# Par Pacific Holdings, Inc. (PARR) · Edgar & Edgarette company card

> Par Pacific Holdings (PARR) saw revenue fall 6.4% in FY2025 to $7.5 billion, operating margin 7.2% against a 16.8% median for crude petroleum & natural gas, equity 39.4% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 821483 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/PARR) · [JSON](https://www.pops4.com/boards/company/PARR.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $7.5B |
| Revenue growth, 1 year | -6.4% |
| Revenue growth per year | 12.2% |
| Operating margin | 7.2% (prior year 0.6%) |
| Net margin | 4.9% |
| Operating cash flow | $445M |
| Capital spending | $149M |
| Free cash flow | $296M |
| Cash | $164M |
| Long-term debt | $803M |
| Total assets | $3.8B |
| Total equity | $1.5B |
| Equity ÷ assets | 39.4% |
| Return on equity | 24.4% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 3.25 (safe zone)
- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: Weathered boat · two warning signs · slow and jumpy: growing slower than its size class, with revenue that swings more; revenue is hard to predict: its 80% range is ±26%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $7.5B (FY2025), total debt $802.9M. Experience: revenue down 6.4% on the year, up 12.2% a year over 4 years; operating margin 7.2%, up from 0.6%. Soundness: equity 39.4% of assets, return on equity 24.4%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $5.4B and $9.2B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $4.5B to $11.2B. A statistical range, not company guidance. Against peers (45 filers, $50M+ revenue, crude petroleum & natural gas): operating margin 7.2% against a 16.8% median; growth -6.4% against 7.8%.

Range logged 2026-09-29, receipt a5c5db2162b0852f, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-09-28 ([filing](https://www.sec.gov/Archives/edgar/data/821483/000143774926031335/0001437749-26-031335-index.htm))

## Recent filings

- 10-Q · filed 2026-11-04 · [filing](https://www.sec.gov/Archives/edgar/data/821483/000082148326000022/0000821483-26-000022-index.htm)
- 8-K · filed 2026-11-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/821483/000162828026069724/0001628280-26-069724-index.htm)
- 8-K · filed 2026-09-28 · 5.02 Departure or Election of Directors; Appointment of Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/821483/000143774926031335/0001437749-26-031335-index.htm)
- 8-K · filed 2026-08-25 · 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/821483/000143774926028947/0001437749-26-028947-index.htm)
- 10-Q · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/821483/000082148326000014/0000821483-26-000014-index.htm)
- 8-K · filed 2026-08-05 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/821483/000162828026052766/0001628280-26-052766-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000821483.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=821483

## Cite

POPS4, Edgar & Edgarette: Par Pacific Holdings, Inc. (PARR) company card, from the company's own SEC filings, accessed 2026-11-14, https://www.pops4.com/boards/company/PARR. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.