Cabot (CBT) Financials

$78.76 +0.51 (+0.65%)

As of 02:49 PM Eastern

Annual Income Statements for Cabot

This table shows Cabot's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024	9/30/2025
Net Income / (Loss) Attributable to Common Shareholders	-334	147	248	-113	157	-238	250	209	445	380	331
Consolidated Net Income / (Loss)	-326	162	273	-74	186	-221	286	243	484	424	376
Net Income / (Loss) Continuing Operations	-328	161	273	-74	186	-221	286	243	484	424	376
Total Pre-Tax Income	-377	191	299	117	255	-33	406	335	451	529	565
Total Operating Income	-317	247	338	144	306	21	454	389	526	614	621
Total Gross Profit	585	575	657	772	685	500	799	885	839	960	940
Total Revenue	2,871	2,411	2,717	3,242	3,337	2,614	3,409	4,321	3,931	3,994	3,713
Operating Revenue	2,871	2,411	2,717	3,242	3,337	2,614	3,409	4,321	3,931	3,994	3,713
Total Cost of Revenue	2,286	1,836	2,060	2,470	2,652	2,114	2,610	3,436	3,092	3,034	2,773
Operating Cost of Revenue	2,286	1,836	2,060	2,470	2,652	2,114	2,610	3,436	3,092	3,034	2,773
Total Operating Expenses	902	328	319	628	379	479	345	520	313	346	319
Selling, General & Admin Expense	282	275	262	308	290	292	289	258	253	283	260
Research & Development Expense	58	53	57	66	60	57	56	55	57	63	59
Other Special Charges / (Income)	-	-	-	-	-	0.00	0.00	-	3.00	0.00	0.00
Total Other Income / (Expense), net	-60	-56	-39	-27	-51	-54	-48	-30	-75	-85	-56
Interest Expense	53	54	53	54	59	53	49	56	90	81	76
Interest & Investment Income	4.00	5.00	9.00	10	9.00	8.00	8.00	11	31	32	27
Other Income / (Expense), net	-11	-7.00	5.00	17	-1.00	-9.00	-7.00	15	-16	-36	-7.00
Income Tax Expense	-45	33	33	193	70	191	123	102	-28	111	196
Other Gains / (Losses), net	4.00	3.00	7.00	2.00	1.00	3.00	3.00	10	5.00	6.00	7.00
Net Income / (Loss) Attributable to Noncontrolling Interest	8.00	15	25	39	29	17	36	34	39	44	45
Basic Earnings per Share	($5.27)	$2.34	$3.94	($1.85)	$2.64	($4.21)	$4.35	$3.65	$7.79	$6.79	$6.07
Weighted Average Basic Shares Outstanding	63.40M	62.40M	62.30M	61.70M	58.70M	56.60M	56.70M	56.50M	56.10M	55.10M	53.70M
Diluted Earnings per Share	($5.27)	$2.32	$3.91	($1.85)	$2.63	($4.21)	$4.34	$3.62	$7.73	$6.72	$6.02
Weighted Average Diluted Shares Outstanding	63.40M	62.90M	62.70M	61.70M	58.80M	56.60M	56.80M	56.90M	56.50M	55.70M	54.20M
Weighted Average Basic & Diluted Shares Outstanding	63.40M	62.60M	62.90M	594.70M	56.98M	56.60M	56.80M	56.33M	55.31M	54.39M	52.90M
Cash Dividends to Common per Share	$0.88	$1.04	$1.23	$1.29	$1.36	$1.40	$1.40	$1.48	$1.54	$1.66	$1.76

This table shows Cabot's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	234	50	84	109	137	93	94	101	43	73	68
Consolidated Net Income / (Loss)	246	61	97	120	146	104	105	113	54	82	78
Net Income / (Loss) Continuing Operations	246	61	97	120	146	104	105	113	54	82	78
Total Pre-Tax Income	127	94	142	158	135	144	151	155	115	118	120
Total Operating Income	142	136	156	172	150	155	162	167	137	129	129
Total Gross Profit	225	218	246	256	240	235	241	244	220	211	210
Total Revenue	965	958	1,019	1,016	1,001	955	936	923	899	849	904
Operating Revenue	965	958	1,019	1,016	1,001	955	936	923	899	849	904
Total Cost of Revenue	740	740	773	760	761	720	695	679	679	638	694
Operating Cost of Revenue	740	740	773	760	761	720	695	679	679	638	694
Total Operating Expenses	83	82	90	84	90	80	79	77	83	82	81
Selling, General & Admin Expense	69	67	75	68	73	66	64	62	68	69	67
Research & Development Expense	14	15	15	16	17	14	15	15	15	13	14
Other Special Charges / (Income)	-3.00	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00
Total Other Income / (Expense), net	-15	-42	-14	-14	-15	-11	-11	-12	-22	-11	-9.00
Interest Expense	21	22	21	19	19	18	19	19	20	18	18
Interest & Investment Income	9.00	9.00	8.00	8.00	7.00	6.00	7.00	7.00	7.00	7.00	7.00
Other Income / (Expense), net	-3.00	-29	-1.00	-3.00	-3.00	1.00	1.00	0.00	-9.00	0.00	2.00
Income Tax Expense	-118	34	47	40	-10	41	49	43	63	37	44
Other Gains / (Losses), net	1.00	1.00	2.00	2.00	1.00	1.00	3.00	1.00	2.00	1.00	2.00
Net Income / (Loss) Attributable to Noncontrolling Interest	12	11	13	11	9.00	11	11	12	11	9.00	10
Basic Earnings per Share	$4.10	$0.88	$1.50	$1.96	$2.45	$1.69	$1.71	$1.87	$0.80	$1.38	$1.27
Weighted Average Basic Shares Outstanding	56.10M	55.30M	55.40M	55.10M	55.10M	54.30M	54M	53.50M	53.70M	52.70M	52M
Diluted Earnings per Share	$4.08	$0.88	$1.49	$1.94	$2.41	$1.67	$1.69	$1.86	$0.80	$1.37	$1.27
Weighted Average Diluted Shares Outstanding	56.50M	55.80M	55.80M	55.70M	55.70M	55M	54.40M	53.80M	54.20M	52.90M	52.20M
Weighted Average Basic & Diluted Shares Outstanding	55.31M	55.43M	55.26M	54.82M	54.39M	54.22M	53.72M	53.20M	52.90M	52.22M	51.62M
Cash Dividends to Common per Share	-	$0.40	$0.40	$0.43	-	$0.43	$0.43	$0.45	-	$0.45	$0.45

