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Side-by-side financial comparison of CVR ENERGY INC (CVI) and Evergy (EVRG). Click either name above to swap in a different company.
CVR ENERGY INC is the larger business by last-quarter revenue ($2.0B vs $1.3B, roughly 1.5× Evergy). Evergy runs the higher net margin — 6.5% vs -8.1%, a 14.6% gap on every dollar of revenue. On growth, CVR ENERGY INC posted the faster year-over-year revenue change (20.3% vs 5.3%). CVR ENERGY INC produced more free cash flow last quarter ($21.0M vs $-530.5M). Over the past eight quarters, Evergy's revenue compounded faster (0.4% CAGR vs 0.3%).
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.
Evergy, Inc. is an American investor-owned utility (IOU) with publicly traded stock with headquarters in Topeka, Kansas, and in Kansas City, Missouri. The company was formed from a merger of Westar Energy of Topeka and Great Plains Energy of Kansas City, parent company of Kansas City Power & Light. Evergy is the largest electric company in Kansas, serving more than 1.7 million residential, commercial and industrial customers in Kansas and Missouri.
CVI vs EVRG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.3B |
| Net Profit | $-160.0M | $84.3M |
| Gross Margin | -5.2% | — |
| Operating Margin | — | 18.5% |
| Net Margin | -8.1% | 6.5% |
| Revenue YoY | 20.3% | 5.3% |
| Net Profit YoY | -56.1% | 7.8% |
| EPS (diluted) | $-1.91 | $0.35 |
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.
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.8B | $1.3B | ||
| Q3 25 | $1.9B | $1.8B | ||
| Q2 25 | $1.8B | $1.4B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | $1.9B | $1.2B | ||
| Q3 24 | $1.8B | $1.8B | ||
| Q2 24 | $2.0B | $1.4B |
| Q1 26 | $-160.0M | — | ||
| Q4 25 | $-110.0M | $84.3M | ||
| Q3 25 | $374.0M | $475.0M | ||
| Q2 25 | $-114.0M | $171.3M | ||
| Q1 25 | $-123.0M | $125.0M | ||
| Q4 24 | $28.0M | $78.2M | ||
| Q3 24 | $-124.0M | $465.6M | ||
| Q2 24 | $21.0M | $207.0M |
| Q1 26 | -5.2% | — | ||
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | -5.3% | 18.5% | ||
| Q3 25 | 26.3% | 37.3% | ||
| Q2 25 | -5.8% | 25.4% | ||
| Q1 25 | -8.0% | 22.5% | ||
| Q4 24 | 1.1% | 18.1% | ||
| Q3 24 | -6.2% | 35.1% | ||
| Q2 24 | 1.4% | 25.4% |
| Q1 26 | -8.1% | — | ||
| Q4 25 | -6.1% | 6.5% | ||
| Q3 25 | 19.2% | 26.9% | ||
| Q2 25 | -6.5% | 12.6% | ||
| Q1 25 | -7.5% | 9.7% | ||
| Q4 24 | 1.4% | 6.4% | ||
| Q3 24 | -6.8% | 26.0% | ||
| Q2 24 | 1.1% | 14.7% |
| Q1 26 | $-1.91 | — | ||
| Q4 25 | $-1.09 | $0.35 | ||
| Q3 25 | $3.72 | $2.03 | ||
| Q2 25 | $-1.14 | $0.74 | ||
| Q1 25 | $-1.22 | $0.54 | ||
| Q4 24 | $0.28 | $0.34 | ||
| Q3 24 | $-1.24 | $2.02 | ||
| Q2 24 | $0.21 | $0.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $512.0M | $19.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $10.2B |
