Intrepid Potash, Inc. (IPI) Financial Ratios
20 years of historical data (2006–2025) · Basic Materials · Agricultural Inputs
EV/EBITDA
↓
6.53
↓-11% vs avg
5yr avg: 7.33
30Y Low2.8·High30.1
P/FCF
↑
18.14
↑+40% vs avg
5yr avg: 12.91
30Y Low7.2·High148.5
P/B Ratio
↓
0.92
↑+45% vs avg
5yr avg: 0.64
30Y Low0.4·High3.7
ROE
↓
2.3%
↑-34% vs avg
5yr avg: 3.5%
30Y Low-76%·High285%
Debt/EBITDA
↑
0.06
↓-34% vs avg
5yr avg: 0.08
30Y Low0.0·High4.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
IPI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Intrepid Potash, Inc. trades at 40.6x earnings, 202% above its 5-year average of 13.4x, sitting at the 75th percentile of its historical range. Compared to the Basic Materials sector median P/E of 23.6x, the stock trades at a premium of 72%. On a free-cash-flow basis, the stock trades at 18.1x P/FCF, 40% above the 5-year average of 12.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $463M | $365M | $282M | $305M | $388M | $572M | $314M | $355M | $341M | $551M | $158M |
| Enterprise Value | $383M | $285M | $245M | $307M | $372M | $538M | $351M | $391M | $357M | $613M | $287M |
| P/E Ratio → | 40.58 | 32.62 | — | — | 5.38 | 2.29 | — | 26.06 | 28.89 | — | — |
| P/S Ratio | 1.55 | 1.22 | 1.11 | 1.09 | 1.15 | 2.12 | 1.59 | 1.61 | 1.64 | 3.49 | 0.75 |
| P/B Ratio | 0.92 | 0.74 | 0.60 | 0.45 | 0.54 | 0.86 | 0.76 | 0.82 | 0.82 | 1.37 | 0.43 |
| P/FCF | 18.14 | 14.30 | 8.41 | — | 19.30 | 9.65 | 21.34 | — | 7.19 | 148.46 | — |
| P/OCF | 8.31 | 6.55 | 3.89 | 7.05 | 4.37 | 7.24 | 10.08 | 7.19 | 5.30 | 31.99 | — |
P/E links to full P/E history page with 30-year chart
IPI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Intrepid Potash, Inc.'s enterprise value stands at 6.5x EBITDA, 11% below its 5-year average of 7.3x. The Basic Materials sector median is 11.0x, placing the stock at a 41% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.96 | 0.96 | 1.10 | 1.10 | 1.99 | 1.78 | 1.77 | 1.71 | 3.89 | 1.36 |
| EV / EBITDA | 6.53 | 4.86 | 13.76 | — | 2.81 | 7.88 | 27.29 | 7.44 | 7.23 | 30.11 | — |
| EV / EBIT | 24.70 | 18.38 | — | — | 3.85 | 12.94 | — | 23.36 | 24.43 | — | — |
| EV / FCF | — | 11.16 | 7.30 | — | 18.49 | 9.07 | 23.88 | — | 7.54 | 165.24 | — |
IPI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Intrepid Potash, Inc. earns an operating margin of 5.2%, below the Basic Materials sector average of 10.3%. Operating margins have expanded from -15.8% to 5.2% over the past 3 years, signaling improving operational efficiency. ROE of 2.3% is modest. ROIC of 2.7% represents below-average returns on invested capital.
Margins
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 | 17.5% | 17.5% | 11.4% | 13.2% | 41.9% | 20.6% | 5.3% | 19.8% | 18.4% | 3.7% | -13.9% |
| Operating Margin | 5.2% | 5.2% | -7.8% | -15.8% | 28.3% | 11.9% | -11.8% | 7.4% | 7.4% | -9.1% | -27.4% |
| Net Profit Margin | 3.7% | 3.7% | -83.6% | -12.8% | 21.4% | 92.4% | -13.8% | 6.2% | 5.7% | -14.5% | -31.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.3% | 2.3% | -36.7% | -5.1% | 10.5% | 46.5% | -6.4% | 3.2% | 2.9% | -6.0% | -16.9% |
| ROA | 1.8% | 1.8% | -31.2% | -4.6% | 9.3% | 37.9% | -4.8% | 2.5% | 2.3% | -4.4% | -11.3% |
| ROIC | 2.7% | 2.7% | -2.7% | -4.8% | 10.8% | 4.5% | -3.8% | 2.7% | 2.6% | -2.3% | -8.2% |
| ROCE | 2.7% | 2.7% | -3.1% | -6.0% | 13.3% | 5.5% | -4.8% | 3.3% | 3.2% | -2.9% | -10.3% |
IPI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Intrepid Potash, Inc. carries a Debt/EBITDA ratio of 0.1x, which is very conservative (98% below the sector average of 2.4x). The company holds a net cash position — cash of $84M exceeds total debt of $3M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.14 | 0.13 | 0.12 | 0.16 | 0.37 |
| Debt / EBITDA | 0.06 | 0.06 | 0.24 | — | 0.02 | 0.03 | 4.42 | 1.07 | 1.01 | 3.11 | — |
| Net Debt / Equity | — | -0.16 | -0.08 | 0.00 | -0.02 | -0.05 | 0.09 | 0.08 | 0.04 | 0.15 | 0.35 |
