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Side-by-side financial comparison of CVR ENERGY INC (CVI) and Deckers Brands (DECK). Click either name above to swap in a different company.

Deckers Brands is the larger business by last-quarter revenue ($2.0B vs $1.8B, roughly 1.1× CVR ENERGY INC). Deckers Brands runs the higher net margin — 24.6% vs -6.1%, a 30.7% gap on every dollar of revenue. On growth, Deckers Brands posted the faster year-over-year revenue change (7.1% vs -7.0%). Over the past eight quarters, Deckers Brands's revenue compounded faster (42.8% CAGR vs -1.4%).

CVR Energy Inc is a United States-based energy holding company operating two core segments: petroleum refining and nitrogen fertilizer manufacturing. It produces a wide range of products including gasoline, diesel, jet fuel, and agricultural fertilizers, primarily serving commercial, industrial and agricultural customers across North America.

Deckers Outdoor Corporation, doing business as Deckers Brands, is an American footwear designer and distributor founded in 1973 and based in Goleta, California. The company's portfolio of brands includes UGG, Teva, and Hoka. It was founded by Doug Otto and Karl F. Lopker.

CVI vs DECK — Head-to-Head

Bigger by revenue
DECK
DECK
1.1× larger
DECK
$2.0B
$1.8B
CVI
Growing faster (revenue YoY)
DECK
DECK
+14.1% gap
DECK
7.1%
-7.0%
CVI
Higher net margin
DECK
DECK
30.7% more per $
DECK
24.6%
-6.1%
CVI
Faster 2-yr revenue CAGR
DECK
DECK
Annualised
DECK
42.8%
-1.4%
CVI

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CVI
CVI
DECK
DECK
Revenue
$1.8B
$2.0B
Net Profit
$-110.0M
$481.1M
Gross Margin
-3.1%
59.8%
Operating Margin
-5.3%
31.4%
Net Margin
-6.1%
24.6%
Revenue YoY
-7.0%
7.1%
Net Profit YoY
-492.9%
5.3%
EPS (diluted)
$-1.09
$3.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CVI
CVI
DECK
DECK
Q4 25
$1.8B
$2.0B
Q3 25
$1.9B
$1.4B
Q2 25
$1.8B
$964.5M
Q1 25
$1.6B
$1.0B
Q4 24
$1.9B
$1.8B
Q3 24
$1.8B
$1.3B
Q2 24
$2.0B
$825.3M
Q1 24
$1.9B
$959.8M
Net Profit
CVI
CVI
DECK
DECK
Q4 25
$-110.0M
$481.1M
Q3 25
$374.0M
$268.2M
Q2 25
$-114.0M
$139.2M
Q1 25
$-123.0M
$151.4M
Q4 24
$28.0M
$456.7M
Q3 24
$-124.0M
$242.3M
Q2 24
$21.0M
$115.6M
Q1 24
$82.0M
$127.5M
Gross Margin
CVI
CVI
DECK
DECK
Q4 25
-3.1%
59.8%
Q3 25
28.8%
56.2%
Q2 25
-3.7%
55.8%
Q1 25
-5.5%
56.7%
Q4 24
3.0%
60.3%
Q3 24
-3.9%
55.9%
Q2 24
2.9%
56.9%
Q1 24
8.6%
56.2%
Operating Margin
CVI
CVI
DECK
DECK
Q4 25
-5.3%
31.4%
Q3 25
26.3%
22.8%
Q2 25
-5.8%
17.1%
Q1 25
-8.0%
17.0%
Q4 24
1.1%
31.0%
Q3 24
-6.2%
23.3%
Q2 24
1.4%
16.1%
Q1 24
6.6%
15.0%
Net Margin
CVI
CVI
DECK
DECK
Q4 25
-6.1%
24.6%
Q3 25
19.2%
18.7%
Q2 25
-6.5%
14.4%
Q1 25
-7.5%
14.8%
Q4 24
1.4%
25.0%
Q3 24
-6.8%
18.5%
Q2 24
1.1%
14.0%
Q1 24
4.4%
13.3%
EPS (diluted)
CVI
CVI
DECK
DECK
Q4 25
$-1.09
$3.33
Q3 25
$3.72
$1.82
Q2 25
$-1.14
$0.93
Q1 25
$-1.22
$-2.78
Q4 24
$0.28
$3.00
Q3 24
$-1.24
$1.59
Q2 24
$0.21
$4.52
Q1 24
$0.81
$4.82

