Ecovyst (ECVT) Financials

$6.62 +0.01 (+0.20%)

Closing price 03:59 PM Eastern

Extended Trading

$6.62 +0.00 (+0.03%)

As of 06:20 PM Eastern

Annual Income Statements for Ecovyst

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

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	74	71	-6.65
Consolidated Net Income / (Loss)	74	71	-6.65
Net Income / (Loss) Continuing Operations	70	71	-6.65
Total Pre-Tax Income	95	82	-5.02
Total Operating Income	104	97	98
Total Gross Profit	225	198	202
Total Revenue	820	691	704
Operating Revenue	820	691	704
Total Cost of Revenue	596	493	503
Operating Cost of Revenue	596	493	503
Total Operating Expenses	120	101	103
Selling, General & Admin Expense	120	101	103
Total Other Income / (Expense), net	-9.65	-15	-103
Interest Expense	37	45	54
Interest & Investment Income	28	31	-50
Other Income / (Expense), net	-0.16	-0.61	0.76
Income Tax Expense	25	11	1.63
Net Income / (Loss) Discontinued Operations	3.90	0.00	0.00
Basic Earnings per Share	$0.55	$0.60	($0.06)
Weighted Average Basic Shares Outstanding	133.60M	118.37M	116.72M
Diluted Earnings per Share	$0.55	$0.60	($0.06)
Weighted Average Diluted Shares Outstanding	135.09M	119.49M	116.72M
Weighted Average Basic & Diluted Shares Outstanding	123.19M	116.98M	117.37M

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

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	21	25	-1.47	26	17	30	1.22	8.30	14	-30
Consolidated Net Income / (Loss)	21	25	-1.47	26	17	30	1.22	8.30	14	-30
Net Income / (Loss) Continuing Operations	21	21	-1.47	26	17	30	1.22	8.30	14	-30
Total Pre-Tax Income	30	24	-0.52	35	24	23	2.40	11	19	-38
Total Operating Income	39	22	8.66	33	32	23	14	28	32	25
Total Gross Profit	68	49	36	61	53	47	39	54	55	54
Total Revenue	233	183	161	184	173	173	161	183	179	182
Operating Revenue	233	183	161	184	173	173	161	183	179	182
Total Cost of Revenue	165	133	124	123	120	125	121	129	124	128
Operating Cost of Revenue	165	133	124	123	120	125	121	129	124	128
Total Operating Expenses	29	27	28	28	21	25	25	26	23	29
Selling, General & Admin Expense	29	27	28	28	21	25	25	26	23	29
Total Other Income / (Expense), net	-8.25	2.31	-9.18	1.60	-7.46	0.34	-12	-16	-13	-62
Interest Expense	9.54	10	9.83	9.17	12	14	13	17	11	12
Interest & Investment Income	3.17	10	0.22	11	4.71	14	2.07	1.39	-0.92	-52
Other Income / (Expense), net	-1.87	2.34	0.43	-0.61	-0.36	-0.06	-0.22	-0.41	-0.57	1.95
Income Tax Expense	8.97	2.96	0.95	8.79	7.89	-6.84	1.18	3.08	4.50	-7.13
Basic Earnings per Share	$0.16	$0.19	($0.01)	$0.22	$0.14	$0.25	$0.01	$0.07	$0.12	($0.26)
Weighted Average Basic Shares Outstanding	132.62M	133.60M	122.18M	118.65M	116.45M	118.37M	116.96M	116.91M	116.49M	116.72M
Diluted Earnings per Share	$0.16	$0.19	($0.01)	$0.22	$0.14	$0.25	$0.01	$0.07	$0.12	($0.26)
Weighted Average Diluted Shares Outstanding	134.10M	135.09M	122.18M	119.92M	117.37M	119.49M	117.45M	117.64M	117.19M	116.72M
Weighted Average Basic & Diluted Shares Outstanding	130.25M	123.19M	120.16M	116.64M	116.12M	116.98M	117.01M	116.47M	116.51M	117.37M

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

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-30	-23	58
Net Cash From Operating Activities	187	138	150
Net Cash From Continuing Operating Activities	180	138	150
Net Income / (Loss) Continuing Operations	70	71	-6.65
Consolidated Net Income / (Loss)	74	71	-6.65
Net Income / (Loss) Discontinued Operations	3.90	0.00	0.00
Depreciation Expense	65	71	75
Amortization Expense	16	16	16
Non-Cash Adjustments To Reconcile Net Income	32	17	109
Changes in Operating Assets and Liabilities, net	-3.17	-37	-43
Net Cash From Discontinued Operating Activities	6.31	0.00	0.00
Net Cash From Investing Activities	-63	-65	-73
Net Cash From Continuing Investing Activities	-63	-65	-73
Purchase of Property, Plant & Equipment	-59	-65	-69
Acquisitions	-4.23	0.00	-4.50
Other Investing Activities, net	0.08	0.00	0.00
Net Cash From Financing Activities	-148	-93	-18
Net Cash From Continuing Financing Activities	-148	-93	-18
Repayment of Debt	-8.42	-23	-879
Repurchase of Common Equity	-137	-79	-5.01
Issuance of Debt	0.00	15	871
Other Financing Activities, net	-3.02	-6.22	-4.18
Other Net Changes in Cash	-5.37	-1.32	-0.95