This table details how cash moves in and out of Cabot's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024	9/30/2025
Net Change in Cash & Equivalents	10	123	78	-105	-6.00	-18	19	36	32	-15	35
Net Cash From Operating Activities	499	392	348	298	363	377	257	100	595	692	665
Net Cash From Continuing Operating Activities	499	392	348	298	363	377	257	100	595	692	665
Net Income / (Loss) Continuing Operations	-326	162	273	-74	186	-221	286	243	484	424	376
Consolidated Net Income / (Loss)	-326	162	273	-74	186	-221	286	243	484	424	376
Depreciation Expense	183	161	155	149	148	158	160	146	144	151	154
Non-Cash Adjustments To Reconcile Net Income	606	51	17	250	49	274	41	200	23	84	54
Changes in Operating Assets and Liabilities, net	36	18	-97	-27	-20	166	-230	-489	-56	33	81
Net Cash From Investing Activities	-162	-104	-149	-246	-94	-288	-186	-118	-214	-235	-298
Net Cash From Continuing Investing Activities	-162	-104	-149	-246	-94	-288	-186	-118	-214	-235	-298
Purchase of Property, Plant & Equipment	-141	-112	-147	-229	-224	-200	-195	-211	-244	-241	-274
Acquisitions	-	-	-	-64	-3.00	-92	0.00	-9.00	0.00	0.00	-27
Sale of Property, Plant & Equipment	-	16	-	39	-	-	0.00	18	7.00	0.00	0.00
Divestitures	-	-	-	0.00	135	0.00	0.00	79	6.00	0.00	0.00
Other Investing Activities, net	-21	-8.00	-2.00	-3.00	-2.00	4.00	9.00	5.00	17	6.00	3.00
Net Cash From Financing Activities	-256	-184	-133	-141	-236	-132	-60	145	-403	-415	-336
Net Cash From Continuing Financing Activities	-256	-184	-135	-141	-236	-132	-60	145	-403	-415	-336
Repayment of Debt	-78	-316	-4.00	-255	-320	-410	-222	-372	-138	-31	-57
Repurchase of Common Equity	-101	-45	-61	-142	-173	-44	-3.00	-53	-98	-172	-168
Payment of Dividends	-83	-81	-91	-101	-103	-106	-99	-106	-130	-120	-153
Issuance of Debt	-	248	2.00	339	381	425	258	670	-41	-112	34
Issuance of Common Equity	4.00	10	21	22	4.00	3.00	6.00	6.00	4.00	20	8.00
Effect of Exchange Rate Changes	-71	19	14	-16	-39	25	8.00	-91	54	-57	4.00
Cash Interest Paid	42	51	48	47	47	48	41	46	85	82	79
Cash Income Taxes Paid	78	66	69	84	99	71	93	129	140	136	165

This table details how cash moves in and out of Cabot's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	18	6.00	-38	-9.00	26	-40	30	26	19	-28	22
Net Cash From Operating Activities	138	105	176	207	204	124	73	249	219	126	77
Net Cash From Continuing Operating Activities	138	105	176	207	204	124	73	249	219	126	77
Net Income / (Loss) Continuing Operations	246	61	97	120	146	104	105	113	54	82	78
Consolidated Net Income / (Loss)	246	61	97	120	146	104	105	113	54	82	78
Depreciation Expense	37	41	37	36	37	37	38	39	40	41	49
Non-Cash Adjustments To Reconcile Net Income	6.00	43	20	12	9.00	19	10	13	12	13	-2.00
Changes in Operating Assets and Liabilities, net	-151	-40	22	39	12	-36	-80	84	113	-10	-48
Net Cash From Investing Activities	-75	-54	-41	-51	-89	-104	-70	-65	-59	-69	-109
Net Cash From Continuing Investing Activities	-75	-54	-41	-51	-89	-104	-70	-65	-59	-69	-109
Purchase of Property, Plant & Equipment	-78	-54	-43	-52	-92	-77	-72	-61	-64	-69	-45
Acquisitions	-	0.00	-	-	-	-27	-	-	-	0.00	-66
Other Investing Activities, net	3.00	-	2.00	1.00	3.00	0.00	-	-4.00	5.00	0.00	2.00
Net Cash From Financing Activities	-32	-29	-166	-131	-89	-24	17	-183	-146	-92	53
Net Cash From Continuing Financing Activities	-32	-29	-166	-131	-89	-24	17	-183	-146	-92	53
Repayment of Debt	-2.00	-1.00	-8.00	-21	-1.00	54	142	-105	-93	-10	140
Repurchase of Common Equity	-50	-33	-24	-49	-66	-42	-47	-40	-39	-52	-49
Payment of Dividends	-24	-34	-23	-39	-24	-44	-23	-61	-25	-37	-58
Issuance of Debt	44	32	-117	-24	-3.00	6.00	-55	23	5.00	7.00	20
Effect of Exchange Rate Changes	-13	-16	-7.00	-34	-	-36	10	25	5.00	7.00	1.00

This table presents Cabot's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024	9/30/2025
Total Assets	3,075	3,035	3,338	3,244	3,004	2,781	3,306	3,525	3,604	3,736	3,815
Total Current Assets	1,048	1,047	1,299	1,386	1,210	978	1,425	1,820	1,626	1,605	1,539
Cash & Equivalents	77	200	280	175	169	151	168	206	238	223	258
Note & Lease Receivable	477	456	527	637	530	418	645	836	695	733	671
Inventories, net	397	342	433	-	466	359	523	664	585	552	504
Prepaid Expenses	54	49	59	63	45	50	89	114	108	97	106
Plant, Property, & Equipment, net	1,383	1,290	1,305	1,296	1,348	1,314	1,376	1,270	1,412	1,534	1,711
Plant, Property & Equipment, gross	3,385	3,433	3,602	3,520	3,546	3,686	3,885	3,554	3,827	4,082	4,405
Accumulated Depreciation	2,002	2,143	2,297	2,224	2,198	2,372	2,509	2,284	2,415	2,548	2,694
Total Noncurrent Assets	644	698	734	562	446	489	505	435	566	597	565
Long-Term Investments	57	53	56	52	39	39	40	20	20	23	16
Goodwill	154	152	154	93	90	134	140	129	134	133	134
Intangible Assets	153	140	137	98	96	103	100	63	60	53	55
Noncurrent Deferred & Refundable Income Taxes	152	216	237	134	163	53	53	45	180	216	180
Other Noncurrent Operating Assets	128	137	150	185	58	160	172	178	172	172	180
Total Liabilities & Shareholders' Equity	3,075	3,035	3,338	3,244	3,004	2,781	3,306	3,525	3,604	3,736	3,815
Total Liabilities	1,710	1,637	1,686	1,965	1,870	1,967	2,216	2,493	2,197	2,146	2,110
Total Current Liabilities	441	397	742	952	599	529	1,147	1,105	822	772	957
Short-Term Debt	23	8.00	263	284	40	21	445	354	182	53	274
Accounts Payable	389	364	457	613	537	488	667	707	600	676	648
Current Deferred & Payable Income Tax Liabilities	29	25	22	29	22	20	35	44	40	43	35
Total Noncurrent Liabilities	1,269	1,240	944	1,013	1,271	1,438	1,069	1,388	1,375	1,374	1,153
Long-Term Debt	970	914	661	719	1,024	1,094	717	1,089	1,094	1,087	856
Noncurrent Deferred & Payable Income Tax Liabilities	59	41	38	42	41	58	73	65	50	42	39
Other Noncurrent Operating Liabilities	240	285	245	252	206	286	279	234	231	245	258
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,338	1,372	1,625	1,279	1,134	814	1,090	1,032	1,407	1,590	1,705
Total Preferred & Common Equity	1,234	1,274	1,504	1,154	998	691	947	898	1,264	1,425	1,550
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,234	1,274	1,504	1,154	998	691	947	898	1,264	1,425	1,550
Common Stock	63	62	62	61	57	57	81	57	55	54	53
Retained Earnings	1,478	1,544	1,707	1,417	1,337	989	1,159	1,284	1,574	1,734	1,835
Treasury Stock	-8.00	-7.00	-6.00	-7.00	-5.00	-4.00	-4.00	-4.00	-3.00	-3.00	-3.00
Accumulated Other Comprehensive Income / (Loss)	-299	-325	-259	-317	-391	-351	-289	-439	-362	-360	-335
Noncontrolling Interest	104	98	121	125	136	123	143	134	143	165	155

