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Ecovyst (ECVT) Financials

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$14.14 +0.18 (+1.25%)
Closing price 05/8/2026 03:58 PM Eastern
Extended Trading
$14.19 +0.04 (+0.31%)
As of 05/8/2026 06:32 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Ecovyst

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
11 -80 58 58 80 -279 -140 74 71 -6.65 -71
Consolidated Net Income / (Loss)
11 -79 59 60 80 -282 -140 74 71 -6.65 -71
Net Income / (Loss) Continuing Operations
11 -79 59 50 31 54 1.79 70 48 46 6.29
Total Pre-Tax Income
11 -69 -61 84 43 2.22 14 95 57 45 26
Total Operating Income
56 82 166 156 66 52 55 104 90 85 65
Total Gross Profit
110 254 377 303 167 151 177 225 166 163 158
Total Revenue
389 1,064 1,472 1,229 533 496 611 820 585 598 724
Operating Revenue
389 1,064 1,472 1,229 533 496 611 820 585 598 724
Total Cost of Revenue
279 810 1,095 926 366 345 435 596 418 435 565
Operating Cost of Revenue
279 810 1,095 926 366 345 435 596 418 435 565
Total Operating Expenses
54 173 211 148 101 99 122 120 77 78 93
Selling, General & Admin Expense
54 173 211 148 101 99 122 120 77 78 93
Total Other Income / (Expense), net
-44 -151 -227 -72 -23 -49 -41 -9.65 -33 -40 -39
Interest Expense
44 154 241 99 70 75 64 37 32 41 40
Other Income / (Expense), net
0.00 6.05 -24 -11 1.92 5.02 -4.51 -0.16 -0.91 1.12 0.64
Income Tax Expense
0.00 10 -119 34 12 -52 12 25 8.73 -0.30 19
Net Income / (Loss) Discontinued Operations
- - - 9.24 49 -336 -141 3.90 23 -52 -77
Basic Earnings per Share
$0.51 ($1.02) $0.52 $0.44 $0.59 ($2.06) ($1.03) $0.55 $1.20 ($0.06) ($0.62)
Weighted Average Basic Shares Outstanding
22.62M 78.02M 111.30M 133.38M 134.39M 135.53M 136.17M 133.60M 118.37M 116.72M 115.29M
Diluted Earnings per Share
$0.51 ($1.02) $0.52 $0.43 $0.59 ($2.04) ($1.02) $0.55 $1.19 ($0.06) ($0.61)
Weighted Average Diluted Shares Outstanding
22.62M 78.02M 111.67M 134.68M 135.55M 136.45M 137.71M 135.09M 119.49M 117.45M 115.96M
Weighted Average Basic & Diluted Shares Outstanding
- 78.20M 110.80M 132.50M 136.79M 136.94M 138.21M 123.19M 116.98M 117.37M 110.59M

Quarterly Income Statements for Ecovyst

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 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 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
17 30 1.22 8.30 14 -30 -3.60 5.99 -79 5.74 4.31
Consolidated Net Income / (Loss)
17 30 1.22 8.30 14 -30 -3.60 5.99 -79 5.74 4.31
Net Income / (Loss) Continuing Operations
17 30 1.22 8.30 15 -30 -8.13 5.99 0.37 3.53 5.75
Total Pre-Tax Income
24 23 2.40 11 19 -38 -10 8.05 21 1.32 9.34
Total Operating Income
32 23 14 28 28 25 -0.98 18 28 20 13
Total Gross Profit
53 47 39 54 45 54 19 50 52 31 36
Total Revenue
173 173 161 183 154 182 143 200 205 156 215
Operating Revenue
173 173 161 183 154 182 143 200 205 156 215
Total Cost of Revenue
120 125 121 129 109 128 124 150 153 126 179
Operating Cost of Revenue
120 125 121 129 109 128 124 150 153 126 179
Total Operating Expenses
21 25 25 26 18 29 20 32 24 11 24
Selling, General & Admin Expense
21 25 25 26 18 29 20 32 24 11 24
Total Other Income / (Expense), net
-7.46 0.34 -12 -16 -8.10 -62 -9.39 -9.76 -7.71 -18 -3.20
Interest Expense
12 14 13 17 7.91 12 9.31 11 8.37 8.29 3.17
Other Income / (Expense), net
-0.36 -0.06 -0.22 -0.41 -0.19 1.95 -0.08 -0.57 0.66 0.74 -0.03
Income Tax Expense
7.89 -6.84 1.18 3.08 4.60 -7.13 -2.24 2.06 20 -2.21 3.59
Net Income / (Loss) Discontinued Operations
- - - - -0.59 - 4.54 - -80 - -1.43
Basic Earnings per Share
$0.14 $0.25 $0.01 $0.07 $0.12 ($0.26) ($0.03) $0.05 ($0.70) $0.06 $0.04
Weighted Average Basic Shares Outstanding
116.45M 118.37M 116.96M 116.91M 116.49M 116.72M 117.26M 116.23M 113.90M 115.29M 110.69M
Diluted Earnings per Share
$0.14 $0.25 $0.01 $0.07 $0.12 ($0.26) ($0.03) $0.05 ($0.69) $0.06 $0.04
Weighted Average Diluted Shares Outstanding
117.37M 119.49M 117.45M 117.64M 117.19M 116.72M 117.26M 116.54M 114.87M 115.96M 111.79M
Weighted Average Basic & Diluted Shares Outstanding
116.12M 116.98M 117.01M 116.47M 116.51M 117.37M 117.40M 114.42M 114.02M 110.59M 109.45M

