Ecovyst Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Ecovyst Inc has an operating margin of 13.9%, meaning the company retains $14 of operating profit per $100 of revenue. This strong profitability earns a score of 70/100, reflecting efficient cost management and pricing power. This is down from 14.0% the prior year.
Ecovyst Inc's revenue grew a modest 1.9% year-over-year to $704.5M. This slow but positive growth earns a score of 34/100.
Ecovyst Inc carries a low D/E ratio of 1.22, meaning only $1.22 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 66/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.64, Ecovyst Inc holds $2.64 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 86/100.
Ecovyst Inc has a free cash flow margin of 11.5%, earning a moderate score of 57/100. The company generates positive cash flow after capital investments, but with room for improvement.
Ecovyst Inc scores 1.28, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.3B) relative to total liabilities ($1.1B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Ecovyst Inc passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Ecovyst Inc generates $-22.53 in operating cash flow ($149.9M OCF vs -$6.7M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Ecovyst Inc earns $2.0 in operating income for every $1 of interest expense ($98.1M vs $49.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Ecovyst Inc (ECVT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Ecovyst Inc generated $704.5M in revenue in fiscal year 2024. This represents an increase of 1.9% from the prior year.
Ecovyst Inc's EBITDA was $187.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 3.4% from the prior year.
Ecovyst Inc generated $80.9M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 12.0% from the prior year.
Ecovyst Inc reported -$6.7M in net income in fiscal year 2024. This represents a decrease of 109.3% from the prior year.
Ecovyst Inc earned $-0.06 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 110.0% from the prior year.
Ecovyst Inc held $131.4M in cash against $852.1M in long-term debt as of fiscal year 2024.
Ecovyst Inc had 117M shares outstanding in fiscal year 2024. This represents an increase of 0.4% from the prior year.
Ecovyst Inc's gross margin was 28.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.0 percentage points from the prior year.
Ecovyst Inc's operating margin was 13.9% in fiscal year 2024, reflecting core business profitability. This is down 0.1 percentage points from the prior year.
Ecovyst Inc's net profit margin was -0.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 11.2 percentage points from the prior year.
Ecovyst Inc invested $6.8M in research and development in fiscal year 2024. This represents a decrease of 12.6% from the prior year.
Ecovyst Inc spent $5.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 93.6% from the prior year.
Ecovyst Inc invested $69.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 5.5% from the prior year.
ECVT Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $204.9M+2.4% | $200.1M+23.4% | $162.2M-21.7% | $207.3M+13.4% | $182.8M+13.9% | $160.5M-7.1% | $172.8M-0.3% | $173.3M |
| Cost of Revenue | $152.8M+1.6% | $150.4M+10.1% | $136.6M-5.0% | $143.8M+11.3% | $129.2M+6.5% | $121.3M-3.3% | $125.5M+4.5% | $120.1M |
| Gross Profit | $52.1M+4.7% | $49.7M+94.1% | $25.6M-59.7% | $63.5M+18.3% | $53.7M+36.8% | $39.2M-17.1% | $47.3M-11.0% | $53.2M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $15.7M-30.9% | $22.7M+6.2% | $21.3M-12.5% | $24.4M+7.4% | $22.7M+5.1% | $21.6M+9.4% | $19.8M+16.6% | $16.9M |
