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Calumet Specialty Products Partners

Calumet Specialty Products Partners

CLMT · NASDAQ · Basic Materials / Specialty Chemicals

34.30USD-2.15 (-5.90%)

Price History

Full chart

Market Stats

Previous Close36.45
Open36.56
Day Range33.27 – 36.70
52-Week Range17.85 – 59.87
Volume1.30M
Market Cap3.49B
P/E (TTM)0.00
Forward P/E35.71
EPS-2.22
Dividend Yield0.00%
Beta0.69
50-Day Avg53.42
200-Day Avg39.12

About

Calumet, Inc. manufactures, formulates, and markets a slate of specialty branded products and renewable fuels in North America and internationally. It operates through Specialty Products and Solutions; Performance Brands; and Montana/Renewables segments. The Specialty Products and Solutions segment manufactures and markets various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. The Montana/Renewables segment processes geographically advantaged renewable feedstocks into renewable diesel, aviation fuel, and renewable naphtha. This segment also engages in the process of Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialty grades of asphalt. The Performance Brands segment blends, packages, and markets high performance products through Royal Purple, Bel-Ray, and TruFuel brands. It serves wholesale distributors and retail chains. Calumet, Inc. was founded in 1919 and is headquartered in Indianapolis, Indiana.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Louis Todd Borgmann
  • Employees1.54K
  • Headquarters1060 N Capitol Ave., Indianapolis, IN, United States, 46204-1044, USA
  • Websitehttps://www.calumet.com

Leadership

  • Mr. Louis Todd BorgmannPresident, CEO & Director · b. 1983
  • Mr. David A. LuninExecutive VP & CFO · b. 1981
  • Mr. Gregory J. MoricalSenior VP, General Counsel & Secretary · b. 1969
  • Mr. Bruce A. Fleming Ph.D.Executive Vice President of Montana Renewables & Corporate Development · b. 1957
  • Mr. Scott ObermeierPresident of Specialties · b. 1973
  • Mr. John Robert KrutzChief Accounting Officer · b. 1976
  • Mr. John KompaDirector of Investor Relations
  • Mr. Chris HodgesAlpha IR

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue306.76M316.35M430.38M539.62M1.29B1.64B1.64B2.49B1.85B2.19B3.13B4.66B5.42B5.79B4.21B3.60B3.76B3.50B3.45B2.27B3.15B4.69B4.18B4.19B4.14B
Growth (%)-+3.13%+36.05%+25.38%+138.89%+27.30%-0.19%+51.97%-25.81%+18.64%+43.10%+48.56%+16.41%+6.82%-27.25%-14.56%+4.57%-7.08%-1.28%-34.30%+38.79%+48.87%-10.78%+0.20%-1.25%
Cost of Revenue272.52M268.91M385.40M501.28M1.15B1.44B1.46B2.24B1.67B1.99B2.86B4.14B5.01B5.26B3.62B3.19B3.27B3.06B3.00B2.17B3.01B4.33B3.73B3.96B3.89B
Gross Profit34.24M47.44M44.98M38.33M140.36M203.24M181.36M253.88M173.10M198.75M274.13M513.18M410.00M529.70M594.60M408.30M498.20M436.70M451.70M99.10M142.90M351.70M451.70M230.80M245.70M
Gross Margin11.16%15.00%10.45%7.10%10.89%12.39%11.07%10.20%9.37%9.07%8.74%11.02%7.56%9.15%14.11%11.34%13.24%12.49%13.08%4.37%4.54%7.50%10.80%5.51%5.94%
Operating Expense43.39M38.31M47.59M50.52M74.67M81.81M80.16M125.14M105.74M127.26M148.84M227.25M318.40M482.90M519.60M448.00M340.20M313.80M375.40M171.00M228.50M219.80M184.50M222.70M191.50M
Operating Income-9.16M9.13M-2.60M-12.19M65.69M121.44M101.20M128.74M67.36M71.49M125.29M285.93M91.60M46.80M75.00M-39.70M158.00M122.90M76.30M-71.90M-85.60M131.90M267.20M8.10M54.20M
Operating Margin-2.98%2.89%-0.61%-2.26%5.10%7.40%6.18%5.17%3.65%3.26%4.00%6.14%1.69%0.81%1.78%-1.10%4.20%3.51%2.21%-3.17%-2.72%2.81%6.39%0.19%1.31%
EBITDA-11.26M5.54M-2.60M-4.95M44.67M121.44M280.72M139.81M164.93M135.64M166.40M383.70M218.50M46.80M194.30M50.30M306.50M236.10M201.60M83.10M-1.40M104.30M418.20M164.50M238.40M
EBITDA Margin-3.67%1.75%-0.61%-0.92%3.47%7.40%17.14%5.62%8.93%6.19%5.31%8.24%4.03%0.81%4.61%1.40%8.14%6.75%5.84%3.66%-0.04%2.23%10.00%3.93%5.76%
Net Income-13.28M5.28M-4.93M8.97M11.33M93.88M82.87M44.44M60.55M16.37M86.07M204.54M3.30M-112.20M-139.40M-328.60M-103.80M-55.10M-43.60M-149.00M-254.90M-169.80M48.10M-222.00M-33.80M
Net Income Margin-4.33%1.67%-1.15%1.66%0.88%5.72%5.06%1.79%3.28%0.75%2.75%4.39%0.06%-1.94%-3.31%-9.13%-2.76%-1.58%-1.26%-6.57%-8.10%-3.62%1.15%-5.30%-0.82%
R&D----------00000000-------
R&D as % of Total Revenue----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense6.24M7.43M9.49M9.87M22.96M9.03M4.72M33.94M33.57M30.50M48.75M85.57M96.80M110.80M104.90M161.70M183.10M155.50M134.60M125.90M149.50M175.90M221.70M236.70M216.00M
Interest Expense % of Total Revenue2.03%2.35%2.21%1.83%1.78%0.55%0.29%1.36%1.82%1.39%1.55%1.84%1.79%1.91%2.49%4.49%4.86%4.45%3.90%5.55%4.75%3.75%5.30%5.65%5.22%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets174.76M186.95M189.54M318.21M399.72M530.17M678.86M1.08B1.03B1.02B1.73B2.25B2.69B3.12B2.94B2.73B2.69B2.09B1.86B1.81B2.13B2.74B2.75B2.76B2.69B
Total Liabilities174.76M186.95M189.54M283.69M360.66M151.49M279.21M607.85M546.51M618.39M1.00B1.36B1.63B2.31B2.34B2.51B2.57B2.02B1.84B1.94B2.51B3.03B3.00B3.22B3.18B
Total Equity17.36M0034.51M39.05M378.69M399.64M473.21M485.35M398.28M728.90M889.79M1.06B810.20M603.90M218.70M119.90M-8.70M9.60M-137.60M-388.90M-533.60M-491.60M-712.80M-732.70M
Cash--68.00K18.09M12.17M80.95M35.00K48.00K49.00K37.00K64.00K32.17M121.10M8.50M5.60M4.20M164.30M155.70M19.10M109.40M38.10M35.20M7.90M38.10M125.10M
Total Debt---214.07M267.99M49.50M39.89M465.09M401.06M369.27M587.09M863.50M1.12B1.71B1.77B2.00B1.99B1.60B1.44B1.51B1.76B1.89B2.19B2.37B2.46B
Net Debt---195.98M255.81M-31.45M39.86M465.04M401.01M369.24M587.03M831.33M994.50M1.71B1.77B1.99B1.83B1.45B1.42B1.40B1.72B1.85B2.18B2.34B2.33B

