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Side-by-side financial comparison of CVR ENERGY INC (CVI) and IMPERIAL OIL LTD (IMO). Click either name above to swap in a different company.
IMPERIAL OIL LTD is the larger business by last-quarter revenue ($8.2B vs $1.8B, roughly 4.5× CVR ENERGY INC). IMPERIAL OIL LTD runs the higher net margin — 4.4% vs -6.1%, a 10.4% gap on every dollar of revenue. On growth, CVR ENERGY INC posted the faster year-over-year revenue change (-7.0% vs -10.5%). Over the past eight quarters, CVR ENERGY INC's revenue compounded faster (-1.4% CAGR vs -4.2%).
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.
Imperial Oil Limited is a Canadian petroleum company. It is Canada's second-largest integrated oil company that is also occasionally known as Imperial Esso. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. It is a producer of crude oil, diluted bitumen, and natural gas. Imperial Oil is one of Canada's major petroleum refiners and petrochemical producers. It supplies Esso-brand service stations.
CVI vs IMO — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $8.2B |
| Net Profit | $-110.0M | $359.2M |
| Gross Margin | -3.1% | — |
| Operating Margin | -5.3% | 5.6% |
| Net Margin | -6.1% | 4.4% |
| Revenue YoY | -7.0% | -10.5% |
| Net Profit YoY | -492.9% | -59.8% |
| EPS (diluted) | $-1.09 | — |
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.
| Q4 25 | $1.8B | $8.2B | ||
| Q3 25 | $1.9B | $8.8B | ||
| Q2 25 | $1.8B | $8.2B | ||
| Q1 25 | $1.6B | $9.1B | ||
| Q4 24 | $1.9B | $9.2B | ||
| Q3 24 | $1.8B | $9.7B | ||
| Q2 24 | $2.0B | $9.8B | ||
| Q1 24 | $1.9B | $9.0B |
| Q4 25 | $-110.0M | $359.2M | ||
| Q3 25 | $374.0M | $393.5M | ||
| Q2 25 | $-114.0M | $692.8M | ||
| Q1 25 | $-123.0M | $940.2M | ||
| Q4 24 | $28.0M | $894.3M | ||
| Q3 24 | $-124.0M | $903.0M | ||
| Q2 24 | $21.0M | $827.1M | ||
| Q1 24 | $82.0M | $872.4M |
| 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 24 | 8.6% | — |
| Q4 25 | -5.3% | 5.6% | ||
| Q3 25 | 26.3% | 5.8% | ||
| Q2 25 | -5.8% | 11.1% | ||
| Q1 25 | -8.0% | 13.5% | ||
| Q4 24 | 1.1% | 12.5% | ||
| Q3 24 | -6.2% | 12.1% | ||
| Q2 24 | 1.4% | 11.1% | ||
| Q1 24 | 6.6% | 12.8% |
| Q4 25 | -6.1% | 4.4% | ||
| Q3 25 | 19.2% | 4.5% | ||
| Q2 25 | -6.5% | 8.4% | ||
| Q1 25 | -7.5% | 10.3% | ||
| Q4 24 | 1.4% | 9.7% | ||
| Q3 24 | -6.8% | 9.3% | ||
| Q2 24 | 1.1% | 8.5% | ||
| Q1 24 | 4.4% | 9.7% |
| Q4 25 | $-1.09 | — | ||
| Q3 25 | $3.72 | — | ||
| Q2 25 | $-1.14 | — | ||
| Q1 25 | $-1.22 | — | ||
| Q4 24 | $0.28 | — | ||
| Q3 24 | $-1.24 | — | ||
| Q2 24 | $0.21 | — | ||
| Q1 24 | $0.81 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $511.0M | $833.7M |
| Total DebtLower is stronger | $1.8B | $2.9B |
| Stockholders' EquityBook value | $730.0M | $16.2B |
| Total Assets | $3.7B | $30.9B |
| Debt / EquityLower = less leverage | 2.40× | 0.18× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $511.0M | $833.7M | ||
