Is the business good?
How good a business is CVI?
CVR Energy, Inc. earns 7.4% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
7.4%
Return on invested capital · cost of capital 9.0% · 1.6 points below what the capital costs: growth destroys value
- Operating margin
- 2.3%
Operating margin · Oil & Gas Refining & Marketing median 5.8% · 12 months to Q1 2026
- Share count, year on year
- 0.00%
Share count, year on year · flat: no meaningful dilution
- Gross margin
- 4.5%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −8.5% |
| FY2021 | 1.2% |
| FY2022 | 8.8% |
| FY2023 | 12% |
| FY2024 | 0.76% |
| FY2025 | 2.5% |
Details›
- Gross margin12 months to Q1 2026
- 4.5%
- Operating margin12 months to Q1 2026
- 2.3%
- Net margin12 months to Q1 2026
- −0.56%
- Free cash flow margin
- 3.0%
- Revenue, trailing twelve months
- $7.50B
- Free cash flow, trailing twelve months
- $222M
- Net income, trailing twelve months
- −$42M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 7.4%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Oil & Gas Refining & Marketing
Ranks #10 of 11 by Smart Score