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

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-30	-11	-49	-32	9.09	50	15	-20	40	23
Net Cash From Operating Activities	56	77	4.11	37	32	64	37	9.96	60	43
Net Cash From Continuing Operating Activities	56	71	4.11	37	32	64	37	9.96	60	43
Net Income / (Loss) Continuing Operations	21	21	-1.47	26	17	30	1.22	8.30	14	-30
Consolidated Net Income / (Loss)	21	25	-1.47	26	17	30	1.22	8.30	14	-30
Depreciation Expense	16	17	17	17	18	19	18	18	20	19
Amortization Expense	4.01	4.01	4.01	4.03	4.04	4.04	4.04	4.04	3.79	3.86
Non-Cash Adjustments To Reconcile Net Income	3.07	-0.87	4.59	4.56	0.38	7.43	30	7.48	4.47	66
Changes in Operating Assets and Liabilities, net	12	30	-20	-15	-6.50	4.16	-18	-28	18	-15
Net Cash From Investing Activities	-14	-19	-19	-21	-14	-12	-17	-19	-19	-17
Net Cash From Continuing Investing Activities	-14	-19	-19	-21	-14	-12	-17	-19	-19	-17
Purchase of Property, Plant & Equipment	-14	-19	-19	-21	-14	-12	-17	-19	-15	-17
Net Cash From Financing Activities	-71	-66	-34	-46	-11	-3.03	-4.18	-10	-0.76	-2.73
Net Cash From Continuing Financing Activities	-71	-66	-34	-46	-11	-3.03	-4.18	-10	-0.76	-2.73
Repayment of Debt	-2.21	-1.76	-2.15	-17	-2.09	-2.27	-2.23	-875	0.11	-2.13
Other Financing Activities, net	-1.85	-0.84	-1.57	-0.73	-3.16	-0.76	-1.95	-0.74	-0.88	-0.60

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

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Total Assets	1,885	1,838	1,802
Total Current Assets	268	246	304
Cash & Equivalents	111	88	146
Accounts Receivable	75	81	78
Inventories, net	44	45	57
Prepaid Expenses	19	18	16
Other Current Assets	19	13	6.53
Plant, Property, & Equipment, net	585	577	569
Total Noncurrent Assets	1,032	1,015	929
Long-Term Investments	436	440	349
Goodwill	403	404	404
Intangible Assets	130	117	98
Other Noncurrent Operating Assets	63	54	78
Total Liabilities & Shareholders' Equity	1,885	1,838	1,802
Total Liabilities	1,177	1,132	1,102
Total Current Liabilities	129	119	115
Short-Term Debt	9.00	9.00	8.73
Accounts Payable	40	40	44
Accrued Expenses	72	62	53
Other Current Liabilities	8.16	8.19	9.27
Total Noncurrent Liabilities	1,048	1,013	987
Long-Term Debt	866	859	852
Noncurrent Deferred & Payable Income Tax Liabilities	136	116	105
Other Noncurrent Operating Liabilities	46	38	29
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	707	705	700
Total Preferred & Common Equity	707	705	700
Preferred Stock	0.00	0.00	0.00
Total Common Equity	707	705	700
Common Stock	1,093	1,104	1,108
Retained Earnings	-242	-171	-178
Accumulated Other Comprehensive Income / (Loss)	5.99	-0.96	-7.41
Other Equity Adjustments	-	-	-223

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

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	1,932	1,830	1,814	1,813	1,831	1,820	1,840
Total Current Assets	324	221	197	204	269	264	284
Cash & Equivalents	121	62	29	38	103	83	123
Accounts Receivable	107	67	78	84	78	85	74
Inventories, net	50	46	48	48	53	52	54
Prepaid Expenses	46	31	25	18	21	31	26
Other Current Assets	-	16	17	16	13	12	6.19
Plant, Property, & Equipment, net	581	584	587	581	572	574	572
Total Noncurrent Assets	1,026	1,025	1,030	1,028	990	982	985
Long-Term Investments	427	437	438	442	413	409	410
Goodwill	401	404	404	403	404	404	406
Intangible Assets	132	127	123	120	113	109	107
Other Noncurrent Operating Assets	66	57	64	63	60	60	62
Total Liabilities & Shareholders' Equity	1,932	1,830	1,814	1,813	1,831	1,820	1,840
Total Liabilities	1,192	1,156	1,146	1,135	1,119	1,103	1,111
Total Current Liabilities	135	109	103	100	108	97	112
Short-Term Debt	9.00	9.00	9.00	9.00	9.00	6.55	8.73
Accounts Payable	52	34	35	32	34	34	33
Accrued Expenses	65	58	50	51	57	49	62
Other Current Liabilities	8.58	8.07	9.10	8.50	8.21	7.74	7.98
Total Noncurrent Liabilities	1,058	1,047	1,043	1,035	1,012	1,006	999
Long-Term Debt	868	864	862	861	857	856	854
Noncurrent Deferred & Payable Income Tax Liabilities	148	137	137	135	117	115	109
Other Noncurrent Operating Liabilities	42	46	44	39	37	35	36
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	740	674	668	678	711	717	729
Total Preferred & Common Equity	740	674	668	678	711	717	729
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	740	674	668	678	711	717	729
Common Stock	1,090	1,098	1,103	1,101	1,098	1,102	1,105
Retained Earnings	-267	-243	-217	-201	-170	-161	-147
Accumulated Other Comprehensive Income / (Loss)	3.28	0.23	6.93	4.73	1.22	-0.01	-5.26
Other Equity Adjustments	-	-	-	-	-219	-224	-223