| Operating Income | $28.3M+58.8% | $17.8M+2052.7% | -$912K-103.2% | $28.8M+3.2% | $27.8M+99.6% | $14.0M-38.7% | $22.8M-28.7% | $31.9M |
| Interest Expense | $8.4M-24.7% | $11.1M+1.0% | $11.0M-6.8% | $11.8M-8.4% | $12.9M-3.8% | $13.4M-3.7% | $13.9M+17.8% | $11.8M |
| Income Tax | $20.2M+878.4% | $2.1M+473.9% | -$552K+92.4% | -$7.2M-334.8% | $3.1M+161.2% | $1.2M+117.2% | -$6.8M-186.7% | $7.9M |
| Net Income | -$79.3M-1424.0% | $6.0M+266.4% | -$3.6M+88.2% | -$30.4M-466.7% | $8.3M+579.4% | $1.2M-95.9% | $29.9M+80.6% | $16.6M |
| EPS (Diluted) | $-0.69-1480.0% | $0.05+266.7% | $-0.03+88.5% | $-0.26-471.4% | $0.07+600.0% | $0.01-96.0% | $0.25+78.6% | $0.14 |
ECVT Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.7B-3.4% | $1.8B+0.5% | $1.8B-0.9% | $1.8B-1.0% | $1.8B-0.6% | $1.8B-0.4% | $1.8B+1.4% | $1.8B |
| Current Assets | $297.1M+10.3% | $269.4M-7.7% | $292.0M-3.9% | $303.7M+15.1% | $264.0M-1.7% | $268.5M+9.2% | $246.0M+20.4% | $204.3M |
| Cash & Equivalents | $82.0M+17.8% | $69.6M-45.4% | $127.5M-3.0% | $131.4M+57.7% | $83.3M-19.2% | $103.1M+16.7% | $88.4M+130.6% | $38.3M |
| Inventory | $24.1M-63.9% | $66.9M+13.8% | $58.8M+227.1% | $18.0M-65.5% | $52.0M-0.9% | $52.5M+16.4% | $45.1M-6.5% | $48.3M |
| Accounts Receivable | $83.3M-19.5% | $103.5M+34.5% | $76.9M+44.6% | $53.2M-37.6% | $85.2M+8.7% | $78.4M-3.5% | $81.3M-3.0% | $83.8M |
| Goodwill | $327.0M-19.6% | $406.7M+0.5% | $404.9M+24.0% | $326.6M-19.2% | $404.3M0.0% | $404.3M-0.1% | $404.5M+0.3% | $403.4M |
| Total Liabilities | $1.1B+2.1% | $1.1B+1.4% | $1.1B-1.2% | $1.1B-0.1% | $1.1B-1.5% | $1.1B-1.1% | $1.1B-0.2% | $1.1B |
| Current Liabilities | $132.1M+10.4% | $119.7M+15.0% | $104.0M-9.6% | $115.1M+18.7% | $97.0M-9.7% | $107.5M-9.7% | $119.1M+18.6% | $100.4M |
| Long-Term Debt | $846.1M-0.2% | $847.9M-0.3% | $850.3M-0.2% | $852.1M-0.4% | $855.9M-0.2% | $857.2M-0.2% | $858.9M-0.2% | $860.7M |
| Total Equity | $607.9M-12.2% | $692.4M-0.9% | $698.7M-0.3% | $700.5M-2.3% | $717.3M+0.8% | $711.4M+0.8% | $705.5M+4.1% | $677.9M |
| Retained Earnings | -$254.4M-45.3% | -$175.1M+3.3% | -$181.1M-2.0% | -$177.5M-10.0% | -$161.3M+4.9% | -$169.6M+0.7% | -$170.9M+14.9% | -$200.8M |
ECVT Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $55.3M+67.2% | $33.0M+222.1% | $10.3M-76.4% | $43.5M+336.8% | $10.0M-72.7% | $36.5M-43.1% | $64.2M+98.9% | $32.3M |
| Capital Expenditures | $2.1M-91.8% | $25.3M+4.2% | $24.3M-6.7% | $26.0M+34.8% | $19.3M+11.0% | $17.4M+48.6% | $11.7M-18.9% | $14.4M |
| Free Cash Flow | $53.2M+584.9% | $7.8M+155.5% | -$14.0M-180.0% | $17.5M+287.8% | -$9.3M-148.7% | $19.1M-63.6% | $52.5M+194.1% | $17.9M |
| Investing Cash Flow | -$17.6M+73.5% | -$66.6M-174.6% | -$24.3M-40.8% | -$17.2M+11.5% | -$19.5M-12.1% | -$17.4M-48.6% | -$11.7M+18.9% | -$14.4M |
| Financing Cash Flow | -$8.1M+67.6% | -$24.9M-460.2% | -$4.5M-63.1% | -$2.7M+73.2% | -$10.2M-143.0% | -$4.2M-38.1% | -$3.0M+71.4% | -$10.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $5.5M | N/A | N/A | $0-100.0% | $5.0M | $0 | $0-100.0% | $5.3M |
ECVT Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.4%+0.6pp | 24.9%+9.1pp | 15.8%-14.8pp | 30.6%+1.3pp | 29.3%+4.9pp | 24.4%-2.9pp | 27.4%-3.3pp | 30.7% |
| Operating Margin | 13.8%+4.9pp | 8.9%+9.5pp | -0.6%-14.4pp | 13.9%-1.4pp | 15.2%+6.5pp | 8.7%-4.5pp | 13.2%-5.3pp | 18.4% |
| Net Margin | -38.7%-41.7pp | 3.0%+5.2pp | -2.2%+12.5pp | -14.7%-19.2pp | 4.5%+3.8pp | 0.8%-16.6pp | 17.3%+7.8pp | 9.6% |
| Return on Equity | N/A | 0.9% | N/A | 1.9%+0.8pp | 1.2%+1.0pp | 0.2%-4.1pp | 4.2%+1.8pp | 2.5% |
| Return on Assets | -4.6%-4.9pp | 0.3%+0.5pp | -0.2%+1.5pp | -1.7%-2.1pp | 0.5%+0.4pp | 0.1%-1.6pp | 1.6%+0.7pp | 0.9% |
