← HF Sinclair Corp
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Net income | ($514.9m) |
$663.3m
+228.81%
|
$3.0b
+358.52%
|
$1.7b
-43.74%
|
$184.0m
-89.25%
|
$586.0m
+218.48%
|
$1.9b
+227.82%
|
|
| Depreciation and amortization | $520.9m | $503.5m | $656.8m | $770.6m | $832.0m | $909.0m | $915.0m | |
| Deferred income tax expense (benefit) | ($176.7m) | $128.6m | $53.2m | $192.6m | ($49.0m) | $7.0m | $125.0m | |
| Asset impairments | — | — | $0 | $0 | $17.0m | $3.0m | — | |
| Earnings of equity method investments, net of distributions | $1.1m | $0 | $19.8m | $8.1m | $1.0m | ($1.0m) | — | |
| Loss on sale of equity method investment | — | — | — | $0 | $0 | $47.0m | — | |
| Accounts receivable | $254.7m | ($614.4m) | ($4.3m) | ($17.1m) | $463.0m | $123.0m | ($338.0m) | |
| Lower of cost or market inventory valuation adjustments | $78.5m | ($310.1m) | $52.4m | $270.4m | ($43.0m) | $417.0m | — | |
| Inventories | $230.1m | ($344.6m) | ($224.4m) | $30.2m | $138.0m | ($171.0m) | ($211.0m) | |
| Accounts payable | ($241.8m) | $612.4m | $194.4m | ($108.9m) | $25.0m | ($345.0m) | $285.0m | |
| Accrued liabilities | ($85.7m) | $83.6m | $78.3m | ($29.6m) | ($63.0m) | $62.0m | $457.0m | |
| Increase (decrease) in accrued and unpaid capital expenditures | $73.9m | ($15.3m) | ($31.7m) | ($5.9m) | ($1.0m) | $16.0m | — | |
| Net cash provided by operating activities | $457.9m |
$406.7m
-11.19%
|
$3.8b
+828.77%
|
$2.3b
-39.18%
|
$1.1b
-51.68%
|
$1.3b
+18.47%
|
$2.8b
+111.71%
|
|
| Additions to properties, plants and equipment | ($270.9m) | ($725.1m) | ($485.0m) | ($353.5m) | ($470.0m) | ($449.0m) | — | |
| Net cash used for investing activities | ($330.2m) | ($1.3b) | ($774.5m) | ($371.3m) | ($468.0m) | ($516.0m) | — | |
| Loss on early extinguishment of debt | $25.9m | $0 | ($604k) | $0 | $0 | $24.0m | — | |
| Borrowings under credit agreements | $258.5m | $555.5m | $510.0m | $60.0m | $0 | $0 | — | |
| Dividends | ($229.5m) | ($57.7m) | ($255.9m) | ($340.7m) | ($386.0m) | ($376.0m) | ($366.0m) | |
| Net cash used for financing activities | $353.2m |
($211.8m)
-159.96%
|
($1.6b)
-636.89%
|
($2.2b)
-43.77%
|
($1.2b)
+47.32%
|
($631.0m)
+46.62%
|
— | |
| Cash and cash equivalents at beginning of period | $1.4b | $234.4m | $1.7b | $1.4b | $800.0m | $978.0m | — | |
| Effect of exchange rate on cash flow | $2.2m | ($1.5m) | ($11.3m) | $6.7m | ($14.0m) | $10.0m | — | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Gain on sale of assets | ($201k) | ($89.8m) | ($2.1m) | ($6.9m) | ($2.0m) | ($2.0m) | — | |
| Equity-based compensation expense | $31.7m | $39.3m | $30.3m | $41.1m | $23.0m | $33.0m | — | |
| Change in fair value of derivative instruments | $26.5m | ($34.1m) | $10.0m | $16.6m | ($34.0m) | $64.0m | — | |
| Income taxes receivable | ($85.4m) | ($6.4m) | $42.6m | ($2.7m) | ($14.0m) | $24.0m | — | |
| Prepayments and other | ($2.5m) | ($18.7m) | ($40.8m) | $8.1m | $11.0m | $2.0m | — | |
| Income taxes payable | ($25.9m) | $23.2m | ($17.2m) | $925k | ($6.0m) | $2.0m | — | |
| Turnaround expenditures | ($94.7m) | ($214.4m) | ($144.8m) | ($555.7m) | ($413.0m) | ($437.0m) | — | |
| Other, net | ($429k) | ($2.9m) | ($2.5m) | ($600k) | $0 | ($3.0m) | — | |
| Purchase of precious metals | — | — | — | $0 | $0 | ($72.0m) | — | |
| Proceeds from sale of assets | $1.6m | $106.4m | $3.3m | $17.4m | $4.0m | $6.0m | — | |
| Repayments under credit agreements | ($310.5m) | ($629.0m) | ($682.0m) | ($272.5m) | ($106.0m) | ($350.0m) | — | |
| Proceeds from issuance of senior notes | $748.9m | $0 | $0 | $0 | $0 | $1.9b | — | |
| Redemption of senior notes | $0 | $0 | ($41.4m) | ($307.8m) | $0 | ($1.4b) | — | |
| Purchase of treasury stock, inclusive of excise tax | ($7.6m) | ($7.1m) | ($1.4b) | ($999.3m) | ($672.0m) | ($354.0m) | — | |
| Distributions to noncontrolling interest | ($89.0m) | ($75.4m) | ($96.2m) | ($102.5m) | ($7.0m) | ($10.0m) | — | |
| Proceeds from financing arrangements | — | — | — | $0 | $0 | $133.0m | — | |
| Payments on financing arrangements | — | — | — | $0 | $0 | ($109.0m) | — | |
| Payments on finance leases | ($3.0m) | ($4.0m) | ($11.7m) | ($11.9m) | ($11.0m) | ($11.0m) | — | |
| HEP Merger Transaction consideration | — | $0 | $0 | ($267.6m) | $0 | $0 | — | |
| Deferred financing costs | ($15.5m) | ($14.5m) | ($9.3m) | ($899k) | $0 | ($25.0m) | — | |
| Net change for the period | $483.2m | ($1.1b) | $1.4b | ($311.3m) | ($554.0m) | $178.0m | — | |
| Cash paid for interest | ($120.3m) | ($136.4m) | ($160.4m) | ($203.1m) | ($164.0m) | ($139.0m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.