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

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-
Revenue Growth	34.19%	-15.73%	1.94%
EBITDA Growth	40.74%	-1.46%	3.92%
EBIT Growth	108.05%	-7.85%	2.92%
NOPAT Growth	994.40%	9.13%	-18.19%
Net Income Growth	152.79%	-3.45%	-109.35%
EPS Growth	153.92%	9.09%	-110.00%
Operating Cash Flow Growth	43.63%	-26.26%	8.93%
Free Cash Flow Firm Growth	686.67%	-4.01%	-35.96%
Invested Capital Growth	-0.04%	0.94%	2.02%
Revenue Q/Q Growth	1.55%	-1.42%	1.32%
EBITDA Q/Q Growth	4.81%	0.08%	2.30%
EBIT Q/Q Growth	8.08%	-1.69%	4.23%
NOPAT Q/Q Growth	16.24%	16.30%	-25.99%
Net Income Q/Q Growth	-0.25%	7.04%	-112.39%
EPS Q/Q Growth	0.00%	11.11%	-113.33%
Operating Cash Flow Q/Q Growth	20.88%	-8.69%	-12.13%
Free Cash Flow Firm Q/Q Growth	166.44%	2.06%	-53.41%
Invested Capital Q/Q Growth	-3.08%	-2.12%	0.74%
Profitability Metrics	-	-	-
Gross Margin	27.39%	28.64%	28.61%
EBITDA Margin	22.61%	26.44%	26.95%
Operating Margin	12.73%	13.98%	13.92%
EBIT Margin	12.71%	13.90%	14.03%
Profit (Net Income) Margin	8.99%	10.30%	-0.94%
Tax Burden Percent	77.79%	86.84%	132.46%
Interest Burden Percent	90.89%	85.31%	-5.08%
Effective Tax Rate	26.33%	13.16%	0.00%
Return on Invested Capital (ROIC)	7.43%	8.07%	6.51%
ROIC Less NNEP Spread (ROIC-NNEP)	6.40%	4.24%	-14.86%
Return on Net Nonoperating Assets (RNNOA)	2.75%	2.00%	-7.45%
Return on Equity (ROE)	10.18%	10.07%	-0.95%
Cash Return on Invested Capital (CROIC)	7.47%	7.14%	4.50%
Operating Return on Assets (OROA)	5.46%	5.16%	5.43%
Return on Assets (ROA)	3.86%	3.82%	-0.37%
Return on Common Equity (ROCE)	10.18%	10.07%	-0.95%
Return on Equity Simple (ROE_SIMPLE)	10.42%	10.09%	-0.95%
Net Operating Profit after Tax (NOPAT)	77	84	69
NOPAT Margin	9.38%	12.14%	9.75%
Net Nonoperating Expense Percent (NNEP)	1.03%	3.83%	21.37%
Return On Investment Capital (ROIC_SIMPLE)	4.86%	5.33%	4.40%
Cost of Revenue to Revenue	72.61%	71.36%	71.39%
SG&A Expenses to Revenue	14.66%	14.66%	14.68%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	14.66%	14.66%	14.68%
Earnings before Interest and Taxes (EBIT)	104	96	99
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	185	183	190
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.63	1.61	1.27
Price to Tangible Book Value (P/TBV)	6.63	6.15	4.50
Price to Revenue (P/Rev)	1.41	1.64	1.26
Price to Earnings (P/E)	15.66	15.94	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	6.39%	6.27%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.43	1.41	1.18
Enterprise Value to Revenue (EV/Rev)	1.81	2.13	1.78
Enterprise Value to EBITDA (EV/EBITDA)	7.99	8.07	6.61
Enterprise Value to EBIT (EV/EBIT)	14.22	15.35	12.70
Enterprise Value to NOPAT (EV/NOPAT)	19.27	17.56	18.29
Enterprise Value to Operating Cash Flow (EV/OCF)	7.94	10.71	8.38
Enterprise Value to Free Cash Flow (EV/FCFF)	19.16	19.85	26.41
Leverage & Solvency	-	-	-
Debt to Equity	1.24	1.23	1.23
Long-Term Debt to Equity	1.22	1.22	1.22
Financial Leverage	0.43	0.47	0.50
Leverage Ratio	2.64	2.63	2.59
Compound Leverage Factor	2.40	2.25	-0.13
Debt to Total Capital	55.30%	55.16%	55.14%
Short-Term Debt to Total Capital	0.57%	0.57%	0.56%
Long-Term Debt to Total Capital	54.73%	54.59%	54.58%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	44.70%	44.84%	44.86%
Debt to EBITDA	4.72	4.75	4.53
Net Debt to EBITDA	1.77	1.86	1.93
Long-Term Debt to EBITDA	4.67	4.70	4.49
Debt to NOPAT	11.38	10.34	12.54
Net Debt to NOPAT	4.26	4.04	5.32
Long-Term Debt to NOPAT	11.26	10.23	12.41
Altman Z-Score	1.11	1.10	1.04
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	2.07	2.07	2.64
Quick Ratio	1.43	1.42	1.95
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	77	74	48
Operating Cash Flow to CapEx	316.98%	210.60%	217.38%
Free Cash Flow to Firm to Interest Expense	2.08	1.66	0.88
Operating Cash Flow to Interest Expense	5.01	3.08	2.78
Operating Cash Flow Less CapEx to Interest Expense	3.43	1.62	1.50
Efficiency Ratios	-	-	-
Asset Turnover	0.43	0.37	0.39
Accounts Receivable Turnover	10.54	8.86	8.85
Inventory Turnover	12.13	11.02	9.84
Fixed Asset Turnover	1.39	1.19	1.23
Accounts Payable Turnover	12.96	12.30	11.96
Days Sales Outstanding (DSO)	34.61	41.21	41.25
Days Inventory Outstanding (DIO)	30.09	33.11	37.10
Days Payable Outstanding (DPO)	28.16	29.68	30.52
Cash Conversion Cycle (CCC)	36.54	44.64	47.83
Capital & Investment Metrics	-	-	-
Invested Capital	1,035	1,045	1,066
Invested Capital Turnover	0.79	0.66	0.67
Increase / (Decrease) in Invested Capital	-0.45	9.68	21
Enterprise Value (EV)	1,482	1,474	1,256
Market Capitalization	1,154	1,134	890
Book Value per Share	$5.43	$6.08	$6.01
Tangible Book Value per Share	$1.34	$1.59	$1.70
Total Capital	1,582	1,573	1,561
Total Debt	875	868	861
Total Long-Term Debt	866	859	852
Net Debt	328	339	366
Capital Expenditures (CapEx)	59	65	69
Debt-free, Cash-free Net Working Capital (DFCFNWC)	36	48	51
Debt-free Net Working Capital (DFNWC)	147	136	197
Net Working Capital (NWC)	138	127	189
Net Nonoperating Expense (NNE)	3.21	13	75
Net Nonoperating Obligations (NNO)	328	339	366
Total Depreciation and Amortization (D&A)	81	87	91
Debt-free, Cash-free Net Working Capital to Revenue	4.44%	6.88%	7.28%
Debt-free Net Working Capital to Revenue	17.96%	19.66%	28.01%
Net Working Capital to Revenue	16.86%	18.36%	26.77%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.60	($0.06)
Adjusted Weighted Average Basic Shares Outstanding	0.00	118.37M	116.72M
Adjusted Diluted Earnings per Share	$0.00	$0.60	($0.06)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	119.49M	116.72M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	116.98M	117.37M
Normalized Net Operating Profit after Tax (NOPAT)	77	84	69
Normalized NOPAT Margin	9.38%	12.14%	9.75%
Pre Tax Income Margin	11.55%	11.86%	-0.71%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	2.80	2.15	1.83
NOPAT to Interest Expense	2.07	1.88	1.27
EBIT Less CapEx to Interest Expense	1.22	0.69	0.55
NOPAT Less CapEx to Interest Expense	0.48	0.42	-0.01
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	185.54%	110.63%	-75.32%

