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Ecovyst Inc. (ECVT) stock

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NYSE: ECVT NYSE Specialty Chemicals Next results ~November 5, 2026

B Fundamentals grade

Ecovyst Inc. is a US-listed company in the specialty chemicals industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: our cash-flow value ($32.35) is 3.21x the share price ($10.09) and 2.56x the median of our other models ($12.64); the other models don't support a gap this wide.

Price vs value

Under review: our cash-flow value ($32.35) is 3.21x the share price ($10.09) and 2.56x the median of our other models ($12.64); the other models don't support a gap this wide. We'll show the comparison once resolved.

Ecovyst Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 2 selling1 purchase and 2 sales by directors and officers, last 12 monthsInsider trades
  • Funds123 adding, 89 cuttingOf 53 active managers that changed their stake, 32 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Ecovyst files

Where Ecovyst stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $869m, up 39.8% on a year earlier, faster than the 32.6% growth a quarter earlier. That growth ranks 2 of 30 among the specialty chemicals companies we cover. Free-cash-flow margin fell to 8.3% from 14.3% a year earlier. The diluted share count is down 3.5% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 3 of our 7 financial-health checks.

Our model value for Ecovyst is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Ecovyst Inc.'s trailing-twelve-month revenue grew 39.8% year on year, with a free-cash-flow margin of 8.3%. Where it stands out: change in share count of -3.5% ranks 3 of 37 specialty chemicals companies we cover. Where it lags: long-term debt as % of assets of 34.7% ranks 29 of 36 specialty chemicals companies we cover.

Our discounted-cash-flow model values the business at ~$32 per share in the base case (~$24–$44 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 18.5% while net income fell 345.1%: a 327pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 39.8% over the last 12 months, against a median of 6.0% for specialty chemicals companies we cover.
  • Growth speeding up. The growth rate is 7.2 points higher than a quarter earlier.
  • Shrinking share count. Diluted shares fell 3.5% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
  • Gross margin slipping. Gross margin is down 2.4 points on a year ago.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 34.7% ranks 29 of 36 specialty chemicals companies we cover (median 26.8%).
  • Short interest rising. Shares sold short rose 20% in a month to 5.9% of tradable shares.
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 5.4% over 90 days.

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
$0.21 against an average estimate of $0.19: beat by 12.8%
Revenue
$250m, up 42.0% on a year earlier
Share reaction
-9.2% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Guidance given
sales $1,020m to $1,060m (2026); adjusted EBITDA $195m to $207m (2026)
Next report
November 5, 2026; average EPS estimate $0.21

Ecovyst's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.7%
  • 1 week+2.2%
  • 1 month-0.7%
  • This year+3.3%
  • 1 year+22.7%
  • 5 years-15.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$869M
Operating margin
9.4%
Net margin
-7.1%
EPS (TTM, diluted)
$-0.54

Growth

Revenue growth
+39.8%
Change in growth rate
+7.2 pts
Share count change
−3.5%

Cash

Free cash flow (TTM)
$72.2M
FCF margin
8.3%
Stock pay % of revenue
1.2%

Earnings

Last results
August 5, 2026
Next results (est.)
November 3, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Leadership
  3. Results
  4. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Ecovyst Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: our cash-flow value ($32.35) is 3.21x the share price ($10.09) and 2.56x the median of our other models ($12.64); the other models don't support a gap this wide.

Our value per share comes from a discounted-cash-flow model of Ecovyst Inc.'s free cash flow after stock-based pay ( $127M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Ecovyst Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.9%: the 10-year Treasury yield (4.9%) plus a beta of 0.87 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$32 ~$24–$44 Primary model, counts double
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$2.7 ~$1.3–$3.5 Left out: far from the other models (more than 3x away from their median)
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$13 ~$11–$15 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$1.9 ~$1.1–$3.1 Left out: out of range vs price (0.19x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Ecovyst Inc. with Specialty Chemicals in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 201720182019202020212022202320242025Now
Share price$11.69$10.52$12.21$11.56$10.24$8.86$9.77$7.64$9.73$10.05
Market value$1.3bn$1.4bn$1.7bn$1.6bn$1.4bn$1.2bn$1.2bn$897m$1.1bn$1.1bn
+ Net debt (− = net cash)$2.2bn$2.1bn$1.8bn$1.3bn$755m$776m$789m$739m$200m$409m
Enterprise value$3.5bn$3.5bn$3.5bn$2.9bn$2.2bn$2.0bn$2.0bn$1.6bn$1.3bn$1.5bn
Multiples
Price / sales 0.9x1.2x3.1x3.2x2.3x1.5x2.0x1.5x1.6x1.3x
Price / earnings 22.7x24.3x20.8x——16.2x16.4x———
Price / free cash flow 52.9x10.4x7.8x9.3x20.2x9.4x14.9x9.5x16.1x15.7x
EV / EBITDA 10.2x11.4x24.8x22.5x16.1x10.7x11.2x9.4x10.0x11.2x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

