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Side-by-side financial comparison of Delek US Holdings, Inc. (DK) and PACS Group, Inc. (PACS). Click either name above to swap in a different company.
Delek US Holdings, Inc. is the larger business by last-quarter revenue ($2.4B vs $1.4B, roughly 1.8× PACS Group, Inc.). PACS Group, Inc. runs the higher net margin — 4.4% vs 3.2%, a 1.2% gap on every dollar of revenue. On growth, PACS Group, Inc. posted the faster year-over-year revenue change (18.4% vs 2.3%). Over the past eight quarters, PACS Group, Inc.'s revenue compounded faster (20.5% CAGR vs -11.9%).
Delek US Holdings, Inc. is an oil refining, logistics and biofuels company founded in 2001 and headquartered in Brentwood, Tennessee.
DK vs PACS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.4B | $1.4B |
| Net Profit | $78.3M | $59.7M |
| Gross Margin | 9.3% | — |
| Operating Margin | 6.8% | 7.0% |
| Net Margin | 3.2% | 4.4% |
| Revenue YoY | 2.3% | 18.4% |
| Net Profit YoY | 118.9% | 3022.5% |
| EPS (diluted) | $1.23 | $0.42 |
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.
| Q4 25 | $2.4B | $1.4B | ||
| Q3 25 | $2.9B | $1.3B | ||
| Q2 25 | $2.8B | $1.3B | ||
| Q1 25 | $2.6B | $1.3B | ||
| Q4 24 | $2.4B | $1.1B | ||
| Q3 24 | $3.0B | $1.0B | ||
| Q2 24 | $3.3B | $981.4M | ||
| Q1 24 | $3.1B | $934.3M |
| Q4 25 | $78.3M | $59.7M | ||
| Q3 25 | $178.0M | $52.4M | ||
| Q2 25 | $-106.4M | $51.0M | ||
| Q1 25 | $-172.7M | $28.5M | ||
| Q4 24 | $-413.8M | $1.9M | ||
| Q3 24 | $-76.8M | $15.6M | ||
| Q2 24 | $-37.2M | $-10.9M | ||
| Q1 24 | $-32.6M | $49.1M |
| Q4 25 | 9.3% | — | ||
| Q3 25 | 13.8% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | -2.4% | — | ||
| Q4 24 | -5.7% | — | ||
| Q3 24 | -0.7% | 17.1% | ||
| Q2 24 | 0.5% | 22.3% | ||
| Q1 24 | 3.0% | 21.2% |
| Q4 25 | 6.8% | 7.0% | ||
| Q3 25 | 10.2% | 6.4% | ||
| Q2 25 | -1.2% | 6.2% | ||
| Q1 25 | -4.8% | 3.8% | ||
| Q4 24 | -17.0% | 1.7% | ||
| Q3 24 | -4.0% | 2.2% | ||
| Q2 24 | 0.1% | 0.1% | ||
| Q1 24 | 0.9% | 8.6% |
| Q4 25 | 3.2% | 4.4% | ||
| Q3 25 | 6.2% | 3.9% | ||
| Q2 25 | -3.8% | 3.9% | ||
| Q1 25 | -6.5% | 2.2% | ||
| Q4 24 | -17.4% | 0.2% | ||
| Q3 24 | -2.5% | 1.5% | ||
| Q2 24 | -1.1% | -1.1% | ||
| Q1 24 | -1.0% | 5.3% |
| Q4 25 | $1.23 | $0.42 | ||
| Q3 25 | $2.93 | $0.32 | ||
| Q2 25 | $-1.76 | $0.31 | ||
| Q1 25 | $-2.78 | $0.17 | ||
| Q4 24 | $-6.48 | $-0.03 | ||
| Q3 24 | $-1.20 | $0.10 | ||
| Q2 24 | $-0.58 | $-0.07 | ||
| Q1 24 | $-0.51 | $0.38 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $625.8M | $197.0M |
| Total DebtLower is stronger | $3.2B | $353.2M |
| Stockholders' EquityBook value | $547.3M | $946.8M |
| Total Assets | $6.8B | $5.6B |
| Debt / EquityLower = less leverage | 5.91× | 0.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $625.8M | $197.0M | ||
