IPIIntrepid Potash, Inc.
Mining & Quarrying Of Nonmetallic Minerals (no Fuels)
- Revenue
- $298M
- 17% YoY
- Operating margin
- 3.6%
- 146% YoY
- EBITDA
- $51M
- 187% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -3.3×
- −$170M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear498% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | — | — | $279M | $255M | $298M | 17% |
| Operating income | $32M | $95M | −$44M | −$20M | $11M | 154% |
| Net income | $250M | $72M | −$36M | −$213M | $11M | 105% |
| Operating cash flow | $79M | $89M | $43M | $72M | $56M | 23% |
| Capex | $20M | $69M | $65M | $39M | $30M | 22% |
| Stock-based comp | $3M | $6M | $7M | $4M | $5M | 42% |
| Buybacks | $0 | $22M | $0 | $0 | — |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 115 | 146 |
| FY2024 | — | — | 91 | 124 |
| FY2023 | — | — | 99 | 131 |
| FY2022 | — | — | 120 | 118 |
| FY2021 | — | — | 177 | 128 |