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HF Sinclair DINO Refining — CapEx

Other segment segments

Marketing
$18M+200%
Midstream
$12M+33.3%
Lubricants & Specialties
$6M-40.0%
Renewables
$1M0.0%

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PSXRefining — Capital Expenditures and Investments
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LYBRefining — CapEx
$0-100%
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SUNRefinery — Property, Plant and Equipment, Additions
$6.75M
Marathon Petroleum logo
MPCRefining & Marketing — Capital Expenditures And Investments
$328M-9.4%
LyondellBasell Industries N.V. logo
LYBRefining — CapEx
$10M-54.5%
BG
BGRefined and Specialty Oil Products — CapEx
$85M-20.7%

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:SegmentExpenditureAdditionToLongLivedAssets.

The official record: HF Sinclair’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HF Sinclair's refining — capex?
HF Sinclair (DINO) reported refining — capex of $64M in Q1 2026.
How has HF Sinclair's refining — capex changed year-over-year?
HF Sinclair's refining — capex increased by 10.3% year-over-year, from $58M to $64M.
What is the long-term trend for HF Sinclair's refining — capex?
Over 4 years (2021 to 2025), HF Sinclair's refining — capex has grown at a 15.0% compound annual growth rate (CAGR), from $162.67M to $285M.
What does refining — capex mean?
The amount of money spent on physical assets and infrastructure for the refining business.
How do you interpret refining — capex?
Higher spending may indicate growth initiatives or necessary maintenance, while lower spending could signal capital discipline or aging infrastructure.
How does refining — capex compare across companies?
Standard across energy and industrial sectors as 'Capital Expenditures' or 'CapEx'.