Accessibility Menu
Calumet logo

Calumet(NASDAQ) CLMT

Market Cap$4.20BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2006)+446%
5 Year+604%
1 Year+192%
1 Month+13%
Premium Feature
Moneyball Superscore
55/100
$47.81
+4.46%
+2.04Today
After hours$47.73-$0.08 (-0.17%)
Calumet last closing stock price
MetricPriceDate
Last closeUSD 47.752026-08-28
Calumet stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-2.57%USD 49.012026-08-21
1 month+12.62%USD 42.402026-07-29
3 month+34.62%USD 35.472026-05-29
Year to date+140.31%USD 19.872025-12-31
1 year+192.41%USD 16.332025-08-28
3 year+167.96%USD 17.822023-08-29
5 year+604.28%USD 6.782021-08-27
Since inception+445.98%USD 8.752006-01-26

Calumet Financials at a Glance

Market Cap

$4.20BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$4.59B

Net Income (TTM)

-$136.80M

EPS (TTM)

-$1.56

P/E Ratio

-30.58

Dividend

$0.00

Beta (Volatility)

0.89 (Low)

Price

$47.81

Volume

1,259,464.439

Open

$46.26

Previous Close

$47.75

Daily Range

$46.26 - $48.38

52-Week Range

$16.00 - $51.50

Estimated Earnings Date

Nov 6, 2026

CLMT News

smiling investor looks at smartphone.

Why Calumet Stock Is Rocketing Higher Today

Scott LevineAug 10, 2026
Person looking at laptop screen with head in hands

Why Calumet Stock Flopped on Friday

Eric VolkmanAug 7, 2026
Person reacting joyfully to something on a smartphone

Why Calumet Stock Was a Major Winner on Wednesday

Eric VolkmanJul 8, 2026
SellAlert-Blue.png

Profit-Taking or Pivot? Adams Asset Advisors Sells $50M in Calumet Shares After a Nearly 200% Run

Andy GouldApr 27, 2026
workers walking at a chemicals plant.

Why Calumet Stock Is Soaring Today

Scott LevineMar 30, 2026
Group of people conversing in a facility full of oil barrels

Why Calumet Stock Flopped on Friday

Eric VolkmanFeb 27, 2026
SellAlert-Red.png

Calumet Exit: What a $7 Million Sell-Off Signals for a Struggling Energy Stock

Jonathan PoncianoDec 22, 2025
Green up button and red down button on a dark background

Why Calumet Stock Is Up and Down Today

Rich SmithNov 7, 2025
Page 1

CLMT: Motley Fool Moneyball Superscore

55

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About Calumet

Calumet, Inc. makes special oils and fuels for many industries. The company turns crude oil and plants into refined products. These items help machines run better and support cleaner energy.

Oils, Waxes, and Green Fuels

  • Specialty Products and Solutions: Solvents, waxes, and lubricating oils used as raw materials for industrial products; accounted for $1.0 billion in net sales for the second quarter of 2026.
  • Montana/Renewables: Renewable fuels and specialty asphalt used for transportation and construction; accounted for $329.0 million in net sales for the second quarter of 2026.
  • Performance Brands: Branded lubricants including Royal Purple and Bel-Ray; accounted for $103.6 million in net sales for the second quarter of 2026.

Strategic Steps for Growth

  • Finished the MaxSAF 150 expansion project in the second quarter of 2026 to increase production of renewable plane fuel.
  • Converted the company from a partnership to a standard corporation in July 2024.
  • Sold the Royal Purple Industrial business assets during the 2025 fiscal period.
  • Redeemed $100.0 million of 9.75% Senior Notes in July 2026 to reduce debt.
  • Completed the exercise of 2 million stock warrants in the second quarter of 2026.

Why Calumet Stands Out

Calumet operates a supply chain primarily sourced from North America, which provides insulation from global seaborne shipping disruptions. The company holds a first-mover position in the renewable aviation fuel market through its specialized Montana facility.

