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DKL (Delek Logistics Partners LP) Gross Margin % : 22.82% (As of Sep. 2024)


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What is Delek Logistics Partners LP Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Delek Logistics Partners LP's Gross Profit for the three months ended in Sep. 2024 was $48.8 Mil. Delek Logistics Partners LP's Revenue for the three months ended in Sep. 2024 was $214.1 Mil. Therefore, Delek Logistics Partners LP's Gross Margin % for the quarter that ended in Sep. 2024 was 22.82%.


The historical rank and industry rank for Delek Logistics Partners LP's Gross Margin % or its related term are showing as below:

DKL' s Gross Margin % Range Over the Past 10 Years
Min: 12.43   Med: 23.32   Max: 36.69
Current: 27.32


During the past 13 years, the highest Gross Margin % of Delek Logistics Partners LP was 36.69%. The lowest was 12.43%. And the median was 23.32%.

DKL's Gross Margin % is ranked worse than
50.61% of 905 companies
in the Oil & Gas industry
Industry Median: 27.54 vs DKL: 27.32

Delek Logistics Partners LP had a gross margin of 22.82% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Delek Logistics Partners LP was 1.90% per year.


Delek Logistics Partners LP Gross Margin % Historical Data

The historical data trend for Delek Logistics Partners LP's Gross Margin % 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 Logistics Partners LP Gross Margin % Chart

Delek Logistics Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.91 36.69 30.83 24.06 27.93

Delek Logistics Partners LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % 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 25.13 29.25 28.37 28.10 22.82

Competitive Comparison of Delek Logistics Partners LP's Gross Margin %

For the Oil & Gas Refining & Marketing subindustry, Delek Logistics Partners LP's Gross Margin %, along with its competitors' market caps and Gross Margin % 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's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Delek Logistics Partners LP's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Delek Logistics Partners LP's Gross Margin % falls into.



Delek Logistics Partners LP Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Delek Logistics Partners LP's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=285 / 1020.409
=(Revenue - Cost of Goods Sold) / Revenue
=(1020.409 - 735.445) / 1020.409
=27.93 %

Delek Logistics Partners LP's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=48.8 / 214.07
=(Revenue - Cost of Goods Sold) / Revenue
=(214.07 - 165.225) / 214.07
=22.82 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Delek Logistics Partners LP  (NYSE:DKL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Delek Logistics Partners LP had a gross margin of 22.82% for the quarter that ended in Sep. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Delek Logistics Partners LP Gross Margin % Related Terms

Thank you for viewing the detailed overview of Delek Logistics Partners LP's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Delek Logistics Partners LP Business Description

Traded in Other Exchanges
N/A
Address
310 Seven Springs Way, Suite 500, Brentwood, TN, USA, 37027
Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products. The company's segment includes Pipelines and Transportation; Pipelines and Transportation and Investments in Pipeline Joint Ventures. It generates maximum revenue from the Pipelines and Transportation segment. The pipelines and Transportation segment consist of pipelines, tanks, offloading facilities, trucks, and ancillary assets, which provide crude oil gathering and crude oil, intermediate and refined products transportation and storage services in support of Delek Holdings' refining operations in Tyler, Texas, El Dorado, Arkansas and Spring, Texas.
Executives
Ezra Uzi Yemin director, officer: Chairman / CEO 7102 COMMERCE WAY, BRENTWOOD TN 37027
Joseph Israel officer: EVP, Operations 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Odely Sakazi officer: Senior Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Reuven Spiegel director 1530 PALISADE AVENUE, APT. 24-L, FORT LEE NJ 07024
Avigal Soreq officer: Executive Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Sherri Anne Brillon director 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Brown Charles J Iii director 524 ROOKWOOD PLACE, CHARLOTTESVILLE VA 22903
Todd O'malley officer: EVP Chief Operating Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Delek Us Holdings, Inc. director, 10 percent owner 310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Robert G. Wright officer: SVP & Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Francis C. D'andrea director 70 NORTH WINDSAIL PLACE, THE WOODLANDS TX 77381
Nilah Staskus officer: EVP, Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Denise Clark Mcwatters officer: EVP, Gen Counsel & Corp Sec 1702 COMMERCE WAY, BRENTWOOD TN 37027
Delek Logistics Services Co director, 10 percent owner 7102 COMMERCE WAY, BRENTWOOD TN 37027
Gennifer F. Kelly director 1702 COMMERCE WAY, BRENTWOOD TN 37027