Ecovyst AI Stock Analysis
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Ecovyst (ECVT) AI Stock Analysis
Ecovyst
(NYSE:ECVT)
The score is most supported by improving operations and cash generation (strong revenue trend and positive operating margins) and a clearly upbeat earnings call with raised 2026 guidance. Offsetting this, the stock’s technical picture remains weak (below key moving averages with negative MACD), while valuation is hindered by a negative P/E that reflects inconsistent profitability and margin/FCF pressure.
Ecovyst Key Performance Indicators (KPIs)
Revenue by SegmentBreaks down sales across the company’s business units (such as specialty chemical and catalyst operations), showing which lines drive revenue and profit. Reveals where management is allocating resources, which segments are growing or shrinking, and whether the company’s results depend on a few high-margin businesses or a diversified mix — important for judging resilience to market swings or shifts in demand.
Ecoservices is clearly driving the company’s revenue expansion—recent step‑ups reflect higher regenerated and virgin sulfuric acid volumes, favorable contractual pricing and bolt‑on M&A (Waggaman, Calabrian) combined with large sulfur‑cost pass‑through that inflates top line but not underlying margin. The disappearance of Advanced Materials & Catalysts after mid‑2025 suggests divestiture or reclassification, increasing revenue concentration in Ecoservices. Management’s upgraded guidance and accretive Calabrian help EBITDA, but watch elevated sulfur costs, working‑capital strain and higher leverage as the main near‑term risks.
The FlyEcovyst (ECVT) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $1.18B
- Dividend Yield
- ―
- Average Volume (3M)
- 1.34M
- Price to Earnings (P/E)
- 32.8
- Beta (1Y)
- 0.63
- Revenue Growth
- 29.86%
- EPS Growth
- ―
- Country
- US
- Employees
- 617
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Chemicals - Specialty
Ecovyst Business Overview & Revenue Model
Company Description
Ecovyst Inc. is a global provider of specialized catalysts and related services, with operations spanning the United States, the Netherlands, the United Kingdom, and other international markets. The company's activities are organized into two primary...
How the Company Makes Money
Ecovyst makes money primarily by manufacturing and selling specialty catalyst products and silica-based catalyst-support materials to industrial customers. Its revenue is largely generated through (1) product sales of catalysts (including customized...
Ecovyst Earnings Call Summary
The call was strongly positive overall. Highlights significantly outweighed the lowlights, with third-quarter adjusted EBITDA above guidance, higher sales, raised full-year sales and EBITDA outlooks, improved free cash flow guidance, favorable demand trends, strong liquidity, successful Calabrian integration, and planned share repurchases. The main challenges were lower reported EBITDA margin due to sulfur-cost pass-through, higher operating and turnaround costs, potential unplanned outages from deferred maintenance, lower fourth-quarter virgin sulfuric acid volume, and year-end destocking caution.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Ecovyst raised full year 2026 sales guidance to $1.05 billion to $1.07 billion, compared with previous guidance of $1.02 billion to $1.06 billion; adjusted EBITDA guidance to $208 million to $212 million, compared with prior guidance of $195 million to $207 million; adjusted free cash flow guidance to $50 million to $60 million, up from $45 million to $55 million; interest expense to $19 million to $21 million; capital expenditures to $90 million to $95 million, compared with $85 million to $95 million; depreciation and amortization to $84 million to $88 million, compared with $80 million to $84 million; adjusted net income to $70 million to $85 million; and adjusted diluted net income per share to $0.63 to $0.77, up from $0.58 to $0.72. The company continues to expect its full year 2026 effective tax rate to be in the mid-20% range and the full year pass-through effect of sulfur costs on sales to be approximately $220 million. Fourth quarter adjusted EBITDA is expected to land in the range of $54 million to $58 million, with regenerated sulfuric acid volume up compared to the year-ago quarter and virgin sulfuric acid volume lower than in the fourth quarter of 2025; a turnaround with a projected cost of approximately $3 million is deferred into early 2027, when the company expects to execute 6 turnarounds at its sulfuric acid plants.
Ecovyst Financial Statement Overview
Summary
Revenue is growing strongly (TTM +11.9%) and operating profitability is positive (~9.1% EBIT margin; ~18.5% EBITDA margin). However, results are held back by uneven bottom-line profitability (losses in 2024 and 2025), gross margin compression versus prior peaks, and leverage that remains meaningful (TTM debt-to-equity ~0.93) with negative ROE. Operating cash flow is solid (~$122M), but TTM free cash flow fell sharply (~-57%), reducing flexibility.
