Delek US Holdings reported Q3 revenue of $4.39 billion, above the $3.92 billion analyst estimate, and adjusted EPS of $13.55. It repurchased $50 million in stock and plans up to $100 million in Q4 buybacks; Delek Logistics raised 2026 adjusted EBITDA guidance to $530 million-$560 million.
Delek US Holdings reported Q3 revenue of $4.39 billion, beating the $3.92 billion analyst estimate. Adjusted EPS was $13.55, adjusted net income was $843 million and adjusted EBITDA was $1.28 billion. Net income was $1.13 billion, and EPS was $18.22.
The company repurchased $50 million in stock and plans up to $100 million in buybacks in Q4. Delek Logistics raised its 2026 adjusted EBITDA guidance to $530 million-$560 million, while Delek US increased its EOP annual run-rate cash flow improvement guidance to at least $250 million.
The company said higher refining margins, smooth operations, and strong distillate and jet yields drove results. Benchmark crack spreads rose 191% year over year, while higher wholesale margins and increased interest income supported logistics segment results. It expects to benefit from a constructive margin environment for the rest of 2026.
