Calumet (CLMT)
Market Price (4/23/2026): $32.45 | Market Cap: $2.8 BilSector: Materials | Industry: Specialty Chemicals
Calumet (CLMT)
Market Price (4/23/2026): $32.45Market Cap: $2.8 BilSector: MaterialsIndustry: Specialty Chemicals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Low stock price volatilityVol 12M is 44% Megatrend and thematic driversMegatrends include Advanced Materials, Energy Transition & Decarbonization, and Automation & Robotics. Themes include Specialty Chemicals for Performance, Show more. | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 83% Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 32x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 26x Stock price has recently run up significantly12M Rtn12 month market price return is 240% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.9% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 74% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.2% Key risksCLMT key risks include [1] a substantial debt load that constrains its financial flexibility and [2] the dependence of its key Montana Renewables segment on potentially shifting government regulations and incentives. |
| Low stock price volatilityVol 12M is 44% |
| Megatrend and thematic driversMegatrends include Advanced Materials, Energy Transition & Decarbonization, and Automation & Robotics. Themes include Specialty Chemicals for Performance, Show more. |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 83% |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 32x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 26x |
| Stock price has recently run up significantly12M Rtn12 month market price return is 240% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.9% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 74% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.2% |
| Key risksCLMT key risks include [1] a substantial debt load that constrains its financial flexibility and [2] the dependence of its key Montana Renewables segment on potentially shifting government regulations and incentives. |
Qualitative Assessment
AI Analysis | Feedback
1. Calumet reported a significant beat on its fourth-quarter 2025 earnings per share (EPS), announced on February 27, 2026. The company posted an EPS of -$0.43, exceeding the Zacks Consensus Estimate of -$0.67 by 35.82%.
2. The company's strategic focus and progress on high-value renewable fuels, particularly Sustainable Aviation Fuel (SAF), served as a core growth driver. As of April 2, 2026, Calumet's Montana Renewables (MRL) MaxSAF® expansion project, aiming for an annual production capacity of 120-150 million gallons of SAF, was over 70% complete and on time and budget. Calumet has already secured agreements for nearly 100 million gallons of SAF at a premium. This segment is projected to significantly increase adjusted EBITDA from $151 million in 2024 to an anticipated $482 million in 2025, and potentially $750 million by 2028.
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Stock Movement Drivers
Fundamental Drivers
The 63.5% change in CLMT stock from 12/31/2025 to 4/22/2026 was primarily driven by a 60.0% change in the company's P/S Multiple.| (LTM values as of) | 12312025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.87 | 32.48 | 63.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,048 | 4,137 | 2.2% |
| P/S Multiple | 0.4 | 0.7 | 60.0% |
| Shares Outstanding (Mil) | 87 | 87 | 0.0% |
| Cumulative Contribution | 63.5% |
Market Drivers
12/31/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| CLMT | 63.5% | |
| Market (SPY) | -5.4% | 0.3% |
| Sector (XLB) | 14.3% | 6.9% |
Fundamental Drivers
The 78.0% change in CLMT stock from 9/30/2025 to 4/22/2026 was primarily driven by a 75.3% change in the company's P/S Multiple.| (LTM values as of) | 9302025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.25 | 32.48 | 78.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,070 | 4,137 | 1.6% |
| P/S Multiple | 0.4 | 0.7 | 75.3% |
| Shares Outstanding (Mil) | 87 | 87 | -0.1% |
| Cumulative Contribution | 78.0% |
Market Drivers
9/30/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| CLMT | 78.0% | |
| Market (SPY) | -2.9% | 12.4% |
| Sector (XLB) | 16.3% | 15.5% |
Fundamental Drivers
The 156.2% change in CLMT stock from 3/31/2025 to 4/22/2026 was primarily driven by a 161.8% change in the company's P/S Multiple.| (LTM values as of) | 3312025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 12.68 | 32.48 | 156.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,189 | 4,137 | -1.2% |
| P/S Multiple | 0.3 | 0.7 | 161.8% |
| Shares Outstanding (Mil) | 86 | 87 | -0.9% |
| Cumulative Contribution | 156.2% |
Market Drivers
3/31/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| CLMT | 156.2% | |
| Market (SPY) | 16.3% | 48.2% |
| Sector (XLB) | 22.4% | 43.7% |
Fundamental Drivers
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Market Drivers
3/31/2023 to 4/22/2026| Return | Correlation | |
|---|---|---|
| CLMT | ||
| Market (SPY) | 63.3% | 34.0% |
| Sector (XLB) | 35.7% | 30.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CLMT Return | - | - | - | 30% | -10% | 64% | 92% |
| Peers Return | 44% | 98% | 18% | -18% | 24% | 37% | 368% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 3% | 88% |
Monthly Win Rates [3] | |||||||
| CLMT Win Rate | - | - | - | 50% | 58% | 75% | |
| Peers Win Rate | 58% | 75% | 53% | 38% | 67% | 70% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| CLMT Max Drawdown | - | - | - | -34% | -59% | -2% | |
| Peers Max Drawdown | -3% | -2% | -17% | -22% | -23% | 0% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DINO, VLO, PSX, MPC, PBF.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/22/2026 (YTD)
How Low Can It Go
CLMT has limited trading history. Below is the Materials sector ETF (XLB) in its place.
