CVI Stock Analysis: CVR Energy | NYSE
Oil & Gas Refining & Marketing | NYSE, USA | Market Cap: 4.324m USD | 12M Return: 7.2% | US12662P1084 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 63.1M
Qual. Beats: 1
Rev. Trend: -14.9%
Qual. Beats: 3
Warnings
Tailwinds
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
CVR Energy, Inc. (NYSE: CVI) is a U.S.-based diversified energy company that operates through three business segments: Petroleum, Renewables, and Nitrogen Fertilizer. The company is classified within the GICS Energy sector, specifically the Oil & Gas Refining & Marketing sub-industry, reflecting its core refining operations alongside adjacent clean-energy and agricultural inputs businesses.
The Petroleum segment refines and markets transportation fuels such as gasoline, diesel, jet fuel, and distillates, and includes crude gathering and logistics activities that support refinery operations. It owns and operates a coking, medium-sour crude oil refinery in Kansas and a crude oil refinery in Oklahoma, serving retailers, railroads, farm cooperatives, and other refiners/marketers.
The Renewables segment processes renewable feedstocks, including soybean oil and corn oil, into renewable diesel, a biofuel that can serve as a drop-in replacement for petroleum diesel. It also markets renewable products to downstream buyers.
The Nitrogen Fertilizer segment operates a nitrogen fertilizer plant in Coffeyville, Kansas, which uses a pet coke gasification process to produce nitrogen fertilizer products, as well as a facility in East Dubuque, Illinois, that manufactures ammonia, urea ammonium nitrate (UAN), and nitric acid. The segment primarily markets UAN to agricultural customers and ammonia to both agricultural and industrial customers, making it a participant in the global nitrogen fertilizer supply chain.
CVR Energy was founded in 1906 and is headquartered in Sugar Land, Texas. The company is a subsidiary of Icahn Enterprises Holdings L.P., the holding vehicle associated with activist investor Carl Icahn.
- Refining crack spreads drive Petroleum segment earnings volatility
- Renewable diesel margins pressured by soybean oil feedstock costs
- Nitrogen fertilizer profits track natural gas and UAN prices
| Net Income: 265.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA 19.71 > 1.0 |
| NWC/Revenue: 10.49% < 20% (prev 9.91%; Δ 0.58% < -1%) |
| CFO/TA 0.24 > 3% & CFO 1.17b > Net Income 265.0m |
| Net Debt (569.0m) to EBITDA (923.0m): 0.62 < 3 |
| Current Ratio: 1.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (100.5m) vs 12m ago 0.0% < -2% |
| Gross Margin: 5.23% > 18% (prev 6.47%; Δ -1.24% > 0.5%) |
| Asset Turnover: 223.6% > 50% (prev 182.8%; Δ 40.83% > 0%) |
| Interest Coverage Ratio: 5.51 > 6 (EBIT TTM 540.0m / Interest Expense TTM 98.0m) |
| A: 0.22 (Total Current Assets 2.43b - Total Current Liabilities 1.41b) / Total Assets 4.78b |
| B: -0.09 (Retained Earnings -422.0m / Total Assets 4.78b) |
| C: 0.12 (EBIT TTM 540.0m / Avg Total Assets 4.39b) |
| D: 0.31 (Book Value of Equity 1.08b / Total Liabilities 3.52b) |
| Altman-Z'' = 2.28 = BBB |
| DSRI: 1.36 (Receivables 464.0m/253.0m, Revenue 9.81b/7.30b) |
| GMI: 1.24 (GM 6.47% / 5.23%) |
| AQI: 0.69 (AQ_t 0.07 / AQ_t-1 0.10) |
| SGI: 1.34 (Revenue 9.81b / 7.30b) |
| TATA: -0.19 (NI 265.0m - CFO 1.17b) / TA 4.78b) |
| Beneish M = -2.47 (Cap -4..+1) = BBB |
As of November 11, 2026, the stock is trading at USD 38.71 with a total of 2,097,189 shares traded. Over the past week, the price has changed by -20.35%, over one month by -34.29%, over three months by +19.40% and over the past year by +7.20%.
