v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Sales and other revenues (Note 3) $ 10,390 $ 6,784 $ 17,513 $ 13,154
Cost of sales:        
Cost of materials and other [1],[2] 8,133 5,440 14,113 10,916
Lower of cost or market inventory valuation adjustments (Note 9) [1] 30 148 (642) 31
Operating expenses [1] 654 572 1,278 1,168
Total cost of sales [1] 8,817 6,160 14,749 12,115
Selling, general and administrative expenses [1] 130 114 245 218
Depreciation and amortization 228 226 457 451
Other operating expenses, net (Note 4) 47 9 47 14
Total operating costs and expenses 9,222 6,509 15,498 12,798
Income (loss) from operations 1,168 275 2,015 356
Other income (expense):        
Earnings of equity method investments 6 10 14 21
Interest income 15 7 25 16
Interest expense (20) (53) (61) (102)
Other income (expense), net 3 7 18 (46)
Total other income (expense) 4 (29) (4) (111)
Income before income taxes 1,172 246 2,011 245
Income tax expense (Note 11):        
Current 249 32 345 32
Deferred 30 4 123 5
Total income tax expense 279 36 468 37
Net income 893 210 1,543 208
Less: net income attributable to noncontrolling interests 1 2 3 4
Net income attributable to HF Sinclair stockholders $ 892 $ 208 $ 1,540 $ 204
Earnings per share attributable to HF Sinclair stockholders:        
Basic (in USD per share) $ 4.93 $ 1.10 $ 8.48 $ 1.07
Diluted (in USD per share) $ 4.93 $ 1.10 $ 8.48 $ 1.07
Average number of common shares outstanding (in thousands):        
Basic (in shares) 179,417 188,110 180,032 188,298
Diluted (in shares) 179,417 188,110 180,032 188,298
[1] Exclusive of Depreciation and amortization.
[2] Exclusive of Lower of cost or market inventory valuation adjustments.