| Total Assets | $3.9B | $33.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.0M | — | ||
| Q4 25 | $511.0M | $19.8M | ||
| Q3 25 | $670.0M | $27.5M | ||
| Q2 25 | $596.0M | $27.8M | ||
| Q1 25 | $695.0M | $35.3M | ||
| Q4 24 | $987.0M | $22.0M | ||
| Q3 24 | $534.0M | $34.6M | ||
| Q2 24 | $586.0M | $26.1M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | $730.0M | $10.2B | ||
| Q3 25 | $840.0M | $10.3B | ||
| Q2 25 | $466.0M | $10.0B | ||
| Q1 25 | $580.0M | $9.9B | ||
| Q4 24 | $703.0M | $10.0B | ||
| Q3 24 | $675.0M | $10.0B | ||
| Q2 24 | $849.0M | $9.7B |
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.7B | $33.9B | ||
| Q3 25 | $4.0B | $33.4B | ||
| Q2 25 | $4.0B | $32.9B | ||
| Q1 25 | $4.3B | $32.5B | ||
| Q4 24 | $4.3B | $32.3B | ||
| Q3 24 | $3.9B | $32.1B | ||
| Q2 24 | $4.0B | $31.8B |
| Q1 26 | — | — | ||
| 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× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $334.0M |
| Free Cash FlowOCF − Capex | $21.0M | $-530.5M |
| FCF MarginFCF / Revenue | 1.1% | -41.1% |
| Capex IntensityCapex / Revenue | 1.5% | 66.9% |
| Cash ConversionOCF / Net Profit | — | 3.96× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-751.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $0 | $334.0M | ||
| Q3 25 | $163.0M | $937.7M | ||
| Q2 25 | $176.0M | $323.9M | ||
| Q1 25 | $-195.0M | $449.6M | ||
| Q4 24 | $98.0M | $395.6M | ||
| Q3 24 | $48.0M | $953.3M | ||
| Q2 24 | $81.0M | $317.5M |
| Q1 26 | $21.0M | — | ||
| Q4 25 | — | $-530.5M | ||
| Q3 25 | $125.0M | $225.4M | ||
| Q2 25 | $135.0M | $-303.4M | ||
| Q1 25 | $-246.0M | $-143.2M | ||
| Q4 24 | $43.0M | $-118.6M | ||
| Q3 24 | $14.0M | $427.0M | ||
| Q2 24 | $38.0M | $-360.0M |
| Q1 26 | 1.1% | — | ||
| Q4 25 | — | -41.1% | ||
| Q3 25 | 6.4% | 12.8% | ||
| Q2 25 | 7.7% | -22.4% | ||
| Q1 25 | -14.9% | -11.1% | ||
| Q4 24 | 2.2% | -9.7% | ||
| Q3 24 | 0.8% | 23.9% | ||
| Q2 24 | 1.9% | -25.6% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 3.0% | 66.9% | ||
| Q3 25 | 2.0% | 40.4% | ||
| Q2 25 | 2.3% | 46.3% | ||
| Q1 25 | 3.1% | 45.8% | ||
| Q4 24 | 2.8% | 41.9% | ||
| Q3 24 | 1.9% | 29.4% | ||
| Q2 24 | 2.2% | 48.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.96× | ||
| Q3 25 | 0.44× | 1.97× | ||
| Q2 25 | — | 1.89× | ||
| Q1 25 | — | 3.60× | ||
| Q4 24 | 3.50× | 5.06× | ||
| Q3 24 | — | 2.05× | ||
| Q2 24 | 3.86× | 1.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CVI
Segment breakdown not available.
EVRG
| Electric Utility Customer Class Residential | $462.9M | 36% |
| Electric Utility Customer Class Commercial | $447.6M | 35% |
| Electric Utility Customer Class Industrial | $164.1M | 13% |
| Electric Utility Customer Class Transmission | $129.4M | 10% |
| Electric Utility Customer Class Wholesale | $69.7M | 5% |
| Electric Utility Customer Class Other Retail | $12.2M | 1% |
| Electric Utility Customer Class Industrial Steam | $5.7M | 0% |
