What is CVR Energy's earnings per share (EPS)?

CVR Energy (CVI) reported diluted earnings per share of $0.27 for fiscal year 2025. This represents a 350.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

CVR Energy Financials

CVI

Trailing 12 months to June 30, 2026

Revenue $8.5B +17.9% YoY

Net Income $69.0M +120.7% YoY

EPS (Diluted) $0.68 +120.5% YoY

Free Cash Flow $351.0M +750.0% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 29, 2026 Currency USD FYE December

CVR Energy (CVI) reported $8.5B in revenue over the twelve months to Jun 30, 2026, up 17.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CVI FY2025 2026-08-15

Thin-spread economics dominate this business, so small margin shifts reshape profit and cash far more than revenue does.

FY2025 shows a profit recovery without cash recovery: gross margin improved to 4.8% from 2.7%. But capex of $185M still exceeded operating cash flow of $144M, so the income-statement rebound did not translate into self-funded cash generation.

The business runs on a very thin gross-profit layer. Gross margin was 4.8% in FY2025 versus 13.8% in FY2023, which explains why earnings can shrink far more than sales when the cost spread narrows; the main volatility sits in the core cost structure, not in overhead.

Near-term liquidity looks sturdier than the bottom line alone suggests: the current ratio reached 1.8x and cash stood at $511M. But the company still carries a leveraged balance sheet, with liabilities of $2.98B against equity of $730M, so balance-sheet cushioning remains limited when operating conditions soften.

Financial Health Signals

Financial Health Score 39/100

Scored as: Energy peer group

Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of CVR Energy's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Growth

Leverage

Liquidity

Cash Flow

Returns

Altman Z-Score Grey Zone

2.79

CVR Energy scores 2.79, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong

8/9

CVR Energy passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

5.33x

For every $1 of reported earnings, CVR Energy generates $5.33 in operating cash flow ($144.0M OCF vs $27.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

1.31x

CVR Energy earns $1.31 in operating income for every $1 of interest expense ($182.0M vs $139.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$7.2B

YoY-5.9%

5Y CAGR+12.8%

10Y CAGR+2.8%

CVR Energy generated $7.2B in revenue in fiscal year 2025. This represents a decrease of 5.9% from the prior year.

EBITDA

$585.0M

YoY+64.3%

10Y CAGR0.0%

CVR Energy's EBITDA was $585.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 64.3% from the prior year.

Net Income

$27.0M

YoY+285.7%

10Y CAGR-16.8%

CVR Energy reported $27.0M in net income in fiscal year 2025. This represents an increase of 285.7% from the prior year.

EPS (Diluted)

$0.27

YoY+350.0%

CVR Energy earned $0.27 per diluted share (EPS) in fiscal year 2025. This represents an increase of 350.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$41.0M

YoY-118.2%

CVR Energy recorded an outflow of $41.0M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 118.2% from the prior year.

Cash & Debt

$511.0M

YoY-48.2%

5Y CAGR-5.2%

10Y CAGR-4.0%

CVR Energy held $511.0M in cash against $1.8B in long-term debt as of fiscal year 2025.

Shares Outstanding

101M

YoY0.0%

5Y CAGR0.0%

10Y CAGR+1.5%

CVR Energy had 101M shares outstanding in fiscal year 2025. That is unchanged from the prior year.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Gross Margin

4.8%

YoY+2.1pp

5Y CAGR+9.6pp

10Y CAGR-4.4pp

CVR Energy's gross margin was 4.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.1 percentage points from the prior year.

Operating Margin

2.5%

YoY+1.8pp

5Y CAGR+11.0pp

10Y CAGR-5.2pp

CVR Energy's operating margin was 2.5% in fiscal year 2025, reflecting core business profitability. This is up 1.8 percentage points from the prior year.

Net Margin

0.4%

YoY+0.3pp

5Y CAGR+6.9pp

10Y CAGR-2.7pp

CVR Energy's net profit margin was 0.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.3 percentage points from the prior year.

Return on Equity

3.7%

YoY+2.7pp

5Y CAGR+28.8pp

10Y CAGR-13.5pp

CVR Energy's ROE was 3.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.7 percentage points from the prior year.

