Delek US(DK) - 2025 Q4 - Annual Results
2026-02-27 11:32
Exhibit 99.1 Delek US Holdings Reports Fourth Quarter 2025 Results BRENTWOOD, Tenn.-- February 27, 2026 -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US", "Company") today announced financial results for its fourth quarter ended December 31, 2025. "2025 has been a transformational year for DK in improving its cash flow profile through successful implementation of the Enterprise Optimization Plan, reducing the costs of Inventory Intermediation Agreements, and progressing its economic separation with Delek Lo ...
Delek Logistics(DKL) - 2025 Q4 - Annual Results
2026-02-27 11:32
Financial Performance - Delek Logistics reported a record net income of $47.3 million, or $0.88 per diluted common limited partner unit, for Q4 2025, compared to $35.3 million, or $0.68 per unit, in Q4 2024[4] - Adjusted EBITDA for Q4 2025 was $142.3 million, up from $114.3 million in Q4 2024, reflecting a $28.0 million increase due to H2O Midstream and Gravity operations[7] - Total net revenues for Q4 2025 reached $255.8 million, a 21.9% increase from $209.9 million in Q4 2024[28] - Operating income for Q4 2025 was $36.4 million, compared to $38.0 million in Q4 2024, reflecting a decrease of 4.1%[28] - Net income for Q4 2025 was $47.3 million, up 33.9% from $35.3 million in Q4 2024[28] - Adjusted EBITDA for Q4 2025 was $142.3 million, a 24.5% increase from $114.3 million in Q4 2024[30] - Distributable cash flow for Q4 2025 was $73.3 million, compared to $69.5 million in Q4 2024, reflecting a 4.0% increase[30] - The company reported a basic net income per unit of $0.88 for Q4 2025, up from $0.68 in Q4 2024[28] - Total revenue for the three months ended December 31, 2025, was $255,766,000, up from $209,863,000 in the same period of 2024, reflecting a growth of 22%[33] - Adjusted EBITDA for the year ended December 31, 2025, reached $535,567,000, compared to $433,761,000 in 2024, marking an increase of 23.5%[34] - Net income for the year ended December 31, 2025, was $176,460,000, a significant rise from $142,685,000 in 2024, showing an increase of 23.6%[34] Cash and Debt Management - As of December 31, 2025, total debt was approximately $2.3 billion, with a leverage ratio of approximately 4.07x and cash of $10.9 million[7] - Cash and cash equivalents increased to $10.9 million at the end of Q4 2025, compared to $5.4 million at the end of Q4 2024[29] - Long-term debt increased to $2.34 billion as of December 31, 2025, up from $1.88 billion in 2024, representing a 24.7% rise[27] - Total current liabilities increased to $356.5 million as of December 31, 2025, compared to $88.8 million in 2024, a significant rise of 301.5%[27] - The distributable cash flow coverage ratio for the year ended December 31, 2025, was 1.21x, compared to 1.18x for 2024, indicating improved cash flow relative to distributions[31] Operational Highlights - The successful startup of the Libby 2 gas plant and the acquisition of Gravity Water Midstream were key highlights for 2025, contributing to the company's economic separation from its sponsor[3] - The company achieved record crude gathering volumes in its Delaware Basin operations, indicating strong operational performance[3] - Adjusted EBITDA for the Storage and Transportation Segment increased to $34.7 million in Q4 2025, compared to $17.8 million in Q4 2024, primarily due to increased interest income from sales-type leases[12] - Income from equity method investments was $19.2 million in Q4 2025, up from $11.3 million in Q4 2024, driven by the impacts of the W2W dropdown[13] Capital Expenditures - Total capital spending for the year ended December 31, 2025, was $252.1 million, a significant increase from $140.0 million in 2024, representing an 80% year-over-year growth[35] - The Gathering and Processing segment's growth capital spending reached $235.9 million for the year ended December 31, 2025, compared to $127.3 million in 2024, indicating an 85% increase[35] - Total segment capital spending for the Gathering and Processing segment was $27.9 million in Q4 2025, compared to $44.8 million in Q4 2024, a decrease of 38%[35] - Regulatory capital spending for the consolidated segment was $1.0 million in Q4 2025, compared to $852,000 in Q4 2024, an increase of 17%[35] - Sustaining capital spending for the Gathering and Processing segment was $2.9 million in Q4 2025, compared to $307,000 in Q4 2024, a significant increase[35] Throughput and Margins - Average throughput for the Midland Gathering System was 237,681 bpd in Q4 2025, up from 200,705 bpd in Q4 2024, reflecting an 18% increase[36] - The average bpd for crude oil gathering in the Delaware Gathering Assets was 140,790 in Q4 2025, compared to 123,346 bpd in Q4 2024, marking a 14% increase[36] - The average gross margin per barrel for West Texas marketing was $3.48 in Q4 2025, down from $4.35 in Q4 2024, representing a 20% decline[36] - The average throughput for terminalling in Q4 2025 was 147,041 bpd, slightly down from 151,309 bpd in Q4 2024, a decrease of 3%[36] - The average throughput for the El Dorado Gathering System was 8,483 bpd in Q4 2025, down from 13,883 bpd in Q4 2024, indicating a 39% decrease[36] Management Commitment - Delek Logistics remains committed to long-term value creation for unitholders through prudent management of liquidity and leverage[3]
HF Sinclair(DINO) - 2025 Q4 - Annual Report
2026-02-27 11:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-K _________________________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ ...
