Calumet Inc. (CLMT) quarterly cash flow statement — complete operating, investing & financing history
Calumet Inc. (CLMT) cash flow statement — 23-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 218.5M | 92.3M | -86.2M | 116.5M | 100.4M | 2.6M | -110.6M | -3.4M | -15.5M | 66.5M | -94M | -7.5M | 45.2M | -25.9M | -26.7M | -50.1M | 63.9M | 89.7M | -2.9M | -14.1M |
| Operating CF Margin % | 12.98% | 6.39% | -8.37% | 11.22% | 9.31% | 0.25% | -11.13% | -0.36% | -1.41% | 5.87% | -9.35% | -0.77% | 3.93% | -2.54% | -2.57% | -5.01% | 5.49% | 6.3% | -0.26% | -1.63% |
| Operating CF Growth % | 117.63% | 3450% | 22.06% | 3526.47% | 747.74% | -96.09% | -17.66% | 54.67% | -134.29% | 356.76% | -252.06% | 85.03% | -29.26% | -128.87% | -820.69% | -255.32% | 7.58% | 330% | 94.23% | -403.57% |
| Net Income | 273.3M | -95.9M | -317M | -37.3M | 313.4M | -147.9M | -162M | -40.7M | -100.6M | -38.3M | -41.6M | -46.6M | 99.8M | -22.3M | 18.2M | -75.6M | 15.2M | -15M | -93.6M | -85.4M |
| Depreciation & Amortization | 28.2M | 34.6M | 41.4M | 44.6M | 18.8M | 36.7M | 46.7M | 40.9M | 45.3M | 45.9M | 0 | 0 | 43.7M | 0 | 37.2M | 0 | 30.2M | 30.3M | 36.1M | 29M |
| Stock-Based Compensation | 35M | 44.9M | 0 | -4.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -238.9M | 143.2M | 275.8M | 62.7M | -222.3M | 117.9M | 4.4M | -13.2M | 47.9M | 7.3M | 700K | -32.5M | -119.6M | 75.8M | -43.6M | 59.4M | 65.8M | 159.8M | 15.3M | 47.5M |
| Working Capital Changes | 120.9M | -34.5M | -86.4M | 51M | -9.5M | -4.1M | 300K | 9.6M | -8.1M | 51.6M | -53.1M | 71.6M | 21.3M | -79.4M | -38.5M | -33.9M | -47.3M | -85.4M | 39.3M | -5.2M |
| Change in Receivables | -49.1M | -59.1M | -126.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | -15.4M | -55.9M | 41.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 50.5M | 44.3M | 57M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -11.8M | -39.3M | -13.7M | -11.7M | -8.4M | -13.6M | 77.8M | -25M | -16.7M | -15M | -20M | -31.5M | -32.1M | -77.8M | -130.4M | -159.9M | 2.5M | -111.6M | -67M | -48.6M |
| Capital Expenditures | -11.8M | -38.3M | -13.2M | -12.7M | -8.4M | -13.6M | -17.6M | -25M | -16.7M | -15M | -20M | -31.5M | -32.1M | -77.8M | -130.4M | -159.9M | -197.5M | -111.6M | -67.2M | -48.6M |
| CapEx % of Revenue | 0.7% | 2.65% | 1.28% | 1.22% | 0.78% | 1.32% | 1.77% | 2.63% | 1.52% | 1.32% | 1.99% | 3.22% | 2.79% | 7.64% | 12.57% | 15.99% | 16.95% | 7.84% | 6.12% | 5.61% |
| Acquisitions | 0 | 0 | 0 | 95.4M | -95.4M | 0 | 95.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200M | 0 | 0 | 100K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -1M | -500K | -93.9M | 95.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200K | -100K |
| Cash from Financing | -96.7M | -81.8M | 73.4M | -74.3M | -108M | -1.8M | 190.3M | 32M | 59.9M | -68.3M | 130.7M | 33.3M | -35.3M | 135.1M | 133.1M | 194.7M | -43.4M | -5.2M | 2.6M | 173.8M |
| Debt Issued (Net) | 0 | -88.2M | 86.4M | -95.9M | -182.4M | 372.8M | 207.1M | 50.5M | -95.6M | -61M | 203.8M | 77.6M | -35.2M | 65.6M | 125.1M | 16.1M | -297.8M | -5.6M | 11M | 172.1M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -96.7M | 6.4M | -13M | 21.6M | 74.4M | -374.6M | -16.8M | -18.5M | 155.5M | -7.3M | -73.1M | -44.3M | -100K | 69.5M | 8M | 178.6M | 254.4M | 400K | -8.4M | 1.7M |
| Net Change in Cash | 110M | -28.8M | -26.5M | 30.5M | -16M | -12.8M | 157.5M | 3.6M | 27.7M | -16.8M | 16.7M | -5.7M | -22.2M | 31.4M | -24M | -15.3M | 23M | 16.8M | -67.3M | 27.3M |
| Free Cash Flow | 206.7M | 54M | -99.4M | 103.8M | 92M | -11M | -128.2M | -28.4M | -32.2M | 51.5M | -114M | -39M | 13.1M | -103.7M | -157.1M | -210M | -133.6M | -21.9M | -70.1M | -62.7M |
| FCF Margin % | 12.28% | 3.74% | -9.65% | 9.99% | 8.53% | -1.07% | -12.9% | -2.99% | -2.93% | 4.54% | -11.33% | -3.99% | 1.14% | -10.19% | -15.15% | -21% | -11.47% | -1.54% | -6.38% | -7.24% |
| FCF Growth % | 124.67% | 590.91% | 22.46% | 465.49% | 385.71% | -121.36% | -12.46% | 27.18% | -345.8% | 149.66% | 27.43% | 81.43% | 109.81% | -373.52% | -124.11% | -234.93% | -419.62% | 55.76% | -24.07% | -454.87% |
| FCF per Share | 2.35 | 0.62 | -1.14 | 1.19 | 1.06 | -0.13 | -1.48 | -0.33 | -0.38 | 0.64 | -1.42 | -0.49 | 0.16 | -1.29 | -1.97 | -2.64 | -1.66 | -0.28 | -0.89 | -0.79 |
| FCF Conversion (FCF/Net Income) | 0.85x | -0.96x | 0.27x | -3.12x | 0.32x | -0.02x | 0.68x | 0.08x | 0.15x | -1.74x | 2.30x | 0.12x | 0.45x | 1.16x | -1.44x | 0.72x | 4.02x | -5.86x | 0.03x | 0.16x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |