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Side-by-side financial comparison of Delek US Holdings, Inc. (DK) and Tapestry, Inc. (TPR). Click either name above to swap in a different company.
Tapestry, Inc. is the larger business by last-quarter revenue ($2.5B vs $2.4B, roughly 1.0× Delek US Holdings, Inc.). Tapestry, Inc. runs the higher net margin — 22.4% vs 3.2%, a 19.2% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (14.0% vs 2.3%). Tapestry, Inc. produced more free cash flow last quarter ($1.0B vs $382.8M). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (29.9% CAGR vs -11.9%).
Delek US Holdings, Inc. is an oil refining, logistics and biofuels company founded in 2001 and headquartered in Brentwood, Tennessee.
Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.
DK vs TPR — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.4B | $2.5B |
| Net Profit | $78.3M | $561.3M |
| Gross Margin | 9.3% | 75.5% |
| Operating Margin | 6.8% | 28.6% |
| Net Margin | 3.2% | 22.4% |
| Revenue YoY | 2.3% | 14.0% |
| Net Profit YoY | 118.9% | 80.8% |
| EPS (diluted) | $1.23 | $2.68 |
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 | $2.5B | ||
| Q3 25 | $2.9B | $1.7B | ||
| Q2 25 | $2.8B | $1.7B | ||
| Q1 25 | $2.6B | $1.6B | ||
| Q4 24 | $2.4B | $2.2B | ||
| Q3 24 | $3.0B | $1.5B | ||
| Q2 24 | $3.3B | $1.6B | ||
| Q1 24 | $3.1B | $1.5B |
| Q4 25 | $78.3M | $561.3M | ||
| Q3 25 | $178.0M | $274.8M | ||
| Q2 25 | $-106.4M | $-517.1M | ||
| Q1 25 | $-172.7M | $203.3M | ||
| Q4 24 | $-413.8M | $310.4M | ||
| Q3 24 | $-76.8M | $186.6M | ||
| Q2 24 | $-37.2M | $159.3M | ||
| Q1 24 | $-32.6M | $139.4M |
| Q4 25 | 9.3% | 75.5% | ||
| Q3 25 | 13.8% | 76.3% | ||
| Q2 25 | 1.9% | 76.3% | ||
| Q1 25 | -2.4% | 76.1% | ||
| Q4 24 | -5.7% | 74.4% | ||
| Q3 24 | -0.7% | 75.3% | ||
| Q2 24 | 0.5% | 74.9% | ||
| Q1 24 | 3.0% | 74.7% |
| Q4 25 | 6.8% | 28.6% | ||
| Q3 25 | 10.2% | 19.3% | ||
| Q2 25 | -1.2% | -33.9% | ||
| Q1 25 | -4.8% | 16.0% | ||
| Q4 24 | -17.0% | 22.4% | ||
| Q3 24 | -4.0% | 16.7% | ||
| Q2 24 | 0.1% | 14.8% | ||
| Q1 24 | 0.9% | 13.8% |
| Q4 25 | 3.2% | 22.4% | ||
| Q3 25 | 6.2% | 16.1% | ||
| Q2 25 | -3.8% | -30.0% | ||
| Q1 25 | -6.5% | 12.8% | ||
| Q4 24 | -17.4% | 14.1% | ||
| Q3 24 | -2.5% | 12.4% | ||
| Q2 24 | -1.1% | 10.0% | ||
| Q1 24 | -1.0% | 9.4% |
| Q4 25 | $1.23 | $2.68 | ||
| Q3 25 | $2.93 | $1.28 | ||
| Q2 25 | $-1.76 | $-2.30 | ||
| Q1 25 | $-2.78 | $0.95 | ||
| Q4 24 | $-6.48 | $1.38 | ||
| Q3 24 | $-1.20 | $0.79 | ||
| Q2 24 | $-0.58 | $0.67 | ||
| Q1 24 | $-0.51 | $0.60 |
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 | $1.1B |
| Total DebtLower is stronger | $3.2B | $2.4B |
| Stockholders' EquityBook value | $547.3M | $551.2M |
| Total Assets | $6.8B | $6.5B |
| Debt / EquityLower = less leverage | 5.91× | 4.32× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $625.8M | $1.1B | ||
