CLMT Q2 2023 Earnings — Calumet, Inc. Revenue & Financial Results | Market Cap Arena

CLMTCalumet, Inc.

$3B

Q2 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.0B-28.5% YoY

Gross Profit

$72M7.0% margin

Operating Income

$25M2.5% margin

Net Income

-$22M-2.2% margin

EPS (Diluted)

$-0.27

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

-$26M

Free Cash Flow

-$104M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$3.1B

Stockholders' Equity

-$549M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$1.4B	-28.5%
Gross Profit	$72M	$144M	-50.3%
Operating Income	$25M	$96M	-73.8%
Net Income	-$22M	-$15M	-45.8%

Revenue Segments

Specialty Products and Solutions

$689M67%

Montana/Renewables

$248M24%

Performance Brands

$86M8%