Delek Logistics Partners, LP (DKL) Valuation — DCF, Graham & Comparables

Delek Logistics Partners, LP (DKL) — Price $56.08 (closing price, October 30, 2026) — Energy — Oil & Gas Midstream — NYSE

Latest reported results:

Valuation dashboard for Delek Logistics Partners, LP (DKL) with P/E 19.54, P/B -43.04, EV/EBITDA 12.1 and dividend yield 8.04%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Energy companies.

Delek Logistics Partners, LP (DKL) manages and operates a diverse portfolio of logistics and marketing assets for crude oil, intermediate, and refined petroleum products throughout the United States. The company's operations are structured into three primary segments: Pipelines and Transportation, Wholesale Marketing and Terminalling, and Investments in Pipeline Joint Ventures.

What would it be worth at its usual multiples?

Versus its usual multiples: expensive · Current P/E 19.5× · Multiples range: $37.63 · $44.40.

At the decade median (13.1×) $38 (-33 %); at its sector median (15.5×) $44 (-21 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

Delek Logistics Partners, LP reported revenue of $1.01B in the most recent fiscal year, growing at a 5-year CAGR of 12.5%. Net income reached $176.5M, with a 2.1% 5-year CAGR.

Trailing-twelve-month margins: gross margin 17.3%, operating margin 15.3%, net margin 12.8%.

At $56.08 (closing price, October 30, 2026), DKL trades at a P/E of 19.54 and an ROE of -9.36%. Market capitalisation stands at $3.2B.

Balance sheet quality for DKL: debt-to-equity ratio of -34.75, current ratio of 0.96 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio19.54
Price / Book-43.04
EV / EBITDA12.1
Dividend Yield8.04%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
DKLDelek Logistics Partners, LP$3.2B19.54-9.4%
PTENPatterson-UTI Energy, Inc.$5.1B1.65-0.8%
TRMDTORM plc$4.4B7.111.7027.0%
TDWTidewater Inc.$4.3B17.663.1218.7%
INSWInternational Seaways, Inc.$5.7B7.162.4537.0%
OIIOceaneering International, Inc.$4.1B12.423.3729.0%
KNTKKinetik Holdings Inc.$4.6B20.51-36.7%
DHTDHT Holdings, Inc.$4.0B8.513.0339.6%

Price

Price$56.08 (closing price, October 30, 2026)
Market Cap$3.2B
ExchangeNYSE
CountryUS

Profitability

Return on Equity-935.80%
Return on Invested Capital7.68%
Return on Assets5.37%
Gross Margin17.34%
Operating Margin15.34%
Net Margin12.85%

Related companies: PTEN · TRMD · TDW · INSW · OII · KNTK · DHT · TNK

Explore sector: Energy · Oil & Gas Midstream

More sections of DKL: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks