In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K/A | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Wholesale Marketing and Terminalling | 588.9 | 413.3 | 312.9 | 405.7 | 504.0 | 416.3 | 325.9 | 458.3 |
Delek US | 479.9 | 419.1 | 379.7 | 261.6 | 240.7 | 155.5 | | |
Pipelines and Transportation | | | | 178.3 | 153.6 | 121.7 | 122.2 | 131.4 |
Sunoco | | | | 84.7 | 104.6 | 48.4 | 47.0 | |
Total revenues [+] | 1,036.4 | 700.9 | 563.4 | 584.0 | 657.6 | 538.1 | 448.1 | 589.7 |
Services | | | | | | | | 437.1 |
Revenue growth [+] | 47.9% | 24.4% | -3.5% | -11.2% | 22.2% | 20.1% | -24.0% | -29.9% |
Wholesale Marketing and Terminalling | 42.5% | 32.1% | -22.9% | -19.5% | 21.1% | 27.8% | -28.9% | -38.9% |
Delek US | 14.5% | 10.4% | 45.1% | 8.7% | 54.8% | | | |
Pipelines and Transportation | | | | 16.1% | 26.2% | -0.4% | -7.0% | 43.8% |
Sunoco | | | | -19.0% | 115.9% | 2.9% | | |
Cost of goods sold [+] | 787.0 | 484.8 | 356.7 | 432.7 | 509.1 | 432.1 | 355.0 | 481.2 |
Cost of product sales | | | | | | | 302.2 | 436.3 |
Maintenance and operations costs | | | | | | | | 44.9 |
Depreciation and amortization | 60.2 | 40.9 | 33.7 | 24.9 | 24.1 | 19.0 | 17.9 | |
Gross profit | 249.4 | 216.1 | 206.7 | 151.3 | 148.5 | 106.0 | 93.1 | 108.4 |
Gross margin | 24.1% | 30.8% | 36.7% | 25.9% | 22.6% | 19.7% | 20.8% | 18.4% |
Selling, general and administrative | 34.2 | 21.5 | 22.6 | 20.8 | 17.2 | 11.8 | 10.3 | 11.4 |
Equity in earnings | 31.7 | 24.6 | 22.7 | 19.8 | 6.2 | 5.0 | -1.2 | -0.6 |
Other operating expenses | 2.8 | 2.3 | 2.4 | 2.8 | 3.7 | 3.1 | 2.3 | |
EBITDA [+] | 304.4 | 257.8 | 238.2 | 172.3 | 158.0 | 115.0 | 97.3 | 96.5 |
EBITDA growth | 18.0% | 8.2% | 38.2% | 9.1% | 37.3% | 18.3% | 0.8% | 2.7% |
EBITDA margin | 29.4% | 36.8% | 42.3% | 29.5% | 24.0% | 21.4% | 21.7% | 16.4% |
Depreciation and amortization | 63.0 | 42.8 | 35.7 | 26.7 | 26.0 | 21.9 | 20.8 | 19.7 |
EBIT [+] | 241.4 | 215.1 | 202.5 | 145.6 | 132.0 | 93.1 | 76.5 | 76.8 |
EBIT growth | 12.2% | 6.2% | 39.0% | 10.3% | 41.7% | 21.8% | -0.4% | -2.7% |
EBIT margin | 23.3% | 30.7% | 35.9% | 24.9% | 20.1% | 17.3% | 17.1% | 13.0% |
Non-recurring items [+] | | | | | | | 0.0 | 0.1 |
Loss (gain) on sale of assets | | | | | | | 0.0 | 0.1 |
Interest expense | 82.3 | 50.2 | 42.9 | 47.3 | 41.3 | 23.9 | 13.6 | 10.7 |
Interest expense | 82.3 | 50.2 | 42.9 | 47.3 | 41.3 | 23.9 | 13.6 | 10.7 |
Other income (expense), net | 0.4 | 0.1 | -0.1 | -0.6 | 0.0 | 0.0 | | |
Pre-tax income | 159.4 | 165.0 | 159.5 | 97.7 | 90.7 | 69.2 | 62.9 | 66.0 |
Income taxes | 0.4 | 0.2 | 0.2 | 1.0 | 0.5 | -0.2 | 0.1 | -0.2 |
Tax rate | 0.2% | 0.1% | 0.1% | 1.0% | 0.6% | | 0.1% | |
Net income | 159.1 | 164.8 | 140.5 | 63.7 | 64.6 | 51.0 | 50.6 | 61.7 |
Net margin | 15.3% | 23.5% | 24.9% | 10.9% | 9.8% | 9.5% | 11.3% | 10.5% |
|
Basic EPS [+] | $3.66 | $3.79 | $4.18 | $2.61 | $2.65 | $2.09 | $2.25 | $5.04 |
Growth | -3.6% | -9.3% | 60.4% | -1.6% | 26.6% | -7.0% | -55.4% | -11.9% |
Diluted EPS [+] | $3.66 | $3.79 | $4.18 | $2.61 | $2.65 | $2.09 | $2.24 | $4.99 |
Growth | -3.6% | -9.3% | 60.4% | -1.6% | 26.7% | -6.8% | -55.1% | -11.8% |
|
Dividends per share [+] | $3.93 | $3.72 | $4.07 | $4.66 | $4.01 | $3.52 | $3.33 | |
Growth | 5.7% | -8.7% | -12.6% | 16.3% | 13.9% | 5.4% | | |
|
Shares outstanding (basic) [+] | 43.5 | 43.4 | 33.6 | 24.4 | 24.4 | 24.3 | 22.5 | 12.2 |
Growth | 0.1% | 29.3% | 37.6% | 0.1% | 0.2% | 8.3% | 83.8% | 0.5% |
Shares outstanding (diluted) [+] | 43.5 | 43.5 | 33.6 | 24.4 | 24.4 | 24.4 | 22.6 | 12.4 |
Growth | 0.1% | 29.4% | 37.6% | 0.1% | 0.1% | 8.1% | 82.6% | 0.4% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |