Delek Logistics Partners, LP (DKL) AI Stock Analysis

Delek Logistics Partners, LP operates in the logistics and marketing sectors of the United States energy market across three core segments: Pipelines and Transportation, Wholesale Marketing and Terminalling, and Investment in Pipeline Joint Ventures. The Pipelines and Transportation segment manages approximately 400 miles of crude oil pipelines, 450 miles of refined product pipelines, and storage capacity across tanks holding approximately 10.2 million barrels, supporting refineries in Tyler, El Dorado, and Big Spring. The Wholesale Marketing and Terminalling segment provides marketing, storage, and terminalling services for refined products, while joint ventures construct and operate crude oil pipeline systems.

Revenue moved from $700.9M in FY2021 to $1.04B in FY2022, followed by declines to $1.02B in FY2023 and $940.6M in FY2024. In FY2025, revenue grew 7.7% to $1.01B, achieving a five-year revenue CAGR of 12.5% from FY2020. Annual net income was $164.8M in FY2021, $159.1M in FY2022, $126.2M in FY2023, $142.7M in FY2024, and reached $176.5M in FY2025 with an operating margin of 18.0%. For the latest quarter ended June 30, 2026, quarterly revenue grew 56.2% year-over-year, while quarterly earnings declined 34.9% year-over-year. Trailing twelve month EPS was $2.89.

As of June 30, 2026, Delek Logistics held $13.7M in cash and short-term investments against total debt of $2.41B, resulting in net debt of $2.39B and a current ratio of 0.96. Shareholders' equity stood at -$69.3M, reflecting negative equity. In FY2025, operating cash flow reached $237.1M, while free cash flow was -$30.6M after capital expenditures of $267.8M. Cash deployment in FY2025 included $238.1M in dividends paid and $10.0M in share buybacks.

At a closing price of $57.38 on October 16, 2026, DKL carried a market capitalization of $3.32B and an enterprise value of $5.57B. The partnership trades at a trailing P/E of 19.9x, above the 15.0x median of its US-listed Energy peers, but its forward P/E of 10.3x sits below the peer median of 12.7x. Its EV/EBITDA stands at 10.8x compared to the peer median of 8.0x. Over the past year, DKL returned 44.5%, outperforming the S&P 500 return of 16.8%, while its 5-year return of 82.5% trails the S&P 500 return of 83.0%.

DKL has paid quarterly dividends for 14 consecutive years. The forward annual dividend is $4.51 per share, providing a dividend yield of 7.86% as of October 16, 2026. The partnership recorded a 5-year annualized dividend growth rate of 4.4%, alongside a payout ratio of 102.6%. The last ex-dividend date occurred on August 3, 2026.

Wall Street coverage consists of 0 Strong Buy, 1 Buy, 4 Hold, 1 Sell, and 0 Strong Sell ratings. The mean price target of $53.17 sits 7.3% below the last close of $57.38. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $1.40B and EPS of $3.49. DKL beat EPS estimates in 1 of the last 4 quarters, and its next earnings report is scheduled for November 6, 2026.

This page is an AI-written research summary of Delek Logistics Partners, LP (DKL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: DKL income statement, DKL balance sheet, DKL key metrics, DKL analyst forecast, DKL chart. See the DKL stock overview for the latest quote and news.