your badges 52W Range $17–$60 89% of range Analyst Rating HOLD 12 analysts Price Target $53 P/E -35.7 ROE 12.7% Net Profit Margin -3.0%

CLMT Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $55.28
Market Cap (MRQ) $4.86B
P/E (TTM) -35.7
EPS (TTM) $-1.55
Revenue (TTM) $4.59B
ROE (TTM) 12.7%
Debt/Equity (MRQ) -2.0
52W Range $17–$60

CLMT Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$4.14B
2022-12-31 → 2025-12-31
EPS$-0.39
2024-12-31 → 2025-12-31
Free Cash Flow$57M
2024-12-31 → 2025-12-31
Net margin-3.0%
2024-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend CLMT 5Y avg Peer Median Verdict
P/E (TTM) -35.7 · · ·
P/S (TTM) 1.1 · 0.6 Fair value
P/B (MRQ) -4.3 · · ·
EV / EBITDA 26.2 · 21.6 Undervalued
Price / FCF (TTM) 32.3 · · ·
Price / Cash Flow (TTM) 21.8 · 6.2 Overvalued
EV / Revenue 1.6 · · ·
EV / FCF 119.2 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Annualized Payout≈$2.74Paid quarterly
Ex-dateAmountCurrencyYield
Jan 29, 2016$0.69USD≈16.3%
Oct 30, 2015$0.69USD≈10.3%
Jul 31, 2015$0.69USD≈10.0%
May 1, 2015$0.69USD≈10.0%
Jan 30, 2015$0.69USD≈10.9%
Oct 31, 2014$0.69USD≈10.2%
Jul 31, 2014$0.69USD≈8.8%
May 1, 2014$0.69USD≈9.7%
Jan 31, 2014$0.69USD≈9.4%
Oct 31, 2013$0.69USD≈9.1%
Jul 31, 2013$0.69USD≈8.0%
May 1, 2013$0.68USD≈7.0%
Jan 31, 2013$0.65USD≈7.6%
Oct 31, 2012$0.62USD≈7.3%
Aug 1, 2012$0.59USD≈8.9%
May 2, 2012$0.56USD≈7.7%
Feb 1, 2012$0.53USD≈9.2%
Nov 2, 2011$0.50USD≈10.4%
Jul 29, 2011$0.50USD≈8.6%
Apr 29, 2011$0.48USD≈8.4%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise -257.8%
Next Report Nov 05, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 7, 2026 $-1.09 $0.10 -1168.6%
March 31, 2026 May 8, 2026 $-3.64 $-0.42 -757.9%
Dec. 31, 2025 $-0.43 $-0.38 -12.9%
Sept. 30, 2025 $3.61 $-0.34 1147.0%
June 30, 2025 $-1.70 $-0.33 -407.6%
March 31, 2025 $-2.59 $-0.58 -346.6%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 14
Metric Trend 202520242023
Revenue $4.14B$4.19B$4.18B
Cost of Revenue $3.89B$3.96B$3.73B
Gross Profit $246M$231M$452M
SG&A Expense $124M$146M$133M
Operating Income $109M$8M$267M
Other Non-op $19M$-2M$200.0K
Pretax Income $-126M$-221M$50M
Income Tax $-93M$800.0K$2M
Net Income $-34M$-222M$48M
EPS (Basic) $-0.39$-2.67·
EPS (Diluted) $-0.39$-2.67·
Shares (Basic) 86,761,13983,146,68080,075,530
Shares (Diluted) 86,761,13983,146,68080,075,530
EBITDA $258M$157M·
Balance Sheet 26
