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

CVR ENERGY INC is the larger business by last-quarter revenue ($2.0B vs $1.1B, roughly 1.8× Woodward, Inc.). Woodward, Inc. runs the higher net margin — 12.3% vs -8.1%, a 20.4% gap on every dollar of revenue. On growth, Woodward, Inc. posted the faster year-over-year revenue change (23.4% vs 20.3%). Woodward, Inc. produced more free cash flow last quarter ($38.0M vs $21.0M). Over the past eight quarters, Woodward, Inc.'s revenue compounded faster (13.4% 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.

Woodward, Inc. is an American designer, manufacturer, and service provider of control systems and control system components for aircraft, aircraft engines, industrial engines and turbines, power generation and mobile industrial equipment. The company also provides military devices and other equipment for defense.

CVI vs WWD — Head-to-Head

Bigger by revenue
CVI
CVI
1.8× larger
CVI
$2.0B
$1.1B
WWD
Growing faster (revenue YoY)
WWD
WWD
+3.1% gap
WWD
23.4%
20.3%
CVI
Higher net margin
WWD
WWD
20.4% more per $
WWD
12.3%
-8.1%
CVI
More free cash flow
WWD
WWD
$17.0M more FCF
WWD
$38.0M
$21.0M
CVI
Faster 2-yr revenue CAGR
WWD
WWD
Annualised
WWD
13.4%
0.3%
CVI

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
CVI
CVI
WWD
WWD
Revenue
$2.0B
$1.1B
Net Profit
$-160.0M
$134.0M
Gross Margin
-5.2%
29.0%
Operating Margin
15.4%
Net Margin
-8.1%
12.3%
Revenue YoY
20.3%
23.4%
Net Profit YoY
-56.1%
22.9%
EPS (diluted)
$-1.91
$2.19

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
WWD
WWD
Q1 26
$2.0B
$1.1B
Q4 25
$1.8B
$996.5M
Q3 25
$1.9B
$995.3M
Q2 25
$1.8B
$915.4M
Q1 25
$1.6B
$883.6M
Q4 24
$1.9B
$772.7M
Q3 24
$1.8B
$854.5M
Q2 24
$2.0B
$847.7M
Net Profit
CVI
CVI
WWD
WWD
Q1 26
$-160.0M
$134.0M
Q4 25
$-110.0M
$133.7M
Q3 25
$374.0M
$137.6M
Q2 25
$-114.0M
$108.4M
Q1 25
$-123.0M
$108.9M
Q4 24
$28.0M
$87.1M
Q3 24
$-124.0M
$83.3M
Q2 24
$21.0M
$102.1M
Gross Margin
CVI
CVI
WWD
WWD
Q1 26
-5.2%
29.0%
Q4 25
-3.1%
29.3%
Q3 25
28.8%
27.9%
Q2 25
-3.7%
27.2%
Q1 25
-5.5%
27.2%
Q4 24
3.0%
24.5%
Q3 24
-3.9%
24.3%
Q2 24
2.9%
27.1%
Operating Margin
CVI
CVI
WWD
WWD
Q1 26
15.4%
Q4 25
-5.3%
17.0%
Q3 25
26.3%
16.1%
Q2 25
-5.8%
13.9%
Q1 25
-8.0%
15.0%
Q4 24
1.1%
13.2%
Q3 24
-6.2%
11.9%
Q2 24
1.4%
14.4%
Net Margin
CVI
CVI
WWD
WWD
Q1 26
-8.1%
12.3%
Q4 25
-6.1%
13.4%
Q3 25
19.2%
13.8%
Q2 25
-6.5%
11.8%
Q1 25
-7.5%
12.3%
Q4 24
1.4%
11.3%
Q3 24
-6.8%
9.7%
Q2 24
1.1%
12.0%
EPS (diluted)
CVI
CVI
WWD
WWD
Q1 26
$-1.91
$2.19
Q4 25
$-1.09
$2.17
Q3 25
$3.72
$2.23
Q2 25
$-1.14
$1.76
Q1 25
$-1.22
$1.78
Q4 24
$0.28
$1.42
Q3 24
$-1.24
$1.36
Q2 24
$0.21
$1.63

Balance Sheet & Financial Strength

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

Metric
CVI
CVI
WWD
WWD
Cash + ST InvestmentsLiquidity on hand
$512.0M
$501.2M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$2.5B
Total Assets
$3.9B
$5.0B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVI
CVI
WWD
WWD
Q1 26
$512.0M
$501.2M
Q4 25
$511.0M
$454.2M
Q3 25
$670.0M
$327.4M
Q2 25
$596.0M
$473.2M
Q1 25
$695.0M
$364.1M
Q4 24
$987.0M
$283.7M
Q3 24
$534.0M
$282.3M
Q2 24
$586.0M
$308.3M
Total Debt
CVI
CVI
WWD
WWD
Q1 26
$1.1B
Q4 25
$1.8B
Q3 25
$1.8B
$579.9M
Q2 25
$1.8B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.6B
$655.5M
Q2 24
$1.6B
Stockholders' Equity
CVI
CVI
WWD
WWD
Q1 26
$2.5B
Q4 25
$730.0M
$2.6B
Q3 25
$840.0M
$2.6B
Q2 25
$466.0M
$2.5B
Q1 25
$580.0M
$2.3B
Q4 24
$703.0M
$2.2B
Q3 24
$675.0M
$2.2B
Q2 24
$849.0M
$2.2B
Total Assets
CVI
CVI
WWD
WWD
Q1 26
$3.9B
$5.0B
Q4 25
$3.7B
$4.7B
Q3 25
$4.0B
$4.6B
Q2 25
$4.0B
$4.7B
Q1 25
$4.3B
$4.5B
Q4 24
$4.3B
$4.3B
Q3 24
$3.9B
$4.4B
Q2 24
$4.0B
$4.3B
Debt / Equity
CVI
CVI
WWD
WWD
Q1 26
0.43×
Q4 25
2.40×
Q3 25
2.17×
0.23×
Q2 25
3.97×
Q1 25
3.29×
Q4 24
2.71×
Q3 24
2.33×
0.30×
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
WWD
WWD
Operating Cash FlowLast quarter
$91.0M
Free Cash FlowOCF − Capex
$21.0M
$38.0M
FCF MarginFCF / Revenue
1.1%
3.5%
Capex IntensityCapex / Revenue
1.5%
4.9%
Cash ConversionOCF / Net Profit
0.68×
TTM Free Cash FlowTrailing 4 quarters
$388.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVI
CVI
WWD
WWD
Q1 26
$91.0M
Q4 25
$0
$114.4M
Q3 25
$163.0M
$233.3M
Q2 25
$176.0M
$125.6M
Q1 25
$-195.0M
$77.8M
Q4 24
$98.0M
$34.5M
Q3 24
$48.0M
$141.8M
Q2 24
$81.0M
$153.2M
Free Cash Flow
CVI
CVI
WWD
WWD
Q1 26
$21.0M
$38.0M
Q4 25
$70.3M
Q3 25
$125.0M
$180.9M
Q2 25
$135.0M
$99.1M
Q1 25
$-246.0M
$59.4M
Q4 24
$43.0M
$942.0K
Q3 24
$14.0M
$117.7M
Q2 24
$38.0M
$137.3M
FCF Margin
CVI
CVI
WWD
WWD
Q1 26
1.1%
3.5%
Q4 25
7.1%
Q3 25
6.4%
18.2%
Q2 25
7.7%
10.8%
Q1 25
-14.9%
6.7%
Q4 24
2.2%
0.1%
Q3 24
0.8%
13.8%
Q2 24
1.9%
16.2%
Capex Intensity
CVI
CVI
WWD
WWD
Q1 26
1.5%
4.9%
Q4 25
3.0%
4.4%
Q3 25
2.0%
5.3%
Q2 25
2.3%
2.9%
Q1 25
3.1%
2.1%
Q4 24
2.8%
4.3%
Q3 24
1.9%
2.8%
Q2 24
2.2%
1.9%
Cash Conversion
CVI
CVI
WWD
WWD
Q1 26
0.68×
Q4 25
0.86×
Q3 25
0.44×
1.70×
Q2 25
1.16×
Q1 25
0.71×
Q4 24
3.50×
0.40×
Q3 24
1.70×
Q2 24
3.86×
1.50×

Financial Flow Comparison

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

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