Calumet, Inc. logo CLMT - Calumet, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 6
HOLD 16
SELL 1
STRONG
SELL
0
| PRICE TARGET: $31.00 DETAILS
HIGH: $36.00
LOW: $26.00
MEDIAN: $31.00
CONSENSUS: $31.00
DOWNSIDE: 9.41%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue
Revenue 4,137.1 4,189.4 4,181 4,686.3 3,148 2,268.2 3,452.6 3,497.5 3,763.8 3,599.4 4,212.8 5,791.1 5,421.4 4,657.3 3,134.9 2,190.8 1,846.6 2,489.0 1,637.8 1,641.0 1,289.1 539.6 430.4 316.4 306.8
Cost of Revenue 3,891.4 3,958.6 3,729.3 4,334.6 3,005.1 2,169.1 3,000.9 3,060.8 3,265.6 3,191.1 3,618.2 5,261.4 5,011.4 4,144.1 2,860.8 1,992.0 1,673.5 2,235.1 1,456.5 1,437.8 1,148.7 501.3 385.4 268.9 272.5
Gross Profit 245.7 230.8 451.7 351.7 142.9 99.1 451.7 436.7 498.2 408.3 594.6 529.7 410 513.2 274.1 198.7 173.1 253.9 181.4 203.2 140.4 38.3 45.0 47.4 34.2
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 171.7 201.2 187.9 197.3 203.9 138.9 312.7 317.9 341.5 390.5 457 419.3 287.4 210.4 145.0 120.7 100.5 120.5 77.3 78.2 69.8 47.1 9.4 9.1 7.8
Other Expenses 19.8 21.5 (3.4) 22.5 24.6 32.1 62.7 0 3.3 1.3 1.6 (2.3) 2.7 0.5 3.8 6.6 5.2 125.1 (81.6) 81.8 72.3 50.2 47.6 38.3 43.4
Operating Expenses 191.5 222.7 184.5 219.8 228.5 171 375.4 318.6 368.9 412.3 485.8 446.9 318.4 227.2 148.8 127.3 105.7 125.1 (81.6) 81.8 72.3 50.2 47.6 38.3 43.4
Operating Income
Operating Income 54.2 8.1 267.2 131.9 (85.6) (71.9) 76.3 122.9 158 (39.7) 75 46.8 91.6 285.9 125.3 71.5 67.4 128.7 101.2 121.4 65.7 (12.2) (2.6) 9.1 (9.2)
Interest Expense 216 236.7 221.7 175.9 149.5 125.9 134.6 155.5 183.1 161.7 104.9 110.8 96.8 85.6 48.7 30.5 33.6 33.9 4.7 9.0 23.0 9.9 9.5 7.4 6.2
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.4 1.9 3.0 0 0 0 0 0
Profitability
EBITDA 238.4 164.5 418.2 104.3 15.6 83.1 201.6 236.1 330.8 (39.7) 194.3 46.8 218.5 383.7 166.4 135.6 164.9 139.8 280.7 121.4 44.7 (4.9) (9.8) 5.5 (11.3)
EBIT 89.6 15.5 271.4 6 (109.1) (22) 91.5 105.2 151.7 (134.9) 19.7 (2.2) 100.7 292.1 92.0 47.8 92.3 78.6 262.9 103.1 68.0 (11.9) (2.6) 9.1 (9.2)
Income Before Tax (126.4) (221.2) 49.7 (169.9) (258.6) (147.9) (43.1) (50.3) (31.4) (336.3) (167.8) (113) 3.9 206.5 44.0 17.3 61.9 44.7 83.4 94.1 11.3 17.7 (4.9) 5.3 (7.0)
Income Tax Expense (92.6) 0.8 1.6 3.4 1.5 1.1 0.5 0.7 (0.1) (7.7) (28.4) (0.8) 0.4 0.8 0.9 0.6 0.2 0.3 0.5 0.2 0 (21.3) 0 0 6.2
Net Income (33.8) (222) 48.1 (169.8) (254.9) (149) (43.6) (55.1) (103.8) (328.6) (139.4) (112.2) 3.3 204.5 86.1 16.4 60.5 44.4 82.9 93.9 11.3 9.0 (4.9) 5.3 (13.3)
