Par Pacific Holdings, Inc.

PARR Energy Oil & Gas Refining & Marketing

Par Pacific Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.5 billion, down 6.39% from fiscal 2024.

Revenue
+51.6%
EPS
+38.2%
Free cash flow
+328.4%
Total debt
−48.2%

Quarter to September 2026, against a year earlier

69.24 0.42 −0.60%
Market cap
$3.4B
P/E
3.5×
Fwd P/E
3.4×
Dividend yield
—
F-score
7/9
Altman Z
3.28
Beneish M
−2.98
Dividend safety
n/a

Par Pacific Holdings, Inc. (PARR) Gross margin

Alert me on Gross margin

Par Pacific Holdings, Inc.'s gross margin over the twelve months to 30 September 2026 was 22.2%, up 4.0 percentage points from fiscal 2025 (18.2%). Over the past ten years it has ranged from 5.67% (fiscal 2020) to 18.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Oil & Gas Refining & Marketing industry median of 10.9% and below the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 18.2% 7.20
FY2024 11.0% (5.98)
FY2023 16.9% 4.01
FY2022 12.9% 5.03
FY2021 7.89% 2.22
FY2020 5.67% (5.40)
FY2019 11.1% (0.88)
FY2018 12.0% (3.95)
FY2017 15.9% 3.64
FY2016 12.3% (1.24)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 23.4% (5.29)
Jun 2026 28.7% 14.18
Mar 2026 14.5% (2.55)
Dec 2025 17.1% (10.69)
43 more quarters

Against its own ten years

Low 5.67% High 18.2%
Ten-year median 12.3%
Current reading's percentile 98

Gross margin against peers

Company Gross margin
PARR Par Pacific Holdings, Inc. 22.2%
DKL Delek Logistics Partners, L.P. compare 17.6%
PBF PBF Energy Inc. compare 15.9%
SUN Sunoco LP compare 10.9%
UGP Ultrapar Participacoes S.A. compare 8.44%
CVI CVR Energy Inc. compare 7.54%
DK Delek US Holdings, Inc. compare 7.12%
WKC World Kinect Corporation compare 2.54%
IEP Icahn Enterprises L.P. compare 0.00%
Oil & Gas Refining & Marketing industry median 10.9%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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