Calumet, Inc. CLMT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Montana Renewables | $235.8M-9.9% | $294.2M+32.0% | $319.2M+4.3% | $318M+9.1% | $261.7M+7.0% | |
| Performance Brands | $89M+8.4% | $68.7M-13.3% | $79.9M-0.6% | $80.8M-16.0% | $82.1M+2.9% | |
| Specialty Products And Solutions | $708.9M+8.2% | $680.4M+4.3% | $684.1M-5.0% | $633M-16.0% | $654.9M-4.6% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Montana Renewables | -$4M+48.1% | —— | —— | —— | -$7.7M— | |
| Performance Brands | -$100K0.0% | —— | —— | —— | -$100K— | |
| Specialty Products And Solutions | $5.8M+5,700% | —— | —— | —— | $100K— | |
| Segment Reporting Other Segment Expenses Amount by Business | ||||||
| Montana Renewables | $9.5M-27.5% | —— | —— | —— | $13.1M— | |
| Performance Brands | $10M+3.1% | —— | —— | —— | $9.7M— | |
| Specialty Products And Solutions | $9.2M+5.7% | —— | —— | —— | $8.7M— | |
| Adjusted EBITDA Income Loss by Business | ||||||
| Montana Renewables | -$12.3M+9.6% | -$26.3M-312% | -$5.8M-140% | -$5.1M-159% | -$13.6M-1.5% | |
| Performance Brands | $12.6M-20.3% | $5.4M-66.9% | $13.2M-2.9% | $13.5M-4.3% | $15.8M+17.9% | |
| Specialty Products And Solutions | $44.3M-21.3% | $88.5M+70.5% | $80.2M+58.2% | $66.8M-8.1% | $56.3M+19.3% | |
| PP&E (Net) by Business | ||||||
| Montana Renewables | $990.2M-4.1% | $997.1M-5.1% | $994.6M-6.3% | $1.01B-5.2% | $1.03B-4.6% | |
| Performance Brands | $28.3M-8.7% | $29M-7.6% | $29.7M-7.2% | $30.4M-6.5% | $31M-5.8% | |
| Specialty Products And Solutions | $310.9M-9.7% | $320.5M-8.8% | $333M-6.4% | $339.6M-6.4% | $344.4M-6.5% | |
| Cost of Goods Sold by Business | ||||||
| Montana Renewables | $242.6M-10.1% | $350.9M+54.7% | $240.3M-26.3% | $368.8M+26.4% | $269.9M-1.4% | |
| Performance Brands | $66.4M+17.1% | $53.1M-1.5% | $61.2M+6.3% | $58.6M-17.5% | $56.7M-1.2% | |
| Specialty Products And Solutions | $645.7M+10.4% | $637.6M+9.0% | $402.8M-43.4% | $642.8M-9.1% | $585M-1.9% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Montana Renewables | $13.7M+73.4% | —— | —— | —— | $7.9M— | |
| Specialty Products And Solutions | $700K-94.2% | —— | —— | —— | $12M— | |
| Concentration Risk % by Business | ||||||
| Montana Renewables | 22.9%-3.5pp | —— | 29.6%+1.8pp | 31%+5.3pp | 26.4%+2.1pp | |
| Performance Brands | 8.6%+0.3pp | —— | 7.4%+0.1pp | 7.9%-0.6pp | 8.3%+0.4pp | |
| Specialty Products And Solutions | 68.5%+3.2pp | 0.6%+0.1pp | 63%-1.9pp | 61.1%-4.7pp | 65.3%-2.5pp | |
| Revenue by Product | ||||||
| Asphalt Heavy Fuel Oils And Other | $22.8M-36.7% | $35.5M-13.6% | $42.9M-16.4% | $44.6M+20.2% | $36M+19.6% | |
| Diesel | $31.4M+34.2% | $23.2M-13.1% | $29.6M-4.5% | $26.4M-9.0% | $23.4M-16.1% | |
| Gasoline | $34.6M+6.5% | $26.3M-14.6% | $35.8M-12.3% | $33.5M-10.9% | $32.5M+2.8% | |
| Jet Fuel | $4.8M+14.3% | $4.2M+23.5% | $6.5M+22.6% | $4.7M-4.1% | $4.2M-8.7% | |
| Lubricating Oils | $191.8M-5.1% | $176M-7.6% | $183.5M-4.7% | $190.3M-11.9% | $202.2M+6.6% | |
| Other Specialty Products | $365.5M+19.8% | $365.2M+10.9% | $360.9M-4.2% | $295.9M-22.3% | $305M-13.0% | |
| Renewable Fuels | $142.2M-14.1% | $205M+69.6% | $204.4M+15.0% | $208.8M+14.2% | $165.6M+10.2% | |
| Solvents | $107.9M+3.1% | $97.7M+9.4% | $97.7M-7.9% | $101.5M-7.3% | $104.7M+2.2% | |
| Waxes | $39.8M+4.2% | $37M-3.6% | $37M-4.6% | $40.2M+0.2% | $38.2M-2.1% | |
| Concentration Risk % by Product | ||||||
| Asphalt Heavy Fuel Oils And Other | 2.2%-1.4pp | —— | 4%-0.7pp | 4.3%+1.0pp | 3.6%+0.6pp | |
| Diesel | 3%+0.6pp | —— | 2.7%-0.1pp | 2.6%0.0pp | 2.4%-0.4pp | |
| Gasoline | 3.4%+0.1pp | —— | 3.3%-0.4pp | 3.3%0.0pp | 3.3%+0.2pp | |
| Jet Fuel | 0.5%+0.1pp | —— | 0.6%+0.1pp | 0.5%+0.1pp | 0.4%-0.1pp | |
| Lubricating Oils | 18.6%-1.7pp | —— | 17%-0.5pp | 18.5%-0.5pp | 20.3%+1.4pp | |
| Other Specialty Products | 35.5%+4.8pp | 1.1%+0.9pp | 33.5%-0.8pp | 28.8%-4.8pp | 30.7%-4.1pp | |
| Renewable Fuels | 13.8%-2.9pp | 0.2%— | 19%+2.9pp | 20.3%+4.2pp | 16.7%+1.8pp | |
| Solvents | 10.5%0.0pp | —— | 9.1%-0.5pp | 9.9%+0.2pp | 10.5%+0.3pp | |
| Waxes | 3.9%+0.1pp | —— | 3.4%-0.1pp | 3.9%+0.4pp | 3.8%-0.1pp |
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.
