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Side-by-side financial comparison of CVR ENERGY INC (CVI) and Dream Finders Homes, Inc. (DFH). Click either name above to swap in a different company.

CVR ENERGY INC is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.5× Dream Finders Homes, Inc.). Dream Finders Homes, Inc. runs the higher net margin — 4.8% vs -6.1%, a 10.9% gap on every dollar of revenue. On growth, CVR ENERGY INC posted the faster year-over-year revenue change (-7.0% vs -22.3%). Over the past eight quarters, Dream Finders Homes, Inc.'s revenue compounded faster (21.0% 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.

Dream Finders Homes, Inc. is a U.S. homebuilding firm that constructs and sells entry-level to luxury residential properties, including single-family homes and townhomes, across high-growth domestic markets. It also provides mortgage, title insurance and home warranty services for homebuyers.

CVI vs DFH — Head-to-Head

Bigger by revenue
CVI
CVI
1.5× larger
CVI
$1.8B
$1.2B
DFH
Growing faster (revenue YoY)
CVI
CVI
+15.3% gap
CVI
-7.0%
-22.3%
DFH
Higher net margin
DFH
DFH
10.9% more per $
DFH
4.8%
-6.1%
CVI
Faster 2-yr revenue CAGR
DFH
DFH
Annualised
DFH
21.0%
-1.4%
CVI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CVI
CVI
DFH
DFH
Revenue
$1.8B
$1.2B
Net Profit
$-110.0M
$58.8M
Gross Margin
-3.1%
Operating Margin
-5.3%
6.4%
Net Margin
-6.1%
4.8%
Revenue YoY
-7.0%
-22.3%
Net Profit YoY
-492.9%
-54.9%
EPS (diluted)
$-1.09
$0.57

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
DFH
DFH
Q4 25
$1.8B
$1.2B
Q3 25
$1.9B
$969.8M
Q2 25
$1.8B
$1.2B
Q1 25
$1.6B
$989.9M
Q4 24
$1.9B
$1.6B
Q3 24
$1.8B
$1.0B
Q2 24
$2.0B
$1.1B
Q1 24
$1.9B
$827.8M
Net Profit
CVI
CVI
DFH
DFH
Q4 25
$-110.0M
$58.8M
Q3 25
$374.0M
$47.0M
Q2 25
$-114.0M
$56.6M
Q1 25
$-123.0M
$54.9M
Q4 24
$28.0M
$130.5M
Q3 24
$-124.0M
$70.7M
Q2 24
$21.0M
$80.9M
Q1 24
$82.0M
$54.5M
Gross Margin
CVI
CVI
DFH
DFH
Q4 25
-3.1%
Q3 25
28.8%
Q2 25
-3.7%
Q1 25
-5.5%
Q4 24
3.0%
Q3 24
-3.9%
Q2 24
2.9%
19.2%
Q1 24
8.6%
18.0%
Operating Margin
CVI
CVI
DFH
DFH
Q4 25
-5.3%
6.4%
Q3 25
26.3%
6.3%
Q2 25
-5.8%
6.4%
Q1 25
-8.0%
7.2%
Q4 24
1.1%
10.8%
Q3 24
-6.2%
9.2%
Q2 24
1.4%
10.0%
Q1 24
6.6%
8.6%
Net Margin
CVI
CVI
DFH
DFH
Q4 25
-6.1%
4.8%
Q3 25
19.2%
4.8%
Q2 25
-6.5%
4.9%
Q1 25
-7.5%
5.5%
Q4 24
1.4%
8.4%
Q3 24
-6.8%
7.0%
Q2 24
1.1%
7.7%
Q1 24
4.4%
6.6%
EPS (diluted)
CVI
CVI
DFH
DFH
Q4 25
$-1.09
$0.57
Q3 25
$3.72
$0.47
Q2 25
$-1.14
$0.56
Q1 25
$-1.22
$0.54
Q4 24
$0.28
$1.28
Q3 24
$-1.24
$0.70
Q2 24
$0.21
$0.81
Q1 24
$0.81
$0.55

