Calumet Inc (CLMT)

Name: Calumet Inc Financial Statements
Creator: Quarter Results

Energy | Oil Gas Exploration Production

Latest reporting period: 2025-03-31

Latest Quarter

2025-03-31

Revenue

$994M

Net Income

-$162M

Operating Margin

-4.9%

Free Cash Flow

$56.6M

Debt / Assets

118.1%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Calumet Inc (CLMT).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	993,900,000	949,500,000	1,100,400,000	1,133,700,000
Cost of Revenue	1,075,300,000	865,900,000	1,095,500,000	1,069,900,000
Gross Profit	-81,400,000	83,600,000	4,900,000	63,800,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	24,400,000	56,500,000	55,100,000	52,600,000
Operating Expenses	24,400,000	60,900,000	62,000,000	57,600,000
Operating Income	-48,700,000	22,700,000	-57,100,000	6,200,000
Interest Expense	58,500,000	61,400,000	57,700,000	56,800,000
Income Before Tax	-161,600,000	-41,300,000	-99,900,000	-38,600,000
Income Tax Expense	400,000	-600,000	700,000	500,000
Net Income	-162,000,000	-40,700,000	-100,600,000	-38,300,000
Per Share
EPS	-1.87	-0.47	-1.18	-0.48
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Calumet Inc (CLMT).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	4,137,100,000	4,189,400,000	4,181,000,000	4,686,700,000	3,148,000,000
Cost of Revenue	3,891,400,000	3,958,600,000	3,729,300,000	4,335,900,000	3,005,100,000
Gross Profit	245,700,000	230,800,000	502,300,000	350,800,000	142,900,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	171,700,000	201,200,000	187,900,000	194,900,000	203,900,000
Operating Expenses	191,500,000	222,700,000	184,500,000	216,700,000	224,600,000
Operating Income	54,200,000	8,100,000	267,200,000	133,400,000	-85,600,000
Interest Expense	216,000,000	236,700,000	221,700,000	175,900,000	149,500,000
Income Before Tax	-126,400,000	-221,200,000	49,700,000	-168,400,000	-258,600,000
Income Tax Expense	-92,600,000	800,000	1,600,000	3,400,000	1,500,000
Net Income	-33,800,000	-222,000,000	48,100,000	-171,800,000	-260,100,000
Per Share
EPS	-0.39	-2.67	0.59	-2.17	-3.29
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Calumet Inc (CLMT).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	125,100,000	38,100,000	7,900,000	35,200,000
Short Term Investments	0	0	0	0
Net Receivables	0	278,100,000	286,200,000	268,000,000
Inventory	385,200,000	416,300,000	439,400,000	498,000,000
Total Current Assets	857,800,000	766,000,000	794,700,000	820,400,000
Property Plant Equipment	1,577,200,000	1,679,000,000	1,620,700,000	1,589,500,000
Goodwill and Intangibles	149,200,000	195,000,000	201,500,000	209,300,000
Total Assets	2,688,900,000	2,758,200,000	2,751,300,000	2,741,800,000
Liabilities
Account Payables	281,500,000	320,800,000	322,000,000	442,400,000
Short Term Debt	220,400,000	186,100,000	321,700,000	90,700,000
Total Current Liabilities	840,700,000	863,600,000	1,112,700,000	1,352,100,000
Long Term Debt	161,400,000	2,245,000,000	1,866,800,000	1,576,800,000
Total Liabilities	3,176,000,000	3,224,500,000	2,996,000,000	3,029,500,000
Shareholders Equity
Retained Earnings	-1,573,400,000	-1,539,000,000	0	-421,900,000
Total Shareholders Equity	-732,700,000	-711,900,000	-491,600,000	-287,700,000

