Ecovyst Inc.
Business
Ecovyst Inc. is an integrated provider of virgin and regenerated sulfuric acid products and services for North American refineries, mining, water treatment, and industrial applications. The company operates manufacturing and regeneration facilities strategically located on the Gulf Coast and in California, serving customers through regeneration services, virgin sulfuric acid production, hazardous waste treatment, and catalyst activation. Ecovyst holds leading supply positions across product lines, with most contracts featuring raw material cost pass-through provisions and a substantial portion covered by multi-year commitments.
Summary from 10-K filed 2026-02-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Sales | 724 | 598 | 585 | 820 | 611 | |
| Cost of goods sold | 565 | 435 | 418 | 596 | 435 | |
| Gross profit | 158 | 163 | 166 | 225 | 177 | |
| Selling, general and administrative expenses | 66 | 65 | 61 | 85 | 98 | |
| Other operating expense, net | 27 | 13 | 16 | 35 | 24 | |
| Operating income | 65 | 85 | 90 | 104 | 55 | |
| Interest expense, net | 34 | 36 | 32 | 37 | — | |
| Debt modification and extinguishment costs | 6 | 5 | 0 | 0 | 27 | |
| Other (income) expense, net | −642,000 | −1 | 905,000 | 158,000 | 5 | |
| Income from continuing operations before income taxes | 26 | 45 | 57 | 95 | 14 | |
| Provision (benefit) for income taxes | 19 | −299,000 | 9 | 25 | 12 | |
| Net income from continuing operations | 6 | 46 | 48 | 70 | 2 | |
| Net (loss) income from discontinued operations, net of tax | −77 | −52 | 23 | 4 | −142 | |
| Net (loss) income | −71 | −7 | 71 | 74 | −140 | |
| Basic (loss) income per share - continuing operations (in dollars per share) | 0.05 | 0.39 | 0.41 | 0.52 | 0.01 | |
| Diluted (loss) income per share - continuing operations (in dollars per share) | 0.05 | 0.39 | 0.4 | 0.52 | 0.01 | |
| Basic (loss) income per share - discontinued operations (in dollars per share) | −0.67 | −0.45 | 0.19 | 0.03 | −1.04 | |
| Diluted (loss) income per share - discontinued operations (in dollars per share) | −0.67 | −0.44 | 0.19 | 0.03 | −1.03 | |
| Basic (loss) income per share (in dollars per share) | −0.62 | −0.06 | 0.6 | 0.55 | −1.03 | |
| Diluted (loss) income per share (in dollars per share) | −0.61 | −0.06 | 0.6 | 0.55 | −1.02 | |
| Basic (shares) | 115 | 117 | 118 | 134 | 136 | |
| Diluted (shares) | 116 | 117 | 119 | 135 | 138 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 197 | 131 | 88 | 111 | 141 | |
| Accounts receivable, net | 85 | 53 | 81 | 75 | 81 | |
| Total inventories, net | 27 | 18 | 45 | 44 | 54 | |
| Derivative assets | 1 | 7 | 13 | 19 | 0 | |
| Prepaid and other current assets | 9 | 11 | 18 | 19 | 16 | |
| Current assets held for sale | 0 | 84 | — | — | 0 | |
| Total current assets | 319 | 304 | 246 | 268 | 292 | |
| Property, plant and equipment, net | 481 | 459 | 577 | 585 | 596 | |
| Goodwill | 327 | 327 | 404 | 403 | 406 | |
| Other intangible assets, net | 59 | 68 | 117 | 130 | 146 | |
| Right-of-use lease assets | 38 | 33 | 24 | 28 | 30 | |
| Other long-term assets | 36 | 37 | 29 | 35 | 15 | |
| Long-term assets held for sale | 0 | 575 | — | — | 0 | |
| Total assets | 1,261 | 1,802 | 1,838 | 1,885 | 1,931 | |
| Current maturities of long-term debt | 0 | 9 | 9 | 9 | 9 | |
| Accounts payable | 48 | 33 | 40 | 40 | 52 | |
| Operating lease liabilitiescurrent | 9 | 9 | 8 | 8 | 8 | |
| Accrued liabilities | 63 | 40 | 62 | 72 | 76 | |
| Current liabilities held for sale | 0 | 25 | — | — | 0 | |
| Total current liabilities | 121 | 115 | 119 | 129 | 145 | |
| Long-term debt, excluding current portion | 393 | 852 | 859 | 866 | 873 | |
| Deferred income taxes | 113 | 105 | 116 | 136 | 127 | |
| Operating lease liabilitiesnoncurrent | 29 | 24 | 16 | 20 | 22 | |
| Other long-term liabilities | 2 | 3 | 22 | 26 | 24 | |
| Long-term liabilities held for sale | 0 | 2 | — | — | 0 | |
| Total liabilities | 658 | 1,102 | 1,132 | 1,177 | 1,190 | |
| Commitments and contingencies (Note 22) | — | — | — | — | — | |
