Free Trial
→ Trump's gold order: the announcement they won't put on the front page (From Reagan Gold Group) (Ad)tc pixel Free CVI Stock Alerts

CVR Energy (CVI) Financials

CVR Energy logo
$31.37 -1.95 (-5.86%)
Closing price 03:59 PM Eastern
Extended Trading
$31.38 +0.02 (+0.06%)
As of 05:29 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for CVR Energy

Annual Income Statements for CVR Energy

This table shows CVR Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 170 25 263 259 380 -256 25 463 769 7.00 27
Consolidated Net Income / (Loss)		 298 9.00 258 366 362 -320 74 644 878 45 90
Net Income / (Loss) Continuing Operations		 298 9.00 258 366 362 -320 74 644 878 45 90
Total Pre-Tax Income 		382 -11 38 445 491 -415 66 801 1,085 19 80
Total Operating Income		 422 70 145 532 580 -333 87 963 1,123 58 182
Total Gross Profit		 501 190 272 661 702 -189 218 1,130 1,273 205 346
Total Revenue		 5,433 4,782 5,988 7,124 6,364 3,930 7,242 10,896 9,247 7,610 7,162
Operating Revenue		 5,433 4,782 5,988 7,124 6,364 3,930 7,242 10,896 9,247 7,610 7,162
Total Cost of Revenue		 4,932 4,592 5,716 6,463 5,662 4,119 7,024 9,766 7,974 7,405 6,816
Operating Cost of Revenue		 4,932 4,592 5,716 6,463 5,662 4,119 7,024 9,766 7,974 7,405 6,816
Total Operating Expenses		 79 120 127 129 122 144 131 167 150 147 164
Selling, General & Admin Expense		 99 110 113 112 117 86 119 149 141 139 148
Depreciation Expense		 7.70 9.00 11 11 9.00 10 9.00 7.00 7.00 8.00 9.00
Other Operating Expenses / (Income)		 - - - - - - - - 2.00 0.00 7.00
Total Other Income / (Expense), net		 -39 -81 -107 -87 -89 -82 -21 -162 -38 -39 -102
Interest & Investment Income		 1.00 - - 0.00 0.00 41 -36 -85 -52 -77 -108
Other Income / (Expense), net		 8.10 2.00 2.00 15 13 7.00 15 -77 14 38 6.00
Income Tax Expense		 85 -20 -220 79 129 -95 -8.00 157 207 -26 -10
Net Income / (Loss) Attributable to Noncontrolling Interest		 128 -16 -5.00 107 -18 -64 49 181 109 38 63
Basic Earnings per Share		 $1.95 $0.28 $3.03 $2.80 $3.78 ($2.54) $0.25 $4.60 $7.65 $0.06 $0.27
Weighted Average Basic Shares Outstanding		 86.80M 86.80M 86.80M 92.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M
Diluted Earnings per Share		 $1.95 $0.28 $3.03 $2.80 $3.78 ($2.54) $0.25 $4.60 $7.65 $0.06 $0.27
Weighted Average Diluted Shares Outstanding		 86.80M 86.80M 86.80M 92.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M
Weighted Average Basic & Diluted Shares Outstanding		 86.80M 86.80M 86.80M 92.50M 100.50M 100.50M 100.53M 100.53M 100.53M 100.53M 100.53M

Quarterly Income Statements for CVR Energy

This table shows CVR Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 353 91 82 21 -124 28 -123 -114 374 -110 -192
Consolidated Net Income / (Loss)		 354 97 90 38 -122 39 -105 -90 401 -116 -160
Net Income / (Loss) Continuing Operations		 354 97 90 38 -122 39 -105 -90 401 -116 -160
Total Pre-Tax Income 		438 120 107 12 -128 28 -154 -132 489 -123 -189
Total Operating Income		 445 124 123 27 -113 21 -131 -103 512 -96 -145
Total Gross Profit		 485 160 161 57 -71 58 -91 -66 560 -57 -103
Total Revenue		 2,522 2,203 1,863 1,967 1,833 1,947 1,646 1,761 1,944 1,811 1,980
Operating Revenue		 2,522 2,203 1,863 1,967 1,833 1,947 1,646 1,761 1,944 1,811 1,980
Total Cost of Revenue		 2,037 2,043 1,702 1,910 1,904 1,889 1,737 1,827 1,384 1,868 2,083
Operating Cost of Revenue		 2,037 2,043 1,702 1,910 1,904 1,889 1,737 1,827 1,384 1,868 2,083
Total Operating Expenses		 40 36 38 30 42 37 40 37 48 39 42
Selling, General & Admin Expense		 38 32 36 28 40 35 37 36 42 33 39
Depreciation Expense		 1.00 3.00 1.00 2.00 2.00 3.00 2.00 2.00 2.00 3.00 2.00
Other Operating Expenses / (Income)		 - - - - - - 1.00 - 4.00 - 1.00
Total Other Income / (Expense), net		 -7.00 -4.00 -16 -15 -15 7.00 -23 -29 -23 -27 -44
Interest & Investment Income		 -11 -7.00 -20 -19 -18 -20 -25 -30 -25 -28 -58
Other Income / (Expense), net		 4.00 3.00 4.00 4.00 3.00 27 2.00 1.00 2.00 1.00 14
Income Tax Expense		 84 23 17 -26 -6.00 -11 -49 -42 88 -7.00 -29
Net Income / (Loss) Attributable to Noncontrolling Interest		 1.00 6.00 8.00 17 2.00 11 18 24 27 -6.00 32
Basic Earnings per Share		 $3.51 $0.91 $0.81 $0.21 ($1.24) $0.28 ($1.22) ($1.14) $3.72 ($1.09) ($1.91)
Weighted Average Basic Shares Outstanding		 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M
Diluted Earnings per Share		 $3.51 $0.91 $0.81 $0.21 ($1.24) $0.28 ($1.22) ($1.14) $3.72 ($1.09) ($1.91)
Weighted Average Diluted Shares Outstanding		 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M
Weighted Average Basic & Diluted Shares Outstanding		 100.53M 100.53M 100.53M 100.53M 100.53M 100.53M 100.53M 100.53M 100.53M 100.53M 100.53M

Annual Cash Flow Statements for CVR Energy

This table details how cash moves in and out of CVR Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 11 -29 -254 186 -16 22 -157 0.00 669 -199 -476
Net Cash From Operating Activities		 537 267 248 628 747 90 396 967 948 404 144
Net Cash From Continuing Operating Activities		 537 267 248 628 747 90 396 966 948 404 144
Net Income / (Loss) Continuing Operations		 298 9.00 258 366 362 -320 74 644 878 45 90
Consolidated Net Income / (Loss)		 298 9.00 258 366 362 -320 74 644 878 45 90
Depreciation Expense		 164 193 258 274 287 278 279 288 298 298 403
Non-Cash Adjustments To Reconcile Net Income		 -2.90 16 30 25 33 87 -20 84 42 3.00 72
Changes in Operating Assets and Liabilities, net		 75 49 -298 -37 65 45 63 -50 -270 58 -421
Net Cash From Investing Activities		 -151 -201 -276 -108 -121 -423 -238 -271 -239 -121 -362
Net Cash From Continuing Investing Activities		 -151 -201 -276 -108 -121 -423 -238 -271 -239 -121 -362
Purchase of Property, Plant & Equipment		 -219 -133 -120 -102 -121 -124 -224 -191 -205 -179 -185
Sale and/or Maturity of Investments		 68 - - - - 0.00 4.00 3.00 23 101 17
Other Investing Activities, net		 - 1.00 -80 -7.00 -37 -160 -5.00 -83 -57 -43 -194
Net Cash From Financing Activities		 -375 -95 -226 -334 -642 355 -315 -696 -40 -482 -258
Net Cash From Continuing Financing Activities		 -375 -95 -226 -334 -642 355 -315 -696 -40 -482 -258
Repayment of Debt		 -1.30 -508 -3.00 -3.00 -5.00 -517 -592 -72 -9.00 -612 -178
Payment of Dividends		 -373 -174 -223 -331 -637 -121 -272 -612 -631 -195 -80
Issuance of Debt		 0.00 629 - 0.00 0.00 1,000 550 0.00 600 325 0.00

