Intrepid Potash, Inc.

Intrepid Potash, Inc.

IPI
Intrepid Potash, Inc.US flagNew York Stock Exchange
38.07
USD
-0.12
- -
511.40MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
44.62
54.35
37.95
27.97
15.38
16.26
17.05
15.16
20.64
25.67
21.87
19.77
22.92
22.9
Basic EPS, GAAP
2.96
1.29
-69.35
-8.47
-1.95
0.92
1.06
-2.09
19.07
5.49
-2.8
-16.53
0.86
1.07
Free Cash Flow per Basic Share
-24.62
8.7
-3.08
-4.3
0.28
3.7
-2.43
1.13
4.53
1.53
-1.71
2.61
1.96
3.09
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
47.94
49.15
-20.31
-29.05
-21.06
-18.11
-16.93
-18.9
0.32
5.81
3.2
-13.36
-12.36
-11.74
Tangible Book Value per Share
123.9
125.46
56.37
47.93
34.75
32.4
32.19
29.72
48.76
52.51
52.13
35.34
36.29
37.94
Basic Weighted Avg Shares
8
8
8
8
12
13
13
13
13
13
13
13
13
13
Sales/Revenue/Turnover
336
410
287
212
178
208
220
197
270
338
279
255
298
299
Operating Margin (%)
12.14
4.29
-14.92
-23.36
-7.75
7.4
7.59
-8.84
11
30.49
0.05
-2.83
3.81
4.04
Depreciation Expense
61
81
88
41
33
32
34
36
36
35
39
38
41
41
Net Income, GAAP
22
10
-525
-64
-23
12
14
-27
250
72
-36
-213
11
14
Effective Tax Rate (%)
41.52
9.71
- -
- -
- -
0.91
0.39
- -
- -
25.17
- -
- -
4.64
2.94
Profit Margin (%)
6.62
2.38
-182.73
-30.26
-12.68
5.66
6.19
-13.79
92.42
21.39
-12.78
-83.57
3.75
4.68
Working Capital
110
152
157
100
74
111
58
69
83
123
105
146
181
246
LT Debt
150
150
149
133
49
50
34
47
2
2
6
3
3
4
Total Equity
934
947
427
363
402
417
435
411
663
715
684
474
491
498
Return on Invested Capital (%)
2.4
1.45
- -
- -
- -
3.27
3.41
- -
- -
11.14
- -
- -
2.23
2.38
Return on Capital (%)
5.45
2.91
- -
- -
- -
-7.98
-10
- -
- -
169.73
- -
- -
-6.67
-8.66
Return on Common Equity (%)
6.36
2.67
- -
- -
- -
- -
- -
- -
- -
178.91
-60.83
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
4
3
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
396
361
559

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
222
235
304
Cash, Cash Equivalents & STI
77
84
99
Accounts Receivable, Net
25
34
46
Inventories
111
112
96
Total Current Liabilities
42
54
58
Payables & Accruals
22
20
26
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.61%
7.54%
3.59%
Free Cash Flow
75.3%
-49.83%
-23.96%
Net Income, GAAP
-143.75%
-169.83%
-105.25%
Sales/Revenue/Turnover
2.31%
10.64%
17.13%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
79
62
58
56
255
2025
95
71
53
76
298
2026
99
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.24
-0.06
-0.14
-16.04
-16.53
2025
0.36
0.25
0.29
-0.03
0.86
2026
0.56
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Kevin S. Crutchfield
Full Time Employees
468
Sector
Basic Materials
Industry
Agricultural Inputs
Address
1001 17th Street Denver CO United States of America 80202
IPO Date
Apr 22, 2008
Business
Intrepid Potash, Inc. engages primarily in the extraction, production, and sale of potash and potash byproducts. The company operates through three main segments: Potash, Trio®, and Oilfield Solutions. Its Potash segment produces and sells muriate of potash (potassium chloride), used chiefly as a fertilizer input in agriculture, an ingredient in animal feed, and as a component in industrial applications including oil and gas drilling fluids. The Trio® segment markets a specialty fertilizer product composed of potassium, magnesium, and sulfate, derived from langbeinite ore, tailored for chloride-sensitive crops. The Oilfield Solutions segment provides water sales, high-speed potassium chloride mixing services, saltwater disposal, and trucking services primarily supporting oil and gas operations in the Permian Basin. Additional byproduct sales include salt, magnesium chloride, metal recovery salts, and brines. Founded in 2007 and headquartered in Denver, Colorado, Intrepid Potash conducts its mining and production operations mainly at facilities in the United States Southwest, specifically in Carlsbad, New Mexico, and Moab and Wendover, Utah. The company employs solar evaporation and conventional underground mining methods to extract its minerals and distributes its products largely across the North American agricultural, industrial, and energy markets. In recent major developments, Intrepid Potash has completed significant phases of a multiyear potash asset revitalization initiative aimed at increasing brine availability and improving extraction efficiency. This has resulted in a 32% increase in potash production in 2024 compared to 2023, with record Trio® sales volumes. The company has also implemented strategic operational improvements, including the commissioning of a new brine injection pipeline phase two and facility upgrades that enhance unit economics and reduce production costs. In December 2024, Intrepid Potash appointed Kevin S. Crutchfield as CEO, signaling a leadership transition intended to support the company's growth and operational advances. The business continues to focus on expanding its water sales and oilfield services, capitalizing on its proximity to the Permian Basin oil and gas fields to diversify revenue streams. Intrepid Potash serves the cyclical agricultural commodities market and the oil and gas industry, relying heavily on the demand for potassium-based fertilizers and specialty nutrient products in the United States. Its strategic resource location, diversified product portfolio, and recent operational enhancements position it as a key domestic supplier in the U.S. potash industry and allied markets.

Company News

APIChat
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  • Intrepid Announces Fourth Quarter and Full Year 2025 Results

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