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CVR ENERGY INC（CVI）与PBF Energy Inc.（PBF）财务数据对比。点击上方公司名可切换其他公司
PBF Energy Inc.的季度营收约是CVR ENERGY INC的3.9倍（$7.1B vs $1.8B）。PBF Energy Inc.净利率更高（1.1% vs -6.1%，领先7.2%）。PBF Energy Inc.同比增速更快（-2.9% vs -7.0%）。过去两年CVR ENERGY INC的营收复合增速更高（-1.4% vs -9.1%）
CVR能源是总部位于美国的能源控股企业，主营石油炼制与氮肥制造两大核心业务，生产汽油、柴油、航空燃油及农用化肥等产品，主要面向北美地区的商业、工业及农业客户供货。
PBF能源是一家美国石油炼制与物流企业，主营交通燃料、取暖油、润滑剂、石化原料及其他石油产品的生产与销售，在美国拥有并运营6座炼油厂，分布于路易斯安那州查尔梅特、俄亥俄州托莱多、新泽西州保尔斯伯勒、特拉华州特拉华城、加利福尼亚州托伦斯和马丁内斯。
CVI vs PBF — 直观对比
营收规模更大
PBF
是对方的3.9倍
$1.8B
营收增速更快
PBF
高出4.1%
-7.0%
净利率更高
PBF
高出7.2%
-6.1%
两年增速更快
CVI
近两年复合增速
-9.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $7.1B |
| 净利润 | $-110.0M | $78.4M |
| 毛利率 | -3.1% | -1.8% |
| 营业利润率 | -5.3% | 1.8% |
| 净利率 | -6.1% | 1.1% |
| 营收同比 | -7.0% | -2.9% |
| 净利润同比 | -492.9% | 127.1% |
| 每股收益（稀释后） | $-1.09 | $0.74 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CVIPBF
| Q4 25 | $1.8B | $7.1B | ||
| Q3 25 | $1.9B | $7.7B | ||
| Q2 25 | $1.8B | $7.5B | ||
| Q1 25 | $1.6B | $7.1B | ||
| Q4 24 | $1.9B | $7.4B | ||
| Q3 24 | $1.8B | $8.4B | ||
| Q2 24 | $2.0B | $8.7B | ||
| Q1 24 | $1.9B | $8.6B |
净利润CVIPBF
| Q4 25 | $-110.0M | $78.4M | ||
| Q3 25 | $374.0M | $170.1M | ||
| Q2 25 | $-114.0M | $-5.2M | ||
| Q1 25 | $-123.0M | $-401.8M | ||
| Q4 24 | $28.0M | $-289.3M | ||
| Q3 24 | $-124.0M | $-285.9M | ||
| Q2 24 | $21.0M | $-65.2M | ||
| Q1 24 | $82.0M | $106.6M |
毛利率CVIPBF
| Q4 25 | -3.1% | -1.8% | ||
| Q3 25 | 28.8% | 0.5% | ||
| Q2 25 | -3.7% | -0.8% | ||
| Q1 25 | -5.5% | -5.9% | ||
| Q4 24 | 3.0% | -4.2% | ||
| Q3 24 | -3.9% | -3.4% | ||
| Q2 24 | 2.9% | 0.1% | ||
| Q1 24 | 8.6% | 2.5% |
营业利润率CVIPBF
| Q4 25 | -5.3% | 1.8% | ||
| Q3 25 | 26.3% | 3.7% | ||
| Q2 25 | -5.8% | 0.6% | ||
| Q1 25 | -8.0% | -7.2% | ||
| Q4 24 | 1.1% | -5.2% | ||
| Q3 24 | -6.2% | -4.6% | ||
| Q2 24 | 1.4% | -0.9% | ||
| Q1 24 | 6.6% | 1.7% |
净利率CVIPBF
| Q4 25 | -6.1% | 1.1% | ||
| Q3 25 | 19.2% | 2.2% | ||
| Q2 25 | -6.5% | -0.1% | ||
| Q1 25 | -7.5% | -5.7% | ||
| Q4 24 | 1.4% | -3.9% | ||
| Q3 24 | -6.8% | -3.4% | ||
| Q2 24 | 1.1% | -0.7% | ||
| Q1 24 | 4.4% | 1.2% |
每股收益（稀释后）CVIPBF
| Q4 25 | $-1.09 | $0.74 | ||
| Q3 25 | $3.72 | $1.45 | ||
| Q2 25 | $-1.14 | $-0.05 | ||
| Q1 25 | $-1.22 | $-3.53 | ||
| Q4 24 | $0.28 | $-2.41 | ||
| Q3 24 | $-1.24 | $-2.49 | ||
| Q2 24 | $0.21 | $-0.56 | ||
| Q1 24 | $0.81 | $0.86 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $511.0M | $527.9M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $730.0M | $5.3B |
| 总资产 | $3.7B | $13.0B |
| 负债/权益比越低杠杆越低 | 2.40× | — |
8季度趋势，按日历期对齐
现金及短期投资CVIPBF
| Q4 25 | $511.0M | $527.9M | ||
| Q3 25 | $670.0M | $482.0M | ||
| Q2 25 | $596.0M | $590.7M | ||
| Q1 25 | $695.0M | $468.6M | ||