Quarterly Cash Flow Statements for CVR Energy

This table details how cash moves in and out of CVR Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 138 290 -542 -58 -52 453 -292 -99 74 -159 1.00
Net Cash From Operating Activities		 370 -36 177 81 48 98 -195 176 163 - 64
Net Cash From Continuing Operating Activities		 370 -36 177 81 48 98 -195 176 163 - 64
Net Income / (Loss) Continuing Operations		 354 97 90 38 -123 40 -105 -90 401 -116 -160
Consolidated Net Income / (Loss)		 354 97 90 38 -123 40 -105 -90 401 -116 -160
Depreciation Expense		 80 77 76 73 75 74 68 78 112 145 79
Non-Cash Adjustments To Reconcile Net Income		 -110 115 12 1.00 8.00 -18 7.00 19 36 10 46
Changes in Operating Assets and Liabilities, net		 46 -325 -1.00 -31 88 2.00 -165 169 -386 -39 99
Net Cash From Investing Activities		 -51 -58 -55 -74 -35 43 -82 -185 -42 -53 -43
Net Cash From Continuing Investing Activities		 -51 -58 -55 -74 -35 43 -82 -185 -42 -53 -43
Purchase of Property, Plant & Equipment		 -50 -55 -47 -43 -34 -55 -51 -41 -38 -55 -47
Sale of Property, Plant & Equipment		 1.00 - 1.00 - - - 6.00 3.00 -1.00 - 0.00
Sale and/or Maturity of Investments		 1.00 2.00 3.00 1.00 1.00 4.00 4.00 1.00 1.00 11 4.00
Other Investing Activities, net		 -3.00 -4.00 -12 -32 -2.00 95 -41 -148 -4.00 -1.00 0.00
Net Cash From Financing Activities		 -181 384 -664 -65 -65 312 -15 -90 -47 -106 -20
Net Cash From Continuing Financing Activities		 -181 384 -664 -65 -65 312 -15 -90 -47 -106 -20
Repayment of Debt		 -3.00 -4.00 -603 -1.00 -2.00 -6.00 -3.00 -75 -21 -79 -1,017
Payment of Dividends		 -178 -212 -61 -64 -63 -7.00 -12 -15 -26 -27 -3.00
Issuance of Debt		 - - - - - - 0.00 - - - 1,000

Annual Balance Sheets for CVR Energy

This table presents CVR Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 3,299 4,050 3,807 4,000 3,905 3,978 3,906 4,119 4,707 4,263 3,706
Total Current Assets		 1,274 1,316 1,078 1,293 1,274 1,402 1,369 1,593 2,179 1,824 1,267
Cash & Equivalents		 765 736 482 668 652 667 510 510 581 987 511
Accounts Receivable		 107 152 179 169 182 178 299 358 286 295 235
Inventories, net		 290 349 369 380 373 298 484 624 604 502 472
Prepaid Expenses		 104 68 48 76 67 259 76 101 59 16 29
Other Current Assets		 - - - - - - - - 649 24 20
Plant, Property, & Equipment, net		 1,967 2,672 2,588 2,430 0.00 0.00 2,273 2,247 0.00 2,176 2,050
Total Noncurrent Assets		 59 63 141 277 2,631 2,576 264 279 2,528 263 389
Other Noncurrent Operating Assets		 18 16 141 277 2,631 2,576 264 279 2,528 263 389
Total Liabilities & Shareholders' Equity		 3,299 4,050 3,807 4,000 3,905 3,978 3,906 4,119 4,707 4,263 3,706
Total Liabilities		 1,699 2,341 2,103 2,057 2,237 2,759 3,136 3,328 3,669 3,375 2,808
Total Current Liabilities		 485 566 544 496 596 659 1,156 1,439 1,682 1,098 706
Accounts Payable		 262 262 334 320 412 282 409 497 530 538 415
Other Current Liabilities		 26 219 210 176 179 369 747 936 546 560 291
Total Noncurrent Liabilities		 1,214 1,775 1,559 1,561 1,641 2,100 1,980 1,889 1,987 2,277 2,102
Long-Term Debt		 541 1,163 1,164 1,167 1,190 1,683 1,654 1,585 1,579 1,907 1,751
Noncurrent Deferred & Payable Income Tax Liabilities		 640 580 386 380 396 368 268 249 327 277 269
Other Noncurrent Operating Liabilities		 34 32 9.00 14 55 49 58 55 81 93 82
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,601 1,710 1,704 1,943 1,668 1,219 770 791 1,038 888 898
Total Preferred & Common Equity		 984 858 919 1,286 1,393 1,019 553 531 847 703 730
Preferred Stock		 - - - - - - - - - 0.00 0.00
Total Common Equity		 984 858 919 1,286 1,393 1,019 553 531 847 703 730
Common Stock		 1,176 1,199 1,198 1,475 1,508 1,511 1,511 1,509 1,509 1,509 1,509
Retained Earnings		 -189 -338 -277 -187 -113 -490 -956 -976 -660 -804 -777
Treasury Stock		 -2.30 -2.30 -2.00 -2.00 -2.00 -2.00 -2.00 -2.00 -2.00 -2.00 -2.00
Noncontrolling Interest		 616 852 785 657 275 200 217 260 191 185 168

