HF Sinclair Corp (DINO)

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 and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington, and Utah, as well as markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states. In addition, the company supplies fuels to 1,700 branded stations and licenses the use of the Sinclair brand at approximately 350 additional locations, as well as provision of other marketing activities. Further, the company produces base oils and other specialized lubricants; and provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum sector. Additionally, it offers hydrocarbon chemicals, including white oils, petrolatums, and waxes. The company also exports its products. HF Sinclair Corporation was incorporated in 1947 and is headquartered in Dallas, Texas.

Symbol
DINO
Exchange
NYSE
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Market cap
$19.04B
52 week range
45.71 - 118.39

Valuation

Share price
$106.14 (close of 2026-09-23)
P/E (TTM)
10.12x
Price to book
1.84x
Price to free cash flow
8.24x
Enterprise value
$20.03B
Book value per share
$57.69

Price performance

PeriodChange
1 day-2.88%
5 days-5.44%
1 month+9.06%
3 months+61.68%
6 months+79.08%
Year to date+130.34%
1 year+100.98%
3 years+84.33%
5 years+228.20%
10 years+328.16%
All time+58866.67%

Profitability and growth

Return on equity
6.26%
Return on invested capital
6.79%
Return on assets
3.51%
Return on capital employed
6.61%
Gross margin
91.10%
Net margin
2.15%
EBITDA margin
6.83%
Revenue growth
-5.99%
Net income growth
227.12%
Free cash flow growth
35.31%

Cash flow and balance sheet

Free cash flow yield (TTM)
12.14%
Current ratio
1.97x
Net debt to EBITDA
0.28x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$26.87B
Cost of revenue
$2.39B
Gross profit
$24.48B
EBITDA
$1.84B
Net income
$579.00M
Earnings per share
$3.08
Shares outstanding
186.47M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$26.87B$24.48B$579.00M$3.08
2024-12-31$28.58B$26.10B$177.00M$0.91
2023-12-31$31.96B$6.18B$1.59B$8.29
2022-12-31$38.20B$7.52B$2.92B$14.28
2021-12-31$18.39B$2.82B$558.32M$3.39
2020-12-31$11.18B$2.02B$-601.45M$-3.72

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3191.10%2.15%6.26%6.79%
2024-12-3191.31%0.62%1.89%1.95%
2023-12-3119.33%4.97%15.53%14.60%
2022-12-3119.70%7.65%29.18%26.39%
2021-12-3115.35%3.04%8.87%6.50%
2020-12-3118.11%-5.38%-10.51%-11.52%

Cash and debt by year

Period endCashDebt
2025-12-31$978.00M$2.77B
2024-12-31$800.00M$2.29B
2023-12-31$1.35B$2.74B
2022-12-31$1.67B$2.95B
2021-12-31$234.44M$3.07B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$866.00M$33.00M
2024-12-31$640.00M$23.00M
2023-12-31$1.91B$41.00M
2022-12-31$3.25B$31.00M
2021-12-31$-318.39M$39.27M
2020-12-31$187.05M$31.65M

Dividend history

Most recent payment
2026-08-11
Paid in the last twelve months
$2.02
Payment dateDividend per share
2026-08-11$0.53
2026-05-11$0.50
2026-03-02$0.50
2025-11-19$0.50
2025-08-21$0.50
2025-05-15$0.50
2025-03-06$0.50
2024-11-21$0.50

Investor relations

Next earnings report

Next confirmed report
2026-10-29
Consensus EPS estimate
$7.12

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-28Jun/2026$4.39
2026-05-01--
2026-02-18--
2025-10-30--
2025-07-31--
2025-05-22--
2025-05-01--
2025-02-20--

Filings and sources

Company website
hfsinclair.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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