CVR Partners, LP
Rank #405Op. LeverageUAN · NYSE · Basic Materials
CVR Partners, LP (UAN) — Rank #405 by gross profitability (GP/assets 0.15) · ROE — · Piotroski F-Score N/A.
As-of 2026-09-15 · CIK 0001425292 · all metrics point-in-time as of the filing date.
About
CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer in the United States.
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The company offers ammonia and urea ammonium nitrate products. It serves agricultural and industrial customers.
The company was incorporated in 2007 and is based in Sugar Land, Texas.
- Industry
- Agricultural Inputs
- Sector
- Basic Materials
- State
- DE
- Filer Category
- Accelerated filer
- Fiscal Year End
- December 31
- Website
- cvrpartners.com
Price History
Company Snapshot
P/E and reverse DCF are the primary valuation lenses at this stage.
Market Cap
$1.42B
P/E (annual)
14.4
P/S (annual)
2.3
P/B
—
P/OCF (annual)
9.5
Shareholder Yield
0.0%
Employees
320
Industry
Agricultural Inputs
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passTerry Smith quality gate
Passes 2/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
3.2%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Dilution drag: 0.0% — per-share value needs a total required return of 3.2% once share-count change is priced in.
vs. own 6-year median revenue growth: 1.0%
priced above its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
-0.8%
r = 10% (base)
3.2%
r = 12%
6.7%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Operating margin expansion and free cash flow are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.15
Primary signal (Novy-Marx).
18th pctl of 34 SIC 28 peers
Return on equity
—
Gross margin
27.0%
21st pctl of 34 SIC 28 peers
Revenue growth (YoY)
15.4%
RPO growth (YoY)
-53.2%
Remaining performance obligations growth — RPO > revenue = forward demand building.
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
-10.2%
Revenue CAGR (5Y)
11.6%
Earnings CAGR (3Y)
-29.9%
FCF CAGR (3Y)
-27.3%
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
—
Current ratio
3.01×
67th pctl of 34 SIC 28 peers
Quick ratio
2.10×
Net cash
—
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$98.84M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
0.00
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
1.6%
Stock-based comp intensity.
Piotroski F-Score
F-Score
N/A
Only 8/9 components determinable.