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HF Sinclair DINO Operating Income

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Segments

By segment

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Refining$514M+1,813%
Renewables$182M+567%
Midstream$86M-4.4%
Lubricants & Specialties$64M+1.6%
Marketing$20M0.0%

Other financials

Income statement

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Revenue$7.1B+11.8%
Gross profit$1.2B+187%
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:OperatingIncomeLoss.

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 operating income?
HF Sinclair (DINO) reported operating income of $847M in Q1 2026.
How has HF Sinclair's operating income changed year-over-year?
HF Sinclair's operating income increased by 945.7% year-over-year, from $81M to $847M.
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?
The profit earned from the company's core business activities before interest and taxes.
How do you interpret operating income?
An increase indicates improved operational performance, higher margins, or better cost management.
How does operating income compare across companies?
Standard measure of operational profitability used by all public companies.