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Other segment segments

Logistics
$5.8M-14.9%
Retail
$2.44M-8.5%
Corporate and Other
$804K+13.6%

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$387M-4.7%
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$146.7M-7.5%
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DALRefinery — D&A
$28M0.0%

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 us-gaap:DepreciationDepletionAndAmortization.

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 refining — D&A?
Par Pacific Holdings, Inc. (PARR) reported refining — D&A of $25.42M in Q1 2026.
How has Par Pacific Holdings, Inc.'s refining — D&A changed year-over-year?
Par Pacific Holdings, Inc.'s refining — D&A decreased by 3.7% year-over-year, from $26.4M to $25.42M.
What is the long-term trend for Par Pacific Holdings, Inc.'s refining — D&A?
Over 4 years (2021 to 2025), Par Pacific Holdings, Inc.'s refining — D&A has grown at a 15.7% compound annual growth rate (CAGR), from $58.26M to $104.39M.
What does refining — D&A mean?
Represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives within the refining segment. This metric reflects the capital intensity of the refining business and the ongoing consumption of infrastructure. It is essential for reconciling operating income to cash flow from operations.