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

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	38.89%	7.37%	-10.48%	-18.24%	-25.46%	-5.44%	-0.21%	-0.70%	3.37%	5.30%
EBITDA Growth	29.07%	23.19%	-18.02%	15.08%	-5.98%	0.31%	21.50%	-8.49%	2.04%	9.39%
EBIT Growth	61.43%	47.08%	-44.25%	21.46%	-13.90%	-6.79%	51.21%	-16.10%	-1.88%	17.69%
NOPAT Growth	87.25%	105.64%	-36.34%	25.42%	-20.27%	52.59%	17.13%	-18.53%	10.84%	-41.25%
Net Income Growth	129.96%	-0.72%	-118.68%	35.73%	-22.28%	18.52%	183.00%	-68.25%	-14.02%	-201.64%
EPS Growth	130.77%	0.00%	-116.67%	57.14%	-12.50%	31.58%	200.00%	-68.18%	-14.29%	-204.00%
Operating Cash Flow Growth	58.77%	71.54%	-35.95%	-20.26%	-42.86%	-16.94%	787.29%	-73.11%	85.75%	-32.24%
Free Cash Flow Firm Growth	-100.48%	282.84%	8,608.97%	38.11%	322.11%	0.18%	-115.17%	-85.52%	49.67%	-119.16%
Invested Capital Growth	3.60%	-0.04%	-2.91%	-0.69%	-0.05%	0.94%	1.22%	1.46%	-0.87%	2.02%
Revenue Q/Q Growth	3.27%	-21.41%	-11.97%	14.44%	-5.86%	-0.30%	-7.10%	13.88%	-1.99%	1.55%
EBITDA Q/Q Growth	20.57%	-20.36%	-34.12%	81.90%	-1.49%	-15.03%	-20.20%	37.01%	9.84%	-8.91%
EBIT Q/Q Growth	36.17%	-33.61%	-62.68%	259.97%	-3.47%	-28.13%	-39.46%	99.74%	12.89%	-13.80%
NOPAT Q/Q Growth	36.50%	-28.77%	-68.64%	311.31%	-13.23%	36.33%	-75.93%	186.08%	18.06%	-27.73%
Net Income Q/Q Growth	10.81%	18.42%	-105.83%	1,875.80%	-36.55%	80.58%	-95.92%	579.36%	71.80%	-313.45%
EPS Q/Q Growth	14.29%	18.75%	-105.26%	2,300.00%	-36.36%	78.57%	-96.00%	600.00%	71.43%	-316.67%
Operating Cash Flow Q/Q Growth	21.62%	36.85%	-94.68%	800.00%	-12.86%	98.94%	-43.13%	-72.72%	501.94%	-27.43%
Free Cash Flow Firm Q/Q Growth	-142.72%	297.71%	89.49%	-13.71%	-31.30%	-10.82%	-128.69%	182.39%	610.13%	-111.41%
Invested Capital Q/Q Growth	-1.01%	-3.08%	1.29%	2.20%	-0.38%	-2.12%	1.57%	2.44%	-2.67%	0.74%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	29.10%	27.01%	22.68%	33.12%	30.68%	27.38%	24.43%	29.35%	30.53%	29.64%
EBITDA Margin	24.42%	24.74%	18.52%	29.43%	30.80%	26.25%	22.55%	27.12%	30.40%	27.27%
Operating Margin	16.57%	12.04%	5.38%	18.09%	18.42%	13.16%	8.69%	15.23%	17.60%	13.60%
EBIT Margin	15.77%	13.32%	5.65%	17.76%	18.21%	13.13%	8.56%	15.01%	17.29%	14.67%
Profit (Net Income) Margin	9.17%	13.82%	-0.91%	14.19%	9.56%	17.32%	0.76%	4.54%	7.95%	-16.72%
Tax Burden Percent	70.40%	103.89%	280.73%	74.83%	67.75%	129.62%	50.88%	72.92%	76.01%	81.02%
Interest Burden Percent	82.62%	99.86%	-5.77%	106.75%	77.50%	101.76%	17.47%	41.46%	60.53%	-140.61%
Effective Tax Rate	29.60%	12.17%	0.00%	25.17%	32.25%	-29.62%	49.13%	27.08%	23.99%	0.00%
Return on Invested Capital (ROIC)	8.98%	8.38%	2.84%	9.57%	8.19%	11.34%	2.90%	7.10%	8.75%	6.36%
ROIC Less NNEP Spread (ROIC-NNEP)	7.20%	10.28%	0.65%	9.91%	6.79%	11.47%	1.27%	3.99%	6.05%	-7.19%
Return on Net Nonoperating Assets (RNNOA)	3.24%	4.42%	0.31%	4.83%	3.44%	5.42%	0.67%	2.23%	3.09%	-3.61%
Return on Equity (ROE)	12.22%	12.80%	3.15%	14.40%	11.63%	16.76%	3.56%	9.32%	11.84%	2.75%
Cash Return on Invested Capital (CROIC)	2.77%	7.47%	9.76%	7.90%	6.81%	7.14%	7.20%	6.72%	9.60%	4.50%
Operating Return on Assets (OROA)	6.64%	5.73%	2.40%	7.14%	6.82%	4.88%	3.23%	5.70%	6.58%	5.68%
Return on Assets (ROA)	3.86%	5.94%	-0.39%	5.70%	3.58%	6.43%	0.29%	1.72%	3.03%	-6.47%
Return on Common Equity (ROCE)	12.22%	12.80%	3.15%	14.40%	11.63%	16.76%	3.56%	9.32%	11.84%	2.75%
Return on Equity Simple (ROE_SIMPLE)	9.99%	0.00%	9.55%	10.67%	9.81%	0.00%	10.38%	7.81%	7.36%	0.00%
Net Operating Profit after Tax (NOPAT)	27	19	6.06	25	22	29	7.10	20	24	17
NOPAT Margin	11.67%	10.58%	3.77%	13.54%	12.48%	17.06%	4.42%	11.11%	13.38%	9.52%
Net Nonoperating Expense Percent (NNEP)	1.78%	-1.90%	2.19%	-0.34%	1.41%	-0.13%	1.62%	3.11%	2.71%	13.55%
Return On Investment Capital (ROIC_SIMPLE)	-	1.22%	-	-	-	1.87%	-	-	-	1.11%
Cost of Revenue to Revenue	70.90%	72.99%	77.32%	66.88%	69.32%	72.62%	75.57%	70.65%	69.47%	70.36%
SG&A Expenses to Revenue	12.53%	14.97%	17.30%	15.02%	12.26%	14.22%	15.74%	14.12%	12.93%	16.04%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	12.53%	14.97%	17.30%	15.02%	12.26%	14.22%	15.74%	14.12%	12.93%	16.04%
Earnings before Interest and Taxes (EBIT)	37	24	9.09	33	32	23	14	27	31	27
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	57	45	30	54	53	45	36	50	54	50
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.56	1.63	2.02	2.06	1.69	1.61	1.83	1.46	1.09	1.27
Price to Tangible Book Value (P/TBV)	5.60	6.63	9.48	9.83	7.41	6.15	6.72	5.16	3.68	4.50
Price to Revenue (P/Rev)	1.43	1.41	1.70	1.81	1.64	1.64	1.89	1.52	1.15	1.26
Price to Earnings (P/E)	15.62	15.66	21.15	19.33	17.27	15.94	17.66	18.74	14.86	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	6.40%	6.39%	4.73%	5.17%	5.79%	6.27%	5.66%	5.34%	6.73%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.39	1.43	1.66	1.66	1.44	1.41	1.56	1.31	1.06	1.18
Enterprise Value to Revenue (EV/Rev)	1.84	1.81	2.17	2.34	2.19	2.13	2.39	2.06	1.62	1.78
Enterprise Value to EBITDA (EV/EBITDA)	8.38	7.99	9.70	9.58	8.42	8.07	8.75	7.69	6.07	6.61
Enterprise Value to EBIT (EV/EBIT)	15.37	14.22	17.89	17.32	15.74	15.35	16.43	14.87	11.88	12.70
Enterprise Value to NOPAT (EV/NOPAT)	22.41	19.27	23.96	22.96	21.30	17.56	18.65	16.11	12.14	18.29
Enterprise Value to Operating Cash Flow (EV/OCF)	9.60	7.94	9.42	10.18	10.20	10.71	9.73	9.93	6.60	8.38
Enterprise Value to Free Cash Flow (EV/FCFF)	51.07	19.16	16.71	20.96	21.13	19.85	21.79	19.58	11.04	26.41
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.19	1.24	1.30	1.30	1.28	1.23	1.22	1.20	1.18	1.23
Long-Term Debt to Equity	1.17	1.22	1.28	1.29	1.27	1.22	1.21	1.19	1.17	1.22
Financial Leverage	0.45	0.43	0.48	0.49	0.51	0.47	0.52	0.56	0.51	0.50
Leverage Ratio	2.65	2.64	2.62	2.62	2.64	2.63	2.64	2.62	2.60	2.59
Compound Leverage Factor	2.19	2.63	-0.15	2.79	2.05	2.68	0.46	1.09	1.57	-3.64
Debt to Total Capital	54.24%	55.30%	56.43%	56.62%	56.20%	55.16%	54.91%	54.59%	54.19%	55.14%
Short-Term Debt to Total Capital	0.56%	0.57%	0.58%	0.58%	0.58%	0.57%	0.57%	0.41%	0.55%	0.56%
Long-Term Debt to Total Capital	53.68%	54.73%	55.85%	56.03%	55.62%	54.59%	54.34%	54.18%	53.64%	54.58%
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%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	45.76%	44.70%	43.57%	43.39%	43.80%	44.84%	45.09%	45.41%	45.81%	44.86%
Debt to EBITDA	4.96	4.72	4.88	4.69	4.76	4.75	4.58	4.67	4.65	4.53
Net Debt to EBITDA	1.86	1.77	2.09	2.17	2.13	1.86	1.85	2.00	1.77	1.93
Long-Term Debt to EBITDA	4.90	4.67	4.83	4.64	4.71	4.70	4.53	4.64	4.60	4.49
Debt to NOPAT	13.25	11.38	12.05	11.24	12.05	10.34	9.76	9.79	9.30	12.54
Net Debt to NOPAT	4.97	4.26	5.17	5.21	5.40	4.04	3.94	4.20	3.54	5.32
Long-Term Debt to NOPAT	13.11	11.26	11.93	11.12	11.93	10.23	9.66	9.71	9.20	12.41
Altman Z-Score	0.99	0.97	1.05	1.09	0.96	0.97	1.08	0.99	0.86	0.91
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.41	2.07	2.03	1.91	2.03	2.07	2.50	2.72	2.54	2.64
Quick Ratio	1.70	1.43	1.18	1.04	1.22	1.42	1.69	1.74	1.77	1.95
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-10	20	37	32	22	20	-5.68	4.68	33	-3.79
Operating Cash Flow to CapEx	414.03%	398.44%	22.00%	180.36%	223.84%	548.97%	210.13%	51.65%	397.55%	252.47%
Free Cash Flow to Firm to Interest Expense	-1.05	1.91	3.81	3.53	1.88	1.42	-0.42	0.27	2.94	-0.32
Operating Cash Flow to Interest Expense	5.92	7.48	0.42	4.04	2.73	4.61	2.72	0.57	5.30	3.68
Operating Cash Flow Less CapEx to Interest Expense	4.49	5.60	-1.48	1.80	1.51	3.77	1.43	-0.53	3.97	2.22
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.42	0.43	0.43	0.40	0.37	0.37	0.38	0.38	0.38	0.39
Accounts Receivable Turnover	8.59	10.54	10.16	7.95	7.35	8.86	9.53	8.44	8.81	8.85
Inventory Turnover	11.82	12.13	11.69	10.52	10.23	11.02	9.97	9.96	9.82	9.84
Fixed Asset Turnover	1.37	1.39	1.37	1.30	1.21	1.19	1.20	1.19	1.21	1.23
Accounts Payable Turnover	11.41	12.96	13.57	11.79	11.88	12.30	14.48	14.42	15.23	11.96
Days Sales Outstanding (DSO)	42.51	34.61	35.92	45.93	49.66	41.21	38.32	43.25	41.42	41.25
Days Inventory Outstanding (DIO)	30.88	30.09	31.22	34.70	35.69	33.11	36.62	36.63	37.19	37.10
Days Payable Outstanding (DPO)	31.98	28.16	26.90	30.95	30.72	29.68	25.20	25.31	23.96	30.52
Cash Conversion Cycle (CCC)	41.41	36.54	40.24	49.68	54.63	44.64	49.74	54.57	54.65	47.83
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,068	1,035	1,048	1,072	1,067	1,045	1,061	1,087	1,058	1,066
Invested Capital Turnover	0.77	0.79	0.75	0.71	0.66	0.66	0.65	0.64	0.65	0.67
Increase / (Decrease) in Invested Capital	37	-0.45	-31	-7.40	-0.58	9.68	13	16	-9.27	21
Enterprise Value (EV)	1,483	1,482	1,736	1,781	1,537	1,474	1,654	1,419	1,127	1,256
Market Capitalization	1,154	1,154	1,361	1,377	1,148	1,134	1,304	1,050	798	890
Book Value per Share	$5.41	$5.43	$5.47	$5.56	$5.81	$6.08	$6.08	$6.13	$6.26	$6.01
Tangible Book Value per Share	$1.51	$1.34	$1.17	$1.17	$1.33	$1.59	$1.66	$1.74	$1.86	$1.70
Total Capital	1,616	1,582	1,547	1,539	1,548	1,573	1,578	1,580	1,592	1,561
Total Debt	877	875	873	871	870	868	866	862	863	861
Total Long-Term Debt	868	866	864	862	861	859	857	856	854	852
Net Debt	328	328	374	404	390	339	350	370	329	366
Capital Expenditures (CapEx)	14	19	19	21	14	12	17	19	15	17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	77	36	60	74	75	48	67	90	57	51
Debt-free Net Working Capital (DFNWC)	199	147	121	103	113	136	170	173	180	197
Net Working Capital (NWC)	190	138	112	94	104	127	161	167	172	189
Net Nonoperating Expense (NNE)	5.80	-5.93	7.53	-1.19	5.06	-0.44	5.88	12	9.72	48
Net Nonoperating Obligations (NNO)	328	328	374	404	390	339	350	370	329	366
Total Depreciation and Amortization (D&A)	20	21	21	21	22	23	22	22	23	23
Debt-free, Cash-free Net Working Capital to Revenue	9.55%	4.44%	7.46%	9.73%	10.64%	6.88%	9.68%	13.08%	8.19%	7.28%
Debt-free Net Working Capital to Revenue	24.58%	17.96%	15.15%	13.57%	16.10%	19.66%	24.61%	25.16%	25.95%	28.01%
Net Working Capital to Revenue	23.47%	16.86%	14.02%	12.39%	14.82%	18.36%	23.31%	24.21%	24.70%	26.77%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.16	$0.19	($0.01)	$0.22	$0.14	$0.25	$0.01	$0.07	$0.12	($0.26)
Adjusted Weighted Average Basic Shares Outstanding	132.62M	133.60M	122.18M	118.65M	116.45M	118.37M	116.96M	116.91M	116.49M	116.72M
Adjusted Diluted Earnings per Share	$0.16	$0.19	($0.01)	$0.22	$0.14	$0.25	$0.01	$0.07	$0.12	($0.26)
Adjusted Weighted Average Diluted Shares Outstanding	134.10M	135.09M	122.18M	119.92M	117.37M	119.49M	117.45M	117.64M	117.19M	116.72M
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
Adjusted Weighted Average Basic & Diluted Shares Outstanding	130.25M	123.19M	120.16M	116.64M	116.12M	116.98M	117.01M	116.47M	116.51M	117.37M
Normalized Net Operating Profit after Tax (NOPAT)	27	19	6.06	25	22	16	7.10	20	24	17
Normalized NOPAT Margin	11.67%	10.58%	3.77%	13.54%	12.48%	9.22%	4.42%	11.11%	13.38%	9.52%
Pre Tax Income Margin	13.03%	13.30%	-0.33%	18.96%	14.12%	13.36%	1.50%	6.22%	10.46%	-20.63%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.84	2.35	0.92	3.57	2.67	1.63	1.02	1.57	2.74	2.26
NOPAT to Interest Expense	2.84	1.87	0.62	2.72	1.83	2.12	0.53	1.16	2.12	1.47
EBIT Less CapEx to Interest Expense	2.41	0.48	-0.98	1.33	1.45	0.79	-0.27	0.47	1.41	0.80
NOPAT Less CapEx to Interest Expense	1.41	-0.01	-1.29	0.48	0.61	1.28	-0.77	0.06	0.79	0.01
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	99.77%	185.54%	258.88%	284.98%	213.23%	110.63%	66.17%	18.48%	9.33%	-75.32%