Quarterly Balance Sheets for CVR Energy

This table presents CVR Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 4,206 4,208 4,217 4,421 4,093 4,003 3,878 4,251 3,984 3,992 3,861
Total Current Assets		 1,658 1,637 1,646 1,887 1,555 1,492 1,408 1,649 1,392 1,478 1,460
Cash & Equivalents		 618 601 751 889 644 586 534 695 596 670 512
Accounts Receivable		 320 330 300 316 253 298 281 320 245 253 329
Inventories, net		 632 609 524 610 601 543 498 585 503 509 553
Prepaid Expenses		 88 97 71 72 36 36 25 15 25 23 25
Other Current Assets		 - - - - 21 29 70 34 23 23 41
Plant, Property, & Equipment, net		 2,267 2,241 2,235 2,227 2,210 2,192 2,164 2,167 2,155 2,106 2,037
Total Noncurrent Assets		 281 330 336 307 328 319 306 435 437 408 364
Other Noncurrent Operating Assets		 281 330 336 307 328 319 306 435 437 408 364
Total Liabilities & Shareholders' Equity		 4,206 4,208 4,217 4,421 4,093 4,003 3,878 4,251 3,984 3,992 3,861
Total Liabilities		 3,435 3,279 3,240 3,269 3,026 2,962 3,022 3,480 3,318 2,951 3,126
Total Current Liabilities		 1,531 1,347 1,285 1,311 1,043 1,022 1,055 1,254 1,191 755 1,015
Accounts Payable		 557 512 466 566 551 523 464 620 462 437 532
Other Current Liabilities		 974 835 819 745 484 491 583 634 729 318 483
Total Noncurrent Liabilities		 1,904 1,932 1,955 1,958 1,983 1,940 1,967 2,226 2,127 2,196 2,111
Long-Term Debt		 1,587 1,584 1,584 1,583 1,577 1,576 1,574 1,906 1,849 1,827 1,773
Noncurrent Deferred & Payable Income Tax Liabilities		 245 251 273 276 322 278 309 228 186 274 241
Other Noncurrent Operating Liabilities		 72 97 98 99 84 86 84 92 92 95 97
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 771 929 977 1,152 1,067 1,041 856 771 666 1,041 735
Total Preferred & Common Equity		 560 675 755 957 879 849 675 580 466 840 538
Preferred Stock		 - - - - - - - - - 0.00 0.00
Total Common Equity		 560 675 755 957 879 849 675 580 466 840 538
Common Stock		 1,509 1,509 1,509 1,509 1,509 1,509 1,509 1,509 1,509 1,509 1,509
Retained Earnings		 -947 -832 -752 -550 -628 -658 -832 -927 -1,041 -667 -969
Treasury Stock		 -2.00 -2.00 -2.00 -2.00 -2.00 -2.00 -2.00 -2.00 -2.00 -2.00 -2.00
Noncontrolling Interest		 211 254 222 195 188 192 181 191 200 201 197

