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CVICVR Energy, Inc.
$38.13$3.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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CVI logo

CVR Energy, Inc.

CVI
NYSE · Refining & Fuel Marketing
$38.13
At close - Nov 6, 4:00 PM EST - USD
Market Cap$3.83B
P/E14.5x
52W High$63.51
Volume2.86M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Refining Cycle Swings Drive CVI Earnings Volatility Despite Recovery

CVR Energy's revenue rebounded roughly 68.8% year over year to about $3.3B in 2026Q3, and diluted EPS reached $5.67 after a loss of $1.91 in 2026Q1, suggesting the recovery is largely driven by refining crack spreads and throughput rather than structural improvement.

GrowthMixed
ProfitabilityModerate
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

CVI price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

+79% Peers

P/E is 79% above peer median

03

Market leadership

RS 85 · Leader

High momentum (Outperforming 85% of market)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Feb 3

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CVI+53.63%
S&P 500 (^GSPC)+7.63%
1-Year Return
CVI+5.80%
S&P 500 (^GSPC)+9.69%
3-Year Return
CVI+29.53%
S&P 500 (^GSPC)+62.66%
5-Year Return
CVI+180.14%
S&P 500 (^GSPC)+50.89%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
14.5x
Forward P/EExpansion
10.7x
EV/EBITDA60th %ile
7.1x
FCF YieldCash Flow
21.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
14.5x
67.2x
40th· Fair
EV/EBITDA
7.1x
6.8x
60th· Fair
Price/FCF
4.7x
10.9x
50th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$7.16B-5.9% YoY
Net income FY25
$27M+285.7% YoY
Free cash flow FY25
-$41M-123.8% YoY
Operating margin FY25
2.3%+1.6 pts YoY
ROIC (FY25)6.2%
Avg ROIC 5Y17.2%
ROE (TTM)29.2%
Piotroski Score8 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (58%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 3, 2026
$4.00+37.5%
vs $2.91
$3.3B+39.6%
vs $2.3B
Q3 2026
Jul 29, 2026
$0.34+31.7%
vs $0.26
$2.7B+23.1%
vs $2.2B
Q2 2026
Apr 29, 2026
-$1.24-129.6%
vs -$0.54
$2.0B+14.3%
vs $1.7B
Q1 2026
Feb 18, 2026
-$0.80+4.8%
vs -$0.84
$1.8B+6.7%
vs $1.7B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·4d ago
CVR Energy Announces Pricing of Offering of Common Stock

SUGAR LAND, Texas--(BUSINESS WIRE)--CVR Energy, Inc. (the “Company” or “CVR Energy”) (NYSE: CVI) today announced the pricing of its previously announced underwritten public offering of 10,515,248 shares of its common stock (the “Offering”) at a public offering price of $47.55 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,577,287 shares of common stock from the Company, equal to 15% of the common stock sold in the public offeri.

MarketBeat·4d ago
What CVR Energy (CVI) Said on Its Q3 Earnings Call

CVR Energy NYSE: CVI reported record third-quarter earnings and announced an agreement to acquire Marathon Petroleum's St. Paul Park, Minnesota, and Mandan, North Dakota, refineries, along with associated marketing operations and certain logistics assets, for approximately $4.2 billion.

Seeking Alpha·4d ago
CVR Energy, Inc. (CVI) Q3 2026 Earnings Call Transcript

CVR Energy, Inc. (CVI) Q3 2026 Earnings Call Transcript

Zacks Investment Research·4d ago
CVR Energy (CVI) Q3 Earnings and Revenues Beat Estimates

CVR Energy (CVI) came out with quarterly earnings of $4 per share, beating the Zacks Consensus Estimate of $3.09 per share. This compares to earnings of $0.4 per share a year ago.

Filtered for CVR Energy, Inc.More Headlines
04

Compare before deciding

Benchmark CVI against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for CVR Energy, Inc. (CVI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CVI logoCVICVR Energy, Inc.Current
$38.13$3.83B14.46-5.89%2.7%29.17%—
DKL logoDKLDelek Logistics Partners, LP
$51.77$2.75B18.487.73%11.9%1108.4%8.59%
DK logoDKDelek US Holdings, Inc.
$63.95$3.92B3.37-9.53%8.7%148.74%1.6%
PBF logoPBFPBF Energy Inc.
$67.27$7.96B3.04-11.42%6.98%42.13%1.64%
PARR logoPARRPar Pacific Holdings, Inc.
$68.06$3.41B3.57-6.39%9.81%53.95%—
CLMT logoCLMTCalumet Inc.
$39.64$3.45B-18.00-1.25%-3.73%——

Compare CVI vs Peers

CVR Energy, Inc. (CVI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs DKL

Most directly comparable listed peer for CVI.

Scale Benchmark

vs MPC

Larger-name benchmark to compare CVI against a more recognizable public peer.

Peer Set

Compare Top 5

vs DKL, DK, PBF, PARR

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CVI SEC Filings & Documents

CVR Energy, Inc. (CVI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Nov 5, 2026·SEC

Material company update

Nov 3, 2026·SEC

Material company update

Nov 3, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 18, 2026·SEC

FY 2025

Feb 19, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Nov 3, 2026·SEC

FY 2026

Jul 29, 2026·SEC

FY 2026

Apr 29, 2026·SEC

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CVI Frequently Asked Questions

CVR Energy, Inc. (CVI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is CVR Energy, Inc.'s revenue?

CVR Energy, Inc. (CVI) reported $9.81B in revenue over the trailing twelve months. Revenue was $7.16B in fiscal year 2025. That is 392% more than the $1.45B of fiscal year 2005.

How fast is CVR Energy, Inc. growing?

CVR Energy, Inc. (CVI) grew revenue by 34.4% over the trailing twelve months, compared with the twelve months before.

Is CVI profitable?

Yes. CVR Energy, Inc. (CVI) earned $265.0M in net income over the trailing twelve months (a 2.7% net margin).

Dividend & Returns
What is CVI's return on equity?

CVR Energy, Inc. (CVI) had a return on equity (ROE) of 29.2% over the trailing twelve months. That is well above the market's typical 10-15%.

What is CVR Energy, Inc.'s free cash flow?

CVR Energy, Inc. (CVI) generated $819.0M in free cash flow over the trailing twelve months.

What if you invested $1,000 in CVI back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →