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Side-by-side financial comparison of CVR ENERGY INC (CVI) and Toll Brothers, Inc. (TOL). Click either name above to swap in a different company.

Toll Brothers, Inc. is the larger business by last-quarter revenue ($3.4B vs $2.0B, roughly 1.7× CVR ENERGY INC). Toll Brothers, Inc. runs the higher net margin — 13.0% vs -8.1%, a 21.1% gap on every dollar of revenue. On growth, CVR ENERGY INC posted the faster year-over-year revenue change (20.3% vs 2.7%). Toll Brothers, Inc. produced more free cash flow last quarter ($772.2M vs $21.0M). Over the past eight quarters, Toll Brothers, Inc.'s revenue compounded faster (32.6% 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.

Toll Brothers, Inc. is an American homebuilding company that builds, markets, and finances for residential and commercial properties in the United States. In 2020, the company was the fifth largest home builder in the United States, based on homebuilding revenue. The company is ranked 411th on the Fortune 500.

CVI vs TOL — Head-to-Head

Bigger by revenue
TOL
TOL
1.7× larger
TOL
$3.4B
$2.0B
CVI
Growing faster (revenue YoY)
CVI
CVI
+17.6% gap
CVI
20.3%
2.7%
TOL
Higher net margin
TOL
TOL
21.1% more per $
TOL
13.0%
-8.1%
CVI
More free cash flow
TOL
TOL
$751.2M more FCF
TOL
$772.2M
$21.0M
CVI
Faster 2-yr revenue CAGR
TOL
TOL
Annualised
TOL
32.6%
0.3%
CVI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CVI
CVI
TOL
TOL
Revenue
$2.0B
$3.4B
Net Profit
$-160.0M
$446.7M
Gross Margin
-5.2%
24.8%
Operating Margin
16.5%
Net Margin
-8.1%
13.0%
Revenue YoY
20.3%
2.7%
Net Profit YoY
-56.1%
-6.0%
EPS (diluted)
$-1.91
$4.51

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
TOL
TOL
Q1 26
$2.0B
Q4 25
$1.8B
$3.4B
Q3 25
$1.9B
$2.9B
Q2 25
$1.8B
$2.7B
Q1 25
$1.6B
$1.9B
Q4 24
$1.9B
$3.3B
Q3 24
$1.8B
$2.7B
Q2 24
$2.0B
$2.8B
Net Profit
CVI
CVI
TOL
TOL
Q1 26
$-160.0M
Q4 25
$-110.0M
$446.7M
Q3 25
$374.0M
$369.6M
Q2 25
$-114.0M
$352.4M
Q1 25
$-123.0M
$177.7M
Q4 24
$28.0M
$475.4M
Q3 24
$-124.0M
$374.6M
Q2 24
$21.0M
$481.6M
Gross Margin
CVI
CVI
TOL
TOL
Q1 26
-5.2%
Q4 25
-3.1%
24.8%
Q3 25
28.8%
25.2%
Q2 25
-3.7%
25.8%
Q1 25
-5.5%
24.7%
Q4 24
3.0%
26.4%
Q3 24
-3.9%
27.2%
Q2 24
2.9%
30.4%
Operating Margin
CVI
CVI
TOL
TOL
Q1 26
Q4 25
-5.3%
16.5%
Q3 25
26.3%
16.6%
Q2 25
-5.8%
16.4%
Q1 25
-8.0%
11.8%
Q4 24
1.1%
18.3%
Q3 24
-6.2%
18.2%
Q2 24
1.4%
22.0%
Net Margin
CVI
CVI
TOL
TOL
Q1 26
-8.1%
Q4 25
-6.1%
13.0%
Q3 25
19.2%
12.6%
Q2 25
-6.5%
12.9%
Q1 25
-7.5%
9.6%
Q4 24
1.4%
14.3%
Q3 24
-6.8%
13.7%
Q2 24
1.1%
17.0%
EPS (diluted)
CVI
CVI
TOL
TOL
Q1 26
$-1.91
Q4 25
$-1.09
$4.51
Q3 25
$3.72
$3.73
Q2 25
$-1.14
$3.50
Q1 25
$-1.22
$1.75
Q4 24
$0.28
$4.61
Q3 24
$-1.24
$3.60
Q2 24
$0.21
$4.55