This table presents Cabot's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	12/31/2022	3/31/2023	6/30/2023	12/31/2023	3/31/2024	6/30/2024	12/31/2024	3/31/2025	6/30/2025	12/31/2025	3/31/2026
Total Assets	3,535	3,519	3,387	3,695	3,596	3,580	3,642	3,784	3,837	3,757	3,897
Total Current Assets	1,800	1,742	1,602	1,692	1,605	1,591	1,496	1,603	1,573	1,457	1,547
Cash & Equivalents	190	205	220	244	206	197	183	213	239	230	252
Note & Lease Receivable	779	767	688	726	744	732	677	739	689	616	657
Inventories, net	704	625	592	617	551	553	536	541	531	503	522
Prepaid Expenses	127	145	102	105	104	109	100	110	114	108	116
Plant, Property, & Equipment, net	1,304	1,353	1,364	1,444	1,427	1,430	1,556	1,603	1,672	1,727	1,751
Plant, Property & Equipment, gross	-	-	-	3,936	3,909	3,907	4,049	4,155	4,330	4,471	4,514
Accumulated Depreciation	-	-	-	2,492	2,482	2,477	2,493	2,552	2,658	2,744	2,763
Total Noncurrent Assets	431	424	421	559	564	559	590	578	592	573	599
Long-Term Investments	21	22	19	21	22	24	13	14	15	17	18
Goodwill	133	136	136	138	137	132	127	128	133	136	136
Intangible Assets	63	63	63	61	59	55	57	55	56	54	53
Noncurrent Deferred & Refundable Income Taxes	44	38	36	166	163	166	211	204	207	179	198
Other Noncurrent Operating Assets	170	165	167	173	183	182	182	177	181	187	194
Total Liabilities & Shareholders' Equity	3,535	3,519	3,387	3,695	3,596	3,580	3,642	3,784	3,837	3,757	3,897
Total Liabilities	2,376	2,287	2,121	2,220	2,089	2,084	2,127	2,194	2,154	2,028	2,210
Total Current Liabilities	984	904	738	830	718	717	747	818	740	874	1,068
Short-Term Debt	319	266	143	214	96	57	109	199	110	272	436
Accounts Payable	630	609	568	585	587	626	599	577	596	575	598
Current Deferred & Payable Income Tax Liabilities	35	29	27	31	35	34	39	42	34	27	34
Total Noncurrent Liabilities	1,392	1,383	1,383	1,390	1,371	1,367	1,380	1,376	1,414	1,154	1,142
Long-Term Debt	1,091	1,094	1,093	1,098	1,088	1,083	1,089	1,090	1,105	854	863
Noncurrent Deferred & Payable Income Tax Liabilities	65	58	60	51	38	40	39	39	40	43	40
Other Noncurrent Operating Liabilities	236	231	230	241	245	244	252	247	269	257	239
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,159	1,232	1,266	1,475	1,507	1,496	1,515	1,590	1,683	1,729	1,687
Total Preferred & Common Equity	1,009	1,099	1,131	1,329	1,367	1,346	1,366	1,427	1,541	1,575	1,568
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,009	1,099	1,131	1,329	1,367	1,346	1,366	1,427	1,541	1,575	1,568
Common Stock	57	56	56	55	55	55	54	54	53	52	52
Retained Earnings	1,314	1,360	1,407	1,582	1,632	1,676	1,772	1,803	1,846	1,836	1,835
Treasury Stock	-4.00	-3.00	-3.00	-3.00	-3.00	-3.00	-3.00	-3.00	-3.00	-3.00	-3.00
Accumulated Other Comprehensive Income / (Loss)	-358	-314	-329	-305	-317	-382	-457	-427	-355	-310	-316
Noncontrolling Interest	150	133	135	146	140	150	149	163	142	154	119

