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Delek US Holdings (Delek US Holdings) ROE % : -70.05% (As of Dec. 2023)


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What is Delek US Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Delek US Holdings's annualized net income for the quarter that ended in Dec. 2023 was $-660 Mil. Delek US Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $942 Mil. Therefore, Delek US Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was -70.05%.

The historical rank and industry rank for Delek US Holdings's ROE % or its related term are showing as below:

DK' s ROE % Range Over the Past 10 Years
Min: -45.75   Med: 10.52   Max: 27.98
Current: 2.08

During the past 13 years, Delek US Holdings's highest ROE % was 27.98%. The lowest was -45.75%. And the median was 10.52%.

DK's ROE % is ranked worse than
62.99% of 1016 companies
in the Oil & Gas industry
Industry Median: 7.79 vs DK: 2.08

Delek US Holdings ROE % Historical Data

The historical data trend for Delek US Holdings's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Delek US Holdings ROE % Chart

Delek US Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.83 -45.75 -13.50 27.98 2.21

Delek US Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -45.14 26.47 -3.42 52.03 -70.05

Competitive Comparison of Delek US Holdings's ROE %

For the Oil & Gas Refining & Marketing subindustry, Delek US Holdings's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Delek US Holdings's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Delek US Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Delek US Holdings's ROE % falls into.



Delek US Holdings ROE % Calculation

Delek US Holdings's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=19.8/( (943.6+845.5)/ 2 )
=19.8/894.55
=2.21 %

Delek US Holdings's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-659.6/( (1037.7+845.5)/ 2 )
=-659.6/941.6
=-70.05 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Delek US Holdings  (NYSE:DK) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-659.6/941.6
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-659.6 / 16196.4)*(16196.4 / 7520.4)*(7520.4 / 941.6)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.07 %*2.1537*7.9868
=ROA %*Equity Multiplier
=-8.77 %*7.9868
=-70.05 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-659.6/941.6
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-659.6 / -794) * (-794 / -480.4) * (-480.4 / 16196.4) * (16196.4 / 7520.4) * (7520.4 / 941.6)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8307 * 1.6528 * -2.97 % * 2.1537 * 7.9868
=-70.05 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Delek US Holdings ROE % Related Terms

Thank you for viewing the detailed overview of Delek US Holdings's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Delek US Holdings (Delek US Holdings) Business Description

Traded in Other Exchanges
Address
310 Seven Springs Way, Suite 400 and 500, Brentwood, TN, USA, 37027
Delek US Holdings Inc is an integrated energy business focused on petroleum refining, transportation, and storage; wholesale crude oil, intermediate, and refined products, and convenience store retailing. The company owns and operates independent refineries that produce a variety of petroleum products for transportation and industrial markets in the United States. Delek's logistics segment sells portions of the petroleum products its refineries produce. The logistics segment generates revenue through gathering, transporting, and storing crude oil and intermediate products, as well as by marketing, storing, and distributing refined products. The company also offers a collection of retail fuel and convenience stores operating in the Southeast region of the United States.
Executives
Reuven Spiegel officer: EVP, Finance 1530 PALISADE AVENUE, APT. 24-L, FORT LEE NJ 07024
Laurie Z. Tolson director 7102 COMMERCE WAY, BRENTWOOD TN 37027
Joseph Israel officer: EVP, Operations 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Avigal Soreq officer: EVP / CCO 7102 COMMERCE WAY, BRENTWOOD TN 37027
Robert G. Wright officer: SVP & Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Leonardo Moreno director 4300 WILSON BLVD., ARLINGTON VA 22203
Nithia Thaver officer: EVP, Refining 7102 COMMERCE WAY, BRENTWOOD TN 37027
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Nilah Staskus officer: EVP, Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Cvr Energy Inc 10 percent owner 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Todd O'malley officer: EVP, Chief Commercial Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Denise Clark Mcwatters officer: EVP, Gen Counsel & Corp Sec 1702 COMMERCE WAY, BRENTWOOD TN 37027
Richard J Marcogliese director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
William J Finnerty director 12490 ARBOR HILL STREET, MOORPARK CA 93021
Abigail K Yates officer: General Counsel, EVP Secretary 7102 COMMERCE WAY, BRENTWOOD TN 37027