Balance Sheet & Financial Strength

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

Metric
CVI
CVI
DFH
DFH
Cash + ST InvestmentsLiquidity on hand
$511.0M
$234.8M
Total DebtLower is stronger
$1.8B
$1.6B
Stockholders' EquityBook value
$730.0M
$1.4B
Total Assets
$3.7B
$3.7B
Debt / EquityLower = less leverage
2.40×
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVI
CVI
DFH
DFH
Q4 25
$511.0M
$234.8M
Q3 25
$670.0M
$251.0M
Q2 25
$596.0M
$210.3M
Q1 25
$695.0M
$297.5M
Q4 24
$987.0M
$274.4M
Q3 24
$534.0M
$204.9M
Q2 24
$586.0M
$274.8M
Q1 24
$644.0M
$239.4M
Total Debt
CVI
CVI
DFH
DFH
Q4 25
$1.8B
$1.6B
Q3 25
$1.8B
$1.8B
Q2 25
$1.8B
Q1 25
$1.9B
Q4 24
$1.9B
$1.3B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.6B
Stockholders' Equity
CVI
CVI
DFH
DFH
Q4 25
$730.0M
$1.4B
Q3 25
$840.0M
$1.4B
Q2 25
$466.0M
$1.3B
Q1 25
$580.0M
$1.3B
Q4 24
$703.0M
$1.2B
Q3 24
$675.0M
$1.1B
Q2 24
$849.0M
$1.0B
Q1 24
$879.0M
$968.7M
Total Assets
CVI
CVI
DFH
DFH
Q4 25
$3.7B
$3.7B
Q3 25
$4.0B
$3.8B
Q2 25
$4.0B
$3.7B
Q1 25
$4.3B
$3.5B
Q4 24
$4.3B
$3.3B
Q3 24
$3.9B
$3.3B
Q2 24
$4.0B
$3.0B
Q1 24
$4.1B
$2.7B
Debt / Equity
CVI
CVI
DFH
DFH
Q4 25
2.40×
1.13×
Q3 25
2.17×
1.29×
Q2 25
3.97×
Q1 25
3.29×
Q4 24
2.71×
1.03×
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
DFH
DFH
Operating Cash FlowLast quarter
$0
$143.6M
Free Cash FlowOCF − Capex
$136.0M
FCF MarginFCF / Revenue
11.2%
Capex IntensityCapex / Revenue
3.0%
0.6%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$-126.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVI
CVI
DFH
DFH
Q4 25
$0
$143.6M
Q3 25
$163.0M
$-131.0M
Q2 25
$176.0M
$-68.5M
Q1 25
$-195.0M
$-44.7M
Q4 24
$98.0M
$306.5M
Q3 24
$48.0M
$-205.0M
Q2 24
$81.0M
$-110.6M
Q1 24
$177.0M
$-247.5M
Free Cash Flow
CVI
CVI
DFH
DFH
Q4 25
$136.0M
Q3 25
$125.0M
$-135.7M
Q2 25
$135.0M
$-78.8M
Q1 25
$-246.0M
$-47.9M
Q4 24
$43.0M
$302.6M
Q3 24
$14.0M
$-222.5M
Q2 24
$38.0M
$-112.4M
Q1 24
$130.0M
$-249.6M
FCF Margin
CVI
CVI
DFH
DFH
Q4 25
11.2%
Q3 25
6.4%
-14.0%
Q2 25
7.7%
-6.8%
Q1 25
-14.9%
-4.8%
Q4 24
2.2%
19.4%
Q3 24
0.8%
-22.1%
Q2 24
1.9%
-10.6%
Q1 24
7.0%
-30.2%
Capex Intensity
CVI
CVI
DFH
DFH
Q4 25
3.0%
0.6%
Q3 25
2.0%
0.5%
Q2 25
2.3%
0.9%
Q1 25
3.1%
0.3%
Q4 24
2.8%
0.3%
Q3 24
1.9%
1.7%
Q2 24
2.2%
0.2%
Q1 24
2.5%
0.3%
Cash Conversion
CVI
CVI
DFH
DFH
Q4 25
2.44×
Q3 25
0.44×
-2.79×
Q2 25
-1.21×
Q1 25
-0.81×
Q4 24
3.50×
2.35×
Q3 24
-2.90×
Q2 24
3.86×
-1.37×
Q1 24
2.16×
-4.54×

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%

DFH
DFH

Midwest Segment$454.2M37%
Southeast Segment$397.5M33%
Mid Atlantic Segment$307.3M25%
Financial Services Segment$53.7M4%

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