CLMT Calumet margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 10

Gross margin

9.1%

Operating margin

4.5%

EBITDA margin

2.7%

Net margin

-3.7%

Calumet shows a gross margin of 9.1%, an operating margin of 4.5%, an EBITDA margin of 2.7%, and a net margin of -3.7%, although its net margin is negative at -3.7%. Among the available margins, gross margin improved the most and EBITDA margin declined the most, by 0.9 and 7.4 percentage points respectively.

CLMT margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Calumet's margins averaged 6.42% gross, 2.28% operating, 5.28% EBITDA, and -3.56% net. For Calumet, gross and operating margins are above their three-year averages, while EBITDA and net margins are below their three-year averages.

CLMT margin expansion

Year-over-year margin changes in percentage points

From the same period last year, gross margin expanded by 0.9 percentage points, while operating margin contracted by 0.5 percentage points, EBITDA margin by 7.4 percentage points, and net margin by 2.8 percentage points.

Gross margin expansion

0.9pp

Operating margin expansion

-0.5pp

EBITDA margin expansion

-7.4pp

Net margin expansion

-2.8pp

CLMT Gross margin

The average gross margin for Calumet was 6.42% across the past 3 years. Calumet's current gross margin is 9.1% and is 2.7 percentage points above its three-year average. The gross margin for Calumet moved between -0.9% in Jun 2025 and 10.8% in Dec 2023.

CLMT Operating margin

Over the last 3 years, Calumet's operating margin averaged 2.28%. The current operating margin of 4.5% is 2.2 percentage points above its three-year average. During this period, operating margin reached a high of 6.4% in Dec 2023 and a low of -4.5% in Jun 2025.

CLMT EBITDA margin

Calumet's EBITDA margin averaged 5.28% during the last 3 years. At present, Calumet's current EBITDA margin is 2.7%, which is 2.6 percentage points below its three-year average. Over the last 3 years, Calumet's EBITDA margin peaked at 10.1% in Sep 2025 and reached a low of 0.1% in Jun 2025.

CLMT Net margin

Across the last 3 years, Calumet's net margin averaged -3.56%. The current net margin stands at -3.7%, 0.1 percentage points below its three-year average. Net margin was highest at 1.2% in Dec 2023 and lowest at -11.1% in Jun 2025.

CLMT margin group comparison

Margins compared with peer-group, industry and sector averages

Calumet's gross margin of 9.1% is lower than the Energy sector, the industry and its peers average. Looking at the Energy sector average of 42.7%, Calumet's gross margin is 79% lower.

CLMT margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Calumet's gross margin?

The current gross margin for CLMT is 9.1% as of Sep 30, 2026.

What is Calumet's operating margin?

As of Sep 30, 2026, CLMT has an operating margin of 4.5%.

What is Calumet's EBITDA margin?

As of Sep 30, 2026, CLMT has an EBITDA margin of 2.7%.

What is Calumet's net margin?

For the period ending Sep 30, 2026, CLMT recorded a net margin of -3.7%.

What are the average margins of CLMT?

Across the last 3 years, CLMT averaged 6.4% gross, 2.3% operating, 5.3% EBITDA, and -3.6% net.

What are the highest historical margins of CLMT?

Over the last 5 years, Calumet's highest margins were 11.1% gross in Sep 2023, 6.4% operating in Dec 2023, 10.1% EBITDA in Sep 2025, and 1.2% net in Dec 2023.

What are the lowest historical margins of CLMT?

In the last 5 years, the lowest margins reported by CLMT were -0.9% gross in Jun 2025, -4.5% operating in Jun 2025, 0% EBITDA in Dec 2021, and -11.1% net in Jun 2025.