Capital Allocation

Capital Expenditures

$185.0M

YoY+3.4%

5Y CAGR+8.3%

10Y CAGR-1.7%

CVR Energy invested $185.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 3.4% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

Share Buybacks

Not reported for fiscal year 2025.

CVI Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

CVI quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	$8.5B	$7.2B-5.9%	$7.6B-17.7%	$9.2B-15.1%	$10.9B+50.5%	$7.2B+84.3%	$3.9B-38.2%	$6.4B-10.7%	$7.1B+19.0%	$6.0B+25.2%	$4.8B-12.0%	$5.4B-40.4%	$9.1B+1.4%	$9.0B+4.9%	$8.6B+70.4%	$5.0B
Cost of Revenue	$8.0B	$6.8B-8.0%	$7.4B-7.1%	$8.0B-18.3%	$9.8B+39.0%	$7.0B+70.5%	$4.1B-27.3%	$5.7B-12.4%	$6.5B+13.1%	$5.7B+24.5%	$4.6B-6.9%	$4.9B-43.5%	$8.7B	N/A	N/A	N/A
Gross Profit	$517.0M	$346.0M+68.8%	$205.0M-83.9%	$1.3B+12.7%	$1.1B+418.3%	$218.0M+215.3%	-$189.0M-126.9%	$702.0M+6.2%	$661.0M+143.0%	$272.0M+41.7%	$192.0M-61.7%	$501.0M+31.7%	$380.3M	N/A	N/A	N/A
SG&A Expenses	$148.0M	$148.0M+6.5%	$139.0M-1.4%	$141.0M-5.4%	$149.0M+25.2%	$119.0M+38.4%	$86.0M-26.5%	$117.0M+4.5%	$112.0M-0.9%	$113.0M+2.7%	$110.0M+11.1%	$99.0M-9.8%	$109.7M-3.3%	$113.5M-38.1%	$183.4M	N/A
Operating Income	$349.0M	$182.0M+213.8%	$58.0M-94.8%	$1.1B+16.6%	$963.0M+1006.9%	$87.0M+126.1%	-$333.0M-157.4%	$580.0M+9.0%	$532.0M+266.9%	$145.0M+101.4%	$72.0M-82.9%	$421.6M+59.5%	$264.3M-62.8%	$710.5M-31.3%	$1.0B+82.7%	$566.6M
Interest Expense	N/A	$139.0M+20.9%	$115.0M+27.8%	$90.0M-3.2%	$93.0M+179.5%	-$117.0M+10.0%	-$130.0M-27.5%	-$102.0M0.0%	-$102.0M-192.6%	$110.1M+31.2%	$83.9M+73.3%	$48.4M+21.0%	$40.0M-20.8%	$50.5M-33.0%	$75.4M+35.1%	$55.8M
Income Tax	$62.0M	-$10.0M+61.5%	-$26.0M-112.6%	$207.0M+31.8%	$157.0M+2062.5%	-$8.0M+91.6%	-$95.0M-173.6%	$129.0M+63.3%	$79.0M+135.9%	-$220.0M-1057.9%	-$19.0M-122.5%	$84.5M-13.5%	$97.7M-46.8%	$183.7M-18.6%	$225.6M+7.7%	$209.5M
Net Income	$69.0M	$27.0M+285.7%	$7.0M-99.1%	$769.0M+66.1%	$463.0M+1752.0%	$25.0M+109.8%	-$256.0M-167.4%	$380.0M+46.7%	$259.0M-1.5%	$263.0M+952.0%	$25.0M-85.3%	$169.6M-2.5%	$173.9M-53.1%	$370.7M-2.1%	$378.6M0.0%	$378.6M
EPS (Diluted)	$0.68	$0.27+350.0%	$0.06-99.2%	$7.65+66.3%	$4.60+1740.0%	$0.25+109.8%	-$2.54-167.2%	$3.78	N/A	N/A	$0.28-85.6%	$1.95-2.5%	$2.00-53.2%	$4.27-1.4%	$4.33+9.9%	$3.94

