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Segments

By segment

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Refining$26.65M+7.0%
Logistics$6.14M-5.9%
Retail$2.76M+9.9%
Corporate and Other$901K+19.7%

Other financials

Income statement

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Revenue$3.0B+56.8%
Gross profit$852.7M+184%
Operating income$634.6M+556%
Net income$462.1M+677%
EPS (diluted)$9.35+699%

Balance sheet

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Cash & equivalents$192.4M+13.5%
Total debt$1.1B-28.2%
Total equity$2.0B+72.6%
Total assets$4.5B+16.4%

Cash flow

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Operating cash flow$282.6M+112%
CapEx$39.7M-17.5%
Free cash flow$242.9M+184%

Valuation

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Market cap$3.45B+147%
Enterprise value$4.4B+56.6%
P/E
P/S0.4×+0.2×

Profitability

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Gross margin23.1%+11.5pp
Operating margin13.4%
Net margin9.9%+9.7pp
FCF margin4.8%+4.4pp

Returns & leverage

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Return on equity54.7%+53.2pp
Debt / equity0.6×-0.8×
Current ratio1.8×+0.4×

Where this comes from

Reported directly by Par Pacific Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Par Pacific Holdings, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:51 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000821483-26-000014
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Operating expenses
Cost of revenues (excluding depreciation)2,116,1891,593,4793,674,6933,152,839
Operating expense (excluding depreciation)157,122148,680299,640292,834
Depreciation and amortization36,45434,71270,91471,298
General and administrative expense (excluding depreciation)28,04723,64852,92247,891
Equity earnings from refining and logistics investments(7,468)(7,305)(13,297)(14,819)
Acquisition and integration costs64
Par West redevelopment and other costs3,6764,6906,6618,672

Item 1. FINANCIAL STATEMENTS

FAQ

What is Par Pacific Holdings, Inc.'s D&A?
Par Pacific Holdings, Inc. (PARR) reported D&A of $36.45M in Q2 2026.
How has Par Pacific Holdings, Inc.'s D&A changed year-over-year?
Par Pacific Holdings, Inc.'s D&A increased by 5.0% year-over-year, from $34.71M to $36.45M.
What is the long-term trend for Par Pacific Holdings, Inc.'s D&A?
Over 4 years (2021 to 2025), Par Pacific Holdings, Inc.'s D&A has grown at a 11.2% compound annual growth rate (CAGR), from $94.24M to $144.33M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

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