Calumet Specialty Products Partners, L.P. (CLMT)

CLMT Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	4,150	4,181	4,686	3,148	2,268	3,453
Revenue Growth (YoY)	-10.29%	-10.78%	48.87%	38.79%	-34.30%	-1.28%
Cost of Revenue	3,716	3,729	4,335	3,005	2,169	3,001
Gross Profit	433.5	451.7	351.7	142.9	99.1	451.7
Selling, General & Admin	174.4	187.9	197.3	203.9	138.9	189.8
Other Operating Expenses	-1.2	-3.4	22.5	24.6	32.1	185.6
Operating Expenses	173.2	184.5	219.8	228.5	171	375.4
Operating Income	260.3	267.2	131.9	-85.6	-71.9	76.3
Interest Expense / Income	233.3	221.7	175.9	149.5	125.9	134.6
Other Expense / Income	47.9	-4.2	125.9	23.5	-49.9	-15.2
Pretax Income	-20.9	49.7	-169.9	-258.6	-147.9	-43.1
Income Tax	1.3	1.6	3.4	1.5	1.1	0.5
Net Income	-22.2	48.1	-173.3	-260.1	-149	-43.6
Preferred Dividends	-0.4	1	-3.5	-5.2	-3	-0.9
Net Income Common	-21.8	47.1	-169.8	-254.9	-146	-42.7
Shares Outstanding (Basic)	80	80	79	79	78	78
Shares Outstanding (Diluted)	80	80	79	79	78	78
Shares Change	0.52%	0.93%	0.45%	0.78%	0.20%	0.34%
EPS (Basic)	-0.27	0.59	-2.14	-3.23	-1.86	-0.55
EPS (Diluted)	-0.27	0.59	-2.14	-3.23	-1.86	-0.55
Free Cash Flow	-243.6	-286.7	-435.4	-126.8	18.9	140.7
Free Cash Flow Per Share	-3.03	-3.58	-5.49	-1.60	0.24	1.80
Gross Margin	10.45%	10.80%	7.50%	4.54%	4.37%	13.08%
Operating Margin	6.27%	6.39%	2.81%	-2.72%	-3.17%	2.21%
Profit Margin	-0.53%	1.13%	-3.62%	-8.10%	-6.44%	-1.24%
Free Cash Flow Margin	-5.87%	-6.86%	-9.29%	-4.03%	0.83%	4.08%
Effective Tax Rate	-	3.22%	-	-	-	-
EBITDA	359.2	418.2	104.3	-1.4	83.1	201.6
EBITDA Margin	8.66%	10.00%	2.23%	-0.04%	3.66%	5.84%
Depreciation & Amortization	146.8	146.8	98.3	107.7	105.1	110.1
EBIT	212.4	271.4	6	-109.1	-22	91.5
EBIT Margin	5.12%	6.49%	0.13%	-3.47%	-0.97%	2.65%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).