This table displays calculated financial ratios and metrics derived from Cabot's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024	9/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-21.28%	-16.02%	12.69%	19.32%	2.93%	-21.67%	30.41%	26.75%	-9.03%	1.60%	-7.04%
EBITDA Growth	-125.85%	376.55%	24.19%	-37.75%	46.13%	-62.47%	257.06%	-9.39%	18.91%	11.47%	5.35%
EBIT Growth	-191.11%	173.17%	42.92%	-53.06%	89.44%	-96.07%	3,625.00%	-9.62%	26.24%	13.33%	6.23%
NOPAT Growth	-194.45%	192.08%	47.17%	-131.11%	337.34%	-93.38%	2,052.78%	-14.50%	106.48%	-13.16%	-16.41%
Net Income Growth	-249.54%	149.69%	68.52%	-127.11%	351.35%	-218.82%	229.41%	-15.04%	99.18%	-12.40%	-11.32%
EPS Growth	-273.93%	144.02%	68.53%	-147.31%	242.16%	-260.08%	203.09%	-16.59%	113.54%	-13.07%	-10.42%
Operating Cash Flow Growth	58.41%	-21.44%	-11.22%	-14.37%	21.81%	3.86%	-31.83%	-61.09%	495.00%	16.30%	-3.90%
Free Cash Flow Firm Growth	61.28%	-37.93%	-64.66%	-28.38%	213.79%	-7.42%	-95.69%	472.15%	483.69%	11.37%	-22.90%
Invested Capital Growth	-26.55%	-7.06%	8.37%	-8.26%	-3.16%	-12.61%	17.54%	10.03%	7.83%	2.43%	3.10%
Revenue Q/Q Growth	-7.71%	-2.11%	3.98%	4.08%	-0.68%	-6.04%	7.74%	5.06%	-3.60%	0.91%	-2.67%
EBITDA Q/Q Growth	-47.96%	4.70%	3.11%	4.73%	-5.43%	-46.88%	33.11%	17.77%	-3.82%	1.11%	-2.04%
EBIT Q/Q Growth	-13.49%	10.09%	4.26%	15.83%	-9.50%	-92.73%	50.00%	29.07%	-5.20%	1.40%	-3.00%
NOPAT Q/Q Growth	-9.69%	2.29%	7.30%	24.20%	-23.38%	-87.26%	1,475.44%	36.08%	43.78%	-19.48%	-19.00%
Net Income Q/Q Growth	1.51%	8.00%	10.53%	23.71%	-25.00%	-363.10%	2,006.67%	38.07%	41.94%	-19.08%	-19.66%
EPS Q/Q Growth	3.48%	5.45%	9.52%	17.78%	-27.15%	-475.89%	561.70%	47.15%	45.57%	-19.90%	-21.10%
Operating Cash Flow Q/Q Growth	22.30%	-24.03%	20.83%	-0.67%	13.08%	-20.63%	0.39%	5.26%	5.87%	10.54%	2.31%
Free Cash Flow Firm Q/Q Growth	-8.29%	-17.27%	-40.95%	365.84%	25.47%	14.35%	138.18%	737.96%	8.54%	-5.40%	20.93%
Invested Capital Q/Q Growth	-5.24%	-2.04%	3.04%	-1.44%	-7.27%	-14.29%	0.39%	0.99%	7.16%	2.86%	-3.14%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	20.38%	23.85%	24.18%	23.81%	20.53%	19.13%	23.44%	20.48%	21.34%	24.04%	25.32%
EBITDA Margin	-5.05%	16.63%	18.33%	9.56%	13.58%	6.50%	17.81%	12.73%	16.64%	18.25%	20.68%
Operating Margin	-11.04%	10.24%	12.44%	4.44%	9.17%	0.80%	13.32%	9.00%	13.38%	15.37%	16.73%
EBIT Margin	-11.42%	9.95%	12.62%	4.97%	9.14%	0.46%	13.11%	9.35%	12.97%	14.47%	16.54%
Profit (Net Income) Margin	-11.35%	6.72%	10.05%	-2.28%	5.57%	-8.45%	8.39%	5.62%	12.31%	10.62%	10.13%
Tax Burden Percent	86.47%	84.82%	91.30%	-63.25%	72.94%	669.70%	70.44%	72.54%	107.32%	80.15%	66.55%
Interest Burden Percent	114.94%	79.58%	87.17%	72.67%	83.61%	-275.00%	90.83%	82.92%	88.43%	91.52%	92.02%
Effective Tax Rate	0.00%	17.28%	11.04%	164.96%	27.45%	0.00%	30.30%	30.45%	-6.21%	20.98%	34.69%
Return on Invested Capital (ROIC)	-8.45%	9.52%	13.96%	-4.36%	10.98%	0.79%	16.73%	12.60%	23.90%	19.77%	16.08%
ROIC Less NNEP Spread (ROIC-NNEP)	-20.04%	3.98%	9.56%	-1.49%	6.56%	-25.68%	13.49%	10.07%	17.22%	13.37%	12.70%
Return on Net Nonoperating Assets (RNNOA)	-10.42%	2.20%	3.94%	-0.69%	4.44%	-23.48%	13.31%	10.30%	15.78%	8.53%	6.74%
Return on Equity (ROE)	-18.87%	11.73%	17.90%	-5.05%	15.42%	-22.69%	30.04%	22.90%	39.69%	28.30%	22.82%
Cash Return on Invested Capital (CROIC)	22.17%	16.84%	5.93%	4.26%	14.19%	14.25%	0.61%	3.05%	16.37%	17.36%	13.03%
Operating Return on Assets (OROA)	-9.16%	7.86%	10.76%	4.89%	9.76%	0.41%	14.69%	11.83%	14.31%	15.75%	16.26%
Return on Assets (ROA)	-9.11%	5.30%	8.57%	-2.25%	5.95%	-7.64%	9.40%	7.11%	13.58%	11.55%	9.96%
Return on Common Equity (ROCE)	-17.34%	10.64%	16.31%	-4.58%	13.75%	-19.67%	25.85%	19.91%	35.18%	25.39%	20.61%
Return on Equity Simple (ROE_SIMPLE)	-26.42%	12.72%	18.15%	-6.41%	18.64%	-31.98%	30.20%	27.06%	38.29%	29.75%	0.00%
Net Operating Profit after Tax (NOPAT)	-222	204	301	-94	222	15	316	271	559	485	406
NOPAT Margin	-7.73%	8.47%	11.07%	-2.89%	6.65%	0.56%	9.28%	6.26%	14.21%	12.15%	10.92%
Net Nonoperating Expense Percent (NNEP)	11.59%	5.54%	4.41%	-2.86%	4.41%	26.47%	3.24%	2.54%	6.68%	6.40%	3.38%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	-	14.31%
Cost of Revenue to Revenue	79.62%	76.15%	75.82%	76.19%	79.47%	80.87%	76.56%	79.52%	78.66%	75.96%	74.68%
SG&A Expenses to Revenue	9.82%	11.41%	9.64%	9.50%	8.69%	11.17%	8.48%	5.97%	6.44%	7.09%	7.00%
R&D to Revenue	2.02%	2.20%	2.10%	2.04%	1.80%	2.18%	1.64%	1.27%	1.45%	1.58%	1.59%
Operating Expenses to Revenue	31.42%	13.60%	11.74%	19.37%	11.36%	18.32%	10.12%	12.03%	7.96%	8.66%	8.59%
Earnings before Interest and Taxes (EBIT)	-328	240	343	161	305	12	447	404	510	578	614
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-145	401	498	310	453	170	607	550	654	729	768
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.30	2.11	1.95	2.88	2.33	2.71	2.84	3.85	3.01	4.30	2.61
Price to Tangible Book Value (P/TBV)	1.72	2.74	2.41	3.45	2.86	4.12	3.80	4.90	3.56	4.95	2.97
Price to Revenue (P/Rev)	0.56	1.12	1.08	1.03	0.70	0.72	0.79	0.80	0.97	1.53	1.09
Price to Earnings (P/E)	0.00	18.32	11.80	0.00	14.81	0.00	10.74	16.54	8.55	16.13	12.22
Dividend Yield	3.46%	2.41%	2.62%	2.39%	3.38%	4.23%	2.96%	2.41%	2.26%	1.49%	2.31%
Earnings Yield	0.00%	5.46%	8.47%	0.00%	6.75%	0.00%	9.31%	6.05%	11.70%	6.20%	8.18%
Enterprise Value to Invested Capital (EV/IC)	1.16	1.69	1.64	2.06	1.67	1.68	1.85	2.14	2.05	2.89	1.97
Enterprise Value to Revenue (EV/Rev)	0.90	1.45	1.35	1.30	0.99	1.12	1.11	1.11	1.26	1.80	1.36
Enterprise Value to EBITDA (EV/EBITDA)	0.00	8.69	7.36	13.63	7.32	17.17	6.23	8.74	7.59	9.86	6.58
Enterprise Value to EBIT (EV/EBIT)	0.00	14.52	10.68	26.24	10.88	243.22	8.46	11.90	9.74	12.43	8.24
Enterprise Value to NOPAT (EV/NOPAT)	0.00	17.06	12.18	0.00	14.94	198.55	11.95	17.77	8.89	14.81	12.47
Enterprise Value to Operating Cash Flow (EV/OCF)	5.19	8.89	10.53	14.17	9.14	7.74	14.72	48.08	8.34	10.39	7.60
Enterprise Value to Free Cash Flow (EV/FCFF)	4.45	9.65	28.69	46.18	11.56	10.98	330.07	73.34	12.98	16.86	15.39
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.73	0.66	0.56	0.78	0.94	1.37	1.07	1.40	0.91	0.72	0.66
Long-Term Debt to Equity	0.71	0.65	0.40	0.56	0.90	1.34	0.66	1.06	0.78	0.68	0.50
