Par Pacific Holdings, Inc. Comm (PARR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Par Pacific Holdings, Inc. Comm

NYSE•Energy•Oil & Gas Refining & Marketing

$84.90+1.30(0.02%)Pre-market

Market Cap

$4.09B

P/E

4.8x

P/S

0.5x

P/B

2.1x

Par Pacific Holdings, Inc., an energy company, provides renewable and conventional fuels in the United States. The company operates through three segments: Refining, Retail, and Logistics. The Refining segment owns and operates refineries that convert crude oil into gasoline, distillate, asphalt, and other products. The Retail segment operates convenience stores and fuel retail outlets that sell gasoline, diesel, and retail merchandise, such as soft drinks, prepared food, and other sundries under the Hele, 76, and nomnom brands, as well as unattended cardlock stations. The Logistics segment owns and operates terminals, pipelines, trucking operations, marine vessels, storage facilities, loading and truck racks, and rail facilities for the movement of ethanol, petroleum, and refined products; and a jet fuel storage facility and pipeline that serves Ellsworth Air Force Base in South Dakota. The company also holds interest in crude storage tanks and a crude oil pipeline that provides access to crude oil from power river basin; and refined products pipeline. In addition, it owns and operates a single point mooring, a marine terminal, a unit train-capable rail loading terminal, manifest rail siding, a truck rack, and a proprietary jet fuel pipeline that serves Joint Base Lewis McChord. The company was formerly known as Par Petroleum Corporation and changed its name to Par Pacific Holdings, Inc. in October 2015. Par Pacific Holdings, Inc. was incorporated in 1984 and is headquartered in Houston, Texas.

How this company scores

ExcellentMetricSide Score: 81/100

Strongest: Profitability (23/25); weakest: Balance Sheet & Red Flags (18/25).

Profitability23/25

Growth20/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality20/25

Strengths

Rising free cash flowHigh ROERising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 4.8x5y range 2.4x – 9.4x

Currently near its 14-quarter median.

P/S · 0.5x5y range 0.1x – 0.5x

Currently above its 20-quarter median.

P/B · 2.1x5y range 0.7x – 6.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Revenue Decline

Watch

Revenue has softened, declining in 5 quarters. Watch for further erosion.

Price & Volume

Market Cap $4.09B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $8.62B
Q. Revenue: $2.97B
TTM EBITDA: $1.30B
TTM Op. Income: $1.16B
Q. Op. Income: $634.55M
TTM Net Income: $856.91M
Q. Net Income: $462.13M
EPS: $9.53
Shares Out.: $48.51M

$8.62B in TTM revenue grew 13.2% YoY, reaching $2.97B last quarter. TTM EBITDA of $1.30B and TTM operating income of $1.16B show growth is flowing through to the bottom line. TTM net income of $856.91M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 22.6%
Op. Margin: 21.4%
Net Margin: 15.6%

Op. margin of 21.4% is up 16.3% YoY — cost efficiency is improving. Net margin at 15.6% Over the past year, operating margin is up 318% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 4.8x
P/S Ratio: 0.5x
P/B Ratio: 2.1x

At 4.8x P/E, the stock trades below typical market levels. P/S of 0.5x and P/B of 2.1x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is up 52% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $4.53B
Cash: $185.00M
Long-Term Debt: $738.15M
Book Value: $1.98B
D/E Ratio: 0.4
Debt/EBITDA: 1.1

With $4.53B in assets and $738.15M in long-term debt, D/E is 0.4and book value is $1.98B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 61% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $282.57M
TTM Free Cash Flow: $412.42M
FCF Margin: 4.8%
FCF / Net Income: 0.5

TTM FCF of $412.42M on $282.57M in operating cash flow. The FCF / Net Income ratio of 0.5x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is up 1269% — an improving trend.