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HF Sinclair DINO Inventory Write Down

Inventory Write Down at other companies

Arrow Electronics logo
Arrow ElectronicsARW
$50.4M
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Best BuyBBY
$4.25M+383%
Corvex
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Corvex MOVE
$175K
Constellation Brands logo
Constellation BrandsSTZ
$1.5M
RPM International logo
RPM InternationalRPM
$500K-97.7%
Flowserve logo
FlowserveFLS
$7.7M-54.4%

Segments

By segment

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Refining-$604M-421%
Renewables-$68M-6,700%
Lubricants & Specialties$0
Midstream$0

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:InventoryWriteDown.

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 inventory write down?
HF Sinclair (DINO) reported inventory write down of -$672M in Q1 2026.
How has HF Sinclair's inventory write down changed year-over-year?
HF Sinclair's inventory write down decreased by 474.4% year-over-year, from -$117M to -$672M.
What is the long-term trend for HF Sinclair's inventory write down?
Over 4 years (2021 to 2025), HF Sinclair's inventory write down has grown at a 6.9% compound annual growth rate (CAGR), from -$318.86M to $417M.
What does inventory write down mean?
The expense recognized when the market value of inventory falls below its original production or purchase cost.
How do you interpret inventory write down?
An increase in write-downs signals deteriorating market conditions or inventory obsolescence, while a decrease suggests stable or rising product prices.
How does inventory write down compare across companies?
Standard accounting practice for commodity-heavy industries; peers often disclose this within Cost of Goods Sold or as a separate line item.