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$2.7B+38.3%	$2.0B+9.3%	$1.8B-6.8%	$1.9B+10.4%	$1.8B+7.0%	$1.6B-15.5%	$1.9B+6.2%	$1.8B
Cost of Revenue	$2.6B+25.8%	$2.1B+11.5%	$1.9B+35.0%	$1.4B-24.2%	$1.8B+5.2%	$1.7B-8.0%	$1.9B-0.8%	$1.9B
Gross Profit	$117.0M+213.6%	-$103.0M-80.7%	-$57.0M-110.2%	$560.0M+948.5%	-$66.0M+27.5%	-$91.0M-256.9%	$58.0M+181.7%	-$71.0M
SG&A Expenses	$34.0M-12.8%	$39.0M+18.2%	$33.0M-21.4%	$42.0M+16.7%	$36.0M-2.7%	$37.0M+5.7%	$35.0M-12.5%	$40.0M
Operating Income	$78.0M+153.8%	-$145.0M-51.0%	-$96.0M-118.8%	$512.0M+597.1%	-$103.0M+21.4%	-$131.0M-723.8%	$21.0M+118.6%	-$113.0M
Interest Expense	N/A	$63.0M+80.0%	$35.0M+9.4%	$32.0M-13.5%	$37.0M+5.7%	$35.0M+25.0%	$28.0M+3.7%	$27.0M
Income Tax	$10.0M+134.5%	-$29.0M-314.3%	-$7.0M-108.0%	$88.0M+309.5%	-$42.0M+14.3%	-$49.0M-345.5%	-$11.0M-83.3%	-$6.0M
Net Income	-$3.0M+98.4%	-$192.0M-74.5%	-$110.0M-129.4%	$374.0M+428.1%	-$114.0M+7.3%	-$123.0M-539.3%	$28.0M+122.6%	-$124.0M
EPS (Diluted)	-$0.03+98.4%	-$1.91-73.6%	-$1.10-129.6%	$3.72+426.3%	-$1.14+6.6%	-$1.22-535.7%	$0.28+122.6%	-$1.24

Not reported in any period shown, so not listed: R&D Expenses.

