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Side-by-side financial comparison of CVR ENERGY INC (CVI) and News Corp (Class A) (NWSA). Click either name above to swap in a different company.

News Corp (Class A) is the larger business by last-quarter revenue ($2.2B vs $2.0B, roughly 1.1× CVR ENERGY INC). News Corp (Class A) runs the higher net margin — 5.5% vs -8.1%, a 13.6% gap on every dollar of revenue. On growth, CVR ENERGY INC posted the faster year-over-year revenue change (20.3% vs 8.8%). News Corp (Class A) produced more free cash flow last quarter ($535.0M vs $21.0M). Over the past eight quarters, CVR ENERGY INC's revenue compounded faster (0.3% CAGR vs -7.9%).

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.

News is information about current events. This may be provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, or through the testimony of observers and witnesses to events. News is sometimes called "hard news" to differentiate it from soft media.

CVI vs NWSA — Head-to-Head

Bigger by revenue
NWSA
NWSA
1.1× larger
NWSA
$2.2B
$2.0B
CVI
Growing faster (revenue YoY)
CVI
CVI
+11.5% gap
CVI
20.3%
8.8%
NWSA
Higher net margin
NWSA
NWSA
13.6% more per $
NWSA
5.5%
-8.1%
CVI
More free cash flow
NWSA
NWSA
$514.0M more FCF
NWSA
$535.0M
$21.0M
CVI
Faster 2-yr revenue CAGR
CVI
CVI
Annualised
CVI
0.3%
-7.9%
NWSA

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
CVI
CVI
NWSA
NWSA
Revenue
$2.0B
$2.2B
Net Profit
$-160.0M
$121.0M
Gross Margin
-5.2%
Operating Margin
Net Margin
-8.1%
5.5%
Revenue YoY
20.3%
8.8%
Net Profit YoY
-56.1%
-13.6%
EPS (diluted)
$-1.91

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
NWSA
NWSA
Q1 26
$2.0B
$2.2B
Q4 25
$1.8B
$2.4B
Q3 25
$1.9B
$2.1B
Q2 25
$1.8B
$1.6B
Q1 25
$1.6B
$2.0B
Q4 24
$1.9B
$2.2B
Q3 24
$1.8B
$2.6B
Q2 24
$2.0B
$2.6B
Net Profit
CVI
CVI
NWSA
NWSA
Q1 26
$-160.0M
$121.0M
Q4 25
$-110.0M
$193.0M
Q3 25
$374.0M
$112.0M
Q2 25
$-114.0M
$743.0M
Q1 25
$-123.0M
$103.0M
Q4 24
$28.0M
$215.0M
Q3 24
$-124.0M
$119.0M
Q2 24
$21.0M
$50.0M
Gross Margin
CVI
CVI
NWSA
NWSA
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%
Operating Margin
CVI
CVI
NWSA
NWSA
Q1 26
Q4 25
-5.3%
Q3 25
26.3%
Q2 25
-5.8%
8.5%
Q1 25
-8.0%
7.5%
Q4 24
1.1%
19.2%
Q3 24
-6.2%
7.9%
Q2 24
1.4%
4.3%
Net Margin
CVI
CVI
NWSA
NWSA
Q1 26
-8.1%
5.5%
Q4 25
-6.1%
8.2%
Q3 25
19.2%
5.2%
Q2 25
-6.5%
45.6%
Q1 25
-7.5%
5.1%
Q4 24
1.4%
9.6%
Q3 24
-6.8%
4.6%
Q2 24
1.1%
1.9%
EPS (diluted)
CVI
CVI
NWSA
NWSA
Q1 26
$-1.91
Q4 25
$-1.09
$0.34
Q3 25
$3.72
$0.20
Q2 25
$-1.14
$1.30
Q1 25
$-1.22
$0.18
Q4 24
$0.28
$0.38
Q3 24
$-1.24
$0.21
Q2 24
$0.21
$0.09

