Compass Minerals Earnings Reports

Compass Minerals delivered a strong third quarter in fiscal 2025, with significant year-over-year improvements across key performance measures. The company reduced its net loss, increased total adjusted EBITDA by 25%, and saw strong volume and earnings growth in both its Salt and Plant Nutrition businesses. Strategic financial actions, including debt reduction and asset sales, further strengthened the balance sheet.

Compass Minerals reported a significant increase in revenue for the second quarter of fiscal 2025, reaching $494.6 million, up from $364.0 million in the prior year. Despite the revenue growth, the company reported a net loss of $32.0 million, an improvement from the $38.9 million net loss in the same quarter last year. Adjusted net earnings were $25.7 million, or $0.63 per diluted share, compared to $74.2 million, or $1.78 per diluted share, in the prior year.

Compass Minerals reported a net loss of $23.6 million and diluted EPS of -$0.57 for the first quarter of fiscal 2025. Revenue totaled $307.2 million. The company saw a decline in salt inventory volumes year over year despite a slow start to the winter deicing season, and made progress in improving the cost structure of its Plant Nutrition business.

Compass Minerals reported a net loss of $48.3 million for Q4 2024, which included a $17.6 million write-down of intangible water rights in Utah. Adjusted EBITDA for the quarter was $15.6 million, down from $31.3 million in the prior year. The company is focused on improving cash generation and reducing debt.

Compass Minerals reported preliminary fiscal year 2024 third-quarter results, highlighting strong performance in the core Salt and Plant Nutrition businesses. Revenue was $202.9 million, with an operating income of $5.9 million. However, the company reported a net loss of $43.6 million, impacted by ongoing financial restatements.

Compass Minerals reported a decrease in revenue and operating earnings for Q2 2024, impacted by mild winter weather and challenges in the fire-retardant business. The company is implementing measures to improve cash flow and reduce debt, including suspending dividend payments and curbing production levels.

Compass Minerals reported a net loss of $75.1 million for the first quarter of fiscal year 2024, impacted by a $77.3 million expense related to the termination of its lithium project. Despite weak winter weather, the Salt business saw a 7% increase in operating earnings and an 8% increase in adjusted EBITDA. Plant Nutrition sales volumes increased by 67%, but lower average sales prices affected profitability.

Compass Minerals reported a 6% year-over-year decline in consolidated revenue for Q4 2023, totaling $233.6 million. Operating earnings decreased to $3.9 million, and adjusted EBITDA fell by 9% to $33.0 million. The Salt business showed improved profitability, offsetting weaker Plant Nutrition sales. For the full fiscal year, consolidated revenue was down 3% to $1.2 billion, but operating earnings increased to $79.1 million, and adjusted EBITDA rose to $200.8 million due to improved Salt business profitability.

Compass Minerals reported a net income of $39.9 million, driven by a $42.7 million tax benefit. The company saw improvements in Salt business operating earnings and adjusted EBITDA, while the Plant Nutrition business experienced declines. Fortress North America achieved its first commercial sales, and the lithium project continued to progress with a binding supply agreement with Ford.

Compass Minerals reported improved fiscal 2023 second-quarter results, with operating earnings up 140% year over year and a narrowed net loss. The company is focused on strategic priorities including growth in adjacent markets and maximizing profitability in core businesses.

Compass Minerals reported a 6% year-over-year increase in consolidated revenue, driven by strong pricing in both Salt and Plant Nutrition businesses and improved Salt volumes. Consolidated operating earnings increased by 37% to $27.9 million, and adjusted EBITDA improved by 6% to $61.8 million.

Compass Minerals reported an 18% increase in consolidated revenue for the fourth quarter, driven by increased Salt segment sales volumes and favorable Plant Nutrition average selling price. The company is focused on expanding its essential minerals portfolio into lithium and next-generation fire retardants. North American highway salt bid season has set the stage to improve Salt segment profitability in fiscal 2023.

Compass Minerals reported an 8% increase in revenue for Q3 2022, reaching $215 million. This growth was driven by higher Salt segment average price and sales volumes. However, profitability was impacted by increased production and distribution costs, particularly within the Salt segment. The company is focusing on restoring Salt segment profitability through value-based pricing and expanding into new markets like lithium and fire retardants.

Compass Minerals reported a 5% year-over-year increase in revenue, reaching $449 million. However, profitability was affected by intensifying inflationary pressures and ongoing SOP production challenges. The company is focused on mitigating these challenges through pricing actions, a successful highway salt bid season, and productivity initiatives.

Compass Minerals reported a 7% year-over-year increase in consolidated revenue for the first quarter of fiscal year 2022. The growth was primarily driven by higher North America bid season commitments in the Salt segment and a strong fertilizer macro environment supporting increased prices for the company's Protassium+® SOP product. However, the company reduced its fiscal 2022 adjusted EBITDA guidance due to trends in the Salt segment and increased inflationary pressures and logistical costs.

Compass Minerals reported significant year-over-year increases in operating earnings and adjusted EBITDA from continuing operations during first-quarter 2021, primarily driven by improved per-unit operating cost performance and strong sales volumes of highway deicing products within the company's Salt segment.

Compass Minerals reported lower fourth-quarter revenue and operating earnings compared to the prior year, driven primarily by weaker winter weather, the continued devaluation of the Brazilian real, higher costs in the company's Plant Nutrition North America segment and revenue and expense impacts associated with the COVID-19 pandemic. However, the company improved year-over-year operating and EBITDA margins in its Salt segment, and the Goderich mine achieved its highest monthly production level during the fourth quarter since its full conversion to continuous mining and haulage.

Compass Minerals reported a 3% increase in revenue to $500.3 million and a 10% increase in net earnings to $56.1 million, or $1.63 per diluted share, for the fourth quarter of 2019. The company's operating earnings increased by 41% to $96.2 million.