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IPIIntrepid Potash, Inc.
$36.72$493M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
IPI logo

Intrepid Potash, Inc.

IPI
NYSE · Agricultural Inputs
$36.72
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$493M
P/E43.2x
52W High$50.34
Volume89.29K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Cyclical Margin Expansion Masks Structural Profitability Weakness

Intrepid Potash's recent financial recovery, marked by a swing to a $15.6M net profit in 2026Q2 and a surge in cash reserves to $185.0M, appears driven by favorable commodity pricing rather than sustainable operational improvements. The company's core challeng...

GrowthMixed
ProfitabilityStrained
ValuationExpensive
TechnicalsMixed
Explore valuation models
MARKET ACTION

IPI price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

4/12 Beats

EPS beat 4 of last 12 quarters

02

Valuation risk

+89% Peers

P/E is 89% above peer median

03

Market leadership

RS 59 · Avg

Average momentum (RS Rating: 59)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Nov 4

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
IPI+30.12%
S&P 500 (^GSPC)+12.39%
1-Year Return
IPI+27.81%
S&P 500 (^GSPC)+15.77%
3-Year Return
IPI+48.24%
S&P 500 (^GSPC)+71.77%
5-Year Return
IPI+18.99%
S&P 500 (^GSPC)+62.17%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
43.2x
Forward P/EExpansion
17.4x
EV/EBITDA50th %ile
7.1x
FCF YieldCash Flow
5.2%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
43.2x
5.4x
100th· High
EV/EBITDA
7.1x
7.9x
50th· Fair
Price/FCF
19.3x
14.3x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$298M+17.1% YoY
Net income
$11M+105.3% YoY
Free cash flow
$26M-24.0% YoY
Operating margin
5.2%+13.0 pts YoY
ROIC (TTM)2.7%
Avg ROIC 5Y-
ROE (TTM)2.3%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate4/12 (36%)
Revenue Beat Rate8/12 (73%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 4, 2026
$0.56-28.1%
vs $0.78
$67M+2.8%
vs $65M
Q2 2026
May 6, 2026
$0.62+29.2%
vs $0.48
$99M+11.8%
vs $88M
Q2 2026
Mar 4, 2026
$0.49+88.5%
vs $0.26
$76M+16.3%
vs $65M
Q4 2025
Nov 5, 2025
$0.11-15.4%
vs $0.13
$53M-18.4%
vs $65M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Proactive Investors·2d ago
Potash producers slide after Trump touts Belarus purchase deal

Shares of major fertilizer producers fell Monday after President Trump said the United States was nearing a deal to purchase potash from Belarus. Nutrien (NYSE:NTR) shares slid over 4% to $73.97, Mosaic Co (NYSE:MOS) fell over 2% to $23.77, Intrepid Potash (NYSE:IPI) dropped over 2% to $36.70, and CF Industries (CF Industries Holdings Inc (NYSE:CF)) slid roughly 3%.

Zacks Investment Research·2d ago
Has Intrepid Potash (IPI) Outpaced Other Basic Materials Stocks This Year?

Here is how Intrepid Potash (IPI) and Kronos Worldwide (KRO) have performed compared to their sector so far this year.

GuruFocus·6d ago
Intrepid Potash Inc (IPI) Shares Surge 3.4% -- What GF Score of 69 Tells Investors

On September 17, 2026, Intrepid Potash Inc (IPI) shares rose by 3.4% to a current price of $39.47. The stock has seen a 52-week range between $22.55 and $50.34,

Zacks Investment Research·Sep 3, 2026
Are Basic Materials Stocks Lagging Intrepid Potash (IPI) This Year?

Here is how Intrepid Potash (IPI) and Kronos Worldwide (KRO) have performed compared to their sector so far this year.

Filtered for Intrepid Potash, Inc.More Headlines
04

Compare before deciding

Benchmark IPI against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Intrepid Potash, Inc. (IPI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
IPI logoIPIIntrepid Potash, Inc.Current
$36.72$493.26M43.2017.13%3.75%2.32%—
MOS logoMOSThe Mosaic Company
$24.37$7.75B14.348.36%0.36%0.35%—
NTR logoNTRNutrien Ltd.
$75.13$36.06B15.853.52%8.44%9.36%—
CF logoCFCF Industries Holdings, Inc.
$120.67$18.54B13.4519.34%27.12%25.72%—
SMG logoSMGThe Scotts Miracle-Gro Company
$52.83$3.07B21.39-3.93%2.19%——
AVD logoAVDAmerican Vanguard Corporation
$2.03$58.07M-1.16-5.88%-10.7%-27.84%—

Compare IPI vs Peers

Intrepid Potash, Inc. (IPI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MOS

Most directly comparable listed peer for IPI.

Scale Benchmark

vs DE

Larger-name benchmark to compare IPI against a more recognizable public peer.

Peer Set

Compare Top 5

vs MOS, NTR, CF, SMG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

IPI SEC Filings & Documents

Intrepid Potash, Inc. (IPI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 4, 2026·SEC

Material company update

Jun 15, 2026·SEC

Material company update

May 6, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 5, 2026·SEC

FY 2025

Mar 4, 2025·SEC

FY 2024

Mar 7, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 5, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 6, 2025·SEC

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IPI Frequently Asked Questions

Intrepid Potash, Inc. (IPI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Intrepid Potash, Inc.'s revenue?

Intrepid Potash, Inc. (IPI) reported $294.5M in revenue for fiscal year 2025. This represents a 93% increase from $152.7M in 2006.

How fast is Intrepid Potash, Inc. growing?

Intrepid Potash, Inc. (IPI) grew revenue by 17.1% over the past year. This is strong growth.

Is IPI profitable?

Yes, Intrepid Potash, Inc. (IPI) is profitable, generating $26.3M in net income for fiscal year 2025 (3.7% net margin).

Dividend & Returns
What is IPI's return on equity?

Intrepid Potash, Inc. (IPI) has a return on equity (ROE) of 2.3%. This is below average, suggesting room for improvement.

What is Intrepid Potash, Inc.'s free cash flow?

Intrepid Potash, Inc. (IPI) generated $31.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in IPI back in 2006?

Total return calculator · dividends reinvested · 20+ years of data

See returns →