How HF Sinclair makes money

Period

FY2025

How does HF Sinclair make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

HF Sinclair Corporation · FY2025 · year ended 2025-12-31

Revenue$27.3BGross profit$26.9B · 100%Cost of revenue$0 · 0%Operating income$927M · 3%Operating expenses$25.9B · 97%SG&A$456M · 2%Other opex$25.5B · 95%Pre-tax income$725M · 3%Other expense$202M · 1%Net income$579M · 2%Income tax$146M · 1%Transportation Fuels$20.9B · 78%Lubricants & Specialty Products$2.3B · 9%Asphalt Fuel Oil & Other Products$1.4B · 5%Crude Oil$1.3B · 5%Product & Service Other$746M · 3%Renewable Identification Numbers RI Ns$430M · 2%Transportation & Logistic Services$121M · 0%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.