Calumet, Inc.

CLMT Basic Materials Specialty Chemicals

Calumet, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.1 billion, down 1.25% from fiscal 2024.

Revenue
+40.8%
EPS
+35.9%
Free cash flow
+450.7%
Total debt
−1.98%

Quarter to June 2026, against a year earlier

43.63 0.03 +0.07%
Market cap
$3.8B
P/E
0.0×
Fwd P/E
−25.2×
Dividend yield
—
F-score
5/9
Altman Z
1.16
Beneish M
−2.96
Dividend safety
n/a

Calumet, Inc. (CLMT) Debt to equity

Alert me on Debt to equity

Calumet, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was −2.4×, up 0.9× from fiscal 2025 (−3.3×). Over the past ten years it has ranged from −11.3× (fiscal 2020) to 56.1× (fiscal 2019); the current reading is higher than 55% of that period. That is below the Specialty Chemicals industry median of 0.6× and below the Basic Materials sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 −3.3× —
FY2024 −3.3× —
FY2023 −4.4× —
FY2022 −3.8× —
FY2021 −4.4× —
FY2020 −11.3× —
FY2019 56.1× 129.63%
FY2018 24.4× 46.97%
FY2017 16.6× 81.95%
FY2016 9.1× 224.42%

Quarterly newest first

Period Debt to equity Change
Jun 2026 −2.4× —
Mar 2026 −2.5× —
Dec 2025 −3.3× —
Sep 2025 −3.5× —
42 more quarters

Against its own ten years

Low −11.3× High 56.1×
Ten-year median −3.3×
Current reading's percentile 55

Debt to equity against peers

Company Debt to equity
CLMT Calumet, Inc. −2.4×
WDFC WD-40 Company compare 0.3×
HWKN Hawkins, Inc. compare 0.4×
SXT Sensient Technologies Corporation compare 0.6×
CBT Cabot Corporation compare 0.7×
AVNT Avient Corporation compare 0.7×
ASH Ashland Inc. compare 0.7×
PRM Perimeter Solutions, SA compare 0.9×
FUL H. B. Fuller Company compare 0.9×
Specialty Chemicals industry median 0.6×
Basic Materials sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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