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Par Pacific Holdings, Inc. PARR Non-Cash Lower of Cost and Net Realizable Value Adjustment

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Other financials

Income statement

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Revenue$1.8B+4.5%
Gross profit$265.2M+42.9%
Operating income$65.3M+514%
Net income$54.5M+279%
EPS (diluted)$1.10+293%

Balance sheet

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Cash & equivalents$172.5M+28.7%
Total debt$1.4B-17.0%
Total equity$1.5B+36.3%
Total assets$4.2B+12.2%

Cash flow

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Operating cash flow-$40.7M-2,810%
CapEx$43.1M+5.2%
Free cash flow-$83.8M-97.9%

Valuation

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Market cap$2.54B+300%
Enterprise value$3.73B+88.3%
P/E5.6×
P/S0.3×+0.3×

Profitability

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Gross margin19%+8.3pp
Operating margin8.2%
Net margin6%+5.4pp
FCF margin3.4%+2.7pp

Returns & leverage

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Return on equity34.6%+30.7pp
Debt / equity0.9×-0.6×
Current ratio1.6×+0.1×

Where this comes from

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

Tagged under the XBRL concept parr:NonCashLowerOfCostAndNetRealizableValueAdjustment.

The official record: Par Pacific Holdings, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Par Pacific Holdings, Inc.'s non-cash lower of cost and net realizable value adjustment?
Par Pacific Holdings, Inc. (PARR) reported non-cash lower of cost and net realizable value adjustment of $785K in Q1 2026.
How has Par Pacific Holdings, Inc.'s non-cash lower of cost and net realizable value adjustment changed year-over-year?
Par Pacific Holdings, Inc.'s non-cash lower of cost and net realizable value adjustment decreased by 65.7% year-over-year, from $2.29M to $785K.
What does non-cash lower of cost and net realizable value adjustment mean?
Reflects the non-cash adjustment required to write down the carrying value of inventory when its market value falls below the original cost. This adjustment ensures that inventory is reported at the lower of cost or net realizable value on the balance sheet. It serves as an indicator of potential inventory obsolescence or adverse market pricing trends for commodities.