Annual Metrics And Ratios for CVR Energy

This table displays calculated financial ratios and metrics derived from CVR Energy's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -40.36% -11.97% 25.22% 18.97% -10.67% -38.25% 84.27% 50.46% -15.13% -17.70% -5.89%
EBITDA Growth		 -1.13% -55.58% 52.83% 102.72% 7.19% -105.45% 893.75% 208.14% 22.23% -72.54% 50.00%
EBIT Growth		 -3.70% -83.24% 104.17% 272.11% 8.41% -154.97% 131.29% 768.63% 28.33% -91.56% 95.83%
NOPAT Growth		 63.50% -85.08% 1,909.13% -55.55% -2.27% -154.51% 141.85% 693.73% 17.37% -84.88% 49.05%
Net Income Growth		 -3.75% -96.98% 2,766.67% 41.86% -1.09% -188.40% 123.13% 770.27% 36.34% -94.87% 100.00%
EPS Growth		 -2.50% -85.64% 982.14% -7.59% 35.00% -167.20% 109.84% 1,740.00% 66.30% -99.22% 350.00%
Operating Cash Flow Growth		 -16.16% -50.26% -7.12% 153.23% 18.95% -87.95% 340.00% 144.19% -1.96% -57.38% -64.36%
Free Cash Flow Firm Growth		 52.75% -240.29% 225.53% -47.69% 72.61% -140.25% 260.90% 91.36% -83.00% 591.44% -112.89%
Invested Capital Growth		 -5.41% 41.98% 11.97% 2.35% -9.46% 1.45% -14.67% -2.19% 41.13% -31.11% 18.25%
Revenue Q/Q Growth		 -13.27% 7.71% 4.17% 2.08% -2.59% -10.25% 15.89% 5.49% -4.91% -3.25% -1.86%
EBITDA Q/Q Growth		 -1.16% 49.04% 16.58% 13.52% -6.38% -132.88% 81.43% 20.04% -7.12% -17.23% -10.86%
EBIT Q/Q Growth		 -1.65% 967.47% 7.93% 30.18% -9.19% -146.97% 256.92% 28.59% -9.11% -45.14% -43.20%
NOPAT Q/Q Growth		 -5.22% 314.07% 503.94% -30.27% -13.21% -141.30% 274.19% 21.41% -8.50% -8.05% -35.43%
Net Income Q/Q Growth		 -2.71% 114.29% 573.63% -24.51% -15.62% -50.23% 346.67% 29.58% -7.87% -56.31% -63.27%
EPS Q/Q Growth		 -0.51% 187.50% 531.25% -40.04% -7.80% -76.39% 189.29% 36.90% -2.55% -91.30% -83.54%
Operating Cash Flow Q/Q Growth		 -25.63% 86.19% -33.88% 40.49% -1.06% -42.31% -3.41% 9.64% -12.47% 49.63% -40.50%
Free Cash Flow Firm Q/Q Growth		 -35.93% 23.33% 88.54% 60.61% 10.37% -42.07% 9.93% 6.46% -84.36% 949.68% -641.71%
Invested Capital Q/Q Growth		 5.25% -1.39% 23.17% 4.94% -0.54% -3.03% 2.41% 7.59% 43.12% -4.41% -2.73%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 9.22% 3.97% 4.54% 9.28% 11.03% -4.81% 3.01% 10.37% 13.77% 2.69% 4.83%
EBITDA Margin		 10.98% 5.54% 6.76% 11.52% 13.83% -1.22% 5.26% 10.77% 15.52% 5.18% 8.25%
Operating Margin		 7.76% 1.46% 2.42% 7.47% 9.11% -8.47% 1.20% 8.84% 12.14% 0.76% 2.54%
EBIT Margin		 7.91% 1.51% 2.45% 7.68% 9.32% -8.30% 1.41% 8.13% 12.30% 1.26% 2.63%
Profit (Net Income) Margin		 5.48% 0.19% 4.31% 5.14% 5.69% -8.14% 1.02% 5.91% 9.50% 0.59% 1.26%
Tax Burden Percent		 77.90% -81.82% 678.95% 82.25% 73.73% 77.11% 112.12% 80.40% 80.92% 236.84% 112.50%
Interest Burden Percent		 88.97% -15.28% 25.85% 81.35% 82.80% 127.30% 64.71% 90.41% 95.43% 19.79% 42.55%
Effective Tax Rate		 22.10% 0.00% -578.95% 17.75% 26.27% 0.00% -12.12% 19.60% 19.08% -136.84% -12.50%
Return on Invested Capital (ROIC)		 21.27% 2.70% 43.59% 18.13% 18.38% -10.47% 4.69% 40.90% 40.26% 6.16% 10.38%
ROIC Less NNEP Spread (ROIC-NNEP)		 53.81% -22.16% -88.09% 6.01% 5.79% -21.56% 2.52% 29.19% 37.97% -1.13% -0.25%
Return on Net Nonoperating Assets (RNNOA)		 -3.09% -2.15% -28.47% 1.95% 1.67% -11.70% 2.75% 41.61% 55.75% -1.48% -0.30%
Return on Equity (ROE)		 18.18% 0.54% 15.12% 20.07% 20.05% -22.17% 7.44% 82.51% 96.01% 4.67% 10.08%
Cash Return on Invested Capital (CROIC)		 26.83% -32.00% 32.30% 15.81% 28.31% -11.90% 20.52% 43.12% 6.15% 43.00% -6.35%
Operating Return on Assets (OROA)		 12.71% 1.96% 3.74% 14.01% 15.00% -8.27% 2.59% 22.08% 25.76% 2.14% 4.72%
Return on Assets (ROA)		 8.81% 0.24% 6.57% 9.38% 9.16% -8.12% 1.88% 16.05% 19.90% 1.00% 2.26%
Return on Common Equity (ROCE)		 10.95% 0.30% 7.87% 12.14% 14.88% -18.52% 5.88% 57.30% 72.33% 3.76% 8.09%
Return on Equity Simple (ROE_SIMPLE)		 30.26% 1.05% 28.07% 28.46% 25.99% -31.40% 13.38% 121.28% 103.66% 6.40% 0.00%
Net Operating Profit after Tax (NOPAT)		 328 49 984 438 428 -233 98 774 909 137 205
NOPAT Margin		 6.05% 1.02% 16.44% 6.14% 6.72% -5.93% 1.35% 7.11% 9.83% 1.81% 2.86%
Net Nonoperating Expense Percent (NNEP)		 -32.53% 24.86% 131.68% 12.12% 12.59% 11.09% 2.17% 11.71% 2.29% 7.28% 10.63%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 32.50% 28.20% 4.89% 7.73%
Cost of Revenue to Revenue		 90.78% 96.03% 95.46% 90.72% 88.97% 104.81% 96.99% 89.63% 86.23% 97.31% 95.17%
SG&A Expenses to Revenue		 1.82% 2.30% 1.89% 1.57% 1.84% 2.19% 1.64% 1.37% 1.52% 1.83% 2.07%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 1.46% 2.51% 2.12% 1.81% 1.92% 3.66% 1.81% 1.53% 1.62% 1.93% 2.29%
Earnings before Interest and Taxes (EBIT)		 430 72 147 547 593 -326 102 886 1,137 96 188
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 597 265 405 821 880 -48 381 1,174 1,435 394 591
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.20 1.00 1.49 1.23 1.42 0.75 1.95 4.89 3.42 2.68 3.50
Price to Tangible Book Value (P/TBV)		 1.25 1.05 1.49 1.23 1.42 0.75 1.95 4.89 3.42 2.68 3.50
Price to Revenue (P/Rev)		 0.22 0.18 0.23 0.22 0.31 0.19 0.15 0.24 0.31 0.25 0.36
Price to Earnings (P/E)		 6.97 34.32 5.22 6.09 5.20 0.00 43.04 5.61 3.76 269.13 94.72
Dividend Yield		 14.70% 20.24% 12.65% 15.95% 15.51% 36.15% 22.42% 13.39% 6.95% 10.67% 0.00%
Earnings Yield		 14.36% 2.91% 19.16% 16.43% 19.22% 0.00% 2.32% 17.82% 26.58% 0.37% 1.06%
Enterprise Value to Invested Capital (EV/IC)		 1.13 1.00 1.19 1.12 1.26 0.89 1.27 2.10 1.77 1.65 1.85
Enterprise Value to Revenue (EV/Rev)		 0.31 0.45 0.47 0.38 0.44 0.51 0.34 0.36 0.51 0.39 0.55
Enterprise Value to EBITDA (EV/EBITDA)		 2.85 8.04 7.01 3.33 3.18 0.00 6.40 3.35 3.27 7.62 6.71
Enterprise Value to EBIT (EV/EBIT)		 3.95 29.60 19.32 4.99 4.71 0.00 23.89 4.45 4.12 31.26 21.09
Enterprise Value to NOPAT (EV/NOPAT)		 5.17 43.49 2.88 6.24 6.54 0.00 24.98 5.09 5.16 21.85 19.37
Enterprise Value to Operating Cash Flow (EV/OCF)		 3.16 7.98 11.45 4.35 3.74 22.10 6.15 4.07 4.95 7.43 27.54
Enterprise Value to Free Cash Flow (EV/FCFF)		 4.10 0.00 3.89 7.16 4.24 0.00 5.71 4.83 33.79 3.13 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.42 0.68 0.68 0.60 0.72 1.39 2.15 2.01 2.11 2.16 1.95
Long-Term Debt to Equity		 0.34 0.68 0.68 0.60 0.71 1.38 2.15 2.00 1.52 2.15 1.95
Financial Leverage		 -0.06 0.10 0.32 0.32 0.29 0.54 1.09 1.43 1.47 1.32 1.21
Leverage Ratio		 2.06 2.22 2.30 2.14 2.19 2.73 3.96 5.14 4.83 4.66 4.46
