Latest Ratios: P/E Ratio -16.3x · EV/EBITDA 16.3x · ROE -29.0%. (2000–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.3B | $803M | $496M | $1.1B | $1.3B | $2.2B | $2.1B | $2.1B | $1.4B | $2.4B | $2.6B |
| Enterprise Value | $2.1B | $1.6B | $1.4B | $1.9B | $2.2B | $3.1B | $3.4B | $3.3B | $2.7B | $3.8B | $3.9B |
| P/E Ratio → | -16.28 | — | — | 75.54 | — | — | 35.07 | 34.48 | 21.95 | 57.34 | 16.36 |
| P/S Ratio | 1.05 | 0.65 | 0.44 | 0.95 | 1.06 | 2.62 | 2.08 | 1.90 | 1.31 | 1.79 | 2.33 |
| P/B Ratio | 5.56 | 3.43 | 1.57 | 2.19 | 4.96 | 7.48 | 5.53 | 3.99 | 2.61 | 3.52 | 3.69 |
| P/FCF | 10.17 | 6.27 | — | — | 55.24 | 24.13 | 23.16 | 33.58 | 16.50 | 65.86 | — |
| P/OCF | 6.59 | 4.06 | 34.48 | 10.75 | 10.92 | 14.18 | 11.94 | 12.94 | 7.74 | 16.16 | 15.82 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.28 | 1.26 | 1.58 | 1.78 | 3.72 | 3.37 | 3.08 | 2.55 | 2.76 | 3.42 |
| EV / EBITDA | 16.26 | 12.38 | — | 10.83 | 14.01 | 18.01 | 14.07 | 12.98 | 12.70 | 13.40 | 14.70 |
| EV / EBIT | 82.61 | 107.51 | — | 22.94 | 40.00 | 39.78 | 31.62 | 31.04 | 30.01 | 24.22 | 16.83 |
| EV / FCF | — | 12.43 | — | — | 93.12 | 34.22 | 37.54 | 54.36 | 32.15 | 101.60 | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.3% | 15.3% | 17.5% | 19.3% | 16.0% | 20.3% | 21.9% | 21.4% | 17.0% | 23.9% | 26.3% |
| Operating Margin | 2.0% | 2.0% | -10.5% | 6.4% | 3.6% | 9.3% | 10.2% | 11.0% | 7.4% | 11.7% | 15.3% |
| Net Profit Margin | -6.4% | -6.4% | -18.4% | 0.9% | -1.7% | -25.6% | 6.3% | 5.6% | 6.0% | 3.1% | 14.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -29.0% | -29.0% | -49.2% | 2.7% | -7.6% | -63.7% | 14.1% | 11.5% | 10.5% | 6.0% | 24.0% |
| ROA | -5.1% | -5.1% | -11.9% | 0.6% | -1.3% | -11.0% | 2.7% | 2.5% | 2.6% | 1.7% | 8.0% |
| ROIC | 1.7% | 1.7% | -7.0% | 4.7% | 2.9% | 4.0% | 4.4% | 4.9% | 3.1% | 6.0% | 8.0% |
| ROCE | 1.9% | 1.9% | -7.9% | 5.2% | 3.2% | 4.6% | 5.0% | 5.7% | 3.6% | 7.2% | 9.8% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.62 | 3.62 | 2.95 | 1.55 | 3.57 | 3.19 | 3.46 | 2.50 | 2.53 | 1.96 | 1.85 |
| Debt / EBITDA | 6.60 | 6.60 | — | 4.58 | 5.99 | 5.42 | 5.43 | 5.03 | 6.31 | 4.84 | 5.00 |
| Net Debt / Equity | — | 3.37 | 2.89 | 1.47 | 3.40 | 3.13 | 3.43 | 2.47 | 2.48 | 1.91 | 1.74 |
| Net Debt / EBITDA | 6.13 | 6.13 | — | 4.36 | 5.70 | 5.31 | 5.39 | 4.96 | 6.18 | 4.71 | 4.71 |
| Debt / FCF | — | 6.16 | — | — | 37.88 | 10.09 | 14.38 | 20.78 | 15.65 | 35.74 | — |
| Interest Coverage | 0.22 | 0.22 | -1.71 | 1.50 | 1.00 | 1.77 | 1.71 | 1.85 | 1.79 | 2.94 | 6.79 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.15 | 2.15 | 2.71 | 2.19 | 2.45 | 2.72 | 2.55 | 2.63 | 2.55 | 2.75 | 1.92 |
| Quick Ratio | 0.98 | 0.98 | 0.80 | 0.73 | 1.11 | 1.07 | 1.54 | 1.86 | 1.60 | 1.67 | 1.17 |
| Cash Ratio | 0.22 | 0.22 | 0.09 | 0.14 | 0.20 | 0.09 | 0.04 | 0.06 | 0.10 | 0.14 | 0.21 |
| Asset Turnover | — | 0.82 | 0.68 | 0.66 | 0.75 | 0.51 | 0.44 | 0.45 | 0.46 | 0.53 | 0.46 |
| Inventory Turnover | 3.38 | 3.38 | 2.23 | 2.43 | 3.34 | 2.07 | 2.63 | 3.73 | 3.36 | 3.58 | 2.99 |
| Days Sales Outstanding | — | 52.70 | 41.19 | 39.18 | 49.01 | 57.97 | 67.23 | 75.15 | 105.36 | 92.16 | 102.92 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 2.5% | 2.2% | 1.6% | 3.3% | 4.7% | 4.7% | 6.9% | 4.0% | 3.6% |
| Payout Ratio | — | — | — | 237.1% | — | — | 157.1% | 161.3% | 150.8% | 228.3% | 57.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 1.3% | — | — | 2.9% | 2.9% | 4.6% | 1.7% | 6.1% |
| FCF Yield | 9.8% | 15.9% | — | — | 1.8% | 4.1% | 4.3% | 3.0% | 6.1% | 1.5% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 2.5% | 2.2% | 1.6% | 3.3% | 4.8% | 4.8% | 6.9% | 4.0% | 3.6% |
| Shares Outstanding | — | $42M | $41M | $41M | $34M | $34M | $34M | $34M | $34M | $34M | $34M |
Seasonal demand and logistics
According to recent financial data, CMP's forward P/E of 36.85 suggests the market is pricing in a significant recovery, yet the negative TTM P/E of -16.28 highlights the persistent difficulty in achieving consistent profitability within its core industrial minerals and plant nutrition segments.
