HollyFrontier (HFC) Stock Price

HollyFrontier Price

Delisted

Over the last 19 years HollyFrontier grew revenue by 21.6% annually, reaching 18.39 B USD. Earnings per share have grown at 27.0% per year over the last 19 years. For HollyFrontier, the net margin of 3.6% is down versus 6.2% a few years ago. The payout ratio is around 9% of earnings. Of 21 analysts, 9 rate the stock a buy — an overall Hold consensus.

HollyFrontier stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of HollyFrontier over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how HollyFrontier stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing HollyFrontier's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

HollyFrontier Stock Price History
DateHollyFrontier Price
Access this data via the Eulerpool API

HollyFrontier Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
17.71 B USD
1.58 B USD
1.18 B USD
Jan 1, 2019
17.49 B USD
1.21 B USD
872.35 M USD
Jan 1, 2020
11.18 B USD
-707.07 M USD
-514.90 M USD
Jan 1, 2021
18.39 B USD
807.40 M USD
663.25 M USD
Jan 1, 2022 (e)
18.56 B USD
1.11 B USD
695.65 M USD
Jan 1, 2023 (e)
24.36 B USD
1.24 B USD
756.08 M USD
Jan 1, 2024 (e)
27.63 B USD
1.79 B USD
1.35 B USD
Jan 1, 2025 (e)
29.64 B USD
2.21 B USD
2.44 B USD

HollyFrontier Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 25, 2026, 12:01 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
SHARESM
2010201120122013201420152016201720182019202020212022e2023e2024e2025e
8.3215.4420.0920.1619.7613.2410.5414.2517.7117.4911.1818.3918.5624.3627.6329.64
72.1685.5230.130.35-1.96-33.02-20.4135.2724.30-1.29-36.0564.440.9431.2613.417.27
5.4213.0321.1513.7310.8220.9319.5620.2920.5321.0912.7414.2914.2914.2914.2914.29
0.452.014.252.772.142.772.062.893.643.691.432.632.653.483.954.24
0.241.682.861.200.471.19-0.170.911.581.21-0.710.811.111.241.792.21
2.8510.9014.235.932.368.98-1.596.398.906.94-6.324.395.995.106.497.44
0.131.061.760.770.330.80-0.190.881.180.87-0.510.660.700.761.352.44
269.44696.2466.19-56.42-57.50146.01-123.69-563.6833.60-25.91-158.94-228.994.838.7878.7080.68
106.61208.53204.45199.31195.31181.46176.21177.46174.26162.90162.15162.72162.72162.72162.72162.72
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales HollyFrontier generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue HollyFrontier retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare HollyFrontier's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares HollyFrontier has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against HollyFrontier's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

HollyFrontier stock margins

The HollyFrontier margin analysis displays the gross margin, EBIT margin, as well as the profit margin of HollyFrontier. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for HollyFrontier.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
20.29 %
6.39 %
6.18 %
Jan 1, 2018
20.53 %
8.90 %
6.65 %
Jan 1, 2019
21.09 %
6.95 %
4.99 %
Jan 1, 2020
12.75 %
-6.32 %
-4.60 %
Jan 1, 2021
14.29 %
4.39 %
3.61 %
Jan 1, 2022 (e)
14.29 %
5.99 %
3.75 %
Jan 1, 2023 (e)
14.29 %
5.10 %
3.10 %
Jan 1, 2024 (e)
14.29 %
6.49 %
4.89 %

HollyFrontier Stock Revenue, EBIT, Earnings per Share

The HollyFrontier earnings per share therefore indicates how much revenue HollyFrontier has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
80.31 USD
5.13 USD
4.97 USD
Jan 1, 2018
101.66 USD
9.05 USD
6.76 USD
Jan 1, 2019
107.35 USD
7.46 USD
5.36 USD
Jan 1, 2020
68.97 USD
-4.36 USD
-3.18 USD
Jan 1, 2021
113.01 USD
4.96 USD
4.08 USD
Jan 1, 2022 (e)
113.88 USD
6.83 USD
4.27 USD
Jan 1, 2023 (e)
149.47 USD
7.63 USD
4.64 USD
Jan 1, 2024 (e)
169.52 USD
11.03 USD
8.29 USD

HollyFrontier business model & stock analysis

HollyFrontier Corporation is a leading independent refinery operator and marketer of specialized lubricants and petroleum-based products. The company is headquartered in Dallas, Texas and currently operates five refineries in the United States that produce a wide range of products, including gasoline, diesel, kerosene, and aviation fuel.

HollyFrontier SWOT Analysis

Strengths

HollyFrontier Corp has a strong market presence with a diversified portfolio of petroleum refineries, allowing it to capitalize on various product segments. The company also benefits from its strategic locations, which provide access to key markets and transportation infrastructure.

HollyFrontier Corp boasts a solid financial position with consistent revenue growth and strong profitability. This stability enables the company to make strategic investments in modernization and expansion, enhancing its operational efficiency and competitiveness.

Weaknesses

One potential weakness for HollyFrontier Corp is its heavy reliance on petroleum refining activities. This dependency exposes the company to risks associated with oil price volatility, regulatory changes, and environmental concerns. A sudden shift in the market dynamics could impact its profitability.

The company's geographic concentration in the United States may limit its market reach and leave it vulnerable to regional economic fluctuations. Diversifying into international markets could help mitigate this weakness.