63 /100

Moderate moat

How hard Ecovyst's competitive advantage looks for rivals to wear away, judged from 9 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 4 / 20

    Cash operating profit has been a median 4.7% of total assets over 7 years.

  • Pricing power 10 / 20

    Gross margin has been a median 26.6%, moving by 2.4 percentage points (standard deviation) across 9 years.

  • Durability 12 / 20

    Operating margin has been a median 11.0%; its worst year was 8.3%.

  • Cash conversion 17 / 20

    Free cash flow was positive in 9 of 9 years, at a median 13.5% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 16.8% over five years; stock-based pay has been a median 1.8% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, before the open. Analysts expect revenue of $292m and EPS of $0.21 (range $0.18 to $0.26) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.69 +78% $1.0bn +45%
Next $0.87 +25% $1.1bn +3%

Next year's EPS estimate has moved −5.4% in 90 days, across 6 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +4.5% on 90 days ago. In the last 30 days, 2 analysts raised Ecovyst Inc.'s forecast and 1 cut it.

Consensus EPS forecast Ecovyst Inc., last 90 days
$0.60 $0.70 $0.80 $0.90 $1.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.66 Current fiscal year, 60 days ago: $0.68 Current fiscal year, 30 days ago: $0.68 Current fiscal year, 7 days ago: $0.69 Current fiscal year, Now: $0.69 $0.69 Next fiscal year, 90 days ago: $0.92 Next fiscal year, 60 days ago: $0.88 Next fiscal year, 30 days ago: $0.87 Next fiscal year, 7 days ago: $0.88 Next fiscal year, Now: $0.87 $0.87

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.66$0.92
60 days ago $0.68$0.88
30 days ago $0.68$0.87
7 days ago $0.69$0.88
Now $0.69$0.87

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.19 $0.21 +12.8%
Mar 2026 $0.05 $0.11 +118.1%
Dec 2025 $0.15 $0.28 +83.8%
Sept 2025 $0.13 $0.19 +46.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026
  • Sales 2026 $1,020m to $1,060m Raised
    “Sales 1 of $1,020 million to $1,060 million (change from $890 million to $970 million)” source
  • Adjusted Diluted Income per share 2026 $0.58 to $0.72 Non-GAAP Raised
    “Adjusted Net Income 2 of $65 million to $85 million (change from $55 million to $75 million), with Adjusted Diluted Income per share 2 of $0.58 to $0.72 (change from $0.50 to $0.65)” source
  • Adjusted EBITDA 2026 $195m to $207m Non-GAAP Raised
    “Adjusted EBITDA 2 of approximately $195 million to $207 million (change from $180 million to $195 million), including an impact from Calabrian in the second half of 2026 of $10 million to $12 million” source
  • Adjusted Free Cash Flow 2026 $45m to $55m Non-GAAP Raised
    “Adjusted Free Cash Flow 2 of $45 million to $55 million (change from $40 million to $55 million)” source
  • Capital expenditures 2026 $85m to $95m Raised
    “Capital expenditures of $85 million to $95 million (change from $80 million to $90 million)” source
  • Interest expense 2026 $18m to $22m
    “Interest expense of $18 million to $22 million” source
Show 2 more items
  • Depreciation & Amortization 2026 $80m to $84m Raised
    “Depreciation & Amortization of $80 million to $84 million (change from $78 million to $82 million)” source
  • Adjusted Net Income 2026 $65m to $85m Non-GAAP Raised
    “Adjusted Net Income 2 of $65 million to $85 million (change from $55 million to $75 million), with Adjusted Diluted Income per share 2 of $0.58 to $0.72 (change from $0.50 to $0.65)” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Ecovyst Inc.'s revenue by +19.4% next year and +9.9% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+22.0%, weight 52%) , management guidance (+21.4%, weight 21%) and the company's own record (+13.0%, weight 28%) . How the weights are set.