Financial Performance Update

  • Sales reached $1.4 billion in the second quarter of 2026, up 40.8% year over year.
  • Net loss was $95.9 million in the second quarter of 2026; this included $163.6 million in non-cash fuel credit expenses.
  • Adjusted EBITDA with Tax Attributes, a core profit measure including tax credits, rose to $175.2 million in the second quarter of 2026.
  • Cash from operating activities was $92.3 million in the three-month period ended June 30, 2026.
  • Total liquidity, including cash and available credit, reached $581.6 million as of June 30, 2026.

Bottom Line

Calumet has transitioned from a traditional oil processor into a producer of renewable fuels and high-end lubricants. This evolution focuses on reducing debt while serving the growing demand for cleaner energy solutions.

AI Generated • Aug 8, 2026

Industry

Oil, Gas and Consumable Fuels

Sector

Energy

Employees

1,540

CEO

Louis Todd Borgmann, MBA

Website

calumet.com

Headquarters

Indianapolis, IN 46204-1044, US

CLMT Financials

Key Financial Metrics (TTM)

Gross Margin

6.57%

Operating Margin

1.05%

Net Income Margin

-2.98%

Return on Equity

15.17%

Return on Capital

3.14%

Return on Assets

-4.88%

Earnings Yield

-3.27%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$4.20BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

87.90M

Volume

1.26M

Avg. Volume

1.08M

Financials (TTM)

Gross Profit

$301.50M

Operating Income

$48.40M

EBITDA

$24.90M

Operating Cash Flow

$223.00M

Capital Expenditure

-$72.60M

Free Cash Flow

$150.40M

Cash & ST Invst.

$109.80M

Total Debt

$2.26B

Calumet Performance Analysis

Calumet annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 4,686,300,00048.9%
20232023-12-31USD 4,181,000,000-10.8%
20242024-12-31USD 4,189,400,0000.2%
20252025-12-31USD 4,137,100,000-1.2%
Calumet sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-305.0%
Q42025-12-31-3.7%
Q12026-03-31-0.9%
Q22026-06-3040.3%
Calumet annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -2.14-33.7%
20232023-12-31USD 0.59N/A
20242024-12-31USD -2.67N/A
20252025-12-31USD -0.39-85.4%
Calumet sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30312.4%
Q42025-12-31-111.9%
Q12026-03-31-746.5%
Q22026-06-3070.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$1.45B

+40.8%

Gross Profit

$18.30M

+142.0%

Gross Margin

1.27%

N/A

Market Cap

$4.20BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$2.73M

N/A

Employees

1,540

N/A

Net Income

-$95.90M

+35.2%

EBITDA

$21.70M

+146.3%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$109.80M

-0.7%

Total Debt

$2.26B

-12.0%

Accounts Receivable

$417.00M

+36.3%

Inventory

$421.00M

+13.6%

Long Term Debt

$2.23B

-2.3%

Short Term Debt

$33.50M

-88.6%

Return on Assets

-4.88%

N/A

Return on Invested Capital

3.05%

N/A

Free Cash Flow

$54.00M

+590.9%

Operating Cash Flow

$92.30M

+3450.0%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
BTEBaytex Energy Corp.
$4.74-1.66%
NOGNorthern Oil and Gas, Inc.
$25.73-1.34%
TALOTalos Energy Inc.
$16.67-0.36%
BKVBKV Corporation
$24.23-1.30%

Trending Stocks

Symbol / CompanyPricePrice Chg
NVDANvidia
$217.55-0.05%
PCGPG&E
$16.60-0.08%
BITOProShares Trust - ProShares Bitcoin ETF
$10.45-0.03%
IRENIren
$35.45-0.13%

Questions About CLMT

What is the current price of Calumet?

Calumet is trading at $47.75 per share.

What is the 52-week range for Calumet?

Over the past 52 weeks, Calumet has traded between $16.00 and $51.50.

How much debt does Calumet have?

As of the most recent reporting period, Calumet reported total debt of $2.26B.

How much cash does Calumet have on hand?

Calumet reported $149.80M in cash and cash equivalents in its most recent financial results.

What is Calumet’s dividend yield?

Calumet does not currently have a dividend yield.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services