CVR ENERGY INC CVI

Energy SIC 2911 - Petroleum Refining NAICS Manufacturing › Petroleum and Coal Products Manufacturing › Petroleum Refineries derived NYSE

CVR Energy, Inc. is a diversified holding company, formed in September 2006, primarily engaged in the petroleum refining and marketing industry, the renewable fuels industry, and the nitrogen fertilizer manufacturing industry through its interest in CVR Partners, LP, a publicly traded limited partnership ("CVR Partners"). As used in this Annual Report on Form 10-K, the terms "CVR Energy", the "Company", "we", "us", or "our" generally include the Company's subsidiaries, including CVR Partners and its subsidiaries, as consolidated subsidiaries of the Company, unless otherwise noted or implied.

•Petroleum Segment includes the refining and marketing of high value transportation fuels which consist of gasoline, diesel, jet fuel, and distillates. The Petroleum Segment also includes activities related to crude gathering and logistics that support the refinery operations.

Last close 58.16 2026-10-23
Market cap $5.85B 2026-06-30 share count
52-week range 19.62 - 63.51

Valuation FY2025 figures against the last close

P/S0.8x
P/E215.4x
P/FCF—
EV/EBITDA12.0x
Dividend yield0.0%
Diluted EPS0.27

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $7.16B$7.61B$9.25B$10.90B$7.24B$3.93B$6.36B$7.12B$5.99B$4.78B
Cost of revenue $6.82B$7.41B$7.97B$9.77B$7.02B$4.12B$5.66B$6.46B$5.72B$4.59B
Gross profit $346.0M$205.0M$1.27B$1.13B$218.0M-$189.0M$702.0M$661.0M$272.0M$192.0M
SG&A $148.0M$139.0M$141.0M$149.0M$119.0M$86.0M$117.0M$112.0M$113.0M$110.0M
Operating income $182.0M$58.0M$1.12B$963.0M$87.0M-$333.0M$580.0M$532.0M$145.0M$72.0M
Interest expense $139.0M$115.0M$90.0M$93.0M$117.0M$130.0M$102.0M$102.0M$109.0M$83.0M
Pre-tax income $80.0M$19.0M$1.08B$801.0M$66.0M-$415.0M$491.0M$445.0M$38.0M-$9.0M
Income tax $10.0M$26.0M$207.0M$157.0M$8.0M$95.0M$129.0M$79.0M$220.0M$19.0M
Net income $90.0M$45.0M$878.0M$644.0M$74.0M-$256.0M$380.0M$259.0M$263.0M$25.0M
EPS, basic 0.270.067.654.600.25-2.543.78——0.28
EPS, diluted 0.270.067.654.600.25-2.543.782.803.030.29
Shares, diluted (wtd. avg.) 100.5M100.5M100.5M100.5M100.5M100.5M100.5M000

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $511.0M$987.0M$581.0M$510.0M$517.0M$674.0M$652.0M$668.0M$482.0M$736.0M
Receivables $235.0M$295.0M$286.0M$358.0M$299.0M$178.0M$182.0M$169.0M$179.0M$151.9M
Inventory $472.0M$502.0M$604.0M$624.0M$484.0M$298.0M$373.0M$380.0M$369.0M$349.2M
Total current assets $1.27B$1.82B$2.18B$1.59B$1.37B$1.40B$1.27B$1.29B$1.08B$1.32B
Property, plant and equipment ———————$2.43B$2.59B$2.67B
Goodwill ———$0$0$0——$41.0M$41.0M
Other intangibles ————————$200.0K$200.0K
Total assets $3.71B$4.26B$4.71B$4.12B$3.91B$3.98B$3.90B$4.00B$3.81B$4.05B
Accounts payable $415.0M$538.0M$530.0M$497.0M$409.0M$282.0M$412.0M$320.0M$334.0M$251.0M
Short-term debt —————————$0
Total current liabilities $706.0M$1.10B$1.68B$1.44B$1.16B$659.0M$596.0M$496.0M$544.0M$565.9M
Long-term debt $1.70B$1.90B$2.10B$1.50B——————
Retained earnings -$777.0M-$804.0M-$660.0M-$976.0M-$956.0M-$490.0M-$113.0M-$187.0M-$277.0M-$338.1M
Total equity $730.0M$703.0M$1.04B$791.0M$770.0M$1.22B$1.67B$1.94B$1.82B$1.79B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $144.0M$404.0M$948.0M$967.0M$396.0M$90.0M$747.0M$628.0M$248.0M$337.0M
Depreciation and amortisation $403.0M$298.0M$298.0M$288.0M$279.0M$278.0M$287.0M$274.0M$258.0M$229.0M
Stock-based compensation $42.0M$15.0M$34.0M$71.0M$46.0M$4.0M$17.0M$16.0M$19.0M$9.0M
Capital expenditure $185.0M$179.0M$205.0M$191.0M$224.0M$124.0M$121.0M$102.0M$120.0M$133.0M
Investing cash flow -$362.0M-$121.0M-$239.0M-$271.0M-$238.0M-$423.0M-$121.0M-$108.0M-$276.0M-$271.0M
Financing cash flow -$258.0M-$482.0M-$40.0M-$696.0M-$315.0M$355.0M-$642.0M-$334.0M-$226.0M-$95.0M
Dividends paid $0$151.0M$453.0M$483.0M$241.0M$121.0M$306.0M$238.0M$174.0M$174.0M
Buybacks —$0$0$12.0M$1.0M$7.0M$0$0——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001376139-26-000022.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -5B 0 5B 10B 15B Revenue, FY2016: 4.8B Gross profit, FY2016: 192M Net income, FY2016: 25M Revenue, FY2017: 6B Gross profit, FY2017: 272M Net income, FY2017: 263M Revenue, FY2018: 7.1B Gross profit, FY2018: 661M Net income, FY2018: 259M Revenue, FY2019: 6.4B Gross profit, FY2019: 702M Net income, FY2019: 380M Revenue, FY2020: 3.9B Gross profit, FY2020: -189M Net income, FY2020: -256M Revenue, FY2021: 7.2B Gross profit, FY2021: 218M Net income, FY2021: 74M Revenue, FY2022: 10.9B Gross profit, FY2022: 1.1B Net income, FY2022: 644M Revenue, FY2023: 9.2B Gross profit, FY2023: 1.3B Net income, FY2023: 878M Revenue, FY2024: 7.6B Gross profit, FY2024: 205M Net income, FY2024: 45M Revenue, FY2025: 7.2B Gross profit, FY2025: 346M Net income, FY2025: 90M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $4.78B $5.99B $7.12B $6.36B $3.93B $7.24B $10.90B $9.25B $7.61B $7.16B
Gross profit $192.0M $272.0M $661.0M $702.0M -$189.0M $218.0M $1.13B $1.27B $205.0M $346.0M
Net income $25.0M $263.0M $259.0M $380.0M -$256.0M $74.0M $644.0M $878.0M $45.0M $90.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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