Financial Leverage	0.52	0.55	0.41	0.47	0.68	0.91	0.99	1.02	0.92	0.64	0.53
Leverage Ratio	2.07	2.21	2.09	2.25	2.59	2.97	3.20	3.22	2.92	2.45	2.29
Compound Leverage Factor	2.38	1.76	1.82	1.63	2.16	-8.17	2.90	2.67	2.58	2.24	2.11
Debt to Total Capital	42.11%	39.74%	35.87%	43.95%	48.41%	57.80%	51.60%	58.30%	47.56%	41.76%	39.86%
Short-Term Debt to Total Capital	0.98%	0.34%	10.21%	12.45%	1.82%	1.09%	19.76%	14.30%	6.78%	1.94%	9.66%
Long-Term Debt to Total Capital	41.14%	39.40%	25.66%	31.51%	46.59%	56.71%	31.84%	44.00%	40.78%	39.82%	30.19%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	5.56%	5.34%	5.75%	5.48%	6.19%	6.38%	6.35%	5.41%	5.33%	6.04%	5.47%
Common Equity to Total Capital	52.33%	54.91%	58.39%	50.57%	45.40%	35.82%	42.05%	36.28%	47.11%	52.20%	54.67%
Debt to EBITDA	-6.85	2.30	1.86	3.24	2.35	6.56	1.91	2.62	1.95	1.56	1.47
Net Debt to EBITDA	-5.92	1.67	1.18	2.50	1.89	5.44	1.57	2.21	1.56	1.23	1.11
Long-Term Debt to EBITDA	-6.69	2.28	1.33	2.32	2.26	6.44	1.18	1.98	1.67	1.49	1.11
Debt to NOPAT	-4.48	4.51	3.07	-10.72	4.79	75.85	3.67	5.33	2.28	2.35	2.79
Net Debt to NOPAT	-3.87	3.27	1.96	-8.30	3.86	62.93	3.01	4.50	1.82	1.84	2.11
Long-Term Debt to NOPAT	-4.37	4.47	2.20	-7.69	4.61	74.42	2.27	4.03	1.96	2.24	2.11
Altman Z-Score	2.05	3.01	3.11	2.95	3.06	2.22	2.80	3.19	3.48	4.21	3.51
Noncontrolling Interest Sharing Ratio	8.10%	9.23%	8.92%	9.31%	10.82%	13.30%	13.97%	13.05%	11.36%	10.28%	9.71%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.38	2.64	1.75	1.46	2.02	1.85	1.24	1.65	1.98	2.08	1.61
Quick Ratio	1.26	1.65	1.09	0.85	1.17	1.08	0.71	0.94	1.14	1.24	0.97
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	582	361	128	91	287	266	11	66	383	426	329
Operating Cash Flow to CapEx	353.90%	408.33%	236.73%	156.84%	162.05%	188.50%	131.79%	51.81%	251.05%	287.14%	242.70%
Free Cash Flow to Firm to Interest Expense	10.98	6.69	2.41	1.69	4.86	5.01	0.23	1.17	4.25	5.26	4.32
Operating Cash Flow to Interest Expense	9.42	7.26	6.57	5.52	6.15	7.11	5.24	1.79	6.61	8.54	8.75
Operating Cash Flow Less CapEx to Interest Expense	6.75	5.48	3.79	2.00	2.36	3.34	1.27	-1.66	3.98	5.57	5.14
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.80	0.79	0.85	0.99	1.07	0.90	1.12	1.27	1.10	1.09	0.98
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	5.11	4.97	5.32	0.00	0.00	5.12	5.92	5.79	4.95	5.34	5.25
Fixed Asset Turnover	1.94	1.80	2.09	2.49	2.52	1.96	2.53	3.27	2.93	2.71	2.29
Accounts Payable Turnover	5.07	4.88	5.02	4.62	4.61	4.12	4.52	5.00	4.73	4.76	4.19
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	71.45	73.46	68.66	0.00	0.00	71.22	61.67	63.05	73.72	68.39	69.50
Days Payable Outstanding (DPO)	71.93	74.85	72.73	79.06	79.14	88.49	80.76	72.98	77.14	76.75	87.14
Cash Conversion Cycle (CCC)	-0.48	-1.39	-4.08	-79.06	-79.14	-17.27	-19.09	-9.93	-3.42	-8.36	-17.64
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,224	2,067	2,240	2,055	1,990	1,739	2,044	2,249	2,425	2,484	2,561
Invested Capital Turnover	1.09	1.12	1.26	1.51	1.65	1.40	1.80	2.01	1.68	1.63	1.47
Increase / (Decrease) in Invested Capital	-804	-157	173	-185	-65	-251	305	205	176	59	77
Enterprise Value (EV)	2,588	3,486	3,663	4,224	3,318	2,919	3,782	4,808	4,965	7,187	5,057
Market Capitalization	1,598	2,693	2,927	3,323	2,326	1,871	2,685	3,457	3,804	6,128	4,046
Book Value per Share	$19.61	$20.42	$24.17	$18.75	$17.27	$12.24	$16.70	$15.95	$22.60	$25.99	$29.13
Tangible Book Value per Share	$14.73	$15.74	$19.49	$15.64	$14.05	$8.04	$12.46	$12.54	$19.13	$22.60	$25.58
Total Capital	2,358	2,320	2,576	2,282	2,198	1,929	2,252	2,475	2,683	2,730	2,835
Total Debt	993	922	924	1,003	1,064	1,115	1,162	1,443	1,276	1,140	1,130
Total Long-Term Debt	970	914	661	719	1,024	1,094	717	1,089	1,094	1,087	856
Net Debt	859	669	588	776	856	925	954	1,217	1,018	894	856
Capital Expenditures (CapEx)	141	96	147	190	224	200	195	193	237	241	274
Debt-free, Cash-free Net Working Capital (DFCFNWC)	553	458	540	543	482	319	555	863	748	663	598
Debt-free Net Working Capital (DFNWC)	630	658	820	718	651	470	723	1,069	986	886	856
Net Working Capital (NWC)	607	650	557	434	611	449	278	715	804	833	582
Net Nonoperating Expense (NNE)	104	42	28	-20	36	236	30	28	75	61	30
Net Nonoperating Obligations (NNO)	859	669	588	776	856	925	954	1,217	1,018	894	856
Total Depreciation and Amortization (D&A)	183	161	155	149	148	158	160	146	144	151	154
Debt-free, Cash-free Net Working Capital to Revenue	19.26%	19.00%	19.87%	16.75%	14.44%	12.20%	16.28%	19.97%	19.03%	16.60%	16.11%
Debt-free Net Working Capital to Revenue	21.94%	27.29%	30.18%	22.15%	19.51%	17.98%	21.21%	24.74%	25.08%	22.18%	23.05%
Net Working Capital to Revenue	21.14%	26.96%	20.50%	13.39%	18.31%	17.18%	8.15%	16.55%	20.45%	20.86%	15.67%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($5.27)	$2.38	$3.83	($1.85)	$2.64	($4.21)	$4.35	$3.65	$7.79	$6.79	$6.07
Adjusted Weighted Average Basic Shares Outstanding	63.40M	62.40M	62.30M	61.70M	58.70M	56.60M	56.70M	56.50M	56.10M	55.10M	53.70M
Adjusted Diluted Earnings per Share	($5.27)	$2.36	$3.80	($1.85)	$2.63	($4.21)	$4.34	$3.62	$7.73	$6.72	$6.02
Adjusted Weighted Average Diluted Shares Outstanding	63.40M	62.90M	62.70M	61.70M	58.80M	56.60M	56.80M	56.90M	56.50M	55.70M	54.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	62.57M	62.33M	61.95M	60.03M	56.98M	56.60M	56.80M	56.33M	55.31M	54.39M	52.90M
Normalized Net Operating Profit after Tax (NOPAT)	172	204	301	279	243	106	316	415	370	485	406
Normalized NOPAT Margin	5.97%	8.47%	11.07%	8.59%	7.28%	4.04%	9.28%	9.59%	9.42%	12.15%	10.92%
Pre Tax Income Margin	-13.13%	7.92%	11.00%	3.61%	7.64%	-1.26%	11.91%	7.75%	11.47%	13.24%	15.22%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-6.19	4.44	6.47	2.98	5.17	0.23	9.12	7.21	5.67	7.14	8.08
NOPAT to Interest Expense	-4.19	3.78	5.67	-1.73	3.76	0.28	6.46	4.83	6.21	5.99	5.34
EBIT Less CapEx to Interest Expense	-8.85	2.67	3.70	-0.54	1.37	-3.55	5.14	3.77	3.03	4.16	4.47
NOPAT Less CapEx to Interest Expense	-6.85	2.01	2.90	-5.25	-0.03	-3.50	2.48	1.39	3.57	3.01	1.73
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-25.46%	50.00%	33.33%	-136.49%	55.38%	-47.96%	34.62%	43.62%	26.86%	28.30%	40.69%
Augmented Payout Ratio	-56.44%	77.78%	55.68%	-328.38%	148.39%	-67.87%	35.66%	65.43%	47.11%	68.87%	85.37%