Analyst recommendations

6 analysts, Oct 2026
Buy583%
Hold117%
Sell00%

Monthly trend

  1. Oct 20261416
  2. Sep 20261416

Counts of recommendations published by analysts covering Ecovyst Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.9%
of tradable shares
Days to cover
4.89
at average volume
Short interest, 1 month
+20%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
1.9%
of shares
Employees
617
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +22.7%

$8.19 on October 31, 2025 to $10.05

ThenNowEffect
Revenue (last 12 months) $622m $869m +39.8%
P/S multiple 1.5x 1.3x −15.3%
Share count 117m 113m +3.7%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

Last 3 years +6.7%

$9.42 on November 3, 2023 to $10.05

ThenNowEffect
Revenue (last 12 months) $760m $869m +14.3%
P/S multiple 1.6x 1.3x −16.3%
Share count 126m 113m +11.5%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
ECVT−11%−14%+10%−22%+27%+3%
Industry peers (median)+19%−26%−9%+7%−15%+6%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
ECVT58%42%58%33%58%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
ECVT−34%−30%−29%−45%−37%−35%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since September 29, 2017: 63% from March 15, 2021 to April 8, 2025. Getting back needed a 169% gain, reached on April 13, 2026, 370 days after the low.

Price behaviour

52-week range
$7.84 – $14.97
From 52-week high
−32.9%
vs 50-day average
−1.0%
vs 200-day average
−14.9%
Volatility (1 year)
32%
Beta vs S&P 500
0.64

