CVINYSEPetroleum RefiningFiscal year ends December 31
CVR ENERGY INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$59.89−1.53 (-2.49%)
Close on Oct 19, 2026
- Market cap
- $6.02B
- P/E (TTM)
- 86.8
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
4.8%+9.6 pts over 5 years
Operating margin
2.5%+11.0 pts over 5 years
Net margin
0.4%+6.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -5.9% | -13.1% | +12.8% | +2.8% | |
| Gross profit | +68.8% | -32.6% | – | -3.6% | |
| Operating income | +213.8% | -42.6% | – | -8.1% | |
| Net income | +285.7% | -61.2% | – | -16.8% | |
| EPS, diluted | +350.0% | -61.1% | – | -17.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 2.7% | -21.2% | 3.8% | |
| Return on assets | 0.7% | -6.5% | 0.7% | |
| Current ratio | 2.32 | 2.13 | 1.79 | |
| Debt to equity | 1.36 | 1.66 | 2.42 | |
| Net debt to EBITDA | 1.63× | -18.49× | 2.14× | |
| Interest coverage | 0.8× | – | 1.3× | |
| Inventory turnover | 14.4× | 12.3× | 14.0× | |
| Capex to revenue | 2.8% | 3.2% | 2.6% | |
| Diluted shares | 0M | 101M | 101M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Cvr Energy generated $2.86B from operations and spent $2.33B on capital expenditure, dividends and share buybacks. 42% of that went back into the business.
Generated
$2.86B
Used
$2.33B
Capital expenditure$984.00M42%Dividends$1.33B57%Share buybacks$13.00M1%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.4%
×Asset turnover1.80×
×Equity multiplier5.56×
=Return on equity, FY20253.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.4% | 1.80× | 5.56× | 3.8% |
| FY2024 | 0.1% | 1.70× | 5.79× | 0.9% |
| FY2023 | 8.3% | 2.10× | 6.40× | 111.6% |
| FY2022 | 4.2% | 2.72× | 7.40× | 85.4% |
| FY2021 | 0.3% | 1.84× | 5.02× | 3.2% |
| FY2020 | -6.5% | 1.00× | 3.27× | -21.2% |
| FY2019 | 6.0% | 1.61× | 2.95× | 28.4% |
| FY2018 | 3.6% | 1.83× | 3.54× | 23.5% |
| FY2017 | 4.4% | 1.52× | 4.42× | 29.6% |
| FY2016 | 0.5% | 1.30× | 3.99× | 2.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$27.00M
- Cash generatingOperating cash flow above zero$144.00M
- Return on assets improvedROA up on the prior year0.1% → 0.6%
- Earnings backed by cashOperating cash flow above net income$144.00M vs $27.00M
- Less leverageLong-term debt to assets fell44.7% → 47.2%
- Better liquidityCurrent ratio rose1.66 → 1.79
- No dilutionShare count did not rise101M → 101M
- Gross margin improvedGross margin up on the prior year2.69% → 4.83%
- More efficientAsset turnover rose1.62 → 1.68