Calumet, Inc. /DE
CLMT Nasdaq· Petroleum Refining
Last close · Oct 26, 2026
$52.17
KIRA · Stoqly’s AI analyst, in plain words
- Calumet, Inc. /DE had $4.1B of revenue in fiscal 2025, down 1.2% on the year before.
- Its operating margin was 2.6%, up 2.4 pts: of every 100 in sales, about 3 is left after running the business.
- Calumet, Inc. /DE lost $33.8M in fiscal 2025.
- Free cash flow was $56.6M in fiscal 2025, 1.4% of revenue.
- Calumet, Inc. /DE owes $2.1B more than it holds in cash, about 8.2 years of operating profit.
Market cap
$4.6B
P/E
—
Revenue
$4.1B
Net income
−$33.8M
Free cash flow
$56.6M
Operating margin
2.6%
Calumet, Inc. /DE in 30 seconds · fiscal 2025
Are sales growing?
−1.2%
No. Sales fell 1.2% last year.
Does it make a profit?
−0.8%
No. It lost money last year.
Does profit turn into cash?
1.4%
Partly. 1.4% of sales ends up as free cash.
Is debt under control?
8.2x
Heavy. Repaying its debt would take 8.2 years of operating profit.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Calumet, Inc. /DE does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Legal name
- Calumet, Inc. /DE
- CIK
- 0002013745
Calumet, Inc. /DE · CLMT
Results and finances
The last 4 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Sales and profit | ||||
| Revenue | $4.7B | $4.2B | $4.2B | $4.1B |
| Revenue growth | — | −10.8% | 0.2% | −1.2% |
| Gross margin | 7.5% | 10.8% | 5.5% | 5.9% |
| Operating margin | 2.8% | 6.4% | 0.2% | 2.6% |
| Net income | −$173M | $48.1M | −$222M | −$33.8M |
| Net margin | −3.7% | 1.2% | −5.3% | −0.8% |
| Diluted EPS | −$2.14 | $0.59 | −$2.67 | −$0.39 |
| Cash | ||||
| Cash from operations | $101M | −$14.9M | −$46.4M | $109M |
| Capital expenditure | $536M | $272M | $76.7M | $52.3M |
| Free cash flow | −$436M | −$287M | −$123M | $56.6M |
| FCF margin | −9.3% | −6.9% | −2.9% | 1.4% |
| Share count change | — | 0.9% | 3.8% | 4.3% |
| Debt and strength | ||||
| Cash and short-term investments | $35.2M | $7.9M | $38.1M | $125M |
| Debt incl. finance leases | — | $1.9B | $2.1B | $2.2B |
| Shareholders' equity | −$533M | −$490M | −$712M | −$733M |
| Net debt / EBITDA | — | 4.5x | 13.3x | 8.2x |
| Current ratio | — | 0.7x | 0.9x | 1.0x |
| Interest coverage | 0.7x | 1.2x | 0.0x | 0.5x |
| Returns and quality | ||||
| Return on capital | — | 18.6% | 0.5% | 6.2% |
| Piotroski F-score | — | — | 2 | 6 |
| Altman Z'' | — | −2.6 | −2.3 | −1.8 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$20.7M
2 insiders
Of sales under plans
1%
$0.3M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Calumet, Inc. /DE · CLMT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $52.17 a share, the company is worth $4.6B.
Source: SEC EDGAR XBRL filings (CIK 0002013745). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.