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Forensic Analysis · Energy / Oil & Gas · as of Nov 8, 2026

Hf Sinclair Corp (DINO)

A forensic read on Hf Sinclair Corp built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.

C · Mixed — selective
Forensic grade
Safe
Financial health
3.7
Distress distance
Clean
Earnings quality
1
Forensic signals
6.3%
ROE
-6.0%
Revenue growth

This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.

Hf Sinclair Corp earns a C (Mixed — selective) forensic quality grade, and its balance-sheet distress test reads 3.7, placing it in the Safe zone. 1 forensic signal was flagged in its latest SEC filings, led by return on invested capital.

What the filings flag

5.7%
FY2025
Return on invested capital. Return on invested capital is 5.7% in the latest fiscal year, against 12.9% in FY2023, having run between 1.6% and 12.9% across FY2023–FY2025 with no direction held. After-tax operating profit was $1.8B in FY2023 and $742M in FY2025, with operating income at 6.9% of revenue in FY2023, 0.9% in FY2024 and 3.5% in FY2025. The capital base behind it went from $13.6B in FY2023 to $13.1B in FY2025 (-4%), while the revenue it carried went from $32.0B to $26.9B.

Key fundamentals

Latest Revenue$26.87B
Revenue Growth YoY-6.0%
Revenue CAGR (2yr)-8.3%
Net Margin2.2%
Free Cash Flow$866.0M
Return on Equity6.3%
Debt / Equity0.30x

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Data from SEC EDGAR public filings · metrics as of Nov 8, 2026. Forensic signals flag probability, not certainty.

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