| Event | XLB | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -25.7% | -25.4% |
| % Gain to Breakeven | 34.5% | 34.1% |
| Time to Breakeven | 534 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -37.6% | -33.9% |
| % Gain to Breakeven | 60.2% | 51.3% |
| Time to Breakeven | 121 days | 148 days |
| 2018 Correction | ||
| % Loss | -26.1% | -19.8% |
| % Gain to Breakeven | 35.4% | 24.7% |
| Time to Breakeven | 617 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -60.7% | -56.8% |
| % Gain to Breakeven | 154.6% | 131.3% |
| Time to Breakeven | 1,761 days | 1,480 days |
Compare to DINO, VLO, PSX, MPC, PBF
In The Past
Materials Select Sector SPDR's stock fell -25.7% during the 2022 Inflation Shock from a high on 4/20/2022. A -25.7% loss requires a 34.5% gain to breakeven.
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About Calumet (CLMT)
AI Analysis | Feedback
```htmlHere are 1-2 brief analogies to describe Calumet:
- Neste, but also a specialty chemicals company.
- Valero, transitioning into renewable fuels and specialty chemicals.
AI Analysis | Feedback
- Specialty Solvents & Waxes: Offers various solvents, waxes, and other customized chemical products.
- Lubricating Oils & Petrolatums: Provides customized lubricating oils, white oils, petrolatums, gels, and esters.
- Renewable Fuels: Manufactures renewable diesel, sustainable aviation fuel, renewable hydrogen, renewable natural gas, renewable propane, and renewable naphtha.
- Conventional Fuels & Asphalt: Produces conventional gasoline, diesel, jet fuel, and specialty grades of asphalt.
- Performance Branded Products: Markets high-performance lubricants, fuels, and related products under the Royal Purple, Bel-Ray, and TruFuel brands.
AI Analysis | Feedback
For Calumet (CLMT), the company primarily sells to other businesses (B2B).
Based on the provided background information, Calumet's major customers are:
- Wholesale distributors
- Retail chains
The background does not specify the names of individual major customer companies or their public symbols.
AI Analysis | Feedback
- Enbridge Inc. (ENB)
AI Analysis | Feedback
Todd Borgmann, President & Chief Executive Officer
Todd Borgmann has served as Chief Executive Officer of Calumet's general partner since May 2022. Prior to this role, he was the Executive Vice President – Chief Financial Officer of Calumet's general partner since February 2021. Mr. Borgmann has over fifteen years of experience with Calumet, serving in diverse management roles, including Senior Vice President – Chief Financial Officer, Senior Vice President – Interim Chief Financial Officer, and Vice President of Supply & Trading. He also held positions as Calumet's Vice President of Business Development and Director of White Oils and Petrolatums sales. Mr. Borgmann brings extensive expertise in petroleum markets, refining operations, and risk management. He holds a Bachelor of Science in Industrial Engineering from Purdue University and a Master of Business Administration from the University of Notre Dame.
David Lunin, Executive Vice President, Chief Financial Officer
David Lunin was appointed Chief Financial Officer of Calumet on January 1, 2024, having joined as EVP and CFO Designate. He assumed the role of the company's principal accounting officer on April 15, 2025, in addition to his CFO responsibilities. Mr. Lunin has over 20 years of finance experience, most recently in various investment banking roles at Goldman Sachs. At Goldman Sachs, he focused on capital markets and mergers and acquisitions, spending significant time in the Natural Resources group covering the commodity and specialty chemicals industries. Mr. Lunin holds a Bachelor's degree in Business Administration from George Washington University, a Master of Arts in Applied Economics from Johns Hopkins University, and an MBA from Columbia Business School.