Balance Sheet & Financial Strength

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

Metric
CVI
CVI
TOL
TOL
Cash + ST InvestmentsLiquidity on hand
$512.0M
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$8.3B
Total Assets
$3.9B
$14.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVI
CVI
TOL
TOL
Q1 26
$512.0M
Q4 25
$511.0M
$1.3B
Q3 25
$670.0M
$852.3M
Q2 25
$596.0M
$686.5M
Q1 25
$695.0M
$574.8M
Q4 24
$987.0M
$1.3B
Q3 24
$534.0M
$893.4M
Q2 24
$586.0M
$1.0B
Total Debt
CVI
CVI
TOL
TOL
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
Stockholders' Equity
CVI
CVI
TOL
TOL
Q1 26
Q4 25
$730.0M
$8.3B
Q3 25
$840.0M
$8.1B
Q2 25
$466.0M
$7.9B
Q1 25
$580.0M
$7.8B
Q4 24
$703.0M
$7.7B
Q3 24
$675.0M
$7.4B
Q2 24
$849.0M
$7.3B
Total Assets
CVI
CVI
TOL
TOL
Q1 26
$3.9B
Q4 25
$3.7B
$14.5B
Q3 25
$4.0B
$14.4B
Q2 25
$4.0B
$14.2B
Q1 25
$4.3B
$13.6B
Q4 24
$4.3B
$13.4B
Q3 24
$3.9B
$13.4B
Q2 24
$4.0B
$13.3B
Debt / Equity
CVI
CVI
TOL
TOL
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
CVI
CVI
TOL
TOL
Operating Cash FlowLast quarter
$800.0M
Free Cash FlowOCF − Capex
$21.0M
$772.2M
FCF MarginFCF / Revenue
1.1%
22.6%
Capex IntensityCapex / Revenue
1.5%
0.8%
Cash ConversionOCF / Net Profit
1.79×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVI
CVI
TOL
TOL
Q1 26
Q4 25
$0
$800.0M
Q3 25
$163.0M
$370.3M
Q2 25
$176.0M
$362.8M
Q1 25
$-195.0M
$-420.8M
Q4 24
$98.0M
$682.5M
Q3 24
$48.0M
$175.6M
Q2 24
$81.0M
$459.0M
Free Cash Flow
CVI
CVI
TOL
TOL
Q1 26
$21.0M
Q4 25
$772.2M
Q3 25
$125.0M
$344.9M
Q2 25
$135.0M
$347.3M
Q1 25
$-246.0M
$-438.1M
Q4 24
$43.0M
$664.3M
Q3 24
$14.0M
$149.9M
Q2 24
$38.0M
$442.9M
FCF Margin
CVI
CVI
TOL
TOL
Q1 26
1.1%
Q4 25
22.6%
Q3 25
6.4%
11.7%
Q2 25
7.7%
12.7%
Q1 25
-14.9%
-23.6%
Q4 24
2.2%
19.9%
Q3 24
0.8%
5.5%
Q2 24
1.9%
15.6%
Capex Intensity
CVI
CVI
TOL
TOL
Q1 26
1.5%
Q4 25
3.0%
0.8%
Q3 25
2.0%
0.9%
Q2 25
2.3%
0.6%
Q1 25
3.1%
0.9%
Q4 24
2.8%
0.5%
Q3 24
1.9%
0.9%
Q2 24
2.2%
0.6%
Cash Conversion
CVI
CVI
TOL
TOL
Q1 26
Q4 25
1.79×
Q3 25
0.44×
1.00×
Q2 25
1.03×
Q1 25
-2.37×
Q4 24
3.50×
1.44×
Q3 24
0.47×
Q2 24
3.86×
0.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVI
CVI

Segment breakdown not available.

TOL
TOL

Home Building$3.4B100%
Land$9.4M0%

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