Stocks · Basic Materials · Chemicals - Specialty
Calumet Inc. CLMT
$55.28 +2.90% Close, Oct 2, 2026 · NASDAQ · Market cap $4.82B
Strong growthStrong trend
Next earnings report: Nov 6, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Over the past year the stock returned +200.1%, ahead of the S&P 500 by 185.0 percentage points.
- Net debt is 86.3× EBITDA, a high level of leverage.
- The stock is in an uptrend: above its 200-day average for 280 trading days, with the 50-day average above the 200-day.
PromtFinance scores
Each score is a percentile within the Basic Materials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth86Strong
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 28%
- Revenue growth, 3-year CAGRBottom 38%
- Revenue growth accelerationTop 6%
Quality22Very weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 36%
- Gross marginBottom 12%
- Operating marginBottom 28%
- Accruals (lower is better)Top 13%
- Net debt / EBITDA (lower is better)Bottom 1%
- Interest coverBottom 29%
Value32Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 32%
- Free-cash-flow yieldBottom 49%
- EBITDA / enterprise valueBottom 22%
- Sales / enterprise valueTop 39%
Momentum99Exceptional
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 2%
- 6-month returnTop 2%
- 1-year return vs S&P 500Top 1%
- Distance from 52-week highTop 6%
- Trend checklist (0–4)Top 12%
Revisions1Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 6%
- Consecutive EPS beatsBottom 21%
- Share of analysts rating BuyBottom 5%
- Upside to consensus price targetBottom 11%
Stability31Weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 40%
- Maximum drawdown, 3 yearsBottom 34%
- Beta vs S&P 500 (lower is better)Top 21%
- Net debt / EBITDA (lower is better)Bottom 1%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -0.1% | 12.8% | ↑ |
| Gross margin | -0.9% | 6.6% | ↑ |
| Operating margin | -4.5% | 1.1% | ↑ |
| FCF margin | -4.9% | 3.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 12.8% | -0.1% | ↑ | Top 28% |
| Gross margin | 6.6% | -0.9% | ↑ | Bottom 12% |
| Operating margin | 1.1% | -4.5% | ↑ | Bottom 28% |
| Net margin | -3.0% | -11.1% | ↑ | — |
| Free-cash-flow margin | 3.3% | -4.9% | ↑ | — |
| Return on invested capital | 1.5% | — | Bottom 36% | |
| Revenue growth, 3-year CAGR | -4.1% | — | Bottom 38% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -12.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +23.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 86.30×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 0.00%
- Share count change, 1 year
- +0.9%
- Share count change, 3-year CAGR
- +3.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 2 of 8
- Average EPS surprise, last 4
- -100.0%
- Average 2-day reaction, last 8
- -2.5%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $55.67
- Target vs current price
- +0.7%
- Analysts with a rating
- 23
- Share rating Buy or Strong Buy
- 17%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 7, 2026 | -1717.0% | -5.7% | +16.5% | +27.7% | — |
| May 8, 2026 | -538.6% | -7.3% | -9.5% | +1.6% | +20.1% |
| Feb 27, 2026 | +35.8% | -10.8% | +0.2% | +1.9% | +13.2% |
| Nov 7, 2025 | -930.9% | -1.6% | -6.2% | -0.9% | +25.6% |
| Aug 8, 2025 | -286.4% | -3.6% | -7.8% | +19.7% | +31.2% |
| May 9, 2025 | -356.1% | +3.8% | +13.3% | +13.2% | +30.7% |
| Feb 28, 2025 | +55.7% | -4.3% | -16.9% | -10.2% | -5.5% |
| Nov 8, 2024 | -100.0% | +9.8% | +1.1% | +7.9% | -18.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 7, 2026 | -$1.09 | $0.07 | -1717.0% | $1.45B |
