CVR Energy Inc (CVI)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 13.76% | 14.41% | 10.67% | 11.47% | 10.37% | 8.91% | 10.39% | 7.18% | 3.02% | 0.67% | -3.54% | -4.39% | -4.86% | 0.25% | 4.56% | 6.64% | 11.03% | 11.56% | 11.09% | 9.81% |
| Operating profit margin | 12.13% | 12.71% | 9.03% | 9.92% | 8.83% | 7.42% | 8.81% | 5.42% | 1.20% | -1.30% | -5.62% | -7.84% | -8.50% | -3.15% | 1.34% | 4.74% | 9.11% | 9.72% | 9.35% | 7.86% |
| Pretax margin | 10.55% | 10.54% | 6.95% | 6.89% | 5.71% | 4.24% | 4.93% | 2.77% | 0.23% | -0.83% | -5.77% | -7.23% | -8.91% | -4.50% | 1.66% | 4.16% | 8.00% | 8.16% | 7.20% | 5.61% |
| Net profit margin | 8.32% | 8.12% | 5.35% | 5.23% | 4.26% | 3.27% | 3.46% | 1.94% | 0.35% | -0.46% | -3.89% | -4.88% | -6.52% | -3.29% | 1.42% | 3.20% | 5.97% | 6.26% | 5.40% | 4.24% |
CVR Energy Inc's profitability ratios have shown improvement over the analyzed quarters. The gross profit margin has displayed a generally increasing trend, indicating the company's ability to control its production costs effectively. The operating profit margin has also shown improvement, indicating better operational efficiency and cost management.
Moreover, the pretax margin has been increasing steadily, showcasing the company's ability to generate profits before accounting for taxes. The net profit margin has shown a similar positive trend, demonstrating the company's ability to generate profits after all expenses have been accounted for.
Overall, the increasing trend in CVR Energy Inc's profitability ratios reflects a positive outlook for the company's financial performance and efficiency in managing its operations.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 23.84% | 27.96% | 21.20% | 25.48% | 23.36% | 18.21% | 17.94% | 10.17% | 2.23% | -2.09% | -7.95% | -7.98% | -8.40% | -3.56% | 1.71% | 6.91% | 14.85% | 16.03% | 16.71% | 14.35% |
| Return on assets (ROA) | 16.34% | 17.87% | 12.57% | 13.43% | 11.26% | 8.04% | 7.04% | 3.64% | 0.64% | -0.75% | -5.50% | -4.97% | -6.44% | -3.72% | 1.81% | 4.65% | 9.73% | 10.32% | 9.66% | 7.74% |
| Return on total capital | 38.07% | 129.15% | 118.41% | 158.81% | 49.82% | 136.79% | 108.97% | 68.63% | 15.73% | -14.29% | -62.53% | -34.05% | -32.78% | -12.73% | 5.68% | 23.27% | 41.64% | 44.44% | 46.24% | 41.40% |
| Return on equity (ROE) | 90.79% | 82.55% | 70.20% | 83.70% | 87.38% | 60.36% | 42.78% | 24.53% | 4.52% | -5.11% | -43.27% | -21.20% | -25.12% | -13.28% | 6.02% | 15.67% | 27.28% | 28.62% | 26.73% | 22.34% |
CVR Energy Inc's profitability ratios exhibit a strong performance trend over recent quarters. The operating return on assets (Operating ROA) has shown consistency and improvement, ranging from 21.48% to 28.23% in the most recent quarter. This indicates the company's ability to generate profits from its operational assets efficiently.
Return on assets (ROA) has also demonstrated a positive trend, increasing from 11.24% in Q4 2022 to 17.85% in Q3 2023. This ratio reflects the company's overall ability to generate earnings relative to its total assets.
Return on total capital has been consistently high, with values ranging from 35.51% to 49.00% over the analyzed periods. This suggests that CVR Energy Inc is utilizing its total capital effectively to generate returns for its shareholders and creditors.
Furthermore, return on equity (ROE) has witnessed substantial growth, with a notable increase from 24.53% in Q1 2022 to 90.79% in the most recent quarter. This indicates that the company is efficiently generating profits for its shareholders based on the equity invested.
Overall, CVR Energy Inc's profitability ratios show a positive trajectory, reflecting strong operational performance and efficient utilization of assets and capital to drive profitability and return for its stakeholders.