CVI Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

CVI quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$3.7B-13.1%	$4.3B-9.4%	$4.7B+14.3%	$4.1B+5.5%	$3.9B-1.8%	$4.0B+1.9%	$3.9B-2.4%	$4.0B+1.2%	$4.0B-5.0%	$4.2B+26.1%	$3.3B-4.5%	$3.5B-5.8%	$3.7B+1.5%	$3.6B+15.8%	$3.1B
Current Assets	$1.3B-30.5%	$1.8B-16.3%	$2.2B+36.8%	$1.6B+16.4%	$1.4B-2.4%	$1.4B+10.0%	$1.3B-1.5%	$1.3B+19.9%	$1.1B-18.1%	$1.3B+3.3%	$1.3B-12.6%	$1.5B-15.9%	$1.7B-1.7%	$1.8B+29.8%	$1.4B
Cash & Equivalents	$511.0M-48.2%	$987.0M+69.9%	$581.0M+13.9%	$510.0M0.0%	$510.0M-23.5%	$667.0M+2.3%	$652.0M-2.4%	$668.0M+38.6%	$482.0M-34.5%	$736.0M-3.8%	$765.0M+1.5%	$753.7M-10.5%	$842.1M-6.0%	$896.0M+130.7%	$388.3M
Inventory	$472.0M-6.0%	$502.0M-16.9%	$604.0M-3.2%	$624.0M+28.9%	$484.0M+62.4%	$298.0M-20.1%	$373.0M-1.8%	$380.0M+3.0%	$369.0M+5.7%	$349.2M+20.5%	$289.9M-12.0%	$329.6M-37.4%	$526.6M-0.3%	$528.1M-17.0%	$636.2M
Accounts Receivable	$235.0M-20.3%	$295.0M+3.1%	$286.0M-20.1%	$358.0M+19.7%	$299.0M+68.0%	$178.0M-2.2%	$182.0M+7.7%	$169.0M-5.6%	$179.0M+17.8%	$151.9M+58.6%	$95.8M-29.9%	$136.7M-43.5%	$241.9M+14.9%	$210.6M+15.3%	$182.6M
Goodwill	N/A	N/A	N/A	$0	$0	$0	N/A	N/A	$41.0M0.0%	$41.0M0.0%	$41.0M0.0%	$41.0M0.0%	$41.0M0.0%	$41.0M0.0%	$41.0M
Total Liabilities	$3.0B-16.4%	$3.6B-7.8%	$3.9B+7.6%	$3.6B+7.0%	$3.4B+13.3%	$3.0B+17.8%	$2.5B-7.4%	$2.7B-8.5%	$3.0B-10.2%	$3.3B+42.6%	$2.3B-6.1%	$2.5B-0.4%	$2.5B+18.8%	$2.1B+6.0%	$2.0B
Current Liabilities	$706.0M-35.7%	$1.1B-34.7%	$1.7B+16.9%	$1.4B+24.5%	$1.2B+75.4%	$659.0M+10.6%	$596.0M+20.2%	$496.0M-8.8%	$544.0M-3.9%	$565.9M+16.8%	$484.6M+14.4%	$423.6M-15.5%	$501.5M-19.8%	$625.7M+6.5%	$587.6M
Long-Term Debt	$1.8B-8.2%	$1.9B+20.8%	$1.6B-0.4%	$1.6B-4.2%	$1.7B-1.7%	$1.7B+41.4%	$1.2B+2.0%	$1.2B+0.3%	$1.2B+0.1%	$1.2B+115.1%	$540.7M-19.7%	$673.5M-0.2%	$674.9M-24.8%	$897.1M+5.1%	$853.9M
Total Equity	$730.0M+3.8%	$703.0M-17.0%	$847.0M+59.5%	$531.0M-4.0%	$553.0M-45.7%	$1.0B-26.8%	$1.4B+8.3%	$1.3B+30.2%	$988.0M+15.1%	$858.1M-12.8%	$984.1M-0.4%	$988.1M-16.9%	$1.2B-22.1%	$1.5B+32.4%	$1.2B
Retained Earnings	-$777.0M+3.4%	-$804.0M-21.8%	-$660.0M+32.4%	-$976.0M-2.1%	-$956.0M-95.1%	-$490.0M-333.6%	-$113.0M+39.6%	-$187.0M+10.1%	-$208.0M+38.5%	-$338.1M-78.7%	-$189.2M-2.3%	-$184.9M-342.7%	$76.2M-91.9%	$945.4M+66.8%	$566.9M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$4.1B+5.6%	$3.9B+4.2%	$3.7B-7.2%	$4.0B+0.2%	$4.0B-6.3%	$4.3B-0.3%	$4.3B+9.9%	$3.9B
Current Assets	$1.7B+17.6%	$1.5B+15.2%	$1.3B-14.3%	$1.5B+6.2%	$1.4B-15.6%	$1.6B-9.6%	$1.8B+29.5%	$1.4B
Cash & Equivalents	$737.0M+43.9%	$512.0M+0.2%	$511.0M-23.7%	$670.0M+12.4%	$596.0M-14.2%	$695.0M-29.6%	$987.0M+84.8%	$534.0M
Inventory	$603.0M+9.0%	$553.0M+17.2%	$472.0M-7.3%	$509.0M+1.2%	$503.0M-14.0%	$585.0M+16.5%	$502.0M+0.8%	$498.0M
Accounts Receivable	$327.0M-0.6%	$329.0M+40.0%	$235.0M-7.1%	$253.0M+3.3%	$245.0M-23.4%	$320.0M+8.5%	$295.0M+5.0%	$281.0M
Total Liabilities	$3.6B+7.0%	$3.3B+11.7%	$3.0B-5.6%	$3.2B-10.4%	$3.5B-4.2%	$3.7B+3.1%	$3.6B+11.1%	$3.2B
Current Liabilities	$1.2B+19.3%	$1.0B+43.8%	$706.0M-6.5%	$755.0M-36.6%	$1.2B-5.0%	$1.3B+14.2%	$1.1B+4.1%	$1.1B
Long-Term Debt	$1.8B-0.1%	$1.8B+1.3%	$1.8B-4.2%	$1.8B-1.2%	$1.8B-3.0%	$1.9B-0.1%	$1.9B+21.2%	$1.6B
Total Equity	$525.0M-2.4%	$538.0M-26.3%	$730.0M-13.1%	$840.0M+80.3%	$466.0M-19.7%	$580.0M-17.5%	$703.0M+4.1%	$675.0M
Retained Earnings	-$982.0M-1.3%	-$969.0M-24.7%	-$777.0M-16.5%	-$667.0M+35.9%	-$1.0B-12.3%	-$927.0M-15.3%	-$804.0M+3.4%	-$832.0M