This table displays calculated financial ratios and metrics derived from Cabot's official financial filings.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	52,221,604.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	52,221,604.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.30
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-13.22%	-0.73%	-1.36%	4.96%	3.73%	-0.31%	-8.15%	-9.15%	-10.19%	-11.10%	-3.42%
EBITDA Growth	-12.87%	9.63%	20.00%	12.02%	4.55%	30.41%	4.69%	0.49%	-8.70%	-11.92%	-10.45%
EBIT Growth	-16.77%	7.00%	25.00%	14.97%	5.76%	45.79%	5.16%	-1.18%	-12.93%	-17.31%	-19.63%
NOPAT Growth	147.12%	8.51%	9.87%	25.09%	-41.19%	27.72%	4.85%	-6.06%	-61.55%	-20.13%	-25.34%
Net Income Growth	138.84%	-7.58%	18.29%	33.33%	-40.65%	70.49%	8.25%	-5.83%	-63.01%	-21.15%	-25.71%
EPS Growth	145.78%	-5.38%	15.50%	35.66%	-40.93%	89.77%	13.42%	-4.12%	-66.81%	-17.96%	-24.85%
Operating Cash Flow Growth	31.43%	101.92%	8.64%	-14.81%	47.83%	18.10%	-58.52%	20.29%	7.35%	1.61%	5.48%
Free Cash Flow Firm Growth	204.03%	44.47%	106.50%	-135.30%	4.26%	250.10%	-1,349.88%	-360.11%	-114.74%	-102.11%	122.24%
Invested Capital Growth	7.83%	6.96%	4.14%	6.72%	2.43%	-0.20%	7.67%	9.48%	3.10%	3.62%	2.41%
Revenue Q/Q Growth	-0.31%	-0.73%	6.37%	-0.29%	-1.48%	-4.60%	-1.99%	-1.39%	-2.60%	-5.56%	6.48%
EBITDA Q/Q Growth	-3.83%	-15.91%	29.73%	6.77%	-10.24%	4.89%	4.15%	2.49%	-18.45%	1.19%	5.88%
EBIT Q/Q Growth	-5.44%	-23.02%	44.86%	9.03%	-13.02%	6.12%	4.49%	2.45%	-23.35%	0.78%	1.55%
NOPAT Q/Q Growth	166.76%	-68.31%	20.23%	23.08%	25.42%	-31.19%	-1.30%	10.27%	-48.66%	42.94%	-7.74%
Net Income Q/Q Growth	173.33%	-75.20%	59.02%	23.71%	21.67%	-28.77%	0.96%	7.62%	-52.21%	51.85%	-4.88%
EPS Q/Q Growth	185.31%	-78.43%	69.32%	30.20%	24.23%	-30.71%	1.20%	10.06%	-56.99%	71.25%	-7.30%
Operating Cash Flow Q/Q Growth	-43.21%	-23.91%	67.62%	17.61%	-1.45%	-39.22%	-41.13%	241.10%	-12.05%	-42.47%	-38.89%
Free Cash Flow Firm Q/Q Growth	46.85%	-178.82%	108.25%	-469.83%	533.70%	13.47%	-168.67%	-36.14%	86.11%	83.73%	822.70%
Invested Capital Q/Q Growth	7.16%	4.00%	-2.34%	-1.95%	2.86%	1.33%	5.36%	-0.30%	-3.14%	1.84%	4.14%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	23.32%	22.76%	24.14%	25.20%	23.98%	24.61%	25.75%	26.44%	24.47%	24.85%	23.23%
EBITDA Margin	18.24%	15.45%	18.84%	20.18%	18.38%	20.21%	21.47%	22.32%	18.69%	20.02%	19.91%
Operating Margin	14.72%	14.20%	15.31%	16.93%	14.99%	16.23%	17.31%	18.09%	15.24%	15.19%	14.27%
EBIT Margin	14.40%	11.17%	15.21%	16.63%	14.69%	16.34%	17.41%	18.09%	14.24%	15.19%	14.49%
Profit (Net Income) Margin	25.49%	6.37%	9.52%	11.81%	14.59%	10.89%	11.22%	12.24%	6.01%	9.66%	8.63%
Tax Burden Percent	193.70%	64.89%	68.31%	75.95%	108.15%	72.22%	69.54%	72.90%	46.96%	69.49%	65.00%
Interest Burden Percent	91.37%	87.85%	91.61%	93.49%	91.84%	92.31%	92.64%	92.81%	89.84%	91.47%	91.60%
Effective Tax Rate	-92.91%	36.17%	33.10%	25.32%	-7.41%	28.47%	32.45%	27.74%	54.78%	31.36%	36.67%
Return on Invested Capital (ROIC)	47.75%	14.57%	16.59%	21.39%	26.19%	18.39%	17.86%	19.72%	10.14%	14.68%	12.04%
ROIC Less NNEP Spread (ROIC-NNEP)	45.25%	12.27%	15.88%	20.51%	24.61%	17.72%	17.43%	18.90%	9.23%	13.98%	11.68%
Return on Net Nonoperating Assets (RNNOA)	41.46%	10.47%	12.11%	14.23%	15.70%	12.14%	11.35%	11.18%	4.90%	8.11%	7.46%
Return on Equity (ROE)	89.21%	25.04%	28.70%	35.62%	41.89%	30.53%	29.22%	30.90%	15.05%	22.79%	19.49%
Cash Return on Invested Capital (CROIC)	16.37%	16.80%	19.94%	19.26%	17.36%	20.20%	12.50%	10.74%	13.03%	11.40%	10.85%
Operating Return on Assets (OROA)	15.89%	12.12%	16.72%	18.90%	15.98%	17.77%	18.44%	18.61%	14.00%	14.81%	13.49%
Return on Assets (ROA)	28.11%	6.91%	10.46%	13.42%	15.87%	11.85%	11.88%	12.59%	5.91%	9.42%	8.03%
Return on Common Equity (ROCE)	79.08%	22.23%	25.84%	31.95%	37.59%	27.52%	26.36%	28.06%	13.59%	20.66%	17.82%
Return on Equity Simple (ROE_SIMPLE)	0.00%	36.04%	36.14%	38.93%	0.00%	34.19%	33.29%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	274	87	104	128	161	111	109	121	62	89	82
NOPAT Margin	28.39%	9.06%	10.24%	12.64%	16.10%	11.61%	11.69%	13.07%	6.89%	10.43%	9.04%
Net Nonoperating Expense Percent (NNEP)	2.50%	2.30%	0.71%	0.88%	1.58%	0.67%	0.44%	0.82%	0.91%	0.70%	0.35%
Return On Investment Capital (ROIC_SIMPLE)	-	3.11%	-	-	-	4.09%	3.80%	4.16%	2.19%	3.10%	2.74%
Cost of Revenue to Revenue	76.68%	77.24%	75.86%	74.80%	76.02%	75.39%	74.25%	73.56%	75.53%	75.15%	76.77%
SG&A Expenses to Revenue	7.15%	6.99%	7.36%	6.69%	7.29%	6.91%	6.84%	6.72%	7.56%	8.13%	7.41%
R&D to Revenue	1.45%	1.57%	1.47%	1.57%	1.70%	1.47%	1.60%	1.63%	1.67%	1.53%	1.55%
Operating Expenses to Revenue	8.60%	8.56%	8.83%	8.27%	8.99%	8.38%	8.44%	8.34%	9.23%	9.66%	8.96%
Earnings before Interest and Taxes (EBIT)	139	107	155	169	147	156	163	167	128	129	131
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	176	148	192	205	184	193	201	206	168	170	180
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.01	3.45	3.72	3.77	4.30	3.64	3.16	2.61	2.61	2.23	2.51
Price to Tangible Book Value (P/TBV)	3.56	4.06	4.35	4.38	4.95	4.20	3.62	2.98	2.97	2.53	2.85
Price to Revenue (P/Rev)	0.97	1.17	1.30	1.28	1.53	1.24	1.15	1.06	1.09	0.97	1.10
Price to Earnings (P/E)	8.55	10.41	11.31	10.65	16.13	11.74	10.41	9.48	12.22	11.27	13.80
Dividend Yield	2.26%	1.91%	1.74%	1.77%	1.49%	1.85%	2.07%	2.32%	2.31%	2.69%	2.39%
Earnings Yield	11.70%	9.61%	8.84%	9.39%	6.20%	8.52%	9.61%	10.55%	8.18%	8.87%	7.25%
Enterprise Value to Invested Capital (EV/IC)	2.05	2.29	2.51	2.55	2.89	2.43	2.16	1.94	1.97	1.74	1.87
Enterprise Value to Revenue (EV/Rev)	1.26	1.47	1.58	1.55	1.80	1.53	1.47	1.35	1.36	1.26	1.42
Enterprise Value to EBITDA (EV/EBITDA)	7.59	8.67	8.85	8.53	9.86	7.90	7.32	6.55	6.58	6.09	7.02
Enterprise Value to EBIT (EV/EBIT)	9.74	11.19	11.29	10.78	12.43	9.76	9.03	8.11	8.24	7.73	9.15
Enterprise Value to NOPAT (EV/NOPAT)	8.89	10.08	10.68	10.20	14.81	12.14	11.27	10.25	12.47	11.85	14.31
Enterprise Value to Operating Cash Flow (EV/OCF)	8.34	8.93	9.34	9.82	10.39	8.60	9.43	7.90	7.60	6.81	7.57
Enterprise Value to Free Cash Flow (EV/FCFF)	12.98	14.11	12.85	13.64	16.86	12.02	17.94	18.89	15.39	15.54	17.45
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.91	0.89	0.79	0.76	0.72	0.79	0.81	0.72	0.66	0.65	0.77
