IPI
Intrepid Potash, Inc.
IPI's fundamentals are mixed, but it looks expensive: trading at 18x earnings, above its usual 13x. Analysts expect strong earnings growth.
IPI Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Strong |
IPI's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
IPI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 2.2x | $3.94 | -88% |
| Forward | 12x | $33.34 | — |
| Fair | 13x | $23.14 | -31% |
| Current | 18x | $33.34 | — |
| Expensive | 44x | $80.13 | +140% |
Historical ranges are pointers, not guarantees.
IPI's PE is in its fair range at 18x. If earnings grow as analysts expect, today's price would be 12x next year's earnings.
IPI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for IPI, with profitability improving.
IPI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.84 | +55% |
| Q3 2026 | $1.83 | +$17.04 |
| Q2 2026 | $1.98 | +$17.61 |
| Q1 2026 | $1.06 | +$17.00 |
| Q4 2025 | $0.85 | +$17.38 |
| Q3 2025 | -$15.21 | -$11.85 |
| Q2 2025 | -$15.63 | -$11.85 |
| Q1 2025 | -$15.94 | -$12.55 |
| Q4 2024 | -$16.53 | -$13.73 |
IPI has returned to profit: it earned $1.83 per share over the past year, after losing money the year before.
IPI Quarterly Revenue
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.4% | N/A |
| Q2 2026 | 1.6% | N/A |
| Q1 2026 | 6.3% | N/A |
IPI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$15.9M | -$4.2M |
| Q2 2026 | $25.9M | -28% |
| Q1 2026 | $18M | +582% |
| Q4 2025 | -$1.2M | -182% |
| Q3 2025 | -$11.7M | +$2.2M |
| Q2 2025 | $35.8M | +118% |
| Q1 2025 | $2.6M | -91% |
| Q4 2024 | $1.4M | +$3.4M |
IPI usually generates cash, though not every quarter: the latest was −$16M, but it generated $27M over the past year.
IPI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +8K shares |
| 1 year | +0.7% | +90K shares |
| 3 years | +3.8% | +491K shares |
| 5 years | -0.7% | -87K shares |
| Available history | +1.3% | +175K shares |
IPI has 13M diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q4 2022 | $19.1M |
IPI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -3.3x | Net Cash |
| Q2 2026 | -3.8x | Net Cash |
| Q1 2026 | -1.9x | Net Cash |
| Q4 2025 | -1.6x | Net Cash |
| Q3 2025 | -1.9x | Net Cash |
| Q2 2025 | -2.5x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -2.3x | Net Cash |
IPI has more cash than debt.
IPI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.1 | Neutral |
| Stochastic | 26.5 | Neutral |
IPI's weekly RSI is 46 (neutral) and its Stochastic is 26 (neutral).
IPI PE vs Basic Materials Sector
| Metric | IPI | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 19x | 2.1% below |
| PE % | 65 | 40 | 25 pts above |
IPI is trading at 18x earnings, in line with the Basic Materials sector's median of 19x.
IPI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $32.6 | 2.3% above |
| 20 week MA | $34.9 | 4.4% below |
| 50 week MA | $35.3 | 5.6% below |
| 100 week MA | $32.4 | 2.9% above |
| 200 week MA | $28.2 | 18% above |
IPI's trend is mixed: it's above three of its five weekly moving averages, and 18% above its 200-week average.
IPI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.5 | $15.7 | -38% |
| 2021 | $15.7 | $43.3 | +176% |
| 2022 | $43.3 | $28.9 | -33% |
| 2023 | $28.9 | $23.9 | -17% |
| 2024 | $23.9 | $21.8 | -8.8% |
| 2025 | $21.8 | $28.5 | +31% |
| 2026 YTD | $28.5 | $33.3 | +17% |
IPI has finished lower in four of the last six years. It's up 17% so far in 2026.