US · CLMT
Calumet, Inc.
- Sector
- Energy · Oil & Gas Exploration & Production
- Headquarters
- Indianapolis, IN 46214
- Website
- calumet.com
Price · as of 2025-12-31
$33.68
Market cap 2.34B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $41.53 | +23.31% |
| Intrinsic Value(DCF) | $10.96 | -67.46% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $16.91 | $7.25 | $610.00 | $0.00 | $99.53 |
| 2012 | $29.50 | $26.28 | $7,319.59 | $0.00 | $201.07 |
| 2013 | $20.48 | $11.00 | $4,436.43 | $0.00 | $1.16 |
| 2014 | $22.13 | $48.07 | $994.49 | $0.00 | $0.00 |
| 2015 | $11.92 | $5.18 | $0.00 | $0.00 | $33.29 |
| 2016 | $3.65 | $6.80 | $0.00 | $0.00 | $24.89 |
| 2017 | $7.70 | $135.98 | $0.00 | $0.00 | $0.00 |
| 2018 | $3.87 | $70.64 | $0.00 | $0.00 | $0.00 |
| 2019 | $2.84 | $9.43 | $0.00 | $0.00 | $0.00 |
| 2020 | $4.96 | $23.71 | $0.00 | $0.00 | $47.10 |
| 2021 | $15.15 | $24.20 | $0.00 | $0.00 | $0.00 |
| 2022 | $18.12 | $43.35 | $220.17 | $0.00 | $0.00 |
| 2023 | $15.19 | $23.75 | $270.02 | $0.00 | $0.00 |
| 2024 | $11.97 | $4.79 | $87.56 | $0.00 | $0.00 |
| 2025 | $27.41 | $41.53 | $0.00 | $0.00 | $0.00 |
AI valuation
Our deep-learning model estimates Calumet, Inc.'s (CLMT) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $41.53
- Current price
- $33.68
- AI upside
- +23.31%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$10.96
-67.46% upside
Graham-Dodd
—
— upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| CLMT | Calumet, Inc. | $33.68 | 2.34B | +23% | -67% | — | — | -70.36 | -3.25 | 0.57 | 12.98 | — | -2.70 | 5.94% | 1.31% | -0.82% | 4.68% | 3.78% | -1.24% | -0.52 | 0.25 | 1.02 | 0.15 | 1.26 | -8539.00% | -125.00% | -14598.00% | 2.38% | 0.13 | 9.88% | 0.00% | 0.00% | 87.40% | 48.61 | 46.55 | 0.64 | 1.24 |
| BKV | BKV Corporation | $31.33 | 3.2B | +2% | +39% | 0% | +226% | 16.63 | 1.41 | 3.21 | 7.69 | — | 1.43 | 31.68% | 17.79% | 19.33% | 9.62% | 6.57% | 6.46% | 0.24 | 3.72 | 1.78 | 1.43 | 0.70 | -19653.00% | 4816.00% | -42606.00% | -2.00% | 1.11 | -2.85% | 0.00% | 0.00% | 0.00% | 19.87 | -55.11 | 3.54 | 2.27 |
| BTE | Baytex Energy Corp. | $3.84 | 2.95B | +309% | +291% | -1% | +72% | 9.50 | 0.54 | 0.53 | 2.30 | — | 0.54 | 24.35% | 18.30% | 5.62% | 5.92% | 7.72% | 3.11% | 0.55 | 3.74 | 0.78 | 0.70 | 1.15 | -19091.00% | 2443.00% | 14783.00% | 26.43% | 3.33 | 9.39% | 3.20% | 30.40% | 18.41% | 5.86 | 7.60 | 1.07 | 0.61 |
| EFXT | Enerflex Ltd. | $22.40 | 2.75B | +23% | +939% | -74% | +27% | 44.86 | 2.68 | 1.12 | 11.68 | 24.82 | 4.62 | 21.70% | 12.06% | 2.49% | 7.02% | 10.76% | 2.76% | 0.07 | 3.78 | 1.13 | 0.75 | -0.04 | 18077.00% | 4870.00% | 494.00% | 8.01% | 0.40 | 19.95% | 0.59% | 26.60% | 17.99% | 9.23 | 12.44 | 1.11 | 2.57 |
| GEL | Genesis Energy, L.P. | $18.06 | 2.21B | +15% | -60% | — | -87% | -133.43 | 9.33 | 1.36 | 10.74 | — | -15.95 | 21.13% | 15.84% | -0.50% | -2.48% | 5.77% | -0.28% | 12.79 | 0.98 | 0.98 | 0.88 | 6.20 | -4113.00% | -4503.00% | -14525.00% | 3.97% | 0.39 | 2.03% | 6.86% | -914.90% | 77.23% | 20.38 | 59.58 | 3.23 | 0.83 |
