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IPI Stock Analysis 2026 - Intrepid Potash, Inc. AI Rating

IPI NYSE Mining & Quarrying of Nonmetallic Minerals (No Fuels) DE CIK: 0001421461
Recently Updated • Analysis: Mar 29, 2026 • SEC Data: 2025-12-31
BUY
72% Conf
Pending
Analysis scheduled

📊 IPI Key Takeaways

Revenue: $298.3M
Net Margin: 3.7%
Free Cash Flow: $25.5M
Current Ratio: 4.38x
Debt/Equity: 0.03x
EPS: $0.85
AI Rating: BUY with 72% confidence

Is IPI a Good Investment? Thesis Analysis

Claude

Intrepid Potash demonstrates strong operational momentum with 17.1% revenue growth and net income nearly doubling YoY, supported by exceptional financial health with minimal leverage (0.03x debt/equity) and fortress-like liquidity (4.38x current ratio). However, thin operating margins of 3.6% and modest ROE/ROA returns indicate the company operates in a cyclical, capital-intensive industry with limited pricing power, making growth sustainability dependent on commodity market conditions.

Why Buy IPI? Key Strengths

Claude
  • + Exceptional financial stability with negligible debt (14.9M LT debt) and substantial cash position (83.5M)
  • + Strong near-term growth trajectory with 17.1% YoY revenue increase and 105% net income growth
  • + Robust liquidity metrics (4.38x current ratio, 2.29x quick ratio) and healthy free cash flow generation (25.5M)
  • + Solid interest coverage (46.0x) demonstrates minimal refinancing risk

IPI Investment Risks to Consider

Claude
  • ! Razor-thin operating margins (3.6%) and net margins (3.7%) indicate commodity-driven business with limited differentiation
  • ! Weak capital efficiency with ROE of 2.3% and ROA of 1.8% despite strong absolute cash generation
  • ! Revenue growth sustainability questionable given potash industry cyclicality and exposure to fertilizer demand volatility
  • ! Capital intensity (30.2M capex annually) constrains return on invested capital in a commoditized sector

Key Metrics to Watch

Claude
  • * Gross margin trends - monitor for margin compression from commodity price weakness
  • * Operating cash flow sustainability - critical given thin operating margins and capex requirements
  • * Debt levels and covenant compliance - ensure financial flexibility maintained during commodity downturns
  • * Return on equity trajectory - current 2.3% ROE is suboptimal and should be monitored for improvement

IPI Financial Metrics

Revenue
$298.3M
Net Income
$11.2M
EPS (Diluted)
$0.85
Free Cash Flow
$25.5M
Total Assets
$632.2M
Cash Position
$83.5M

💡 AI Analyst Insight

Strong liquidity with a 4.38x current ratio provides a solid financial cushion.

IPI Profitability Ratios

Gross Margin 18.4%
Operating Margin 3.6%
Net Margin 3.7%
ROE 2.3%
ROA 1.8%
FCF Margin 8.6%

IPI vs Default Sector

How Intrepid Potash, Inc. compares to Default sector averages

Net Margin
IPI 3.7%
vs
Sector Avg 12.0%
IPI Sector
ROE
IPI 2.3%
vs
Sector Avg 15.0%
IPI Sector
Current Ratio
IPI 4.4x
vs
Sector Avg 1.8x
IPI Sector
Debt/Equity
IPI 0.0x
vs
Sector Avg 0.7x
IPI Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is IPI Overvalued or Undervalued?

Based on fundamental analysis, Intrepid Potash, Inc. has mixed fundamental signals relative to the Default sector in 2026.

Return on Equity
2.3%
Sector avg: 15%
Net Profit Margin
3.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.03x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

IPI Balance Sheet & Liquidity

Current Ratio
4.38x
Quick Ratio
2.29x
Debt/Equity
0.03x
Debt/Assets
22.3%
Interest Coverage
45.97x
Long-term Debt
$14.9M

IPI 5-Year Financial Trend & Growth Analysis

IPI 5-year financial data: Year 2025: Revenue $298.3M, Net Income -$35.7M, EPS $-2.80.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Intrepid Potash, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-2.80 indicates the company is currently unprofitable.

IPI Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
8.6%
Free cash flow / Revenue

IPI Quarterly Performance

Quarterly financial performance data for Intrepid Potash, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2018 $34.0M -$1.9M $-0.02

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

IPI Capital Allocation

Operating Cash Flow
$55.8M
Cash generated from operations
Capital Expenditures
$30.2M
Investment in assets
Dividends
None
No dividend program

IPI SEC 10-K & 10-Q Filing Analysis

Access official SEC EDGAR filings for Intrepid Potash, Inc. (CIK: 0001421461)

📋 Recent SEC Filings

Date Form Document Action
Mar 19, 2026 4 xslF345X06/doc4.xml View →
Mar 19, 2026 4 xslF345X06/doc4.xml View →
Mar 19, 2026 4 xslF345X06/doc4.xml View →
Mar 19, 2026 4 xslF345X06/doc4.xml View →
Mar 17, 2026 4 xslF345X05/doc4.xml View →

Frequently Asked Questions about IPI

What is the AI rating for IPI?

Intrepid Potash, Inc. (IPI) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are IPI's key strengths?

Claude: Exceptional financial stability with negligible debt (14.9M LT debt) and substantial cash position (83.5M). Strong near-term growth trajectory with 17.1% YoY revenue increase and 105% net income growth.

What are the risks of investing in IPI?

Claude: Razor-thin operating margins (3.6%) and net margins (3.7%) indicate commodity-driven business with limited differentiation. Weak capital efficiency with ROE of 2.3% and ROA of 1.8% despite strong absolute cash generation.

What is IPI's revenue and growth?

Intrepid Potash, Inc. reported revenue of $298.3M.

Does IPI pay dividends?

Intrepid Potash, Inc. does not currently pay dividends.

Where can I find IPI SEC filings?

Official SEC filings for Intrepid Potash, Inc. (CIK: 0001421461) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is IPI's EPS?

Intrepid Potash, Inc. has a diluted EPS of $0.85.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is IPI a good stock to buy right now?

Based on our AI fundamental analysis in March 2026, Intrepid Potash, Inc. has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is IPI stock overvalued or undervalued?

Valuation metrics for IPI: ROE of 2.3% (sector avg: 15%), net margin of 3.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy IPI stock in 2026?

Our dual AI analysis gives Intrepid Potash, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is IPI's free cash flow?

Intrepid Potash, Inc.'s operating cash flow is $55.8M, with capital expenditures of $30.2M. FCF margin is 8.6%.

How does IPI compare to other Default stocks?

Vs Default sector averages: Net margin 3.7% (avg: 12%), ROE 2.3% (avg: 15%), current ratio 4.38 (avg: 1.8).

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 29, 2026 | Data as of: 2025-12-31 | Powered by Claude AI