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) Operating margin

Alert me on Operating margin

Par Pacific Holdings, Inc.'s operating margin over the twelve months to 30 September 2026 was 13.2%, up 5.9 percentage points from fiscal 2025 (7.22%). Over the past ten years it has ranged from −10.2% (fiscal 2020) to 8.26% (fiscal 2023); the current reading is higher than 91% of that period. That is above the Oil & Gas Refining & Marketing industry median of 7.14% and below the Energy sector median of 15.2%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 7.22% 6.62
FY2024 0.60% (7.66)
FY2023 8.26% 2.28
FY2022 5.98% 6.14
FY2021 −0.16% 10.02
FY2020 −10.2% (12.92)
FY2019 2.74% 0.34
FY2018 2.40% (1.45)
FY2017 3.85% 4.90
FY2016 −1.05% (4.03)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 15.5% (5.90)
Jun 2026 21.4% 17.79
Mar 2026 3.58% (1.89)
Dec 2025 5.47% (12.34)
43 more quarters

Against its own ten years

Low −10.2% High 8.26%
Ten-year median 2.74%
Current reading's percentile 98

Operating margin against peers

Company Operating margin
DKL Delek Logistics Partners, L.P. compare 15.3%
PARR Par Pacific Holdings, Inc. 13.2%
PBF PBF Energy Inc. compare 9.78%
CVI CVR Energy Inc. compare 5.72%
UGP Ultrapar Participacoes S.A. compare 4.95%
DK Delek US Holdings, Inc. compare 4.84%
SUN Sunoco LP compare 4.60%
IEP Icahn Enterprises L.P. compare 0.00%
WKC World Kinect Corporation compare −0.10%
Oil & Gas Refining & Marketing industry median 7.14%
Energy sector median 15.2%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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