UAN (CVR Partners, LP) Stock Financials & Earnings | Market Cap Arena

UAN (CVR Partners, LP) Stock Financials & Earnings | Market Cap Arena

UANCVR Partners, LP

Mkt Cap$1B

Basic Materials·Agricultural Inputs·🇺🇸 United States·NYSE

Revenue (TTM)$606M

Net Income (TTM)$99M

EPS (TTM)$9.34

Free Cash Flow (TTM)$99M

Gross Margin22.8%

Op. Margin21.3%

Net Margin16.3%

FCF Margin16.3%

P/S Ratio (TTM)2.1x

P/E Ratio (TTM)12.7x

YoY Rev Growth+15.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$226M	$117M	$109M
Q2 23	$183M	$74M	$67M
Q3 23	$131M	$17M	$8M
Q4 23	$142M	$24M	$17M
Q1 24	$128M	$27M	$20M
Q2 24	$133M	$40M	$34M
Q3 24	$125M	$18M	$11M
Q4 24	$140M	$33M	$26M
Q1 25	$143M	$42M	$35M
Q2 25	$169M	$55M	$46M
Q3 25	$164M	$35M	$51M
Q4 25	$131M	$6M	-$3M

Valuation

Quarter	P/S	P/E
Q1 23	1.5x	4.3x
Q2 23	1.6x	5.3x
Q3 23	1.7x	4.9x
Q4 23	1.8x	7.3x
Q1 24	2.2x	15.1x
Q2 24	2.4x	25.4x
Q3 24	2.4x	23.9x
Q4 24	2.4x	20.6x
Q1 25	2.3x	16.7x
Q2 25	2.2x	14.3x
Q3 25	2.0x	9.9x
Q4 25	2.1x	12.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$130M	$127M
Q2 23	$61M	$57M
Q3 23	$70M	$64M
Q4 23	-$18M	-$28M
Q1 24	$42M	$34M
Q2 24	$9M	$2M
Q3 24	$87M	$82M
Q4 24	$13M	-$6M
Q1 25	$55M	$46M
Q2 25	$24M	$18M
Q3 25	$92M	$80M
Q4 25	-$22M	-$45M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$3M
Q2 23	$4M
Q3 23	$6M
Q4 23	$10M
Q1 24	$8M
Q2 24	$6M
Q3 24	$4M
Q4 24	$18M
Q1 25	$10M
Q2 25	$6M
Q3 25	$12M
Q4 25	$24M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+1.5%	-1.7%
Q2 23	-25.0%	-1.5%
Q3 23	-16.5%	-27.3%
Q4 23	-33.3%	+12.9%
Q1 24	-43.6%	-8.0%
Q2 24	-27.4%	-14.6%
Q3 24	-4.1%	-6.7%
Q4 24	-1.5%	-8.5%
Q1 25	+11.9%	+0.6%
Q2 25	+26.8%	+23.1%
Q3 25	+30.6%	-1.1%
Q4 25	-6.1%	+17.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$2M	0.9%
Q2 23	$2M	1.2%
Q3 23	$4M	2.9%
Q4 23	$269K	0.2%
Q1 24	$2M	1.6%
Q2 24	$675K	0.5%
Q3 24	$714K	0.6%
Q4 24	$1M	1.1%
Q1 25	$1M	1.0%
Q2 25	$3M	1.7%
Q3 25	$3M	2.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q1 23	$7M
Q2 23	$7M
Q3 23	$8M
Q4 23	$7M
Q1 24	$7M
Q2 24	$6M
Q3 24	$7M
Q4 24	$7M
Q1 25	$8M
Q2 25	$8M
Q3 25	$9M
Q4 25	$9M

Revenue Segments

Quarter	Product, Ammonia	Product, UAN	Product, Urea Products	Products, Other
Q1 25	$33M	$86M	$9M	$14M
Q2 25	$34M	$110M	$10M	$15M
Q3 25	$25M	$114M	$10M	$14M
Q4 25	$50M	$65M	$7M	$9M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$121M	$0	$121M
Q2 23	$69M	$0	$69M
Q3 23	$89M	$0	$89M
Q4 23	$45M	$0	$45M
Q1 24	$65M	$0	$65M
Q2 24	$48M	$0	$48M
Q3 24	$111M	$0	$111M
Q4 24	$91M	$0	$91M
Q1 25	$122M	$0	$122M
Q2 25	$114M	$0	$114M
Q3 25	$156M	$0	$156M
Q4 25	$69M	$0	$69M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	11M	+0.0%
Q2 23	11M	+0.0%
Q3 23	11M	+0.0%
Q4 23	11M	+0.0%
Q1 24	11M	+0.0%
Q2 24	11M	+0.0%
Q3 24	11M	+0.0%
Q4 24	11M	+0.0%
Q1 25	11M	+0.0%
Q2 25	11M	+0.0%
Q3 25	11M	+0.0%
Q4 25	11M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$2M	144
FY 15	$58M	5
FY 16	$71M	5
FY 17	$83M	4
FY 18	$1M	290
FY 19	$1M	286
FY 20	$1M	287
FY 21	$2M	296
FY 22	$3M	300
FY 23	$2M	310
FY 24	$2M	316
FY 25	$2M	320