Balance sheet annual history for Calumet Inc (CLMT).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	125,100,000	38,100,000	7,900,000	35,200,000	38,100,000
Short Term Investments	0	0	0	0	0
Net Receivables	0	278,100,000	286,200,000	268,000,000	253,000,000
Inventory	385,200,000	416,300,000	439,400,000	498,000,000	326,600,000
Total Current Assets	857,800,000	766,000,000	794,700,000	820,400,000	632,600,000
Property Plant Equipment	1,577,200,000	1,679,000,000	1,620,700,000	1,589,500,000	1,107,400,000
Goodwill and Intangibles	149,200,000	195,000,000	201,500,000	209,300,000	218,800,000
Total Assets	2,688,900,000	2,758,200,000	2,751,300,000	2,741,800,000	2,127,900,000
Liabilities
Account Payables	281,500,000	320,800,000	322,000,000	442,400,000	301,000,000
Short Term Debt	220,400,000	186,100,000	321,700,000	90,700,000	72,500,000
Total Current Liabilities	840,700,000	863,600,000	1,112,700,000	1,352,100,000	899,800,000
Long Term Debt	161,400,000	2,245,000,000	1,866,800,000	1,576,800,000	1,511,900,000
Total Liabilities	3,176,000,000	3,224,500,000	2,996,000,000	3,029,500,000	2,513,000,000
Shareholders Equity
Retained Earnings	-1,573,400,000	-1,539,000,000	0	-421,900,000	-260,100,000
Total Shareholders Equity	-732,700,000	-711,900,000	-491,600,000	-287,700,000	-385,100,000

Cash flow quarterly history for Calumet Inc (CLMT).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-33,800,000	-222,000,000	47,100,000	-171,800,000
Depreciation & Amortization	148,800,000	149,000,000	182,900,000	98,300,000
Stock Based Compensation	-4,500,000	14,600,000	14,700,000	15,800,000
Change in Working Capital	-3,100,000	10,200,000	-73,000,000	-127,300,000
Operating Cash Flow	108,900,000	-46,400,000	-14,900,000	100,600,000
Investing Activities
Capital Expenditure	-52,300,000	-76,700,000	-271,800,000	-536,200,000
Investments	-52,300,000	-76,700,000	-271,800,000	-536,200,000
Investing Cash Flow	44,100,000	-76,700,000	-271,800,000	-536,000,000
Financing Activities
Debt Repayment	-86,800,000	97,700,000	-194,300,000	-2,302,400,000
Common Stock Issued/Repurchased	0	0	0	-4,400,000
Dividends Paid	0	0	0	0
Financing Cash Flow	6,200,000	154,300,000	266,200,000	348,700,000
Summary
Free Cash Flow	56,600,000	-123,100,000	-286,700,000	-435,600,000
Net Change in Cash	159,200,000	31,200,000	-20,500,000	-86,700,000

Cash flow annual history for Calumet Inc (CLMT).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	-33,800,000	-222,000,000	47,100,000	-171,800,000	-260,100,000
Depreciation & Amortization	148,800,000	149,000,000	182,900,000	98,300,000	107,700,000
Stock Based Compensation	-4,500,000	14,600,000	14,700,000	15,800,000	50,700,000
Change in Working Capital	-3,100,000	10,200,000	-73,000,000	-127,300,000	104,400,000
Operating Cash Flow	108,900,000	-46,400,000	-14,900,000	100,600,000	-44,000,000
Investing Activities
Capital Expenditure	-52,300,000	-76,700,000	-271,800,000	-536,200,000	-82,900,000
Investments	-52,300,000	-76,700,000	-271,800,000	-536,200,000	-82,900,000
Investing Cash Flow	44,100,000	-76,700,000	-271,800,000	-536,000,000	-82,800,000
Financing Activities
Debt Repayment	-86,800,000	97,700,000	-194,300,000	-2,302,400,000	-1,380,700,000
Common Stock Issued/Repurchased	0	0	0	-4,400,000	0
Dividends Paid	0	0	0	0	0
Financing Cash Flow	6,200,000	154,300,000	266,200,000	348,700,000	139,300,000
Summary
Free Cash Flow	56,600,000	-123,100,000	-286,700,000	-435,600,000	-126,900,000
Net Change in Cash	159,200,000	31,200,000	-20,500,000	-86,700,000	12,500,000