Compass Minerals International, Inc. CMP

MaterialsChemicalsUnited States of America

Last close 23.31 USD on Nov 1, 2026, +18.7% year to date

Quant rating

Quant rating A Rank 21 of 151 in Materials

Growth A 14 of 151
Valuation B 30 of 151
Quality B 48 of 151
Revisions A 18 of 151
Momentum C 88 of 151

Wall Street consensus Hold (2.75)Average target 30.33 USD +30.1%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 979M
Enterprise value: 1.7B
52-week range: 16.43 – 34.46
3-year range: 7.77 – 34.46
Dividend yield: –
Beta (5 years): 1.29
Shares outstanding: 42.0M
Next earnings: Nov 23, 2026

About the company

Compass Minerals International, Inc. is a global provider of essential minerals, including salt, sulfate of potash (SOP) specialty fertilizer and magnesium chloride. The Company’s segments include Salt and Plant Nutrition. The Company's Salt segment provides highway deicing salt to customers in North America and the United Kingdom as well as consumer deicing and water conditioning products, ingredients used in consumer and commercial food preparation, and other salt-based products for consumer, industrial, chemical and agricultural applications in North America. In the United Kingdom, it operates a records management business utilizing excavated areas of its Winsford salt mine with one other location in London, England. The Company's Plant Nutrition segment produces and markets SOP products in various grades worldwide to distributors and retailers of crop inputs, as well as growers and for industrial uses. It markets its SOP under the trade name Protassium+.

Growth and profitability fiscal year ends September 30

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	1,244	1,117	1,205	1,245	837	–
Revenue growth	11.3%	−7.2%	−3.3%	48.8%	−16.7%	4.4%
EPS (basic, normalized)	−0.48	0.08	0.50	0.57	0.59	–
EPS growth	–	−84.0%	−12.3%	−3.4%	–	–
Gross margin	15.3%	17.5%	19.3%	16.0%	20.5%	17.7%
Net margin	−6.4%	−18.5%	0.8%	−2.7%	2.4%	−4.9%
ROE	−29.0%	−49.2%	2.5%	−12.2%	–	−22.0%

Balance sheet, last quarter
Cash & short-term investments (mil)	56.3
Current ratio	2.01x
Long-term debt (mil)	722
Net debt (mil)	672
Total equity (mil)	264
Net debt / equity	2.55x
Net debt / EBITDA	3.38x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	1,244	+11.3%	1.3x	199	−4.0%	8.3x	−0.48	−700.0%	−48.6x
2026	1,285	+3.3%	1.3x	231	+16.0%	7.2x	0.89	+285.4%	26.2x
2027	1,307	+1.7%	1.3x	253	+9.5%	6.5x	1.23	+38.6%	18.9x
2028	1,350	+3.3%	1.2x	269	+6.3%	6.1x	1.61	+30.9%	14.4x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	1,285	0.0%	+0.4%	+4.6%	0.89	0.0%	+8.5%	+16.7%
2027	1,307	0.0%	+0.7%	+5.0%	1.23	0.0%	+9.6%	+23.3%
2028	1,350	0.0%	+1.2%	+4.4%	1.61	0.0%	+6.5%	+12.5%

Earnings surprises EPS beat in 3 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	364	203	209	307	495	215	228	396	453	215
Sales mean (mil)	394	198	209	294	414	214	224	334	437	207
Surprise	−7.6%	+2.6%	−0.1%	+4.5%	+19.6%	+0.3%	+1.8%	+18.6%	+3.6%	+4.2%
EPS reported	1.49	−1.01	−0.77	−0.55	0.63	−0.39	−0.17	0.43	0.66	−0.14
EPS mean	0.27	−0.74	−0.45	0.15	0.01	−0.11	−0.23	0.26	0.63	−0.06
Surprise	+446.8%	−36.9%	−73.0%	−466.7%	+12,500.0%	−254.5%	+25.0%	+67.5%	+5.2%	−124.0%

Peer comparison Chemicals

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
CMP Compass Minerals International, Inc.	979M	3.38x	−6.4%	3.71x	26.2x	18.9x	7.2x	6.5x
LIN Linde PLC	236.1B	1.82x	20.3%	5.99x	28.7x	26.3x	18.3x	17.2x
SHW Sherwin-Williams Co	80.4B	2.50x	10.9%	20.21x	27.6x	25.1x	18.9x	17.8x
ECL Ecolab Inc.	85.0B	3.22x	12.9%	8.15x	37.1x	32.3x	22.2x	19.8x
APD Air Products and Chemicals, Inc.	70.5B	3.82x	−3.2%	5.08x	23.6x	22.0x	16.4x	15.4x
PPG PPG Industries, Inc.	26.4B	1.94x	9.9%	3.11x	15.0x	13.8x	11.0x	10.4x
Mean		2.78x	7.4%	7.71x	26.4x	23.1x	15.7x	14.5x
Median		2.86x	10.4%	5.53x	26.9x	23.5x	17.4x	16.3x

