Calumet reported third-quarter 2026 net income of $273.3 million, or basic earnings per share of $2.91, compared to a loss in the prior year period. Adjusted EBITDA reached $322.0 million, while Adjusted EBITDA with Tax Attributes was $347.2 million. The Specialty Products and Solutions segment generated $248.1 million in Adjusted EBITDA, driven by strong market conditions and supply chain disruptions. Montana Renewables delivered record earnings with $110.6 million of Adjusted EBITDA with Tax Attributes. The company continued its deleveraging strategy, retiring approximately $265 million of debt since July through redemptions and repayments. Calumet manufactures, formulates, and markets specialty branded products and renewable fuels.
