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Delek Logistics Partners LPDKL 83 ROC (Joel Greenblatt) % is 26.41% as of Jun. 2026, which is 24% below its 10-year median of 34.70. 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 1,005 Oil & Gas companies, Delek Logistics Partners LP ranks better than 79.9% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Delek Logistics Partners LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 26.41%.
The historical rank and industry rank for Delek Logistics Partners LP's ROC (Joel Greenblatt) % or its related term are showing as below:
DKL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.43 Med: 34.7 Max: 51.02
Current: 25.43
During the past 13 years, Delek Logistics Partners LP's highest ROC (Joel Greenblatt) % was 51.02%. The lowest was 25.43%. And the median was 34.70%.
DKL's ROC (Joel Greenblatt) % is ranked better than 79.9% of 1005
companies
in the Oil & Gas industry
Industry Median: 8.92
vs DKL: 25.43
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
* 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: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Refining & Marketing subindustry, Delek Logistics Partners LP's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (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 ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Delek Logistics Partners LP's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Delek Logistics Partners LP's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Jun. 2026) EBIT 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.
What does a ROC (Joel Greenblatt) % of 26.41% mean?
Delek Logistics Partners LP (DKL) has a ROC (Joel Greenblatt) % of 26.41% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Delek Logistics Partners LP and its competitors. This is 24% below median its historical median of 34.70. Over the past decade, Delek Logistics Partners LP's ROC (Joel Greenblatt) % has ranged from 25.43 to 51.02. According to the industry distribution chart, Delek Logistics Partners LP ranks #202 out of 1005 companies in the Oil & Gas industry, placing it in the top 20.1%.
Is Delek Logistics Partners LP's ROC (Joel Greenblatt) % too high?
Delek Logistics Partners LP's current ROC (Joel Greenblatt) % of 26.41% is 24% below median its 10-year median of 34.70. Over the past 10 years, this metric has ranged from a low of 25.43 to a high of 51.02. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.92. Delek Logistics Partners LP's value of 26.41% is 196.1% above this industry median. Based on the distribution chart, Delek Logistics Partners LP ranks #202 out of 1005 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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 ROC (Joel Greenblatt) % compare to CVI and DK?
According to the Oil & Gas industry distribution chart, Delek Logistics Partners LP ranks #202 out of 1005 companies for ROC (Joel Greenblatt) %. This places Delek Logistics Partners LP in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.92. Delek Logistics Partners LP's value of 26.41% is 196.1% above this benchmark. Historically, Delek Logistics Partners LP's own ROC (Joel Greenblatt) % has ranged from 25.43 to 51.02 over the past decade. While the company's 10-year median is 34.70 vs. the industry median of 8.92, 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 ROC (Joel Greenblatt) % for an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.92, based on 1,005 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (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 ROC (Joel Greenblatt) % of 26.41% is 196.1% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Delek Logistics Partners LP and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delek Logistics Partners LP's current ROC (Joel Greenblatt) % is 26.41%, which is 24% below median its own 10-year median of 34.70. 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 $53.71 — trading 14.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 26.41%, which is 24% below median its 10-year median of 34.70 and 196.1% above the Oil & Gas industry median of 8.92. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Delek Logistics Partners LP (DKL), the current ROC (Joel Greenblatt) % is 26.41% 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 $53.71 is trading 14.6% above its estimated GF Value™ of $46.85.
GuruFocus considers Delek Logistics Partners LP to be Modestly Overvalued.
Key valuation signals for DKL:
ROC (Joel Greenblatt) %: 26.41% (24% below median its 10-year median of 34.70)
GF Value™: $46.85 vs. price of $53.71 (14.6% above fair value)
Industry Position: 196.1% above the Oil & Gas median (#202 of 1005)
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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