Current recommended Stop Loss: 32.40 (which is 16.3% or 1.7 ATR below the current price).
CVR Energy has received a consensus analysts rating of 1.83. Therefore, it is recommended to sell CVI.
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 1
- StrongSell: 3
| Analysts Target Price | 47.5 | 22.7% |
P/E Trailing = 16.3536
P/E Forward = 40.4858
P/S = 0.4408
P/B = 9.3063
P/EG = 0.7142
Revenue TTM = 9.81b USD
EBIT TTM = 540.0m USD
EBITDA TTM = 923.0m USD
Long Term Debt = 1.72b USD (from longTermDebt, last quarter)
Short Term Debt = 12.0m USD (from shortTermDebt, last quarter)
Debt = 1.85b USD (from shortLongTermDebtTotal, last quarter) + Leases 66.0m
Net Debt = 569.0m USD (calculated: Debt 1.85b - CCE 1.28b)
Enterprise Value = 4.89b USD (4.32b + Debt 1.85b - CCE 1.28b)
Interest Coverage Ratio = 5.51 (Ebit TTM 540.0m / Interest Expense TTM 98.0m)
EV/FCF = 5.97x (Enterprise Value 4.89b / FCF TTM 819.0m)
FCF Yield = 16.74% (FCF TTM 819.0m / Enterprise Value 4.89b)
FCF Margin = 8.35% (FCF TTM 819.0m / Revenue TTM 9.81b)
Net Margin = 2.70% (Net Income TTM 265.0m / Revenue TTM 9.81b)
Gross Margin = 5.23% ((Revenue TTM 9.81b - Cost of Revenue TTM 9.30b) / Revenue TTM)
Gross Margin QoQ = 23.86% (prev 4.27%)
Tobins Q-Ratio = 1.02 (Enterprise Value 4.89b / Total Assets 4.78b)
Interest Expense / Debt = 5.31% (Interest Expense 98.0m / Debt 1.85b)
Taxrate = 25.67% (115.0m / 448.0m)
NOPAT = 401.4m (EBIT 540.0m * (1 - 25.67%))
Current Ratio = 1.73 (Total Current Assets 2.43b / Total Current Liabilities 1.41b)
Debt / Equity = 1.70 (Debt 1.85b / totalStockholderEquity, last quarter 1.08b)
Debt / EBITDA = 0.62 (Net Debt 569.0m / EBITDA 923.0m)
Debt / FCF = 0.69 (Net Debt 569.0m / FCF TTM 819.0m)
Total Stockholder Equity = 719.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.04% (Net Income 265.0m / Total Assets 4.78b)
RoE = 36.83% (Net Income TTM 265.0m / Total Stockholder Equity 719.5m)
RoCE = 22.14% (EBIT 540.0m / Capital Employed (Equity 719.5m + L.T.Debt 1.72b))
RoIC = 13.86% (NOPAT 401.4m / Invested Capital 2.90b)
WACC = 6.27% (E(4.32b)/V(6.17b) * Re(7.27%) + D(1.85b)/V(6.17b) * Rd(5.31%) * (1-Tc(0.26)))
Discount Rate = 7.27% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 75.44% ; FCFF base≈819.0m ; Y1≈822.4m ; Y5≈871.2m
[DCF] Fair Price = 129.1 (EV 13.5b - Net Debt 569.0m = Equity 13.0b / Shares 100.5m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 2.92 | # QB: 1
Revenue Correlation: -14.93 | Revenue CAGR: -1.75% | SUE: 4.0 | # QB: 3
EPS current Quarter (2027-03-31): EPS=1.50 | Chg30d=+90.61% | Revisions=+57% | Analysts=5
EPS current Year (2026-12-31): EPS=2.60 | Chg30d=+57.00% | Revisions=+57% | GrowthEPS=+313.1% | GrowthRev=+45.2%
EPS next Year (2027-12-31): EPS=4.55 | Chg30d=+29.70% | Revisions=+57% | GrowthEPS=+75.1% | GrowthRev=-24.8%
[Analyst] Revisions Ratio: +80% (up=12, down=0)