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±8.5%
After a week
7 up, 5 down
typical move ±11.3%
After a month
7 up, 5 down
typical move ±15.3%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −9.2% −0.4% −18.0% −15.7%
May 5, 2026 +4.0% +2.2% +3.3% −8.4%
February 26, 2026 −0.4% −1.0% +0.2% +13.4%
November 4, 2025 +2.3% −0.8% +5.8% +3.1%
August 7, 2025 +0.8% +0.7% +4.2% +9.1%
May 1, 2025 +10.5% +2.2% +17.9% +24.2%
February 27, 2025 −16.2% −0.1% −14.3% −22.2%
October 31, 2024 +19.6% −1.5% +29.5% +35.3%
August 1, 2024 −29.9% −3.3% −29.9% −24.7%
May 2, 2024 +3.0% +2.2% +3.0% −3.4%
February 28, 2024 −1.3% +0.2% −6.9% +14.0%
November 2, 2023 +4.4% +2.8% −2.3% +9.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Ecovyst Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Ecovyst Inc.
$500M $600M $700M $800M $900M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $701.1M Revenue (TTM), FY23 Q4: $584.8M Revenue (TTM), FY24 Q1: $565.6M Revenue (TTM), FY24 Q2: $535.4M Revenue (TTM), FY24 Q3: $516M Revenue (TTM), FY24 Q4: $598.3M Revenue (TTM), FY25 Q1: $599.8M Revenue (TTM), FY25 Q2: $621.9M Revenue (TTM), FY25 Q3: $672.9M Revenue (TTM), FY25 Q4: $723.5M Revenue (TTM), FY26 Q1: $795.4M Revenue (TTM), FY26 Q2: $869.3M $869.3M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $701.1M
FY23 Q4 $584.8M
FY24 Q1 $565.6M
FY24 Q2 $535.4M
FY24 Q3 $516M
FY24 Q4 $598.3M
FY25 Q1 $599.8M
FY25 Q2 $621.9M
FY25 Q3 $672.9M
FY25 Q4 $723.5M
FY26 Q1 $795.4M
FY26 Q2 $869.3M
Revenue growth, TTM YoY Ecovyst Inc.
-40% -20% 0% 20% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -13.2% Revenue growth, TTM YoY, FY23 Q4: -28.7% Revenue growth, TTM YoY, FY24 Q1: -29.4% Revenue growth, TTM YoY, FY24 Q2: -29.6% Revenue growth, TTM YoY, FY24 Q3: -26.4% Revenue growth, TTM YoY, FY24 Q4: 2.3% Revenue growth, TTM YoY, FY25 Q1: 6.1% Revenue growth, TTM YoY, FY25 Q2: 16.2% Revenue growth, TTM YoY, FY25 Q3: 30.4% Revenue growth, TTM YoY, FY25 Q4: 20.9% Revenue growth, TTM YoY, FY26 Q1: 32.6% Revenue growth, TTM YoY, FY26 Q2: 39.8% 39.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -13.2%
FY23 Q4 -28.7%
FY24 Q1 -29.4%
FY24 Q2 -29.6%
FY24 Q3 -26.4%
FY24 Q4 2.3%
FY25 Q1 6.1%
FY25 Q2 16.2%
FY25 Q3 30.4%
FY25 Q4 20.9%
FY26 Q1 32.6%
FY26 Q2 39.8%
Operating margin (TTM) Ecovyst Inc.
8% 10% 12% 14% 16% 18% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 13.7% Operating margin (TTM), FY23 Q4: 15.3% Operating margin (TTM), FY24 Q1: 16.7% Operating margin (TTM), FY24 Q2: 15.5% Operating margin (TTM), FY24 Q3: 15.2% Operating margin (TTM), FY24 Q4: 14.2% Operating margin (TTM), FY25 Q1: 11.8% Operating margin (TTM), FY25 Q2: 10.4% Operating margin (TTM), FY25 Q3: 9.7% Operating margin (TTM), FY25 Q4: 9.0% Operating margin (TTM), FY26 Q1: 9.9% Operating margin (TTM), FY26 Q2: 9.4% 9.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 13.7%
FY23 Q4 15.3%
FY24 Q1 16.7%
FY24 Q2 15.5%
FY24 Q3 15.2%
FY24 Q4 14.2%
FY25 Q1 11.8%
FY25 Q2 10.4%
FY25 Q3 9.7%
FY25 Q4 9.0%
FY26 Q1 9.9%
FY26 Q2 9.4%
FCF margin (TTM) Ecovyst Inc.
5% 10% 15% 20% 25% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 11.1% FCF margin (TTM), FY23 Q4: 13.4% FCF margin (TTM), FY24 Q1: 19.9% FCF margin (TTM), FY24 Q2: 16.1% FCF margin (TTM), FY24 Q3: 23.7% FCF margin (TTM), FY24 Q4: 15.8% FCF margin (TTM), FY25 Q1: 11.4% FCF margin (TTM), FY25 Q2: 14.3% FCF margin (TTM), FY25 Q3: 11.6% FCF margin (TTM), FY25 Q4: 9.7% FCF margin (TTM), FY26 Q1: 10.0% FCF margin (TTM), FY26 Q2: 8.3% 8.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 11.1%
FY23 Q4 13.4%
FY24 Q1 19.9%
FY24 Q2 16.1%
FY24 Q3 23.7%
FY24 Q4 15.8%
FY25 Q1 11.4%
FY25 Q2 14.3%
FY25 Q3 11.6%
FY25 Q4 9.7%
FY26 Q1 10.0%
FY26 Q2 8.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1,064 1,472 1,229 533 496 611 820 585 598 724 869
Gross profit 254 377 303 167 151 177 225 166 163 158 185
EBITDA 210 343 309 141 128 134 184 174 174 133 137
Operating income 82 166 156 66 52 55 104 90 85 65 82
Net income −80 58 58 80 −279 −140 74 71 −7 −71 −61
Diluted EPS −$1.02 $0.52 $0.43 $0.59 −$2.04 −$1.02 $0.55 $0.60 −$0.06 −$0.61 −$0.54
Growth (year on year)
Revenue — +38.3% −16.5% −56.6% −6.9% +23.2% +34.2% −28.7% +2.3% +20.9% +39.8%
EBITDA — +63.5% −9.8% −54.5% −8.7% +4.6% +36.6% −5.1% +0.2% −24.0% −12.8%
Operating income — +103.4% −6.2% −57.6% −21.8% +5.9% +91.2% −14.2% −4.9% −23.8% +26.5%
Net income — — +1.2% +36.4% −450.5% — — −3.5% −109.3% — —
Diluted EPS — — −17.3% +37.2% −445.8% — — +9.1% −110.0% — —
Margins
Gross margin 23.9% 25.6% 24.7% 31.4% 30.4% 28.9% 27.4% 28.5% 27.3% 21.8% 21.3%
EBITDA margin 19.7% 23.3% 25.2% 26.4% 25.9% 22.0% 22.4% 29.8% 29.2% 18.3% 15.8%
Operating margin 7.7% 11.3% 12.7% 12.4% 10.4% 8.9% 12.7% 15.3% 14.2% 9.0% 9.4%
Net margin −7.5% 3.9% 4.7% 14.9% −56.2% −22.9% 9.0% 12.2% −1.1% −9.8% −7.1%
Free-cash-flow margin 0.1% 1.7% 11.1% 39.9% 34.0% 11.4% 15.6% 13.4% 15.8% 9.7% 8.3%
Cash flow
Cash from operations 123 165 249 268 224 130 187 138 150 140 148
Capital spending 121 140 112 55 55 60 59 59 56 70 76
Free cash flow 1 25 137 213 169 70 128 79 94 70 72
Stock-based pay 5 9 18 13 17 32 21 13 11 10 10
Free cash flow after stock pay −4 16 118 199 152 38 107 66 83 60 62
Balance sheet
Cash 71 66 37 36 113 141 111 88 131 197 88
Total debt 2,618 2,270 2,148 1,867 1,426 896 887 878 871 397 497
Net debt (negative = net cash) 2,547 2,204 2,111 1,831 1,313 755 776 789 739 200 409
Diluted shares 78m 112m 135m 136m 136m 138m 135m 119m 117m 116m 113m
Returned to shareholders
Dividends — — 0 0 244 436 0 0 — — —
Buybacks 3 0 3 0 2 0 137 79 5 47 61
Total returned 3 0 3 0 246 436 137 79 5 47 61