Cash Flow

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow7.05M-612.00K-34.00M166.77M167.55M130.34M100.85M134.14M63.78M380.11M39.10M226.80M376.40M4.10M-26.50M75.20M191.90M62.80M-44.00M100.60M-14.90M-46.40M108.90M
Investing Cash Flow-11.94M-42.93M-12.90M-75.80M-260.88M-480.46M-22.71M-34.76M-460.42M-624.23M-370.30M-658.80M-389.00M-154.20M453.40M8.30M14.50M-46.30M-82.80M-286.00M-271.80M-76.70M44.10M
Financing Cash Flow4.88M61.56M40.99M-22.18M12.41M350.13M-78.14M-99.40M396.67M276.24M420.10M319.40M9.70M148.70M83.20M-442.10M-343.00M73.80M139.30M98.70M266.20M154.30M6.20M
Capital Expenditure12.16M43.03M12.96M76.06M261.01M167.70M23.52M35.00M49.48M57.05M160.80M289.90M339.30M139.40M70.00M49.80M54.90M44.00M82.90M536.20M271.80M76.70M52.30M
Free Cash Flow7.05M-43.65M-46.96M90.70M-93.47M-37.36M77.33M99.14M14.30M323.06M-121.70M-63.10M37.10M-135.30M-96.50M25.40M137.00M18.80M-126.90M-435.60M-286.70M-123.10M56.60M
Dividends Paid--7.29M38.29M77.05M66.14M59.26M65.74M82.74M132.40M184.50M210.20M224.60M52.10M00-------
FCF to OCF100.00%7131.54%138.13%54.39%-55.79%-28.66%76.68%73.91%22.42%84.99%-311.25%-27.82%9.86%-3300.00%364.15%33.78%71.39%29.94%288.41%-433.00%1924.16%265.30%51.97%
Dividend Paid to FCF---15.51%42.21%-82.43%-177.03%76.63%66.31%578.62%40.98%-151.60%-333.12%605.39%-38.51%0.00%0.00%-------

Earnings

Report DateMay 10, 2006Aug 10, 2006Nov 8, 2006Feb 15, 2007May 8, 2007Aug 7, 2007Nov 6, 2007Feb 19, 2008May 6, 2008Aug 5, 2008Nov 5, 2008Feb 18, 2009May 6, 2009Aug 5, 2009Nov 4, 2009Feb 17, 2010May 5, 2010Aug 4, 2010Nov 3, 2010Feb 16, 2011May 4, 2011Aug 3, 2011Nov 2, 2011Feb 15, 2012May 2, 2012Aug 1, 2012Oct 31, 2012Feb 13, 2013May 8, 2013Aug 7, 2013Nov 6, 2013Feb 19, 2014May 7, 2014Aug 6, 2014Nov 5, 2014Feb 27, 2015May 6, 2015Aug 5, 2015Nov 4, 2015Feb 17, 2016May 5, 2016Aug 4, 2016Nov 3, 2016Feb 24, 2017May 4, 2017Aug 4, 2017Dec 28, 2017Mar 8, 2018May 15, 2018Aug 9, 2018Nov 9, 2018Mar 7, 2019May 10, 2019Aug 8, 2019Nov 12, 2019Mar 5, 2020May 7, 2020Aug 6, 2020Nov 6, 2020Mar 3, 2021May 7, 2021Aug 6, 2021Nov 5, 2021Feb 25, 2022May 6, 2022Aug 5, 2022Nov 9, 2022Mar 15, 2023May 5, 2023Aug 4, 2023Nov 9, 2023Feb 23, 2024May 10, 2024Aug 9, 2024Nov 8, 2024Feb 21, 2025May 9, 2025Aug 8, 2025Nov 7, 2025Feb 27, 2026May 8, 2026Aug 7, 2026Nov 6, 2026
EPS Estimate0.770.900.770.690.850.840.480.270.260.240.150.450.380.530.130.200.370.130.370.380.280.380.370.620.510.590.640.680.980.790.190.120.100.070.190.260.310.350.550.12-1.01-0.37-0.21-0.70-0.69-0.340.25-0.55-0.370.13-0.040.14-0.30-0.03-0.06-0.25-0.17-0.22-0.38-0.79-0.62-0.45-0.16-0.33-0.500.360.250.010.30-0.040.21-0.46-0.41-0.45-0.86-0.37-0.66-0.21-0.43-0.22-0.57-0.231.21
EPS Actual0.300.750.920.840.790.940.450.450.450.540.450.550.230.700.120.24-0.360.150.500.450.320.270.990.240.461.421.070.600.270.11-0.540.040.50-0.450.080.860.270.350.86-0.74-0.93-0.29-0.34-1.01-0.110.19-0.30-0.39-0.030.10-0.090.23-0.010.210.09-0.220.28-0.25-0.49-0.89-0.80-0.38-0.09-0.54-1.181.360.68-0.860.09-0.21-0.18-0.84-0.93-0.32-0.52-0.17-0.67-0.400.20-0.18-0.64-0.054.65
Surprise-61.04%-16.67%19.48%21.74%-7.06%11.90%-6.25%66.67%73.08%125.00%200.00%22.22%-39.47%32.08%-7.69%20.00%-197.30%15.38%35.14%18.42%14.29%-28.95%167.57%-61.29%-9.80%140.68%67.19%-11.76%-72.45%-86.08%-384.21%-66.67%400.00%-742.86%-57.89%230.77%-12.90%0.00%56.36%-716.67%7.92%21.62%-61.90%-44.29%84.06%155.88%-220.00%29.09%91.89%-23.08%-125.00%64.29%96.67%800.00%250.00%12.00%264.71%-13.64%-28.95%-12.66%-29.03%15.56%43.75%-63.64%-136.00%277.78%172.00%-8700.00%-70.00%-425.00%-185.71%-82.61%-126.83%28.89%39.53%53.17%-1.52%-90.48%146.51%18.01%-12.28%78.26%284.30%
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap3.49B
Enterprise Value5.63B
Trailing P/E0.00
Forward P/E35.71
PEG Ratio0.65
Price / Sales0.67
Price / Book19.32
EPS-2.22
Book Value-9.89
Revenue (TTM)5.20B
Gross Profit (TTM)487.30M
EBITDA53.00M
Profit Margin-3.73%
Operating Margin17.86%
Return on Equity-1172.22%
Return on Assets-1.88%
Shares Outstanding88.08M
Shares Float60.37M
Beta0.69
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 6 analystsTarget 55.80
  • Strong Buy
    2
  • Hold
    4

