Calumet (CLMT)
Formulates specialty hydrocarbons and branded lubricants while producing conventional and renewable fuels.
$55.43
vs last close−0.99 (−1.75%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,149 | 977 | 1,006 | 1,134 | 1,100 | 950 | 994 | 1,027 | 1,078 | 1,039 | 1,030 | 1,445 |
| Cost of revenue | 888 | 955 | 927 | 1,070 | 1,096 | 866 | 1,075 | 1,070 | 704 | 1,042 | 1,117 | 1,427 |
| Gross profit | 262 | 22 | 79 | 64 | 5 | 84 | −81 | −44 | 374 | −3 | −88 | 18 |
| 49 | 35 | 42 | 58 | 62 | 61 | −33 | 57 | 51 | 60 | 84 | 58 | |
| 53 | 42 | 37 | 53 | 55 | 57 | 24 | 53 | 42 | 52 | 78 | 39 | |
| Selling & marketing | 12 | 14 | 14 | 15 | 15 | 12 | 12 | 12 | 11 | 13 | 12 | 0 |
| General & administrative | 40 | 29 | 23 | 38 | 40 | 45 | 12 | 41 | 31 | 39 | 66 | 39 |
| Other expenses | −4 | −8 | 5 | 5 | 7 | 4 | −57 | 4 | 9 | 9 | 6 | 19 |
| Operating income | 213 | −13 | 36 | 6 | −57 | 23 | −49 | −101 | 323 | −63 | −171 | −40 |
| −113 | −34 | −78 | −45 | −43 | −64 | −113 | −47 | −51 | −26 | −167 | −77 | |
| Interest expense | 59 | 58 | 61 | 57 | 58 | 61 | 59 | 53 | 54 | 51 | −51 | 52 |
| Other non-operating income | 54 | −24 | 17 | −12 | −15 | 3 | 54 | −6 | −3 | −25 | 218 | 25 |
| Income before tax | 100 | −46 | −41 | −39 | −100 | −41 | −162 | −148 | 272 | −89 | −338 | −117 |
| Income tax expense | 1 | 0 | 0 | 1 | 1 | −1 | 0 | 0 | −41 | −52 | −21 | −21 |
| Net income from continuing operations | 100 | −47 | −42 | −39 | −101 | −41 | −162 | −148 | 313 | −37 | −317 | −96 |
| Other adjustments | −3 | −19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 100 | −65 | −41 | −38 | −101 | −41 | −162 | −148 | 313 | −37 | −317 | −96 |
| EPS, basic | $1.24 | −$0.59 | −$0.51 | −$0.48 | −$1.18 | −$0.47 | −$1.87 | −$1.70 | $3.61 | −$0.43 | −$3.64 | −$1.09 |
| EPS, diluted | $1.24 | −$0.59 | −$0.51 | −$0.48 | −$1.18 | −$0.47 | −$1.87 | −$1.70 | $3.61 | −$0.43 | −$3.64 | −$1.09 |
| Weighted average shares, basic | 80 | 80 | 80 | 81 | 86 | 86 | 86 | 87 | 87 | 87 | 87 | 88 |
| Weighted average shares, diluted | 80 | 80 | 80 | 81 | 86 | 86 | 86 | 87 | 87 | 87 | 87 | 88 |
| EBITDA | 159 | 12 | 65 | 64 | 3 | 33 | −56 | −47 | 344 | 6 | −348 | 22 |
| Depreciation & amortization | 0 | 0 | 45 | 46 | 45 | 12 | 47 | 48 | 19 | 45 | 41 | 87 |
| EBIT | 159 | 12 | 19 | 18 | −42 | 20 | −103 | −95 | 326 | −38 | −389 | −65 |
