CVR Energy, Inc. (CVI) Income Statement Analysis

See more : BCI Minerals Limited (BCI.AX) Income Statement Analysis – Financial Results

Complete financial analysis of CVR Energy, Inc. (CVI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of CVR Energy, Inc., a leading company in the Oil & Gas Refining & Marketing industry within the Energy sector.

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CVR Energy, Inc. (CVI)

Industry: Oil & Gas Refining & Marketing

Sector: Energy

Website: https://www.cvrenergy.com

About CVR Energy, Inc.

CVR Energy, Inc., together with its subsidiaries, engages in the petroleum refining and nitrogen fertilizer manufacturing activities in the United States. It operates in two segments, Petroleum and Nitrogen Fertilizer. The Petroleum segment refines and markets gasoline, diesel fuel, and other refined products. It also owns and operates a coking medium-sour crude oil refinery in southeast Kansas; and a crude oil refinery in Wynnewood, Oklahoma, as well as supporting logistics assets. This segment primarily serves retailers, railroads, farm co-operatives, and other refiners/marketers. The Nitrogen Fertilizer segment owns and operates a nitrogen fertilizer plant in North America that utilizes a pet coke gasification process to produce nitrogen fertilizer products; and a nitrogen fertilizer facility in East Dubuque, Illinois that produces nitrogen fertilizers in the form of ammonia and urea ammonium nitrate (UAN). It primarily markets UAN products to agricultural customers; and ammonia products to agricultural and industrial customers. The company was founded in 1906 and is headquartered in Sugar Land, Texas. CVR Energy, Inc. is a subsidiary of Icahn Enterprises L.P.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	9.25B	10.90B	7.24B	3.93B	6.36B	7.12B	5.99B	4.78B	5.43B	9.11B	8.99B	8.57B	5.03B	4.08B	3.14B	5.02B	2.97B	3.04B	1.45B
Cost of Revenue	7.98B	9.77B	7.02B	4.12B	5.66B	6.41B	5.69B	4.57B	4.78B	8.58B	8.02B	7.22B	4.28B	3.81B	2.77B	4.46B	2.57B	2.64B	1.25B
Gross Profit	1.27B	1.13B	218.00M	-189.00M	702.00M	716.00M	302.70M	208.60M	657.40M	528.40M	966.80M	1.35B	751.50M	269.90M	362.59M	554.30M	399.66M	395.21M	200.81M
Gross Profit Ratio	13.69%	10.37%	3.01%	-4.81%	11.03%	10.05%	5.05%	4.36%	12.10%	5.80%	10.76%	15.74%	14.94%	6.62%	11.56%	11.05%	13.47%	13.01%	13.81%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	141.00M	149.00M	119.00M	86.00M	117.00M	112.00M	114.20M	109.10M	99.00M	109.70M	113.50M	183.40M	98.00M	92.00M	68.92M	35.24M	93.12M	62.60M	18.32M
Other Expenses	0.00	7.00M	9.00M	10.00M	9.00M	15.00M	1.00M	5.70M	36.70M	-3.70M	13.50M	1.80M	86.96M	86.76M	84.87M	370.32M	102.30M	51.00M	23.95M
Operating Expenses	143.00M	156.00M	128.00M	96.00M	126.00M	123.00M	124.90M	117.70M	263.10M	264.10M	256.30M	313.40M	184.90M	176.80M	153.79M	405.55M	195.42M	113.60M	42.27M
Cost & Expenses	8.12B	9.92B	7.15B	4.22B	5.79B	6.53B	5.81B	4.69B	5.04B	8.85B	8.28B	7.53B	4.46B	3.99B	2.93B	4.87B	2.76B	2.76B	1.30B
Interest Income	0.00	85.00M	36.00M	89.00M	102.00M	0.00	1.10M	700.00K	1.00M	900.00K	1.20M	867.00K	489.00K	2.21M	1.72M	1.14B	0.00	0.00	0.00
Interest Expense	52.00M	85.00M	117.00M	130.00M	102.00M	102.00M	110.10M	83.90M	48.40M	40.00M	50.50M	75.40M	55.80M	50.30M	44.24M	40.31M	0.00	0.00	0.00
Depreciation & Amortization	298.00M	288.00M	279.00M	278.00M	287.00M	274.00M	214.00M	193.10M	164.10M	154.40M	142.80M	130.00M	90.30M	86.80M	86.81M	84.17M	71.18M	54.34M	25.71M
EBITDA	1.44B	1.26B	369.00M	-7.00M	863.00M	812.00M	323.00M	266.20M	532.10M	604.30M	910.40M	843.60M	734.20M	165.10M	227.70M	350.34M	275.42M	335.95M	184.24M
EBITDA Ratio	15.52%	8.30%	1.57%	-6.82%	9.40%	8.69%	3.18%	2.21%	10.97%	4.57%	9.66%	13.62%	13.06%	4.41%	9.48%	8.06%	20.22%	8.75%	34.44%
Operating Income	1.12B	963.00M	87.00M	-333.00M	580.00M	587.00M	177.80M	90.90M	421.60M	264.30M	710.50M	1.03B	566.60M	93.10M	208.19M	148.74M	204.23M	281.61M	158.54M
Operating Income Ratio	12.14%	8.84%	1.20%	-8.47%	9.11%	8.24%	2.97%	1.90%	7.76%	2.90%	7.91%	12.08%	11.27%	2.28%	6.64%	2.97%	6.88%	9.27%	10.90%
Total Other Income/Expenses	-38.00M	-162.00M	-21.00M	-82.00M	-89.00M	-87.00M	-107.00M	-80.90M	-39.30M	142.80M	-4.80M	-110.10M	21.50M	-64.99M	-109.60M	79.11M	-360.58M	29.80M	-340.66M
Income Before Tax	1.09B	801.00M	66.00M	-415.00M	491.00M	500.00M	17.50M	-10.90M	382.30M	407.10M	705.70M	638.20M	588.10M	28.10M	98.59M	227.85M	-138.67M	311.41M	-182.13M
Income Before Tax Ratio	11.73%	7.35%	0.91%	-10.56%	7.72%	7.02%	0.29%	-0.23%	7.04%	4.47%	7.85%	7.45%	11.69%	0.69%	3.14%	4.54%	-4.67%	10.25%	-12.52%
Income Tax Expense	207.00M	157.00M	-8.00M	-95.00M	129.00M	89.00M	-216.90M	-19.80M	84.50M	97.70M	183.70M	225.60M	209.50M	13.80M	29.24M	63.91M	-81.64M	119.84M	-62.97M
Net Income	769.00M	644.00M	74.00M	-320.00M	380.00M	289.00M	234.40M	24.70M	169.60M	173.90M	370.70M	378.60M	345.80M	14.30M	69.35M	163.94M	-56.82M	191.57M	-119.16M
Net Income Ratio	8.32%	5.91%	1.02%	-8.14%	5.97%	4.06%	3.91%	0.52%	3.12%	1.91%	4.13%	4.42%	6.88%	0.35%	2.21%	3.27%	-1.92%	6.31%	-8.19%
EPS	7.65	6.41	0.74	-3.18	3.78	3.12	2.70	0.28	1.95	2.00	4.27	4.36	4.00	0.17	0.80	1.90	-0.66	2.26	-1.41
EPS Diluted	7.65	6.41	0.74	-3.18	3.78	3.12	2.70	0.28	1.95	2.00	4.27	4.33	3.94	0.16	0.80	1.90	-0.66	2.26	-1.41
Weighted Avg Shares Out	100.50M	100.50M	100.50M	100.50M	100.50M	92.50M	86.80M	86.80M	86.80M	86.80M	86.80M	86.82M	86.49M	86.34M	86.25M	86.15M	86.14M	84.72M	84.72M
Weighted Avg Shares Out (Dil)	100.50M	100.50M	100.50M	100.50M	100.50M	92.50M	86.80M	86.80M	86.80M	86.80M	86.80M	87.39M	87.77M	86.79M	86.34M	86.22M	86.16M	84.73M	84.73M

