HF Sinclair Corp Net Assets
HF Sinclair Corp net assets. Based on the latest financial reports, HF Sinclair Corp (DINO) has net assets worth $9.73 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.17 Billion) and total liabilities ($8.44 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore net asset momentum of HF Sinclair Corp to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.73 Billion |
| % of Total Assets | 53.54% |
| Annual Growth Rate | 33.26% |
| 5-Year Change | 46.94% |
| 10-Year Change | 74.44% |
| Growth Volatility | 1153.06 |
Net Assets of HF Sinclair Corp (1989–2025)
Net assets of HF Sinclair Corp from 1989 to 2025. This chart illustrates how HF Sinclair Corp's net assets have evolved over time, based on quarterly financial data. See DINO net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for HF Sinclair Corp (1989–2025)
The table below shows the annual net assets of HF Sinclair Corp from 1989 to 2025. For live market cap and overall valuation, see HF Sinclair Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $9.25 Billion | -1.04% |
| 2024-12-31 | $9.35 Billion | -8.71% |
| 2023-12-31 | $10.24 Billion | +2.19% |
| 2022-12-31 | $10.02 Billion | +59.15% |
| 2021-12-31 | $6.29 Billion | +10.00% |
| 2020-12-31 | $5.72 Billion | -12.09% |
| 2019-12-31 | $6.51 Billion | +0.78% |
| 2018-12-31 | $6.46 Billion | +9.53% |
| 2017-12-31 | $5.90 Billion | +11.22% |
| 2016-12-31 | $5.30 Billion | -8.74% |
| 2015-12-31 | $5.81 Billion | -4.77% |
| 2014-12-31 | $6.10 Billion | -7.70% |
| 2013-12-31 | $6.61 Billion | -0.50% |
| 2012-12-31 | $6.64 Billion | +13.82% |
| 2011-12-31 | $5.84 Billion | +353.05% |
| 2010-12-31 | $1.29 Billion | +6.65% |
| 2009-12-31 | $1.21 Billion | +123.04% |
| 2008-12-31 | $541.54 Million | -10.06% |
| 2007-12-31 | $602.13 Million | +29.19% |
| 2006-12-31 | $466.09 Million | +23.52% |
| 2005-12-31 | $377.35 Million | -24.15% |
| 2004-12-31 | $497.47 Million | +75.73% |
| 2003-12-31 | $283.08 Million | +24.36% |
| 2002-12-31 | $227.64 Million | +3.85% |
| 2001-12-31 | $219.20 Million | +69.16% |
| 2000-12-31 | $129.58 Million | +0.53% |
| 1999-12-31 | $128.90 Million | +12.77% |
| 1998-12-31 | $114.30 Million | +8.75% |
| 1997-12-31 | $105.10 Million | +9.25% |
| 1996-12-31 | $96.20 Million | +20.25% |
| 1995-12-31 | $80.00 Million | +23.46% |
| 1994-12-31 | $64.80 Million | +39.35% |
| 1993-12-31 | $46.50 Million | +57.63% |
| 1992-12-31 | $29.50 Million | -1.01% |
| 1991-12-31 | $29.80 Million | +39.25% |
| 1990-12-31 | $21.40 Million | +7033.33% |
| 1989-12-31 | $300.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to HF Sinclair Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 537570000000.0% over the analyzed period, indicating profitable operations and earnings retention.
HF Sinclair Corp Net Assets Breakdown (December 2025)
HF Sinclair Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.37 Billion | 58.50% |
| Common Stock | $2.00 Million | 0.02% |
| Other Comprehensive Income | $-26.00 Million | -0.28% |
| Other Components | $3.83 Billion | 41.76% |
| Total Equity | $9.18 Billion | 100.00% |
HF Sinclair Corp Competitors by Market Cap
The table below lists competitors of HF Sinclair Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crown Holdings Inc
NYSE:CCK
|
$13.13 Billion |
|
Lifco AB (publ)
ST:LIFCO-B
|
$13.13 Billion |
|
Zhejiang Juhua Co Ltd
SHG:600160
|
$13.14 Billion |
|
EDP Renovaveis
LS:EDPR
|
$13.16 Billion |
|
Great Wall Motor Co Ltd
SHG:601633
|
$13.10 Billion |
|
ICON PLC
NASDAQ:ICLR
|
$13.06 Billion |
|
Bajaj Holdings & Investment Limited
NSE:BAJAJHLDNG
|
$13.06 Billion |
|
Formosa Plastics Corp
TW:1301
|
$13.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HF Sinclair Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,278,000,000 to 9,184,000,000, a change of -94,000,000 (-1.0%).