| GLP | Global Partners LP | $46.98 | 1.59B | -27% | -58% | -61% | -28% | 16.85 | 2.44 | 0.09 | 13.79 | — | 6.87 | 5.72% | 1.03% | 0.39% | 14.11% | 7.55% | 2.57% | 2.40 | 1.39 | 1.14 | 0.50 | 6.80 | -1245.00% | 814.00% | -16742.00% | 11.71% | 0.26 | 7.71% | 0.00% | 0.00% | 24.98% | 17.03 | 16.84 | 0.18 | 5.34 |
| NEXT | NextDecade Corporation | $5.39 | 1.43B | — | — | — | — | 6.55 | 4.81 | — | 15.44 | — | 4.81 | 0.00% | — | — | 83.37% | -5.25% | 5.70% | 10.77 | -1.95 | 0.69 | 0.25 | 10.55 | -7447.00% | — | 4705.00% | -146.54% | -0.16 | -81.80% | 0.00% | 0.00% | 0.37% | -33.53 | -2.15 | — | 0.01 |
| NOG | Northern Oil and Gas, Inc… | $27.59 | 2.69B | +140% | -9% | — | -93% | 70.41 | 1.28 | 1.30 | 2.59 | — | 1.28 | 32.23% | 29.30% | 1.85% | 1.74% | 11.17% | 0.70% | 0.00 | 3.56 | 1.09 | 0.68 | -0.01 | -9241.00% | -318.00% | -63156.00% | 55.16% | 2.79 | 44.32% | 6.35% | 447.40% | 95.46% | 4.42 | 1.80 | 1.30 | 1.40 |
| TALO | Talos Energy Inc. | $12.25 | 2.08B | +304% | -51% | — | -71% | -4.56 | 1.04 | 1.27 | 4.24 | -0.82 | 1.04 | 2.89% | -5.94% | -27.88% | -20.10% | -2.50% | -8.44% | 0.57 | -0.65 | 1.30 | 1.06 | 1.19 | 55581.00% | -980.00% | -5284.00% | 20.09% | 1.45 | 13.08% | 0.00% | 0.00% | 16.51% | -29.66 | 6.91 | 1.76 | 0.47 |
| WKC | World Kinect Corporation | $24.95 | 1.39B | +66% | -60% | — | +76% | -2.24 | 1.05 | 0.04 | -3.52 | — | 5.48 | 1.45% | 0.69% | -1.66% | -37.67% | 9.49% | -9.71% | 0.54 | 2.32 | 1.06 | 0.73 | -0.95 | -107611.00% | -1269.00% | 1857.00% | 16.60% | 0.09 | 10.27% | 3.02% | -6.80% | 21.68% | 7.37 | 8.24 | 0.05 | 6.97 |
| XPRO | Expro Group Holdings N.V. | $17.86 | 2.03B | +52% | -61% | -38% | -94% | 38.82 | 1.31 | 1.25 | 6.95 | — | 2.15 | 12.77% | 7.21% | 3.22% | 3.42% | 4.52% | 2.17% | 0.15 | 8.11 | 2.16 | 1.59 | 0.09 | 0.00% | -617.00% | 27750.00% | 4.87% | 0.47 | 6.37% | 0.54% | 21.10% | 2.54% | 17.56 | 20.80 | 1.27 | 2.31 |
About Calumet, Inc.
Calumet, Inc. manufactures, formulates, and markets slate of specialty branded products to various consumer-facing and industrial markets in North America and internationally. Its Specialty Products and Solutions segment offers various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. The company's Montana/Renewables segment focuses on processing renewable feedstocks into renewable hydrogen, renewable natural gas, renewable propane, renewable naphtha, renewable kerosene/aviation fuel, and renewable diesel. This segment also processes Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialty grades of asphalt. Its Performance Brands segment blends, packages, and markets high performance products through Royal Purple, Bel-Ray, and TruFuel brands. Calumet GP, LLC serves as the general partner for Calumet Specialty Products Partners, L.P. The company was founded in 1916 and is headquartered in Indianapolis, Indiana.
- CEO
- Louis Todd Borgmann
- Employees
- 1.62K
- Beta
- 1.18
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($10.96 ÷ $33.68) − 1 = -67.46% (DCF, example).