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

PulteGroup is the larger business by last-quarter revenue ($3.4B vs $2.0B, roughly 1.7× CVR ENERGY INC). PulteGroup runs the higher net margin — 10.2% vs -8.1%, a 18.3% gap on every dollar of revenue. On growth, CVR ENERGY INC posted the faster year-over-year revenue change (20.3% vs -12.4%). Over the past eight quarters, CVR ENERGY INC's revenue compounded faster (0.3% CAGR vs -13.9%).

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.

PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes.

CVI vs PHM — Head-to-Head

Bigger by revenue
PHM
PHM
1.7× larger
PHM
$3.4B
$2.0B
CVI
Growing faster (revenue YoY)
CVI
CVI
+32.7% gap
CVI
20.3%
-12.4%
PHM
Higher net margin
PHM
PHM
18.3% more per $
PHM
10.2%
-8.1%
CVI
Faster 2-yr revenue CAGR
CVI
CVI
Annualised
CVI
0.3%
-13.9%
PHM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CVI
CVI
PHM
PHM
Revenue
$2.0B
$3.4B
Net Profit
$-160.0M
$347.0M
Gross Margin
-5.2%
Operating Margin
Net Margin
-8.1%
10.2%
Revenue YoY
20.3%
-12.4%
Net Profit YoY
-56.1%
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
PHM
PHM
Q1 26
$2.0B
$3.4B
Q4 25
$1.8B
$4.6B
Q3 25
$1.9B
$4.4B
Q2 25
$1.8B
$4.4B
Q1 25
$1.6B
$3.9B
Q4 24
$1.9B
$4.9B
Q3 24
$1.8B
$4.5B
Q2 24
$2.0B
$4.6B
Net Profit
CVI
CVI
PHM
PHM
Q1 26
$-160.0M
$347.0M
Q4 25
$-110.0M
$501.6M
Q3 25
$374.0M
$585.8M
Q2 25
$-114.0M
$608.5M
Q1 25
$-123.0M
$522.8M
Q4 24
$28.0M
$913.2M
Q3 24
$-124.0M
$697.9M
Q2 24
$21.0M
$809.1M
Gross Margin
CVI
CVI
PHM
PHM
Q1 26
-5.2%
Q4 25
-3.1%
Q3 25
28.8%
27.8%
Q2 25
-3.7%
28.6%
Q1 25
-5.5%
28.8%
Q4 24
3.0%
Q3 24
-3.9%
30.4%
Q2 24
2.9%
31.4%
Operating Margin
CVI
CVI
PHM
PHM
Q1 26
Q4 25
-5.3%
Q3 25
26.3%
Q2 25
-5.8%
Q1 25
-8.0%
Q4 24
1.1%
Q3 24
-6.2%
Q2 24
1.4%
Net Margin
CVI
CVI
PHM
PHM
Q1 26
-8.1%
10.2%
Q4 25
-6.1%
10.9%
Q3 25
19.2%
13.3%
Q2 25
-6.5%
13.8%
Q1 25
-7.5%
13.4%
Q4 24
1.4%
18.6%
Q3 24
-6.8%
15.6%
Q2 24
1.1%
17.6%
EPS (diluted)
CVI
CVI
PHM
PHM
Q1 26
$-1.91
Q4 25
$-1.09
$2.56
Q3 25
$3.72
$2.96
Q2 25
$-1.14
$3.03
Q1 25
$-1.22
$2.57
Q4 24
$0.28
$4.41
Q3 24
$-1.24
$3.35
Q2 24
$0.21
$3.83