Bruce Fleming, Executive Vice President — Montana Renewables & Corporate Development
Bruce Fleming serves as the Executive Vice President — Montana Renewables & Corporate Development at Calumet. He previously served as President of NuStar Energy L.P. and also held a position on the Board of Directors for Valero Energy Corporation. Prior to these roles, Mr. Fleming was with Koch Industries for 30 years, where his roles included President of Koch Petroleum Group, LP, and Chief Executive Officer of Koch Supply & Trading.
Scott Obermeier, Executive Vice President — Specialties
Scott Obermeier is the Executive Vice President — Specialties at Calumet. He was promoted to Executive Vice President, Commercial in January 2020, focusing on the company's commercial strategy and specialty products transformation. Mr. Obermeier has over 20 years of experience in sales, marketing, and general management within the specialty chemicals market. Before joining Calumet in November 2017, he spent 10 years with Univar Solutions Inc., where he served as Vice President and managed their organic chemicals business. Earlier in his career, he held various sales management and regional oversight roles at CHEMCENTRAL Corporation. Mr. Obermeier earned a B.A. in Chemistry Marketing from the University of Northern Iowa.
Gregory Morical, Senior Vice President, General Counsel & Secretary
Gregory Morical serves as the Senior Vice President, General Counsel & Secretary for Calumet. Before joining Calumet, Mr. Morical was a partner at the law firm of Ice Miller LLP, where he specialized in corporate transactions, mergers and acquisitions, and corporate governance.
AI Analysis | Feedback
The key risks to Calumet's (CLMT) business include its significant debt burden, the volatile nature and execution challenges within its Montana/Renewables segment, and persistent profitability challenges stemming from a high cost base.
- High Debt and Balance Sheet Risk: Calumet carries a substantial debt load, with approximately $2.23 billion in debt exceeding its cash on hand. The company's net-debt-to-EBITDA ratio of 7x indicates it is highly leveraged. This high level of debt leads to increased fixed-interest obligations, which can strain financial flexibility and profitability. Furthermore, Calumet has faced elevated refinancing risks for its upcoming debt maturities, leading S&P Global Ratings to downgrade its credit rating due to concerns about its ability to address these maturities without external funding.
- Challenges and Volatility in the Montana/Renewables Segment: Calumet's Montana/Renewables (MRL) segment, which focuses on renewable diesel and sustainable aviation fuel, is crucial for its future growth but is subject to significant market and operational uncertainties. This segment has experienced substantial headwinds, including volatile market conditions and record-low industry margins, which have pressured profitability. The business is also reliant on favorable renewable fuel policies, and potential shifts in regulatory support, such as changes to Renewable Identification Numbers (RINs) obligations, could quickly impact margins and cash flow. Additionally, there are execution risks associated with the MaxSAF150 expansion project and a "one-site risk" related to the Great Falls facility, where a major shutdown could significantly impact the company.
- Overall Profitability Challenges and High Operating Costs: Despite being profitable over the last five years, Calumet's overall profitability has been hampered by a high cost base, with its average EBITDA margin of 6.3% being among the lowest in the energy upstream and integrated energy sector. The company has reported ongoing profitability challenges, including missing analyst earnings expectations, and high operational costs continue to pressure its earnings per share. Calumet has also historically demonstrated a mediocre track record in investing in profitable growth initiatives, with a low average return on invested capital.
AI Analysis | Feedback
The accelerating global transition away from fossil fuels and internal combustion engines (ICEs) poses a significant emerging threat to Calumet's conventional refining operations and its Performance Brands segment. As electric vehicles and renewable energy sources gain market share, demand for traditional gasoline, diesel, jet fuel, and the specialized lubricants and fuels for ICEs (e.g., Royal Purple, TruFuel) could substantially decline. This shift necessitates a rapid and successful pivot towards their renewable initiatives, or their legacy assets and product lines face obsolescence and reduced profitability.
AI Analysis | Feedback
Calumet, Inc. (CLMT) participates in several addressable markets for its diverse product offerings across specialty products, renewable fuels, and performance brands.
Renewable Fuels and Sustainable Solutions:
- Renewable Diesel: The global renewable diesel market was estimated at approximately USD 26.12 billion in 2025 and is projected to reach about USD 60.43 billion by 2035, growing at a CAGR of 8.75% from 2026 to 2035. North America is a significant market, holding approximately 42.2% of the global market share in 2025. The U.S. renewable diesel industry is expected to grow significantly.
