HF Sinclair Corporation

DINO ·Energy, Oil & Gas Midstream, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020
Revenue $26.87B $28.58B $31.96B $38.21B $18.39B $11.18B
Cost of Revenue $24.57B $27.02B $25.78B $30.68B $15.57B $9.16B
Gross Profit $2.30B $1.56B $6.18B $7.52B $2.82B $2.02B
Gross Margin 8.6% 5.4% 19.3% 19.7% 15.3% 18.1%
Operating Expenses
Research & Development — — — — — —
SG&A Expense $456.0M $447.0M $497.0M $427.0M $362.0M $313.6M
Operating Income $927.0M $261.0M $2.20B $4.05B $749.2M $-733.7M
Operating Margin 3.5% 0.9% 6.9% 10.6% 4.1% -6.6%
Interest Expense — — $190.8M $175.6M $125.2M $126.5M
Pretax Income $732.0M $218.0M $2.15B $3.94B $787.2M $-747.0M
Income Tax Expense $146.0M $34.0M $442.0M $895.0M $123.9M $-232.1M
Net Income $579.0M $177.0M $1.59B $2.92B $558.3M $-601.4M
Net Margin 2.2% 0.6% 5.0% 7.7% 3.0% -5.4%
EPS (Basic) $3.08 $0.91 $8.29 $14.28 $3.39 $-3.72
EPS (Diluted) $3.08 $0.91 $8.29 $14.28 $3.39 $-3.72
Shares Outstanding (Basic) 186.5M 192.1M 190.0M 202.6M 162.6M 162.0M
Shares Outstanding (Diluted) 186.5M 192.1M 190.0M 202.6M 162.6M 162.0M
Dividends Per Share $2.00 $2.00 $1.80 $1.20 $0.35 $1.40