Company: DK
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001694426-25-000112
Chunk: 129

Company: Delek US Holdings, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 2
Chunk 129
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$21.3 $(49.2)$(71.3)$(8.0)Add back (items included in cost of sales): Operating expenses (excluding depreciation and amortization)150.5 148.6 308.6 314.4 Depreciation and amortization66.5 57.4 138.4 118.8 Refining margin$238.3 $156.8 $375.7 $425.2 

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Management's Discussion and Analysis

Summary Financial and Other Information

The following table provides summary financial data for Delek (in millions):

Summary Statement of Operations Data (1)Three Months Ended June 30,Six Months Ended June 30,2025202420252024Net revenues$2,764.6 $3,308.1 $5,406.5 $6,436.1 Cost of sales: Cost of materials and other2,415.0 3,025.5 4,814.5 5,758.4 Operating expenses (excluding depreciation and amortization presented below)209.8 185.1 420.9 398.9 Depreciation and amortization87.6 80.7 182.6 167.1 Total cost of sales2,712.4 3,291.3 5,418.0 6,324.4 Operating expenses related to wholesale business (excluding depreciation and amortization presented below)2.2 0.9 3.5 2.0 General and administrative expenses76.6 60.2 138.1 121.2 Depreciation and amortization6.5 7.7 12.8 13.0 Asset impairment— 22.1 — 22.1 Other operating expense (income), net0.4 (78.7)(6.6)(80.4)Total operating costs and expenses2,798.1 3,303.5 5,565.8 6,402.3 Operating (loss) income(33.5)4.6 (159.3)33.8 Interest expense, net85.9 77.6 170.0 165.3 Income from equity method investments(22.2)(30.4)(35.5)(52.3)Other expense (income), net6.2