HF Sinclair Corp
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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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.
FY2025 · Filed Feb 27, 2026
DINO$99.76+2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In millions, except share data)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $978 | $800 |
| Accounts receivable, net: Product and transportation | 1,033 | 1,074 |
| Crude oil resales | 103 | 177 |
| 1,136 | 1,251 | |
| Inventories: Crude oil and refined products (Note 9) | 2,214 | 2,495 |
| Materials, supplies and other | 359 | 303 |
| 2,573 | 2,798 | |
| Income taxes receivable (Note 15) | 47 | 70 |
| Prepayments and other | 78 | 95 |
| Total current assets | 4,812 | 5,014 |
| Properties, plants and equipment, at cost (Note 10) | 11,392 | 10,931 |
| Less: accumulated depreciation | (4,859) | (4,373) |
| 6,533 | 6,558 | |
| Operating lease right-of-use assets (Note 2) | 349 | 355 |
| Other assets: Turnaround costs | 883 | 777 |
| Goodwill (Note 11) | 2,978 | 2,977 |
| Intangibles and other (Note 11) | 955 | 962 |
| 4,816 | 4,716 | |
| Total assets | $16,510 | $16,643 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,902 | $2,236 |
| Income taxes payable (Note 15) | 5 | 3 |
| Operating lease liabilities (Note 2) | 85 | 77 |
| Current debt (Note 13) | — | 350 |
| Accrued liabilities (Note 12) | 493 | 377 |
| Total current liabilities | 2,485 | 3,043 |
| Long-term debt (Note 13) | 2,769 | 2,288 |
| Noncurrent operating lease liabilities (Note 2) | 289 | 301 |
| Deferred income taxes (Note 15) | 1,240 | 1,224 |
| Other long-term liabilities (Note 12) | 478 | 441 |
| Total liabilities | 7,261 | 7,297 |
| Commitments and contingencies (Note 18) | ||
| Equity: | ||
| HF Sinclair stockholders’ equity (Note 16): | ||
| Preferred stock, $1.00 par value – 5,000,000 shares authorized; none issued | — | — |
| Common stock, $0.01 par value – 320,000,000 shares authorized; 223,231,546 shares issued as of December 31, 2025 and December 31, 2024 | 2 | 2 |
| Additional capital | 6,008 | 5,998 |
| Retained earnings | 5,373 | 5,170 |
| Accumulated other comprehensive loss (Note 17) | (26) | (47) |
| Common stock held in treasury, at cost - 41,443,642 and 34,826,009 shares as of December 31, 2025 and December 31, 2024 | (2,173) | (1,845) |
| Total HF Sinclair stockholders’ equity | 9,184 | 9,278 |
| Noncontrolling interest | 65 | 68 |
| Total equity | 9,249 | 9,346 |
| Total liabilities and equity | $16,510 | $16,643 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.