| Current Ratio | 2.250.0 | 2.25-0.6 | 2.81+0.2 | 2.64-0.1 | 2.72+0.2 | 2.50+0.4 | 2.07+0.0 | 2.03 |
| Debt-to-Equity | 1.39+0.2 | 1.220.0 | 1.220.0 | 1.22+0.0 | 1.19-0.0 | 1.21-0.0 | 1.22-0.1 | 1.27 |
| FCF Margin | 25.9%+22.1pp | 3.9%+12.5pp | -8.6%-17.1pp | 8.4%+13.5pp | -5.1%-17.0pp | 11.9%-18.5pp | 30.4%+20.1pp | 10.3% |
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Frequently Asked Questions
What is Ecovyst Inc's annual revenue?
Ecovyst Inc (ECVT) reported $704.5M in total revenue for fiscal year 2024. This represents a 1.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Ecovyst Inc's revenue growing?
Ecovyst Inc (ECVT) revenue grew by 1.9% year-over-year, from $691.1M to $704.5M in fiscal year 2024.
Is Ecovyst Inc profitable?
No, Ecovyst Inc (ECVT) reported a net income of -$6.7M in fiscal year 2024, with a net profit margin of -0.9%.
What is Ecovyst Inc's earnings per share (EPS)?
Ecovyst Inc (ECVT) reported diluted earnings per share of $-0.06 for fiscal year 2024. This represents a -110.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Ecovyst Inc's EBITDA?
Ecovyst Inc (ECVT) had EBITDA of $187.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Ecovyst Inc have?
As of fiscal year 2024, Ecovyst Inc (ECVT) had $131.4M in cash and equivalents against $852.1M in long-term debt.
What is Ecovyst Inc's gross margin?
Ecovyst Inc (ECVT) had a gross margin of 28.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Ecovyst Inc's operating margin?
Ecovyst Inc (ECVT) had an operating margin of 13.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Ecovyst Inc's net profit margin?
Ecovyst Inc (ECVT) had a net profit margin of -0.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Ecovyst Inc's free cash flow?
Ecovyst Inc (ECVT) generated $80.9M in free cash flow during fiscal year 2024. This represents a 12.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Ecovyst Inc's operating cash flow?
Ecovyst Inc (ECVT) generated $149.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Ecovyst Inc's total assets?
Ecovyst Inc (ECVT) had $1.8B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Ecovyst Inc's capital expenditures?
Ecovyst Inc (ECVT) invested $69.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Ecovyst Inc spend on research and development?
Ecovyst Inc (ECVT) invested $6.8M in research and development during fiscal year 2024.
Does Ecovyst Inc buy back shares?
Yes, Ecovyst Inc (ECVT) spent $5.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Ecovyst Inc have outstanding?
Ecovyst Inc (ECVT) had 117M shares outstanding as of fiscal year 2024.
What is Ecovyst Inc's current ratio?
Ecovyst Inc (ECVT) had a current ratio of 2.64 as of fiscal year 2024, which is generally considered healthy.
What is Ecovyst Inc's debt-to-equity ratio?
Ecovyst Inc (ECVT) had a debt-to-equity ratio of 1.22 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Ecovyst Inc's return on assets (ROA)?
Ecovyst Inc (ECVT) had a return on assets of -0.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Ecovyst Inc's Altman Z-Score?
Ecovyst Inc (ECVT) has an Altman Z-Score of 1.28, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Ecovyst Inc's Piotroski F-Score?
Ecovyst Inc (ECVT) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Ecovyst Inc's earnings high quality?
Ecovyst Inc (ECVT) has an earnings quality ratio of -22.53x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Ecovyst Inc cover its interest payments?
Ecovyst Inc (ECVT) has an interest coverage ratio of 2.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Ecovyst Inc?
Ecovyst Inc (ECVT) scores 63 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.