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HF Sinclair DINO Renewables — Earnings (loss) of equity method investments

Discontinued — last reported Q3 '22

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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:IncomeLossFromEquityMethodInvestments.

The official record: HF Sinclair’s 10-Q, filed November 7, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is HF Sinclair's renewables — earnings (loss) of equity method investments?
HF Sinclair (DINO) reported renewables — earnings (loss) of equity method investments of $0 in Q3 2022.
What does renewables — earnings (loss) of equity method investments mean?
The company's proportional share of profits or losses from its non-controlled renewable energy joint ventures and partnerships.
How do you interpret renewables — earnings (loss) of equity method investments?
An increase indicates that the company's strategic renewable partnerships are becoming more profitable, while a decrease suggests underperformance or losses within these joint ventures.
How does renewables — earnings (loss) of equity method investments compare across companies?
Peer companies in the energy sector often report this under 'Equity in Earnings of Unconsolidated Affiliates' or 'Income from Equity Method Investments' within their specific renewable or low-carbon business segments.