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 7 checks passed · June 30, 2026
What it owns · $1.4bn
Short-term assets $261mLonger-term assets $1.2bn
What it owes, and who funded it · $1.4bn
Short-term liabilities $154mLonger-term liabilities $680mShareholders' equity $587m
  • Short-term assets cover short-term liabilities $261m of assets due within a year against $154m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $261m short-term assets against $680m of longer-dated liabilities.
  • More cash than debt $88m of cash against $493m of debt.
  • Debt below 40% of shareholders' equity Debt is 84% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 118% to 84% over five years.
  • A year's operating cash flow covers at least 20% of debt $148m of operating cash flow against $493m of debt.
  • Operating profit covers interest at least five times over Operating income of $82m against $24m of interest.

From Ecovyst Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$61.4M
Returned to shareholders
85%
of free cash flow
Buybacks, last 3 fiscal years
$131M
Diluted share count
−3.5%
year over year
Total shareholder yield
5.6%
dividends 0.0% + buybacks 5.6% of market value
Sales & admin spending
7.9%
of revenue
Days sales outstanding
47 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in specialty chemicals
Last 12 months unless stated ECVT ALTO PRM BCPC HWKN EAF Median
Revenue, last 12 months $869m $943m $757m $1.1bn $1.1bn $509m $906m
Revenue growth, last 12 months 39.8% 1.1% 24.2% 9.4% 9.0% −2.5% 5.4%
Revenue growth, 3-year average 4.6% −10.1% 33.0% 6.2% 6.8% −11.4% 0.9%
Revenue growth, latest quarter 42.0% 12.5% 31.5% 8.6% 11.9% −2.7% 8.3%
Gross margin 21.3% 6.8% 54.7% 36.5% 22.4% −6.7% 28.8%
Operating margin 9.4% 3.8% −50.6% 20.7% 11.1% −21.0% 4.3%
Operating margin, 3-year average 11.8% −1.8% −13.6% 19.8% 11.6% −26.9% 5.5%
Net margin −7.1% 5.5% −44.9% 15.4% 7.5% −38.4% 0.8%
Cash from operations / revenue 17.1% 6.9% 16.9% 20.2% 13.1% −22.2% 6.9%
Free-cash-flow margin 8.3% 5.3% 12.8% 15.8% 8.1% −31.1% 4.3%
Free-cash-flow margin, 3-year average 12.9% 1.4% 19.9% 15.6% 8.1% −20.0% 5.1%
Stock pay / revenue 1.2% 0.3% 2.3% 1.8% 0.7% 1.1% 1.0%
Change in share count −3.5% 4.0% 6.7% −1.6% −0.2% −1.3% 0.1%

Median of all 42 companies we cover in specialty chemicals. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

42 specialty chemicals companies
Measure Company Peer median Rank
Revenue growth Growth 39.8% 6.0% 4 of 42
Change in growth rate Growth +7.2pp +1.3pp 8 of 42
Gross margin Profitability 21.3% 31.5% 29 of 40
Operating margin Profitability 9.4% 3.8% 12 of 39
Net margin Profitability -7.1% 1.7% 25 of 42
Free-cash-flow margin Cash generation 8.3% 4.8% 10 of 42
Stock pay as % of revenue Cash generation 1.2% 1.0% 23 of 36
Long-term debt as % of assets Balance sheet 34.7% 26.8% 29 of 36
Change in share count Balance sheet -3.5% 0.0% 3 of 37
Days sales outstanding Balance sheet 47 days 59 days 9 of 30

