DKL vs. DK

Last updated Apr 1, 2026

Compare and contrast key facts about Delek Logistics Partners, LP (DKL) and Delek US Holdings, Inc. (DK).

Performance

DKL vs. DK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delek Logistics Partners, LP (DKL) and Delek US Holdings, Inc. (DK). The values are adjusted to include any dividend payments, if applicable.

DKL vs. DK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DKL Delek Logistics Partners, LP	13.94%	17.18%	9.40%	4.36%	14.39%	45.88%	14.34%	21.52%	2.07%	20.80%
DK Delek US Holdings, Inc.	52.98%	68.73%	-24.98%	-0.78%	84.03%	-6.72%	-49.56%	6.57%	-4.90%	48.75%

Fundamentals

Market Cap DKL : $2.66B DK : $2.79B
EPS DKL : $3.30 DK : -$0.37
PS Ratio DKL : 2.63 DK : 0.26
PB Ratio DKL : 435.83 DK : 5.10
Total Revenue (TTM) DKL : $1.01B DK : $10.72B
Gross Profit (TTM) DKL : $169.02M DK : $469.70M
EBITDA (TTM) DKL : $481.39M DK : $776.80M

Returns By Period

In the year-to-date period, DKL achieves a 13.94% return, which is significantly lower than DK's 52.98% return. Both investments have delivered pretty close results over the past 10 years, with DKL having a 15.69% annualized return and DK not far behind at 15.67%.

DKL

• 1D: -3.19%
• 1M: -4.18%
• YTD: 13.94%
• 6M: 14.44%
• 1Y: 27.15%
• 3Y*: 12.54%
• 5Y*: 16.54%
• 10Y*: 15.69%

DK

• 1D: -1.44%
• 1M: 19.06%
• YTD: 52.98%
• 6M: 41.48%
• 1Y: 211.91%
• 3Y*: 30.84%
• 5Y*: 17.79%
• 10Y*: 15.67%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

DKL vs. DK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DKL

DKL Risk / Return Rank: 72
DKL Sharpe Ratio Rank: 76
DKL Sortino Ratio Rank: 68
DKL Omega Ratio Rank: 67
DKL Calmar Ratio Rank: 72
DKL Martin Ratio Rank: 78

DK

DK Risk / Return Rank: 95
DK Sharpe Ratio Rank: 98
DK Sortino Ratio Rank: 95
DK Omega Ratio Rank: 93
DK Calmar Ratio Rank: 95
DK Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DKL vs. DK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delek Logistics Partners, LP (DKL) and Delek US Holdings, Inc. (DK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DKL	DK	Difference
Sharpe ratio Return per unit of total volatility	1.04	3.48	-2.45
Sortino ratio Return per unit of downside risk	1.48	3.55	-2.07
Omega ratio Gain probability vs. loss probability	1.19	1.45	-0.26
Calmar ratio Return relative to maximum drawdown	1.50	5.56	-4.06
Martin ratio Return relative to average drawdown	5.33	13.94	-8.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DKL vs. DK - Sharpe Ratio Comparison

The current DKL Sharpe Ratio is 1.04, which is lower than the DK Sharpe Ratio of 3.48. The chart below compares the historical Sharpe Ratios of DKL and DK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DKL	DK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	3.48	-2.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.34	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	0.28	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.15	+0.22

Correlation

The correlation between DKL and DK is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

DKL vs. DK - Dividend Comparison

DKL's dividend yield for the trailing twelve months is around 8.98%, more than DK's 2.26% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DKL Delek Logistics Partners, LP	8.98%	9.97%	10.79%	9.56%	8.69%	8.71%	11.19%	10.51%	10.38%	8.80%	8.70%	6.05%
DK Delek US Holdings, Inc.	2.26%	3.44%	5.43%	3.59%	2.26%	0.00%	5.79%	3.40%	2.95%	1.72%	2.49%	2.85%

Drawdowns

DKL vs. DK - Drawdown Comparison

The maximum DKL drawdown since its inception was -82.68%, roughly equal to the maximum DK drawdown of -86.89%. Use the drawdown chart below to compare losses from any high point for DKL and DK.

Drawdown Indicators

	DKL	DK	Difference
Max Drawdown Largest peak-to-trough decline	-82.68%	-86.89%	+4.21%
Max Drawdown (1Y) Largest decline over 1 year	-17.38%	-36.02%	+18.64%
Max Drawdown (5Y) Largest decline over 5 years	-36.61%	-63.60%	+26.99%
Max Drawdown (10Y) Largest decline over 10 years	-82.68%	-84.25%	+1.57%
Current Drawdown Current decline from peak	-9.41%	-4.98%	-4.43%
Average Drawdown Average peak-to-trough decline	-15.37%	-43.79%	+28.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.89%	14.38%	-9.49%

Volatility

DKL vs. DK - Volatility Comparison

The current volatility for Delek Logistics Partners, LP (DKL) is 7.28%, while Delek US Holdings, Inc. (DK) has a volatility of 17.97%. This indicates that DKL experiences smaller price fluctuations and is considered to be less risky than DK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DKL	DK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.28%	17.97%	-10.69%
Volatility (6M) Calculated over the trailing 6-month period	18.48%	36.84%	-18.36%
Volatility (1Y) Calculated over the trailing 1-year period	26.35%	61.42%	-35.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.39%	52.43%	-21.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.06%	56.23%	-12.17%

Financials

DKL vs. DK - Profitability Comparison

The chart below illustrates the profitability comparison between Delek Logistics Partners, LP and Delek US Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DKL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Delek Logistics Partners, LP reported a gross profit of 0.00 and revenue of 255.77M. Therefore, the gross margin over that period was 0.0%.

DK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Delek US Holdings, Inc. reported a gross profit of 0.00 and revenue of 2.43B. Therefore, the gross margin over that period was 0.0%.

DKL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Delek Logistics Partners, LP reported an operating income of -146.84M and revenue of 255.77M, resulting in an operating margin of -57.4%.

DK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Delek US Holdings, Inc. reported an operating income of -144.90M and revenue of 2.43B, resulting in an operating margin of -6.0%.

DKL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Delek Logistics Partners, LP reported a net income of 47.29M and revenue of 255.77M, resulting in a net margin of 18.5%.

DK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Delek US Holdings, Inc. reported a net income of 78.30M and revenue of 2.43B, resulting in a net margin of 3.2%.