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CVR Energy CVI Nitrogen Fertilizer Segment — Turnaround expenses incurred

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UANNitrogen Fertilizer Segment — Turnaround expenses
$1.11M+24.4%
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UANNitrogen Fertilizer Segment — CapEx
$17.33M+61.3%
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UANNitrogen Fertilizer Segment — Feedstocks
$13.22M-17.9%
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UANNitrogen Fertilizer Segment — Interest Expense, Nonoperating
$8.74M-3.0%
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UANNitrogen Fertilizer Segment — D&A
$22.22M+6.5%
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UANNitrogen Fertilizer Segment — Distribution costs
$15.26M+2.6%

Other financials

Income statement

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Revenue$2.7B+55.5%
Gross profit$117.0M+277%
Operating income$78.0M+176%
Net income-$3.0M+97.4%
EPS (diluted)-$0.03+97.4%

Balance sheet

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Cash & equivalents$737.0M+23.7%
Total debt$1.8B-4.1%
Total equity$525.0M+12.7%
Total assets$4.1B+2.4%

Cash flow

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Operating cash flow$307.0M
CapEx$43.0M+4.9%
Free cash flow$264.0M

Valuation

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Market cap$3.15B+17.4%
Enterprise value$4.23B+6.3%
P/E48.5×-24.1×
P/S0.4×0.0×

Profitability

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

Returns & leverage

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Return on equity21.9%+13.3pp
Debt / equity3.4×-0.6×
Current ratio1.4×+0.2×

Where this comes from

Reported directly by CVR Energy in its filing.

Tagged under the XBRL concept cvi:TurnaroundCosts.

The source filing: CVR Energy’s 10-K, filed February 18, 2026.

Filed
Feb 18, 2026, 4:35 PM EST
Fiscal year
FY2025
Accession
0001376139-26-000014

Nitrogen Fertilizer Segment - The Nitrogen Fertilizer Segment follows the direct-expense method of accounting for turnaround activities. Costs associated with these turnaround activities are included in Direct operating expenses (exclusive of depreciation and amortization) on our Consolidated Statements of Operations. During the years ended December 31, 2025, 2024, and 2023, the Nitrogen Fertilizer Segment incurred turnaround expenses of $17 million, less than $1 million, and $2 million, respectively.

Item 8. Financial Statements and Supplementary Data

FAQ

What is CVR Energy's nitrogen fertilizer segment — turnaround expenses incurred?
CVR Energy (CVI) reported nitrogen fertilizer segment — turnaround expenses incurred of $4.25M in Q4 2025.
How has CVR Energy's nitrogen fertilizer segment — turnaround expenses incurred changed year-over-year?
CVR Energy's nitrogen fertilizer segment — turnaround expenses incurred increased by 1600.0% year-over-year, from $250K to $4.25M.
What is the long-term trend for CVR Energy's nitrogen fertilizer segment — turnaround expenses incurred?
Over 4 years (2021 to 2025), CVR Energy's nitrogen fertilizer segment — turnaround expenses incurred has grown at a 54.3% compound annual growth rate (CAGR), from $3M to $17M.
What does nitrogen fertilizer segment — turnaround expenses incurred mean?
This metric tracks the costs associated with major planned maintenance or 'turnaround' events required to keep fertilizer production facilities operational and safe. High or frequent expenses may indicate aging infrastructure or necessary periodic overhauls.

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