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CVR Energy CVI Nitrogen Fertilizer Segment — Outstanding Letters of Credit

Other segment segments

Petroleum Segment
$11M-54.2%

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DOCNLetters of credit, number remaining
0-100%
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IBOCInternational Banking Services — Letters Of Credit Outstanding Amount
$135.58M-9.3%
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WRBReinsurance & Monoline Excess — Letters of Credit Outstanding, Amount
$28M+3.7%
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PPGOutstanding letters of credit and surety bonds
$272M-9.9%

Other financials

Income statement

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Revenue$2.0B+20.3%
Gross profit-$103.0M-13.2%
Operating income-$145.0M-10.7%
Net income-$192.0M-56.1%
EPS (diluted)-$1.91-56.6%

Balance sheet

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Cash & equivalents$512.0M-26.3%
Total debt$1.8B-6.9%
Total equity$538.0M-7.2%
Total assets$3.9B-9.2%

Cash flow

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Operating cash flow$64.0M+133%
CapEx$47.0M-7.8%
Free cash flow$17.0M+107%

Valuation

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Market cap$2.73B+73.5%
Enterprise value$4.03B+46.3%
P/S0.4×+0.1×

Profitability

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Gross margin6.3%+2.4pp
Operating margin4.1%+2.1pp
Net margin2.3%+1.4pp
FCF margin-2%

Returns & leverage

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Return on equity21.9%+13.3pp
Debt / equity3.4×0.0×
Current ratio1.4×+0.1×

Where this comes from

Reported directly by CVR Energy in its filing.

Tagged under the XBRL concept us-gaap:LettersOfCreditOutstandingAmount.

The official record: CVR Energy’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CVR Energy's nitrogen fertilizer segment — outstanding letters of credit?
CVR Energy (CVI) reported nitrogen fertilizer segment — outstanding letters of credit of $0 in Q1 2026.
What does nitrogen fertilizer segment — outstanding letters of credit mean?
The total value of letters of credit issued on behalf of the nitrogen fertilizer segment to guarantee payment or performance to third parties. These instruments reduce available borrowing capacity and represent contingent liabilities for the segment.