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CLMT

Calumet Inc.

CLMT

NASDAQ·Basic Materials·Chemicals - Specialty·Mkt cap $4.6B

$53.13

-0.69%

P/E

-34.28

Mkt Cap

$4.6B

52-Wk Range

$17.08–$54.70

52-Week Range

$17.08 - $54.70

P/E

-34.28

Fwd P/E

-22.50

Beta

0.72

Div Yield

0.00%

Avg Vol

1.1M

Shares Out

86.8M

Mkt Cap

$4.6B

Price action

Price chart

Up 207.6% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Diversified product portfolio across specialty chemicals and renewable energy reduces market concentration risk
  • Established brand recognition through Royal Purple, Bel-Ray, and TruFuel with loyal customer bases
  • Integrated renewable and conventional fuel production capabilities position company for energy transition
  • Over 100 years of operational history and expertise in specialty formulations and processing

Bear Case

1 risk

  • Low volatility (beta 0.7).

Growth

Stable outlook

Increasing demand for renewable fuels and sustainable energy solutions globally

Value

Deep value opportunity - significant discount to Oil & Gas E&P peers

Momentum

Hot

+49.7% over 3m

Quality

Thin

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 6, 2026

Q3 26 RECAP

AUG 7, 2026

Reported EPS of -$1.09 vs $0.07 consensus (-1717.0% surprise). Revenue of $1.4B vs $1.1B expected (+29.3%).

EPS miss
Rev beat +29.3%

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-1717.0%

Revenue trend · last 8Q

-1%

-9%

-2%

-426%

+4%

+41%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$1.1B

$949.5M

$993.9M

$1.0B

$1.1B

$1.0B

$1.0B

$1.4B

Margins · last 8Q

Gross

1.3%

Operating

-2.4%

Profit

-6.6%

Wall Street consensus

5 analysts · 40% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

40%

Hold

3

60%

Sell

0%

Median Price Target

Latest: HC Wainwright · Sep 2, 2026

vs Industry

How CLMT stacks vs Chemicals - Specialty

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.