Compound Leverage Factor		 1.84 -0.34 0.60 1.74 1.81 3.48 2.56 4.65 4.60 0.92 1.90
Debt to Total Capital		 29.37% 40.48% 40.59% 37.52% 41.74% 58.11% 68.23% 66.79% 67.79% 68.36% 66.10%
Short-Term Debt to Total Capital		 5.51% 0.00% 0.00% 0.00% 0.17% 0.27% 0.00% 0.25% 18.80% 0.43% 0.00%
Long-Term Debt to Total Capital		 23.86% 40.48% 40.59% 37.52% 41.56% 57.84% 68.23% 66.54% 48.99% 67.94% 66.10%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 27.20% 29.64% 27.37% 21.13% 9.61% 6.87% 8.95% 10.92% 5.93% 6.59% 6.34%
Common Equity to Total Capital		 43.43% 29.87% 32.04% 41.35% 48.66% 35.02% 22.81% 22.29% 26.28% 25.04% 27.56%
Debt to EBITDA		 1.12 4.39 2.87 1.42 1.36 -35.23 4.34 1.36 1.52 4.87 2.96
Net Debt to EBITDA		 -0.17 1.59 1.68 0.61 0.62 -21.33 3.00 0.92 1.12 2.37 2.10
Long-Term Debt to EBITDA		 0.91 4.39 2.87 1.42 1.35 -35.06 4.34 1.35 1.10 4.84 2.96
Debt to NOPAT		 2.03 23.73 1.18 2.67 2.79 -7.25 16.96 2.05 2.40 13.97 8.55
Net Debt to NOPAT		 -0.30 8.60 0.69 1.14 1.27 -4.39 11.73 1.40 1.77 6.78 6.06
Long-Term Debt to NOPAT		 1.65 23.73 1.18 2.67 2.78 -7.22 16.96 2.05 1.74 13.88 8.55
Altman Z-Score		 2.70 1.56 2.16 2.87 2.83 0.94 1.87 3.54 3.17 2.13 2.53
Noncontrolling Interest Sharing Ratio		 39.79% 44.35% 47.94% 39.54% 25.81% 16.45% 20.97% 30.56% 24.66% 19.52% 19.76%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 2.63 2.32 1.98 2.61 2.14 2.13 1.18 1.11 1.30 1.66 1.79
Quick Ratio		 1.80 1.57 1.22 1.69 1.40 1.28 0.70 0.60 0.52 1.17 1.06
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 414 -581 729 382 659 -265 427 816 139 959 -125
Operating Cash Flow to CapEx		 245.56% 200.75% 206.67% 621.78% 889.29% 73.17% 182.49% 506.28% 462.44% 225.70% 77.84%
Free Cash Flow to Firm to Interest Expense		 8.56 -7.00 6.69 3.74 6.46 -2.04 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 11.09 3.22 2.28 6.16 7.32 0.69 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 6.57 1.61 1.17 5.17 6.50 -0.25 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.61 1.30 1.52 1.83 1.61 1.00 1.84 2.72 2.10 1.70 1.80
Accounts Receivable Turnover		 37.65 36.88 36.19 40.94 36.26 21.83 30.36 33.17 28.72 26.20 27.03
Inventory Turnover		 15.92 14.37 15.92 17.26 15.04 12.28 17.96 17.63 12.99 13.39 14.00
Fixed Asset Turnover		 2.80 2.06 2.28 2.84 0.00 0.00 0.00 4.82 0.00 0.00 3.39
Accounts Payable Turnover		 18.38 17.56 19.19 19.76 15.47 11.87 20.33 21.56 15.53 13.87 14.30
Days Sales Outstanding (DSO)		 9.70 9.90 10.09 8.91 10.07 16.72 12.02 11.00 12.71 13.93 13.51
Days Inventory Outstanding (DIO)		 22.93 25.40 22.93 21.15 24.27 29.73 20.32 20.71 28.11 27.26 26.08
Days Payable Outstanding (DPO)		 19.85 20.79 19.02 18.47 23.59 30.75 17.95 16.93 23.50 26.32 25.52
Cash Conversion Cycle (CCC)		 12.77 14.51 14.00 11.60 10.74 15.70 14.38 14.78 17.31 14.87 14.07
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,501 2,131 2,386 2,442 2,211 2,243 1,914 1,872 2,642 1,820 2,138
Invested Capital Turnover		 3.52 2.63 2.65 2.95 2.74 1.76 3.48 5.76 4.10 3.41 3.63
Increase / (Decrease) in Invested Capital		 -86 630 255 56 -231 32 -329 -42 770 -822 330
Enterprise Value (EV)		 1,698 2,131 2,839 2,732 2,795 1,989 2,437 3,939 4,688 3,001 3,965
Market Capitalization		 1,181 858 1,372 1,576 1,977 765 1,076 2,598 2,893 1,884 2,557
Book Value per Share		 $11.33 $9.88 $10.58 $12.79 $13.86 $10.14 $5.50 $5.28 $8.43 $6.99 $7.26
Tangible Book Value per Share		 $10.86 $9.41 $10.58 $12.79 $13.86 $10.14 $5.50 $5.28 $8.43 $6.99 $7.26
Total Capital		 2,266 2,872 2,868 3,110 2,863 2,910 2,424 2,382 3,223 2,807 2,649
Total Debt		 666 1,163 1,164 1,167 1,195 1,691 1,654 1,591 2,185 1,919 1,751
Total Long-Term Debt		 541 1,163 1,164 1,167 1,190 1,683 1,654 1,585 1,579 1,907 1,751
Net Debt		 -100 421 682 499 543 1,024 1,144 1,081 1,604 932 1,240
Capital Expenditures (CapEx)		 219 133 120 101 84 123 217 191 205 179 185
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 149 14 52 129 31 84 -297 -350 522 -249 50
Debt-free Net Working Capital (DFNWC)		 914 750 534 797 683 751 213 160 1,103 738 561
Net Working Capital (NWC)		 789 750 534 797 678 743 213 154 497 726 561
Net Nonoperating Expense (NNE)		 31 40 726 72 66 87 24 130 31 92 115
Net Nonoperating Obligations (NNO)		 -100 421 682 499 543 1,024 1,144 1,081 1,604 932 1,240
Total Depreciation and Amortization (D&A)		 167 193 258 274 287 278 279 288 298 298 403
Debt-free, Cash-free Net Working Capital to Revenue		 2.74% 0.29% 0.87% 1.81% 0.49% 2.14% -4.10% -3.21% 5.65% -3.27% 0.70%
Debt-free Net Working Capital to Revenue		 16.82% 15.68% 8.92% 11.19% 10.73% 19.11% 2.94% 1.47% 11.93% 9.70% 7.83%
Net Working Capital to Revenue		 14.52% 15.68% 8.92% 11.19% 10.65% 18.91% 2.94% 1.41% 5.37% 9.54% 7.83%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.95 $0.28 $2.70 $3.12 $3.78 ($2.54) $0.25 $4.60 $7.65 $0.06 $0.27
Adjusted Weighted Average Basic Shares Outstanding		 86.80M 86.83M 86.83M 100.53M 100.53M 100.53M 100.50M 100.50M 100.50M 100.50M 100.50M
Adjusted Diluted Earnings per Share		 $1.95 $0.28 $2.70 $3.12 $3.78 ($2.54) $0.25 $4.60 $7.65 $0.06 $0.27
Adjusted Weighted Average Diluted Shares Outstanding		 86.80M 86.83M 86.83M 100.53M 100.53M 100.53M 100.50M 100.50M 100.50M 100.50M 100.50M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $2.70 $3.12 $3.78 ($2.54) $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 86.83M 86.80M 86.80M 92.50M 100.50M 100.50M 100.53M 100.53M 100.53M 100.53M 100.53M
Normalized Net Operating Profit after Tax (NOPAT)		 307 50 104 442 425 -200 63 783 910 41 127
Normalized NOPAT Margin		 5.65% 1.04% 1.73% 6.21% 6.67% -5.08% 0.87% 7.19% 9.85% 0.53% 1.78%
Pre Tax Income Margin		 7.04% -0.23% 0.63% 6.25% 7.72% -10.56% 0.91% 7.35% 11.73% 0.25% 1.12%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 8.88 0.87 1.35 5.36 5.81 -2.51 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 6.79 0.59 9.03 4.29 4.19 -1.79 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 4.36 -0.73 0.25 4.37 4.99 -3.45 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 2.27 -1.01 7.93 3.30 3.37 -2.74 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 125.39% 1,933.33% 86.43% 90.44% 175.97% -37.81% 367.57% 95.03% 71.87% 433.33% 88.89%
Augmented Payout Ratio		 125.39% 1,933.33% 86.43% 90.44% 175.97% -40.00% 368.92% 96.89% 71.87% 433.33% 88.89%

Quarterly Metrics And Ratios for CVR Energy

This table displays calculated financial ratios and metrics derived from CVR Energy's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - - - - - 100,530,599.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 100,530,599.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - -1.91
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -6.56% -17.80% -18.50% -12.03% -27.32% -11.62% -11.65% -10.47% 6.06% -6.99% 20.29%
EBITDA Growth		 192.27% -35.03% -49.38% -65.45% -106.62% -40.20% -130.05% -123.08% 1,888.57% -59.02% 14.75%
EBIT Growth		 323.58% -47.30% -61.86% -86.40% -124.50% -62.20% -201.57% -429.03% 567.27% -297.92% -1.55%
NOPAT Growth		 279.74% -45.64% -61.87% -51.83% -121.99% -70.82% -188.64% -184.33% 630.80% -329.74% -10.69%
Net Income Growth		 342.50% -43.60% -65.25% -77.38% -134.46% -59.79% -216.67% -336.84% 428.69% -397.44% -52.38%
EPS Growth		 281.52% -18.02% -58.25% -83.72% -135.33% -69.23% -250.62% -642.86% 400.00% -489.29% -56.56%
Operating Cash Flow Growth		 137.18% -136.36% -28.34% -77.93% -87.03% 372.22% -210.17% 117.28% 239.58% 0.00% 132.82%
Free Cash Flow Firm Growth		 13.39% -395.84% -94.97% -217.13% -154.05% 227.10% -980.94% 133.38% 191.80% -146.01% -75.80%
Invested Capital Growth		 6.09% 41.13% 5.02% 12.65% 3.14% -31.11% -1.29% -5.89% 15.44% 18.25% 0.71%
Revenue Q/Q Growth		 12.79% -12.65% -15.43% 5.58% -6.81% 6.22% -15.46% 6.99% 10.39% -6.84% 9.33%
EBITDA Q/Q Growth		 75.75% -61.44% -0.49% -48.77% -133.65% 448.57% -150.00% 60.66% 2,708.33% -92.01% -204.00%
EBIT Q/Q Growth		 96.93% -71.71% 0.00% -75.59% -454.84% 143.64% -368.75% 20.93% 603.92% -118.48% -37.89%
NOPAT Q/Q Growth		 102.61% -72.13% 3.22% -17.36% -192.51% 136.98% -413.50% 21.37% 682.33% -116.01% -51.04%
Net Income Q/Q Growth		 110.71% -72.60% -7.22% -57.78% -421.05% 131.97% -369.23% 14.29% 545.56% -128.93% -37.93%
EPS Q/Q Growth		 172.09% -74.07% -10.99% -74.07% -690.48% 122.58% -535.71% 6.56% 426.32% -129.30% -75.23%
Operating Cash Flow Q/Q Growth		 0.82% -109.73% 591.67% -54.24% -40.74% 104.17% -298.98% 190.26% -7.39% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 107.05% -364.04% 101.11% -2,024.12% 4.46% 720.90% -107.72% 172.91% 162.76% -415.59% 70.92%
Invested Capital Q/Q Growth		 1.99% 43.12% -24.00% 1.54% -6.62% -4.41% 8.90% -3.18% 14.54% -2.73% -6.64%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 19.23% 7.26% 8.64% 2.90% -3.87% 2.98% -5.53% -3.75% 28.81% -3.15% -5.20%
EBITDA Margin		 20.98% 9.26% 10.90% 5.29% -1.91% 6.27% -3.71% -1.36% 32.20% 2.76% -2.63%
Operating Margin		 17.64% 5.63% 6.60% 1.37% -6.16% 1.08% -7.96% -5.85% 26.34% -5.30% -7.32%
EBIT Margin		 17.80% 5.76% 6.82% 1.58% -6.00% 2.47% -7.84% -5.79% 26.44% -5.25% -6.62%
Profit (Net Income) Margin		 14.04% 4.40% 4.83% 1.93% -6.66% 2.00% -6.38% -5.11% 20.63% -6.41% -8.08%
Tax Burden Percent		 80.82% 80.83% 84.11% 316.67% 95.31% 139.29% 68.18% 68.18% 82.00% 94.31% 84.66%
Interest Burden Percent		 97.55% 94.49% 84.25% 38.71% 116.36% 58.33% 119.38% 129.41% 95.14% 129.47% 144.27%
Effective Tax Rate		 19.18% 19.17% 15.89% -216.67% 0.00% -39.29% 0.00% 0.00% 18.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 77.34% 18.64% 25.00% 19.32% -18.10% 5.12% -20.65% -14.87% 76.85% -13.47% -19.32%
ROIC Less NNEP Spread (ROIC-NNEP)		 76.66% 18.40% 23.60% 14.13% -23.03% 5.89% -21.88% -16.46% 75.14% -17.99% -24.05%
Return on Net Nonoperating Assets (RNNOA)		 66.30% 27.01% 22.75% 12.82% -19.98% 7.76% -25.62% -21.70% 87.34% -21.76% -39.48%
Return on Equity (ROE)		 143.64% 45.65% 47.75% 32.15% -38.08% 12.88% -46.26% -36.57% 164.19% -35.22% -58.80%
Cash Return on Invested Capital (CROIC)		 49.48% 6.15% 32.88% 20.05% 4.87% 43.00% -5.57% -5.47% 1.13% -6.35% 5.87%
Operating Return on Assets (OROA)		 40.13% 12.08% 14.49% 3.28% -11.38% 4.18% -13.89% -10.42% 49.04% -9.43% -12.23%
Return on Assets (ROA)		 31.64% 9.23% 10.27% 4.02% -12.62% 3.40% -11.30% -9.20% 38.26% -11.51% -14.93%
Return on Common Equity (ROCE)		 113.31% 34.40% 37.18% 25.55% -30.95% 10.37% -36.72% -28.17% 131.13% -28.26% -43.65%
Return on Equity Simple (ROE_SIMPLE)		 99.58% 0.00% 80.66% 68.20% 15.26% 0.00% -25.86% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 360 100 103 86 -79 29 -92 -72 420 -67 -102
NOPAT Margin		 14.26% 4.55% 5.55% 4.35% -4.32% 1.50% -5.57% -4.09% 21.60% -3.71% -5.13%
Net Nonoperating Expense Percent (NNEP)		 0.68% 0.24% 1.40% 5.19% 4.93% -0.77% 1.24% 1.59% 1.71% 4.52% 4.73%
Return On Investment Capital (ROIC_SIMPLE)		 - 3.11% - - - 1.04% -3.43% -2.87% 14.64% -2.54% -4.05%
Cost of Revenue to Revenue		 80.77% 92.74% 91.36% 97.10% 103.87% 97.02% 105.53% 103.75% 71.19% 103.15% 105.20%
SG&A Expenses to Revenue		 1.51% 1.45% 1.93% 1.42% 2.18% 1.80% 2.25% 2.04% 2.16% 1.82% 1.97%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 1.59% 1.63% 2.04% 1.53% 2.29% 1.90% 2.43% 2.10% 2.47% 2.15% 2.12%
Earnings before Interest and Taxes (EBIT)		 449 127 127 31 -110 48 -129 -102 514 -95 -131
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 529 204 203 104 -35 122 -61 -24 626 50 -52
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 3.18 3.42 3.93 3.11 3.43 2.68 3.36 5.79 4.37 3.50 6.29
Price to Tangible Book Value (P/TBV)		 3.18 3.42 3.93 3.11 3.43 2.68 3.36 5.79 4.37 3.50 6.29
Price to Revenue (P/Rev)		 0.31 0.31 0.39 0.31 0.29 0.25 0.26 0.38 0.50 0.36 0.45
Price to Earnings (P/E)		 3.86 3.76 5.27 4.83 33.07 269.13 0.00 0.00 22.23 94.72 0.00
Dividend Yield		 7.60% 6.95% 5.82% 7.62% 8.68% 10.67% 10.31% 7.45% 0.00% 0.00% 0.00%
Earnings Yield		 25.92% 26.58% 18.98% 20.72% 3.02% 0.37% 0.00% 0.00% 4.50% 1.06% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 2.13 1.77 2.28 1.88 1.86 1.65 1.69 2.16 2.29 1.85 2.43
Enterprise Value to Revenue (EV/Rev)		 0.40 0.51 0.52 0.45 0.45 0.39 0.45 0.58 0.69 0.55 0.65
Enterprise Value to EBITDA (EV/EBITDA)		 2.55 3.27 3.71 3.68 7.45 7.62 25.79 2,076.12 7.58 6.71 8.07
Enterprise Value to EBIT (EV/EBIT)		 3.14 4.12 4.93 5.22 20.25 31.26 0.00 0.00 15.18 21.09 26.03
Enterprise Value to NOPAT (EV/NOPAT)		 3.96 5.16 6.19 6.23 23.72 21.85 0.00 0.00 15.85 19.37 37.05