ICAHN ENTERPRISES L.P. AND ICAHN ENTERPRISES HOLDINGS L.P.

December 6, 2024prnewswire.com

SUNNY ISLES BEACH, Fla. , Dec. 6, 2024 /PRNewswire/ -- Icahn Enterprises L.P.

Dividend Aristocrats Yielding over 6% to Buy in November

November 19, 2024247wallst.com

Now that we have officially entered November, a whole entirely new world of volatility appears to be present in the stock market.

CVR Energy Shares Gain as Carl Icahn Plans to Boost Stake

November 12, 2024zacks.com

Carl Icahn's investment fund halves dividends to increase its holding in CVI, betting on the potential of the undervalued stock.

Icahn Enterprises seeks to raise stake in refiner CVR Energy

November 8, 2024reuters.com

Icahn Enterprises , headed by billionaire activist investor Carl Icahn, said on Friday it has submitted a proposal to boost its stake in refiner CVR Energy to 81.3%.

Icahn plans raising stake in oil refiner CVR, WSJ reports

November 7, 2024reuters.com

Icahn Enterprises LP (IEP) plans to raise its stake in U.S. oil refiner CVR Energy by more than 20%, the Wall Street Journal reported on Thursday.

Stock Market Rally Is 2 Years Old: 3 Passive Income Favorites Are November Bargains

November 2, 2024247wallst.com

24/7 Wall St. Insights The long AI-driven rally has many tech stocks overvalued.

CVR Energy Sinks After Poor Q3 Results, Suspends Dividend And Should Be Avoided

October 30, 2024seekingalpha.com

CVR Energy is downgraded to a Sell due to poor Q3 2024 results, including a $124 million net loss and suspension of the dividend. The energy sector's volatility and geopolitical instability have negatively impacted CVI, with refining margins and throughput...

CVR Energy, Inc. (CVI) Q3 2024 Earnings Call Transcript

October 29, 2024seekingalpha.com

CVR Energy, Inc. Q3 2024 Earnings Conference Call October 29, 2024 1:00 PM ET Company Participants Richard Roberts - Financial Planning & Analysis & Investor Relations Dave Lamp - Chief Executive Officer Dane Neumann - Chief Financial Officer Conference Call...

CVR Energy Dividend Suspension Likely Forces Icahn Enterprises To Do The Same

October 29, 2024seekingalpha.com

CVR Energy, Inc.'s refining margins plummeted, causing a 96% drop in free cash flow and a 90% decline in adjusted EBITDA. The dividend suspension could be seen a mile away. Icahn Enterprises L.P.'s reliance on CVI's dividends, critically impacts its...