Par Pacific Holdings, Inc. (PARR) Financial Ratios
32 years of historical data (1994–2025) · Energy · Oil & Gas Refining & Marketing
EV/EBITDA
↓
5.48
↓-39% vs avg
5yr avg: 9.03
30Y Low3.3·High78.6
P/FCF
↑
8.49
↑+82% vs avg
5yr avg: 4.66
30Y Low3.5·High59.5
P/B Ratio
↓
1.67
↓-11% vs avg
5yr avg: 1.87
30Y Low0.8·High3.6
ROE
↑
26.9%
-8% vs avg
5yr avg: 29.2%
30Y Low-167%·High80%
Debt/EBITDA
↓
2.04
↓-59% vs avg
5yr avg: 4.95
30Y Low1.3·High49.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PARR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Par Pacific Holdings, Inc. trades at 7.1x earnings, 81% above its 5-year average of 3.9x, sitting at the 50th percentile of its historical range. Compared to the Energy sector median P/E of 15.4x, the stock trades at a discount of 54%. On a free-cash-flow basis, the stock trades at 8.5x P/FCF, 82% above the 5-year average of 4.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.5B | $1.8B | $931M | $2.2B | $1.4B | $961M | $745M | $1.3B | $649M | $879M | $616M |
| Enterprise Value | $3.7B | $3.0B | $2.3B | $3.0B | $1.8B | $1.8B | $1.8B | $2.2B | $972M | $1.1B | $940M |
| P/E Ratio → | 7.11 | 4.91 | — | 3.05 | 3.82 | — | — | 29.05 | 16.49 | 12.28 | — |
| P/S Ratio | 0.34 | 0.24 | 0.12 | 0.27 | 0.19 | 0.20 | 0.24 | 0.24 | 0.19 | 0.36 | 0.33 |
| P/B Ratio | 1.67 | 1.15 | 0.78 | 1.66 | 2.16 | 3.62 | 3.03 | 1.99 | 1.27 | 1.96 | 1.67 |
| P/FCF | 8.49 | 6.03 | — | 4.47 | 3.48 | — | — | 59.51 | 15.38 | 11.75 | — |
| P/OCF | 5.65 | 4.02 | 11.11 | 3.83 | 3.08 | — | — | 12.23 | 7.16 | 8.25 | — |
P/E links to full P/E history page with 30-year chart
PARR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Par Pacific Holdings, Inc.'s enterprise value stands at 5.5x EBITDA, 39% below its 5-year average of 9.0x. The Energy sector median is 7.8x, placing the stock at a 30% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.40 | 0.29 | 0.36 | 0.24 | 0.38 | 0.56 | 0.41 | 0.29 | 0.47 | 0.50 |
| EV / EBITDA | 5.48 | 4.41 | 12.86 | 3.70 | 3.30 | 20.89 | — | 9.42 | 7.23 | 8.19 | 78.56 |
| EV / EBIT | 6.95 | 5.38 | 52.67 | 4.31 | 4.09 | — | — | 47.98 | 12.23 | 11.14 | — |
| EV / FCF | — | 10.17 | — | 5.95 | 4.43 | — | — | 101.57 | 23.06 | 15.33 | — |
PARR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Par Pacific Holdings, Inc. earns an operating margin of 7.2%, below the Energy sector average of 13.8%. Operating margins have compressed from 8.3% to 7.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 26.9% indicates solid capital efficiency, compared to the sector median of 7.2%. ROIC of 15.1% represents solid returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.1% | 18.1% | 9.3% | 15.5% | 11.6% | 5.9% | 2.8% | 9.5% | 10.4% | 14.0% | 10.6% |
| Operating Margin | 7.2% | 7.2% | 0.6% | 8.3% | 6.0% | -0.2% | -10.2% | 2.7% | 2.4% | 3.8% | -1.1% |
| Net Profit Margin | 4.9% | 4.9% | -0.4% | 8.9% | 5.0% | -1.7% | -13.1% | 0.8% | 1.2% | 3.0% | -2.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 26.9% | 26.9% | -2.6% | 73.6% | 80.0% | -31.8% | -91.5% | 7.0% | 8.2% | 17.8% | -12.9% |
| ROA | 9.4% | 9.4% | -0.9% | 20.4% | 12.4% | -3.5% | -16.9% | 2.0% | 2.8% | 5.8% | -4.5% |
| ROIC | 15.1% | 15.1% | 1.5% | 32.9% | 30.7% | -0.5% | -16.9% | 9.3% | 7.9% | 8.6% | -2.3% |
| ROCE | 18.9% | 18.9% | 1.9% | 35.5% | 32.4% | -0.6% | -21.8% | 11.3% | 9.0% | 11.5% | -3.0% |
PARR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Par Pacific Holdings, Inc. carries a Debt/EBITDA ratio of 2.0x, which is manageable (22% below the sector average of 2.6x). Net debt stands at $1.2B ($1.4B total debt minus $164M cash). Interest coverage of 6.8x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.90 | 0.90 | 1.32 | 0.76 | 1.35 | 3.62 | 4.38 | 1.60 | 0.78 | 0.86 | 1.62 |
| Debt / EBITDA | 2.04 | 2.04 | 8.74 | 1.27 | 1.62 | 11.09 | — | 4.44 | 2.96 | 2.76 | 49.91 |
