Calumet (CLMT) Operating Margin (2023 - 2026)
Calumet's Operating Margin was -2.77% in Q2 2026, up 7.07 percentage points from -9.84% a year earlier and up 13.87 percentage points from the prior quarter.
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Analysis
Calumet (CLMT) Operating Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Calumet's Operating Margin was 1.03% through Jun 30, 2026, up 5.55 percentage points year-over-year; for FY2025, it was 2.63%, up 2.43 percentage points from FY2024.
- Operating Margin shows a three-year change of -0.19 percentage points (FY2022 to FY2025).
- In earlier years, Operating Margin was 0.19% in FY2024 (-6.20 pp), 6.39% in FY2023 (+3.58 pp) and 2.81% in FY2022.
- Quarterly Operating Margin has moved between -16.64% (Q1 2026) and 29.95% (Q3 2025) over five years.
- Compared with a year earlier, Operating Margin was higher in three of the last eight quarters, with an average year-over-year change of -2.12 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q3 2025 (a gain of 35.14 percentage points); the worst was Q3 2024 (a drop of 23.72 percentage points).
- Per Business Quant data, CLMT's Operating Margin in the three quarters before Q2 2026 was -16.64% (Q1 2026), -6.21% (Q4 2025) and 29.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 27.49% |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 15.49% |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 18.18% |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | -66.34% |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 32.29% |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 16.81% |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | 28.51% |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 25.75% |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | 17.45% |
| 10 | Calumet | 4.62 Bn | 4.40 Bn | 18.30 Mn | -2.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.77% |
| Mar 31, 2026 | -16.64% |
| Dec 31, 2025 | -6.21% |
| Sep 30, 2025 | 29.95% |
| Jun 30, 2025 | -9.84% |
| Mar 31, 2025 | -4.90% |
| Dec 31, 2024 | 2.39% |
| Sep 30, 2024 | -5.19% |
| Jun 30, 2024 | 0.55% |
| Mar 31, 2024 | 3.61% |
| Dec 31, 2023 | -1.42% |
| Sep 30, 2023 | 18.53% |
| Jun 30, 2023 | 2.47% |
API Access
Calumet Operating 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=operating-margin&ticker=CLMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CLMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();