Annual Cash Flow Statements for Ecovyst

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
2.53 60 -18 -7.87 14 63 3.67 -30 -23 58 51
Net Cash From Operating Activities
45 123 165 249 268 224 130 187 138 150 140
Net Cash From Continuing Operating Activities
45 123 165 213 133 140 137 180 101 104 118
Net Income / (Loss) Continuing Operations
11 -79 59 50 31 54 1.79 70 48 46 6.29
Consolidated Net Income / (Loss)
11 -79 59 60 80 -282 -140 74 71 -6.65 -71
Net Income / (Loss) Discontinued Operations
- - - 9.24 49 -336 -141 3.90 23 -52 -77
Depreciation Expense
29 89 125 111 61 65 66 65 55 60 68
Amortization Expense
13 46 61 47 16 14 16 16 12 12 12
Non-Cash Adjustments To Reconcile Net Income
9.07 63 111 20 18 59 71 32 17 13 20
Changes in Operating Assets and Liabilities, net
-18 3.90 -190 -16 6.35 -52 -17 -3.17 -33 -27 12
Net Cash From Discontinued Operating Activities
- - - 36 135 83 -7.42 6.31 37 46 22
Net Cash From Investing Activities
-39 -1,916 -196 -119 -35 551 836 -63 -65 -73 435
Net Cash From Continuing Investing Activities
-39 -1,916 -196 -99 -55 572 876 -63 -59 -56 457
Purchase of Property, Plant & Equipment
-41 -121 -140 -112 -55 -55 -60 -59 -59 -56 -70
Acquisitions
0.00 -1,778 -51 -5.00 0.00 0.00 -43 -4.23 0.00 0.00 -41
Divestitures
3.97 - - 0.00 0.00 624 978 - 0.00 0.00 568
Net Cash From Discontinued Investing Activities
- - - -21 19 -20 -40 - -6.30 -18 -21
Net Cash From Financing Activities
-3.46 1,858 20 -137 -216 -723 -964 -148 -93 -18 -525
Net Cash From Continuing Financing Activities
-3.46 1,858 20 -135 -215 -720 -963 -148 -91 -15 -522
Repayment of Debt
-17 -670 -1,127 -1,519 -391 -1,239 -1,438 -8.42 -23 -879 -1,344
Repurchase of Common Equity
0.00 -2.54 -27 -2.92 0.00 -2.06 0.00 -137 -79 -5.01 -47
Issuance of Debt
12 2,527 666 1,386 176 767 898 0.00 15 871 871
Other Financing Activities, net
0.00 -1.55 0.00 0.13 0.41 -2.17 13 -3.02 -3.37 -1.22 -1.48
Net Cash From Discontinued Financing Activities
- - - -1.95 -1.35 -2.64 -1.14 - -2.85 -2.96 -3.26
Other Net Changes in Cash
- -5.89 -6.86 - -2.12 11 2.25 -5.37 -1.32 - 0.42

Quarterly Cash Flow Statements for Ecovyst

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 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 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
9.09 50 15 -20 40 23 -19 -58 30 98 -35
Net Cash From Operating Activities
32 64 37 9.96 60 43 10 33 55 42 17
Net Cash From Continuing Operating Activities
32 64 37 9.96 60 43 6.74 33 34 41 20
Net Income / (Loss) Continuing Operations
17 30 1.22 8.30 14 -30 -8.13 5.99 -4.75 8.65 5.75
Consolidated Net Income / (Loss)
17 30 1.22 8.30 14 -30 -3.60 5.99 -79 5.74 4.31
Net Income / (Loss) Discontinued Operations
- - - - - - 4.54 - - -2.91 -1.43
Depreciation Expense
18 19 18 18 20 19 16 20 9.99 18 18
Amortization Expense
4.04 4.04 4.04 4.04 3.79 3.86 2.96 3.89 1.15 3.10 2.88
Non-Cash Adjustments To Reconcile Net Income
0.38 7.43 30 7.48 4.47 66 2.69 12 -4.84 8.10 3.79
Changes in Operating Assets and Liabilities, net
-6.50 4.16 -18 -28 18 -15 -6.41 -9.26 33 2.89 -11
Net Cash From Discontinued Operating Activities
- - - - - - 3.52 - - 1.21 -2.68
Net Cash From Investing Activities
-14 -12 -17 -19 -19 -17 -24 -67 -18 544 -14
Net Cash From Continuing Investing Activities
-14 -12 -17 -19 -19 -17 -17 -67 -2.07 549 -14
Purchase of Property, Plant & Equipment
-14 -12 -17 -19 -15 -17 -17 -25 -2.07 -19 -14
Net Cash From Discontinued Investing Activities
- - - - - - -7.16 - - -5.58 0.00
Net Cash From Financing Activities
-11 -3.03 -4.18 -10 -0.76 -2.73 -4.45 -25 -8.07 -488 -37
Net Cash From Continuing Financing Activities
-11 -3.03 -4.18 -10 -0.76 -2.73 -3.68 -25 -5.64 -487 -37
Repayment of Debt
-2.09 -2.27 -2.23 -875 0.11 -2.13 -873 -2.14 -1.75 -467 0.15
Repurchase of Common Equity
-5.34 - - -5.01 - - 0.00 - -5.54 -19 -36
Issuance of Debt
- - 0.00 - - - 871 - - - 0.00
Other Financing Activities, net
-3.16 -0.76 -1.95 -0.74 -0.88 -0.60 -1.48 -0.88 1.65 - -1.25
Net Cash From Discontinued Financing Activities
- - - - - - -0.78 - - -0.83 0.00
Effect of Exchange Rate Changes
1.83 - -0.18 -0.13 0.36 - -0.09 0.60 -0.05 - 0.00

