Calumet (CLMT) Debt to Equity (2023 - 2026)

Calumet (CLMT) reported Debt to Equity of -$2.25 for Q1 2026, up 16.51% year-over-year from -$1.93 in Q1 2025, and up 26.12% quarter-over-quarter from -$3.05 in Q4 2025.

Calumet (CLMT) Debt to Equity (2023 - 2026) Analysis & Trends

Calumet (CLMT) has 4 years of Debt to Equity data on file, last reported at -$2.25 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at -$2.25, up 16.51% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.25 (up 16.51% YoY), and the FY2025 annual result was -$3.05, down 3.33% from the prior year.
  • Debt to Equity advanced to -$2.25 in Q1 2026 per CLMT's latest filing, from -$3.05 in the prior quarter.
  • Over five years, Debt to Equity peaked at -$0.97 in Q2 2024 and troughed at -$3.85 in Q4 2023.
  • A 4-year average of -$2.72 and a median of -$2.95 in 2024 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2024 and 2025: Debt to Equity grew 23.28% in 2024, then sank 138.52% in 2025.
  • A 4-year view of Debt to Equity shows it stood at -$3.85 in 2023, then gained by 23.28% to -$2.95 in 2024, then retreated by 3.33% to -$3.05 in 2025, then grew by 26.12% to -$2.25 in 2026.
  • Business Quant data shows CLMT's Debt to Equity at -$2.25 in Q1 2026, -$3.05 in Q4 2025, and -$3.31 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 0.62
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn 0.58
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 2.10
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 0.84
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 1.11
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 0.87
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 0.41
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 0.22
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn 1.26
10 Calumet 2.84 Bn 2.92 Bn -87.50 Mn -2.25

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.25
Dec 31, 2025 -3.05
Sep 30, 2025 -3.31
Jun 30, 2025 -2.31
Mar 31, 2025 -2.70
Dec 31, 2024 -2.95
Sep 30, 2024 -3.06
Jun 30, 2024 -0.97
Dec 31, 2023 -3.85