ECVTEcovyst Inc.

$10.21

Is the business good?

How good a business is ECVT?

Ecovyst Inc. earns 7.7% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

7.7%

Return on invested capital · cost of capital 9.0% · 1.3 points below what the capital costs: growth destroys value

Operating margin
9.9%

Operating margin · Specialty Chemicals median 9.1% · 12 months to Q1 2026

Share count, year on year
−4.7%

Share count, year on year · bought back, each share owns more of the company

Gross margin
22%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY202010%
FY20218.9%
FY202213%
FY202315%
FY202414%
FY20259.0%
Details
Gross margin12 months to Q1 2026
22%
Operating margin12 months to Q1 2026
9.9%
Net margin12 months to Q1 2026
−8.0%
Free cash flow margin
10%
Revenue, trailing twelve months
$795M
Free cash flow, trailing twelve months
$80M
Net income, trailing twelve months
−$63M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
7.7%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.