| Net Debt / Equity | — | 0.79 | 1.15 | 0.55 | 0.59 | 3.19 | 4.10 | 1.41 | 0.63 | 0.60 | 0.88 |
| Net Debt / EBITDA | 1.80 | 1.80 | 7.67 | 0.92 | 0.71 | 9.80 | — | 3.90 | 2.41 | 1.91 | 27.11 |
| Debt / FCF | — | 4.14 | — | 1.49 | 0.95 | — | — | 42.06 | 7.67 | 3.58 | — |
| Interest Coverage | 6.80 | 6.80 | 0.53 | 9.47 | 6.34 | -0.21 | -5.12 | 0.61 | 2.00 | 3.25 | -0.89 |
PARR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.60x means Par Pacific Holdings, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.49x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.30x to 1.60x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.60 | 1.60 | 1.62 | 1.30 | 1.05 | 0.83 | 0.72 | 1.00 | 1.16 | 1.28 | 1.05 |
| Quick Ratio | 0.49 | 0.49 | 0.62 | 0.50 | 0.47 | 0.25 | 0.24 | 0.40 | 0.52 | 0.55 | 0.54 |
| Cash Ratio | 0.15 | 0.15 | 0.18 | 0.18 | 0.27 | 0.08 | 0.08 | 0.12 | 0.15 | 0.25 | 0.12 |
| Asset Turnover | — | 1.83 | 2.08 | 2.13 | 2.23 | 1.83 | 1.46 | 2.00 | 2.33 | 1.81 | 1.63 |
| Inventory Turnover | 4.97 | 4.97 | 6.64 | 5.68 | 6.21 | 5.61 | 7.07 | 7.94 | 9.49 | 6.08 | 8.41 |
| Days Sales Outstanding | — | 15.29 | 18.22 | 16.28 | 12.61 | 15.12 | 13.04 | 15.46 | 17.16 | 18.20 | 20.04 |
PARR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Par Pacific Holdings, Inc. returns 5.0% to shareholders annually primarily through share buybacks. The earnings yield of 14.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 1.4% | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 14.1% | 20.4% | — | 32.8% | 26.2% | — | — | 3.4% | 6.1% | 8.1% | — |
| FCF Yield | 11.8% | 16.6% | — | 22.4% | 28.7% | — | — | 1.7% | 6.5% | 8.5% | — |
| Buyback Yield | 5.0% | 7.0% | 15.3% | 3.1% | 0.6% | 0.2% | 0.2% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 5.0% | 7.0% | 16.7% | 3.1% | 0.6% | 0.2% | 0.2% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $51M | $57M | $61M | $60M | $58M | $53M | $56M | $46M | $46M | $42M |
Peer Comparison
Compare PARR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 PARRYou | $3B | 7.1 | 5.5 | 8.5 | 18.1% | 7.2% | 26.9% | 15.1% | 2.0 |
 DKL | $3B | 15.3 | 8.7 | — | 20.9% | 18.0% | 847.5% | 14.1% | 0.1 |
 DK | $3B | -109.1 | 6.6 | 115.5 | 5.3% | 3.7% | -4.1% | 9.9% | 4.2 |
 CLMT | $3B | -83.7 | 15.3 | 50.3 | 5.9% | 1.3% | — | 5.0% | 1.9 |
 REX | $1B | 17.5 | 16.4 | 29.2 | 14.4% | 9.4% | 12.3% | 9.1% | 0.3 |
 VLO | $71B | 31.2 | 10.4 | 14.0 | 4.4% | 3.5% | 8.7% | 9.5% | 1.6 |
 MPC | $71B | 18.3 | 11.3 | 14.9 | 7.5% | 4.3% | 16.7% | 8.3% | 3.8 |
 PSX | $67B | 15.4 | 13.0 | 24.4 | 4.9% | 2.7% | 15.0% | 5.3% | 3.4 |
 PBF | $4B | -26.8 | 11.1 | — | -1.9% | -0.2% | -2.8% | -0.5% | 4.8 |
 DINO | $12B | 20.7 | 7.5 | 13.4 | 5.2% | 3.5% | 6.2% | 6.1% | 1.8 |
 CVX | $346B | 26.2 | 10.4 | 20.9 | 30.4% | 9.0% | 7.1% | 6.2% | 1.3 |
| Energy Median | — | 15.4 | 7.8 | 13.8 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
PARR — Frequently Asked Questions
Quick answers to the most common questions about buying PARR stock.
What is Par Pacific Holdings, Inc.'s P/E ratio?
Par Pacific Holdings, Inc.'s current P/E ratio is 7.1x. The historical average is 11.6x. This places it at the 50th percentile of its historical range.
What is Par Pacific Holdings, Inc.'s EV/EBITDA?
Par Pacific Holdings, Inc.'s current EV/EBITDA is 5.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.0x.
What is Par Pacific Holdings, Inc.'s ROE?
Par Pacific Holdings, Inc.'s return on equity (ROE) is 26.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -18.4%.
Is PARR stock overvalued?
Based on historical data, Par Pacific Holdings, Inc. is trading at a P/E of 7.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Par Pacific Holdings, Inc.'s profit margins?
Par Pacific Holdings, Inc. has 18.1% gross margin and 7.2% operating margin.
How much debt does Par Pacific Holdings, Inc. have?
Par Pacific Holdings, Inc.'s Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.