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Calumet Inc. (CLMT) Stock Grade

CLMT · Energy

A+
Grade updated: July 18, 2026
Computed by the GradeMyInvestments scoring model from revenue growth, profitability, balance-sheet strength, and analyst targets.
Market Cap
$1.7B
P/E Ratio
Revenue Growth (YoY)
-1.3%
Net Margin
-0.8%
Return on Equity
4.6%
Dividend Yield
None

About Calumet Inc.'s fundamentals

Calumet Inc. is a $1.7 billion oil and gas refining company that reported a net loss in its latest annual statement, resulting in a negative net margin of -0.8%, though revenue declined only slightly at -1.3% year-over-year. Despite the accounting loss, the company generated positive free cash flow, suggesting operational cash generation despite profitability challenges. Return on equity stands at 4.6%, and the company does not currently pay a dividend. The disconnect between negative net income and positive free cash flow indicates that non-cash charges or working capital management may be offsetting operational cash generation.

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