Ownership Breakdown

Institutions
52.05%
Insiders
20.16%
Retail / Other
27.79%

Top Institutional Holders

  • BlackRock Inc
    5.23M5.95%
  • Wasserstein Debt Opportunities Management LP
    3.96M4.51%
  • State Street Corp
    3.47M3.95%
  • Vanguard Capital Management, LLC
    3.45M3.93%
  • Adams Asset Advisors LLC
    2.01M2.28%
  • Geode Capital Management, LLC
    1.96M2.23%
  • Barclays PLC
    1.41M1.60%
  • Vanguard Portfolio Management, LLC
    1.03M1.17%
  • Bank of America Corp
    981.35K1.12%
  • Wellington Management Company LLP
    811.48K0.92%
  • Citadel Advisors Llc
    762.08K0.87%
  • Morgan Stanley - Brokerage Accounts
    708.21K0.81%
  • Marshall Wace Asset Management Ltd
    617.14K0.70%
  • Northern Trust Corp
    615.26K0.70%
  • Voleon Capital Management LP
    612.51K0.70%
  • Charles Schwab Investment Management Inc
    552.79K0.63%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.64M3.01%
  • iShares Russell 2000 ETF
    1.76M2.00%
  • SttStrtSPDRS&POil&GasExplor&ProdtnETF
    1.50M1.70%
  • Fidelity Small Cap Index
    755.75K0.86%

Dividends

20161×
0.69Jan 29, 2016
20154×
0.69Oct 30, 20150.69Jul 31, 20150.69May 1, 20150.69Jan 30, 2015
20144×
0.69Oct 31, 20140.69Jul 31, 20140.69May 1, 20140.69Jan 31, 2014
20134×
0.69Oct 31, 20130.69Jul 31, 20130.68May 1, 20130.65Jan 31, 2013
20124×
0.62Oct 31, 20120.59Aug 1, 20120.56May 2, 20120.53Feb 1, 2012
20114×
0.50Nov 2, 20110.49Jul 29, 20110.47Apr 29, 20110.47Feb 2, 2011
20103×
0.46Oct 29, 20100.46Jul 30, 20100.46Apr 30, 2010