- Sustainable Aviation Fuel (SAF): The global sustainable aviation fuel market size was approximately USD 2.31 billion in 2025 and is predicted to surge to around USD 357.41 billion by 2035, expanding at a CAGR of 65.56% between 2026 and 2035. North America held a substantial share of 47.11% of the global market in 2025.
Specialty Products and Lubricants:
- Specialty Lubricants: The global specialty lubricants market size was valued at USD 34.7 billion in 2025 and is predicted to reach USD 55.6 billion by 2035, growing at a CAGR of 4.9% from 2026 to 2035. North America is a leading region, with an anticipated share of around 40% of global revenue in 2026, and its market is valued at around USD 10 billion.
- High-Performance Lubricants: The global high-performance lubricants market size was valued at approximately USD 6.77 billion in 2025 and is expected to reach USD 11.13 billion by 2035, expanding at a CAGR of 5.1% during the forecast period from 2026-2035. North America is the largest market, holding approximately 40% of the global market share.
- Waxes: The global wax market size was estimated at USD 10.456 billion in 2023 and is projected to reach USD 14.1658 billion by 2030, with a CAGR of 4.6% from 2024 to 2030. Another estimate places the global market at USD 11.6 billion in 2020, projected to reach USD 16.7 billion by 2030. The U.S. wax market is projected to reach USD 1.9924 billion by 2027.
- White Oils: The global white oil market size was valued at USD 2.2 billion in 2021 and is projected to reach USD 3.1 billion by 2031. More recent estimates show the global white oil market size at USD 2.4273 billion in 2025, projected to reach USD 3.3863 billion by 2033. Asia-Pacific dominated the market with 53.2% of the revenue share in 2025.
- Petrolatum (Petroleum Jelly): The global petrolatum market size is expected to grow from USD 0.6 billion by the end of 2024 to USD 0.9 billion by 2033. Another source indicates the global market was valued at USD 911.59 million in 2025 and is expected to reach USD 1456.84 million by 2035. Asia Pacific dominated the global industry in 2024.
Conventional Fuels and Asphalt:
- Asphalt: The global asphalt market size was estimated at USD 65.91 billion in 2024 and is anticipated to reach USD 83.35 billion by 2030, growing at a CAGR of 4.0% from 2025 to 2030. The U.S. asphalt market size was USD 32.6 million in 2024 and is expected to reach USD 52.9 million by 2032. Asia Pacific dominated the global market with a revenue share of about 38.81% in 2024.
AI Analysis | Feedback
Calumet (CLMT) is expected to drive future revenue growth over the next 2-3 years through several key initiatives: * **MaxSAF150 Expansion and Sustainable Aviation Fuel (SAF) Production:** A primary driver of future revenue growth for Calumet is the MaxSAF150 expansion project, which aims to significantly increase the company's production capacity for Sustainable Aviation Fuel (SAF) and renewable diesel (RD). This expansion is anticipated to bring approximately half of the projected capacity online by year-end 2026. Calumet has already secured contracts for around 100 million gallons of SAF, positioning it to capitalize on the increasing demand for renewable fuels with high-margin sales. * **Continued Growth and Margin Expansion in Specialty Products and Solutions (SPS) Segment:** Calumet's Specialty Products and Solutions segment has consistently demonstrated strong performance and margin growth. The company is focused on strategies such as customer and product diversification, enhancing feedstock flexibility, and optimizing integrated assets through its Commercial Excellence program. Management anticipates maintaining specialty margins above $60 per barrel, further contributing to revenue growth. * **Expansion and Premiumization of Performance Brands:** The Performance Brands segment, which includes Royal Purple, Bel-Ray, and TruFuel, is expected to be a significant contributor to revenue growth. This segment has shown strong volume increases, with TruFuel achieving record-breaking sales. Calumet's strategy involves the premiumization of these brands, focusing on high-margin synthetic lubricants and food-grade waxes. * **International Sales Expansion for Specialty Products:** To further diversify and grow revenue, Calumet plans to expand its specialty product sales into international markets, particularly in Europe and Southeast Asia. This push aims to capture the rising industrial demand for high-performance and eco-friendly lubricants, increasing export revenue streams.AI Analysis | Feedback
Share Issuance
- In July 2024, Calumet completed its conversion from a master limited partnership to a C-Corporation, issuing approximately 80.4 million shares of common stock in exchange for outstanding common units. Additionally, 5.5 million shares of common stock and 2.0 million warrants were issued to Sponsor Parties.
