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Compass Minerals International, Inc.
NYSE: CMP Materials Metals 🔎 Screen
$1.0B
Market Cap
111.8
P/E
1.51
PEG
3.3%
ROCE
-29.0%
ROE
3.59
D/E
2.0%
OPM
-28.8%
% from 52W High
63
α RS
🔍 CMP is showing an earnings-catalyst setup because an ECS of 73.1 last quarter, Sector RRG has Industrials in the Improving quadrant with the trail still rolling over, and RS Rating is 63. Net: Broad signal stack, not a recommendation. ? ECS RRG RS Rating
Sources
ECS 73.1 · Industrials in Improving quadrant · RS Rating 63
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🌏 Global Investor Returns
Currency-adjusted total returns for CMP including FX impact
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📈 Price History
Ratio Health
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About

Compass Minerals International, Inc. provides essential minerals in the United States, Canada, the United Kingdom, and internationally. It operates through two segments, Salt and Plant Nutrition. The Salt segment produces, markets, and sells sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases and sells potassium chloride and calcium chloride to sell as finished products or to blend with sodium chloride to produce specialty products. This segment provides products for use as a deicer for roadways, consumer, and professional use; as an ingredient in chemical production; for water treatment, human, and animal nutrition; and for various other consumer and industrial uses, as well as records management services. The Plant Nutrition segment produces sulfate of potash specialty fertilizers in various grades that are used in broadcast spreaders, direct application, and liquid fertilizer solutions under the Protassium+ brand name; turf products used by the turf and ornamental markets, as well as for blends used on golf course greens; and organic products. This segment provides its products to distributors and retailers of crop inputs, as well as growers. The company was formerly known as Salt Holdings Corporation and changed its name to Compass Minerals International, Inc. in December 2003. Compass Minerals International, Inc. was founded in 1844 and is headquartered in Overland Park, Kansas.

Key Ratios Snapshot
📈 Growth Pattern
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⭐ Superinvestors Holding CMP
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 172.9K $4.0M 0.01% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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📊 MIXED Compass Minerals Q2 2026: Revenue $453M, Adj. EBITDA $86M, retires $150M notes
Revenue & Profitability
Consolidated revenue was $453 million, down 8% from the prior year's $494 million. Adjusted EBITDA was $86 million, up 3.3% from $84 million a year ago. First-half adjusted EBITDA reached $152 million vs. $116 million in the prior year, a 32% increase. Net debt stood at $639 million, down $119 million year-over-year, and leverage improved to 2.7x from 4.6x.
Outlook
Management views the market as constructive heading into the deicing bid season, with low inventories after a strong winter. The North American Highway Deicing market remains structurally tight, supporting pricing and tender size growth. The company updated its fiscal 2026 adjusted EBITDA guidance to a midpoint of $224 million (range $212–$236 million), with Salt adjusted EBITDA midpoint lowered to $233 million and Plant Nutrition raised to $45 million.
Growth Drivers
Key growth levers include strong performance in Plant Nutrition at Ogden, which showed a 202% year-over-year adjusted EBITDA increase to $17 million on margin improvement. In Salt, the company is focused on maximizing value per ton during the bid season and driving operational improvements at Goderich to reduce unit costs. The completion of the Goderich CBA is expected to enhance mine efficiency and flexibility.
Balance Sheet & CapEx
Capital expenditure guidance for fiscal 2026 remains unchanged from prior ranges, though specific numbers were not provided in the call. A notable planned investment is the dryer compaction plant at Ogden, expected to be executed later next year, which should improve yield, lower costs, and enhance product quality.
Margins
Consolidated adjusted EBITDA margin improved to 19.1% in Q2 from 17.0% a year ago. Salt's per-ton operating earnings rose 21% to $15.85. Plant Nutrition adjusted EBITDA margin surged to 25.2% from 9.6% in the prior year. For the first half of fiscal 2026, adjusted EBITDA margin was 17.9% vs. 14.5% in the same period last year, driven by margin growth in both segments and lower SG&A.
Key Risks
Key risks include the impact of winter weather patterns on geographic and product mix, which can affect costs and volumes. Operational improvements at the Goderich mine are progressing more slowly than expected, keeping production costs elevated. Other risks include regional weather variability, the pace of operational efficiency gains, and balance sheet management, though recent debt reduction mitigates refinancing risk.
Generated by AI · Q2 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q3 2026 Q3 2026 2026-08-06
Plant Nutrition outperformed with higher margins and raised guidance, while Salt saw strong pricing but higher costs and lower volumes. Net loss narrowed, leverage improved, and capital allocation remains focused on investment and debt reduction. Bid season pricing is robust, but risks include tariffs and logistics costs.
Q2 2026 Q2 2026 2026-05-07
Q2 saw higher margins and EBITDA despite lower revenue, driven by operational improvements and cost control. Debt was reduced with early note redemption, and Plant Nutrition outperformed, while Salt faced higher costs due to weather and mix. Guidance was updated, with a positive industry outlook.
Q1 2026 Q1 2026 2026-02-05
First positive net income since 2023, with adjusted EBITDA doubling year-over-year and leverage ratio improving to 3.6x. Salt and Plant Nutrition segments drove strong results, leading to raised full-year guidance and a focus on operational efficiency and deleveraging.
Q4 2025 Q4 2025 2025-12-09
Fiscal 2025 saw improved financial health, reduced net debt, and operational streamlining, with revenue up 11% and significant cost reductions. 2026 guidance anticipates stable or improved margins despite lower forecasted volumes, supported by enhanced liquidity and capital flexibility.
Q3 2025 Q3 2025 2025-08-12
Third quarter saw revenue up 6% and adjusted EBITDA up 25% year-over-year, with cost reductions driving improved margins in both Salt and Plant Nutrition. Guidance for adjusted EBITDA was raised, and liquidity strengthened through refinancing and asset sales.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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