Per Share Data
EPS (Basic) -0.39 -2.67 0.59 -2.14 -3.23 -1.86 -0.56 -0.71 -1.34 -4.27 -1.86 -1.61 -0.17 3.51 0.98 0.46 1.87 1.35 2.88 3.26 0.45 0.35 -4931.00 5281.00 -13284.00
EPS (Diluted) -0.39 -2.67 0.59 -2.14 -3.23 -1.86 -0.56 -0.71 -1.34 -4.27 -1.86 -1.61 -0.17 3.50 0.98 0.46 1.87 1.35 2.88 3.26 0.45 0.35 -4931.00 5281.00 -13284.00
Shares Outstanding 86.8 83.1 80.1 79.3 79.0 78.4 78.2 77.9 77.6 77.0 74.9 69.7 67.6 55.6 42.6 35.3 32.4 32.2 28.8 28.8 25.3 25.3 0.0 0.0 0.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001
Current Assets
Cash & Cash Equivalents 125.1 38.1 7.9 35.2 38.1 109.4 19.1 155.7 164.3 4.2 0.0 0.0 18.1 0 0 0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 0 278.1 286.2 267.1 253 152.4 175 198 354.1 204.9 122.8 109.6 58.7 0 0 0
Inventory 385.2 416.3 439.4 497.7 326.6 254.9 292.6 284.1 314.4 386.2 137.2 118.5 83.0 0 0 0
Other Current Assets 347.5 33.5 54.4 19.6 0 8 14.4 18.3 350 85.6 6.9 75.2 7.2 0 0 0
Total Current Assets 857.8 766 794.7 819.6 632.6 534.9 512.1 670 1,191.5 640.9 299.6 305.2 184.2 0 0 0
Non-Current Assets
Property, Plant & Equipment 1,577.2 1,678.2 1,620.7 1,587.4 1,100.6 992 1,047.2 1,098.1 1,159.2 1,678 629.3 659.7 126.6 89.9 86.0 76.3
Goodwill 140.5 173 173 173 173 173 171.4 171.4 171.4 177.2 48.3 48.3 0 0 0 0
Intangible Assets 8.7 22.8 28.5 38.4 52.6 71.2 90.6 88 107.9 178.5 38.1 49.5 0 0 0 0
Long-Term Investments 0 0 0 0 83.8 0 0 25.4 35 10.3 0 0 0 0 0 0
Other Non-Current Assets 104.7 118.2 134.4 122.6 85.3 37.2 36.5 34.6 23.8 38 16.5 18.4 7.4 (89.9) (86.0) (76.3)
Total Non-Current Assets 1,831.1 1,992.2 1,956.6 1,921.4 1,495.3 1,273.4 1,345.7 1,417.5 1,497.3 2,084.3 732.2 775.9 134.0 (29.5) (31.0) (17.4)
Total Assets 2,688.9 2,758.2 2,751.3 2,741 2,127.9 1,808.3 1,857.8 2,087.5 2,688.8 2,725.2 1,031.9 1,081.1 318.2 189.5 186.9 174.8
Current Liabilities
Account Payables 281.5 320.8 322 442 301 179.3 230.2 200.6 282.3 275.9 110.0 93.9 58.0 32.3 34.1 0
Short-Term Debt 220.4 66.5 245 240.5 179.6 101.1 135.8 3.8 354.1 3.5 5.0 4.8 19.8 0 0 0
Deferred Revenue 0 0 190.4 0 0 0 0 15.2 104.5 84.8 0 6.9 4.7 0 0 0
Other Current Liabilities 338.8 276.4 142.8 469.2 231.9 162.8 70.4 139.1 184.8 207.7 18.4 32.3 6.9 (32.3) (34.1) 0
Total Current Liabilities 840.7 863.6 1,112.7 1,350.9 899.8 544.5 565 415.1 925.7 498.2 139.9 137.9 89.4 32.3 34.1 0
Non-Current Liabilities