Annual Balance Sheets for Ecovyst

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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
4,260 4,415 4,327 4,322 3,198 1,931 1,885 1,838 1,802 1,261
Total Current Assets
493 549 559 569 429 292 268 246 304 319
Cash & Equivalents
71 66 58 54 113 141 111 88 131 197
Accounts Receivable
161 193 197 140 46 81 75 81 53 85
Inventories, net
227 262 265 138 53 54 44 45 18 27
Prepaid Expenses
34 27 39 32 11 16 19 18 11 8.74
Other Current Assets
- - - - - 0.00 19 13 6.53 1.31
Plant, Property, & Equipment, net
1,181 1,230 1,209 1,011 592 596 585 577 459 481
Total Noncurrent Assets
2,586 2,636 2,560 2,741 2,178 1,043 1,032 1,015 1,040 460
Goodwill
1,241 1,306 1,255 974 392 406 403 404 327 327
Intangible Assets
817 786 728 555 137 146 130 117 68 59
Other Noncurrent Operating Assets
68 75 108 76 41 45 63 54 70 74
Total Liabilities & Shareholders' Equity
4,260 4,415 4,327 4,322 3,198 1,931 1,885 1,838 1,802 1,261
Total Liabilities
3,232 2,784 2,663 2,536 1,921 1,190 1,177 1,132 1,102 658
Total Current Liabilities
242 288 256 270 202 145 129 119 115 121
Accounts Payable
128 149 148 115 38 52 40 40 33 48
Accrued Expenses
99 94 100 85 48 76 72 62 40 63
Other Current Liabilities
- - 0.00 12 6.72 8.31 8.16 8.19 9.05 9.50
Total Noncurrent Liabilities
2,989 2,495 2,408 2,266 1,719 1,045 1,048 1,013 987 537
Long-Term Debt
2,548 2,185 2,107 1,843 1,400 873 866 859 852 393
Noncurrent Deferred & Payable Income Tax Liabilities
318 189 196 209 126 127 136 116 105 113
Other Noncurrent Operating Liabilities
123 120 105 126 37 46 46 38 27 31
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,028 1,632 1,664 1,785 1,277 741 707 705 700 603
Total Preferred & Common Equity
1,023 1,628 1,660 1,779 1,277 741 707 705 700 603
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,023 1,628 1,660 1,779 1,277 741 707 705 700 603
Common Stock
1,167 1,656 1,676 1,698 1,479 1,075 1,093 1,104 1,108 1,110
Retained Earnings
-90 -33 26 103 -176 -316 -242 -171 -178 -249
Accumulated Other Comprehensive Income / (Loss)
-54 4.31 -39 -15 -15 -5.79 5.99 -0.96 -7.41 3.27
Other Equity Adjustments
- - - - - - - - -223 -261