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Regeneration and Treatment Services $361M 49.9% ▲ 1.1%
Industrial Mining Automotive $328M 45.3% ▲ 58.5%
Other Services $34.3M 4.7% ▲ 1.0%

From Ecovyst Inc.'s 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.4B
Institutions reporting
207
Shares held vs prior quarter
▼ 2.2%
Positions opened / closed
47 / 35

Top buyers and sellers, Q2 2026: 123 institutions bought and 89 sold ; the biggest buyer was Altravue Capital, LLC (+2.0M shares) and the biggest seller Hotchkis & Wiley Capital Management LLC (−4.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $133M 10.7M 9.8% ▲ 22.1%
Rubric Capital Management LP $102M 8.2M 7.5% ▼ 10.1%
Dimensional Fund Advisors LP $82M 6.6M 6.0% ▲ 1.3%
Vanguard Portfolio Management LLC $75.8M 6.1M 5.6% ▲ 16.1%
FMR LLC $66.4M 5.3M 4.9% ▲ 19.4%
Arrowstreet Capital, Limited Partnership $63.9M 5.1M 4.7% ▲ 6.3%
Vanguard Capital Management LLC $60.3M 4.8M 4.4% ▼ 2.7%
Brown Advisory Inc $56.4M 4.5M 4.1% ▼ 6.4%
American Century Companies Inc $43.3M 3.5M 3.2% ▲ 71.6%
Geode Capital Management, LLC $39.2M 3.1M 2.9% ▲ 14.0%
Brightline Capital Management, LLC $37.5M 3.0M 2.8% ▲ 7.6%
State Street Corp $33.3M 2.7M 2.4% ▲ 3.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Ecovyst Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $249,994 1 trade by 1 insider, last 12 months Insider sales History → $238,638 2 trades by 2 insiders · 0% under pre-set plans
Net ▲ $11,356 net buying
Insider Date Trade Shares Price Value
Humble Patti A. Director September 10, 2026 Buy 24,875 $10.05 $249,994
Lorance Sarah Director June 2, 2026 Sell 8,450 $13.33 $112,638
Ward Susan F Director November 7, 2025 Sell 15,000 $8.40 $126,000

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 5, 2026
  • February 26, 2026
  • November 4, 2025
  • August 7, 2025
  • May 1, 2025

Recent SEC filings

Data status

When each part of this page on Ecovyst Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Ecovyst Inc. in brief

What does Ecovyst Inc. do?
Ecovyst Inc. is a US-listed company in the specialty chemicals industry. Its financial year ends in December.
What is Ecovyst Inc.'s stock ticker?
Ecovyst Inc. trades under the ticker ECVT on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Ecovyst Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Ecovyst Inc. reported revenue of $869M, 39.8% higher than a year earlier, according to its SEC filings.
What is Ecovyst Inc.'s free cash flow?
Ecovyst Inc.'s free-cash-flow margin is 8.3% of revenue over the trailing twelve months, ranking 10 of the 42 specialty chemicals companies we cover.
Who are Ecovyst Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Rubric Capital Management LP and Dimensional Fund Advisors LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Ecovyst Inc. buying back stock, and does it pay a dividend?
Ecovyst Inc. spent $61.4M on share repurchases over the trailing twelve months, and its diluted share count fell 3.5% over the year.
What is Ecovyst Inc.'s market cap?
On November 2, 2026, Ecovyst Inc.'s market capitalisation was about $1.1B and net debt of $409M. Market figures come from third-party market data and may be delayed.
How much debt does Ecovyst Inc. have?
Ecovyst Inc.'s debt-to-equity ratio is 84.0%, from its latest balance sheet (117.8% five years earlier). The financial health section below sets out its other solvency checks.
Who are Ecovyst Inc.'s competitors?
In our Specialty Chemicals peer group, the companies closest to Ecovyst Inc. are Alto Ingredients, Inc., Perimeter Solutions, Inc., Balchem Corp, Hawkins Inc and Graftech International LTD. The side-by-side comparison below sets their revenue, margins and growth against Ecovyst Inc.'s.
Are insiders buying or selling Ecovyst Inc. stock?
Over the last 12 months, Ecovyst Inc.'s directors and officers reported 1 open-market purchases and 2 sales on Form 4. The insider trading page charts every trade.
When is Ecovyst Inc.'s next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Ecovyst Inc. announces its own schedule.