| Net Debt / EBITDA | -1.37 | -1.37 | -2.08 | — | -0.12 | -0.51 | 2.90 | 0.67 | 0.33 | 3.06 | — |
| Debt / FCF | — | -3.14 | -1.10 | — | -0.81 | -0.58 | 2.54 | — | 0.35 | 16.78 | — |
| Interest Coverage | — | — | -169.02 | — | 956.53 | 28.30 | -5.88 | 5.51 | 3.79 | -1.58 | -4.85 |
Net cash position: cash ($84M) exceeds total debt ($3M)
IPI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Intrepid Potash, Inc.'s current ratio of 4.38x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.29x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 3.27x to 4.38x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.38 | 4.38 | 4.84 | 3.27 | 3.51 | 2.14 | 2.02 | 1.66 | 4.18 | 2.99 | 5.13 |
| Quick Ratio | 2.29 | 2.29 | 1.86 | 0.81 | 1.16 | 1.06 | 0.70 | 0.58 | 1.82 | 0.77 | 1.22 |
| Cash Ratio | 1.56 | 1.56 | 1.11 | 0.15 | 0.50 | 0.50 | 0.29 | 0.24 | 0.96 | 0.03 | 0.19 |
| Asset Turnover | — | 0.47 | 0.43 | 0.36 | 0.43 | 0.35 | 0.36 | 0.38 | 0.40 | 0.31 | 0.39 |
| Inventory Turnover | 2.19 | 2.19 | 2.00 | 2.12 | 1.71 | 2.72 | 2.10 | 1.87 | 2.07 | 1.83 | 2.55 |
| Days Sales Outstanding | — | 41.52 | 33.29 | 30.80 | 29.76 | 49.14 | 45.17 | 41.46 | 45.14 | 41.17 | 34.65 |
IPI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Intrepid Potash, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 2.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
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 | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.5% | 3.1% | — | — | 18.6% | 43.7% | — | 3.8% | 3.5% | — | — |
| FCF Yield | 5.5% | 7.0% | 11.9% | — | 5.2% | 10.4% | 4.7% | — | 13.9% | 0.7% | — |
| Buyback Yield | 0.0% | 0.0% | 0.3% | 0.0% | 5.7% | 0.0% | 0.0% | 0.0% | 0.3% | 0.0% | 0.1% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.3% | 0.0% | 5.7% | 0.0% | 0.0% | 0.0% | 0.3% | 0.0% | 0.1% |
| Shares Outstanding | — | $13M | $13M | $13M | $13M | $13M | $13M | $13M | $13M | $12M | $8M |
Peer Comparison
Compare IPI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 IPIYou | $463M | 40.6 | 6.5 | 18.1 | 17.5% | 5.2% | 2.3% | 2.7% | 0.1 |
 MOS | $7B | 13.5 | 5.5 | — | 15.1% | 8.7% | 4.5% | 4.8% | 2.4 |
 NTR | $30B | 13.3 | 6.7 | 14.8 | 31.0% | 14.5% | 9.3% | 8.0% | 2.0 |
 CF | $16B | 11.5 | 5.4 | 8.8 | 38.5% | 33.4% | 18.9% | 18.7% | 1.2 |
 SMG | $4B | 26.2 | 14.1 | 13.7 | 30.6% | 10.5% | — | 13.3% | 5.5 |
 AVD | $76M | -1.5 | 7.8 | — | 28.6% | 2.7% | -23.4% | 2.7% | 5.9 |
 UAMY | $1B | -223.0 | — | — | -4.3% | -22.6% | -5.1% | -10.8% | — |
 COMP | $6B | -100.1 | 76.0 | 29.9 | 10.6% | -0.4% | -9.8% | -2.5% | 5.4 |
 DE | $159B | 31.9 | 20.2 | 49.2 | 36.5% | 18.8% | 20.5% | 7.8% | 6.0 |
 AGCO | $8B | 11.7 | 9.8 | 11.1 | 24.8% | 6.9% | 16.9% | 8.3% | 2.6 |
 ADM | $36B | 33.7 | 16.7 | 8.6 | 6.3% | 1.8% | 4.7% | 3.3% | 3.2 |
| Basic Materials Median | — | 23.6 | 11.0 | 29.0 | 30.9% | 10.3% | -0.0% | 4.6% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 20 years · Updated daily
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IPI — Frequently Asked Questions
Quick answers to the most common questions about buying IPI stock.
What is Intrepid Potash, Inc.'s P/E ratio?
Intrepid Potash, Inc.'s current P/E ratio is 40.6x. The historical average is 33.8x. This places it at the 75th percentile of its historical range.
What is Intrepid Potash, Inc.'s EV/EBITDA?
Intrepid Potash, Inc.'s current EV/EBITDA is 6.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.1x.
What is Intrepid Potash, Inc.'s ROE?
Intrepid Potash, Inc.'s return on equity (ROE) is 2.3%. The historical average is 14.4%.
Is IPI stock overvalued?
Based on historical data, Intrepid Potash, Inc. is trading at a P/E of 40.6x. This is at the 75th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Intrepid Potash, Inc.'s profit margins?
Intrepid Potash, Inc. has 17.5% gross margin and 5.2% operating margin.
How much debt does Intrepid Potash, Inc. have?
Intrepid Potash, Inc.'s Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.