Growth Metrics

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% on a QoQ basis from -$3.05 in Q4 2025.

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

  • Quarterly Debt to Equity rose 16.51% year-over-year to -$2.25 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.25 (up 16.51% YoY) and the FY2025 annual result came in at -$3.05, down 3.33% from the prior year.
  • Debt to Equity climbed to -$2.25 in Q1 2026 per CLMT's latest filing, from -$3.05 in the prior quarter.
  • Across five years, Debt to Equity topped out at -$0.97 in Q2 2024 and bottomed at -$3.85 in Q4 2023.
  • The 4-year median for Debt to Equity is -$2.95 (2024), against an average of -$2.72.
  • The widest annual swing landed in 2024, when Debt to Equity advanced 23.28%; it then tumbled 138.52% in 2025.
  • Tracing CLMT's Debt to Equity over 4 years: stood at -$3.85 in 2023, then increased by 23.28% to -$2.95 in 2024, then declined by 3.33% to -$3.05 in 2025, then advanced by 26.12% to -$2.25 in 2026.
  • Per Business Quant, the three latest CLMT Debt to Equity figures stand at -$2.25 (Q1 2026), -$3.05 (Q4 2025), and -$3.31 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Linde 230.79 Bn 226.84 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 72.51 Bn 72.30 Bn 2.78 Bn 2.10
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 0.84
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 1.11
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn 0.87
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn 1.26
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn 0.19
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 0.22
10 Calumet 3.14 Bn 3.21 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