Calumet Specialty Products Partners, L.P.
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
-27.1137.215.134.58
Price/Sales ratio
0.240.260.190.18
Earnings per Share (EPS)
$-0.48$0.35$2.58$2.89

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-13.91-10.69-0.93-5.75-3.12-6.54-1.64-4.00-7.7929.74-8.16-6.54
Price/Sales ratio
0.260.350.080.150.040.080.100.330.280.340.280.04
Price/Book Value ratio
1.922.461.404.98-19.79-26.93-19.94-103.22-4.65-2.91-4.65-19.79
Price/Cash Flow ratio
6.883.9675.16-22.542.291.483.90-23.6913.31-96.0313.302.29
Price/Free Cash Flow ratio
-24.7440.19-2.27-6.196.782.0813.04-8.21-3.07-4.99-3.072.08
Price/Earnings Growth ratio
-0.01-0.68-0.000.080.060.30-0.00-0.050.22-0.23-0.230.30
Dividend Yield
13.46%15.06%16.90%N/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
9.14%14.11%11.34%13.23%12.48%13.08%9.26%4.53%7.48%10.80%7.48%13.08%
Operating Profit Margin
0.80%1.78%-1.10%4.19%3.51%3.74%-3.02%-2.60%2.84%6.39%2.84%3.74%
Pretax Profit Margin
-1.95%-3.98%-9.34%-0.83%-1.43%-1.24%-6.52%-8.21%-3.59%1.18%-3.59%-1.24%
Net Profit Margin
-1.93%-3.30%-9.12%-2.75%-1.57%-1.26%-6.56%-8.26%-3.66%1.15%-3.49%-1.26%
Effective Tax Rate
0.70%16.92%2.28%0.31%-1.39%-1.16%-0.74%-0.58%-2.01%3.21%-2.01%-1.16%
Return on Assets
-3.59%-4.73%-12.05%-3.86%-2.63%-2.34%-8.23%-12.22%-6.26%1.74%-5.97%-2.34%
Return On Equity
-13.84%-23.08%-150.25%-86.57%633.33%411.32%1211.38%2575.24%59.71%-9.78%227.87%411.32%
Return on Capital Employed
1.81%3.23%-1.78%8.96%7.34%9.99%-5.42%-6.66%9.59%16.30%9.59%7.34%
Liquidity Ratios
Current Ratio
1.660.971.281.281.610.900.98N/AN/AN/A0.600.90
Quick Ratio
0.720.350.510.940.920.380.510.340.230.310.020.38
Cash ratio
0.010.000.000.170.370.030.200.040.020.000.020.03
Days of Sales Outstanding
22.0418.2518.5234.3320.6619.9225.8129.3319.0524.98N/A19.92
Days of Inventory outstanding
35.6238.7744.1735.1433.8735.5845.2039.6641.9243.0041.9233.87
Operating Cycle
57.6757.0362.7069.4854.5455.5171.0169.0060.9767.9941.9255.51
Days of Payables Outstanding
29.1231.9331.5531.5523.9227.9931.7936.5537.2031.5137.2423.92
Cash Conversion Cycle
28.5425.0931.1437.9230.6227.5139.2132.4423.7736.47-26.9027.51
Debt Ratios
Debt Ratio
0.530.600.730.740.760.720.780.740.640.681.100.76
Debt Equity Ratio
2.072.939.1316.61-184.42-126.68-115.23-157.94-6.18-3.83-10.53-184.42
Long-term Debt to Capitalization
0.670.730.900.931.001.001.001.001.221.361.211.00
Total Debt to Capitalization
0.670.740.900.941.001.001.001.001.191.351.191.00
Interest Coverage Ratio
0.741.03-0.020.700.750.90-0.52N/AN/AN/A0.750.90
Cash Flow to Debt Ratio
0.130.210.00-0.010.040.140.04-0.020.05-0.000.050.04
Company Equity Multiplier
3.854.8712.4622.42-239.94-175.26-147.01-210.68-9.53-5.59-9.53-239.94
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.030.080.00-0.000.020.050.02-0.010.02-0.000.020.05
Free Cash Flow / Operating Cash Flow Ratio
-0.270.09-333.640.330.710.292.88-4.3319.24-4.330.71
Cash Flow Coverage Ratio
0.130.210.00-0.010.040.140.04-0.020.05-0.000.050.04
Short Term Coverage Ratio
3785.001.17-0.0719.781.410.62-0.240.41-0.261.101.41
Dividend Payout Ratio
-187.34%-161.11%-15.85%N/AN/AN/AN/AN/AN/AN/AN/AN/A