Metric Trend 202520242023
Cash & Equivalents $125M$38M$8M
Receivables $232M$278M$286M
Inventory $385M$416M$439M
Prepaid Expense $28M$26M$52M
Current Assets $858M$766M$795M
PP&E (Net) $1.35B$1.44B$1.51B
PP&E (Gross) $2.70B$2.65B$2.60B
Accum. Depreciation $1.34B$1.21B$1.10B
Goodwill $140M$173M$173M
Intangibles $9M$22M$28M
Other Non-current Assets $478M$118M$134M
Total Assets $2.69B$2.76B$2.75B
Accounts Payable $282M$321M$322M
Current Liabilities $841M$864M$1.11B
Capital Leases $161M$182M$39M
Other Non-current Liabilities $258M$110M$10M
Total Liabilities $3.18B$3.22B$3.00B
Long-term Debt $2.23B$2.12B·
Total Debt $2.08B$2.06B·
Common Stock $900.0K$900.0K$800.0K
Paid-in Capital $839M$825M$1.50B
Retained Earnings $-1.57B$-1.54B$-1.98B
AOCI $-7M$-7M$-7M
Stockholders' Equity $-733M$-712M$-490M
Liabilities + Equity $2.69B$2.76B$2.75B
Shares Outstanding 86,776,55285,950,49379,967,363
Cash Flow 12
Metric Trend 202520242023
D&A $149M$149M$147M
Stock-based Comp $-4M$15M$15M
Deferred Tax $-8M$-400.0K$-100.0K
Amort. of Intangibles $3M$6M$8M
Other Non-cash $6M$12M·
Operating Cash Flow $109M$-46M$-15M
CapEx $52M$77M$272M
Investing Cash Flow $44M$-77M$-272M
Financing Cash Flow $6M$154M$266M
Net Change in Cash $159M$31M$-20M
Taxes Paid $500.0K··
Free Cash Flow $57M$-123M·
Profitability 8
Metric Trend 202520242023
Gross Margin 5.9%5.5%·
Operating Margin 2.6%0.19%·
Net Margin -0.82%-5.3%·
Pretax Margin -3.1%-5.3%·
EBITDA Margin 6.2%3.8%·
ROA -1.2%-8.1%·
ROE 3.9%32.1%·
ROIC 2.2%0.60%·
Liquidity & Solvency 4
Metric Trend 202520242023
Current Ratio 1.00.9·
Quick Ratio 0.40.4·
Debt / Equity -2.8-2.9·
LT Debt / Equity -2.8-2.9·
Efficiency 3
Metric Trend 202520242023
Asset Turnover 1.51.5·
Inventory Turnover 9.79.3·
Receivables Turnover 16.214.8·
Per Share 5
Metric Trend 202520242023
Book Value / Share $-8.44$-8.28·
Revenue / Share $47.68$50.39·
Cash Flow / Share $1.26$-0.56·
Cash / Share $1.44$0.44·
EPS (TTM) $-0.39$-2.67·
Growth Rates 2
Metric Trend 202520242023
Revenue YoY -1.2%0.20%-10.8%
Revenue CAGR 3Y -4.1%··
Valuation (TTM) 13
Metric Trend 202520242023
Revenue TTM $4.14B$4.19B·
Net Income TTM $-34M$-222M·
Market Cap $1.72B$1.89B·
Enterprise Value $3.68B$3.92B·
P/E -50.9-8.2·
P/S 0.40.5·
P/B -2.4-2.7·
P / Cash Flow 15.8-40.8·
P / FCF 30.5-15.4·
EV / EBITDA 14.324.9·
EV / FCF 65.0-31.8·
EV / Revenue 0.90.9·
Earnings Yield -2.0%-12.1%·

