SequelSEC

Intrepid Potash, Inc. IPI

Mining & Quarrying of Nonmetallic Minerals (No Fuels) · CIK 0001421461 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$298.33M
Fiscal year ended 2025-12-31
Operating income
$10.66M
Fiscal year ended 2025-12-31
Free cash flow
$25.54M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$460.00MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$34.31Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income41.1×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue1.5×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.9×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Mining & Quarrying of Nonmetallic Minerals (No Fuels) filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Effective tax rate4.6%12th
Revenue YoY growth17.1%73th
Current ratio5.24x67th
CapEx / revenue10.1%38th
FCF margin8.6%38th
SBC / revenue1.7%58th
Gross margin18.4%50th
Net margin3.7%50th
Operating margin3.6%50th

Intrepid Potash, Inc. (IPI) reported revenue of $298.33M and net income of $11.18M for the fiscal year ended 2025-12-31. This page shows 3 annual periods of income statement, balance sheet and cash flow figures normalized from Intrepid Potash, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Mining & Quarrying of Nonmetallic Minerals (No Fuels).

Income

Intrepid Potash, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-31
Revenue$298.33M$254.69M$279.08M
Cost of revenueUnavailableUnavailableUnavailable
Gross profit$54.82M$29.08M$36.85M
Operating income$10.66M-$19.86M-$43.97M
Net income$11.18M-$212.84M-$35.67M
Research & developmentUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 13.17Mshares 12.88Mshares 12.76M
Pretax income$11.73M-$18.51M-$44.06M
Income tax expense$544.00K$194.33M-$8.39M
Diluted EPS$0.85$-16.53$-2.80
Selling, general & administrative$36.70M$32.97M$32.42M
General & administrativeUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailable

Balance

Intrepid Potash, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-31
Cash & equivalents$83.54M$41.31M$4.07M
Total assets$632.18M$594.52M$768.57M
Current assets$292.33M$183.76M$152.04M
Total liabilities$140.75M$120.13M$84.14M
Current liabilities$55.77M$38.00M$46.56M
Total equity incl. NCI$491.43M$474.39M$684.43M
Temporary (mezzanine) equityUnavailableUnavailableUnavailable
Inventory$112.19M$112.97M$114.25M
Accounts receivable$31.98M$22.46M$22.08M
GoodwillUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailable

Cash flow

Intrepid Potash, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-31
Operating cash flow$55.78M$72.50M$43.23M
Capital expenditures$30.24M$38.71M$65.06M
Investing cash flow-$13.27M-$29.53M-$59.55M
Financing cash flow-$276.00K-$5.72M$1.89M
Net change in cash$42.24M$37.25M-$14.43M
Stock-based compensation$5.08M$3.58M$6.53M
Common dividends paidUnavailableUnavailableUnavailable
Common share repurchasesUnavailable$0$0
Depreciation & amortization$40.57M$37.69M$39.40M

Derived

Intrepid Potash, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-31
Free cash flow$25.54M$33.79M-$21.83M
Gross margin18.4%11.4%13.2%
Operating margin3.6%-7.8%-15.8%
FCF margin8.6%13.3%-7.8%
SBC / revenue1.7%1.4%2.3%
Current ratio5.24x4.84x3.27x
Revenue YoY growth17.1%-8.7%Unavailable
Net margin3.7%-83.6%-12.8%
R&D / revenueUnavailableUnavailableUnavailable
CapEx / revenue10.1%15.2%23.3%
Long-term debt / equityUnavailableUnavailableUnavailable
Effective tax rate4.6%UnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open IPI in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-03-05View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-06View SEC filing

Companies in the same industry

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.