Delek Logistics Partners Stock Net Income
| DKL Stock | USD 37.68 0.33 0.88% |
Delek Logistics Partners fundamentals help investors to digest information that contributes to Delek Logistics' financial success or failures. It also enables traders to predict the movement of Delek Stock. The fundamental analysis module provides a way to measure Delek Logistics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Delek Logistics stock.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 182.9 M | 97.8 M | |
| Net Income | 126.2 M | 91.4 M | |
| Net Income From Continuing Ops | 146.8 M | 106.6 M | |
| Net Income Per Share | 2.90 | 2.13 | |
| Net Income Per E B T | 0.99 | 0.74 |
Delek | Net Income |
Delek Logistics Partners Company Net Income Analysis
Delek Logistics' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Delek Logistics Net Income | 126.24 M |
Most of Delek Logistics' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Delek Logistics Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Delek Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Delek Logistics is extremely important. It helps to project a fair market value of Delek Stock properly, considering its historical fundamentals such as Net Income. Since Delek Logistics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Delek Logistics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Delek Logistics' interrelated accounts and indicators.
Delek Net Income Historical Pattern
Today, most investors in Delek Logistics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Delek Logistics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Delek Logistics net income as a starting point in their analysis.
Delek Logistics Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Delek Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Delek Logistics Partners reported net income of 126.24 M. This is 94.44% lower than that of the Oil, Gas & Consumable Fuels sector and 81.27% lower than that of the Energy industry. The net income for all United States stocks is 77.89% higher than that of the company.
Delek Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Delek Logistics' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Delek Logistics could also be used in its relative valuation, which is a method of valuing Delek Logistics by comparing valuation metrics of similar companies.Delek Logistics is currently under evaluation in net income category among related companies.
Delek Logistics Current Valuation Drivers
We derive many important indicators used in calculating different scores of Delek Logistics from analyzing Delek Logistics' financial statements. These drivers represent accounts that assess Delek Logistics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Delek Logistics' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 713.4M | 780.2M | 1.9B | 2.0B | 1.9B | 2.0B | |
| Enterprise Value | 1.4B | 1.6B | 2.8B | 3.6B | 3.6B | 3.8B |
Delek Logistics Institutional Holders
Institutional Holdings refers to the ownership stake in Delek Logistics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Delek Logistics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Delek Logistics' value.| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 55.2 K | Ubs Group Ag | 2023-12-31 | 49.8 K | Wells Fargo & Co | 2023-12-31 | 48 K | Blackstone Inc | 2023-12-31 | 41 K | Raymond James & Associates | 2023-12-31 | 31.4 K | Bramshill Investments Llc | 2023-12-31 | 27.1 K | Pinnacle Holdings, Llc | 2023-12-31 | 24.6 K | Lpl Financial Corp | 2023-12-31 | 24.1 K | Susquehanna International Group, Llp | 2023-12-31 | 18.8 K | Alps Advisors Inc | 2023-12-31 | 1.5 M | Amvescap Plc. | 2023-12-31 | 1.1 M |
Delek Fundamentals
| Return On Asset | 0.095 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 3.35 B | |||
| Shares Outstanding | 47.2 M | |||
| Shares Owned By Insiders | 73.58 % | |||
| Shares Owned By Institutions | 10.91 % | |||
| Number Of Shares Shorted | 27.61 K | |||
| Price To Earning | 12.25 X | |||
| Price To Sales | 1.76 X | |||
| Revenue | 1.02 B | |||
| Gross Profit | 309.61 M | |||
| EBITDA | 352.83 M | |||
| Net Income | 126.24 M | |||
| Cash And Equivalents | 7.97 M | |||
| Cash Per Share | 0.32 X | |||
| Total Debt | 1.72 B | |||
| Debt To Equity | (35.06) % | |||
| Current Ratio | 0.39 X | |||
| Book Value Per Share | (3.71) X | |||
| Cash Flow From Operations | 234.32 M | |||
| Short Ratio | 0.21 X | |||
| Earnings Per Share | 2.89 X | |||
| Price To Earnings To Growth | 0.77 X | |||
| Target Price | 44.5 | |||
| Beta | 2.08 | |||
| Market Capitalization | 1.76 B | |||
| Total Asset | 1.64 B | |||
| Retained Earnings | 485.59 M | |||
| Working Capital | (14.32 M) | |||
| Current Asset | 47.04 M | |||
| Current Liabilities | 20.69 M | |||
| Annual Yield | 0.11 % | |||
| Five Year Return | 10.36 % | |||
| Net Asset | 1.64 B | |||
| Last Dividend Paid | 4.16 |
About Delek Logistics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Delek Logistics Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Delek Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Delek Logistics Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Delek Logistics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Delek Logistics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Delek Logistics will appreciate offsetting losses from the drop in the long position's value.Moving together with Delek Stock
| 0.66 | VTNR | Vertex Energy Financial Report 14th of May 2024 | PairCorr |
Moving against Delek Stock
| 0.78 | MPC | Marathon Petroleum Corp Financial Report 7th of May 2024 | PairCorr |
| 0.77 | VLO | Valero Energy Earnings Call This Week | PairCorr |
| 0.77 | BP | BP PLC ADR Financial Report 7th of May 2024 | PairCorr |
| 0.74 | DO | Diamond Offshore Drilling Financial Report 13th of May 2024 | PairCorr |
| 0.72 | AR | Antero Resources Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Delek Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delek Logistics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Delek Logistics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Delek Logistics Partners to buy it.
The correlation of Delek Logistics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Delek Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delek Logistics Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Delek Logistics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Delek Logistics Piotroski F Score and Delek Logistics Altman Z Score analysis. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Delek Stock analysis
When running Delek Logistics' price analysis, check to measure Delek Logistics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Delek Logistics is operating at the current time. Most of Delek Logistics' value examination focuses on studying past and present price action to predict the probability of Delek Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delek Logistics' price. Additionally, you may evaluate how the addition of Delek Logistics to your portfolios can decrease your overall portfolio volatility.
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Is Delek Logistics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delek Logistics. If investors know Delek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Delek Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.49) | Dividend Share 4.16 | Earnings Share 2.89 | Revenue Per Share 23.413 | Quarterly Revenue Growth (0.06) |
The market value of Delek Logistics Partners is measured differently than its book value, which is the value of Delek that is recorded on the company's balance sheet. Investors also form their own opinion of Delek Logistics' value that differs from its market value or its book value, called intrinsic value, which is Delek Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Delek Logistics' market value can be influenced by many factors that don't directly affect Delek Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Delek Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Delek Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delek Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.