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

Prologis is the larger business by last-quarter revenue ($2.3B vs $2.0B, roughly 1.1× CVR ENERGY INC). Prologis runs the higher net margin — 62.1% vs -8.1%, a 70.2% gap on every dollar of revenue. On growth, CVR ENERGY INC posted the faster year-over-year revenue change (20.3% vs 2.4%). Over the past eight quarters, Prologis's revenue compounded faster (7.3% 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.

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of 2025, the company operates more than 15,000 land acres and over 6,000 buildings comprising about 1.

CVI vs PLD — Head-to-Head

Bigger by revenue
PLD
PLD
1.1× larger
PLD
$2.3B
$2.0B
CVI
Growing faster (revenue YoY)
CVI
CVI
+17.9% gap
CVI
20.3%
2.4%
PLD
Higher net margin
PLD
PLD
70.2% more per $
PLD
62.1%
-8.1%
CVI
Faster 2-yr revenue CAGR
PLD
PLD
Annualised
PLD
7.3%
0.3%
CVI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CVI
CVI
PLD
PLD
Revenue
$2.0B
$2.3B
Net Profit
$-160.0M
$1.4B
Gross Margin
-5.2%
Operating Margin
72.2%
Net Margin
-8.1%
62.1%
Revenue YoY
20.3%
2.4%
Net Profit YoY
-56.1%
9.5%
EPS (diluted)
$-1.91
$1.50

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
PLD
PLD
Q1 26
$2.0B
Q4 25
$1.8B
$2.3B
Q3 25
$1.9B
$2.2B
Q2 25
$1.8B
$2.2B
Q1 25
$1.6B
$2.1B
Q4 24
$1.9B
$2.2B
Q3 24
$1.8B
$2.0B
Q2 24
$2.0B
$2.0B
Net Profit
CVI
CVI
PLD
PLD
Q1 26
$-160.0M
Q4 25
$-110.0M
$1.4B
Q3 25
$374.0M
$764.3M
Q2 25
$-114.0M
$571.2M
Q1 25
$-123.0M
$593.0M
Q4 24
$28.0M
$1.3B
Q3 24
$-124.0M
$1.0B
Q2 24
$21.0M
$861.3M
Gross Margin
CVI
CVI
PLD
PLD
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
PLD
PLD
Q1 26
Q4 25
-5.3%
72.2%
Q3 25
26.3%
42.5%
Q2 25
-5.8%
41.8%
Q1 25
-8.0%
41.1%
Q4 24
1.1%
64.6%
Q3 24
-6.2%
61.4%
Q2 24
1.4%
51.0%
Net Margin
CVI
CVI
PLD
PLD
Q1 26
-8.1%
Q4 25
-6.1%
62.1%
Q3 25
19.2%
34.5%
Q2 25
-6.5%
26.2%
Q1 25
-7.5%
27.7%
Q4 24
1.4%
58.1%
Q3 24
-6.8%
49.4%
Q2 24
1.1%
42.9%
EPS (diluted)
CVI
CVI
PLD
PLD
Q1 26
$-1.91
Q4 25
$-1.09
$1.50
Q3 25
$3.72
$0.82
Q2 25
$-1.14
$0.61
Q1 25
$-1.22
$0.63
Q4 24
$0.28
$1.38
Q3 24
$-1.24
$1.08
Q2 24
$0.21
$0.92

Balance Sheet & Financial Strength

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

Metric
CVI
CVI
PLD
PLD
Cash + ST InvestmentsLiquidity on hand
$512.0M
$1.1B
Total DebtLower is stronger
$35.0B
Stockholders' EquityBook value
$53.2B
Total Assets
$3.9B
$98.7B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVI
CVI
PLD
PLD
Q1 26
$512.0M
Q4 25
$511.0M
$1.1B
Q3 25
$670.0M
$1.2B
Q2 25
$596.0M
$1.1B
Q1 25
$695.0M
$671.1M
Q4 24
$987.0M
$1.3B
Q3 24
$534.0M
$780.9M
Q2 24
$586.0M
$598.3M
Total Debt
CVI
CVI
PLD
PLD
Q1 26
Q4 25
$1.8B
$35.0B
Q3 25
$1.8B
$35.3B
Q2 25
$1.8B
$34.7B
Q1 25
$1.9B
$32.3B
Q4 24
$1.9B
$30.9B
Q3 24
$1.6B
$32.3B
Q2 24
$1.6B
$29.9B
Stockholders' Equity
CVI
CVI
PLD
PLD
Q1 26
Q4 25
$730.0M
$53.2B
Q3 25
$840.0M
$52.6B
Q2 25
$466.0M
$52.7B
Q1 25
$580.0M
$53.5B
Q4 24
$703.0M
$54.0B
Q3 24
$675.0M
$53.1B
Q2 24
$849.0M
$53.3B
Total Assets
CVI
CVI
PLD
PLD
Q1 26
$3.9B
Q4 25
$3.7B
$98.7B
Q3 25
$4.0B
$98.3B
Q2 25
$4.0B
$97.7B
Q1 25
$4.3B
$96.0B
Q4 24
$4.3B
$95.3B
Q3 24
$3.9B
$95.9B
Q2 24
$4.0B
$93.5B
Debt / Equity
CVI
CVI
PLD
PLD
Q1 26
Q4 25
2.40×
0.66×
Q3 25
2.17×
0.67×
Q2 25
3.97×
0.66×
Q1 25
3.29×
0.60×
Q4 24
2.71×
0.57×
Q3 24
2.33×
0.61×
Q2 24
1.86×
0.56×

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
PLD
PLD
Operating Cash FlowLast quarter
$1.2B
Free Cash FlowOCF − Capex
$21.0M
FCF MarginFCF / Revenue
1.1%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
0.83×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVI
CVI
PLD
PLD
Q1 26
Q4 25
$0
$1.2B
Q3 25
$163.0M
$1.4B
Q2 25
$176.0M
$1.2B
Q1 25
$-195.0M
$1.2B
Q4 24
$98.0M
$1.3B
Q3 24
$48.0M
$1.4B
Q2 24
$81.0M
$1.1B
Free Cash Flow
CVI
CVI
PLD
PLD
Q1 26
$21.0M
Q4 25
Q3 25
$125.0M
Q2 25
$135.0M
Q1 25
$-246.0M
Q4 24
$43.0M
Q3 24
$14.0M
Q2 24
$38.0M
FCF Margin
CVI
CVI
PLD
PLD
Q1 26
1.1%
Q4 25
Q3 25
6.4%
Q2 25
7.7%
Q1 25
-14.9%
Q4 24
2.2%
Q3 24
0.8%
Q2 24
1.9%
Capex Intensity
CVI
CVI
PLD
PLD
Q1 26
1.5%
Q4 25
3.0%
Q3 25
2.0%
Q2 25
2.3%
Q1 25
3.1%
Q4 24
2.8%
Q3 24
1.9%
Q2 24
2.2%
Cash Conversion
CVI
CVI
PLD
PLD
Q1 26
Q4 25
0.83×
Q3 25
0.44×
1.89×
Q2 25
2.17×
Q1 25
1.96×
Q4 24
3.50×
1.04×
Q3 24
1.43×
Q2 24
3.86×
1.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVI
CVI

Segment breakdown not available.

PLD
PLD

Real Estate Operations Segment$2.0B88%
Unconsolidated Co Investment Ventures$131.7M6%
Other$82.6M4%
Strategic Capital Segment$49.9M2%

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