Balance Sheet & Financial Strength

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

Metric
CVI
CVI
PHM
PHM
Cash + ST InvestmentsLiquidity on hand
$512.0M
$1.8B
Total DebtLower is stronger
Stockholders' EquityBook value
$13.0B
Total Assets
$3.9B
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVI
CVI
PHM
PHM
Q1 26
$512.0M
$1.8B
Q4 25
$511.0M
$2.0B
Q3 25
$670.0M
$1.5B
Q2 25
$596.0M
$1.2B
Q1 25
$695.0M
$1.2B
Q4 24
$987.0M
$1.6B
Q3 24
$534.0M
$1.4B
Q2 24
$586.0M
$1.4B
Total Debt
CVI
CVI
PHM
PHM
Q1 26
Q4 25
$1.8B
$43.9M
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.9B
Q4 24
$1.9B
$31.1M
Q3 24
$1.6B
Q2 24
$1.6B
Stockholders' Equity
CVI
CVI
PHM
PHM
Q1 26
$13.0B
Q4 25
$730.0M
$13.0B
Q3 25
$840.0M
$12.8B
Q2 25
$466.0M
$12.6B
Q1 25
$580.0M
$12.3B
Q4 24
$703.0M
$12.1B
Q3 24
$675.0M
$11.6B
Q2 24
$849.0M
$11.2B
Total Assets
CVI
CVI
PHM
PHM
Q1 26
$3.9B
$5.2B
Q4 25
$3.7B
$18.0B
Q3 25
$4.0B
$17.9B
Q2 25
$4.0B
$17.6B
Q1 25
$4.3B
$17.3B
Q4 24
$4.3B
$17.4B
Q3 24
$3.9B
$17.0B
Q2 24
$4.0B
$16.5B
Debt / Equity
CVI
CVI
PHM
PHM
Q1 26
Q4 25
2.40×
0.00×
Q3 25
2.17×
Q2 25
3.97×
Q1 25
3.29×
Q4 24
2.71×
0.00×
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
CVI
CVI
PHM
PHM
Operating Cash FlowLast quarter
$159.8M
Free Cash FlowOCF − Capex
$21.0M
FCF MarginFCF / Revenue
1.1%
Capex IntensityCapex / Revenue
1.5%
0.7%
Cash ConversionOCF / Net Profit
0.46×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVI
CVI
PHM
PHM
Q1 26
$159.8M
Q4 25
$0
$771.1M
Q3 25
$163.0M
$678.4M
Q2 25
$176.0M
$287.5M
Q1 25
$-195.0M
$134.2M
Q4 24
$98.0M
$567.6M
Q3 24
$48.0M
$455.9M
Q2 24
$81.0M
$417.5M
Free Cash Flow
CVI
CVI
PHM
PHM
Q1 26
$21.0M
Q4 25
$739.8M
Q3 25
$125.0M
$651.1M
Q2 25
$135.0M
$253.0M
Q1 25
$-246.0M
$104.6M
Q4 24
$43.0M
$543.1M
Q3 24
$14.0M
$417.2M
Q2 24
$38.0M
$386.2M
FCF Margin
CVI
CVI
PHM
PHM
Q1 26
1.1%
Q4 25
16.0%
Q3 25
6.4%
14.8%
Q2 25
7.7%
5.7%
Q1 25
-14.9%
2.7%
Q4 24
2.2%
11.0%
Q3 24
0.8%
9.3%
Q2 24
1.9%
8.4%
Capex Intensity
CVI
CVI
PHM
PHM
Q1 26
1.5%
0.7%
Q4 25
3.0%
0.7%
Q3 25
2.0%
0.6%
Q2 25
2.3%
0.8%
Q1 25
3.1%
0.8%
Q4 24
2.8%
0.5%
Q3 24
1.9%
0.9%
Q2 24
2.2%
0.7%
Cash Conversion
CVI
CVI
PHM
PHM
Q1 26
0.46×
Q4 25
1.54×
Q3 25
0.44×
1.16×
Q2 25
0.47×
Q1 25
0.26×
Q4 24
3.50×
0.62×
Q3 24
0.65×
Q2 24
3.86×
0.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVI
CVI

Segment breakdown not available.

PHM
PHM

Home sale revenues$3.3B97%
Financial Services$71.7M2%
Land sale and other revenues$29.3M1%

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