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HF Sinclair Corp (DINO) financial health, profit and balance sheet · Scorvest

DINO · NYSE · United States · Pipe Lines (No Natural Gas)

HF Sinclair Corp

Dallas, TX · Fiscal year ends in December · Figures in USD

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In shortHF Sinclair Corp is profitable, generates cash and carries moderate debt, with revenue shrinking (−6.0% last year).

Financial health

Mixed

Built from five areas over the last five annual reports. Tap an area to see the figures behind it.

How is this score calculated? →

Profitability32

Operating marginShare of each sale left after running the business, before interest and tax.	3.5%	28/100
Net marginShare of each sale left as profit after every cost, interest and tax.	2.2%	29/100
Return on equityProfit earned on the money shareholders put in. Above 15% is strong.	6.3%	31/100
Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge.	6.2%	41/100

Weight in the score: 25%

Balance sheet73

Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash.	1.94×	95/100
Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted.	0.30×	94/100
Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable.	0.98×	86/100
Interest coverageHow many times operating profit covers interest. Below 2 is risky.	4.27×	26/100
Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress.	3.69	66/100

Weight in the score: 25%

Cash generation69

Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt.	3.2%	33/100
Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy.	1.50×	100/100
Years with positive free cash flow (last 5)	4 of 5	75/100

Weight in the score: 20%

Stability44
Profitable years (last 5) 5 of 5 100/100
Years of revenue decline (last 5) 3 of 5 0/100
Revenue growth volatility 55.4% 0/100
Operating margin volatility 3.7% 75/100
Weight in the score: 20%
Growth0
Revenue growth, 3-year average -11.1% 0/100
EPS growth, 3-year average -40.0% 0/100
Weight in the score: 10%

Profitable years (last 5)	5 of 5	100/100
Years of revenue decline (last 5)	3 of 5	0/100
Revenue growth volatility	55.4%	0/100
Operating margin volatility	3.7%	75/100

Revenue growth, 3-year average	-11.1%	0/100
EPS growth, 3-year average	-40.0%	0/100

Fiscal year 2025 · change vs prior year

Revenue: $26.9B; ▼ 6.0%
Net income: $579.0M; ▲ 227.1%
Free cash flow: $866.0M; ▲ 35.3%
Operating margin: 3.5%; +2.5 pts
Cash & investments: $978.0M; –
Total debt: $2.8B; ▲ 5.0%
Diluted EPS: $3.08; ▲ 238.5%
Return on equity: 6.3%; –

Trends

Annual figures as reported. Hover a bar or point for the exact value.

1 older year available with the 10-year history. Essential plan, from €8.25/month →

Revenue and net income

RevenueNet income

Margins

Statements

The last 5 fiscal years from the company's annual reports.

USD millions; negative values in parentheses.

Fiscal year	FY21	FY22	FY23	FY24	FY25
Revenue	18,389	38,205	31,964	28,580	26,869
Cost of revenue	15,567	30,680	25,784	–	–
Gross profit	2,822	7,525	6,180	–	–
Selling, general & admin	362	427	497	447	456
Operating income	749	4,054	2,203	261	927
Interest expense	125	176	191	165	217
Pre-tax income	787	3,936	2,153	218	732
Income tax	124	895	442	34	146
Net income	558	2,923	1,590	177	579
Diluted EPS	$3.39	$14.28	$8.29	$0.91	$3.08
Diluted shares (millions)	163	203	190	192	186

1 older year available with the 10-year history. Essential plan, from €8.25/month →

Quarterly results

The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.

The last 8 quarters of HF Sinclair Corp are included in the Investor plan. Try free for 7 days →

Risk checks

Altman Z'' score

3.69 Safe zone

Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.

Piotroski F-score

6/9

Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.

Positive net income: passed
Positive operating cash flow: passed
Return on assets improved: passed
Cash flow exceeds net income: passed
Long-term debt ratio fell: failed
Current ratio improved: passed
No share dilution: passed
Gross margin improved: not available
Asset turnover improved: failed

Sources

10-QPeriod ending Jun 30, 2026Filed Jul 30, 2026Open the report ↗
10-QPeriod ending Mar 31, 2026Filed May 1, 2026Open the report ↗
10-KPeriod ending Dec 31, 2025Filed Feb 27, 2026Open the report ↗
10-QPeriod ending Sep 30, 2025Filed Oct 30, 2025Open the report ↗
10-QPeriod ending Jun 30, 2025Filed Jul 31, 2025Open the report ↗
10-QPeriod ending Mar 31, 2025Filed May 1, 2025Open the report ↗
10-KPeriod ending Dec 31, 2024Filed Feb 20, 2025Open the report ↗
10-QPeriod ending Sep 30, 2024Filed Oct 31, 2024Open the report ↗