Not reported in any period shown, so not listed: Goodwill.

CVI Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

CVI quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	$534.0M	$144.0M-64.4%	$404.0M-57.4%	$948.0M-2.0%	$967.0M+144.2%	$396.0M+340.0%	$90.0M-88.0%	$747.0M+18.9%	$628.0M+153.2%	$248.0M-26.4%	$337.0M-37.2%	$536.8M-16.2%	$640.3M+45.5%	$440.1M-42.3%	$762.6M+173.7%	$278.6M
Capital Expenditures	$183.0M	$185.0M+3.4%	$179.0M-12.7%	$205.0M+7.3%	$191.0M-14.7%	$224.0M+80.6%	$124.0M+2.5%	$121.0M+18.6%	$102.0M-15.0%	$120.0M-9.8%	$133.0M-39.2%	$218.7M+0.1%	$218.4M-14.9%	$256.5M+20.9%	$212.2M+132.7%	$91.2M
Free Cash Flow	$351.0M	-$41.0M-118.2%	$225.0M-69.7%	$743.0M-4.3%	$776.0M+351.2%	$172.0M+605.9%	-$34.0M-105.4%	$626.0M+19.0%	$526.0M+310.9%	$128.0M-37.3%	$204.0M-35.9%	$318.1M-24.6%	$421.9M+129.8%	$183.6M-66.6%	$550.4M+193.7%	$187.4M
Investing Cash Flow	-$181.0M	-$362.0M-199.2%	-$121.0M+49.4%	-$239.0M+11.8%	-$271.0M-13.9%	-$238.0M+43.7%	-$423.0M-249.6%	-$121.0M-12.0%	-$108.0M+60.9%	-$276.0M-1.8%	-$271.0M	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	-$212.0M	-$258.0M+46.5%	-$482.0M-1105.0%	-$40.0M+94.3%	-$696.0M-121.0%	-$315.0M-188.7%	$355.0M+155.3%	-$642.0M-92.2%	-$334.0M-47.8%	-$226.0M-137.9%	-$95.0M	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	$0-100.0%	$151.0M-66.7%	$453.0M-6.2%	$483.0M+100.4%	$241.0M+99.2%	$121.0M-60.5%	$306.0M+28.6%	$238.0M+36.8%	$174.0M0.0%	$174.0M+0.2%	$173.7M-60.0%	$434.2M-64.9%	$1.2B	$0	$0
Share Buybacks	N/A	N/A	$0	$0-100.0%	$12.0M+1100.0%	$1.0M-85.7%	$7.0M	$0	$0	N/A	N/A	N/A	N/A	$0	$0-100.0%	$3.6M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$307.0M+379.7%	$64.0M	$0-100.0%	$163.0M-7.4%	$176.0M+190.3%	-$195.0M-299.0%	$98.0M+104.2%	$48.0M
Capital Expenditures	$43.0M-8.5%	$47.0M-14.5%	$55.0M+44.7%	$38.0M-7.3%	$41.0M-19.6%	$51.0M-7.3%	$55.0M+61.8%	$34.0M
Free Cash Flow	$264.0M+1452.9%	$17.0M+130.9%	-$55.0M-144.0%	$125.0M-7.4%	$135.0M+154.9%	-$246.0M-672.1%	$43.0M+207.1%	$14.0M
Investing Cash Flow	-$43.0M0.0%	-$43.0M+18.9%	-$53.0M-26.2%	-$42.0M+77.3%	-$185.0M-125.6%	-$82.0M-290.7%	$43.0M+222.9%	-$35.0M
Financing Cash Flow	-$39.0M-95.0%	-$20.0M+81.1%	-$106.0M-125.5%	-$47.0M+47.8%	-$90.0M-500.0%	-$15.0M-104.8%	$312.0M+580.0%	-$65.0M
Dividends Paid	$10.0M	N/A	$0	$0	$0	$0	$0-100.0%	$50.0M

