Delek US Holdings (HAM:DEH) EBIT: €280 Mil (TTM As of Mar. 2026)


HAM:DEH Delek US Holdings Inc HAM:DEH
52 GF Score
Price €40.54
GF Value €16.92
! 8 Warning Signs
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What is Delek US Holdings EBIT?

Delek US Holdings HAM:DEH +5.66% 52 EBIT is €280 Mil as of Mar. 2026. GuruFocus rates HAM:DEH with a GF Score™ of 52/100 and a GF Value™ of €16.92. The stock has 8 warning signs investors should review.

Delek US Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-142 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €280 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Delek US Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was -10.81%. Delek US Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -19.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Delek US Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.48%.


Delek US Holdings  (HAM:DEH) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Delek US Holdings's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-620.376 * ( 1 - 23.38% )/( (4502.032 + 4288.67)/ 2 )
=-475.3320912/4395.351
=-10.81 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5847.936 - 1739.94 - ( 534.433 - max(0, 2160.108 - 1766.072+534.433))
=4502.032

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6547.963 - 2991.862 - ( 539.846 - max(0, 3022.829 - 2290.26+539.846))
=4288.67

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Delek US Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-568.824/( ( (2855.691 + max(-903.276, 0)) + (3011.324 + max(-1241.448, 0)) )/ 2 )
=-568.824/( ( 2855.691 + 3011.324 )/ 2 )
=-568.824/2933.5075
=-19.39 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(553.99 + 620.004 + 51.496) - (1739.94 + 60.634 + 328.192)
=-903.276

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(815.435 + 805.315 + 129.664) - (2991.862 + 59.166 + -59.166)
=-1241.448

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Delek US Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=279.726/5108.474
=5.48 %

* 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.


Delek US Holdings EBIT Related Terms


Delek US Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Delek US Holdings's EBIT 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.

Delek US Holdings EBIT Chart

Delek US Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 488.61 306.83 -375.32 328.11

Delek US Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 -102.58 -15.17 279.54 157.56 -142.21

HAM:DEH vs PARR, CVI, DKL: EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Delek US Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Delek US Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Delek US Holdings's EV-to-EBIT falls into.


HAM:DEH
52GF Score
Delek US Holdings Inc HAM:DEH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Delek US Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €280 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €280 Mil mean?
Delek US Holdings (HAM:DEH) has a EBIT of €280 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Delek US Holdings.
Is Delek US Holdings' EBIT too high?
Delek US Holdings' current EBIT is €280 Mil. Overall, Delek US Holdings has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Delek US Holdings' EBIT compare to PARR and CVI?
Delek US Holdings' EBIT of €280 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Delek US Holdings. Delek US Holdings's current EBIT is €280 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delek US Holdings stock overvalued right now?
Delek US Holdings (HAM:DEH) has a current EBIT of €280 Mil. The stock's GF Value™ is €16.92, compared to a current price of €40.54 — trading 139.6% above its estimated fair value. The current EBIT is €280 Mil. Delek US Holdings' overall GF Score™ is 52/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Delek US Holdings (HAM:DEH), the current EBIT is €280 Mil as of Mar. 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 US Holdings (HAM:DEH) Overvalued in 2026?

Based on GuruFocus' analysis, Delek US Holdings stock appears to be overvalued. The current stock price of €40.54 is trading 139.6% above its estimated GF Value™ of €16.92.

Key valuation signals for HAM:DEH:

  • EBIT: €280 Mil
  • GF Value™: €16.92 vs. price of €40.54 (139.6% above fair value)
  • GF Score™: 52/100 with 8 warning signs

No single metric tells the full story. See the HAM:DEH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delek US Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges DK:USADEH:Germany
Address 310 Seven Springs Way, Suite 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 stores retailing. The company owns and operates independent refineries that produce a variety of petroleum products for transportation and industrial markets in the United States. It has three segments: Refining segment and Logistics segment and retail segment. 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.
52GF Score

Get the complete analysis for HAM:DEH

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€40.54
Price
€16.92
GF Value