Long-Term Debt to Equity	0.78	0.74	0.72	0.72	0.68	0.72	0.69	0.66	0.50	0.49	0.51
Financial Leverage	0.92	0.85	0.76	0.69	0.64	0.69	0.65	0.59	0.53	0.58	0.64
Leverage Ratio	2.92	2.74	2.60	2.52	2.45	2.45	2.38	2.33	2.29	2.28	2.34
Compound Leverage Factor	2.67	2.41	2.38	2.36	2.25	2.27	2.21	2.17	2.06	2.09	2.15
Debt to Total Capital	47.56%	47.08%	44.00%	43.25%	41.76%	44.16%	44.77%	41.93%	39.86%	39.44%	43.50%
Short-Term Debt to Total Capital	6.78%	7.68%	3.57%	2.16%	1.94%	4.02%	6.91%	3.80%	9.66%	9.53%	14.60%
Long-Term Debt to Total Capital	40.78%	39.40%	40.43%	41.09%	39.82%	40.14%	37.86%	38.13%	30.19%	29.91%	28.90%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	5.33%	5.24%	5.20%	5.69%	6.04%	5.49%	5.66%	4.90%	5.47%	5.39%	3.99%
Common Equity to Total Capital	47.11%	47.69%	50.80%	51.06%	52.20%	50.35%	49.57%	53.17%	54.67%	55.17%	52.51%
Debt to EBITDA	1.95	1.97	1.69	1.58	1.56	1.55	1.65	1.55	1.47	1.51	1.79
Net Debt to EBITDA	1.56	1.57	1.37	1.27	1.23	1.29	1.36	1.23	1.11	1.18	1.42
Long-Term Debt to EBITDA	1.67	1.65	1.56	1.50	1.49	1.41	1.39	1.41	1.11	1.15	1.19
Debt to NOPAT	2.28	2.29	2.04	1.89	2.35	2.38	2.53	2.43	2.79	2.94	3.66
Net Debt to NOPAT	1.82	1.82	1.65	1.53	1.84	1.99	2.09	1.92	2.11	2.29	2.90
Long-Term Debt to NOPAT	1.96	1.91	1.88	1.80	2.24	2.16	2.14	2.21	2.11	2.23	2.43
Altman Z-Score	3.14	3.28	3.62	3.67	3.83	3.57	3.32	3.19	3.09	2.98	2.90
Noncontrolling Interest Sharing Ratio	11.36%	11.24%	9.97%	10.32%	10.28%	9.87%	9.78%	9.19%	9.71%	9.34%	8.61%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.98	2.04	2.24	2.22	2.08	2.00	1.96	2.13	1.61	1.67	1.45
Quick Ratio	1.14	1.17	1.32	1.30	1.24	1.15	1.16	1.25	0.97	0.97	0.85
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	98	-77	6.37	-24	102	116	-80	-108	-15	-2.45	18
Operating Cash Flow to CapEx	176.92%	194.44%	409.30%	398.08%	221.74%	161.04%	101.39%	408.20%	342.19%	182.61%	171.11%
Free Cash Flow to Firm to Interest Expense	4.66	-3.51	0.30	-1.24	5.37	6.44	-4.19	-5.70	-0.75	-0.14	0.98
Operating Cash Flow to Interest Expense	6.57	4.77	8.38	10.89	10.74	6.89	3.84	13.11	10.95	7.00	4.28
Operating Cash Flow Less CapEx to Interest Expense	2.86	2.32	6.33	8.16	5.89	2.61	0.05	9.89	7.75	3.17	1.78
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.10	1.09	1.10	1.14	1.09	1.09	1.06	1.03	0.98	0.98	0.93
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	4.95	4.61	5.10	5.26	5.34	5.23	5.38	5.27	5.25	5.18	5.06
Fixed Asset Turnover	2.93	2.86	2.81	2.83	2.71	2.66	2.58	2.46	2.29	2.20	2.13
Accounts Payable Turnover	4.73	5.02	5.01	5.05	4.76	5.09	5.04	4.67	4.19	4.58	4.58
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	73.72	79.10	71.59	69.35	68.39	69.82	67.88	69.29	69.50	70.46	72.12
Days Payable Outstanding (DPO)	77.14	72.75	72.81	72.32	76.75	71.69	72.35	78.11	87.14	79.62	79.72
Cash Conversion Cycle (CCC)	-3.42	6.35	-1.22	-2.97	-8.36	-1.88	-4.48	-8.82	-17.64	-9.16	-7.60
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,425	2,522	2,463	2,415	2,484	2,517	2,652	2,644	2,561	2,608	2,716
Invested Capital Turnover	1.68	1.61	1.62	1.69	1.63	1.58	1.53	1.51	1.47	1.41	1.33
Increase / (Decrease) in Invested Capital	176	164	98	152	59	-5.00	189	229	77	91	64
Enterprise Value (EV)	4,965	5,784	6,185	6,147	7,187	6,118	5,733	5,132	5,057	4,539	5,081
Market Capitalization	3,804	4,591	5,089	5,078	6,128	4,967	4,508	4,029	4,046	3,506	3,933
Book Value per Share	$22.60	$24.03	$24.66	$24.36	$25.99	$25.11	$26.32	$28.68	$29.13	$29.77	$30.03
Tangible Book Value per Share	$19.13	$20.43	$21.13	$20.97	$22.60	$21.73	$22.94	$25.17	$25.58	$26.18	$26.41
Total Capital	2,683	2,787	2,691	2,636	2,730	2,713	2,879	2,898	2,835	2,855	2,986
Total Debt	1,276	1,312	1,184	1,140	1,140	1,198	1,289	1,215	1,130	1,126	1,299
Total Long-Term Debt	1,094	1,098	1,088	1,083	1,087	1,089	1,090	1,105	856	854	863
Net Debt	1,018	1,047	956	919	894	1,002	1,062	961	856	879	1,029
Capital Expenditures (CapEx)	78	54	43	52	92	77	72	61	64	69	45
Debt-free, Cash-free Net Working Capital (DFCFNWC)	748	832	777	734	663	675	771	704	598	625	663
Debt-free Net Working Capital (DFNWC)	986	1,076	983	931	886	858	984	943	856	855	915
Net Working Capital (NWC)	804	862	887	874	833	749	785	833	582	583	479
Net Nonoperating Expense (NNE)	28	26	7.37	8.46	15	6.87	4.43	7.67	7.95	6.55	3.70
Net Nonoperating Obligations (NNO)	1,018	1,047	956	919	894	1,002	1,062	961	856	879	1,029
Total Depreciation and Amortization (D&A)	37	41	37	36	37	37	38	39	40	41	49
Debt-free, Cash-free Net Working Capital to Revenue	19.03%	21.20%	19.87%	18.54%	16.60%	16.91%	19.73%	18.45%	16.11%	17.33%	18.55%
Debt-free Net Working Capital to Revenue	25.08%	27.42%	25.14%	23.52%	22.18%	21.50%	25.18%	24.72%	23.05%	23.70%	25.59%
Net Working Capital to Revenue	20.45%	21.97%	22.69%	22.08%	20.86%	18.77%	20.09%	21.83%	15.67%	16.16%	13.40%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.10	$0.88	$1.50	$1.96	$2.45	$1.69	$1.71	$1.87	$0.80	$1.38	$1.27
Adjusted Weighted Average Basic Shares Outstanding	56.10M	55.30M	55.40M	55.10M	55.10M	54.30M	54M	53.50M	53.70M	52.70M	52M
Adjusted Diluted Earnings per Share	$4.08	$0.88	$1.49	$1.94	$2.41	$1.67	$1.69	$1.86	$0.80	$1.37	$1.27
Adjusted Weighted Average Diluted Shares Outstanding	56.50M	55.80M	55.80M	55.70M	55.70M	55M	54.40M	53.80M	54.20M	52.90M	52.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	55.31M	55.43M	55.26M	54.82M	54.39M	54.22M	53.72M	53.20M	52.90M	52.22M	51.62M
Normalized Net Operating Profit after Tax (NOPAT)	97	87	104	128	105	111	109	121	96	89	82
Normalized NOPAT Margin	10.08%	9.06%	10.24%	12.64%	10.49%	11.61%	11.69%	13.07%	10.67%	10.43%	9.04%
Pre Tax Income Margin	13.16%	9.81%	13.94%	15.55%	13.49%	15.08%	16.13%	16.79%	12.79%	13.90%	13.27%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.62	4.86	7.38	8.89	7.74	8.67	8.58	8.79	6.40	7.17	7.28
NOPAT to Interest Expense	13.04	3.95	4.97	6.76	8.48	6.16	5.76	6.35	3.10	4.92	4.54
EBIT Less CapEx to Interest Expense	2.90	2.41	5.33	6.16	2.89	4.39	4.79	5.58	3.20	3.33	4.78
NOPAT Less CapEx to Interest Expense	9.33	1.49	2.92	4.02	3.64	1.88	1.97	3.14	-0.10	1.09	2.04
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	26.86%	26.93%	21.05%	22.90%	28.30%	27.84%	27.37%	32.48%	40.69%	41.24%	55.35%
Augmented Payout Ratio	47.11%	50.73%	45.75%	52.67%	68.87%	66.60%	70.32%	74.15%	85.37%	91.53%	110.40%

