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Delek Logistics Partners LPDKL +1.05%81 Earnings Yield (Joel Greenblatt) % is 7.25% as of Jun. 2026, which is 3% below its 10-year median of 7.45. GuruFocus rates DKL with a GF Score™ of 81/100 and a GF Value™ of $47.41 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 1,034 Oil & Gas companies, Delek Logistics Partners LP ranks better than 55.61% on this metric.
Delek Logistics Partners LP's Enterprise Value for the quarter that ended in Jun. 2026 was $5,136 Mil.
Delek Logistics Partners LP's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $372 Mil. Delek Logistics Partners LP's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 7.25%.
The historical rank and industry rank for Delek Logistics Partners LP's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
DKL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.12 Med: 7.45 Max: 14.07
Current: 6.58
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Delek Logistics Partners LP was 14.07%. The lowest was 5.12%. And the median was 7.45%.
DKL's Earnings Yield (Joel Greenblatt) % is ranked better than 55.61% of 1034
companies
in the Oil & Gas industry
Industry Median: 5.24
vs DKL: 6.58
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Delek Logistics Partners LP's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 12.23%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
The historical data trend for Delek Logistics Partners LP's Earnings Yield (Joel Greenblatt) % 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.
For the Oil & Gas Refining & Marketing subindustry, Delek Logistics Partners LP's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Logistics Partners LP Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Delek Logistics Partners LP's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Delek Logistics Partners LP's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Delek Logistics Partners LPs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Delek Logistics Partners LP's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $372 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 7.25% mean?
Delek Logistics Partners LP (DKL) has a Earnings Yield (Joel Greenblatt) % of 7.25% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Delek Logistics Partners LP and its competitors. This is near median its historical median of 7.45. Over the past decade, Delek Logistics Partners LP's Earnings Yield (Joel Greenblatt) % has ranged from 5.12 to 14.07. According to the industry distribution chart, Delek Logistics Partners LP ranks #459 out of 1034 companies in the Oil & Gas industry, placing it in the top 44.4%.
Is Delek Logistics Partners LP's Earnings Yield (Joel Greenblatt) % too high?
Delek Logistics Partners LP's current Earnings Yield (Joel Greenblatt) % of 7.25% is near median its 10-year median of 7.45. Over the past 10 years, this metric has ranged from a low of 5.12 to a high of 14.07. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 5.24. Delek Logistics Partners LP's value of 7.25% is 38.4% above this industry median. Based on the distribution chart, Delek Logistics Partners LP ranks #459 out of 1034 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Delek Logistics Partners LP has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delek Logistics Partners LP's Earnings Yield (Joel Greenblatt) % compare to PARR and CVI?
According to the Oil & Gas industry distribution chart, Delek Logistics Partners LP ranks #459 out of 1034 companies for Earnings Yield (Joel Greenblatt) %. This puts Delek Logistics Partners LP in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.24. Delek Logistics Partners LP's value of 7.25% is 38.4% above this benchmark. Historically, Delek Logistics Partners LP's own Earnings Yield (Joel Greenblatt) % has ranged from 5.12 to 14.07 over the past decade. While the company's 10-year median is 7.45 vs. the industry median of 5.24, Delek Logistics Partners LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 5.24, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delek Logistics Partners LP's current Earnings Yield (Joel Greenblatt) % of 7.25% is 38.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Delek Logistics Partners LP and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delek Logistics Partners LP's current Earnings Yield (Joel Greenblatt) % is 7.25%, which is near median its own 10-year median of 7.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delek Logistics Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Delek Logistics Partners LP (DKL) is currently considered Modestly Overvalued. The stock's GF Value™ is $47.41, compared to a current price of $56.41 — trading 19% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.25%, which is near median its 10-year median of 7.45 and 38.4% above the Oil & Gas industry median of 5.24. Delek Logistics Partners LP's overall GF Score™ is 81/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Delek Logistics Partners LP (DKL), the current Earnings Yield (Joel Greenblatt) % is 7.25% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Delek Logistics Partners LP (DKL) Overvalued in 2026?
Based on GuruFocus' analysis, Delek Logistics Partners LP stock appears to be overvalued.
The current stock price of $56.41 is trading 19% above its estimated GF Value™ of $47.41.
GuruFocus considers Delek Logistics Partners LP to be Modestly Overvalued.
Key valuation signals for DKL:
Earnings Yield (Joel Greenblatt) %: 7.25% (near median its 10-year median of 7.45)
GF Value™: $47.41 vs. price of $56.41 (19% above fair value)
Industry Position: 38.4% above the Oil & Gas median (#459 of 1034)
No single metric tells the full story. See the DKL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products. The company's segment includes gathering and processing; wholesale marketing and terminalling; storage and transportation and investment in pipeline joint ventures. It generates maximum revenue from the wholesale marketing and terminalling segment, which provides marketing services for the refined products output of the Delek Holdings' refineries, engages in wholesale activity at its terminals and terminals owned by third parties, whereby it purchases light product for sale and exchange to third parties, and provides terminalling services at its refined products terminals to independent third parties and Delek Holdings.
81GF Score
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