HF Sinclair (DINO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

HF Sinclair

NYSE•Energy•Oil & Gas Refining & Marketing

$111.96-2.25(-0.02%)Pre-market

Market Cap

$19.64B

P/E

5.6x

P/S

0.6x

P/B

1.7x

HF Sinclair Corporation operates as an independent energy company in the United States. It operates through five segments: Refining, Renewables, Marketing, Lubricants & Specialties, and Midstream. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, commodity and modified asphalt products, and others. It also owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington, and Utah, as well as markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states. In addition, the company supplies fuels to 1,700 branded stations and licenses the use of the Sinclair brand at approximately 350 additional locations, as well as provision of other marketing activities. Further, the company produces base oils and other specialized lubricants; and provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum sector. Additionally, it offers hydrocarbon chemicals, including white oils, petrolatums, and waxes. The company also exports its products. HF Sinclair Corporation was incorporated in 1947 and is headquartered in Dallas, Texas.

How this company scores

ExcellentMetricSide Score: 89/100

Strongest: Profitability (23/25); weakest: Balance Sheet & Red Flags (21/25).

Profitability23/25

Growth23/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality22/25

Strengths

Growing revenueRising free cash flowHigh ROERising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 5.6x5y range 3.1x – 36.4x

Currently near its 14-quarter median.

P/S · 0.6x5y range 0.2x – 0.6x

Currently above its 16-quarter median.

P/B · 1.7x5y range 0.7x – 1.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Cash Burn

Watch

FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $19.64B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $34.83B
Q. Revenue: $10.86B
TTM EBITDA: $5.66B
TTM Op. Income: $4.69B
Q. Op. Income: $2.67B
TTM Net Income: $3.53B
Q. Net Income: $2.02B
EPS: $11.38
Shares Out.: $175.87M

$34.83B in TTM revenue grew 29.5% YoY, reaching $10.86B last quarter. TTM EBITDA of $5.66B and TTM operating income of $4.69B show growth is flowing through to the bottom line. TTM net income of $3.53B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 29.0%
EBITDA Margin: 27.2%
Op. Margin: 24.6%
Net Margin: 18.6%

Op. margin of 24.6% is up 16.8% YoY — cost efficiency is improving. Net margin at 18.6% and gross margin of 29.0% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 216% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 5.6x
P/S Ratio: 0.6x
P/B Ratio: 1.7x

At 5.6x P/E, the stock trades below typical market levels. P/S of 0.6x and P/B of 1.7x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 6 quarters, P/E has fallen for 5 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $20.70B
Cash: $3.33B
Long-Term Debt: $2.77B
Book Value: $11.72B
D/E Ratio: 0.2
Debt/EBITDA: 0.9

With $20.70B in assets and $2.77B in long-term debt, D/E is 0.2and book value is $11.72B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 3 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $1.78B
TTM Free Cash Flow: $3.27B
FCF Margin: 9.4%
FCF / Net Income: 0.9

TTM FCF of $3.27B on $1.78B in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 6 consecutive quarters — an improving trend.