Par Pacific Holdings (STU:61P) ROCE %: 10.67% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:61P Par Pacific Holdings Inc STU:61P
68 GF Score
Price €64.46
GF Value €31.28
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Par Pacific Holdings ROCE %?

Par Pacific Holdings STU:61P +12.61% 68 ROCE % is 10.67% as of Mar. 2026. GuruFocus rates STU:61P with a GF Score™ of 68/100 and a GF Value™ of €31.28 (Significantly Overvalued). The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Par Pacific Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.67%.

Par Pacific Holdings  (STU:61P) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Par Pacific Holdings ROCE % Related Terms

Par Pacific Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Par Pacific Holdings's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Par Pacific Holdings ROCE % Chart

Par Pacific Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.16 33.00 35.44 1.76 19.37

Par Pacific Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.23 14.12 53.29 16.12 10.67
STU:61P
68GF Score
Par Pacific Holdings Inc STU:61P
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Par Pacific Holdings ROCE % Calculation

Par Pacific Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=478.457/( ( (3657.049 - 1046.935) + (3273.97 - 944.64) )/ 2 )
=478.457/( (2610.114+2329.33)/ 2 )
=478.457/2469.722
=19.37 %

Par Pacific Holdings's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=257.512/( ( (3273.97 - 944.64) + (3641.234 - 1145.907) )/ 2 )
=257.512/( ( 2329.33 + 2495.327 )/ 2 )
=257.512/2412.3285
=10.67 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 10.67% mean?
Par Pacific Holdings (STU:61P) has a ROCE % of 10.67% as of Mar. 2026.
Is Par Pacific Holdings' ROCE % too high?
Par Pacific Holdings' current ROCE % is 10.67%. The Oil & Gas industry median ROCE % is 6.88. Par Pacific Holdings' value of 10.67% is 55.1% above this industry median. Overall, Par Pacific Holdings has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Par Pacific Holdings' ROCE % compare to CVI and DKL?
Par Pacific Holdings' ROCE % of 10.67% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.88. Par Pacific Holdings' value of 10.67% is 55.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.88, based on 976 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Par Pacific Holdings's current ROCE % of 10.67% is 55.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Par Pacific Holdings's current ROCE % is 10.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Par Pacific Holdings stock overvalued right now?
Based on GuruFocus' analysis, Par Pacific Holdings (STU:61P) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.28, compared to a current price of €64.46 — trading 106.1% above its estimated fair value. The current ROCE % is 10.67% and 55.1% above the Oil & Gas industry median of 6.88. Par Pacific Holdings' overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Par Pacific Holdings (STU:61P), the current ROCE % is 10.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Par Pacific Holdings (STU:61P) Overvalued in 2026?

Based on GuruFocus' analysis, Par Pacific Holdings stock appears to be overvalued. The current stock price of €64.46 is trading 106.1% above its estimated GF Value™ of €31.28. GuruFocus considers Par Pacific Holdings to be Significantly Overvalued.

Key valuation signals for STU:61P:

  • ROCE %: 10.67%
  • GF Value™: €31.28 vs. price of €64.46 (106.1% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 55.1% above the Oil & Gas median

No single metric tells the full story. See the STU:61P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Par Pacific Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges PARR:USA
Address 825 Town & Country Lane, Suite 1500, Houston, TX, USA, 77024
Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments: Refining. Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operating licenses out brands to serve the retail consumer. Through the Logistics segment, crude shipments are delivered to the refineries, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.
68GF Score

Get the complete analysis for STU:61P

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€64.46
Price
€31.28
GF Value