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

$113.97+1.72(0.02%)Pre-market

Market Cap

$20.92B

P/E

10.9x

P/S

0.7x

P/B

2.0x

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

GoodMetricSide Score: 72/100

Strongest: Cash & Earnings Quality (22/25); weakest: Growth (14/25).

Profitability18/25

Growth14/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality22/25

Strengths

Rising free cash flowHigh ROERising earningsLow leverage

Valuation vs. 5-year range

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

P/E · 10.9x5y range 3.1x – 57.2x

Currently near its 14-quarter median.

P/S · 0.7x5y range 0.2x – 0.7x

Currently above its 14-quarter median.

P/B · 2.0x5y range 0.7x – 2.0x

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.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $20.92B

Metrics at a Glance

as of June 2026

Revenue & Profit

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

TTM Revenue: $31.23B
Q. Revenue: $10.39B
TTM EBITDA: $3.50B
TTM Op. Income: $2.59B
Q. Op. Income: $1.17B
TTM Net Income: $1.92B
Q. Net Income: $892.00M
EPS: $4.93
Shares Out.: $179.42M

$31.23B in TTM revenue declined 7.8% YoY, reaching $10.39B last quarter. TTM EBITDA of $3.50B and TTM operating income of $2.59B show growth is flowing through to the bottom line. TTM net income of $1.92B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 15.1%
EBITDA Margin: 13.4%
Op. Margin: 11.2%
Net Margin: 8.6%

Op. margin of 11.2% is up 7.2% YoY — cost efficiency is improving. Net margin at 8.6% and gross margin of 15.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 177% — a weakening trend.

Price Ratios

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

P/E Ratio: 10.9x
P/S Ratio: 0.7x
P/B Ratio: 2.0x

At 10.9x P/E, the stock trades below typical market levels. P/S of 0.7x and P/B of 2.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 68% — a weakening trend.

Assets & Liabilities

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

Total Assets: $18.99B
Cash: $2.26B
Long-Term Debt: $2.77B
Book Value: $10.29B
D/E Ratio: 0.3
Debt/EBITDA: 2.0

With $18.99B in assets and $2.77B in long-term debt, D/E is 0.3and book value is $10.29B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

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

Op. Cash Flow: $1.51B
TTM Free Cash Flow: $2.31B
FCF Margin: 7.4%
FCF / Net Income: 1.2

TTM FCF of $2.31B on $1.51B in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 5 consecutive quarters — an improving trend.