Delek US Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
DK$62.64-3.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net revenues | $11,852.2 | $16,467.2 | $19,801.0 |
| Cost of sales: | |||
| Cost of materials and other | 10,781.8 | 14,825.3 | 18,071.4 |
| Operating expenses (excluding depreciation and amortization presented below) | 763.8 | 770.6 | 718.1 |
| Depreciation and amortization | 349.7 | 322.8 | 263.8 |
| Total cost of sales | 11,895.3 | 15,918.7 | 19,053.3 |
| Insurance proceeds | (20.6) | (20.3) | (31.2) |
| Operating expenses related to wholesale business (excluding depreciation and amortization presented below) | 3.4 | 4.4 | 8.6 |
| General and administrative expenses | 252.8 | 272.0 | 313.7 |
| Depreciation and amortization | 24.8 | 16.7 | 11.2 |
| Asset impairment | 243.5 | 37.9 | — |
| Other operating income, net | (55.5) | (6.9) | (12.1) |
| Total operating costs and expenses | 12,343.7 | 16,222.5 | 19,343.5 |
| Operating (loss) income | (491.5) | 244.7 | 457.5 |
| Interest expense, net | 313.0 | 318.0 | 195.8 |
| Income from equity method investments | (92.2) | (86.2) | (57.7) |
| Other income, net | (6.3) | (3.7) | (2.4) |
| Total non-operating expense, net | 214.5 | 228.1 | 135.7 |
| (Loss) income from continuing operations before income tax (benefit) expense | (706.0) | 16.6 | 321.8 |
| Income tax (benefit) expense | (107.9) | (3.0) | 56.4 |
| (Loss) income from continuing operations, net of tax | (598.1) | 19.6 | 265.4 |
| Discontinued operations: | |||
| Income from discontinued operations, including gain on sale of discontinued operations | 105.9 | 35.2 | 32.6 |
| Income tax expense | 28.7 | 8.1 | 7.5 |
| Income from discontinued operations, net of tax | 77.2 | 27.1 | 25.1 |
| Net (loss) income | (520.9) | 46.7 | 290.5 |
| Non-controlling interests | 39.5 | 26.9 | 33.4 |
| Net (loss) income attributable to Delek | $(560.4) | $19.8 | $257.1 |
| Basic (loss) income per share: | |||
| (Loss) income from continuing operations | $(9.98) | $(0.11) | $3.28 |
| Income from discontinued operations | 1.21 | 0.41 | 0.35 |
| Total basic (loss) income per share | $(8.77) | $0.30 | $3.63 |
| Diluted (loss) income per share: | |||
| (Loss) income from continuing operations | $(9.98) | $(0.11) | $3.24 |
| Income from discontinued operations | 1.21 | 0.41 | 0.35 |
| Total diluted (loss) income per share | $(8.77) | $0.30 | $3.59 |
| Weighted average common shares outstanding: | |||
| Basic | 63,882,219 | 65,406,089 | 70,789,458 |
| Diluted | 63,882,219 | 65,406,089 | 71,516,361 |
F-6 |
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