Calumet (CLMT) Operating Expenses (2023 - 2026)
Calumet's Operating Expenses came in at $39.4 million for Q2 2026, down 4.1% from $41.1 million a year earlier and down 40.3% from the prior quarter.
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Analysis
Calumet (CLMT) Operating Expenses (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Calumet reported Operating Expenses of $176 million, up 27.6% year-over-year; for FY2025, it came in at $123.8 million, down 14.9% from FY2024.
- Operating Expenses carries a three-year compound annual growth rate of -4.8% (FY2022 to FY2025).
- Going back by year, Operating Expenses was $145.5 million in FY2024 (+9.4%), $133 million in FY2023 (-7.3%) and $143.4 million in FY2022.
- The five-year range for quarterly Operating Expenses is $12.1 million (Q1 2025) to $66 million (Q1 2026).
- Year-over-year, Operating Expenses increased in three of the last eight quarters, with growth averaging 52.2%.
- The fastest year-over-year change in Operating Expenses over five years came in Q1 2026 (growth of 445.5%), and the weakest in Q1 2025 (a decline of 48.1%).
- Business Quant data shows CLMT's Operating Expenses at $66 million (Q1 2026), $39.2 million (Q4 2025) and $31.4 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 928.00 Mn |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 907.00 Mn |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 2.10 Bn |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | 3.15 Bn |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 1.60 Bn |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 7.63 Bn |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | 169.00 Mn |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 298.00 Mn |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | 99.60 Mn |
| 10 | Calumet | 4.62 Bn | 4.40 Bn | 18.30 Mn | 39.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.40 Mn |
| Mar 31, 2026 | 66.00 Mn |
| Dec 31, 2025 | 39.20 Mn |
| Sep 30, 2025 | 31.40 Mn |
| Jun 30, 2025 | 41.10 Mn |
| Mar 31, 2025 | 12.10 Mn |
| Dec 31, 2024 | 44.50 Mn |
| Sep 30, 2024 | 40.20 Mn |
| Jun 30, 2024 | 37.50 Mn |
| Mar 31, 2024 | 23.30 Mn |
| Dec 31, 2023 | 30.00 Mn |
| Sep 30, 2023 | 40.20 Mn |
| Jun 30, 2023 | 25.70 Mn |
API Access
Calumet Operating Expenses 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=operating-expenses&ticker=CLMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=CLMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();