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HF Sinclair DINO Corporate and Other — Operating Expenses

Discontinued — last reported Q4 '20

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EFCCorporate and Other — Operating Expenses
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IRCorporate Non — Operating Expenses
$2.5M-69.5%
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SWKCorporate Segment — Cost, Overhead
$62.8M+25.3%
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$20M-13.0%
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ALLECorporate Non — Operating Expenses
$22.2M+23.3%

Other financials

Income statement

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Revenue$7.1B+11.8%
Gross profit$1.2B+187%
Operating income$847.0M+946%
Net income$648.0M+16,300%
EPS (diluted)$3.56+17,900%

Balance sheet

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Cash & equivalents$1.1B+110%
Total debt$3.3B+4.1%
Total equity$9.7B+5.2%
Total assets$18.2B+9.9%

Cash flow

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Operating cash flow$457.0M+613%
CapEx$102.0M+18.6%
Free cash flow$355.0M+303%

Valuation

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Market cap$11.63B+81.6%
Enterprise value$13.73B+52.2%
P/E9.2×
P/S0.4×+0.3×

Profitability

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Gross margin11.1%+8.6pp
Operating margin6.1%
Net margin4.6%
FCF margin3.6%-4.2pp

Returns & leverage

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Return on equity13.4%
Debt / equity0.3×0.0×
Current ratio1.8×-0.1×

Where this comes from

Reported directly by HF Sinclair in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The official record: HF Sinclair’s 10-K, filed February 28, 2023, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate and other — operating expenses mean?
The general administrative and overhead costs required to run the corporate headquarters and support functions.
How do you interpret corporate and other — operating expenses?
An increase may indicate rising administrative overhead or corporate expansion, whereas a decrease suggests improved cost-efficiency or successful corporate restructuring efforts.
How does corporate and other — operating expenses compare across companies?
Most integrated energy companies report similar corporate overhead figures, which are typically evaluated as a percentage of total revenue or operating income to gauge administrative efficiency.