v3.26.1
Segment Data (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
The following is a summary of business segment operating performance as measured by EBITDA attributable to Delek for the period indicated (in millions):
Three Months Ended June 30, 2026
RefiningLogisticsTotal
Net revenues (excluding intercompany fees and revenues)$3,907.1 $179.9 $4,087.0 
Inter-segment fees and revenues148.9 204.8 353.7 
Total segment revenues$4,056.0 $384.7 $4,440.7 
Elimination of inter-segment revenue(353.7)
Total consolidated revenues$4,087.0 
Cost of materials and other3,348.5 239.0 
Operating expenses156.1 43.4 
General and administrative expenses2.8 3.2 
Proportional EBITDA of equity-method investments(5.8)(20.7)
Other segment items(3)
(1.6)(0.2)
Segment EBITDA attributable to Delek$556.0 $120.0 $676.0 
Reconciling items to net income (loss) attributable to Delek
Corporate expenses, eliminations and other (1)
242.1 
Proportional interest, taxes, depreciation and amortization of equity-method investments6.8 
Depreciation and amortization115.7 
Interest expense, net100.1 
Income tax expense (benefit)41.8 
Net income (loss) attributable to Delek$169.5 
Three Months Ended June 30, 2026
RefiningLogisticsCorporate,
Other and Eliminations		Consolidated
Depreciation and amortization$76.6 $40.2 $(1.1)$115.7 
Interest expense, net$35.3 $47.6 $17.2 $100.1 
Income from equity method investments$(5.2)$(14.5)$— $(19.7)
Capital spending (2)
$54.3 $60.9 $10.3 $125.5 
Three Months Ended June 30, 2025
RefiningLogisticsTotal
Net revenues (excluding intercompany fees and revenues)$2,632.3 $132.3 $2,764.6 
Inter-segment fees and revenues84.5 114.1 198.6 
Total segment revenues$2,716.8 $246.4 $2,963.2 
Elimination of inter-segment revenue(198.6)
Total consolidated revenues$2,764.6 
Cost of materials and other2,478.5 119.3 
Operating expenses150.5 38.2 
General and administrative expenses4.7 8.9 
Proportional EBITDA of equity-method investments(12.9)(17.0)
Other segment items(3)
(0.3)0.4 
Segment EBITDA attributable to Delek$96.3 $96.6 $192.9 
Reconciling items to net income (loss) attributable to Delek
Corporate expenses, eliminations and other (1)
125.7 
Proportional interest, taxes, depreciation and amortization of equity-method investments7.7 
Depreciation and amortization94.1 
Interest expense, net85.9 
Income tax expense (benefit)(14.1)
Net income (loss) attributable to Delek$(106.4)
Three Months Ended June 30, 2025
RefiningLogisticsCorporate,
Other and Eliminations		Consolidated
Depreciation and amortization$66.5 $30.2 $(2.6)$94.1 
Interest expense, net$43.0 $18.1 $24.8 $85.9 
Income from equity method investments$(11.7)$(10.5)$— $(22.2)
Capital spending (2)
$40.3 $119.2 $4.5 $164.0 
Six Months Ended June 30, 2026
RefiningLogisticsTotal
Net revenues (excluding intercompany fees and revenues)$6,429.4 $310.7 $6,740.1 
Inter-segment fees and revenues257.1 371.5 628.6 
Total segment revenues$6,686.5 $682.2 $7,368.7 
Elimination of inter-segment revenue(628.6)
Total consolidated revenues$6,740.1 
Cost of materials and other5,750.3 407.6 
Operating expenses306.3 90.4 
General and administrative expenses6.4 7.5 
Proportional EBITDA of equity-method investments(9.4)(39.0)
Other segment items(3)
(2.3)0.8 
Segment EBITDA attributable to Delek$635.2 $214.9 $850.1 
Reconciling items to net income (loss) attributable to Delek
Corporate expenses, eliminations and other (1)
480.6 
Proportional interest, taxes, depreciation and amortization of equity-method investments14.1 
Depreciation and amortization219.0 
Interest expense, net184.6 
Income tax expense (benefit)(16.4)
Net income (loss) attributable to Delek$(31.8)
Six Months Ended June 30, 2026
RefiningLogisticsCorporate,
Other and Eliminations		Consolidated
Depreciation and amortization$141.9 $79.7 $(2.6)$219.0 
Interest expense, net$84.3 $66.9 $33.4 $184.6 
Income from equity method investments$(8.2)$(26.1)$— $(34.3)
Capital spending (2)
$226.2 $110.7 $20.1 $357.0 
Six Months Ended June 30, 2025
RefiningLogisticsTotal
Net revenues (excluding intercompany fees and revenues)$5,150.6 $255.9 $5,406.5 
Inter-segment fees and revenues174.5 240.4 414.9 
Total segment revenues$5,325.1 $496.3 $5,821.4 
Elimination of inter-segment revenue(414.9)
Total consolidated revenues$5,406.5 
Cost of materials and other4,949.4 248.4 
Operating expenses308.6 79.1 
General and administrative expenses6.8 17.8 
Proportional EBITDA of equity-method investments(16.8)(33.9)
Other segment items(3)
(3.4)(3.9)
Segment EBITDA attributable to Delek$80.5 $188.8 $269.3 
Reconciling items to net income (loss) attributable to Delek
Corporate expenses, eliminations and other (1)
219.1 
Proportional interest, taxes, depreciation and amortization of equity-method investments14.8 
Depreciation and amortization195.4 
Interest expense, net170.0 
Income tax expense (benefit)(50.9)
Net income (loss) attributable to Delek$(279.1)
Six Months Ended June 30, 2025
RefiningLogisticsCorporate,
Other and Eliminations		Consolidated
Depreciation and amortization$138.4 $61.1 $(4.1)$195.4 
Interest expense, net$79.1 $36.7 $54.2 $170.0 
Income from equity method investments$(15.2)$(20.7)$0.4 $(35.5)
Capital spending (excluding business combinations) (2)
$96.5 $191.1 $9.0 $296.6 
(1) Corporate expenses, eliminations and other represents corporate costs that are not allocated to the operating segments, inter-segment cost eliminations, and other unallocated shared service functions. Corporate expenses also include certain gains or losses resulting from changes in fair value due to price movements in credits used to satisfy our environmental credit obligations. “Corporate expenses, eliminations and other” are included in the tables above to reconcile total Segment EBITDA attributable to Delek to the Company’s net income (loss) attributable to Delek.
(2) Capital spending includes additions on an accrual basis.
(3) Other segment items include other operating (income) expense, net, and other (income) expense, net.