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Delek Logistics Partners LPDKL +0.77%83 Return-on-Tangible-Asset is 4.60% as of Jun. 2026, which is 73% below its 10-year median of 17.16. GuruFocus rates DKL with a GF Score™ of 83/100 and a GF Value™ of $46.85 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,035 Oil & Gas companies, Delek Logistics Partners LP ranks better than 71.3% on this metric.
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Delek Logistics Partners LP Return-on-Tangible-Asset Related Terms
Delek Logistics Partners LP Return-on-Tangible-Asset Historical Data
* 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.
DKL vs CVI, DK, PARR: Return-on-Tangible-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, Delek Logistics Partners LP's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Delek Logistics Partners LP's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Delek Logistics Partners LP's Return-on-Tangible-Asset falls into.
* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.60% mean?
Delek Logistics Partners LP (DKL) has a Return-on-Tangible-Asset of 4.60% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Delek Logistics Partners LP and its competitors. This is 73% below median its historical median of 17.16. Over the past decade, Delek Logistics Partners LP's Return-on-Tangible-Asset has ranged from 6.35 to 23.25. According to the industry distribution chart, Delek Logistics Partners LP ranks #297 out of 1035 companies in the Oil & Gas industry, placing it in the top 28.7%.
Is Delek Logistics Partners LP's Return-on-Tangible-Asset too high?
Delek Logistics Partners LP's current Return-on-Tangible-Asset of 4.60% is 73% below median its 10-year median of 17.16. Over the past 10 years, this metric has ranged from a low of 6.35 to a high of 23.25. The Oil & Gas industry median Return-on-Tangible-Asset is 2.49. Delek Logistics Partners LP's value of 4.60% is 84.7% above this industry median. Based on the distribution chart, Delek Logistics Partners LP ranks #297 out of 1035 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Delek Logistics Partners LP has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delek Logistics Partners LP's Return-on-Tangible-Asset compare to CVI and DK?
According to the Oil & Gas industry distribution chart, Delek Logistics Partners LP ranks #297 out of 1035 companies for Return-on-Tangible-Asset. This puts Delek Logistics Partners LP in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.49. Delek Logistics Partners LP's value of 4.60% is 84.7% above this benchmark. Historically, Delek Logistics Partners LP's own Return-on-Tangible-Asset has ranged from 6.35 to 23.25 over the past decade. While the company's 10-year median is 17.16 vs. the industry median of 2.49, 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 Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.49, based on 1,035 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delek Logistics Partners LP's current Return-on-Tangible-Asset of 4.60% is 84.7% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Delek Logistics Partners LP and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delek Logistics Partners LP's current Return-on-Tangible-Asset is 4.60%, which is 73% below median its own 10-year median of 17.16. 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 $46.85, compared to a current price of $54.13 — trading 15.5% above its estimated fair value. The current Return-on-Tangible-Asset is 4.60%, which is 73% below median its 10-year median of 17.16 and 84.7% above the Oil & Gas industry median of 2.49. Delek Logistics Partners LP's overall GF Score™ is 83/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Delek Logistics Partners LP (DKL), the current Return-on-Tangible-Asset is 4.60% 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 $54.13 is trading 15.5% above its estimated GF Value™ of $46.85.
GuruFocus considers Delek Logistics Partners LP to be Modestly Overvalued.
Key valuation signals for DKL:
Return-on-Tangible-Asset: 4.60% (73% below median its 10-year median of 17.16)
GF Value™: $46.85 vs. price of $54.13 (15.5% above fair value)
Industry Position: 84.7% above the Oil & Gas median (#297 of 1035)
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.
83GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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