- Net income of 579,000,000 contributed positively to equity growth.
- Dividend payments of 376,000,000 reduced retained earnings.
- Share repurchases of 354,000,000 reduced equity.
- Other comprehensive income increased equity by 21,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $579.00 Million | +6.3% |
| Dividends Paid | $376.00 Million | -4.09% |
| Share Repurchases | $354.00 Million | -3.85% |
| Other Comprehensive Income | $21.00 Million | +0.23% |
| Other Changes | $36.00 Million | +0.39% |
| Total Change | $- | -1.01% |
Book Value vs Market Value Analysis
This analysis compares HF Sinclair Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.99x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 43475.22x to 1.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $0.00 | $97.77 | x |
| 1990-12-31 | $0.16 | $97.77 | x |
| 1991-12-31 | $0.22 | $97.77 | x |
| 1992-12-31 | $0.22 | $97.77 | x |
| 1993-12-31 | $0.35 | $97.77 | x |
| 1994-12-31 | $0.48 | $97.77 | x |
| 1995-12-31 | $0.60 | $97.77 | x |
| 1996-12-31 | $0.72 | $97.77 | x |
| 1997-12-31 | $0.80 | $97.77 | x |
| 1998-12-31 | $0.85 | $97.77 | x |
| 1999-12-31 | $0.97 | $97.77 | x |
| 2000-12-31 | $1.00 | $97.77 | x |
| 2001-12-31 | $1.78 | $97.77 | x |
| 2002-12-31 | $1.79 | $97.77 | x |
| 2003-12-31 | $2.10 | $97.77 | x |
| 2004-12-31 | $2.64 | $97.77 | x |
| 2005-12-31 | $2.98 | $97.77 | x |
| 2006-12-31 | $4.00 | $97.77 | x |
| 2007-12-31 | $5.32 | $97.77 | x |
| 2008-12-31 | $5.36 | $97.77 | x |
| 2009-12-31 | $11.93 | $97.77 | x |
| 2010-12-31 | $12.01 | $97.77 | x |
| 2011-12-31 | $36.64 | $97.77 | x |
| 2012-12-31 | $29.36 | $97.77 | x |
| 2013-12-31 | $29.81 | $97.77 | x |
| 2014-12-31 | $30.90 | $97.77 | x |
| 2015-12-31 | $30.75 | $97.77 | x |
| 2016-12-31 | $30.11 | $97.77 | x |
| 2017-12-31 | $33.28 | $97.77 | x |
| 2018-12-31 | $36.56 | $97.77 | x |
| 2019-12-31 | $35.72 | $97.77 | x |
| 2020-12-31 | $31.91 | $97.77 | x |
| 2021-12-31 | $34.99 | $97.77 | x |
| 2022-12-31 | $45.63 | $97.77 | x |
| 2023-12-31 | $53.51 | $97.77 | x |
| 2024-12-31 | $48.30 | $97.77 | x |
| 2025-12-31 | $49.25 | $97.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HF Sinclair Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.15%
- • Asset Turnover: 1.61x
- • Equity Multiplier: 1.82x
- Recent ROE (6.30%) is below the historical average (318.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 11033.33% | 8.71% | 2.41x | 525.67x | $33.07 Million |
| 1990 | 112.15% | 5.48% | 2.93x | 6.99x | $21.86 Million |
| 1991 | 39.26% | 2.40% | 2.30x | 7.12x | $8.72 Million |
| 1992 | 9.49% | 0.55% | 2.06x | 8.32x | $-150.00K |
| 1993 | 40.65% | 3.00% | 2.52x | 5.37x | $14.25 Million |
| 1994 | 31.94% | 3.75% | 1.96x | 4.35x | $14.22 Million |
| 1995 | 22.63% | 2.94% | 2.14x | 3.59x | $10.10 Million |
| 1996 | 19.96% | 2.84% | 1.93x | 3.65x | $9.58 Million |
| 1997 | 12.46% | 1.82% | 2.06x | 3.33x | $2.59 Million |
| 1998 | 13.30% | 2.58% | 1.69x | 3.06x | $3.77 Million |