- As of February 27, 2026, the company reported 86.8 million common shares outstanding.
- Calumet announced a $65 million At-the-Market Equity Offering Program in January 2025.
Inbound Investments
- In November 2021, Montana Renewables, LLC (MRL), a subsidiary, received a $300 million convertible debt investment from funds managed by Oaktree Capital Management, L.P.
- In August 2022, Warburg Pincus invested $250 million in MRL through preferred equity, and Stonebriar Commercial Finance provided an additional $350 million via sale and leaseback contracts; the Oaktree investment was subsequently retired.
- In January 2025, Montana Renewables secured a $1.44 billion guaranteed loan facility from the U.S. Department of Energy (DOE) Loan Programs Office for the expansion of its renewable fuels facility, with an initial funding of approximately $782 million.
Outbound Investments
- In 2025, Calumet divested the industrial segment of its Royal Purple business for $110 million, resulting in a $55.8 million gain, while retaining the consumer brand.
Capital Expenditures
- Calumet's capital expenditures were $82.9 million in 2021, $536.2 million in 2022, and $271.8 million in 2023.
- Expected capital expenditures were $76.7 million for 2024 and estimated between $60 million to $90 million for 2025, primarily focused on maintenance and optimization, funded by operating cash flows and credit facilities.
- For 2026, capital spending is projected to be between $115 million and $145 million, including $70 million to $90 million for the restricted group, with a significant portion allocated to heavy turnarounds across various sites and the completion of the Montana Renewables' MaxSAF 150 expansion.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Calumet Stock On Fire: Up 28% With 7-Day Winning Streak | 04/01/2026 | |
| Calumet Stock On Fire: Up 25% With 6-Day Winning Streak | 03/31/2026 | |
| Calumet Earnings Notes | 12/16/2025 | |
| Calumet Stock Jump Looks Great, But How Secure Is That Gain? | 10/17/2025 | |
| Day 5 of Gains Streak for Calumet Stock with 24% Return (vs. -26% YTD) [8/25/2025] | 08/26/2025 | |
| Calumet (CLMT) Net Income Comparison | 08/08/2025 | |
| Calumet (CLMT) EBITDA Comparison | 08/08/2025 | |
| Calumet (CLMT) Operating Cash Flow Comparison | 08/08/2025 | |
| Calumet (CLMT) Tax Expense Comparison | 08/08/2025 | |
| Calumet (CLMT) Debt Comparison | 08/08/2025 | |
| ARTICLES | ||
| Calumet Stock 7-Day Winning Spree: Stock Climbs 28% | 04/01/2026 | |
| Small Cap Stocks Trading At 52-Week High | 04/01/2026 | |
| Calumet Stock 6-Day Winning Spree: Stock Climbs 25% | 03/31/2026 | |
| CLMT Stock Up 24% after 5-Day Win Streak | 08/25/2025 |
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Research & Analysis
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Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 110.06 |
| Mkt Cap | 37.9 |
| Rev LTM | 76,010 |
| Op Inc LTM | 2,154 |
| FCF LTM | 1,762 |
| FCF 3Y Avg | 2,214 |
| CFO LTM | 3,138 |
| CFO 3Y Avg | 3,484 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -5.8% |
| Rev Chg 3Y Avg | -10.0% |
| Rev Chg Q | -0.9% |
| QoQ Delta Rev Chg LTM | -0.2% |
| Op Inc Chg LTM | 54.2% |
| Op Inc Chg 3Y Avg | -13.3% |
| Op Mgn LTM | 3.0% |
| Op Mgn 3Y Avg | 3.4% |
| QoQ Delta Op Mgn LTM | 0.8% |
| CFO/Rev LTM | 4.2% |
| CFO/Rev 3Y Avg | 4.6% |
| FCF/Rev LTM | 2.5% |
| FCF/Rev 3Y Avg | 3.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 37.9 |
| P/S | 0.5 |
| P/Op Inc | 14.1 |
| P/EBIT | 10.7 |
| P/E | 15.6 |
| P/CFO | 10.2 |
| Total Yield | 6.5% |
| Dividend Yield | 2.4% |
| FCF Yield 3Y Avg | 12.5% |
| D/E | 0.4 |
| Net D/E | 0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -2.9% |
| 3M Rtn | 24.8% |
| 6M Rtn | 31.8% |
| 12M Rtn | 111.1% |
| 3Y Rtn | 84.9% |
| 1M Excs Rtn | -11.3% |
| 3M Excs Rtn | 21.0% |
| 6M Excs Rtn | 26.3% |
| 12M Excs Rtn | 79.1% |
| 3Y Excs Rtn | 5.6% |
Price Behavior
| Market Price | $32.48 | |
| Market Cap ($ Bil) | 2.8 | |
| First Trading Date | 07/11/2024 | |
| Distance from 52W High | -9.5% | |
| 50 Days | 200 Days | |
| DMA Price | $30.41 | $21.11 |
| DMA Trend | up | up |
| Distance from DMA | 6.8% | 53.8% |
| 3M | 1YR | |
| Volatility | 48.7% | 43.7% |
| Downside Capture | -0.37 | -0.21 |
| Upside Capture | 245.00 | 126.18 |
| Correlation (SPY) | 1.5% | 19.0% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.24 | 0.19 | 0.05 | 0.36 | 1.32 | -0.40 |
| Up Beta | -2.97 | -2.01 | -1.37 | 0.45 | 1.31 | 0.36 |
| Down Beta | 0.24 | -0.55 | -0.53 | 0.39 | 2.01 | 0.27 |
| Up Capture | 130% | 230% | 207% | 109% | 138% | 17% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 15 | 31 | 45 | 80 | 145 | 228 |
| Down Capture | -77% | -61% | -79% | -40% | 49% | 49% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 7 | 11 | 18 | 46 | 105 | 198 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CLMT | |
|---|---|---|---|---|
| CLMT | 247.6% | 43.8% | 2.98 | - |
| Sector ETF (XLB) | 32.5% | 16.6% | 1.52 | 19.0% |
| Equity (SPY) | 26.7% | 12.5% | 1.77 | 19.5% |
| Gold (GLD) | 38.9% | 27.4% | 1.19 | 5.9% |
| Commodities (DBC) | 23.5% | 16.2% | 1.32 | 24.2% |
| Real Estate (VNQ) | 15.6% | 13.6% | 0.82 | 14.2% |
| Bitcoin (BTCUSD) | -12.8% | 42.6% | -0.21 | 9.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CLMT | |
|---|---|---|---|---|
| CLMT | 13.5% | 62.3% | 0.82 | - |
| Sector ETF (XLB) | 6.9% | 18.9% | 0.26 | 30.1% |
| Equity (SPY) | 10.5% | 17.1% | 0.48 | 34.1% |
| Gold (GLD) | 21.5% | 17.8% | 0.99 | 6.0% |
| Commodities (DBC) | 10.7% | 18.8% | 0.47 | 27.8% |
| Real Estate (VNQ) | 3.6% | 18.8% | 0.09 | 24.5% |
| Bitcoin (BTCUSD) | 3.8% | 56.4% | 0.29 | 12.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CLMT | |
|---|---|---|---|---|
| CLMT | 6.5% | 62.3% | 0.82 | - |
| Sector ETF (XLB) | 10.7% | 20.6% | 0.46 | 30.1% |
| Equity (SPY) | 13.8% | 17.9% | 0.66 | 34.1% |
| Gold (GLD) | 13.9% | 15.9% | 0.73 | 6.0% |
| Commodities (DBC) | 8.1% | 17.6% | 0.38 | 27.8% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 24.5% |
| Bitcoin (BTCUSD) | 68.1% | 66.9% | 1.07 | 12.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/27/2026 | -10.8% | 0.2% | 6.1% |
| 11/7/2025 | -1.6% | -6.2% | 1.5% |
| 8/8/2025 | -3.6% | -7.8% | 15.8% |
| 5/9/2025 | 3.8% | 13.3% | 11.0% |
| 1/14/2025 | -13.8% | -27.1% | -20.9% |
| 10/24/2024 | -0.0% | 0.7% | 2.9% |
| 8/9/2024 | 15.7% | 46.6% | 35.8% |
| SUMMARY STATS | |||
| # Positive | 2 | 4 | 6 |
| # Negative | 5 | 3 | 1 |
| Median Positive | 9.7% | 7.0% | 8.5% |
| Median Negative | -3.6% | -7.8% | -20.9% |
| Max Positive | 15.7% | 46.6% | 35.8% |
| Max Negative | -13.8% | -27.1% | -20.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/12/2025 | 10-Q |
| 12/31/2024 | 03/03/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 02/29/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 03/15/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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