Income Statement
56NeutralBalance Sheet
48NeutralCash Flow
60Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 972.99M | 723.51M | 704.49M | 691.12M | 820.16M | 611.20M |
| Gross Profit | 189.51M | 158.09M | 201.52M | 197.97M | 224.63M | 176.66M |
| EBITDA | 163.20M | 138.59M | 114.95M | 211.27M | 211.12M | 130.67M |
| Net Income | 36.15M | -71.13M | -6.65M | 71.15M | 73.70M | -139.95M |
Balance Sheet | ||||||
| Total Assets | 1.42B | 1.26B | 1.80B | 1.84B | 1.88B | 1.93B |
| Cash, Cash Equivalents and Short-Term Investments | 71.20M | 197.20M | 146.01M | 88.36M | 110.92M | 140.89M |
| Total Debt | 544.20M | 430.74M | 899.16M | 900.19M | 913.53M | 926.71M |
| Total Liabilities | 811.30M | 657.50M | 1.10B | 1.13B | 1.18B | 1.19B |
| Stockholders Equity | 606.20M | 603.50M | 700.46M | 705.46M | 707.23M | 740.74M |
Cash Flow | ||||||
| Free Cash Flow | 26.79M | 69.89M | 94.30M | 72.26M | 127.74M | 69.90M |
| Operating Cash Flow | 118.27M | 140.31M | 149.89M | 137.60M | 186.61M | 129.90M |
| Investing Cash Flow | 281.42M | 435.41M | -73.45M | -65.33M | -63.02M | 835.70M |
| Financing Cash Flow | -427.32M | -524.96M | -17.84M | -93.50M | -148.19M | -964.20M |
Ecovyst Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ECVT, the sentiment is Positive. The current price of 10.82 is above the 20-day moving average (MA) of 10.13, above the 50-day MA of 10.18, and below the 200-day MA of 11.79, indicating a neutral trend. The MACD of 0.08 indicates Negative momentum. The RSI at 62.21 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ECVT.
Ecovyst Risk Analysis
Ecovyst disclosed 41 risk factors in its most recent earnings report. Ecovyst reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
2 New RisksEcovyst Peers Comparison
Overall Rating
CBT58Neutral- ECVT56Neutral
OEC49Neutral
NGVT48Neutral
MTX46Neutral
KOP42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| CBT | 58Neutral | $3.71B | 17.70 | 13.35% | 2.55% | 0.83% | -33.11% |
| ECVT | 56Neutral | $1.16B | 32.77 | 6.10% | ― | 29.86% | ― |
| OEC | 49Neutral | $236.26M | -6.88 | -8.38% | 2.08% | 0.86% | 0.74% |
| NGVT | 48Neutral | $2.05B | 35.53 | 134.01% | ― | -11.62% | ― |
| MTX | 46Neutral | $1.92B | -28.50 | -4.12% | 0.79% | 4.76% | -19991.67% |
| KOP | 42Neutral | $556.56M | -6.19 | -20.07% | 1.12% | -0.85% | -693.89% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| ECVT | Ecovyst Inc | 10.82 | 2.23 | 25.96% | |
| CBT | Cabot Corp | 72.23 | 11.49 | 18.91% | |
| KOP | Koppers | 31.26 | 2.14 | 7.35% | |
| MTX | Minerals Technologies | 62.12 | 5.13 | 9.00% | |
| OEC | Orion S.A. | 3.99 | -0.82 | -17.01% | |
| NGVT | Ingevity | 63.24 | 12.71 | 25.15% |
Ecovyst Corporate Events
Ecovyst Updates Executive Severance and Change-in-Control Plan
NeutralOn October 22, 2026, Ecovyst’s Compensation Committee approved a Second Amended and Restated Severance Plan for Ecovyst Catalyst Technologies LLC, replacing a prior plan that had been in effect since January 1, 2022. The updated plan covers eligible...
Ecovyst Announces Leadership Transition With New CFO Appointment
PositiveOn August 21, 2026, Ecovyst’s board appointed Laurie Bergman as vice president, chief financial officer and treasurer, with her transition into the role effective August 24, 2026. Bergman, a seasoned finance executive with prior CFO roles at Legacy F...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 05, 2026