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HF Sinclair DINO Operating Income

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Segments

By segment

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Refining$877M+428%
Lubricants & Specialties$181M+484%
Midstream$87M-4.4%
Renewables$30M+850%
Marketing$20M+11.1%

Other financials

Income statement

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Revenue$10.4B+53.2%
Gross profit$1.6B+152%
Net income$892.0M+329%
EPS (diluted)$4.93+348%

Balance sheet

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Cash & equivalents$2.3B+159%
Total debt$3.2B+3.0%
Total equity$10.3B+10.8%
Total assets$19.0B+12.8%

Cash flow

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Operating cash flow$1.5B+157%
CapEx$118.0M+6.3%
Free cash flow$1.4B+192%

Valuation

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Market cap$14.75B+81.9%
Enterprise value$15.73B+51.5%
P/E7.6×
P/S0.5×+0.3×

Profitability

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Gross margin12.9%+10.1pp
Operating margin8.3%
Net margin6.2%
FCF margin3.6%-4.3pp

Returns & leverage

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Return on equity19.9%
Debt / equity0.3×0.0×
Current ratio+0.2×

Where this comes from

Reported directly by HF Sinclair in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: HF Sinclair’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 8:31 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001915657-26-000057
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Depreciation and amortization228226457451
Other operating expenses, net (Note 4)4794714
Total operating costs and expenses9,2226,50915,49812,798
Income from operations1,1682752,015356
Other income (expense):
Earnings of equity method investments6101421
Interest income1572516
Interest expense(20)(53)(61)(102)

Item 1. Financial Statements

FAQ

What is HF Sinclair's operating income?
HF Sinclair (DINO) reported operating income of $1.17B in Q2 2026.
How has HF Sinclair's operating income changed year-over-year?
HF Sinclair's operating income increased by 324.7% year-over-year, from $275M to $1.17B.
What is the long-term trend for HF Sinclair's operating income?
Over 3 years (2021 to 2025), HF Sinclair's operating income has grown at a 6.4% compound annual growth rate (CAGR), from $769.7M to $927M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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