Amneal Pharmaceuticals(AMRX) - 2025 Q4 - Annual Results
2026-02-27 11:16
Exhibit 99.1 AMNEAL REPORTS FOURTH QUARTER AND FULL YEAR 2025 FINANCIAL RESULTS ‒ Full Year 2025 Performance Met or Exceeded All Guidance Metrics and 2026 Reflects Another Year of Growth – ‒ Q4 2025 Net Revenue of $814 million; GAAP Net Income of $35 million; Diluted Income per Share of $0.11 ‒ ‒ Q4 2025 Adjusted Net Income of $68 million, Adjusted EBITDA of $175 million; Adjusted Diluted EPS of $0.21 ‒ ‒ Full Year 2025 Net Revenue of $3.02 billion; GAAP Net Income of $72 million; Diluted Income per Share o ...
Matson(MATX) - 2025 Q4 - Annual Report
2026-02-27 11:16
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34187 Matson, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employer inc ...
Oportun Financial (OPRT) - 2025 Q4 - Annual Report
2026-02-27 11:13
Employee Engagement and Diversity - Approximately 82% of employees participated in the 2025 engagement survey, with 81% satisfied with the company as a workplace and 86% proud to work there[62] - The company has been recognized as a Greater Bay Area Top Workplace for the past six years due to its employee engagement efforts[62] - The leadership team includes a majority of women or members of underrepresented groups, reflecting the company's commitment to diversity and inclusion[62] Workforce and Benefits - As of December 31, 2025, the company had 2,405 full-time and 83 part-time employees worldwide, including 332 corporate employees in the United States, with 169 dedicated to technology, risk, analytics, and data science[58] - The company offers a comprehensive benefits program, including annual bonuses, equity awards, a 401(k) plan, and wellness initiatives, supporting a remote-first culture[62] Cybersecurity and Compliance - The company maintains a robust cybersecurity program, including mandatory employee training and real-time monitoring to safeguard data and systems[52] - The company is subject to various federal, state, and local regulations, including the Dodd-Frank Act and oversight by the Consumer Financial Protection Bureau (CFPB)[46] - The company regularly reviews its consumer contracts and compliance management systems to ensure adherence to applicable laws and regulations[50] Intellectual Property - The company has no patent applications on its proprietary risk model or underwriting process, viewing them as trade secrets[54] - The company has trademark rights in its name and logo, with ongoing efforts to pursue additional trademark registrations[55]
Smurfit WestRock plc(SW) - 2025 Q4 - Annual Report
2026-02-27 11:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-42161 Smurfit Westrock plc (Exact name of registrant as specified in its charter) Ireland 98-1776979 (State or other jurisdiction of ...
BrightSpring Health Services(BTSG) - 2025 Q4 - Annual Results
2026-02-27 11:05
BrightSpring Health Services, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Full Year 2026 Guidance LOUISVILLE, Ky., February 27, 2026 — BrightSpring Health Services, Inc. ("BrightSpring" or the "Company") (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced financial results for the fourth quarter and full year ended December 31, 2025 and initiated full year 2026 Revenue and Adjusted EBITDA 1 guidance. Fourth ...
Brightspring Health Services, Inc.(BTSGU) - 2025 Q4 - Annual Results
2026-02-27 11:05
BrightSpring Health Services, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Full Year 2026 Guidance LOUISVILLE, Ky., February 27, 2026 — BrightSpring Health Services, Inc. ("BrightSpring" or the "Company") (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced financial results for the fourth quarter and full year ended December 31, 2025 and initiated full year 2026 Revenue and Adjusted EBITDA 1 guidance. Fourth ...
Marten Transport(MRTN) - 2025 Q4 - Annual Report
2026-02-27 11:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 0-15010 MARTEN TRANSPORT, LTD. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification N ...