# CVR Partners, LP (UAN)

> Source: Nexqual · https://nexqual.com/UAN · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, CVR Partners, LP (UAN), nexqual.com/UAN" · informational, not investment advice.

**Price:** USD 125.23 (-1.46% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 127.08 · day 125.22–128.25 · 52w 91.05–139.5 · market cap null · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $677M, net income $160M (23.7% margin), free cash flow $145M (SEC filings).
- 1 of 80 tracked superinvestors hold UAN (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
- Total return with dividends: 1Y +51.8% vs S&P 500 +14.9%; 5Y +239.8% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD —, revenue estimate null.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $533M | $836M | $681M | $525M | $606M | $677M |
| Gross profit | $162M | $352M | $232M | $119M | $163M | — |
| Operating income | $134M | $320M | $201M | $90.4M | $129M | $190M |
| Net income | $78.2M | $287M | $172M | $60.9M | $98.7M | $160M |
| EPS (diluted) | $7.31 | $27.07 | $16.31 | $5.76 | $9.33 | — |
| Free cash flow | $168M | $257M | $219M | $113M | $98.8M | $145M |
| Gross margin | 30.4% | 42.2% | 34.1% | 22.6% | 27.0% | — |
| Operating margin | 25.3% | 38.3% | 29.6% | 17.2% | 21.2% | 28.1% |
| Net margin | 14.7% | 34.3% | 25.3% | 11.6% | 16.3% | 23.7% |
| Revenue growth | +52.2% | +56.9% | -18.4% | -22.9% | +15.4% | — |
| Cash + short-term investments | $113M | $86.3M | $45.3M | $90.9M | $69.2M | — |
| Total debt | $611M | $547M | $547M | $569M | $570M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)

P/E at fiscal year-ends: Dec 2025 11.0x, Dec 2024 13.2x, Dec 2023 4.0x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold UAN. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Carl Icahn | Icahn Capital Management | 5.62% | $464M | Unchanged |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +51.8% | +239.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +52.1% | +27.6% |
| Volatility (annualized) | 41.5% | 38.9% |
| Max drawdown | -19.7% (Mar 2026→Jun 2026) | -41.0% (Apr 2022→Jul 2022) |

## Peers (Agricultural Inputs)
NTR (Nutrien Ltd.) USD 69.09 +1.42% · CF (CF Industries Holdings, Inc.) USD 118.56 +1.94% · CTVA (Corteva, Inc.) USD 12.86 +1.10% · MOS (Mosaic Company (The)) USD 17.27 -2.32% · SMG (Scotts Miracle-Gro Company (The) USD 59.15 +5.76% · FMC (FMC Corporation) USD 5.02 -0.20%

## More
Full page: https://nexqual.com/UAN · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt