CVI (CVR Energy) Scaled Net Operating Assets: 0.55 (As of Mar. 2026)


CVI CVR Energy Inc CVI
69 GF Score
Price $28.10
GF Value $24.65
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is CVR Energy Scaled Net Operating Assets?

CVR Energy CVI +3.69% 69 Scaled Net Operating Assets is 0.55 as of Mar. 2026. GuruFocus rates CVI with a GF Score™ of 69/100 and a GF Value™ of $24.65 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CVR Energy's operating assets for the quarter that ended in Mar. 2026 was $3,349 Mil. CVR Energy's operating liabilities for the quarter that ended in Mar. 2026 was $1,325 Mil. CVR Energy's Total Assets for the quarter that ended in Dec. 2025 was $3,706 Mil. Therefore, CVR Energy's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.55.

CVR Energy Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for CVR Energy's Scaled Net Operating Assets 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.

CVR Energy Scaled Net Operating Assets Chart

CVR Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.48 0.65 0.39 0.51

CVR Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.47 0.46 0.56 0.54 0.55

CVI vs PARR, DKL, DK: Scaled Net Operating Assets Comparison

For the Oil & Gas Refining & Marketing subindustry, CVR Energy's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CVR Energy Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CVR Energy's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where CVR Energy's Scaled Net Operating Assets falls into.


CVI
69GF Score
CVR Energy Inc CVI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CVR Energy Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CVR Energy's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(3195-1027)/4263
=0.51

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3706 - 511
=3195

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2808 - 1751 - 30
=1027

CVR Energy's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(3349-1325)/3706
=0.55

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3861 - 512
=3349

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3126 - 1773 - 28
=1325

* 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.

What does a Scaled Net Operating Assets of 0.55 mean?
CVR Energy (CVI) has a Scaled Net Operating Assets of 0.55 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CVR Energy and its competitors.
Is CVR Energy's Scaled Net Operating Assets too high?
CVR Energy's current Scaled Net Operating Assets is 0.55. Overall, CVR Energy has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CVR Energy's Scaled Net Operating Assets compare to PARR and DKL?
CVR Energy's Scaled Net Operating Assets of 0.55 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CVR Energy and its competitors. CVR Energy's current Scaled Net Operating Assets is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVR Energy stock overvalued right now?
Based on GuruFocus' analysis, CVR Energy (CVI) is currently considered Modestly Overvalued. The stock's GF Value™ is $24.65, compared to a current price of $28.10 — trading 14% above its estimated fair value. The current Scaled Net Operating Assets is 0.55. CVR Energy's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For CVR Energy (CVI), the current Scaled Net Operating Assets is 0.55 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 CVR Energy (CVI) Overvalued in 2026?

Based on GuruFocus' analysis, CVR Energy stock appears to be overvalued. The current stock price of $28.10 is trading 14% above its estimated GF Value™ of $24.65. GuruFocus considers CVR Energy to be Modestly Overvalued.

Key valuation signals for CVI:

  • Scaled Net Operating Assets: 0.55
  • GF Value™: $24.65 vs. price of $28.10 (14% above fair value)
  • GF Score™: 69/100 with 4 warning signs

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

CVR Energy Business Description

Industry EnergyOil & Gas
Other Exchanges 0HRR:UKFL9:Germany
Address 2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479
CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its subsidiaries. Subsidiaries include several complex, full-coking crude oil refineries, along with a crude oil gathering system, pipelines, storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies products through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.
69GF Score

Get the complete analysis for CVI

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$28.10
Price
$24.65
GF Value