CVR Energy Inc (CVI)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 2.69% | 13.77% | 10.37% | 3.01% | -4.81% |
| Operating profit margin | 0.76% | 12.14% | 8.84% | 1.20% | -8.47% |
| Pretax margin | -0.25% | 10.55% | 5.69% | 0.23% | -8.93% |
| Net profit margin | 0.09% | 8.32% | 4.25% | 0.35% | -6.51% |
CVR Energy Inc's gross profit margin has shown improvement over the years, increasing from a negative 4.81% in 2020 to 13.77% in 2023, before declining slightly to 2.69% in 2024. This indicates that the company is effectively managing its cost of goods sold and generating higher returns on its revenue.
Similarly, the operating profit margin for CVR Energy has been on an upward trend, moving from negative 8.47% in 2020 to 12.14% in 2023, with a slight dip to 0.76% in 2024. This suggests that the company has been able to control its operating expenses effectively and improve its operating efficiency.
The pretax margin for CVR Energy Inc has also shown a positive trend, increasing from negative 8.93% in 2020 to 10.55% in 2023, before falling slightly to -0.25% in 2024. This indicates that the company has been able to better manage its taxes and other expenses relative to its revenue.
However, the net profit margin for CVR Energy has been relatively volatile, with fluctuations from a negative 6.51% in 2020 to 8.32% in 2023, before dropping to 0.09% in 2024. This variability suggests that the company may be facing challenges in controlling its bottom-line profitability, possibly due to factors such as interest expenses or one-time charges.
Overall, CVR Energy Inc has shown improvements in its profitability margins over the years, but the fluctuating nature of its net profit margin indicates the need for the company to continue monitoring and addressing factors that may impact its overall profitability.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.36% | 23.86% | 23.38% | 2.23% | -8.37% |
| Return on assets (ROA) | 0.16% | 16.34% | 11.24% | 0.64% | -6.44% |
| Return on total capital | 2.63% | 38.11% | 49.87% | 15.73% | -32.68% |
| Return on equity (ROE) | 1.00% | 90.79% | 87.19% | 4.52% | -25.12% |
1. Operating Return on Assets (Operating ROA):
- CVR Energy Inc's Operating ROA fluctuated significantly over the past five years, with a sharp decline to -8.37% at the end of 2020. However, the company managed to improve its performance, reaching 23.86% by the end of 2023. The Operating ROA dropped slightly to 1.36% by the end of 2024.
2. Return on Assets (ROA):
- The Return on Assets ratio for CVR Energy Inc was negative at -6.44% at the end of 2020 but showed improvement over the years, reaching 16.34% by the end of 2023. However, at the end of 2024, the ROA decreased to 0.16%.
3. Return on Total Capital:
- CVR Energy Inc's Return on Total Capital was extremely negative at -32.68% at the end of 2020, but the company managed to turn this around and achieve a positive return by the end of 2021 at 15.73%. The ratio continued to improve significantly, reaching 49.87% by the end of 2022. However, it dropped to 2.63% by the end of 2024.
4. Return on Equity (ROE):
- The Return on Equity for CVR Energy Inc was negative at -25.12% at the end of 2020, but the company steadily improved this ratio, reaching 90.79% by the end of 2023. However, there was a significant drop to 1.00% by the end of 2024.
Overall, CVR Energy Inc showed varying profitability performance over the years, with some ratios displaying significant improvement while others experienced fluctuations. It is important for the company to continually monitor and evaluate these ratios to ensure sustained profitability and shareholder value.