Balance Sheet & Financial Strength

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

Metric
CVI
CVI
NWSA
NWSA
Cash + ST InvestmentsLiquidity on hand
$512.0M
$2.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$9.3B
Total Assets
$3.9B
$15.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVI
CVI
NWSA
NWSA
Q1 26
$512.0M
$2.2B
Q4 25
$511.0M
$2.1B
Q3 25
$670.0M
$2.2B
Q2 25
$596.0M
$2.4B
Q1 25
$695.0M
$2.1B
Q4 24
$987.0M
$1.8B
Q3 24
$534.0M
$1.8B
Q2 24
$586.0M
$2.0B
Total Debt
CVI
CVI
NWSA
NWSA
Q1 26
Q4 25
$1.8B
$2.0B
Q3 25
$1.8B
$2.0B
Q2 25
$1.8B
$2.0B
Q1 25
$1.9B
$2.0B
Q4 24
$1.9B
$2.0B
Q3 24
$1.6B
$2.9B
Q2 24
$1.6B
$2.9B
Stockholders' Equity
CVI
CVI
NWSA
NWSA
Q1 26
$9.3B
Q4 25
$730.0M
$8.8B
Q3 25
$840.0M
$8.7B
Q2 25
$466.0M
$8.8B
Q1 25
$580.0M
$8.2B
Q4 24
$703.0M
$8.1B
Q3 24
$675.0M
$8.3B
Q2 24
$849.0M
$8.1B
Total Assets
CVI
CVI
NWSA
NWSA
Q1 26
$3.9B
$15.5B
Q4 25
$3.7B
$15.5B
Q3 25
$4.0B
$15.3B
Q2 25
$4.0B
$15.5B
Q1 25
$4.3B
$16.6B
Q4 24
$4.3B
$16.2B
Q3 24
$3.9B
$16.9B
Q2 24
$4.0B
$16.7B
Debt / Equity
CVI
CVI
NWSA
NWSA
Q1 26
Q4 25
2.40×
0.22×
Q3 25
2.17×
0.22×
Q2 25
3.97×
0.22×
Q1 25
3.29×
0.24×
Q4 24
2.71×
0.24×
Q3 24
2.33×
0.35×
Q2 24
1.86×
0.36×

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
NWSA
NWSA
Operating Cash FlowLast quarter
$815.0M
Free Cash FlowOCF − Capex
$21.0M
$535.0M
FCF MarginFCF / Revenue
1.1%
24.5%
Capex IntensityCapex / Revenue
1.5%
12.8%
Cash ConversionOCF / Net Profit
6.74×
TTM Free Cash FlowTrailing 4 quarters
$703.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVI
CVI
NWSA
NWSA
Q1 26
$815.0M
Q4 25
$0
$231.0M
Q3 25
$163.0M
$85.0M
Q2 25
$176.0M
$189.0M
Q1 25
$-195.0M
$511.0M
Q4 24
$98.0M
$252.0M
Q3 24
$48.0M
$64.0M
Q2 24
$81.0M
$254.0M
Free Cash Flow
CVI
CVI
NWSA
NWSA
Q1 26
$21.0M
$535.0M
Q4 25
$132.0M
Q3 25
$125.0M
$4.0M
Q2 25
$135.0M
$32.0M
Q1 25
$-246.0M
$418.0M
Q4 24
$43.0M
$190.0M
Q3 24
$14.0M
$-31.0M
Q2 24
$38.0M
$111.0M
FCF Margin
CVI
CVI
NWSA
NWSA
Q1 26
1.1%
24.5%
Q4 25
5.6%
Q3 25
6.4%
0.2%
Q2 25
7.7%
2.0%
Q1 25
-14.9%
20.8%
Q4 24
2.2%
8.5%
Q3 24
0.8%
-1.2%
Q2 24
1.9%
4.3%
Capex Intensity
CVI
CVI
NWSA
NWSA
Q1 26
1.5%
12.8%
Q4 25
3.0%
4.2%
Q3 25
2.0%
3.8%
Q2 25
2.3%
9.6%
Q1 25
3.1%
4.6%
Q4 24
2.8%
2.8%
Q3 24
1.9%
3.7%
Q2 24
2.2%
5.5%
Cash Conversion
CVI
CVI
NWSA
NWSA
Q1 26
6.74×
Q4 25
1.20×
Q3 25
0.44×
0.76×
Q2 25
0.25×
Q1 25
4.96×
Q4 24
3.50×
1.17×
Q3 24
0.54×
Q2 24
3.86×
5.08×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVI
CVI

Segment breakdown not available.

NWSA
NWSA

Dow Jones$619.0M28%
Book Publishing$555.0M25%
News Media$538.0M25%
Digital Real Estate Services$473.0M22%

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