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

Western Digital is the larger business by last-quarter revenue ($3.3B vs $2.0B, roughly 1.7× CVR ENERGY INC). Western Digital runs the higher net margin — 96.0% vs -8.1%, a 104.1% gap on every dollar of revenue. On growth, Western Digital posted the faster year-over-year revenue change (45.5% vs 20.3%). Western Digital produced more free cash flow last quarter ($978.0M vs $21.0M). Over the past eight quarters, CVR ENERGY INC's revenue compounded faster (0.3% CAGR vs -9.7%).

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.

Western Digital Corporation, doing business as WD, is an American data storage company headquartered in San Jose, California. Established in 1970, the company is one of the world's largest manufacturers of hard disk drives (HDDs).

CVI vs WDC — Head-to-Head

Bigger by revenue
WDC
WDC
1.7× larger
WDC
$3.3B
$2.0B
CVI
Growing faster (revenue YoY)
WDC
WDC
+25.2% gap
WDC
45.5%
20.3%
CVI
Higher net margin
WDC
WDC
104.1% more per $
WDC
96.0%
-8.1%
CVI
More free cash flow
WDC
WDC
$957.0M more FCF
WDC
$978.0M
$21.0M
CVI
Faster 2-yr revenue CAGR
CVI
CVI
Annualised
CVI
0.3%
-9.7%
WDC

Income Statement — Q1 FY2026 vs Q1 FY2027

Metric
CVI
CVI
WDC
WDC
Revenue
$2.0B
$3.3B
Net Profit
$-160.0M
$3.2B
Gross Margin
-5.2%
50.2%
Operating Margin
35.7%
Net Margin
-8.1%
96.0%
Revenue YoY
20.3%
45.5%
Net Profit YoY
-56.1%
516.3%
EPS (diluted)
$-1.91
$8.20

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
WDC
WDC
Q3 26
$3.3B
Q2 26
$3.0B
Q1 26
$2.0B
$3.0B
Q4 25
$1.8B
$2.8B
Q3 25
$1.9B
Q2 25
$1.8B
$-1.2B
Q1 25
$1.6B
$2.3B
Q4 24
$1.9B
$4.3B
Net Profit
CVI
CVI
WDC
WDC
Q3 26
$3.2B
Q2 26
$1.8B
Q1 26
$-160.0M
$1.8B
Q4 25
$-110.0M
$1.2B
Q3 25
$374.0M
Q2 25
$-114.0M
$282.0M
Q1 25
$-123.0M
$520.0M
Q4 24
$28.0M
$594.0M
Gross Margin
CVI
CVI
WDC
WDC
Q3 26
50.2%
Q2 26
45.7%
Q1 26
-5.2%
45.7%
Q4 25
-3.1%
43.5%
Q3 25
28.8%
Q2 25
-3.7%
Q1 25
-5.5%
39.8%
Q4 24
3.0%
35.4%
Operating Margin
CVI
CVI
WDC
WDC
Q3 26
35.7%
Q2 26
30.1%
Q1 26
30.1%
Q4 25
-5.3%
28.1%
Q3 25
26.3%
Q2 25
-5.8%
Q1 25
-8.0%
33.1%
Q4 24
1.1%
19.9%
Net Margin
CVI
CVI
WDC
WDC
Q3 26
96.0%
Q2 26
61.1%
Q1 26
-8.1%
61.1%
Q4 25
-6.1%
41.9%
Q3 25
19.2%
Q2 25
-6.5%
-24.4%
Q1 25
-7.5%
22.7%
Q4 24
1.4%
13.9%
EPS (diluted)
CVI
CVI
WDC
WDC
Q3 26
$8.20
Q2 26
$4.73
Q1 26
$-1.91
$4.73
Q4 25
$-1.09
$3.07
Q3 25
$3.72
Q2 25
$-1.14
$0.72
Q1 25
$-1.22
$1.42
Q4 24
$0.28
$1.63