| Q3 25 | $630.9M | $355.7M | ||
| Q2 25 | $615.5M | $294.2M | ||
| Q1 25 | $623.8M | $287.5M | ||
| Q4 24 | $735.6M | $157.7M | ||
| Q3 24 | $1.0B | $49.5M | ||
| Q2 24 | $657.9M | $73.4M | ||
| Q1 24 | $753.4M | $81.2M |
| Q4 25 | $3.2B | $353.2M | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $2.8B | $411.9M | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.5B | — |
| Q4 25 | $547.3M | $946.8M | ||
| Q3 25 | $444.8M | $871.3M | ||
| Q2 25 | $294.9M | $806.8M | ||
| Q1 25 | $429.4M | $750.2M | ||
| Q4 24 | $575.2M | $709.6M | ||
| Q3 24 | $875.4M | $660.0M | ||
| Q2 24 | $982.8M | $572.1M | ||
| Q1 24 | $1.0B | $128.0M |
| Q4 25 | $6.8B | $5.6B | ||
| Q3 25 | $7.1B | $5.6B | ||
| Q2 25 | $7.1B | $5.5B | ||
| Q1 25 | $6.9B | $5.5B | ||
| Q4 24 | $6.7B | $5.2B | ||
| Q3 24 | $7.0B | $4.5B | ||
| Q2 24 | $6.9B | $3.9B | ||
| Q1 24 | $7.2B | $3.9B |
| Q4 25 | 5.91× | 0.37× | ||
| Q3 25 | 7.14× | — | ||
| Q2 25 | 10.51× | — | ||
| Q1 25 | 7.07× | — | ||
| Q4 24 | 4.81× | 0.58× | ||
| Q3 24 | 3.19× | — | ||
| Q2 24 | 2.50× | — | ||
| Q1 24 | 2.41× | — |
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 | $502.8M | $-3.4M |
| Free Cash FlowOCF − Capex | $382.8M | — |
| FCF MarginFCF / Revenue | 15.8% | — |
| Capex IntensityCapex / Revenue | 4.9% | — |
| Cash ConversionOCF / Net Profit | 6.42× | -0.06× |
| TTM Free Cash FlowTrailing 4 quarters | $6.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $502.8M | $-3.4M | ||
| Q3 25 | $44.0M | $204.8M | ||
| Q2 25 | $51.4M | $52.6M | ||
| Q1 25 | $-62.4M | $150.2M | ||
| Q4 24 | $-163.5M | $64.6M | ||
| Q3 24 | $-21.6M | $209.2M | ||
| Q2 24 | $-48.4M | $34.8M | ||
| Q1 24 | $166.7M | $58.8M |
| Q4 25 | $382.8M | — | ||
| Q3 25 | $-64.0M | — | ||
| Q2 25 | $-114.4M | — | ||
| Q1 25 | $-198.1M | — | ||
| Q4 24 | $-354.0M | — | ||
| Q3 24 | $-140.6M | — | ||
| Q2 24 | $-128.3M | — | ||
| Q1 24 | $128.4M | — |
| Q4 25 | 15.8% | — | ||
| Q3 25 | -2.2% | — | ||
| Q2 25 | -4.1% | — | ||
| Q1 25 | -7.5% | — | ||
| Q4 24 | -14.9% | — | ||
| Q3 24 | -4.6% | — | ||
| Q2 24 | -3.9% | — | ||
| Q1 24 | 4.1% | — |
| Q4 25 | 4.9% | — | ||
| Q3 25 | 3.7% | — | ||
| Q2 25 | 6.0% | — | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | 8.0% | — | ||
| Q3 24 | 3.9% | — | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | 1.2% | — |
| Q4 25 | 6.42× | -0.06× | ||
| Q3 25 | 0.25× | 3.91× | ||
| Q2 25 | — | 1.03× | ||
| Q1 25 | — | 5.28× | ||
| Q4 24 | — | 33.78× | ||
| Q3 24 | — | 13.39× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DK
| Refining | $2.2B | 91% |
| Other | $173.0M | 7% |
| Gravity Water Intermediate Holdings LLC Gravity | $22.5M | 1% |
| Related Party | $20.8M | 1% |
| Logistics | $1.3M | 0% |
PACS
Segment breakdown not available.