| Q4 24 | $987.0M | $536.1M | ||
| Q3 24 | $534.0M | $976.7M | ||
| Q2 24 | $586.0M | $1.4B | ||
| Q1 24 | $644.0M | $1.4B |
总债务CVIPBF
| 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 | — | ||
| Q1 24 | $1.6B | — |
股东权益CVIPBF
| Q4 25 | $730.0M | $5.3B | ||
| Q3 25 | $840.0M | $5.2B | ||
| Q2 25 | $466.0M | $5.1B | ||
| Q1 25 | $580.0M | $5.1B | ||
| Q4 24 | $703.0M | $5.5B | ||
| Q3 24 | $675.0M | $5.9B | ||
| Q2 24 | $849.0M | $6.3B | ||
| Q1 24 | $879.0M | $6.5B |
总资产CVIPBF
| Q4 25 | $3.7B | $13.0B | ||
| Q3 25 | $4.0B | $13.0B | ||
| Q2 25 | $4.0B | $13.0B | ||
| Q1 25 | $4.3B | $13.0B | ||
| Q4 24 | $4.3B | $12.7B | ||
| Q3 24 | $3.9B | $13.1B | ||
| Q2 24 | $4.0B | $14.1B | ||
| Q1 24 | $4.1B | $13.8B |
负债/权益比CVIPBF
| 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× | — | ||
| Q1 24 | 1.79× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $0 | $366.6M |
| 自由现金流经营现金流 - 资本支出 | — | $77.0M |
| 自由现金流率自由现金流/营收 | — | 1.1% |
| 资本支出强度资本支出/营收 | 3.0% | 4.1% |
| 现金转化率经营现金流/净利润 | — | 4.68× |
| 过去12个月自由现金流最近4个季度 | — | $-783.2M |
8季度趋势，按日历期对齐
经营现金流CVIPBF
| Q4 25 | $0 | $366.6M | ||
| Q3 25 | $163.0M | $25.7M | ||
| Q2 25 | $176.0M | $191.1M | ||
| Q1 25 | $-195.0M | $-661.4M | ||
| Q4 24 | $98.0M | $-329.7M | ||
| Q3 24 | $48.0M | $-68.0M | ||
| Q2 24 | $81.0M | $425.3M | ||
| Q1 24 | $177.0M | $15.8M |
自由现金流CVIPBF
| Q4 25 | — | $77.0M | ||
| Q3 25 | $125.0M | $-122.8M | ||
| Q2 25 | $135.0M | $35.0M | ||
| Q1 25 | $-246.0M | $-772.4M | ||
| Q4 24 | $43.0M | $-425.7M | ||
| Q3 24 | $14.0M | $-169.8M | ||
| Q2 24 | $38.0M | $371.8M | ||
| Q1 24 | $130.0M | $-123.8M |
自由现金流率CVIPBF
| Q4 25 | — | 1.1% | ||
| Q3 25 | 6.4% | -1.6% | ||
| Q2 25 | 7.7% | 0.5% | ||
| Q1 25 | -14.9% | -10.9% | ||
| Q4 24 | 2.2% | -5.8% | ||
| Q3 24 | 0.8% | -2.0% | ||
| Q2 24 | 1.9% | 4.3% | ||
| Q1 24 | 7.0% | -1.4% |
资本支出强度CVIPBF
| Q4 25 | 3.0% | 4.1% | ||
| Q3 25 | 2.0% | 1.9% | ||
| Q2 25 | 2.3% | 2.1% | ||
| Q1 25 | 3.1% | 1.6% | ||
| Q4 24 | 2.8% | 1.3% | ||
| Q3 24 | 1.9% | 1.2% | ||
| Q2 24 | 2.2% | 0.6% | ||
| Q1 24 | 2.5% | 1.6% |
现金转化率CVIPBF
| Q4 25 | — | 4.68× | ||
| Q3 25 | 0.44× | 0.15× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.50× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.86× | — | ||
| Q1 24 | 2.16× | 0.15× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CVI
| Petroleum Segment | $1.6B | 91% |
| Product UAN | $64.0M | 4% |
| Product Ammonia | $51.0M | 3% |
| Renewables Diesel | $27.0M | 1% |
| Product Urea Products | $8.0M | 0% |
| Renewable Fuel Credits | $7.0M | 0% |
PBF
| Gasoline And Distillate | $6.4B | 89% |
| Asphaltand Residual Oil | $283.6M | 4% |
| Other | $149.4M | 2% |
| Chemicals | $145.1M | 2% |
| Logistics Group | $93.5M | 1% |
| Lubricants | $81.9M | 1% |