Financials Breakdown Chart

Key Financial Trends

Here are key trends for Cabot (NYSE: CBT) based on the last four years of quarterly statements. The bullets categorize potential impacts for investors, with positive items shown first, followed by neutral items, and then negative items.

Net income from continuing operations in Q1 2026 was $82.0 million, marking ongoing quarterly profitability.
Operating cash flow from continuing operations has remained robust in recent quarters, with Q3 2025 at about $249 million and Q4 2024 at about $219 million, underscoring Cabot's strong cash generation.
Diluted earnings per share in Q1 2026 were $1.37, signaling solid earnings power on a per-share basis.
Liquidity appears solid with cash and equivalents around $230 million in Q1 2026 and total current assets near $1.46 billion.
Debt levels have been relatively stable, with long-term debt around $1.0 billion and total liabilities around $2.0 billion, implying a manageable leverage profile given cash flows.
Revenue has remained within a fairly narrow band for quarterly operating revenue (roughly $0.85–$1.02 billion across 2022–2025), indicating a stable top line.
In Q1 2026, Cabot posted a net change in cash and equivalents of about -$28 million, signaling a quarterly cash outflow.
Investing cash outflows remain sizable, with capital expenditures and other investing activities contributing to ongoing negative investing cash flow in several quarters.
Quarterly net income from continuing operations has shown volatility across the four-year window, with pockets of stronger profits and notable dips.
Financing activities have sometimes been negative, reflecting net repayments and share repurchases that modestly dampen near-term cash flow.

05/21/26 12:20 PM ETAI Generated. May Contain Errors.

Cabot Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Cabot's financial year ends in September. Their financial year 2025 ended on September 30, 2025.

Cabot's net income appears to be on an upward trend, with a most recent value of $376 million in 2025, falling from -$326 million in 2015. The previous period was $424 million in 2024. See Cabot's forecast for analyst expectations on what's next for the company.

Cabot's total operating income in 2025 was $621 million, based on the following breakdown:

Total Gross Profit: $940 million
Total Operating Expenses: $319 million

Over the last 10 years, Cabot's total revenue changed from $2.87 billion in 2015 to $3.71 billion in 2025, a change of 29.3%.

Cabot's total liabilities were at $2.11 billion at the end of 2025, a 1.7% decrease from 2024, and a 23.4% increase since 2015.

In the past 10 years, Cabot's cash and equivalents has ranged from $77 million in 2015 to $280 million in 2017, and is currently $258 million as of their latest financial filing in 2025.

Over the last 10 years, Cabot's book value per share changed from 19.61 in 2015 to 29.13 in 2025, a change of 48.5%.

Related Companies

Financial statements for NYSE:CBT last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Cabot (CBT) Financials

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When does Cabot's fiscal year end?

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What is Cabot's operating income?

How has Cabot's revenue changed over the last 10 years?

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How has Cabot's book value per share changed over the last 10 years?

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