Delek Logistics Partners L.P. (DKL) vs Phillips 66 (PSX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Phillips 66 (PSX) has outperformed Delek Logistics Partners L.P. (DKL) over the past year, gaining 105.2% versus a gain of 25.0%. Over five years, PSX leads with a +234.4% price change compared with +12.5% for DKL. Phillips 66 is the larger company by market cap ($108.90 billion vs $3.23 billion), about 33.7 times the size, while Delek Logistics Partners L.P. is growing revenue faster (+7.7% vs -7.5%).
On valuation, Phillips 66 trades at a lower forward P/E (10.2x vs 14.6x for Delek Logistics Partners L.P.). Delek Logistics Partners L.P. offers the higher dividend yield (8.06% vs 1.82%). Delek Logistics Partners L.P. converts more of its revenue into profit, with a net margin of 17.4% versus 3.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DKL | PSX |
|---|---|---|
| Share price | $55.97 | $271.62 |
| Market cap | $3.23B | $108.90B |
| 1-day change | -0.44% | +0.68% |
| YTD return | +26.00% | +110.49% |
| 1-year return | +24.99% | +105.20% |
| 5-year return | +12.48% | +234.43% |
| P/E ratio (TTM) | 19.43 | 15.42 |
| Forward P/E | 14.64 | 10.18 |
| EPS (TTM) | $2.88 | $17.62 |
| Dividend yield | 8.06% | 1.82% |
| Annual dividend | $4.51 | $4.94 |
| Revenue (latest FY) | $1.01B | $132.38B |
| Revenue growth (YoY) | +7.73% | -7.53% |
| Net income (latest FY) | $176.46M | $4.40B |
| Gross margin | 21.23% | 12.30% |
| Operating margin | 17.95% | — |
| Net margin | 17.41% | 3.33% |
| 52-week high | $61.50 | $277.12 |
| 52-week low | $42.35 | $126.74 |
| Distance from 52-week high | -8.99% | -1.98% |
| Analyst consensus | none | buy |
| Avg. price target upside | -5.00% | -5.32% |
| Average volume | 171.80K | 2.87M |
| Shares outstanding | 57.80M | 400.94M |
| Employees | — | 12,600 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Refining & Marketing | Oil & Gas Refining & Marketing |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Phillips 66 is about 33.7 times larger than Delek Logistics Partners L.P. by market value ($108.90B vs $3.23B).
- PSX has outperformed DKL by 80.2 percentage points over the past year.
- Delek Logistics Partners L.P. trades at a higher earnings multiple (19.4x vs 15.4x trailing P/E).
- Delek Logistics Partners L.P. offers a meaningfully higher dividend yield (8.06% vs 1.82%).
- Delek Logistics Partners L.P. is more profitable, keeping 17.4 cents of every revenue dollar as net income versus 3.3 cents for Phillips 66.
- Delek Logistics Partners L.P. grew revenue faster in its latest fiscal year (+7.73% vs -7.53%).
About Delek Logistics Partners L.P.
DKL stock →Delek Logistics Partners, LP provides gathering, pipeline, transportation, and other services for crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling water disposal and recycling customers in the United States. The company operates in four segments: Gathering and Processing, Wholesale Marketing and Terminalling, Storage and Transportation, and Investments in Joint Ventures.
Energy · Oil & Gas Refining & Marketing
About Phillips 66
PSX stock →Phillips 66 operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally. It operates through five segments: Midstream, Chemicals, Refining, Marketing and Specialties (M&S), and Renewable Fuels.
Energy · Oil & Gas Refining & Marketing · 12,600 employees
DKL vs PSX FAQ
Which is bigger, Delek Logistics Partners L.P. or Phillips 66?
Phillips 66 (PSX) is larger, with a market capitalization of $108.90B compared with $3.23B for Delek Logistics Partners L.P. (DKL).
Which stock has performed better over the past year, DKL or PSX?
PSX returned +105.20% over the past 12 months, compared with +24.99% for DKL (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DKL or PSX?
PSX has the lower trailing P/E at 15.4, versus 19.4 for DKL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Delek Logistics Partners L.P. or Phillips 66?
Delek Logistics Partners L.P. has the higher yield at 8.06%, compared with 1.82% for Phillips 66.
Are Delek Logistics Partners L.P. and Phillips 66 in the same industry?
Yes. Both are classified in the Oil & Gas Refining & Marketing industry within the Energy sector.