Calumet, Inc. (CLMT)

Calumet Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,178	4,189	4,181	4,686	3,148	2,268
Revenue Growth (YoY)	0.68%	0.20%	-10.78%	48.87%	38.79%	-34.30%
Cost of Revenue	4,048	3,900	3,646	4,302	3,050	2,145
Gross Profit	129.2	289.1	535.5	384.1	98.2	123.1
Selling, General & Admin	188.6	201.2	187.9	197.3	203.9	138.9
Other Operating Expenses	0.4	10.2	-16.8	103.5	43.8	-27.1
Operating Expenses	189	211.4	171.1	300.8	247.7	116.9
Operating Income	-59.8	77.7	364.4	83.3	-149.5	6.2
Interest Expense	-234.4	-236.7	-221.7	-175.9	-149.5	-125.9
Other Non Operating Income (Expenses)	-1.3	-1.5	0.2	-2.8	0.3	-2.5
EBT Excluding Unusual Items	-295.5	-160.5	142.9	-95.4	-298.7	-122.2
Gain (Loss) on Sale of Assets	62.2	-	-	-	-	-
Asset Writedown	-9	-9	-36.7	-20.1	40.6	-25.7
Other Unusual Items	-99.1	-51.7	-56.5	-54.4	-0.5	-
Pretax Income	-341.4	-221.2	49.7	-169.9	-258.6	-147.9
Income Tax Expense	1	0.8	1.6	3.4	1.5	1.1
Earnings From Continuing Operations	-342.4	-222	48.1	-173.3	-260.1	-149
Net Income to Company	-342.4	-222	48.1	-173.3	-260.1	-149
Minority Interest in Earnings	-0.8	-	-1	3.5	5.2	3
Net Income	-343.2	-222	47.1	-169.8	-254.9	-146
Net Income to Common	-343.2	-222	47.1	-169.8	-254.9	-146
Shares Outstanding (Basic)	85	83	80	79	79	78
Shares Outstanding (Diluted)	85	83	80	79	79	78
Shares Change (YoY)	5.56%	3.84%	0.93%	0.45%	0.78%	0.20%
EPS (Basic)	-4.05	-2.67	0.59	-2.14	-3.23	-1.86
EPS (Diluted)	-4.05	-2.67	0.59	-2.14	-3.23	-1.86
Free Cash Flow	-137.3	-123.1	-286.7	-435.6	-126.9	18.8
Free Cash Flow Per Share	-1.62	-1.48	-3.58	-5.49	-1.61	0.24
Gross Margin	3.09%	6.90%	12.81%	8.20%	3.12%	5.43%
Operating Margin	-1.43%	1.85%	8.72%	1.78%	-4.75%	0.27%
Profit Margin	-8.21%	-5.30%	1.13%	-3.62%	-8.10%	-6.44%
Free Cash Flow Margin	-3.29%	-2.94%	-6.86%	-9.29%	-4.03%	0.83%
EBITDA	89.9	226.1	510.5	176.2	-49.6	103.9
EBITDA Margin	2.15%	5.40%	12.21%	3.76%	-1.58%	4.58%
D&A For EBITDA	149.7	148.4	146.1	92.9	99.9	97.7
EBIT	-59.8	77.7	364.4	83.3	-149.5	6.2
EBIT Margin	-1.43%	1.85%	8.72%	1.78%	-4.75%	0.27%
Effective Tax Rate	-	-	3.22%	-	-	-
Advertising Expenses	-	10.7	10.6	9.1	7.4	4.3

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q