Not reported in any period shown, so not listed: Share Buybacks.

CVI Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

CVI quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Gross Margin	4.8%+2.1pp	2.7%-11.1pp	13.8%+3.4pp	10.4%+7.4pp	3.0%+7.8pp	-4.8%-15.8pp	11.0%+1.8pp	9.3%+4.7pp	4.5%+0.5pp	4.0%-5.2pp	9.2%+5.1pp	4.2%	N/A	N/A	N/A
Operating Margin	2.5%+1.8pp	0.8%-11.4pp	12.1%+3.3pp	8.8%+7.6pp	1.2%+9.7pp	-8.5%-17.6pp	9.1%+1.6pp	7.5%+5.1pp	2.4%+0.9pp	1.5%-6.3pp	7.8%+4.9pp	2.9%-5.0pp	7.9%-4.2pp	12.1%+0.8pp	11.3%
Net Margin	0.4%+0.3pp	0.1%-8.2pp	8.3%+4.1pp	4.3%+3.9pp	0.4%+6.9pp	-6.5%-12.5pp	6.0%+2.3pp	3.6%-0.8pp	4.4%+3.9pp	0.5%-2.6pp	3.1%+1.2pp	1.9%-2.2pp	4.1%-0.3pp	4.4%-3.1pp	7.5%
Return on Equity	3.7%+2.7pp	1.0%-89.8pp	90.8%+3.6pp	87.2%+82.7pp	4.5%+29.6pp	-25.1%-52.4pp	27.3%+7.1pp	20.1%-6.5pp	26.6%+23.7pp	2.9%-14.3pp	17.2%-0.4pp	17.6%-13.6pp	31.2%+6.4pp	24.8%-8.1pp	32.9%
Return on Assets	0.7%+0.6pp	0.2%-16.2pp	16.3%+5.1pp	11.2%+10.6pp	0.6%+7.1pp	-6.4%-16.2pp	9.7%+3.3pp	6.5%-0.2pp	6.7%+6.1pp	0.6%-4.5pp	5.1%+0.1pp	5.0%-5.1pp	10.1%-0.4pp	10.5%-1.7pp	12.1%
Current Ratio	1.79+0.1x	1.66+0.4x	1.30+0.2x	1.11-0.1x	1.18-0.9x	2.130.0x	2.14-0.5x	2.61+0.6x	1.98-0.3x	2.32-0.3x	2.63-0.8x	3.440.0x	3.45+0.6x	2.81+0.5x	2.31
Debt-to-Equity	2.40-0.3x	2.71+0.8x	1.86-1.1x	2.980.0x	2.99+1.3x	1.65+0.8x	0.85-0.1x	0.91-0.3x	1.18-0.2x	1.36+0.8x	0.55-0.1x	0.68+0.1x	0.570.0x	0.59-0.2x	0.74
FCF Margin	-0.6%-3.5pp	3.0%-5.1pp	8.0%+0.9pp	7.1%+4.7pp	2.4%+3.3pp	-0.9%-10.7pp	9.8%+2.5pp	7.4%+5.2pp	2.1%-2.1pp	4.3%-1.6pp	5.9%+1.2pp	4.6%+2.6pp	2.0%-4.4pp	6.4%+2.7pp	3.7%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	4.3%+9.5pp	-5.2%-2.0pp	-3.1%-32.0pp	28.8%+32.6pp	-3.8%+1.8pp	-5.5%-8.5pp	3.0%+6.9pp	-3.9%
Operating Margin	2.9%+10.2pp	-7.3%-2.0pp	-5.3%-31.6pp	26.3%+32.2pp	-5.9%+2.1pp	-8.0%-9.0pp	1.1%+7.2pp	-6.2%
Net Margin	-0.1%+9.6pp	-9.7%-3.6pp	-6.1%-25.3pp	19.2%+25.7pp	-6.5%+1.0pp	-7.5%-8.9pp	1.4%+8.2pp	-6.8%
Return on Equity	-0.6%+35.1pp	-35.7%-20.6pp	-15.1%-59.6pp	44.5%+69.0pp	-24.5%-3.3pp	-21.2%-25.2pp	4.0%+22.4pp	-18.4%
Return on Assets	-0.1%+4.9pp	-5.0%-2.0pp	-3.0%-12.3pp	9.4%+12.2pp	-2.9%0.0pp	-2.9%-3.5pp	0.7%+3.9pp	-3.2%
Current Ratio	1.420.0x	1.44-0.4x	1.79-0.2x	1.96+0.8x	1.17-0.1x	1.31-0.3x	1.66+0.3x	1.33
Debt-to-Equity	3.37+0.1x	3.30+0.9x	2.40+0.2x	2.17-1.8x	3.97+0.7x	3.29+0.6x	2.71+0.4x	2.33
FCF Margin	9.6%+8.8pp	0.9%+3.9pp	-3.0%-9.5pp	6.4%-1.2pp	7.7%+22.6pp	-14.9%-17.2pp	2.2%+1.5pp	0.8%