The valuation multiples appear to reflect a high degree of uncertainty regarding the company's ability to normalize earnings after recent operational setbacks. Investors should monitor whether the premium forward multiple is justified by a structural turnaround or if it represents an overly optimistic expectation of margin expansion that the current cost structure may not support.
As reported in financial statements, the company's ROIC has struggled to maintain positive territory, oscillating from a -3.1% low in 2024Q1 to a 6.3% peak in 2026Q2, which indicates that the business is currently failing to consistently exceed its cost of capital.
The erratic trend in return on invested capital suggests that the company's heavy reliance on capital-intensive mining assets is not currently yielding sufficient returns to drive shareholder value. This volatility warrants further investigation into whether management can optimize asset utilization or if the current capital base is structurally oversized for the prevailing demand environment.
Based on reported figures, the cash conversion cycle remains highly inefficient, peaking at 218 days in 2024Q3, which underscores the significant logistical and inventory challenges inherent in managing a seasonal, high-weight, low-value product portfolio across geographically dispersed mining and distribution sites.
The extended duration of the cash conversion cycle suggests that capital is frequently trapped in inventory, limiting the company's ability to respond to short-term liquidity needs. Analysts should scrutinize whether the recent compression in the cycle is a sustainable improvement in supply chain management or merely a temporary byproduct of inventory liquidation.
Data from recent balance sheets reveals extreme fluctuations in the debt-to-equity ratio, which dropped from 3.70 in 2025Q1 to 0.04 in 2026Q2, a shift that warrants immediate investigation into whether this reflects genuine deleveraging or a significant change in the company's underlying capital structure.
The dramatic reduction in reported leverage appears inconsistent with the company's historical capital-intensive profile, suggesting that investors should be cautious about relying on current ratios as a measure of long-term solvency. The instability in interest coverage ratios further implies that debt service remains a sensitive point that could be easily compromised by any further deterioration in operating margins.
The P/E ratio is frequently misapplied to this business model, as it obscures the massive impact of weather-driven seasonal earnings volatility and non-recurring impairments that often distort the bottom line for a capital-intensive industrial minerals operator like Compass Minerals.
Instead of relying on P/E, analysts should prioritize EV/EBITDA and P/FCF to better capture the underlying cash-generating capacity of the mining assets, which are less affected by accounting noise. Focusing on earnings multiples in a business where depreciation and seasonal inventory swings are dominant factors may lead to a fundamental misunderstanding of the company's true economic health.
Includes 30+ ratios · 26 years · Updated daily
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Quick answers to the most common questions about buying CMP stock.
Compass Minerals International, Inc.'s current P/E ratio is -16.3x. The historical average is 24.8x.
Compass Minerals International, Inc.'s current EV/EBITDA is 16.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.3x.
Compass Minerals International, Inc.'s return on equity (ROE) is -29.0%. The historical average is 5.8%.
Based on historical data, Compass Minerals International, Inc. is trading at a P/E of -16.3x. Compare with industry peers and growth rates for a complete picture.
Compass Minerals International, Inc. has 15.3% gross margin and 2.0% operating margin.
Compass Minerals International, Inc.'s Debt/EBITDA ratio is 6.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.