Frequently Asked Questions About Ecovyst's Financials

When does Ecovyst's financial year end?

According to the most recent income statement we have on file, Ecovyst's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Ecovyst's net income changed over the last 2 years?

Ecovyst's net income appears to be on a downward trend, with a most recent value of -$6.65 million in 2024, falling from $73.70 million in 2022. The previous period was $71.15 million in 2023. Check out Ecovyst's forecast to explore projected trends and price targets.

What is Ecovyst's operating income?

Ecovyst's total operating income in 2024 was $98.09 million, based on the following breakdown:

Total Gross Profit: $201.52 million
Total Operating Expenses: $103.43 million

How has Ecovyst revenue changed over the last 2 years?

Over the last 2 years, Ecovyst's total revenue changed from $820.16 million in 2022 to $704.49 million in 2024, a change of -14.1%.

How much debt does Ecovyst have?

Ecovyst's total liabilities were at $1.10 billion at the end of 2024, a 2.7% decrease from 2023, and a 6.4% decrease since 2022.

How much cash does Ecovyst have?

In the past 2 years, Ecovyst's cash and equivalents has ranged from $88.37 million in 2023 to $146.01 million in 2024, and is currently $146.01 million as of their latest financial filing in 2024.

How has Ecovyst's book value per share changed over the last 2 years?

Over the last 2 years, Ecovyst's book value per share changed from 5.43 in 2022 to 6.01 in 2024, a change of 10.7%.

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This page (NYSE:ECVT) was last updated on 5/5/2025 by MarketBeat.com Staff

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Ecovyst (ECVT) Financials

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Ecovyst (ECVT) Financials

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