Here are the 10-K annual reports from Compass Minerals International, Inc. (CMP) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow CMP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CMP filings page.
Compass Minerals International, Inc. outlines a back-to-basics plan aimed at boosting cash flow and returns from its core Salt and Plant Nutrition segments. The company exited its non-core Fortress fire retardant business in 2025, selling substantially all related assets and terminating Fortress employees to sharpen its focus.
Management highlights aggressive cost and capital discipline: SG&A expenses fell 17.8% (a $24.5 million reduction) and capital expenditures declined 39% (down $44.5 million) year over year. Compass also freed nearly $117 million of working capital from finished goods inventory.
To simplify its balance sheet, the company issued $650.0 million of 8.00% Senior Notes due 2030, using proceeds to repay its senior secured credit facility and redeem about $350.0 million of 6.75% Senior Notes due 2027 at a small premium. The board suspended cash dividends for the foreseeable future to prioritize debt reduction and cash generation while continuing to leverage leading positions in deicing salt and sulfate of potash.