CLMT Q3 2023 Earnings — Calumet, Inc. Revenue & Financial Results | Market Cap Arena

CLMTCalumet, Inc.

$3B

Q3 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.1B-1.3% YoY

Gross Profit

$262M22.8% margin

Operating Income

$213M18.5% margin

Net Income

$100M8.7% margin

EPS (Diluted)

$1.24

QoQ Revenue Growth

+12.9%

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

$13M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$3.0B

Stockholders' Equity

-$450M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.2B	-1.3%
Gross Profit	$262M	$139M	+87.7%
Operating Income	$213M	$82M	+160.1%
Net Income	$100M	$16M	+527.7%

Revenue Segments

Specialty Products and Solutions

$748M65%

Montana/Renewables

$329M29%

Performance Brands

$75M7%