Quarterly Balance Sheets for Ecovyst

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 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
1,932 1,830 1,814 1,813 1,831 1,820 1,840 1,787 1,796 1,735 1,247
Total Current Assets
324 221 197 204 269 264 284 292 269 297 304
Cash & Equivalents
121 62 29 38 103 83 123 127 70 82 163
Accounts Receivable
107 67 78 84 78 85 74 77 103 83 94
Inventories, net
50 46 48 48 53 52 54 59 67 24 32
Prepaid Expenses
46 31 25 18 21 31 26 24 25 13 14
Other Current Assets
- 16 17 16 13 12 6.19 5.11 4.01 2.37 1.79
Plant, Property, & Equipment, net
581 584 587 581 572 574 572 571 603 481 478
Total Noncurrent Assets
1,026 1,025 1,030 1,028 990 982 985 924 924 957 465
Goodwill
401 404 404 403 404 404 406 405 407 327 327
Intangible Assets
132 127 123 120 113 109 107 95 95 62 57
Other Noncurrent Operating Assets
66 57 64 63 60 60 62 73 76 78 81
Total Liabilities & Shareholders' Equity
1,932 1,830 1,814 1,813 1,831 1,820 1,840 1,787 1,796 1,735 1,247
Total Liabilities
1,192 1,156 1,146 1,135 1,119 1,103 1,111 1,088 1,104 1,127 671
Total Current Liabilities
135 109 103 100 108 97 112 104 120 132 128
Accounts Payable
52 34 35 32 34 34 33 35 48 47 50
Accrued Expenses
65 58 50 51 57 49 62 52 54 49 68
Other Current Liabilities
8.58 8.07 9.10 8.50 8.21 7.74 7.98 8.75 8.98 9.85 10
Total Noncurrent Liabilities
1,058 1,047 1,043 1,035 1,012 1,006 999 984 984 995 544
Long-Term Debt
868 864 862 861 857 856 854 850 848 846 393
Noncurrent Deferred & Payable Income Tax Liabilities
148 137 137 135 117 115 109 105 105 114 116
Other Noncurrent Operating Liabilities
42 46 44 39 37 35 36 29 32 34 35
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
740 674 668 678 711 717 729 699 692 608 575
Total Preferred & Common Equity
740 674 668 678 711 717 729 699 692 608 575
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
740 674 668 678 711 717 729 699 692 608 575
Common Stock
1,090 1,098 1,103 1,101 1,098 1,102 1,105 1,102 1,105 1,107 1,105
Retained Earnings
-267 -243 -217 -201 -170 -161 -147 -181 -175 -254 -244
Accumulated Other Comprehensive Income / (Loss)
3.28 0.23 6.93 4.73 1.22 -0.01 -5.26 -7.18 -0.84 -3.87 4.19
Other Equity Adjustments
- - - - -219 -224 -223 -215 -237 -241 -289

Annual Metrics And Ratios for Ecovyst

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

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
- - - - - - - - - - 114,019,414.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 114,019,414.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - -0.62
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
56 57 116 93 47 1,264 7.03 77 84 69 16
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - 4.86% 5.33% 4.40% 1.59%
Earnings before Interest and Taxes (EBIT)
56 88 142 145 68 57 50 104 96 99 66
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
98 223 327 303 145 136 132 185 183 190 145
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -3,003 -151 168 922 2,625 -13 77 74 48 15
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
0.00 3,060 3,327 3,252 2,377 1,015 1,036 1,035 1,045 1,066 799
Increase / (Decrease) in Invested Capital
0.00 3,060 267 -75 -875 -1,362 20 -0.45 9.68 21 1.07
Book Value per Share
$0.00 $13.11 $12.04 $12.24 $13.04 $9.37 $5.40 $5.43 $6.08 $6.01 $5.29
Tangible Book Value per Share
$0.00 ($13.27) ($3.43) ($2.39) $1.84 $5.49 $1.38 $1.34 $1.59 $1.70 $1.91
Total Capital
0.00 3,590 3,862 3,778 3,629 2,678 1,623 1,582 1,573 1,561 996
Total Debt
0.00 2,562 2,230 2,114 1,843 1,400 882 875 868 861 393
Total Long-Term Debt
0.00 2,548 2,185 2,107 1,843 1,400 873 866 859 852 393
Net Debt
0.00 2,032 1,695 1,588 1,317 829 295 328 339 366 195
Capital Expenditures (CapEx)
41 121 140 99 55 52 60 59 65 69 70
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 194 240 252 245 113 15 36 48 51 1.35
Debt-free Net Working Capital (DFNWC)
0.00 265 306 310 299 227 156 147 136 197 199
Net Working Capital (NWC)
0.00 250 261 303 299 227 147 138 127 189 199
Net Nonoperating Expense (NNE)
44 136 58 34 -33 1,545 147 3.21 13 75 87
Net Nonoperating Obligations (NNO)
0.00 2,032 1,695 1,588 592 -262 295 328 339 366 195
Total Depreciation and Amortization (D&A)
42 135 186 158 78 79 82 81 87 91 80
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.51 ($1.02) $0.52 $0.44 $0.59 ($2.06) ($1.03) $0.00 $0.60 ($0.06) ($0.62)
Adjusted Weighted Average Basic Shares Outstanding
22.62M 78.02M 111.30M 133.38M 134.39M 135.53M 136.17M 0.00 118.37M 116.72M 115.29M
Adjusted Diluted Earnings per Share
$0.51 ($1.02) $0.52 $0.43 $0.59 ($2.06) ($1.02) $0.00 $0.60 ($0.06) ($0.61)
Adjusted Weighted Average Diluted Shares Outstanding
22.62M 78.02M 111.67M 134.68M 135.55M 135.53M 137.71M 0.00 119.49M 116.72M 115.96M
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
0.00 78.20M 135.24M 135.71M 136.79M 136.94M 138.21M 0.00 116.98M 117.37M 110.59M
Normalized Net Operating Profit after Tax (NOPAT)
39 57 116 93 47 36 38 77 84 69 45
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for Ecovyst

