The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 586,000 | 184,000 | 1,710,895 | 3,041,174 |
| Depreciation and amortization | 909,000 | 832,000 | 770,573 | 656,787 |
| Asset impairments | 3,000 | 17,000 | - | - |
| Goodwill and long-lived asset impairments | - | - | - | 0 |
| Lower of cost or market inventory valuation adjustments | 417,000 | -43,000 | 270,419 | 52,412 |
| Earnings of equity method investments, net of distributions | 1,000 | -1,000 | -8,093 | -19,769 |
| Loss on early extinguishment of debt | -24,000 | 0 | 0 | 604 |
| Gain on sales-type leases | - | - | - | 0 |
| Gain on sale of assets | 2,000 | 2,000 | 6,879 | 2,118 |
| Loss on sale of equity method investment | -47,000 | - | - | - |
| Deferred income tax expense (benefit) | 7,000 | -49,000 | 192,550 | 53,168 |
| Equity-based compensation expense | 33,000 | 23,000 | 41,135 | 30,318 |
| Change in fair value of derivative instruments | -64,000 | 34,000 | -16,555 | -9,989 |
| Accounts receivable | -123,000 | -463,000 | 17,131 | 4,282 |
| Inventories | 171,000 | -138,000 | -30,246 | 224,421 |
| Income taxes receivable | -24,000 | 14,000 | 2,691 | -42,641 |
| Prepayments and other | -2,000 | -11,000 | -8,062 | 40,810 |
| Accounts payable | -345,000 | 25,000 | -108,859 | 194,424 |
| Income taxes payable | 2,000 | -6,000 | 925 | -17,169 |
| Accrued liabilities | 62,000 | -63,000 | -29,619 | 78,349 |
| Turnaround expenditures | -437,000 | -413,000 | -555,697 | -144,759 |
| Other, net | 32,000 | -40,000 | 31,342 | -32,291 |
| Net cash provided by operating activities | 1,315,000 | 1,110,000 | 2,297,235 | 3,777,159 |
| Additions to properties, plants and equipment | 449,000 | 470,000 | 353,451 | 485,043 |
| Additions to properties, plants and equipment-Variable Interest Entity Primary Beneficiary | - | - | 31,962 | 38,964 |
| Acquisitions, net of cash acquired | - | 0 | 0 | 251,448 |
| Investment in equity company | - | - | - | 0 |
| Purchase of precious metals | 72,000 | - | - | - |
| Proceeds from sale of assets | 6,000 | 4,000 | 17,361 | 3,344 |
| Hep investment in osage pipe line company, llc-Variable Interest Entity Primary Beneficiary | - | 8,000 | 7,482 | 13,000 |
| Distributions in excess of equity in earnings of equity investments | - | 6,000 | 4,211 | 10,623 |
| Other, net | 1,000 | - | - | - |
| Net cash used for investing activities | -516,000 | -468,000 | -371,323 | -774,488 |
| Borrowings under credit agreements | 0 | 0 | 60,000 | 510,000 |
| Repayments under credit agreements | 350,000 | 106,000 | 272,500 | 682,000 |
| Proceeds from issuance of senior notes | 1,890,000 | 0 | - | 0 |
| Proceeds from issuance of senior notes hep-Variable Interest Entity Primary Beneficiary | - | - | 0 | 400,000 |
| Redemption of senior notes | - | - | 307,827 | 41,420 |
| Redemption of senior notes-Variable Interest Entity Primary Beneficiary | - | - | - | 0 |
| Redemption of senior notes | 1,416,000 | 0 | - | - |
| Purchase of treasury stock, inclusive of excise tax | 354,000 | 672,000 | 999,282 | 1,371,700 |
| Dividends | 376,000 | 386,000 | 340,736 | 255,928 |
| Distributions to noncontrolling interest | 10,000 | 7,000 | 102,523 | 96,192 |
| Proceeds from financing arrangements | 133,000 | - | - | - |
| Contribution from noncontrolling interests | - | - | 0 | 0 |
| Payments on financing arrangements | 109,000 | - | - | - |
| Payments on finance leases | 11,000 | 11,000 | 11,923 | 11,713 |
| Hep merger transaction consideration-Variable Interest Entity Primary Beneficiary | - | 0 | - | - |
| Hep merger transaction consideration | 0 | - | 267,592 | - |
| Deferred financing costs | 25,000 | 0 | 899 | 9,273 |
| Other, net | -3,000 | 0 | -600 | -2,533 |
| Net cash used for financing activities | -631,000 | -1,182,000 | -2,243,882 | -1,560,759 |
| Effect of exchange rate on cash flow | 10,000 | -14,000 | 6,651 | -11,290 |
| Net change for the period | 178,000 | -554,000 | -311,319 | 1,430,622 |
| Cash and cash equivalents at beginning of period | 800,000 | 1,354,000 | 1,665,066 | 234,444 |
| Cash and cash equivalents at end of period | 978,000 | 800,000 | 1,353,747 | 1,665,066 |
HF Sinclair Corp (DINO)
HF Sinclair Corp (DINO)