Delek Logistics Partners LP (DKL) - Net Assets
Based on the latest financial reports, Delek Logistics Partners LP (DKL) has net assets worth $-20.15 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.91 Billion) and total liabilities ($2.93 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. Check Delek Logistics Partners LP tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-20.15 Million |
| % of Total Assets | -0.69% |
| Annual Growth Rate | -4.5% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 321.0 |
Delek Logistics Partners LP - Net Assets Trend (2010–2025)
This chart illustrates how Delek Logistics Partners LP's net assets have evolved over time, based on quarterly financial data. See DKL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Delek Logistics Partners LP (2010–2025)
The table below shows the annual net assets of Delek Logistics Partners LP from 2010 to 2025. For live valuation and market cap data, see how much is Delek Logistics Partners LP worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $6.11 Million | -82.79% |
| 2024-12-31 | $35.53 Million | +121.95% |
| 2023-12-31 | $-161.87 Million | -46.22% |
| 2022-12-31 | $-110.70 Million | -6.45% |
| 2021-12-31 | $-103.99 Million | +3.98% |
| 2020-12-31 | $-108.30 Million | +28.33% |
| 2019-12-31 | $-151.12 Million | -12.09% |
| 2018-12-31 | $-134.82 Million | -361.33% |
| 2017-12-31 | $-29.23 Million | -120.00% |
| 2016-12-31 | $-13.28 Million | -20.57% |
| 2015-12-31 | $-11.02 Million | -154.94% |
| 2014-12-31 | $20.05 Million | -67.67% |
| 2013-12-31 | $62.04 Million | -40.59% |
| 2012-12-31 | $104.42 Million | -3.06% |
| 2011-12-31 | $107.72 Million | +782.61% |
| 2010-12-31 | $12.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Delek Logistics Partners LP'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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.11 Million | 100.00% |
| Total Equity | $6.11 Million | 100.00% |
Delek Logistics Partners LP Competitors by Market Cap
The table below lists competitors of Delek Logistics Partners LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Baoan Group Co Ltd
SHE:000009
|
$2.67 Billion |
|
Heartflow, Inc. Common Stock
NASDAQ:HTFL
|
$2.67 Billion |
|
Shenzhen Rongda Photosensitive & Technology Co Ltd
SHE:300576
|
$2.67 Billion |
|
Solar Applied Materials Technology
TWO:1785
|
$2.68 Billion |
|
Mainova AG
F:MNV6
|
$2.67 Billion |
|
Shanghai Jin Jiang International Hotels Development Co Ltd A
SHG:600754
|
$2.67 Billion |
|
Suzhou Recodeal Interconnect System Co Ltd
SHG:688800
|
$2.67 Billion |
|
NuVista Energy Ltd.
TO:NVA
|
$2.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Delek Logistics Partners LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 35,528,000 to 6,114,000, a change of -29,414,000 (-82.8%).
- Net income of 176,460,000 contributed positively to equity growth.
- Dividend payments of 238,132,000 reduced retained earnings.
- Share repurchases of 10,000,000 reduced equity.