| Q3 25 | $630.9M | $743.2M | ||
| Q2 25 | $615.5M | $1.1B | ||
| Q1 25 | $623.8M | $1.1B | ||
| Q4 24 | $735.6M | $1.0B | ||
| Q3 24 | $1.0B | $7.3B | ||
| Q2 24 | $657.9M | $7.2B | ||
| Q1 24 | $753.4M | $7.4B |
| Q4 25 | $3.2B | $2.4B | ||
| Q3 25 | $3.2B | $2.4B | ||
| Q2 25 | $3.1B | $2.4B | ||
| Q1 25 | $3.0B | $2.4B | ||
| Q4 24 | $2.8B | $2.4B | ||
| Q3 24 | $2.8B | $7.0B | ||
| Q2 24 | $2.5B | $6.9B | ||
| Q1 24 | $2.5B | $7.7B |
| Q4 25 | $547.3M | $551.2M | ||
| Q3 25 | $444.8M | $399.5M | ||
| Q2 25 | $294.9M | $857.8M | ||
| Q1 25 | $429.4M | $1.5B | ||
| Q4 24 | $575.2M | $1.3B | ||
| Q3 24 | $875.4M | $3.0B | ||
| Q2 24 | $982.8M | $2.9B | ||
| Q1 24 | $1.0B | $2.8B |
| Q4 25 | $6.8B | $6.5B | ||
| Q3 25 | $7.1B | $6.4B | ||
| Q2 25 | $7.1B | $6.6B | ||
| Q1 25 | $6.9B | $7.3B | ||
| Q4 24 | $6.7B | $7.3B | ||
| Q3 24 | $7.0B | $13.7B | ||
| Q2 24 | $6.9B | $13.4B | ||
| Q1 24 | $7.2B | $13.7B |
| Q4 25 | 5.91× | 4.32× | ||
| Q3 25 | 7.14× | 5.95× | ||
| Q2 25 | 10.51× | 2.77× | ||
| Q1 25 | 7.07× | 1.59× | ||
| Q4 24 | 4.81× | 1.78× | ||
| Q3 24 | 3.19× | 2.35× | ||
| Q2 24 | 2.50× | 2.39× | ||
| Q1 24 | 2.41× | 2.77× |
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 | $1.1B |
| Free Cash FlowOCF − Capex | $382.8M | $1.0B |
| FCF MarginFCF / Revenue | 15.8% | 41.5% |
| Capex IntensityCapex / Revenue | 4.9% | 1.7% |
| Cash ConversionOCF / Net Profit | 6.42× | 1.93× |
| TTM Free Cash FlowTrailing 4 quarters | $6.3M | $1.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $502.8M | $1.1B | ||
| Q3 25 | $44.0M | $112.6M | ||
| Q2 25 | $51.4M | $446.8M | ||
| Q1 25 | $-62.4M | $144.3M | ||
| Q4 24 | $-163.5M | $506.0M | ||
| Q3 24 | $-21.6M | $119.5M | ||
| Q2 24 | $-48.4M | $256.0M | ||
| Q1 24 | $166.7M | $97.8M |
| Q4 25 | $382.8M | $1.0B | ||
| Q3 25 | $-64.0M | $80.2M | ||
| Q2 25 | $-114.4M | $411.5M | ||
| Q1 25 | $-198.1M | $113.4M | ||
| Q4 24 | $-354.0M | $475.1M | ||
| Q3 24 | $-140.6M | $93.9M | ||
| Q2 24 | $-128.3M | $209.8M | ||
| Q1 24 | $128.4M | $78.8M |
| Q4 25 | 15.8% | 41.5% | ||
| Q3 25 | -2.2% | 4.7% | ||
| Q2 25 | -4.1% | 23.9% | ||
| Q1 25 | -7.5% | 7.2% | ||
| Q4 24 | -14.9% | 21.6% | ||
| Q3 24 | -4.6% | 6.2% | ||
| Q2 24 | -3.9% | 13.2% | ||
| Q1 24 | 4.1% | 5.3% |
| Q4 25 | 4.9% | 1.7% | ||
| Q3 25 | 3.7% | 1.9% | ||
| Q2 25 | 6.0% | 2.0% | ||
| Q1 25 | 5.1% | 2.0% | ||
| Q4 24 | 8.0% | 1.4% | ||
| Q3 24 | 3.9% | 1.7% | ||
| Q2 24 | 2.4% | 2.9% | ||
| Q1 24 | 1.2% | 1.3% |
| Q4 25 | 6.42× | 1.93× | ||
| Q3 25 | 0.25× | 0.41× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 1.63× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 1.61× | ||
| Q1 24 | — | 0.70× |
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% |
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
