Calumet (CLMT) FCF Margin (2023 - 2026)
Calumet (CLMT) recorded FCF Margin of 3.74% in Q2 2026, up 5.24 percentage points from -1.50% a year earlier and up 13.39 percentage points from the prior quarter.
Calumet (CLMT) FCF Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Calumet's FCF Margin came in at 1.60% as of Jun 30, 2026, up 4.62 percentage points year-over-year; for FY2025, it was 1.37%, up 4.31 percentage points from FY2024.
- Annual FCF Margin has increased for three straight years, with a three-year change of +10.66 percentage points (FY2022 to FY2025).
- Across earlier years, FCF Margin came in at -2.94% in FY2024 (+3.92 pp), -6.86% in FY2023 (+2.44 pp) and -9.30% in FY2022.
- Quarterly FCF Margin has ranged from -11.33% in Q1 2024 to 9.99% in Q4 2025 over the past five years.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of +1.89 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 12.99 percentage points in Q4 2025, against a drop of 6.04 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -9.65% (Q1 2026), 9.99% (Q4 2025) and 1.40% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 8.97% |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 28.75% |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 18.25% |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | 9.79% |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | -9.22% |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 5.25% |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | 27.52% |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 10.57% |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | 5.01% |
| 10 | Calumet | 4.62 Bn | 4.40 Bn | 18.30 Mn | 3.74% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.74% |
| Mar 31, 2026 | -9.65% |
| Dec 31, 2025 | 9.99% |
| Sep 30, 2025 | 1.40% |
| Jun 30, 2025 | -1.50% |
| Mar 31, 2025 | -4.72% |
| Dec 31, 2024 | -2.99% |
| Sep 30, 2024 | -2.93% |
| Jun 30, 2024 | 4.54% |
| Mar 31, 2024 | -11.33% |
| Dec 31, 2023 | -3.99% |
| Sep 30, 2023 | 1.14% |
Calumet FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CLMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CLMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CLMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();