Technical analysis

1M+4.1%
3M−21.5%
1Y+31.8%
3Y−3.4%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Compass Minerals International, Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	1,244	1,117	1,205	1,245	837	1,005
Cost of revenue	1,053	922	973	1,045	665	785
Gross profit	191	195	232	200	172	220
Selling, general & administrative expenses	113	138	150	134	92.7	117
Research & development	–	–	–	–	–	–
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	61.3	191	0	0	–	–
Other operating expenses	−1.6	−17.0	4.4	20.9	0	0
Operating income	17.7	−117	77.4	45.4	79.0	103
Net interest income (expense)	−67.1	−69.2	−45.5	−44.7	−43.7	−58.1
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	−4.3	−2.2	−4.3	−0.5	−0.2	−0.4
Net income before taxes	−53.7	−188	27.6	0.2	35.1	44.5
Provision for taxes	26.1	17.9	17.8	33.8	14.1	1.9
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−79.8	−206	9.8	−33.6	21.0	42.6
Extraordinary items	0	0	0.7	12.5	−234	20.5
Net income	−79.8	−206	10.5	−21.1	−213	63.1
EBIT, normalized	85.4	93.2	83.0	66.8	79.0	103
EBITDA, normalized	189	198	182	180	169	241
Basic EPS, normalized	−0.48	0.08	0.50	0.57	0.59	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Compass Minerals International, Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	59.7	20.2	38.7	46.1	18.1	10.6
Receivables	180	126	129	167	133	185
Total inventory	312	414	400	304	322	300
Prepaid expenses	–	–	–	–	–	–
Other current assets	20.9	26.9	33.4	44.3	58.8	262
Total current assets	572	587	601	562	531	757
Property, plant & equipment	822	856	907	777	879	852
Goodwill	6.0	6.0	88.8	56.4	57.8	55.7
Intangibles	23.8	82.5	120	45.4	48.8	49.9
Long-term investments	–	–	–	46.6	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	95.0	108	100	156	114	548
Total assets	1,519	1,640	1,817	1,644	1,631	2,262
Liabilities
Accounts payable	96.0	82.1	117	115	90.0	82.6
Payable/accrued	–	–	–	–	–	–
Accrued expenses	156	109	135	116	94.6	87.1
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	7.9	12.7	6.7	1.1	1.2	10.0
Other current liabilities	5.6	13.1	16.5	1.0	9.6	117
Total current liabilities	266	217	275	233	195	296
Long-term debt	840	921	806	950	940	1,299
Minority interest	–	–	–	–	–	–
Other liabilities	180	185	216	204	203	280
Total liabilities	1,285	1,324	1,296	1,387	1,338	1,875
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	0.4	0.4	0.4	0.4	0.4	0.4
Additional paid-in capital	430	421	413	152	136	127
Retained earnings (accumulated deficit)	−77.6	2.2	221	226	272	567
Treasury stock	−10.8	−10.2	−8.7	−7.3	−5.5	−4.4
Other equity	−108	−96.4	−105	−115	−110	−303
Total equity	234	317	521	256	293	387
Total liabilities & shareholders' equity	1,519	1,640	1,817	1,644	1,631	2,262

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Compass Minerals International, Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	−79.8	−206	10.5	−21.1	−213	63.1
Depreciation, depletion & amortization	103	105	98.6	113	94.6	138
Deferred taxes	−2.6	−2.7	−5.0	18.6	−29.5	5.2
Non-cash items	67.7	185	24.5	21.4	264	15.3
Changes in working capital	109	−66.9	−22.6	−11.3	46.7	−46.3
Cash from operations	198	14.4	106	120	163	175
Investing activities
Capital expenditures	−69.7	−114	−154	−96.6	−71.8	−84.9
Other investing cash flows	19.7	−1.9	−23.6	16.7	348	−3.3
Cash from investing	−50.0	−116	−178	−79.9	276	−88.2
Financing activities
Financing cash flow items	−27.4	−15.9	−7.1	−3.7	−2.1	−4.0
Cash dividends paid	–	−12.6	−24.9	−20.8	−73.1	−99.1
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−80.9	112	96.0	10.2	−364	6.9
Cash from financing	−108	83.1	64.0	−14.3	−440	−96.2
Foreign exchange effects	0.1	0.1	0.5	−1.1	0.7	−4.5
Net change in cash	39.5	−18.5	−7.4	25.1	0	−13.7
Free cash flow	128	−99.8	−48.3	23.8	90.9	90.3

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.