| Common stock ($0.01 par); authorized shares 450,000,000; issued shares 140,872,846 and 140,872,846 on December 31, 2025 and 2024, respectively; outstanding shares 111,805,102 and 116,534,803 on December 31, 2025 and 2024, respectively | 1 | 1 | 1 | 1 | 1 | |
| Preferred stock ($0.01 par); authorized shares 50,000,000; no shares issued or outstanding on December 31, 2025 and 2024, respectively | 0 | 0 | 0 | 0 | 0 | |
| Additional paid-in capital | 1,109 | 1,107 | 1,103 | 1,091 | 1,073 | |
| Accumulated deficit | −249 | −178 | −171 | −242 | −316 | |
| Treasury stock, at cost; shares 29,067,744 and 24,338,043 on December 31, 2025 and 2024, respectively | −261 | −223 | −227 | — | — | |
| Accumulated other comprehensive income (loss) | 3 | −7 | −958,000 | 6 | −6 | |
| Total equity | 603 | 700 | 705 | 707 | 741 | |
| Total liabilities and equity | 1,261 | 1,802 | 1,838 | 1,885 | 1,931 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation | 68 | 60 | 55 | 65 | 66 | |
| Amortization | 11 | 11 | 11 | 14 | 14 | |
| Amortization of deferred financing costs and original issue discount | 1 | 1 | 2 | 2 | 2 | |
| Debt extinguishment costs | 5 | 90,000 | 0 | 0 | 21 | |
| Deferred income tax provision (benefit) | 32 | −5 | −10 | 2 | 5 | |
| Net loss on asset disposals | 5 | 2 | 4 | 4 | 6 | |
| Stock compensation | 10 | 11 | 13 | 21 | 32 | |
| Other, net | −5 | −13 | −6 | −3 | −3 | |
| Receivables | −22 | 6 | −2 | 6 | −33 | |
| Inventories | −6 | −5 | −107,000 | 10 | 631,000 | |
| Prepaids and other current assets | −962,000 | 3 | 178,000 | 5,000 | −8 | |
| Accounts payable | 16 | 1 | 2 | −10 | 10 | |
| Accrued liabilities | −1 | −15 | −15 | −7 | 13 | |
| Net cash provided by operating activities, continuing operations | 118 | 104 | 101 | 180 | 137 | |
| Net cash provided by operating activities, discontinued operations | 22 | 46 | 37 | 6 | −7 | |
| Net cash provided by operating activities | 140 | 150 | 138 | 187 | 130 | |
| Purchases of property, plant and equipment | −70 | −56 | −59 | −59 | −60 | |
| Proceeds from business divestitures, net of cash transferred | 568 | 0 | 0 | 0 | 978 | |
| Business combinations | −41 | 0 | 0 | −488,000 | −43 | |
| Net cash provided by (used in) investing activities, continuing operations | 457 | −56 | −59 | −63 | 876 | |
| Net cash used in investing activities, discontinued operations | −21 | −18 | −6 | 0 | −40 | |
| Net cash provided by (used in) investing activities | 435 | −73 | −65 | −63 | 836 | |
| Draw down of revolving credit facilities | 0 | 0 | 15 | 0 | 0 | |
| Repayments of revolving credit facilities | 0 | 0 | −15 | 0 | 0 | |
| Issuance of long-term debt, net of original issue discount and financing fees | 871 | 871 | 0 | 0 | 898 | |
| Repayments of long-term debt | −1,345 | −880 | −9 | −9 | −1,431 | |
| Repurchases of common shares | −47 | −5 | −79 | −137 | 0 | |
| Tax withholdings on equity award vesting | −1 | −1 | −3 | −332,000 | −1 | |
| Other, net | 460,000 | 210,000 | 438,000 | 579,000 | 2 | |
| Net cash used in financing activities, continuing operations | −522 | −15 | −91 | −148 | −963 | |
| Net cash used in financing activities, discontinued operations | −3 | −3 | −3 | 0 | −1 | |
| Net cash used in financing activities | −525 | −18 | −93 | −148 | −964 | |
| Effect of exchange rate changes on cash and cash equivalents | 423,000 | −948,000 | −1 | −5 | 2 | |
| Net change in cash and cash equivalents | 51 | 58 | −23 | −30 | 4 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Ecovyst Inc.'s CIK number?
Ecovyst Inc.'s SEC CIK number is 0001708035 (1708035). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Ecovyst Inc.'s SEC filings?
All of Ecovyst Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Ecovyst Inc. last report earnings?
Ecovyst Inc. (ECVT) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001708035-26-000063). This is Ecovyst Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Ecovyst Inc.'s most recent earnings 8-K?
Ecovyst Inc.'s latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001708035-26-000063. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Ecovyst Inc.'s latest earnings 8-K →
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