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

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 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
- - - - - - - - - 114,019,414.00 110,586,098.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 114,019,414.00 110,586,098.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - 0.05 0.04
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-25.46% -5.44% -0.21% -0.70% 3.37% 5.30% 1.03% 9.47% 33.17% - 50.20%
EBITDA Growth
-5.98% 0.31% 21.50% -8.49% 2.04% 9.39% -38.19% -16.24% 10.25% - 89.23%
EBIT Growth
-13.90% -6.79% 51.21% -16.10% -1.88% 17.69% -107.97% -37.17% 5.78% - 1,281.02%
NOPAT Growth
-20.27% 52.59% 17.13% -18.53% 10.84% -41.25% -108.99% -34.79% -97.57% - 1,223.77%
Net Income Growth
-22.28% 18.52% 183.00% -68.25% -14.02% -201.64% -394.59% -27.84% -656.14% - 219.93%
EPS Growth
-12.50% 31.58% 200.00% -68.18% -14.29% -204.00% -400.00% -28.57% -675.00% - 233.33%
Operating Cash Flow Growth
-42.86% -16.94% 787.29% -73.11% 85.75% -32.24% -71.90% 231.80% -7.81% - 65.15%
Free Cash Flow Firm Growth
322.11% 0.18% -115.17% -85.52% 49.67% -119.16% -235.34% -793.85% 693.86% - 1,576.18%
Invested Capital Growth
-0.05% 0.94% 1.22% 1.46% -0.87% 2.02% 1.74% 4.21% -22.68% - -25.40%
Revenue Q/Q Growth
-5.86% -0.30% -7.10% 13.88% -1.99% 1.55% -10.86% 23.39% 2.39% - 37.54%
EBITDA Q/Q Growth
-1.49% -15.03% -20.20% 37.01% 9.84% -8.91% -54.91% 85.66% -3.53% - -19.76%
EBIT Q/Q Growth
-3.47% -28.13% -39.46% 99.74% 12.89% -13.80% -104.10% 1,674.34% 67.85% - -38.84%
NOPAT Q/Q Growth
-13.23% 36.33% -75.93% 186.08% 18.06% -27.73% -103.68% 2,174.38% -96.14% - -85.37%
Net Income Q/Q Growth
-36.55% 80.58% -95.92% 579.36% 71.80% -313.45% 88.18% 266.42% -1,424.01% - -24.84%
EPS Q/Q Growth
-36.36% 78.57% -96.00% 600.00% 71.43% -316.67% 88.46% 266.67% -1,480.00% - -33.33%
Operating Cash Flow Q/Q Growth
-12.86% 98.94% -43.13% -72.72% 501.94% -27.43% -76.42% 222.12% 67.25% - -59.44%
Free Cash Flow Firm Q/Q Growth
-31.30% -10.82% -128.69% 182.39% 610.13% -111.41% -402.17% -70.47% 840.34% - 445.68%
Invested Capital Q/Q Growth
-0.38% -2.12% 1.57% 2.44% -2.67% 0.74% 1.29% 4.93% -27.78% - 0.82%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
30.68% 27.38% 24.43% 29.35% 30.53% 29.64% 15.79% 24.85% 25.41% - 16.94%
EBITDA Margin
30.80% 26.25% 22.55% 27.12% 30.40% 27.27% 13.79% 20.76% 19.56% - 15.44%
Operating Margin
18.42% 13.16% 8.69% 15.23% 17.60% 13.60% -0.56% 8.90% 13.80% - 5.83%
EBIT Margin
18.21% 13.13% 8.56% 15.01% 17.29% 14.67% -0.68% 8.61% 14.12% - 5.82%
Profit (Net Income) Margin
9.56% 17.32% 0.76% 4.54% 7.95% -16.72% -2.22% 2.99% -38.68% - 2.01%
Tax Burden Percent
67.75% 129.62% 50.88% 72.92% 76.01% 81.02% 86.70% 74.36% -385.35% - 46.21%
Interest Burden Percent
77.50% 101.76% 17.47% 41.46% 60.53% -140.61% 378.90% 46.70% 71.08% - 74.64%
Effective Tax Rate
32.25% -29.62% 49.13% 27.08% 23.99% 0.00% 0.00% 25.64% 98.19% - 38.45%
Return on Invested Capital (ROIC)
8.19% 11.34% 2.90% 7.10% 8.75% 6.36% -0.26% 4.31% 0.21% - 3.03%
ROIC Less NNEP Spread (ROIC-NNEP)
6.79% 11.47% 1.27% 3.99% 6.05% -7.19% -1.07% 2.52% -29.38% - 1.92%
Return on Net Nonoperating Assets (RNNOA)
3.44% 5.42% 0.67% 2.23% 3.09% -3.61% -0.55% 1.45% -11.85% - 0.92%
Return on Equity (ROE)
11.63% 16.76% 3.56% 9.32% 11.84% 2.75% -0.81% 5.76% -11.64% - 3.95%
Cash Return on Invested Capital (CROIC)
6.81% 7.14% 7.20% 6.72% 9.60% 4.50% 3.72% 0.50% 31.09% - 32.79%
Operating Return on Assets (OROA)
6.82% 4.88% 3.23% 5.70% 6.58% 5.68% -0.26% 3.45% 6.12% - 3.05%
Return on Assets (ROA)
3.58% 6.43% 0.29% 1.72% 3.03% -6.47% -0.87% 1.20% -16.76% - 1.05%
Return on Common Equity (ROCE)
11.63% 16.76% 3.56% 9.32% 11.84% 2.75% -0.81% 5.76% -11.64% - 3.95%
Return on Equity Simple (ROE_SIMPLE)
9.81% 0.00% 10.38% 7.81% 7.36% 0.00% -1.64% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)
22 29 7.10 20 24 17 -0.64 13 0.51 53 7.72
NOPAT Margin
