Forensic Analysis · Energy / Oil & Gas · as of Sep 4, 2026
Cvr Energy Inc (CVI)
A forensic read on Cvr Energy Inc built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Grey Zone
Financial health
2.2
Distress distance
Clean
Earnings quality
6
Forensic signals
50.9
P / E (ttm)
3.7%
ROE
$4.4B
Market cap
6.26%
Dividend yield
-5.9%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Cvr Energy Inc earns a C (Mixed — selective) forensic quality grade, and its balance-sheet distress test reads 2.2, placing it in the Grey zone. 6 forensic signals were flagged in its latest SEC filings, led by shareholder returns — halted.
What the filings flag
stopped
FY2024→FY2025
Shareholder returns — halted.Capital returns have STOPPED — $151M of buybacks + dividends in FY2024, but ~$0 in FY2025. A halt usually means the company is conserving cash.
suspended
FY2024→FY2025
Dividend — suspended.The dividend has been SUSPENDED — $151M paid in FY2024, then $0 in FY2025. A suspension is a major signal the board is conserving cash; the prior payment history doesn't offset it.
+19.3%
FY2024→FY2025
Accruals ratio (% of NOA).Net operating assets grew +19.3% relative to their own average in FY2025 — scaled by NOA itself, not by total assets, which is what the Forensic Screens card's own accrual row divides by. Accruals are building faster than is comfortable — part of profit is sitting in the balance sheet rather than turning to cash. The build is led by payables paid down 23% against -8% in cost of sales. A cash-flow measure on the same base disagrees: reported earnings ran behind operating cash by 6% of net operating assets, against an accruals ratio of 19.3%. The two are computed differently: the accruals ratio is the change in net operating assets over average net operating assets, while the cash-flow figure is net income less operating cash flow over that same average. Read them as two results, not one.
6.5%
FY2025
Return on invested capital.Return on invested capital is 6.5% in the latest fiscal year and slipping from 36% — around its ~8% cost of capital, so growth is roughly value-neutral.
+0.0%/yr
FY2022–FY2025
Key fundamentals
Latest Revenue$7.16B
Revenue Growth YoY-5.9%
Net Margin0.4%
Free Cash Flow-$41.0M
Return on Equity3.7%
Debt / Equity2.42x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Cvr Energy Inc's actual 10-K/10-Q/8-K filings?
Data from SEC EDGAR public filings · metrics as of Sep 4, 2026. Forensic signals flag probability, not certainty.
Cvr Energy Inc (CVI) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
Share count.Diluted share count changed +0% over the last 3 years to FY2025 (+0.0%/yr). Roughly flat — the count is neither shrinking nor growing meaningfully. Per-share value isn't being meaningfully helped or hurt by the count.
$41M
FY2020–FY2020
Goodwill impairments.Took $41M of goodwill writedowns across 1 year (FY2020 ($41M)). Writedowns mean past acquisitions underperformed what was paid for them.