- Delek US Holdings, Inc. (NYSE:DK) reported an impressive earnings per share (EPS) of $1.26, significantly beating the anticipated loss.
- The company’s revenue for the quarter was approximately $2.43 billion, with strategic initiatives boosting financial performance.
- Delek US shows a reasonable valuation based on cash flow with an enterprise value to operating cash flow ratio of 3.26.
Delek US Holdings, Inc. (NYSE:DK) is a diversified downstream energy company involved in refining, logistics, and retail operations. The company operates primarily in the United States and is known for its strategic initiatives to optimize operations and improve financial performance. Delek US competes with other energy companies like Valero Energy and Marathon Petroleum.
On February 27, 2026, Delek US reported an impressive earnings per share (EPS) of $1.26, far exceeding the anticipated loss of $0.19 per share. This marks a significant turnaround from the previous year’s loss of $2.54 per share in the same quarter. The company’s revenue for the quarter was approximately $2.43 billion, slightly below the expected $2.55 billion.
The company’s improved financial performance can be attributed to its Enterprise Optimization Plan, which has enhanced its cash flow profile. Delek US has also reduced costs related to Inventory Intermediation Agreements and progressed in its economic separation from Delek Logistics, as highlighted by Avigal Soreq, President and Chief Executive.
The company’s price-to-sales ratio of 0.21 and enterprise value to sales ratio of 0.16 suggest that the stock is valued at a relatively low level compared to its sales. The enterprise value to operating cash flow ratio is 3.26, reflecting a reasonable valuation based on cash flow.
Delek US declared a quarterly dividend of 25.5 cents per share on February 18, 2026, and its stock price increased by 8.5%, closing at $36.38 on February 26. Despite these positive developments, JP Morgan analyst Zach Parham maintained a Neutral rating on the stock, adjusting the price target from $42 to $38. The company’s debt-to-equity ratio of 0.15 indicates a low level of debt, but the current ratio of 0.82 suggests potential challenges in meeting short-term liabilities.
