---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-001896"
form_type: "8-K"
ticker: "CLMT"
cik: "0002013745"
company_name: "Calumet, Inc. /DE"
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-26T00:29:11.574507+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Calumet Q4 net loss $40.7M; sells Royal Purple industrial for $110M

## Summary
- Net loss $40.7M ($0.47 EPS) in Q4; FY net loss $222.0M vs $48.1M income prior year.
- Adjusted EBITDA Q4 $56.6M (up from $39.7M); FY $194.8M (down from $260.5M).
- Royal Purple industrial assets sold for $110M; proceeds to pay down debt; close expected H1 2025.
- Montana Renewables drew ~$782M from $1.44B DOE loan; Calumet invested additional $150M equity.
- Performance Brands segment vol up 15% YoY; SPS segment Adjusted EBITDA fell to $43.4M from $75.6M.

## SEC filing metadata
- accession: 0001558370-25-001896
- form_type: 8-K
- ticker: CLMT
- cik: 0002013745
- company_name: Calumet, Inc. /DE
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2013745/000155837025001896/0001558370-25-001896-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2013745/000155837025001896/clmt-20250228x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-001896
- JSON: https://secwatch.observer/filing/0001558370-25-001896.json
- Plain text: https://secwatch.observer/filing/0001558370-25-001896.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.