Zacks Investment Research·5 days ago
Is Intrepid Potash (IPI) Stock Outpacing Its Basic Materials Peers This Year?Here is how Intrepid Potash (IPI) and Neo Performance Materials Inc. (NOPMF) have performed compared to their sector so far this year.
Intrepid Potash, Inc.(IPI)Earnings, Financials & Key Ratios
IPI•NYSE
$35.07
41.3× P/E·Price updated Jul 7, 2026
AboutIntrepid Potash, Inc., together with its subsidiaries, engages in the extraction and production of the potash in the United States and internationally. It operates through three segments: Potash, Trio, and Oilfield Solutions. The Potash segment offers muriate of potash or potassium chloride for use as a fertilizer input in the agricultural market; as a component in drilling and fracturing fluids for oil and gas wells, as well as an input to other industrial processes in the industrial market; and as a nutrient supplement in the animal feed market. The Trio segment provides Trio, a specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle. The Oilfield Solutions segment sells water for use in the oil and gas services industry; and offers potassium chloride real-time mixing services on location for hydraulic fracturing operations and trucking services. The company also offers salt for use in animal feeds, industrial applications, pool salts, and treatment of roads and walkways for ice melting or to manage road conditions; magnesium chloride for use in the deicing and dedusting of roads; brines for well development and completion activities in the oil and gas industry; and metal recovery salt, a combination of potash and salt to enhance the recovery of aluminum in the aluminum recycling processing facilities. Intrepid Potash, Inc. was founded in 2000 and is based in Denver, Colorado.Show more
- Revenue$298M+17.1%
- EBITDA$59M+229.1%
- Net Income$11M+105.3%
- EPS (Diluted)0.85+105.1%
- Gross Margin17.5%+53.3%
- EBITDA Margin19.67%+181.0%
- Operating Margin5.2%+166.7%
- Net Margin3.75%+104.5%
- ROE2.32%+106.3%
IPI Price & Volume
Intrepid Potash, Inc. (IPI) stock price & volume — 10-year historical chart
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Cyclical Volatility Challenges Intrepid Potash Operational Stability
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Commodity price volatility exposure
Key Thesis Takeaways
- Intrepid Potash faces a challenging outlook defined by extreme earnings volatility and structural margin constraints, as evidenced by a 2024Q4 net loss of $207 million.
- While the company maintains a fortress-like balance sheet with a current ratio of 5.26, its reliance on capital-intensive solar evaporation infrastructure requires consistent reinvestment, with CapEx/Revenue ratios frequently exceeding 10%.
- Investors should monitor the company's ability to sustain the recent 0.9% year-over-year revenue growth against the backdrop of a $153.5 million retained earnings deficit.
Verdict Logic
while the company holds a robust liquidity position with $99.3 million in cash, the inconsistent profitability and historical net margin volatility suggest that the current 40.69 P/E multiple may not fully reflect the underlying operational risks.
IPI Growth Metrics
Intrepid Potash, Inc. (IPI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years0.38%
5 Years8.66%
3 Years-4.04%
TTM9.55%
Profit CAGR
10 Years-
5 Years-
3 Years-46.3%
TTM106.82%
EPS CAGR
10 Years-
5 Years-
3 Years-45.91%
TTM106.65%
Return on Capital
10 Years0.09%
5 Years2.48%
3 Years-2.12%
Last Year2.73%
IPI Recent Earnings
Intrepid Potash, Inc. (IPI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (36%)●Beat Revenue 8/12 qtrs (73%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.62+29.2%
$0.48
Rev
$99M+11.8%
$88M
Q2 2026
Mar 4, 2026Metric
Actual
Est
EPS
$0.49+88.5%
$0.26
Rev
$76M+16.3%
$65M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$0.11-15.4%
$0.13
Rev
$53M-18.4%
$65M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.45+164.7%
$0.17
Rev
$71M+16.0%
$62M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.62vs $0.48+29.2% | $99Mvs $88M+11.8% |
| Q2 2026 | Mar 4, 2026 | $0.49vs $0.26+88.5% | $76Mvs $65M+16.3% |
| Q4 2025 | Nov 5, 2025 | $0.11vs $0.13-15.4% | $53Mvs $65M-18.4% |
| Q3 2025 | Aug 6, 2025 | $0.45vs $0.17+164.7% | $71Mvs $62M+16.0% |
Based on last 12 quarters of dataView full earnings history →
Latest IPI News
Recent stock market news and headlines for Intrepid Potash, Inc. (IPI)
GuruFocus·Jun 16, 2026
Intrepid Potash Inc (IPI) Shares Fall 4.7% -- What GF Score of 70 Tells InvestorsOn June 16, 2026, Intrepid Potash Inc (IPI) shares fell 4.7%, bringing the current price to $34.19. The stock has experienced a significant decline recently, wi
Zacks Investment Research·Jun 16, 2026
Are Basic Materials Stocks Lagging Intrepid Potash (IPI) This Year?Here is how Intrepid Potash (IPI) and Nucor (NUE) have performed compared to their sector so far this year.
Business Wire·Jun 15, 2026
Intrepid Potash Announces Appointment of Jason Tremblay as Chief Financial OfficerDENVER--(BUSINESS WIRE)--Intrepid Potash, Inc. (“Intrepid”, “the Company”, “we”, “us”, or “our”) (NYSE:IPI) today announced the appointment of Jason Tremblay as Chief Financial Officer, effective June 15, 2026. Mr. Tremblay brings nearly three decades of leadership experience across finance, strategy, operations, and business transformation within the mining, agriculture, and crop nutrition industries. Mr. Tremblay joins Intrepid from The Mosaic Company (NYSE: MOS), where he most recently serve.
Peers Comparison
Key metrics vs top competitors for Intrepid Potash, Inc. (IPI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $35.07 | $471.12M | 41.26 | 17.13% | 3.75% | 2.32% | — | |
| $21.12 | $6.71B | 12.42 | 8.36% | 6.03% | 5.85% | — | |
| $65.32 | $31.43B | 13.78 | 5.33% | 8.6% | 9.47% | — | |
| $114.92 | $17.65B | 12.81 | 19.34% | 23.73% | 22.29% | — | |
| $66.79 | $3.89B | 27.04 | -3.93% | 3.27% | — | — | |
| $2.97 | $84.96M | -1.70 | -5.88% | -8.71% | -21.86% | — |
Compare IPI vs Peers
Intrepid Potash, Inc. (IPI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
IPI SEC Filings & Documents
Intrepid Potash, Inc. (IPI) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 6, 2026·SEC
Material company update
Apr 2, 2026·SEC
Material company update
Mar 16, 2026·SEC
10-K Annual Reports
410-Q Quarterly Reports
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IPI Frequently Asked Questions
Intrepid Potash, Inc. (IPI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Intrepid Potash, Inc.'s revenue?
Intrepid Potash, Inc. (IPI) reported $299.3M in revenue for fiscal year 2025. This represents a 96% increase from $152.7M in 2006.
How fast is Intrepid Potash, Inc. growing?
Intrepid Potash, Inc. (IPI) grew revenue by 17.1% over the past year. This is strong growth.
Is IPI profitable?
Yes, Intrepid Potash, Inc. (IPI) is profitable, generating $14.0M in net income for fiscal year 2025 (3.7% net margin).
Dividend & Returns
What is IPI's return on equity?
Intrepid Potash, Inc. (IPI) has a return on equity (ROE) of 2.3%. This is below average, suggesting room for improvement.
What is Intrepid Potash, Inc.'s free cash flow?
Intrepid Potash, Inc. (IPI) generated $40.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.