Delek Logistics Partners LP

For the period ended Dec 31, 2024. Filed Feb 26, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 26, 2025

DKL$53.25+0.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Income and Comprehensive Income

(In thousands, except unit and per unit data)

	Year Ended December 31,
	2024	2023	2022
Net revenues
Affiliate (1)	$517,782	$563,803	$479,411
Third party	422,854	456,606	556,996
Net revenues	940,636	1,020,409	1,036,407
Cost of sales:
Cost of materials and other - affiliate (1)	349,321	396,333	496,184
Cost of materials and other - third party	134,414	136,294	145,179
Operating expenses (excluding depreciation and amortization presented below)	122,020	115,682	85,438
Depreciation and amortization	91,135	87,136	60,210
Total cost of sales	696,890	735,445	787,011
Operating expenses related to wholesale business (excluding depreciation and amortization presented below)	714	2,419	2,869
General and administrative expenses	35,944	24,766	34,181
Depreciation and amortization	5,240	5,248	2,778
Impairment of goodwill	—	14,848	—
Other operating income, net	(978)	(1,266)	(114)
Total operating costs and expenses	737,810	781,460	826,725
Operating income	202,826	238,949	209,682
Interest income	(47,792)	—	—
Interest expense	150,960	143,244	82,304
Income from equity method investments	(43,301)	(31,433)	(31,683)
Other income, net	(205)	(303)	(373)
Total non-operating expenses, net	59,662	111,508	50,248
Income before income tax expense	143,164	127,441	159,434
Income tax expense	479	1,205	382
Net income	142,685	126,236	159,052
Comprehensive income	142,685	126,236	159,052
Less: Preferred unitholder's interest in net income	768	—	$—
Net income attributable to limited partners	$141,917	$126,236	$159,052
Net income per limited partner unit:
Basic	$2.99	$2.90	$3.66
Diluted	$2.99	$2.89	$3.66
Weighted average limited partner units outstanding:
Basic	47,452,138	43,583,938	43,487,910
Diluted	47,479,248	43,611,314	43,511,650

(1)See Note 4 for a description of our material affiliate revenue and purchases transactions.

F-6 |

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.