12.48% 17.06% 4.42% 11.11% 13.38% 9.52% -0.39% 6.62% 0.25% - 3.59%
Net Nonoperating Expense Percent (NNEP)
1.41% -0.13% 1.62% 3.11% 2.71% 13.55% 0.81% 1.79% 29.59% - 1.11%
Return On Investment Capital (ROIC_SIMPLE)
- 1.87% - - - 1.11% -0.04% 0.85% 0.04% 5.30% 0.80%
Cost of Revenue to Revenue
69.32% 72.62% 75.57% 70.65% 69.47% 70.36% 84.21% 75.15% 74.59% - 83.06%
SG&A Expenses to Revenue
12.26% 14.22% 15.74% 14.12% 12.93% 16.04% 16.35% 15.95% 11.62% - 11.11%
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
12.26% 14.22% 15.74% 14.12% 12.93% 16.04% 16.35% 15.95% 11.62% - 11.11%
Earnings before Interest and Taxes (EBIT)
32 23 14 27 31 27 -1.10 17 29 20 13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
53 45 36 50 54 50 22 42 40 41 33
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.69 1.61 1.83 1.46 1.09 1.27 1.04 1.40 1.65 - 2.47
Price to Tangible Book Value (P/TBV)
7.41 6.15 6.72 5.16 3.68 4.50 3.67 5.06 4.58 - 7.41
Price to Revenue (P/Rev)
1.64 1.64 1.89 1.52 1.15 1.26 1.03 1.34 1.29 - 1.79
Price to Earnings (P/E)
17.27 15.94 17.66 18.74 14.86 0.00 0.00 0.00 0.00 - 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
5.79% 6.27% 5.66% 5.34% 6.73% 0.00% 0.00% 0.00% 0.00% - 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.44 1.41 1.56 1.31 1.06 1.18 1.03 1.24 2.17 - 2.05
Enterprise Value to Revenue (EV/Rev)
2.19 2.13 2.39 2.06 1.62 1.78 1.57 1.94 2.29 - 2.08
Enterprise Value to EBITDA (EV/EBITDA)
8.42 8.07 8.75 7.69 6.07 6.61 6.30 8.37 10.34 - 10.26
Enterprise Value to EBIT (EV/EBIT)
15.74 15.35 16.43 14.87 11.88 12.70 13.20 19.06 23.54 - 20.89
Enterprise Value to NOPAT (EV/NOPAT)
21.30 17.56 18.65 16.11 12.14 18.29 19.03 27.46 34.31 - 47.54
Enterprise Value to Operating Cash Flow (EV/OCF)
10.20 10.71 9.73 9.93 6.60 8.38 8.97 9.59 12.50 - 11.24
Enterprise Value to Free Cash Flow (EV/FCFF)
21.13 19.85 21.79 19.58 11.04 26.41 27.83 255.44 6.09 - 5.35
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
1.28 1.23 1.22 1.20 1.18 1.23 1.23 1.24 1.41 - 0.68
Long-Term Debt to Equity
1.27 1.22 1.21 1.19 1.17 1.22 1.22 1.22 1.39 - 0.68
Financial Leverage
0.51 0.47 0.52 0.56 0.51 0.50 0.52 0.57 0.40 - 0.48
Leverage Ratio
2.64 2.63 2.64 2.62 2.60 2.59 2.57 2.57 2.67 - 2.38
Compound Leverage Factor
2.05 2.68 0.46 1.09 1.57 -3.64 9.72 1.20 1.90 - 1.78
Debt to Total Capital
56.20% 55.16% 54.91% 54.59% 54.19% 55.14% 55.15% 55.30% 58.44% - 40.58%
Short-Term Debt to Total Capital
0.58% 0.57% 0.57% 0.41% 0.55% 0.56% 0.56% 0.56% 0.60% - 0.00%
Long-Term Debt to Total Capital
55.62% 54.59% 54.34% 54.18% 53.64% 54.58% 54.59% 54.74% 57.84% - 40.58%
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
43.80% 44.84% 45.09% 45.41% 45.81% 44.86% 44.85% 44.70% 41.56% - 59.42%
Debt to EBITDA
4.76 4.75 4.58 4.67 4.65 4.53 4.88 5.10 4.98 - 2.44
Net Debt to EBITDA
2.13 1.86 1.85 2.00 1.77 1.93 2.16 2.62 4.50 - 1.43
Long-Term Debt to EBITDA
4.71 4.70 4.53 4.64 4.60 4.49 4.83 5.05 4.93 - 2.44
Debt to NOPAT
12.05 10.34 9.76 9.79 9.30 12.54 14.74 16.72 16.52 - 11.30
Net Debt to NOPAT
5.40 4.04 3.94 4.20 3.54 5.32 6.54 8.60 14.94 - 6.62
Long-Term Debt to NOPAT
11.93 10.23 9.66 9.71 9.20 12.41 14.59 16.55 16.35 - 11.30
Altman Z-Score
0.96 0.97 1.08 0.99 0.86 0.91 0.78 0.92 0.94 - 1.84
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
2.03 2.07 2.50 2.72 2.54 2.64 2.81 2.25 2.25 - 2.38
Quick Ratio
1.22 1.42 1.69 1.74 1.77 1.95 1.96 1.45 1.25 - 2.01
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
22 20 -5.68 4.68 33 -3.79 -19 -32 240 52 282
Operating Cash Flow to CapEx
223.84% 548.97% 210.13% 51.65% 397.55% 252.47% 42.29% 130.73% 2,667.99% - 119.81%
Free Cash Flow to Firm to Interest Expense
1.88 1.42 -0.42 0.27 2.94 -0.32 -1.59 -2.92 28.74 - 88.90
Operating Cash Flow to Interest Expense
2.73 4.61 2.72 0.57 5.30 3.68 0.86 2.97 6.60 - 5.34
Operating Cash Flow Less CapEx to Interest Expense
1.51 3.77 1.43 -0.53 3.97 2.22 -1.17 0.70 6.36 - 0.88
