Compass Minerals hosted its fiscal 2025 third-quarter earnings call today, reporting total company adjusted EBITDA for the third quarter of $41 million, up 25% from our fiscal 2024 third quarter.  

“Compass Minerals had a strong third quarter that saw year-over-year improvement on a number of performance measures,” said Edward C. Dowling Jr., president and CEO. “In the Salt business, while pricing was relatively flat in both the Highway and C&I businesses, costs declined, which allowed for adjusted EBITDA margin expansion and per-ton growth compared to the same period last year. Our ramp-up of Highway deicing production is underway as we prepare for the coming deicing season. North American bid season is going well and we are seeing improvements in pricing and commitment sizes compared to last year.”

Other fiscal 2025 third-quarter results include:

• Net loss of $17 million for the third quarter of 2025, inclusive of loss on extinguishment of debt, improved from the net loss in the prior year of $43.6 million
• Salt business operating earnings and adjusted EBITDA for the third quarter of 2025 increased 4% and 6%, respectively, on a per-ton basis, with Salt sales volumes up 4% year over year
• Plant Nutrition sales volumes in the third quarter of 2025 were up 21% from the comparable prior year period and we realized increases in operating earnings and adjusted EBITDA on both absolute and per-ton bases

You can find additional details in the press release and the Fiscal 2025 Third-Quarter Business Update posted in the Investor Relations section of the company’s website.