# Calumet Inc. (CLMT) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Energy / Oil, Gas & Consumable Fuels. Price $53.13, market value $4.7 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Calumet Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 0.99**. A PEG of 0.99 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.0×**. Each dollar of revenue is priced at 1.0×.
- **EV / EBITDA: 39.2×**. Enterprise value is 39.2× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 1.6%** (5-yr avg -14.0%). Free cash flow equals 1.6% of the market value, above its five-year average of -14.0%, so the shares are cheaper on cash than they have usually been.

## Profitability
- **Gross margin: 6.6%**. Calumet Inc. keeps 6.6% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 1.0%**. 1.0% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: -0.8%**. The company reported a net loss over the last twelve months.
- **Return on equity: 4.6%**. 4.6% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 3.1%**. Return on all capital, debt included, is 3.1%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -5.1%**. Each dollar of assets produces -5.1% of profit.

## Growth
- **Revenue growth (1 yr): -1.2%** (3-yr -4.1%/yr). Revenue fell 1.2% over the last year.
- **EPS growth (1 yr): 85.4%**. Earnings per share rose 85.4%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Net debt / EBITDA: 11.6×**. It would take 11.6 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 2.17**. A Z-score of 2.17 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Calumet Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (5 analysts). 5 analysts cover Calumet Inc.; the consensus is buy, with an average price target of $47.40 (-11% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 211.8%** (YTD 167.4%, 3-mo 51.1%). The shares are up 211.8% over twelve months including dividends.
- **From 52-week high: -2.9%** (211.1% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 67**. An RSI of 67 is neutral.
- **Beta (1 yr): -0.06** (volatility 44%). Beta of -0.06 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CLMT · Page: https://foliofundamentals.com/stocks/clmt

Not investment advice.