HF Sinclair Corp
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of HF Sinclair Corp (DINO). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Refining | $9.29B 83.1% | $15.73B 85.6% · +69.4% | $30.38B 79.5% · +93.1% | $24.16B 75.6% · -20.5% | $21.70B 75.9% · -10.2% | $20.54B 76.4% · -5.4% |
| Marketing | – | – | $3.91B 10.2% | $4.15B 13.0% · +6.0% | $3.43B 12.0% · -17.3% | $3.14B 11.7% · -8.3% |
| Lubricants & Specialties | – | $2.55B 13.9% | $3.15B 8.2% · +23.5% | $2.76B 8.6% · -12.3% | $2.70B 9.4% · -2.2% | $2.52B 9.4% · -6.7% |
| Renewables | $0 0.0% | $0 0.0% | $654.0M 1.7% | $781.0M 2.4% · +19.4% | $644.0M 2.3% · -17.5% | $551.0M 2.1% · -14.4% |
| Midstream | – | $103.6M 0.6% | $109.0M 0.3% · +5.2% | $118.0M 0.4% · +8.3% | $107.0M 0.4% · -9.3% | $121.0M 0.5% · +13.1% |
| Lubricants and Specialty Products | $1.79B 16.0% | – | – | – | – | – |
| HEP | $98.0M 0.9% | – | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 10, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.