Calumet vs Green Plains
Calumet is the larger business, with $4.14bn of revenue in fiscal 2025 against $2.09bn for Green Plains (2.0 times as much). Calumet grew faster (-1.2% against -14.9%). Calumet kept more of each dollar of sales as profit: a net margin of -0.8% against -5.8%.
| Latest fiscal year | CalumetCLMT, 2025 | Green PlainsGPRE, 2025 |
|---|---|---|
| Revenue | $4.14bn | $2.09bn |
| Revenue growth | -1.2% | -14.9% |
| Net income | −$33.8m | −$121m |
| Operating margin | 2.6% | -3.2% |
| Net margin | -0.8% | -5.8% |
| Return on equity | — | -14.9% |
| Free cash flow | $56.6m | $73.7m |
| Cash | $125m | $182m |
| Total debt | $2.27bn | $408m |
| Debt to equity | — | 53.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $30.0m |
| Employees | 1,540 | 642 |
| Market value | $4.16bn | $985m |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | — | 31 (Weak) |
| Insider trades, 12 months | 0 buys, 7 sales | 1 buys, 0 sales |