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-31
Revenue $4.14B $4.19B $4.18B $4.69B
Gross Margin % 5.9% 5.5% · ·
Operating Margin % 2.6% 0.19% · ·
Net Income $-34M $-222M $48M $-173M
Diluted EPS $-0.39 $-2.67 · ·

Institutional owners (13F) 217 filers · $2.0B total · As of June 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 217
Value held $2.0B
New positions 39
Exited positions 29
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
39 (-34 vs prior Q) 29 (+13 vs prior Q) 72 (+13 vs prior Q) 61 (+13 vs prior Q) -4.3M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
Two Seas Capital LP $238,441,882 6,619,708 12.10% Shares
BlackRock, Inc. $188,532,498 5,234,106 9.57% Shares
Wasserstein Management, L.P. $142,815,446 3,964,893 7.25% Shares
STATE STREET CORP $125,027,761 3,471,065 6.35% Shares
VANGUARD CAPITAL MANAGEMENT LLC $124,409,874 3,453,911 6.31% Shares
VANGUARD GROUP INC $93,449,405 4,703,040 4.74% Shares
Adams Asset Advisors, LLC $72,263,540 2,006,206 3.67% Shares
GEODE CAPITAL MANAGEMENT, LLC $70,693,348 1,962,286 3.59% Shares
Graham Capital Management, L.P. $61,716,668 1,713,400 3.13% Put option
BARCLAYS PLC $50,780,023 1,409,773 2.58% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $41,196,074 1,143,700 2.09% Put option
VANGUARD PORTFOLIO MANAGEMENT LLC $36,932,062 1,025,321 1.87% Shares
BANK OF AMERICA CORP /DE/ $35,348,335 981,353 1.79% Shares
WELLINGTON MANAGEMENT GROUP LLP $29,229,582 811,482 1.48% Shares
CITADEL ADVISORS LLC $27,450,266 762,084 1.39% Shares
MORGAN STANLEY $25,509,581 708,206 1.29% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $23,308,542 647,100 1.18% Call option
MARSHALL WACE, LLP $22,229,309 617,138 1.13% Shares
NORTHERN TRUST CORP $22,161,774 615,263 1.12% Shares
Voleon Capital Management LP $22,062,466 612,506 1.12% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $19,911,532 552,791 1.01% Shares
BROWN ADVISORY INC $19,272,285 535,044 0.98% Shares
CITADEL ADVISORS LLC $19,162,640 532,000 0.97% Call option
CITIGROUP INC $17,312,041 480,623 0.88% Shares
BNP PARIBAS FINANCIAL MARKETS $17,262,981 479,261 0.88% Shares
VANGUARD FIDUCIARY TRUST CO $16,991,210 471,716 0.86% Shares
CITADEL ADVISORS LLC $16,770,912 465,600 0.85% Put option
Parallax Volatility Advisers, L.P. $15,250,868 423,400 0.77% Put option
DIMENSIONAL FUND ADVISORS LP $15,203,718 422,091 0.77% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $13,906,494 386,077 0.71% Shares
GOLDMAN SACHS GROUP INC $13,887,691 385,555 0.70% Shares
JPMORGAN CHASE & CO $12,255,831 338,696 0.62% Shares
JANE STREET GROUP, LLC $12,153,148 337,400 0.62% Put option
RENAISSANCE TECHNOLOGIES LLC $11,587,634 321,700 0.59% Shares
ROYAL BANK OF CANADA $11,161,000 309,840 0.57% Shares
MILLENNIUM MANAGEMENT LLC $11,006,163 305,557 0.56% Shares
FIRST TRUST ADVISORS LP $10,787,773 299,494 0.55% Shares
HENNESSY ADVISORS INC $10,200,864 283,200 0.52% Shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND $9,513,134 264,107 0.48% Shares
Apis Capital Advisors, LLC $8,356,640 232,000 0.42% Shares
JANE STREET GROUP, LLC $8,327,824 231,200 0.42% Call option
JANUS HENDERSON GROUP PLC $7,823,864 217,948 0.40% Shares
Diametric Capital, LP $7,433,519 206,372 0.38% Shares
Bank of New York Mellon Corp $6,928,366 192,348 0.35% Shares
one8zero8, LLC $6,700,440 186,020 0.34% Shares
GROUP ONE TRADING LLC $6,485,077 180,041 0.33% Shares
Sagefield Capital LP $5,997,510 166,505 0.30% Shares
RAYMOND JAMES FINANCIAL INC $5,944,561 165,035 0.30% Shares
WELLS FARGO & COMPANY/MN $5,770,699 160,208 0.29% Shares
Nuveen, LLC $5,729,738 159,071 0.29% Shares

