HF Sinclair Corp Reports $28M Net Loss for Q4 2025

By Chris Stiles • Wednesday, February 18 11:46 • Permanent Link

HF Sinclair Corporation (NYSE and NYSE Texas, Inc.: DINO) reported a net loss attributable to HF Sinclair stockholders of $28 million, or $(0.16) per diluted share, for the fourth quarter ended December 31, 2025. This is a significant improvement from the net loss of $214 million, or $(1.14) per diluted share, in the same period in 2024.

Adjusted net income attributable to HF Sinclair stockholders for the fourth quarter of 2025 was $221 million, or $1.20 per diluted share, compared to an adjusted net loss of $191 million, or $(1.02) per diluted share, for the same period in 2024.

The company reported EBITDA of $235 million and adjusted EBITDA of $564 million for the fourth quarter of 2025, reflecting a positive trend from the previous year.

For the full year 2025, HF Sinclair reported net income attributable to HF Sinclair stockholders of $579 million, or $3.08 per diluted share, compared to a net loss of $214 million in 2024. The adjusted net income attributable to HF Sinclair stockholders for the full year 2025 was $951 million, or $5.06 per diluted share.

The company returned $724 million to stockholders through dividends and share repurchases in 2025, indicating a strong financial performance.

The refining segment reported a loss before interest and income taxes of $49 million for the fourth quarter of 2025, a significant improvement from the loss of $332 million in the same period in 2024. The adjusted EBITDA for the segment was $403 million for the fourth quarter of 2025, compared to $(169) million for the same period in 2024.

HF Sinclair's cash and cash equivalents totaled $978 million at December 31, 2025, representing a $178 million increase compared to the previous year.

The company announced a regular quarterly dividend of $0.50 per share, payable on March 12, 2026, to holders of record of common stock on March 2, 2026.

HF Sinclair's focus for the future remains on safe and reliable operations, continued growth in its midstream, lubricants, and marketing segments, and returning excess cash to shareholders. The market has reacted to these announcements by moving the company's shares -2.39% to a price of $48.63. If you want to know more, read the company's complete 8-K report here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.