CVR Partners, LP, produces and distributes nitrogen fertilizer products in the United States. The company is headquartered in Sugar Land, Texas.
| Revenue (TTM) | $643.22M |
| Gross Profit (TTM) | $274.39M |
| EBITDA | $237.44M |
| Operating Margin | 32.50% |
| Return on Equity | 39.60% |
| Return on Assets | 9.45% |
| Revenue/Share (TTM) | $60.85 |
| Book Value | $29.49 |
| Price-to-Book | 3.87 |
| Price-to-Sales (TTM) | 1.89 |
| EV/Revenue | 2.567 |
| EV/EBITDA | 7.01 |
| Quarterly Earnings Growth (YoY) | 84.30% |
| Quarterly Revenue Growth (YoY) | 26.00% |
| Shares Outstanding | $10.57M |
| Float | $10.26M |
| % Insiders | 0.31% |
| % Institutions | 54.83% |
Volatility is currently expanding
CVR Partners remains a Buy into Q2 earnings, with strong results expected despite a likely trimmed distribution below $4 per unit. UAN's structural edge is its Coffeyville plant's pet coke feedstock, insulating margins from natural gas volatility affecting peers. Management is signaling higher capital reserves for growth, which may reduce near-term distributions but supports long-term value.
SUGAR LAND, Texas--(BUSINESS WIRE)--CVR Partners, LP (NYSE: UAN) today announced that 2025 Schedule K-3s, reflecting items of international tax relevance, are now available online. Unitholders may access the information at www.taxpackagesupport.com/cvrpartners.A limited number of investors (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on the Schedule.
CVR Partners, LP Common Units (UAN) Q1 2026 Earnings Call Prepared Remarks Transcript
CVR Partners delivered a standout Q1, nearly doubling net income to $50M and raising its variable distribution to $4.00 per unit. UAN's forward yield now exceeds 10%, driven by robust fertilizer pricing, 103% ammonia plant utilization, and strong spring planting demand. I maintain my Buy rating with a $150 near-term price target and see upside optionality to $200 if forward EPS approaches $20.
CVR Partners remains a Strong Buy, driven by robust fertilizer pricing, operational flexibility, and a unique business model focused on nitrogen fertilizers. Recent earnings showed 26.7% YoY sales growth, 84% YoY net income growth, and no unit dilution, with cash nearly doubling to $128 million. Rising realized prices for UAN (+34%) and ammonia (+24%), coupled with a 20% decline in pet coke input costs, have significantly expanded margins.
Fertilizer prices have soared to their highest level in nearly three years, largely due to the ongoing conflicts in the Middle East.