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.37 0.37 0.38 0.38 0.38 0.39 0.39 0.40 0.43 - 0.52
Accounts Receivable Turnover
7.35 8.86 9.53 8.44 8.81 8.85 9.09 7.67 9.85 - 9.30
Inventory Turnover
10.23 11.02 9.97 9.96 9.82 9.84 9.31 9.07 14.99 - 13.62
Fixed Asset Turnover
1.21 1.19 1.20 1.19 1.21 1.23 1.24 1.23 1.47 - 1.52
Accounts Payable Turnover
11.88 12.30 14.48 14.42 15.23 11.96 15.23 13.14 14.50 - 14.71
Days Sales Outstanding (DSO)
49.66 41.21 38.32 43.25 41.42 41.25 40.15 47.60 37.06 - 39.25
Days Inventory Outstanding (DIO)
35.69 33.11 36.62 36.63 37.19 37.10 39.19 40.23 24.34 - 26.80
Days Payable Outstanding (DPO)
30.72 29.68 25.20 25.31 23.96 30.52 23.97 27.78 25.17 - 24.81
Cash Conversion Cycle (CCC)
54.63 44.64 49.74 54.57 54.65 47.83 55.37 60.05 36.24 - 41.23
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,067 1,045 1,061 1,087 1,058 1,066 1,080 1,133 818 799 805
Invested Capital Turnover
0.66 0.66 0.65 0.64 0.65 0.67 0.66 0.65 0.83 - 0.84
Increase / (Decrease) in Invested Capital
-0.58 9.68 13 16 -9.27 21 18 46 -240 1.07 -274
Enterprise Value (EV)
1,537 1,474 1,654 1,419 1,127 1,256 1,109 1,407 1,775 - 1,652
Market Capitalization
1,148 1,134 1,304 1,050 798 890 728 966 1,002 - 1,422
Book Value per Share
$5.81 $6.08 $6.08 $6.13 $6.26 $6.01 $5.95 $5.90 $5.31 $5.29 $5.20
Tangible Book Value per Share
$1.33 $1.59 $1.66 $1.74 $1.86 $1.70 $1.69 $1.63 $1.91 $1.91 $1.73
Total Capital
1,548 1,573 1,578 1,580 1,592 1,561 1,558 1,549 1,463 996 968
Total Debt
870 868 866 862 863 861 859 857 855 393 393
Total Long-Term Debt
861 859 857 856 854 852 850 848 846 393 393
Net Debt
390 339 350 370 329 366 381 441 773 195 230
Capital Expenditures (CapEx)
14 12 17 19 15 17 24 25 2.07 19 14
Debt-free, Cash-free Net Working Capital (DFCFNWC)
75 48 67 90 57 51 69 89 92 1.35 14
Debt-free Net Working Capital (DFNWC)
113 136 170 173 180 197 197 158 174 199 176
Net Working Capital (NWC)
104 127 161 167 172 189 188 150 165 199 176
Net Nonoperating Expense (NNE)
5.06 -0.44 5.88 12 9.72 48 2.96 7.26 80 47 3.40
Net Nonoperating Obligations (NNO)
390 339 350 370 329 366 381 441 210 195 230
Total Depreciation and Amortization (D&A)
22 23 22 22 23 23 23 24 11 21 21
Debt-free, Cash-free Net Working Capital to Revenue
10.64% 6.88% 9.68% 13.08% 8.19% 7.28% 9.80% 12.28% 11.84% - 1.74%
Debt-free Net Working Capital to Revenue
16.10% 19.66% 24.61% 25.16% 25.95% 28.01% 27.85% 21.90% 22.43% - 22.18%
Net Working Capital to Revenue
14.82% 18.36% 23.31% 24.21% 24.70% 26.77% 26.61% 20.70% 21.30% - 22.18%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.14 $0.25 $0.01 $0.07 $0.12 ($0.26) ($0.03) $0.05 ($0.70) $0.06 $0.04
Adjusted Weighted Average Basic Shares Outstanding
116.45M 118.37M 116.96M 116.91M 116.49M 116.72M 117.26M 116.23M 113.90M 115.29M 110.69M
Adjusted Diluted Earnings per Share
$0.14 $0.25 $0.01 $0.07 $0.12 ($0.26) ($0.03) $0.05 ($0.69) $0.06 $0.04
Adjusted Weighted Average Diluted Shares Outstanding
117.37M 119.49M 117.45M 117.64M 117.19M 116.72M 117.26M 116.54M 114.87M 115.96M 111.79M
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
116.12M 116.98M 117.01M 116.47M 116.51M 117.37M 117.40M 114.42M 114.02M 110.59M 109.45M
Normalized Net Operating Profit after Tax (NOPAT)
22 16 7.10 20 24 17 -0.64 13 20 14 7.72
Normalized NOPAT Margin
12.48% 9.22% 4.42% 11.11% 13.38% 9.52% -0.39% 6.62% 9.66% - 3.59%
Pre Tax Income Margin
14.12% 13.36% 1.50% 6.22% 10.46% -20.63% -2.56% 4.02% 10.04% - 4.34%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
2.67 1.63 1.02 1.57 2.74 2.26 -0.09 1.55 3.46 - 3.94
NOPAT to Interest Expense
1.83 2.12 0.53 1.16 2.12 1.47 -0.05 1.19 0.06 - 2.43
EBIT Less CapEx to Interest Expense
1.45 0.79 -0.27 0.47 1.41 0.80 -2.12 -0.72 3.21 - -0.51
NOPAT Less CapEx to Interest Expense
0.61 1.28 -0.77 0.06 0.79 0.01 -2.08 -1.08 -0.19 - -2.02
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
213.23% 110.63% 66.17% 18.48% 9.33% -75.32% 0.00% -159.06% -25.59% - -131.75%