Opportunities

HollyFrontier Corp can leverage the growing demand for cleaner and more sustainable energy solutions by investing in renewable or alternative energy sources. This can position the company as a leader in the transition towards a greener economy and align with evolving consumer preferences.

Exploring strategic partnerships, acquisitions, or joint ventures with technology companies could allow HollyFrontier Corp to tap into innovative solutions and technologies that enhance its refining processes, cost-efficiency, and overall operational performance.

Threats

The increasing popularity of electric vehicles and the push for stricter emissions regulations pose a threat to the demand for traditional petroleum products. HollyFrontier Corp needs to closely monitor these industry trends and adapt its business strategies accordingly to avoid being negatively impacted by declining demand.

Various geopolitical factors, such as trade tensions and political instability in oil-producing regions, can disrupt the global supply chain and impact the availability and cost of raw materials for HollyFrontier Corp. The company should develop contingency plans to mitigate such risks.

HollyFrontier Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

HollyFrontier historical P/E ratio, EBIT multiple, and P/S ratio

HollyFrontier annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

HollyFrontier shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
177.46 M Stocks
Jan 1, 2018
174.26 M Stocks
Jan 1, 2019
162.90 M Stocks
Jan 1, 2020
162.15 M Stocks
Jan 1, 2021
162.72 M Stocks
Jan 1, 2022 (e)
162.72 M Stocks
Jan 1, 2023 (e)
162.72 M Stocks
Jan 1, 2024 (e)
162.72 M Stocks

HollyFrontier stock splits

In HollyFrontier's history, there have been no stock splits.

HollyFrontier Dividend History

22 years of dividend payments

YearAnnual DividendYoY ChangePayments
20210.35USD 75.0%
20201.40USD 4.5%
20191.34USD 1.5%
20181.32USD 0.0%
20171.32USD 0.0%
20161.32USD 0.8%
20151.31USD 63.4%
20143.58USD 3.2%
20133.70USD 19.4%
20123.10USD 56.0%

HollyFrontier dividend payout ratio

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2017
26.58 %
Jan 1, 2018
19.54 %
Jan 1, 2019
25.02 %
Jan 1, 2020
-44.09 %
Jan 1, 2021
8.59 %
Jan 1, 2022 (e)
17.72 %
Jan 1, 2023 (e)
17.11 %
Jan 1, 2024 (e)
14.47 %

Current HollyFrontier forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy42.86 % (9)
Hold47.62 % (10)
Sell9.52 % (2)
12M Price Target
41.82
Last Price
0.00
Currency
USD
12M Return Potential
0 %
LTM Return
0 %

HollyFrontier Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
11/1/20221.44USD6.32 BUSD2022 Q3
8/1/20221.19USD5.13 BUSD2022 Q2
5/3/20220.38USD4.84 BUSD2022 Q1
2/23/2022-0.08USD4.19 BUSD2021 Q4
11/3/20210.78USD3.95 BUSD2021 Q3
8/3/20210.62USD3.38 BUSD2021 Q2
5/5/2021-0.46USD2.69 BUSD2021 Q1
2/24/2021-0.72USD2.50 BUSD2020 Q4
11/5/2020-0.54USD2.36 BUSD2020 Q3
8/6/2020-0.56USD2.06 BUSD2020 Q2
...

HollyFrontier shareholder structure

% Name
8.59315%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
7.63167%
Turtle Creek Management, LLC
Turtle Creek Management, LLC
7.25089%
Boston Partners
Boston Partners
7.15234%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.19031%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
3.97378%
State Street Global Advisors (US)
State Street Global Advisors (US)
...

HollyFrontier Executives and Management Board

MJ

Mr. Michael Jennings

(55)

Chief Executive Officer, Director · since 2021

Compensation7.65 M USD
MC

Mr. Matthew Clifton

(69)

Executive Chairman of the Board · since 2011

Compensation6.86 M USD
LN

Lamar Norsworthy

(66)

Chairman of the Board · since 2006

Compensation6.83 M USD
TG

Mr. Timothy Go

(54)

President, Chief Operating Officer · since 2021

Compensation5.75 M USD
GD

Mr. George Damiris

(61)

President, Chief Executive Officer, Director · since 2016

Compensation5.22 M USD
...

HollyFrontier Supply Chain

HollyFrontier Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
18 companies
#Name1M3M6M1Y2YTrend
1
-0.20
0.63
0.73
0.63
0.84
2
-0.26
0.29
0.46
0.60
0.81
3
-0.33
0.58
0.73
0.52
0.81
4
MPLX
Supplier
-0.23
0.51
0.68
0.75
0.80
5
Permianville Royalty Tr
Supplier
0.40
0.42
0.60
0.70
0.79
#Name1M3M6M1Y2YTrend
1
0.49
0.45
0.61
2
0.06
0.58
3
Team
Supplier
-0.45
0.57
0.41
-0.36
-0.18

Frequently asked questions about HollyFrontier

HollyFrontier Corp's business model revolves around being an independent petroleum refiner and marketer in the United States. The company's operations involve refining crude oil and selling refined products, such as gasoline, diesel fuel, and asphalt. With a focus on maximizing operational efficiency and leveraging its refining capabilities, HollyFrontier aims to meet the demand for petroleum products across its five refineries strategically located in the Midwest, Southwest, and Rocky Mountain regions. By providing high-quality products to customers, HollyFrontier positions itself as a leading player in the refining industry, contributing to the growth and stability of the energy sector.

All fundamentals and in-depth analysis of HollyFrontier

Our stock analysis for HollyFrontier stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of HollyFrontier. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.