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Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
HF Sinclair Corporation operates as a prominent independent energy enterprise, engaged in the production and commercialization of a diverse array of petroleum products. Its offerings include conventional fuels such as gasoline, diesel, and jet fuel, alongside its growing renewable diesel segment. The company also specializes in unique lubricants, chemicals, and various types of asphalt.
How they make money
HF Sinclair is an independent energy company that operates through integrated business segments including Refining, Renewables, Marketing, and Midstream. It generates revenue primarily by purchasing crude oil and other feedstocks to produce and market high-value light products such as gasoline, diesel fuel, jet fuel, and renewable diesel, while also providing midstream transportation and storage services.
Products & services
Gasoline, diesel fuel, jet fuel, renewable diesel, asphalt, specialty lubricants, and midstream transportation and storage services.
Brands & revenue mix
Sinclair
Primary retail and marketing brand for fuel products.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
The company does not report significant customer concentration in its 2025 annual report.
Suppliers, materials & equipment
Crude oil suppliers — The company purchases crude oil from various third-party suppliers to feed its refining operations; specific supplier names are not disclosed.Source
Competitors
Phillips 66 — Competes in the refining and marketing of petroleum products.Source
Valero Energy Corporation — Competes in the refining and marketing of petroleum products.Source
Marathon Petroleum Corporation — Competes in the refining and marketing of petroleum products.Source
Strengths
Integrated business model across refining, midstream, and marketingSource
Overall investment score · Quality, value, risk and opportunity
48
Weak
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
64
Fair
Financial Strength
67
Business Quality / Moat
43
Management
94
Growth Quality
56
Risk / Durability
57
Weak Company · Expensive Stock
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
44
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
50/100
Building Historical Record
Model Score 50/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
What we like
•Balance-sheet / debt profile scores strongly
•Recent buyback activity is present
What to watch
•Valuation is a weaker part of the current profile
•Revenue fundamentals are weak
•Asset quality is a weaker factor
Company-specific research
Questions worth answering for DINO
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•Can DINO maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
•Is DINO's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
•Does DINO's balance between cash and debt leave enough flexibility if business conditions weaken?
•What future growth or profitability would be needed to justify DINO's current valuation?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for DINO
Detected from reported data — verify before acting.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on DINO.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Integrated business model across refining, midstream, and marketing.
+Geographic diversity of refining assets.
+Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Oil & Gas Refining & Marketing industry.
−Volatility in crude oil and refined product prices.
−Regulatory and environmental compliance costs.
−Operational risks associated with refining facilities.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Wall Street Score
Weak48/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Strong
78
Debt Cost6.7%
Debt Reduction YoY-4.3%
Debt / Equity0.35x
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Revenue
Weak
44
Revenue YoY16.2%
Revenue CAGR-8.3%
Net Margin6.1%
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Asset
Weak
42
Asset Growth YoY0.5%
Liquidation/Share$55.51
Net Assets/MCap0.85x
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Capital
Strong
77
Earnings Yield10.0%
Buyback Yield4.5%
Debt Cost6.7%
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Management
Elite
94
ROIC6.9%
ROE18.6%
ROA10.1%
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Moat
Weak
43
EPS Growth47.5%
FCF/Share Growth10.7%
Rev/Share Growth3.4%
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Valuation
Poor
26
Intrinsic Value$89.50
Value Reference$53.70
MOS-35.9%
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Buffett
Fair
58
Revenue44
Moat43
Valuation26
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MOS
Poor
0
MOS %-35.9%
Value Reference$53.70
Deep Discount Reference$35.80
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Financial
Weak
44
Interest Coverage4.3x
ROIC6.9%
FCF Yield4.5%
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Master
Fair
53
Financial44
Valuation26
Debt78
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Resilience
Fair
60
Survival Years3.1 yrs
Current Ratio1.94x
FCF Margin3.2%
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Score Changes
7 historical score records available
Previous Score
47
Sep 21, 2026
Change
+0.7
points
Current Score
48
Oct 1, 2026
Category Changes
Revenue+1.5
Debt0
Assets+1.5
Capital+4.0
Management0
Moat0
Valuation0
Buffett+0.6
DINO increased 0.7 points because Capital improved by 4 points.
Positive Contributors
+ Capital improved by 4 points
Projected Score
Projected Score
59
Projected Change
+10.8 points
Preliminary comparable-period financial changes suggest improvement of approximately 10.8 points. This is a projected estimate, not the official WallStreetScore.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
$31.23B
$26.87B
$28.58B
$31.96B
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Cost of Revenue
$27.24B
$25.48B
$25.37B
$26.83B
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Gross Profit
$3.99B
$1.39B
$3.21B
$5.14B
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Research & Development
$0.00
$0.00
$0.00
$0.00
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SG&A Expenses
$483.0M
$456.0M
$447.0M
$498.2M
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Operating Expenses
$1.31B
$456.0M
$2.95B
$2.94B
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EBITDA
$3.63B
$1.86B
$1.22B
$3.12B
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Operating Income
$2.68B
$936.0M
$261.0M
$2.20B
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Interest Expense
$189.0M
$217.0M
$165.0M
$190.8M
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Income Before Tax
$2.50B
$732.0M
$218.0M
$2.15B
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Income Tax Expense
$579.0M
$146.0M
$34.0M
$441.6M
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Net Income
$1.92B
$579.0M
$177.0M
$1.59B
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Basic EPS
$10.53
$3.11
$0.91
$8.29
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Basic Shares
179M
186M
192M
190M
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Diluted Shares
179M
186M
192M
190M
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Upgrade to Premium for up to 10 annual periods, where available.
Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026
Revenue
$10.39B
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$4.97
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-10.5%
Cash Change
+158.8%
Margin Change
+5.5 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Margins expanded
Cash position grew
Debt reduced
Potential Score Impact
Positive indicators included revenue growth, EPS growth, cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 53.2%. EPS increased 351.8%. Cash increased 158.8%. Total debt declined 10.5%. Net income margin improved by 5.5 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Upgrade to Premium to unlock all earnings history.View plans
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.