| Q3 25 | $670.0M | $1.4B | ||
| Q2 25 | $596.0M | $1.7B | ||
| Q1 25 | $695.0M | $1.3B | ||
| Q4 24 | $987.0M | $714.7M | ||
| Q3 24 | $534.0M | $1.1B | ||
| Q2 24 | $586.0M | $1.5B | ||
| Q1 24 | $644.0M | $858.5M |
| Q4 25 | $1.8B | $2.9B | ||
| Q3 25 | $1.8B | $2.9B | ||
| Q2 25 | $1.8B | $2.9B | ||
| Q1 25 | $1.9B | $2.9B | ||
| Q4 24 | $1.9B | $2.9B | ||
| Q3 24 | $1.6B | $2.9B | ||
| Q2 24 | $1.6B | $2.9B | ||
| Q1 24 | $1.6B | $2.9B |
| Q4 25 | $730.0M | $16.2B | ||
| Q3 25 | $840.0M | $17.3B | ||
| Q2 25 | $466.0M | $18.2B | ||
| Q1 25 | $580.0M | $17.8B | ||
| Q4 24 | $703.0M | $17.1B | ||
| Q3 24 | $675.0M | $17.3B | ||
| Q2 24 | $849.0M | $17.5B | ||
| Q1 24 | $879.0M | $16.9B |
| Q4 25 | $3.7B | $30.9B | ||
| Q3 25 | $4.0B | $31.4B | ||
| Q2 25 | $4.0B | $32.2B | ||
| Q1 25 | $4.3B | $32.0B | ||
| Q4 24 | $4.3B | $31.3B | ||
| Q3 24 | $3.9B | $31.0B | ||
| Q2 24 | $4.0B | $32.2B | ||
| Q1 24 | $4.1B | $31.0B |
| Q4 25 | 2.40× | 0.18× | ||
| Q3 25 | 2.17× | 0.17× | ||
| Q2 25 | 3.97× | 0.16× | ||
| Q1 25 | 3.29× | 0.16× | ||
| Q4 24 | 2.71× | 0.17× | ||
| Q3 24 | 2.33× | 0.17× | ||
| Q2 24 | 1.86× | 0.17× | ||
| Q1 24 | 1.79× | 0.17× |
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 | $0 | $1.4B |
| Free Cash FlowOCF − Capex | — | $938.8M |
| FCF MarginFCF / Revenue | — | 11.4% |
| Capex IntensityCapex / Revenue | 3.0% | 5.6% |
| Cash ConversionOCF / Net Profit | — | 3.90× |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $0 | $1.4B | ||
| Q3 25 | $163.0M | $1.3B | ||
| Q2 25 | $176.0M | $1.1B | ||
| Q1 25 | $-195.0M | $1.1B | ||
| Q4 24 | $98.0M | $1.3B | ||
| Q3 24 | $48.0M | $1.1B | ||
| Q2 24 | $81.0M | $1.2B | ||
| Q1 24 | $177.0M | $785.5M |
| Q4 25 | — | $938.8M | ||
| Q3 25 | $125.0M | $944.6M | ||
| Q2 25 | $135.0M | $725.6M | ||
| Q1 25 | $-246.0M | $824.2M | ||
| Q4 24 | $43.0M | $997.2M | ||
| Q3 24 | $14.0M | $730.7M | ||
| Q2 24 | $38.0M | $852.6M | ||
| Q1 24 | $130.0M | $422.7M |
| Q4 25 | — | 11.4% | ||
| Q3 25 | 6.4% | 10.7% | ||
| Q2 25 | 7.7% | 8.8% | ||
| Q1 25 | -14.9% | 9.0% | ||
| Q4 24 | 2.2% | 10.8% | ||
| Q3 24 | 0.8% | 7.5% | ||
| Q2 24 | 1.9% | 8.7% | ||
| Q1 24 | 7.0% | 4.7% |
| Q4 25 | 3.0% | 5.6% | ||
| Q3 25 | 2.0% | 4.2% | ||
| Q2 25 | 2.3% | 4.2% | ||
| Q1 25 | 3.1% | 3.2% | ||
| Q4 24 | 2.8% | 3.4% | ||
| Q3 24 | 1.9% | 3.7% | ||
| Q2 24 | 2.2% | 3.4% | ||
| Q1 24 | 2.5% | 4.0% |
| Q4 25 | — | 3.90× | ||
| Q3 25 | 0.44× | 3.34× | ||
| Q2 25 | — | 1.54× | ||
| Q1 25 | — | 1.19× | ||
| Q4 24 | 3.50× | 1.46× | ||
| Q3 24 | — | 1.20× | ||
| Q2 24 | 3.86× | 1.44× | ||
| Q1 24 | 2.16× | 0.90× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CVI
| Petroleum Segment | $1.6B | 91% |
| Product UAN | $64.0M | 4% |
| Product Ammonia | $51.0M | 3% |
| Renewables Diesel | $27.0M | 1% |
| Product Urea Products | $8.0M | 0% |
| Renewable Fuel Credits | $7.0M | 0% |
IMO
Segment breakdown not available.