| May 8, 2026 | -$3.64 | -$0.57 | -538.6% | $1.03B |
| Feb 27, 2026 | -$0.43 | -$0.67 | +35.8% | $1.04B |
| Nov 7, 2025 | -$3.61 | -$0.35 | -930.9% | $1.08B |
| Aug 8, 2025 | -$1.70 | -$0.44 | -286.4% | $1.03B |
| May 9, 2025 | -$1.87 | -$0.41 | -356.1% | $993.9M |
| Feb 28, 2025 | -$0.47 | -$1.06 | +55.7% | $949.5M |
| Nov 8, 2024 | -$1.18 | -$0.59 | -100.0% | $1.10B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / EBITDA | 279.8× | — | — | Bottom 22% |
| EV / Sales | 1.52× | — | — | Top 39% |
| Free-cash-flow yield | 3.12% | — | — | Bottom 49% |
| Earnings yield | -2.80% | — | — | Bottom 32% |
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 70
- Days above the 200-day average
- 280
- 50-day average slope (20 days)
- +15.1%
- 200-day average slope (20 days)
- +11.5%
- Distance from 50-day average
- +10.8%
- Distance from 200-day average
- +57.6%
- RSI (14)
- 57.5
- Relative volume
- 0.98×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 48.6%
- Volatility vs own 5-year history
- 43th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.69
- Correlation with S&P 500
- 0.19
- Current drawdown from 1-year high
- -6.4%
- Maximum drawdown, 3 years
- -61.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 3, 2025 | Apr 8, 2025 | -61.9% | 64 days | 206 days (Feb 3, 2026) |
| Feb 15, 2022 | Jul 6, 2022 | -48.5% | 96 days | 31 days (Aug 18, 2022) |
| Mar 3, 2023 | Aug 7, 2024 | -44.1% | 359 days | 11 days (Aug 22, 2024) |
| Nov 8, 2022 | Dec 22, 2022 | -35.3% | 31 days | 37 days (Feb 16, 2023) |
| Aug 25, 2022 | Sep 30, 2022 | -28.5% | 25 days | 17 days (Oct 25, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $4.82B
- EPS, diluted (TTM)
- -$1.55
- Revenue (TTM)
- $4.59B
- 52-week range
- $17.42 – $59.87
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.15B | $4.69B | $4.18B | $4.19B | $4.14B |
| Gross profit | $142.9M | $351.7M | $451.7M | $230.8M | $245.7M |
| Operating income | -$85.6M | $131.9M | $267.2M | $8.1M | $54.2M |
| Net income | -$254.9M | -$169.8M | $48.1M | -$222.0M | -$33.8M |
| EPS (diluted) | -$3.23 | -$2.14 | $0.59 | -$2.67 | -$0.39 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $949.5M | $993.9M | $1.03B | $1.08B | $1.04B | $1.03B | $1.45B |
| Net income | -$100.6M | -$40.7M | -$162.0M | -$147.9M | $313.4M | -$37.3M | -$317.0M | -$95.9M |
| EPS (diluted) | -$1.18 | -$0.47 | -$1.87 | -$1.70 | $3.61 | -$0.43 | -$3.64 | -$1.09 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$44.0M | $100.6M | -$14.9M | -$46.4M | $108.9M |
| Capital expenditure | -$82.9M | -$536.2M | -$271.8M | -$76.7M | -$52.3M |
| Free cash flow | -$126.9M | -$435.6M | -$286.7M | -$123.1M | $56.6M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $0 | -$4.4M | $0 | $0 | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $109.8M
- Total assets
- $2.80B
- Total liabilities
- $3.69B
- Total debt
- $2.26B
- Net debt
- $2.15B
- Shareholders’ equity
- -$1.14B
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Jan 29, 2016 | $0.69 | Feb 12, 2016 |
| Oct 30, 2015 | $0.69 | Nov 13, 2015 |
| Jul 31, 2015 | $0.69 | Aug 14, 2015 |
| May 1, 2015 | $0.69 | May 15, 2015 |
| Jan 30, 2015 | $0.69 | Feb 13, 2015 |
| Oct 31, 2014 | $0.69 | Nov 14, 2014 |
| Jul 31, 2014 | $0.69 | Aug 14, 2014 |
| May 1, 2014 | $0.69 | May 15, 2014 |
Short interest
- Shares sold short
- 4,483,670
- Days to cover
- 3.45
- Change vs previous report
- +22.0%
FINRA short interest, settlement date Sep 15, 2026.