Enterprise Value to Operating Cash Flow (EV/OCF)		 3.63 4.95 5.22 6.47 13.13 7.43 104.76 32.69 20.77 27.54 12.01
Enterprise Value to Free Cash Flow (EV/FCFF)		 4.43 33.79 7.12 9.92 38.78 3.13 0.00 0.00 217.35 0.00 41.49
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.37 2.11 1.49 1.52 1.85 2.16 2.47 2.78 1.76 1.95 2.41
Long-Term Debt to Equity		 1.37 1.52 1.48 1.51 1.84 2.15 2.47 2.78 1.76 1.95 2.41
Financial Leverage		 0.86 1.47 0.96 0.91 0.87 1.32 1.17 1.32 1.16 1.21 1.64
Leverage Ratio		 4.49 4.83 4.16 4.07 4.13 4.66 4.54 4.68 4.15 4.46 5.39
Compound Leverage Factor		 4.38 4.56 3.50 1.58 4.81 2.72 5.42 6.06 3.95 5.78 7.77
Debt to Total Capital		 57.88% 67.79% 59.77% 60.34% 64.89% 68.36% 71.20% 73.52% 63.70% 66.10% 70.69%
Short-Term Debt to Total Capital		 0.00% 18.80% 0.30% 0.30% 0.33% 0.43% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 57.88% 48.99% 59.46% 60.04% 64.56% 67.94% 71.20% 73.52% 63.70% 66.10% 70.69%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 7.13% 5.93% 7.09% 7.31% 7.42% 6.59% 7.13% 7.95% 7.01% 6.34% 7.85%
Common Equity to Total Capital		 34.99% 26.28% 33.14% 32.34% 27.69% 25.04% 21.67% 18.53% 29.29% 27.56% 21.45%
Debt to EBITDA		 1.02 1.52 1.28 1.52 3.32 4.87 14.66 924.50 2.76 2.96 2.96
Net Debt to EBITDA		 0.45 1.12 0.76 0.96 2.20 2.37 9.32 626.50 1.75 2.10 2.10
Long-Term Debt to EBITDA		 1.02 1.10 1.27 1.52 3.31 4.84 14.66 924.50 2.76 2.96 2.96
Debt to NOPAT		 1.59 2.40 2.14 2.58 10.59 13.97 -13.89 -8.10 5.76 8.55 13.57
Net Debt to NOPAT		 0.70 1.77 1.27 1.62 7.01 6.78 -8.83 -5.49 3.65 6.06 9.65
Long-Term Debt to NOPAT		 1.59 1.74 2.13 2.56 10.54 13.88 -13.89 -8.10 5.76 8.55 13.57
Altman Z-Score		 3.08 2.46 2.88 2.61 2.20 2.10 1.78 1.90 2.98 2.28 2.27
Noncontrolling Interest Sharing Ratio		 21.11% 24.66% 22.14% 20.52% 18.73% 19.52% 20.62% 22.96% 20.14% 19.76% 25.76%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.44 1.30 1.49 1.46 1.33 1.66 1.32 1.17 1.96 1.79 1.44
Quick Ratio		 0.92 0.52 0.86 0.87 0.77 1.17 0.81 0.71 1.22 1.06 0.83
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 254 -670 7.46 -144 -137 851 -66 48 126 -397 -116
Operating Cash Flow to CapEx		 755.10% -65.45% 384.78% 188.37% 141.18% 178.18% -433.33% 463.16% 417.95% 0.00% 136.17%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 2.25 2.10 2.13 2.08 1.90 1.70 1.77 1.80 1.85 1.80 1.85
Accounts Receivable Turnover		 30.58 28.72 30.27 28.61 26.35 26.20 25.80 26.47 27.33 27.03 23.10
Inventory Turnover		 13.40 12.99 12.83 14.42 13.64 13.39 12.55 14.07 13.58 14.00 12.59
Fixed Asset Turnover		 4.33 0.00 3.97 3.86 3.58 0.00 3.38 3.31 3.42 3.39 3.57
Accounts Payable Turnover		 14.82 15.53 14.60 15.56 14.68 13.87 12.71 14.94 15.18 14.30 12.43
Days Sales Outstanding (DSO)		 11.94 12.71 12.06 12.76 13.85 13.93 14.14 13.79 13.35 13.51 15.80
Days Inventory Outstanding (DIO)		 27.23 28.11 28.45 25.32 26.75 27.26 29.09 25.95 26.88 26.08 29.00
Days Payable Outstanding (DPO)		 24.62 23.50 25.00 23.47 24.87 26.32 28.72 24.43 24.05 25.52 29.35
Cash Conversion Cycle (CCC)		 14.55 17.31 15.51 14.61 15.73 14.87 14.51 15.30 16.18 14.07 15.44
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,846 2,642 2,008 2,039 1,904 1,820 1,982 1,919 2,198 2,138 1,996
Invested Capital Turnover		 5.42 4.10 4.50 4.45 4.20 3.41 3.71 3.63 3.56 3.63 3.77
Increase / (Decrease) in Invested Capital		 106 770 96 229 58 -822 -26 -120 294 330 14
Enterprise Value (EV)		 3,933 4,688 4,586 3,830 3,544 3,001 3,352 4,152 5,025 3,965 4,841
Market Capitalization		 3,044 2,893 3,457 2,640 2,315 1,884 1,950 2,699 3,667 2,557 3,383
Book Value per Share		 $9.52 $8.43 $8.75 $8.45 $6.71 $6.99 $5.77 $4.64 $8.36 $7.26 $5.35
Tangible Book Value per Share		 $9.52 $8.43 $8.75 $8.45 $6.71 $6.99 $5.77 $4.64 $8.36 $7.26 $5.35
Total Capital		 2,735 3,223 2,652 2,625 2,438 2,807 2,677 2,515 2,868 2,649 2,508
Total Debt		 1,583 2,185 1,585 1,584 1,582 1,919 1,906 1,849 1,827 1,751 1,773
Total Long-Term Debt		 1,583 1,579 1,577 1,576 1,574 1,907 1,906 1,849 1,827 1,751 1,773
Net Debt		 694 1,604 941 998 1,048 932 1,211 1,253 1,157 1,240 1,261
Capital Expenditures (CapEx)		 49 55 46 43 34 55 45 38 39 55 47
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -313 522 -124 -108 -173 -249 -300 -395 53 50 -67
Debt-free Net Working Capital (DFNWC)		 576 1,103 520 478 361 738 395 201 723 561 445
Net Working Capital (NWC)		 576 497 512 470 353 726 395 201 723 561 445
Net Nonoperating Expense (NNE)		 5.66 3.23 13 48 43 -9.75 13 18 19 49 59
Net Nonoperating Obligations (NNO)		 694 1,604 941 998 1,048 932 1,211 1,253 1,157 1,240 1,261
Total Depreciation and Amortization (D&A)		 80 77 76 73 75 74 68 78 112 145 79
Debt-free, Cash-free Net Working Capital to Revenue		 -3.22% 5.65% -1.41% -1.26% -2.20% -3.27% -4.06% -5.50% 0.73% 0.70% -0.89%
Debt-free Net Working Capital to Revenue		 5.92% 11.93% 5.89% 5.59% 4.59% 9.70% 5.34% 2.80% 9.91% 7.83% 5.94%
Net Working Capital to Revenue		 5.92% 5.37% 5.80% 5.49% 4.49% 9.54% 5.34% 2.80% 9.91% 7.83% 5.94%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $3.51 $0.91 $0.81 $0.21 ($1.24) $0.28 ($1.22) ($1.14) $3.72 ($1.09) ($1.91)
Adjusted Weighted Average Basic Shares Outstanding		 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M
Adjusted Diluted Earnings per Share		 $3.51 $0.91 $0.81 $0.21 ($1.24) $0.28 ($1.22) ($1.14) $3.72 ($1.09) ($1.91)
Adjusted Weighted Average Diluted Shares Outstanding		 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M 100.50M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 100.53M 100.53M 100.53M 100.53M 100.53M 100.53M 100.53M 100.53M 100.53M 100.53M 100.53M
Normalized Net Operating Profit after Tax (NOPAT)		 360 101 104 19 -79 14 -91 -73 420 -67 -102
Normalized NOPAT Margin		 14.29% 4.59% 5.60% 0.96% -4.32% 0.72% -5.53% -4.13% 21.60% -3.71% -5.13%
Pre Tax Income Margin		 17.37% 5.45% 5.74% 0.61% -6.98% 1.44% -9.36% -7.50% 25.15% -6.79% -9.55%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 59.92% 71.87% 80.68% 88.95% 388.35% 433.33% -97.33% -34.89% 24.49% 88.89% 202.86%
Augmented Payout Ratio		 59.92% 71.87% 80.68% 88.95% 388.35% 433.33% -97.33% -34.89% 24.49% 88.89% 202.86%