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Where CVR Energy Ranks

Frequently Asked Questions

What is CVR Energy's annual revenue?

CVR Energy (CVI) reported $7.2B in total revenue for fiscal year 2025. This represents a -5.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is CVR Energy's revenue growing?

CVR Energy (CVI) revenue declined by 5.9% year-over-year, from $7.6B to $7.2B in fiscal year 2025.

Is CVR Energy profitable?

Yes, CVR Energy (CVI) reported a net income of $27.0M in fiscal year 2025, with a net profit margin of 0.4%.

What is CVR Energy's EBITDA?

CVR Energy (CVI) had EBITDA of $585.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does CVR Energy have?

As of fiscal year 2025, CVR Energy (CVI) had $511.0M in cash and equivalents against $1.8B in long-term debt.

What is CVR Energy's gross margin?

CVR Energy (CVI) had a gross margin of 4.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is CVR Energy's operating margin?

CVR Energy (CVI) had an operating margin of 2.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is CVR Energy's net profit margin?

CVR Energy (CVI) had a net profit margin of 0.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is CVR Energy's return on equity (ROE)?

CVR Energy (CVI) has a return on equity of 3.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is CVR Energy's free cash flow?

CVR Energy (CVI) recorded an outflow of $41.0M in free cash flow during fiscal year 2025. This represents a -118.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is CVR Energy's operating cash flow?

CVR Energy (CVI) generated $144.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are CVR Energy's total assets?

CVR Energy (CVI) had $3.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are CVR Energy's capital expenditures?

CVR Energy (CVI) invested $185.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does CVR Energy have outstanding?

CVR Energy (CVI) had 101M shares outstanding as of fiscal year 2025.

What is CVR Energy's current ratio?

CVR Energy (CVI) had a current ratio of 1.79 as of fiscal year 2025, which is generally considered healthy.

What is CVR Energy's debt-to-equity ratio?

CVR Energy (CVI) had a debt-to-equity ratio of 2.40 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is CVR Energy's return on assets (ROA)?

CVR Energy (CVI) had a return on assets of 0.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is CVR Energy's Altman Z-Score?

CVR Energy (CVI) has an Altman Z-Score of 2.79, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is CVR Energy's Piotroski F-Score?

CVR Energy (CVI) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are CVR Energy's earnings high quality?

CVR Energy (CVI) has an earnings quality ratio of 5.33x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can CVR Energy cover its interest payments?

CVR Energy (CVI) has an interest coverage ratio of 1.31x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is CVR Energy?

CVR Energy (CVI) scores 39 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.