Long-Term Debt 161.4 2,062.8 1,827.8 1,537.6 1,415.6 1,316.3 1,207.1 1,600.7 1,638.2 1,993.7 396.0 460.3 194.3 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 2.3 0 0 0 0 0 0
Other Non-Current Liabilities 2,173.9 114 14.6 100.6 101.3 28.2 28.7 6 5 12.3 10.5 9.7 0 0 0 0
Total Non-Current Liabilities 2,335.3 2,360.9 1,883.3 1,677.8 1,613.2 1,392.4 1,271.2 1,606.7 1,643.2 2,008.3 406.6 470.0 194.3 0 0 0
Total Liabilities 3,176 3,224.5 2,996 3,028.7 2,513 1,936.9 1,836.2 2,021.8 2,568.9 2,506.5 546.5 607.9 283.7 189.5 186.9 174.8
Stockholders' Equity
Common Stock 0.9 0.9 (484.4) (525.3) (378.8) (125.3) 20.2 61.6 113.3 211.2 0 0 0 0 0 0
Retained Earnings (1,573.4) (1,539) 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Accumulated Other Comprehensive Income (6.8) 0.8 (7.2) (8.3) (10.1) (12.3) (10.6) (8.7) (7.2) (8.3) 13 73.5 34.5 0 0 0
Total Stockholders' Equity (732.7) (712.8) (491.6) (533.6) (388.9) (137.6) 9.6 (8.7) 119.9 218.7 485.3 473.2 34.5 0 0 17.4
Total Liabilities & Equity 2,688.9 2,758.2 2,751.3 2,741 2,127.9 1,808.3 1,857.8 2,021.8 2,688.8 2,725.2 1,031.9 1,081.1 318.2 189.5 186.9 174.8
Debt Metrics
Total Debt 381.8 2,373.2 2,190.4 1,889.3 1,757.4 1,507.3 1,439.2 1,604.5 1,992.3 1,997.2 401.1 465.1 214.1 0 0 0
Net Debt 256.7 2,335.1 2,182.5 1,854.1 1,719.3 1,397.9 1,420.1 1,448.8 1,828 1,993 401.0 465.0 196.0 0 0 0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003
Operating Activities
Net Income (33.8) (222) 48.1 (169.8) (260.1) (149) (43.6) (51) (31.3) (328.6) 11.3 9.0 (4.9)
Depreciation & Amortization 148.8 149 146.8 121.4 107.7 105.1 110.1 118.1 154.8 171.1 10.4 6.9 0
Stock-Based Compensation (4.5) 14.6 14.7 0 50.7 5.5 5.9 (1.2) 11.6 5.6 0 0 0
Change in Working Capital (3.1) 10.2 (25.1) (189.5) (45.1) (38.3) 78.9 (47.5) (105.7) 7.8 (62.6) (21.0) 0
Other Non-Cash Items 1.5 1.8 (199.4) 338.5 102.8 139.5 40.6 30.2 (0.4) 148.9 6.9 4.5 12.0
Operating Cash Flow 108.9 (46.4) (14.9) 100.6 (44) 62.8 191.9 75.2 (26.5) 4.1 (34.0) (0.6) 7.0
Investing Activities
Capital Expenditure (52.3) (76.7) (271.8) (536.2) (82.9) (44) (54.9) (49.8) (70) (139.4) (13.0) (43.0) 0
Acquisitions 96.9 0 0 250.2 0 (3.3) 60.1 50.9 484.5 (16.7) 0 0 0
Purchases of Investments (0.5) 0 0 0 0 0 0 (3.8) 0 (45.7) 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 9.9 0 29 0 0 0
Other Investing Activities 0 0 0 0 0.1 1 9.3 7.2 38.9 47.6 0.1 0.1 (11.9)
Investing Cash Flow 44.1 (76.7) (271.8) (286) (82.8) (46.3) 14.5 8.3 453.4 (154.2) (12.9) (42.9) (11.9)
Financing Activities
