Par Pacific reported a net income of approximately $369.4 million for fiscal year 2025, while Delek US posted a net loss of roughly $22.8 million. Par Pacific's revenue reached close to $7.5 billion, a decrease of about 6.4% from the prior year, and Delek US saw revenue of nearly $10.7 billion, down roughly 9.5%. Par Pacific's debt-to-equity ratio stood at roughly 0.8x and free cash flow was nearly $296.5 million, compared with Delek US's debt-to-equity ratio of 11.7x and free cash flow of approximately $22.0 million. Par Pacific also trades at a lower forward price-to-earnings ratio of 4.2x versus Delek US's 9.2x, while Delek US has a lower price-to-sales ratio of 0.3x compared to Par Pacific's 0.4x. Both companies face customer concentration risk, with one customer accounting for approximately 12% of consolidated revenue in each case.
Delek US Energy IncDelek US posted a net loss of $22.8 million, has high debt-to-equity of 11.7x, and low free cash flow of $22 million, indicating poor financial performance.
Par Pacific Holdings IncPar Pacific reported net income of $369.4 million, strong free cash flow of $296.5 million, and low debt-to-equity of 0.8x, outperforming Delek US.