Show all 217 institutional owners →

Activists & 5%+ owners 2 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
The Heritage Group ×2 filings June 5, 2026 16.56% Amendment · SEC
Wasserstein Debt Opportunities Management, L.P., WDO Management GP, LLC, Wasserstein Debt Opportunities Master, LP, Wasserstein Debt Opportunities Genpar, LLC, Bagaria Rajay, Joseph Dutton Feb. 25, 2025 7.00% Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 20 insiders · 7 officers · 11 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Louis Todd Borgmann CHIEF EXECUTIVE OFFICER Sept. 25, 2026 M 324,269 0 0 $0
David Lunin EVP - CFO Feb. 24, 2026 A 2,500 0 0 $0
Gregory J Morical SVP, GENERAL COUNSEL Sept. 25, 2026 M 64,945 0 0 $0
Bruce A Fleming EVP - MONTANA RENEWABLES Sept. 25, 2026 M 615,201 0 0 $0
John Robert Krutz Chief Accounting Officer March 31, 2026 A · 0 0 $0
Scott Obermeier EVP - SPECIALTIES March 9, 2026 M 237,656 0 0 $0
Vincent Donargo Chief Accounting Officer March 11, 2025 M 14,005 0 0 $0
Stephen P Mawer Director Sept. 25, 2026 M 348,410 0 0 $0
John G. Boss Director Aug. 20, 2026 A 33,033 0 0 $0
Amy M Schumacher Director Aug. 20, 2026 A 258,160 0 0 $0
Paul C Raymond Director Aug. 20, 2026 A 28,973 0 0 $0
Daniel J Sajkowski Director July 9, 2026 M 81,958 0 7 $-1,305,721
Karen A. Twitchell Director July 9, 2026 M 13,389 0 0 $0
Julio M Quintana Director July 9, 2026 M 7,067 0 0 $0
Karen G Narwold Director July 9, 2026 M 7,067 0 0 $0
Bradford Timothy Sanders Director June 2, 2026 A · 0 0 $0
Daniel L Sheets Director June 9, 2025 A 26,824 0 0 $0
James S Carter Director June 9, 2025 A 394,632 0 0 $0
The Heritage Group 10% owner June 5, 2026 G 12,440,211 0 1 $-20,402,515
Jennifer Straumins · Dec. 4, 2025 M 943,438 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 40 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PXI · Invesco Exchange-Traded Fund Trust 2.56% 27,066 SH Oct. 2, 2026 Daily
GUSH · Direxion Shares ETF Trust 1.62% 91,067 NS July 31, 2026 N-PORT
FYC · First Trust Exchange-Traded AlphaDE… 0.66% 194,903 NS July 31, 2026 N-PORT
JSML · Janus Detroit Street Trust 0.62% 51,174 NS July 31, 2026 N-PORT
JSMD · Janus Detroit Street Trust 0.60% 143,598 NS July 31, 2026 N-PORT
DWAS · Invesco Exchange-Traded Fund Trust … 0.54% 40,654 SH Oct. 2, 2026 Daily
IEO · iShares Trust 0.53% 71,367 SH Sept. 11, 2026 Daily
BSJS · Invesco Exchange-Traded Self-Indexe… 0.30% 2,242,000 Oct. 2, 2026 Daily
FYX · First Trust Exchange-Traded AlphaDE… 0.23% 72,654 NS July 31, 2026 N-PORT
IWO · iShares Trust 0.19% 484,271 SH Sept. 11, 2026 Daily
FENY · FIDELITY COVINGTON TRUST 0.17% 79,523 NS July 31, 2026 N-PORT
VDE · VANGUARD WORLD FUND 0.15% 470,228 SH Aug. 19, 2026 Daily
VFMO · VANGUARD WELLINGTON FUND 0.14% 80,272 SH Aug. 19, 2026 Daily
FAD · First Trust Exchange-Traded AlphaDE… 0.14% 17,655 NS July 31, 2026 N-PORT
ISCG · iShares Trust 0.14% 22,986 SH Sept. 11, 2026 Daily
BKSE · BNY Mellon ETF Trust 0.13% 2,617 NS July 31, 2026 N-PORT
IWM · iShares Trust 0.13% 1,773,554 SH Sept. 11, 2026 Daily
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.12% 19,644 NS July 31, 2026 N-PORT
VTWG · VANGUARD SCOTTSDALE FUNDS 0.11% 55,354 SH Aug. 19, 2026 Daily
RSSL · Global X Funds 0.10% 33,125 NS July 31, 2026 N-PORT
IGE · iShares Trust 0.09% 12,553 SH Sept. 11, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.08% 398,226 SH Aug. 19, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.05% 26,839 SH Oct. 2, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.04% 15,378 SH Aug. 19, 2026 Daily
WSML · iShares Trust 0.04% 4,244 SH Sept. 11, 2026 Daily
DFAS · Dimensional ETF Trust 0.03% 116,938 NS July 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.03% 739,573 SH Aug. 19, 2026 Daily
VNQI · VANGUARD INTERNATIONAL EQUITY INDEX… 0.03% 7,258,455 SH Aug. 19, 2026 Daily
OMFS · Invesco Exchange-Traded Self-Indexe… 0.02% 1,011 SH Oct. 2, 2026 Daily
TILT · FlexShares Trust 0.01% 6,320 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.01% 3,065 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.01% 4,311 NS July 31, 2026 N-PORT
IWV · iShares Trust 0.01% 18,715 SH Sept. 10, 2026 Daily
ITOT · iShares Trust 0.00% 83,119 SH Sept. 11, 2026 Daily
DFAC · Dimensional ETF Trust 0.00% 45,872 NS July 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.00% 2,629,657 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 5,863 SH Aug. 19, 2026 Daily
IWN · iShares Trust · 169,543 SH Sept. 11, 2026 Daily
ISCB · iShares Trust · 3,199 SH Sept. 11, 2026 Daily
SMMV · iShares Trust · 8,826 SH Sept. 1, 2026 Daily

