Delek US Holdings Inc
For the period ended Mar 31, 2025. Filed May 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 7, 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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Condensed Consolidated Statements of Income
Condensed Consolidated Statements of Income (unaudited)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Net revenues | $2,641.9 | $3,128.0 |
| Cost of sales: | ||
| Cost of materials and other | 2,399.5 | 2,732.9 |
| Operating expenses (excluding depreciation and amortization presented below) | 211.1 | 213.8 |
| Depreciation and amortization | 95.0 | 86.4 |
| Total cost of sales | 2,705.6 | 3,033.1 |
| Operating expenses related to wholesale business (excluding depreciation and amortization presented below) | 1.3 | 1.1 |
| General and administrative expenses | 61.5 | 61.0 |
| Depreciation and amortization | 6.3 | 5.3 |
| Other operating income, net | (7.0) | (1.7) |
| Total operating costs and expenses | 2,767.7 | 3,098.8 |
| Operating (loss) income | (125.8) | 29.2 |
| Interest expense, net | 84.1 | 87.7 |
| Income from equity method investments | (13.3) | (21.9) |
| Other income, net | (1.6) | (0.6) |
| Total non-operating expense, net | 69.2 | 65.2 |
| Loss from continuing operations before income tax benefit | (195.0) | (36.0) |
| Income tax benefit | (36.8) | (7.6) |
| Loss from continuing operations, net of tax | (158.2) | (28.4) |
| Discontinued operations: | ||
| (Loss) income from discontinued operations | (0.4) | 3.6 |
| Income tax (benefit) expense | (0.1) | 0.4 |
| (Loss) income from discontinued operations, net of tax | (0.3) | 3.2 |
| Net loss | (158.5) | (25.2) |
| Net income attributed to non-controlling interests | 14.2 | 7.4 |
| Net loss attributable to Delek | $(172.7) | $(32.6) |
| Basic loss per share: | ||
| Loss from continuing operations | $(2.78) | $(0.56) |
| Income from discontinued operations | — | 0.05 |
| Total basic loss per share | $(2.78) | $(0.51) |
| Diluted loss per share: | ||
| Loss from continuing operations | $(2.78) | $(0.56) |
| Income from discontinued operations | — | 0.05 |
| Total diluted loss per share | $(2.78) | $(0.51) |
| Weighted average common shares outstanding: | ||
| Basic | 62,115,776 | 64,021,988 |
| Diluted | 62,115,776 | 64,021,988 |
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