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CVI
CVI
DECK
DECK
Cash + ST InvestmentsLiquidity on hand
$511.0M
$2.1B
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$730.0M
$2.6B
Total Assets
$3.7B
$4.1B
Debt / EquityLower = less leverage
2.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVI
CVI
DECK
DECK
Q4 25
$511.0M
$2.1B
Q3 25
$670.0M
$1.4B
Q2 25
$596.0M
$1.7B
Q1 25
$695.0M
$1.9B
Q4 24
$987.0M
$2.2B
Q3 24
$534.0M
$1.2B
Q2 24
$586.0M
$1.4B
Q1 24
$644.0M
$1.5B
Total Debt
CVI
CVI
DECK
DECK
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.6B
Stockholders' Equity
CVI
CVI
DECK
DECK
Q4 25
$730.0M
$2.6B
Q3 25
$840.0M
$2.5B
Q2 25
$466.0M
$2.5B
Q1 25
$580.0M
$2.5B
Q4 24
$703.0M
$2.6B
Q3 24
$675.0M
$2.2B
Q2 24
$849.0M
$2.1B
Q1 24
$879.0M
$2.1B
Total Assets
CVI
CVI
DECK
DECK
Q4 25
$3.7B
$4.1B
Q3 25
$4.0B
$3.8B
Q2 25
$4.0B
$3.8B
Q1 25
$4.3B
$3.6B
Q4 24
$4.3B
$4.0B
Q3 24
$3.9B
$3.4B
Q2 24
$4.0B
$3.3B
Q1 24
$4.1B
$3.1B
Debt / Equity
CVI
CVI
DECK
DECK
Q4 25
2.40×
Q3 25
2.17×
Q2 25
3.97×
Q1 25
3.29×
Q4 24
2.71×
Q3 24
2.33×
Q2 24
1.86×
Q1 24
1.79×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CVI
CVI
DECK
DECK
Operating Cash FlowLast quarter
$0
$1.0B
Free Cash FlowOCF − Capex
$1.0B
FCF MarginFCF / Revenue
52.1%
Capex IntensityCapex / Revenue
3.0%
1.1%
Cash ConversionOCF / Net Profit
2.17×
TTM Free Cash FlowTrailing 4 quarters
$929.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVI
CVI
DECK
DECK
Q4 25
$0
$1.0B
Q3 25
$163.0M
$8.1M
Q2 25
$176.0M
$36.1M
Q1 25
$-195.0M
$-73.0M
Q4 24
$98.0M
$1.1B
Q3 24
$48.0M
$-90.5M
Q2 24
$81.0M
$112.7M
Q1 24
$177.0M
$-28.7M
Free Cash Flow
CVI
CVI
DECK
DECK
Q4 25
$1.0B
Q3 25
$125.0M
$-13.9M
Q2 25
$135.0M
$12.2M
Q1 25
$-246.0M
$-89.4M
Q4 24
$43.0M
$1.1B
Q3 24
$14.0M
$-113.4M
Q2 24
$38.0M
$90.1M
Q1 24
$130.0M
$-44.0M
FCF Margin
CVI
CVI
DECK
DECK
Q4 25
52.1%
Q3 25
6.4%
-1.0%
Q2 25
7.7%
1.3%
Q1 25
-14.9%
-8.8%
Q4 24
2.2%
58.6%
Q3 24
0.8%
-8.6%
Q2 24
1.9%
10.9%
Q1 24
7.0%
-4.6%
Capex Intensity
CVI
CVI
DECK
DECK
Q4 25
3.0%
1.1%
Q3 25
2.0%
1.5%
Q2 25
2.3%
2.5%
Q1 25
3.1%
1.6%
Q4 24
2.8%
1.3%
Q3 24
1.9%
1.7%
Q2 24
2.2%
2.7%
Q1 24
2.5%
1.6%
Cash Conversion
CVI
CVI
DECK
DECK
Q4 25
2.17×
Q3 25
0.44×
0.03×
Q2 25
0.26×
Q1 25
-0.48×
Q4 24
3.50×
2.40×
Q3 24
-0.37×
Q2 24
3.86×
0.97×
Q1 24
2.16×
-0.22×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CVI
CVI

Petroleum Segment$1.6B91%
Product UAN$64.0M4%
Product Ammonia$51.0M3%
Renewables Diesel$27.0M1%
Product Urea Products$8.0M0%
Renewable Fuel Credits$7.0M0%

DECK
DECK

UGG Brand Segment$1.3B67%
Hoka Brand Segment$628.9M32%
Other Brands Segment$23.2M1%

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