Financials Breakdown Chart

Key Financial Trends

CVR Energy’s recent financials show a sharp deterioration in profitability in 2025 and early 2026 after a much stronger 2023 performance. Revenue has been fairly steady to slightly lower, but margins have compressed dramatically, turning the business back into quarterly losses. Cash flow has also become more uneven, and the balance sheet shows higher leverage than in prior periods.

  • Q1 2026 operating cash flow remained positive at $64 million, showing the business is still generating cash from operations despite reporting a net loss.
  • Cash & equivalents increased slightly in Q1 2026 to $512 million, with net cash up by $1 million during the quarter.
  • Debt was actively managed in Q1 2026, with $1.017 billion of debt repayment offset by $1.0 billion of new debt issuance, suggesting refinancing rather than outright distress.
  • Q3 2025 was a standout quarter, with $401 million of net income and $163 million of operating cash flow, showing the company can still produce strong results under favorable conditions.
  • In 2023, profitability was much stronger overall, with multiple quarters of solid earnings and robust operating cash flow, indicating the business can be highly cyclical rather than structurally unprofitable.
  • Revenue has been relatively stable in recent quarters, ranging from about $1.8 billion to $2.0 billion in late 2025 and early 2026, so the issue appears more margin-related than purely top-line related.
  • Inventory and receivables remain sizable, which is typical for an industrial/refining business but also means working capital swings can have a large effect on quarterly cash flow.
  • The company carries meaningful noncontrolling interests, which reduces the amount of reported earnings attributable to common shareholders.
  • Q1 2026 net loss widened to $160 million, or -$1.91 per share, versus a loss of $116 million in Q4 2025.
  • Margins were deeply negative in Q1 2026: revenue was $1.98 billion, but cost of revenue was $2.083 billion, producing a $103 million gross loss.
  • Operating income stayed negative at $145 million in Q1 2026, extending the weak profitability trend from Q4 2025 and Q2 2025.
  • Debt remains high relative to equity, with $1.773 billion of long-term debt and total liabilities of $3.126 billion against just $538 million of common equity in Q1 2026.
  • Equity has eroded over the last year, with total common equity falling from $840 million in Q3 2025 to $538 million in Q1 2026, largely due to retained earnings losses.
  • Q1 2025 was also weak on a cash basis, with operating cash flow of -$195 million, showing that not every quarter benefits from the company’s historically cyclical cash generation.
  • Fourth-quarter 2025 and first-quarter 2026 results were both loss-making, suggesting the strong Q3 2025 rebound may not have been sustained.

Bottom line: CVR Energy looks like a classic cyclical operator with the ability to generate strong cash and earnings in good periods, but the most recent results point to significant volatility and weak current profitability. The balance sheet is still functioning, but leverage and shrinking equity make execution and margin recovery especially important going forward.

06/09/26 04:10 PM ETAI Generated. May Contain Errors.

CVR Energy Financials - Frequently Asked Questions

According to the most recent income statement we have on file, CVR Energy's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

CVR Energy's net income appears to be on an upward trend, with a most recent value of $90 million in 2025, falling from $297.80 million in 2015. The previous period was $45 million in 2024. See CVR Energy's forecast for analyst expectations on what's next for the company.

CVR Energy's total operating income in 2025 was $182 million, based on the following breakdown:
  • Total Gross Profit: $346 million
  • Total Operating Expenses: $164 million

Over the last 10 years, CVR Energy's total revenue changed from $5.43 billion in 2015 to $7.16 billion in 2025, a change of 31.8%.

CVR Energy's total liabilities were at $2.81 billion at the end of 2025, a 16.8% decrease from 2024, and a 65.3% increase since 2015.

In the past 10 years, CVR Energy's cash and equivalents has ranged from $482 million in 2017 to $987 million in 2024, and is currently $511 million as of their latest financial filing in 2025.

Over the last 10 years, CVR Energy's book value per share changed from 11.33 in 2015 to 7.26 in 2025, a change of -35.9%.


Related Companies

Financial statements for NYSE:CVI last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
June 12: $100 Turns Into $100,000?
The SpaceX IPO is scheduled for June 12, and former tech executive Jeff Brown - who identified Bitcoin, Tesla,...
Brownstone Research | Sponsoredtc pixel
Louis Navellier: My #1 AI stock for 2026 (name & ticker inside)
Louis Navellier's Stock Grader system helped him flag Nvidia before its 82,000% run and has identified the top...
InvestorPlace | Sponsoredtc pixel
Your book attached
Your Download Link (Expiring) If you still haven't downloaded the free Simple Options Trading For Beginners...
Profits Run | Sponsoredtc pixel
SpaceX just filed. The clock is ticking.
Reuters reports Elon Musk filed secretly. Barron's says it's being finalized behind closed doors. CNBC just re...
The Oxford Club | Sponsoredtc pixel
My feud with Zohran Mamdani
Emmy-winning analyst releases his next big story Whitney Tilson shocked the nation on 60 Minutes when he ac...
Stansberry Research | Sponsoredtc pixel
SpaceX will mint billionaires. You won't be one of them.
By the time a company goes public, 95% of profits have already been made. Insiders bought SpaceX at $20 billio...
Behind the Markets | Sponsoredtc pixel
Read now. Do not delete. You’ve been warned.
Three Nobel Prize Winners expose this once-in-a-generation wealth shift: “Don’t Say I Didn’t Warn You” P...
Porter & Company | Sponsoredtc pixel
Hey, it's Jon Najarian. The SpaceX IPO is right around the corner. But I discovered Elon may have something BIGGER planned. Check this out before June 9th...
After being invited to the SpaceX launch headquarters in Cape Canaveral from one of Elon's top lobbyists… Hall...
Banyan Hill Publishing | Sponsoredtc pixel