| 1999 | 15.44% | 3.33% | 1.53x | 3.03x | $7.01 Million |
| 2000 | 8.83% | 1.18% | 2.08x | 3.58x | $-1.51 Million |
| 2001 | 33.51% | 6.43% | 2.51x | 2.07x | $51.53 Million |
| 2002 | 2.37% | 1.20% | 0.85x | 2.33x | $-17.36 Million |
| 2003 | 17.14% | 3.28% | 1.98x | 2.64x | $19.19 Million |
| 2004 | 24.68% | 3.73% | 2.29x | 2.89x | $49.89 Million |
| 2005 | 44.43% | 5.22% | 2.81x | 3.03x | $129.92 Million |
| 2006 | 57.19% | 6.63% | 3.25x | 2.66x | $219.96 Million |
| 2007 | 56.27% | 6.97% | 2.88x | 2.80x | $274.75 Million |
| 2008 | 22.26% | 2.05% | 3.13x | 3.46x | $66.40 Million |
| 2009 | 1.62% | 0.40% | 1.54x | 2.60x | $-101.25 Million |
| 2010 | 8.07% | 1.25% | 2.25x | 2.87x | $-24.85 Million |
| 2011 | 17.54% | 6.63% | 1.50x | 1.77x | $439.81 Million |
| 2012 | 28.53% | 8.60% | 1.95x | 1.71x | $1.12 Billion |
| 2013 | 12.26% | 3.65% | 2.00x | 1.68x | $135.88 Million |
| 2014 | 4.61% | 1.42% | 2.14x | 1.51x | $-328.78 Million |
| 2015 | 12.74% | 5.59% | 1.58x | 1.44x | $159.12 Million |
| 2016 | -4.91% | -2.47% | 1.12x | 1.78x | $-790.65 Million |
| 2017 | 13.66% | 5.65% | 1.33x | 1.81x | $215.70 Million |
| 2018 | 17.00% | 6.20% | 1.61x | 1.70x | $452.05 Million |
| 2019 | 12.92% | 4.42% | 1.44x | 2.03x | $174.57 Million |
| 2020 | -11.64% | -5.38% | 0.97x | 2.23x | $-1.12 Billion |
| 2021 | 9.82% | 3.04% | 1.42x | 2.27x | $-10.46 Million |
| 2022 | 31.62% | 7.65% | 2.08x | 1.99x | $2.00 Billion |
| 2023 | 15.63% | 4.97% | 1.80x | 1.74x | $572.76 Million |
| 2024 | 1.91% | 0.62% | 1.72x | 1.79x | $-750.80 Million |
| 2025 | 6.30% | 2.15% | 1.61x | 1.82x | $-339.40 Million |
Industry Comparison
This section compares HF Sinclair Corp's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $8,087,966,047
- Average return on equity (ROE) among peers: 4.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HF Sinclair Corp (DINO) | $9.73 Billion | 11033.33% | 0.87x | $13.13 Billion |
| ARKO Petroleum Corp. (APC) | $21.86 Billion | 3.66% | 1.55x | $185.66 Million |
| Crossamerica Partners LP (CAPL) | $14.54 Million | -24.71% | 20.71x | $752.02 Million |
| Clean Energy Fuels Corp (CLNE) | $62.06 Million | 3.43% | 0.29x | $332.54 Million |
| Cosan SA ADR (CSAN) | $48.17 Billion | 2.44% | 1.79x | $3.96 Billion |
| CVR Energy Inc (CVI) | $689.60 Million | 2.07% | 1.52x | $3.13 Billion |
| Delek US Energy Inc (DK) | $575.20 Million | -97.43% | 10.59x | $2.82 Billion |
| Delek Logistics Partners LP (DKL) | $12.21 Million | 82.65% | 4.89x | $2.72 Billion |
| Delixy Holdings Limited Ordinary Shares (DLXY) | $1.82 Million | 63.12% | 4.72x | $6.74 Million |
| Icahn Enterprises LP (IEP) | $1.41 Billion | 4.88% | 0.61x | $3.65 Billion |
About HF Sinclair Corp
HF Sinclair Corporation operates as an independent energy company in the United States. It operates through five segments: Refining, Renewables, Marketing, Lubricants & Specialties, and Midstream. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, commodity and modified asphalt products, and others. It also owns a… Read more