Financials Breakdown Chart

Key Financial Trends

Here are the most notable takeaways from Ecovyst's quarterly statements (last four years) based on the provided data.

  • Q4 2025 net income attributable to common shareholders positive: $5,740,000, reversing the Q4 2024 loss of $30,419,000 and signaling a profitability uptick for the latest quarter.
  • Q3 2025 revenue volume improved versus prior years: $204,907,000, up from about $173,326,000 in Q3 2023, with gross profit of $52,075,000 indicating continued topline strength in mid-2025.
  • Q4 2025 diluted earnings per share (EPS) positive: $0.06, reversing Q4 2024's negative EPS of about $-0.26 and showing improved quarterly profitability per share.
  • Positive quarterly operating cash flow in late-2025: Q4 2025 net cash from operating activities roughly $41.8 million (and about $34.3 million in Q3 2025), indicating solid cash generation in recent quarters.
  • Interest expense remained manageable in Q4 2025: $8.29 million, contributing to improved quarterly margins versus some earlier periods.
  • Gross margin shows seasonality and mix effects: Q4 2025 gross margin was about 19.6% (roughly 30.7m gross profit on 156.3m revenue), softer than Q3 2025's ~25.3% margin, and notably lower than Q4 2024's ~29–30% margin. This suggests quarterly mix/pricing dynamics affecting margins.
  • Long-term leverage remains elevated but stable: Long-term debt around $846–857 million in 2025 (e.g., Q3 2025: $846.1m; Q2 2025: $855.9m) with no clear, rapid deleveraging visible across the four-year window.
  • Significant financing outflows in Q4 2025: Net cash from financing activities about -$487.5 million, driven by debt repayments and equity actions, signaling substantial cash outflows tied to funding strategies.
  • Substantial investing outflows in Q4 2025: Net cash from investing activities about -$543.9 million, indicating sizable capital expenditures or acquisitions weighing on near-term liquidity.
  • Net income volatility persists across years: While Q4 2025 showed a positive quarterly result, several years/quarters showed losses or highly variable profits, highlighting ongoing earnings volatility.
05/09/26 02:54 AM ETAI Generated. May Contain Errors.

Ecovyst Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Ecovyst's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Ecovyst's net income appears to be on an upward trend, with a most recent value of -$71.13 million in 2025, falling from $11.43 million in 2015. The previous period was -$6.65 million in 2024. See where experts think Ecovyst is headed by visiting Ecovyst's forecast page.

Ecovyst's total operating income in 2025 was $64.89 million, based on the following breakdown:
  • Total Gross Profit: $158.09 million
  • Total Operating Expenses: $93.20 million

Over the last 10 years, Ecovyst's total revenue changed from $388.88 million in 2015 to $723.52 million in 2025, a change of 86.1%.

Ecovyst's total liabilities were at $657.54 million at the end of 2025, a 40.3% decrease from 2024, and a 79.7% decrease since 2016.

In the past 9 years, Ecovyst's cash and equivalents has ranged from $53.86 million in 2019 to $197.19 million in 2025, and is currently $197.19 million as of their latest financial filing in 2025.

Over the last 10 years, Ecovyst's book value per share changed from 0.00 in 2015 to 5.29 in 2025, a change of 529.2%.



Financial statements for NYSE:ECVT last updated on 5/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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