Net Debt Issuance (86.8) 97.7 248.7 (254.2) 41.4 107.5 (349.4) (401.8) (12.5) 208.8 53.9 67.2 0
Stock Repurchased 0 0 0 (4.4) 0 0 0 0 0 (1.8) 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 (52.1) 0 0 0
Other Financing Activities 93 56.6 17.5 357.3 97.9 (33.7) 6.4 (40.3) 95.7 (8) (12.9) (5.7) 4.9
Financing Cash Flow 6.2 154.3 266.2 98.7 139.3 73.8 (343) (442.1) 83.2 148.7 41.0 61.6 4.9
Cash Position
Net Change in Cash 159.2 31.2 (20.5) (2.9) 12.5 90.3 (136.6) (358.6) 510.1 (1.4) (5.9) 18.0 4.9
Cash at Beginning 45.9 14.7 35.2 38.1 109.4 19.1 155.7 514.3 4.2 5.6 18.1 0.1 0
Cash at End 205.1 45.9 14.7 35.2 121.9 109.4 19.1 155.7 514.3 4.2 12.2 18.1 4.9
Free Cash Flow 56.6 (123.1) (286.7) (435.6) (126.9) 18.8 137 25.4 (96.5) (135.3) (47.0) (43.6) 7.0
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Income Statement
Revenue 4,137.1 4,189.4 4,181 4,686.3 3,148 2,268.2 3,452.6 3,497.5 3,763.8 3,599.4 4,212.8 5,791.1 5,421.4 4,657.3 3,134.9 2,190.8 1,846.6 2,489.0 1,637.8 1,641.0 1,289.1 539.6 430.4 316.4 306.8
Gross Profit 245.7 230.8 451.7 351.7 142.9 99.1 451.7 436.7 498.2 408.3 594.6 529.7 410 513.2 274.1 198.7 173.1 253.9 181.4 203.2 140.4 38.3 45.0 47.4 34.2
Operating Income 54.2 8.1 267.2 131.9 (85.6) (71.9) 76.3 122.9 158 (39.7) 75 46.8 91.6 285.9 125.3 71.5 67.4 128.7 101.2 121.4 65.7 (12.2) (2.6) 9.1 (9.2)
Net Income (33.8) (222) 48.1 (169.8) (254.9) (149) (43.6) (55.1) (103.8) (328.6) (139.4) (112.2) 3.3 204.5 86.1 16.4 60.5 44.4 82.9 93.9 11.3 9.0 (4.9) 5.3 (13.3)
EPS (Diluted) -0.39 -2.67 0.59 -2.14 -3.23 -1.86 -0.56 -0.71 -1.34 -4.27 -1.86 -1.61 -0.17 3.50 0.98 0.46 1.87 1.35 2.88 3.26 0.45 0.35 -4931.00 5281.00 -13284.00
Balance Sheet
Cash & Equivalents 125.1 38.1 7.9 35.2 38.1 109.4 19.1 155.7 164.3 4.2 0.0 0.0 18.1 0 0 0
Total Assets 2,688.9 2,758.2 2,751.3 2,741 2,127.9 1,808.3 1,857.8 2,087.5 2,688.8 2,725.2 1,031.9 1,081.1 318.2 189.5 186.9 174.8
Total Debt 381.8 2,373.2 2,190.4 1,889.3 1,757.4 1,507.3 1,439.2 1,604.5 1,992.3 1,997.2 401.1 465.1 214.1 0 0 0
Stockholders' Equity (732.7) (712.8) (491.6) (533.6) (388.9) (137.6) 9.6 (8.7) 119.9 218.7 485.3 473.2 34.5 0 0 17.4
Cash Flow
Operating Cash Flow 108.9 (46.4) (14.9) 100.6 (44) 62.8 191.9 75.2 (26.5) 4.1 (34.0) (0.6) 7.0
Capital Expenditure (52.3) (76.7) (271.8) (536.2) (82.9) (44) (54.9) (49.8) (70) (139.4) (13.0) (43.0) 0
Free Cash Flow 56.6 (123.1) (286.7) (435.6) (126.9) 18.8 137 25.4 (96.5) (135.3) (47.0) (43.6) 7.0