Last 48 quarters of trend data · Energy · Oil & Gas Refining & Marketing
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Par Pacific Holdings, Inc.'s quarterly P/E stands at 14.2x. EV/EBITDA has compressed 57.0% YoY to 11.7x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 7.11 | 14.24 | 5.74 | 1.72 | 5.67 | — | — | 33.85 | 19.73 | — | 1.91 | 3.22 | 13.58 |
| — | — | — | -94.9% | -71.3% | — | — | +951.0% | +45.3% | — | -54.1% | +250.9% | +770.8% | |
| P/S Ratio | 0.34 | 0.43 | 0.25 | 0.22 | 0.18 | 0.11 | 0.12 | 0.12 | 0.18 | 0.28 | 0.25 | 0.21 | 0.23 |
| — | +288.1% | +99.6% | +94.0% | -2.0% | -60.2% | -51.0% | -46.1% | -20.2% | +4.3% | +30.1% | +79.2% | +106.1% | |
| P/B Ratio | 1.67 | 2.00 | 1.15 | 1.29 | 1.17 | 0.69 | 0.76 | 0.79 | 1.16 | 1.67 | 1.65 | 2.06 | 1.77 |
| — | +190.7% | +51.5% | +63.6% | +1.4% | -58.6% | -53.9% | -61.7% | -34.4% | -16.9% | -24.2% | +14.7% | -47.1% | |
| P/FCF | 8.49 | — | 2.59 | 4.20 | 3.95 | — | — | 4.93 | — | 195.97 | — | 2.24 | 2.61 |
| — | — | — | -14.9% | — | — | — | +120.1% | — | +5435.6% | — | +203.4% | -74.6% | |
| EV / EBITDA | 5.48 | 11.70 | 5.48 | 2.10 | 5.24 | 27.20 | — | 8.45 | 8.41 | 17.56 | 3.55 | 3.86 | 7.90 |
| — | -57.0% | — | -75.2% | -37.7% | +54.9% | — | +118.9% | +6.5% | +900.6% | +0.4% | +237.1% | +291.6% | |
| EV / EBIT | 6.95 | 18.06 | 6.81 | 2.25 | 7.00 | — | — | 15.45 | 14.85 | 64.40 | 3.92 | 4.55 | 12.58 |
| — | — | — | -85.4% | -52.9% | — | — | +239.3% | +18.0% | +3165.3% | -10.7% | +265.5% | +426.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Par Pacific Holdings, Inc.'s operating margin was 3.5% in Q1 2026, down 2.0 pp QoQ and up 4.4 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 8.0% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 70.2% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.1% | 14.5% | 21.0% | 27.8% | 14.0% | 8.5% | 6.5% | 9.6% | 10.7% | 10.1% | 16.1% | 14.3% | 10.1% |
| — | +70.2% | +223.6% | +188.0% | +31.4% | -15.7% | -59.7% | -32.7% | +5.2% | -54.1% | +39.1% | -24.2% | -21.4% | |
| Operating Margin | 7.2% | 3.5% | 5.5% | 17.8% | 5.1% | -0.9% | -2.6% | 1.7% | 2.4% | 0.5% | 8.0% | 7.6% | 2.6% |
| — | +484.5% | +313.6% | +948.1% | +112.0% | -288.2% | -131.9% | -77.7% | -7.4% | -96.9% | +44.1% | -44.8% | -68.5% | |
| Net Margin | 4.9% | 3.0% | 4.3% | 13.0% | 3.1% | -1.7% | -3.0% | 0.3% | 0.9% | -0.2% | 13.3% | 6.6% | 1.7% |
| — | +271.4% | +241.0% | +3636.3% | +239.9% | -819.8% | -122.9% | -94.7% | -45.1% | -101.3% | +182.9% | -48.9% | -76.2% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 26.9% | 3.5% | 5.3% | 20.6% | 5.3% | -2.6% | -4.6% | 0.6% | 1.4% | -0.3% | 24.0% | 17.2% | 3.3% |
| — | +232.9% | +215.7% | +3374.1% | +263.8% | -831.5% | -118.9% | -96.5% | -56.5% | -100.9% | +69.1% | -73.4% | -95.5% | |
| ROA | 9.4% | 1.3% | 1.9% | 6.6% | 1.6% | -0.8% | -1.4% | 0.2% | 0.5% | -0.1% | 7.5% | 4.6% | 0.9% |
| — | +264.0% | +231.6% | +3328.0% | +221.5% | -716.5% | -119.4% | -95.8% | -44.1% | -101.4% | +181.4% | -45.7% | -82.1% | |
| ROIC | 15.1% | 1.6% | 2.6% | 9.9% | 2.8% | -0.5% | -1.4% | 1.1% | 1.6% | 0.3% | 5.8% | 7.2% | 2.5% |
| — | +458.5% | +291.6% | +819.5% | +77.3% | -233.3% | -123.6% | -85.1% | -37.1% | -98.1% | -22.9% | -67.2% | -81.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Par Pacific Holdings, Inc.'s Debt/EBITDA ratio is 16.8x, up from 10.1x last quarter — elevated, raising questions about debt serviceability.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.90 | 1.06 | 0.90 | 1.19 | 1.37 | 1.47 | 1.32 | 1.20 | 1.13 | 0.77 | 0.76 | 1.61 | 1.01 |
| — | -27.8% | -31.9% | -1.0% | +21.5% | +91.5% | +72.4% | -25.6% | +12.2% | -23.1% | -43.5% | +4.4% | -67.6% | |
| Debt / EBITDA | 2.04 | 16.80 | 10.11 | 4.21 | 11.99 | 78.41 | — | 21.99 | 17.70 | 23.83 | 4.92 | 7.43 | 12.40 |
| — | -78.6% | — | -80.9% | -32.3% | +229.1% | — | +195.9% | +42.8% | +669.2% | -28.8% | +172.3% | +185.7% | |
| Current Ratio | 1.60 | 1.62 | 1.60 | 1.51 | 1.42 | 1.56 | 1.62 | 1.69 | 1.63 | 1.28 | 1.30 | 1.12 | 1.07 |
| — | +4.2% | -0.8% | -10.4% | -12.7% | +21.4% | +23.9% | +50.5% | +52.6% | +3.6% | +24.4% | +11.2% | +21.9% | |
| Quick Ratio | 0.49 | 0.59 | 0.49 | 0.48 | 0.56 | 0.54 | 0.62 | 0.66 | 0.59 | 0.50 | 0.54 | 0.49 | 0.37 |
| — | +9.8% | -20.8% | -27.5% | -5.2% | +8.1% | +14.6% | +35.7% | +61.0% | -22.7% | +16.2% | +2.4% | +12.4% | |
| Interest Coverage | 6.80 | 3.98 | 6.45 | 17.23 | 4.45 | -0.71 | -2.41 | 1.60 | 2.24 | 0.64 | 9.17 | 9.46 | 3.14 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying PARR stock.
Par Pacific Holdings, Inc.'s current P/E is 7.1x. The average P/E over the last 4 quarters is 6.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Par Pacific Holdings, Inc.'s current operating margin is 7.2%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Par Pacific Holdings, Inc.'s business trajectory between earnings reports.