PAR PACIFIC HOLDINGS, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $7.5B | $8.0B | $8.2B | $7.3B | $4.7B |
| Operating income | $538.8M | $47.6M | $680.0M | $437.9M | -$7.6M |
| Interest expense | $82.4M | $82.8M | $72.5M | $68.3M | $66.5M |
| Pretax income | $477.9M | -$39.0M | $613.3M | $364.9M | -$80.3M |
| Income tax expense | $110.8M | -$5.7M | -$115.3M | $710,000 | $1.0M |
| Net income | $369.4M | -$33.3M | $728.6M | $364.2M | -$81.3M |
| Balance Sheet | |||||
| Cash and equivalents | $164.1M | $191.9M | $279.1M | $490.9M | $112.2M |
| Current assets | $1.8B | $1.8B | $2.0B | $1.9B | $1.1B |
| Total assets | $3.8B | $3.8B | $3.9B | $3.3B | $2.6B |
| Current liabilities | $1.1B | $1.1B | $1.5B | $1.8B | $1.4B |
| Total liabilities | $2.3B | $2.6B | $2.5B | $2.6B | $2.3B |
| Total debt | $814.8M | $1.1B | $665.6M | $515.4M | $579.9M |
| Stockholders' equity | $1.5B | $1.2B | $1.3B | $644.5M | $265.7M |
| Cash Flow Statement | |||||
| Cash from operations | $445.3M | $83.8M | $579.2M | $452.6M | -$27.6M |
| Depreciation and amortization | $144.3M | $131.6M | $119.8M | $99.8M | $94.2M |
| Stock-based compensation | $16.6M | $25.7M | $11.6M | $9.4M | $8.2M |
| Capital expenditure | $148.9M | $135.5M | $82.3M | $53.0M | $29.5M |
| Free cash flow | $296.5M | -$51.8M | $496.9M | $399.6M | -$57.2M |
| Share repurchases | $124.8M | $142.0M | $67.8M | $7.8M | $2.1M |
| Impairments | — | — | $0 | $0 | $1.8M |
Shares outstanding 50.1M · Free float 62.1%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.