Balance Sheet & Financial Strength

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

Metric
CVI
CVI
WDC
WDC
Cash + ST InvestmentsLiquidity on hand
$512.0M
$2.0B
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$9.7B
Total Assets
$3.9B
$15.0B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVI
CVI
WDC
WDC
Q3 26
$2.0B
Q2 26
$2.0B
Q1 26
$512.0M
$2.0B
Q4 25
$511.0M
$2.0B
Q3 25
$670.0M
Q2 25
$596.0M
$2.1B
Q1 25
$695.0M
$3.5B
Q4 24
$987.0M
$2.3B
Total Debt
CVI
CVI
WDC
WDC
Q3 26
$1.6B
Q2 26
$4.7B
Q1 26
$4.7B
Q4 25
$1.8B
$4.7B
Q3 25
$1.8B
Q2 25
$1.8B
$4.7B
Q1 25
$1.9B
$7.3B
Q4 24
$1.9B
$7.4B
Stockholders' Equity
CVI
CVI
WDC
WDC
Q3 26
$9.7B
Q2 26
$7.1B
Q1 26
$7.1B
Q4 25
$730.0M
$5.9B
Q3 25
$840.0M
Q2 25
$466.0M
$5.3B
Q1 25
$580.0M
$5.2B
Q4 24
$703.0M
$12.1B
Total Assets
CVI
CVI
WDC
WDC
Q3 26
$15.0B
Q2 26
$15.6B
Q1 26
$3.9B
$15.6B
Q4 25
$3.7B
$14.4B
Q3 25
$4.0B
Q2 25
$4.0B
$14.0B
Q1 25
$4.3B
$16.4B
Q4 24
$4.3B
$25.5B
Debt / Equity
CVI
CVI
WDC
WDC
Q3 26
0.16×
Q2 26
0.65×
Q1 26
0.65×
Q4 25
2.40×
0.80×
Q3 25
2.17×
Q2 25
3.97×
0.89×
Q1 25
3.29×
1.42×
Q4 24
2.71×
0.61×

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
WDC
WDC
Operating Cash FlowLast quarter
$1.1B
Free Cash FlowOCF − Capex
$21.0M
$978.0M
FCF MarginFCF / Revenue
1.1%
29.3%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
0.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVI
CVI
WDC
WDC
Q3 26
$1.1B
Q2 26
$745.0M
Q1 26
Q4 25
$0
$672.0M
Q3 25
$163.0M
Q2 25
$176.0M
$746.0M
Q1 25
$-195.0M
$508.0M
Q4 24
$98.0M
$403.0M
Free Cash Flow
CVI
CVI
WDC
WDC
Q3 26
$978.0M
Q2 26
$653.0M
Q1 26
$21.0M
Q4 25
$599.0M
Q3 25
$125.0M
Q2 25
$135.0M
$675.0M
Q1 25
$-246.0M
$379.0M
Q4 24
$43.0M
$287.0M
FCF Margin
CVI
CVI
WDC
WDC
Q3 26
29.3%
Q2 26
21.6%
Q1 26
1.1%
Q4 25
21.3%
Q3 25
6.4%
Q2 25
7.7%
-58.5%
Q1 25
-14.9%
16.5%
Q4 24
2.2%
6.7%
Capex Intensity
CVI
CVI
WDC
WDC
Q3 26
Q2 26
Q1 26
1.5%
Q4 25
3.0%
2.6%
Q3 25
2.0%
Q2 25
2.3%
-6.2%
Q1 25
3.1%
5.6%
Q4 24
2.8%
2.7%
Cash Conversion
CVI
CVI
WDC
WDC
Q3 26
0.35×
Q2 26
0.40×
Q1 26
Q4 25
0.57×
Q3 25
0.44×
Q2 25
2.65×
Q1 25
0.98×
Q4 24
3.50×
0.68×

Financial Flow Comparison

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

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