CLMT Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 12 analysts BUY
Median target $47.00 -15.0%
3 25.0% Strong Buy
4 33.3% Buy
5 41.7% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

5 analysts · 2026-09-28

Mean target $53.40 -3.4%

Now Current price $55.28
Low$40.00 Mean$53.40 High$75.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
CLMT $1.72B -50.9 -1.2% -0.82% 3.9% 5.9%
DK $2.29B -78.1 -9.5% -0.21% -5.4% ·
PARR · 4.9 -6.4% 5.0% 27.8% ·
SUNC · -492.8 11.1% -0.02% · ·
WKC $1.27B -2.1 -12.4% -1.7% -37.8% 2.6%
REX $1.11B 13.5 1.2% 14.6% 16.2% 14.4%
GPRE $684M -5.4 -14.9% -5.8% -14.9% 6.6%
CLNE $461M -2.1 2.2% -52.3% -34.9% ·
GEVO $485M -14.3 849.3% -21.1% -7.2% ·
OPAL · 15.7 16.3% 10.4% -45.1% ·

Latest News Recent headlines mentioning this company

23
Why Calumet Stock Was a Major Winner on Wednesday Yahoo Finance · 2 months, 3 weeks ago Profit-Taking or Pivot? Adams Asset Advisors Sells $50M in Calumet Shares After a Nearly 200% Run Nasdaq · 5 months, 1 week ago Is Calumet, Inc. (CLMT) A Good Stock To Buy Now? Yahoo Finance · 6 months, 1 week ago

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Aug 7, 2026