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Side-by-side financial comparison of Delek US Holdings, Inc. (DK) and Lineage, Inc. (LINE). Click either name above to swap in a different company.
Delek US Holdings, Inc. is the larger business by last-quarter revenue ($2.6B vs $1.4B, roughly 1.9× Lineage, Inc.). Lineage, Inc. runs the higher net margin — -7.3% vs -7.7%, a 0.4% gap on every dollar of revenue. On growth, Lineage, Inc. posted the faster year-over-year revenue change (3.1% vs -4.9%).
Delek US Holdings, Inc. is an oil refining, logistics and biofuels company founded in 2001 and headquartered in Brentwood, Tennessee.
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
DK vs LINE — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.6B | $1.4B |
| Net Profit | $-201.3M | $-100.0M |
| Gross Margin | -5.8% | 32.3% |
| Operating Margin | — | 2.5% |
| Net Margin | -7.7% | -7.3% |
| Revenue YoY | -4.9% | 3.1% |
| Net Profit YoY | — | 79.4% |
| EPS (diluted) | $-3.34 | $-0.44 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.9B | $1.4B | ||
| Q2 25 | $2.8B | $1.4B | ||
| Q1 25 | $2.6B | $1.3B | ||
| Q4 24 | $2.4B | $1.3B | ||
| Q3 24 | $3.0B | $1.3B | ||
| Q2 24 | $3.3B | $1.3B |
| Q1 26 | $-201.3M | — | ||
| Q4 25 | $78.3M | — | ||
| Q3 25 | $178.0M | $-100.0M | ||
| Q2 25 | $-106.4M | $-6.0M | ||
| Q1 25 | $-172.7M | $0 | ||
| Q4 24 | $-413.8M | $-71.0M | ||
| Q3 24 | $-76.8M | $-485.0M | ||
| Q2 24 | $-37.2M | $-68.0M |
| Q1 26 | -5.8% | — | ||
| Q4 25 | 9.3% | — | ||
| Q3 25 | 13.8% | 32.3% | ||
| Q2 25 | 1.9% | 31.9% | ||
| Q1 25 | -2.4% | 32.2% | ||
| Q4 24 | -5.7% | 32.3% | ||
| Q3 24 | -0.7% | 32.8% | ||
| Q2 24 | 0.5% | 33.4% |
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | — | ||
| Q3 25 | 10.2% | 2.5% | ||
| Q2 25 | -1.2% | 1.7% | ||
| Q1 25 | -4.8% | 4.3% | ||
| Q4 24 | -17.0% | -1.6% | ||
| Q3 24 | -4.0% | -38.6% | ||
| Q2 24 | 0.1% | 5.5% |
| Q1 26 | -7.7% | — | ||
| Q4 25 | 3.2% | — | ||
| Q3 25 | 6.2% | -7.3% | ||
| Q2 25 | -3.8% | -0.4% | ||
| Q1 25 | -6.5% | — | ||
| Q4 24 | -17.4% | -5.3% | ||
| Q3 24 | -2.5% | -36.3% | ||
| Q2 24 | -1.1% | -5.1% |
| Q1 26 | $-3.34 | — | ||
| Q4 25 | $1.23 | — | ||
| Q3 25 | $2.93 | $-0.44 | ||
| Q2 25 | $-1.76 | $-0.03 | ||
| Q1 25 | $-2.78 | $0.01 | ||
| Q4 24 | $-6.48 | $-0.52 | ||
| Q3 24 | $-1.20 | $-2.44 | ||
| Q2 24 | $-0.58 | $-0.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $624.1M | — |
| Total DebtLower is stronger | $3.2B | — |
| Stockholders' EquityBook value | $302.0M | $8.4B |
| Total Assets | $7.6B | $19.2B |
| Debt / EquityLower = less leverage | 10.54× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $624.1M | — | ||
| Q4 25 | $625.8M | — | ||
| Q3 25 | $630.9M | — | ||
| Q2 25 | $615.5M | — | ||
| Q1 25 | $623.8M | — | ||
| Q4 24 | $735.6M | $173.0M | ||
| Q3 24 | $1.0B | $409.0M | ||
| Q2 24 | $657.9M | $73.0M |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $2.5B | — |
| Q1 26 | $302.0M | — | ||
| Q4 25 | $547.3M | — | ||
| Q3 25 | $444.8M | $8.4B | ||
| Q2 25 | $294.9M | $8.6B | ||
| Q1 25 | $429.4M | $8.6B | ||
| Q4 24 | $575.2M | $8.6B | ||
| Q3 24 | $875.4M | $9.0B | ||
| Q2 24 | $982.8M | $4.9B |
| Q1 26 | $7.6B | — | ||
| Q4 25 | $6.8B | — | ||
| Q3 25 | $7.1B | $19.2B | ||
| Q2 25 | $7.1B | $19.4B | ||
| Q1 25 | $6.9B | $18.8B | ||
| Q4 24 | $6.7B | $18.7B | ||
| Q3 24 | $7.0B | $19.3B | ||
| Q2 24 | $6.9B | $18.8B |
| Q1 26 | 10.54× | — | ||
| Q4 25 | 5.91× | — | ||
| Q3 25 | 7.14× | — | ||
| Q2 25 | 10.51× | — | ||
| Q1 25 | 7.07× | — | ||
| Q4 24 | 4.81× | — | ||
| Q3 24 | 3.19× | — | ||
| Q2 24 | 2.50× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $230.0M |
| Free Cash FlowOCF − Capex | — | $35.0M |
| FCF MarginFCF / Revenue | — | 2.5% |
| Capex IntensityCapex / Revenue | — | 14.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $502.8M | — | ||
| Q3 25 | $44.0M | $230.0M | ||
| Q2 25 | $51.4M | $258.0M | ||
| Q1 25 | $-62.4M | $139.0M | ||
| Q4 24 | $-163.5M | — | ||
| Q3 24 | $-21.6M | $186.0M | ||
| Q2 24 | $-48.4M | $155.0M |
| Q1 26 | — | — | ||
| Q4 25 | $382.8M | — | ||
| Q3 25 | $-64.0M | $35.0M | ||
| Q2 25 | $-114.4M | $95.0M | ||
| Q1 25 | $-198.1M | $-12.0M | ||
| Q4 24 | $-354.0M | — | ||
| Q3 24 | $-140.6M | $33.0M | ||
| Q2 24 | $-128.3M | $-31.0M |
| Q1 26 | — | — | ||
| Q4 25 | 15.8% | — | ||
| Q3 25 | -2.2% | 2.5% | ||
| Q2 25 | -4.1% | 7.0% | ||
| Q1 25 | -7.5% | -0.9% | ||
| Q4 24 | -14.9% | — | ||
| Q3 24 | -4.6% | 2.5% | ||
| Q2 24 | -3.9% | -2.3% |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | — | ||
| Q3 25 | 3.7% | 14.2% | ||
| Q2 25 | 6.0% | 12.1% | ||
| Q1 25 | 5.1% | 11.7% | ||
| Q4 24 | 8.0% | — | ||
| Q3 24 | 3.9% | 11.5% | ||
| Q2 24 | 2.4% | 13.9% |
| Q1 26 | — | — | ||
| Q4 25 | 6.42× | — | ||
| Q3 25 | 0.25× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DK
Segment breakdown not available.
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
