tradmap

IPI Financials Intrepid Potash, Inc.

5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 3.4% per year over the past 4 years.
  • Net income has grown slower than revenue (-54.0% vs 3.4% per year).
  • Free cash flow has declined 19.0% per year over the past 4 years.

Financial health

  • Operating income covered interest expense 46× in the latest year, up from 22× 4 years ago.
Revenue & net income
-$213M $43M $298M $0 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-84% -33% 18% 0% 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-45% -4% 38% 0% 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
-$22M $19M $59M $0 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $42M $84M 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$79M $5M $89M $0 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $298M $11M 18.4% 3.6% 2.3% 1.8% $26M — $84M
2024 $255M -$213M 11.4% -7.8% -44.9% -35.8% $34M — $41M
2023 $279M -$36M 13.2% -15.8% -5.2% -4.6% -$22M — $4M
2022 — $72M — — 10.1% 9.1% $20M — $19M
2021 — $250M — — 37.7% 32.6% $59M — $36M

Valuation over time

How the market has priced IPI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 25.7 51.4 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 1.0 2.0 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is IPI growing its revenue and profit?

Over the past 4 years, Intrepid Potash, Inc.'s revenue has grown 3.4% per year, and net income declined 54.0% per year. These are computed facts, not advice.

How much debt does IPI have?

As of FY2025, Intrepid Potash, Inc. reported — of total debt against $84M of cash; operating income covered interest expense 46×.

What is IPI's profit margin?

In FY2025, gross margin was 18.4%, operating margin 3.6%, and net margin 3.8%.

What is IPI's P/E ratio?

Intrepid Potash, Inc.'s P/E (TTM) is 15.86 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the IPI stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 37.3× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.