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CVR Partners, LP

Rank #386Op. LeverageWatchlistCompare with other stocks

UAN · NYSE · Basic Materials

CVR Partners, LP (UAN) — Rank #386 by gross profitability (GP/assets 0.15) · ROE — · Piotroski F-Score N/A.

As-of 2026-10-30 · 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

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

320

Industry

Agricultural Inputs

Exchange

NYSE

11/11

Flags passed

UAN passes 11/11 quality flags

  • PASS
    Gross margin holding
  • PASS
    Dilution within 2%
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Revenue growth accelerating · Operating leverage expanding · Sequential beat (rev + EPS)

No data Balance sheet — not counted as a pass.

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.15
Return on equity
—
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
—
Current ratio
3.01×
Net cash
—

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
1.6%

Growth

2/2 pass
Revenue growth
15.4%
Piotroski F-Score
N/A
Share dilution
0.0%

Operating margin expansion and free cash flow are the primary reads at this stage.

Profitability

Does it make money well?

No warning flags · GP/assets 26th percentile of 39 SIC 28 peers

Gross profitability (GP / assets)

0.15

Primary signal (Novy-Marx).

26th pctl of 39 SIC 28 peers

Return on equity

—

Gross margin

27.0%

24th pctl of 39 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.

PASS

Operating Leverage

2022202320242025
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%

Cash Flow Health

Is the cash real?

No warning flags · FCF about equal to net income

Free cash flow

$98.84M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

0.2%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

1.6%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

No warning flags

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

—

Current ratio

3.01×

68th pctl of 39 SIC 28 peers

Quick ratio

2.10×

Net cash

—

Cash & equivalents minus total debt.

Piotroski F-Score

N/A

Only 8/9 components determinable.

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

2.7 / 5

Fair
Share count trend
0.0%3/5 Good
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory
-2.2%2/5 Fair

Lifecycle Phase History

20202025
Decline
Hypergrowth
Op. Leverage

Price History

UAN+381.9% · +36.9% CAGRSPY+82.9% · +12.8% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports