Calumet, Inc. CLMT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Montana Renewables | $235.8M-19.9% | $294.2M-7.8% | $319.2M+0.4% | $318M+21.5% | $261.7M+17.4% | |
| Performance Brands | $89M+29.5% | $68.7M-14.0% | $79.9M-1.1% | $80.8M-1.6% | $82.1M+3.7% | |
| Specialty Products And Solutions | $708.9M+4.2% | $680.4M-0.5% | $684.1M+8.1% | $633M-3.3% | $654.9M+0.4% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Montana Renewables | -$4M— | —— | —— | —— | -$7.7M— | |
| Performance Brands | -$100K— | —— | —— | —— | -$100K— | |
| Specialty Products And Solutions | $5.8M— | —— | —— | —— | $100K— | |
| Segment Reporting Other Segment Expenses Amount by Business | ||||||
| Montana Renewables | $9.5M— | —— | —— | —— | $13.1M— | |
| Performance Brands | $10M— | —— | —— | —— | $9.7M— | |
| Specialty Products And Solutions | $9.2M— | —— | —— | —— | $8.7M— | |
| Adjusted EBITDA Income Loss by Business | ||||||
| Montana Renewables | -$12.3M+53.2% | -$26.3M-353% | -$5.8M-13.7% | -$5.1M+62.5% | -$13.6M-210% | |
| Performance Brands | $12.6M+133% | $5.4M-59.1% | $13.2M-2.2% | $13.5M-14.6% | $15.8M-3.1% | |
| Specialty Products And Solutions | $44.3M-49.9% | $88.5M+10.3% | $80.2M+20.1% | $66.8M+18.7% | $56.3M+8.5% | |
| PP&E (Net) by Business | ||||||
| Montana Renewables | $990.2M-0.7% | $997.1M+0.3% | $994.6M-1.8% | $1.01B-1.9% | $1.03B-1.8% | |
| Performance Brands | $28.3M-2.4% | $29M-2.4% | $29.7M-2.3% | $30.4M-1.9% | $31M-1.3% | |
| Specialty Products And Solutions | $310.9M-3.0% | $320.5M-3.8% | $333M-1.9% | $339.6M-1.4% | $344.4M-2.0% | |
| Cost of Goods Sold by Business | ||||||
| Montana Renewables | $242.6M-30.9% | $350.9M+46.0% | $240.3M-34.8% | $368.8M+36.6% | $269.9M+19.0% | |
| Performance Brands | $66.4M+25.0% | $53.1M-13.2% | $61.2M+4.4% | $58.6M+3.4% | $56.7M+5.2% | |
| Specialty Products And Solutions | $645.7M+1.3% | $637.6M+58.3% | $402.8M-37.3% | $642.8M+9.9% | $585M0.0% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Montana Renewables | $13.7M— | —— | —— | —— | $7.9M— | |
| Specialty Products And Solutions | $700K— | —— | —— | —— | $12M— | |
| Concentration Risk % by Business | ||||||
| Montana Renewables | 22.9%— | —— | 29.6%-1.4pp | 31%+4.6pp | 26.4%— | |
| Performance Brands | 8.6%— | —— | 7.4%-0.5pp | 7.9%-0.4pp | 8.3%+8.2pp | |
| Specialty Products And Solutions | 68.5%+67.9pp | 0.6%-62.4pp | 63%+1.9pp | 61.1%-4.2pp | 65.3%+64.8pp | |
| Revenue by Product | ||||||
| Asphalt Heavy Fuel Oils And Other | $22.8M-35.8% | $35.5M-17.2% | $42.9M-3.8% | $44.6M+23.9% | $36M-12.4% | |
| Diesel | $31.4M+35.3% | $23.2M-21.6% | $29.6M+12.1% | $26.4M+12.8% | $23.4M-12.4% | |
| Gasoline | $34.6M+31.6% | $26.3M-26.5% | $35.8M+6.9% | $33.5M+3.1% | $32.5M+5.5% | |
| Jet Fuel | $4.8M+14.3% | $4.2M-35.4% | $6.5M+38.3% | $4.7M+11.9% | $4.2M+23.5% | |
| Lubricating Oils | $191.8M+9.0% | $176M-4.1% | $183.5M-3.6% | $190.3M-5.9% | $202.2M+6.1% | |
| Other Specialty Products | $365.5M+0.1% | $365.2M+1.2% | $360.9M+22.0% | $295.9M-3.0% | $305M-7.4% | |
| Renewable Fuels | $142.2M-30.6% | $205M+0.3% | $204.4M-2.1% | $208.8M+26.1% | $165.6M+37.0% | |
| Solvents | $107.9M+10.4% | $97.7M0.0% | $97.7M-3.7% | $101.5M-3.1% | $104.7M+17.2% | |
| Waxes | $39.8M+7.6% | $37M0.0% | $37M-8.0% | $40.2M+5.2% | $38.2M-0.5% | |
| Concentration Risk % by Product | ||||||
| Asphalt Heavy Fuel Oils And Other | 2.2%— | —— | 4%-0.3pp | 4.3%+0.7pp | 3.6%+3.5pp | |
| Diesel | 3%— | —— | 2.7%+0.1pp | 2.6%+0.2pp | 2.4%— | |
| Gasoline | 3.4%— | —— | 3.3%0.0pp | 3.3%0.0pp | 3.3%— | |
| Jet Fuel | 0.5%— | —— | 0.6%+0.1pp | 0.5%+0.1pp | 0.4%— | |
| Lubricating Oils | 18.6%— | —— | 17%-1.5pp | 18.5%-1.8pp | 20.3%+20.0pp | |
| Other Specialty Products | 35.5%+34.4pp | 1.1%-32.4pp | 33.5%+4.7pp | 28.8%-1.9pp | 30.7%+30.5pp | |
| Renewable Fuels | 13.8%+13.6pp | 0.2%-18.8pp | 19%-1.3pp | 20.3%+3.6pp | 16.7%— | |
| Solvents | 10.5%— | —— | 9.1%-0.8pp | 9.9%-0.6pp | 10.5%— | |
| Waxes | 3.9%— | —— | 3.4%-0.5pp | 3.9%+0.1pp | 3.8%+3.7pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Calumet, Inc. break its business down?
- Calumet, Inc. (CLMT) reports revenue by business across 3 parts — Montana Renewables, Performance Brands and Specialty Products And Solutions. Each is extracted from the segment footnotes and tracked over time.
- Where does Calumet, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Calumet, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