- Other factors increased equity by 42,258,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $176.46 Million | +2886.16% |
| Dividends Paid | $238.13 Million | -3894.86% |
| Share Repurchases | $10.00 Million | -163.56% |
| Other Changes | $42.26 Million | +691.17% |
| Total Change | $- | -82.79% |
Book Value vs Market Value Analysis
This analysis compares Delek Logistics Partners LP'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: 439.87x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 98.75x to 439.87x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $0.51 | $50.22 | x |
| 2011-12-31 | $4.49 | $50.22 | x |
| 2012-12-31 | $4.35 | $50.22 | x |
| 2013-12-31 | $2.57 | $50.22 | x |
| 2014-12-31 | $0.83 | $50.22 | x |
| 2015-12-31 | $-0.45 | $50.22 | x |
| 2016-12-31 | $-0.55 | $50.22 | x |
| 2017-12-31 | $-1.20 | $50.22 | x |
| 2018-12-31 | $-5.53 | $50.22 | x |
| 2019-12-31 | $-5.98 | $50.22 | x |
| 2020-12-31 | $-3.22 | $50.22 | x |
| 2021-12-31 | $-2.39 | $50.22 | x |
| 2022-12-31 | $-2.54 | $50.22 | x |
| 2023-12-31 | $-3.71 | $50.22 | x |
| 2024-12-31 | $0.75 | $50.22 | x |
| 2025-12-31 | $0.11 | $50.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Delek Logistics Partners LP 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): 2886.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.41%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 454.57x
- Recent ROE (2886.16%) is above the historical average (239.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 82.65% | 2.00% | 7.02x | 5.89x | $8.87 Million |
| 2011 | 11.74% | 1.70% | 3.72x | 1.86x | $1.87 Million |
| 2012 | 8.05% | 0.82% | 4.16x | 2.35x | $-2.03 Million |
| 2013 | 77.09% | 5.27% | 3.30x | 4.43x | $41.63 Million |
| 2014 | 359.00% | 8.56% | 2.70x | 15.55x | $69.99 Million |
| 2015 | 0.00% | 11.34% | 1.57x | 0.00x | $67.95 Million |
| 2016 | 0.00% | 14.02% | 1.08x | 0.00x | $64.13 Million |
| 2017 | 0.00% | 12.90% | 1.21x | 0.00x | $72.33 Million |
| 2018 | 0.00% | 13.71% | 1.05x | 0.00x | $103.66 Million |
| 2019 | 0.00% | 16.57% | 0.78x | 0.00x | $111.36 Million |
| 2020 | 0.00% | 28.27% | 0.59x | 0.00x | $170.09 Million |
| 2021 | 0.00% | 23.52% | 0.75x | 0.00x | $175.22 Million |
| 2022 | 0.00% | 15.35% | 0.62x | 0.00x | $170.12 Million |
| 2023 | 0.00% | 12.37% | 0.62x | 0.00x | $142.42 Million |
| 2024 | 401.61% | 15.17% | 0.46x | 57.46x | $139.13 Million |
| 2025 | 2886.16% | 17.41% | 0.36x | 454.57x | $175.85 Million |
Industry Comparison
This section compares Delek Logistics Partners LP'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: $3,003,139,556
- Average return on equity (ROE) among peers: 10.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Delek Logistics Partners LP (DKL) | $-20.15 Million | 82.65% | N/A | $2.67 Billion |
| ARKO Petroleum Corp. (APC) | $-42.05 Billion | 0.00% | 0.00x | $245.62 Million |
| Crossamerica Partners LP (CAPL) | $94.67 Million | 19.09% | 3.14x | $830.24 Million |
| Clean Energy Fuels Corp (CLNE) | $465.04 Million | -19.28% | 1.50x | $416.22 Million |
| Cosan SA ADR (CSAN) | $48.17 Billion | 2.44% | 1.79x | $3.96 Billion |
| CVR Energy Inc (CVI) | $888.00 Million | 0.79% | 3.80x | $2.87 Billion |
| HF Sinclair Corp (DINO) | $6.51 Billion | 11.87% | 0.87x | $12.00 Billion |
| Delek US Energy Inc (DK) | $41.90 Million | -1.19% | 4.59x | $2.70 Billion |
| Delixy Holdings Limited Ordinary Shares (DLXY) | $1.82 Million | 63.12% | 4.72x | $3.23 Million |
| Icahn Enterprises LP (IEP) | $12.90 Billion | 15.80% | 0.81x | $4.41 Billion |
About Delek Logistics Partners LP
Delek Logistics Partners, LP provides gathering, pipeline, transportation, and other services for crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling water disposal and recycling customers in the United States. The company operates in four segments: Gathering and Processing, Wholesale Marketing and Terminalling, Storage and Transportation, and Inves… Read more