Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Ecovyst.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $704.49M | $691.12M | $820.20M | $611.20M | $495.92M | $1.57B | $1.61B | $1.47B | $1.06B | $388.88M |
| Cost of Revenue | $502.97M | $493.15M | $595.50M | $434.50M | $344.97M | $1.18B | $1.23B | $1.10B | $810.09M | $278.79M |
| Gross Profit | $201.52M | $197.97M | $224.70M | $176.70M | $150.95M | $390.50M | $381.63M | $376.84M | $254.09M | $110.08M |
| Gross Profit Ratio | 28.61% | 28.60% | 27.40% | 28.90% | 30.44% | 24.92% | 23.73% | 25.60% | 23.88% | 28.31% |
| Research and Development Expenses | $- | $7.80M | $7.23M | $7.50M | $7.14M | $12.51M | $15.56M | $13.86M | $7.27M | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $166.88M | $168.63M | $148.88M | $111.19M | $35.20M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $20.00K | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $83.88M | $79.22M | $85.30M | $97.80M | $81.55M | $166.90M | $168.63M | $148.88M | $111.19M | $35.20M |
| Other Expenses | $19.55M | $14.30M | $35.00M | $24.30M | $10.09M | $35.80M | $41.98M | $38.75M | $30.05M | $6.81M |
| Operating Expenses | $103.43M | $101.31M | $120.30M | $122.10M | $91.64M | $202.70M | $210.61M | $187.63M | $141.23M | $42.01M |
| Cost and Expenses | $606.40M | $594.47M | $715.80M | $556.60M | $436.61M | $1.38B | $1.44B | $1.28B | $951.32M | $320.80M |
| Interest Income | $- | $- | $37.22M | $36.99M | $50.41M | $66.87M | $- | $- | $- | $- |
| Interest Expense | $49.43M | $44.73M | $37.20M | $37.00M | $50.41M | $111.50M | $113.72M | $179.04M | $140.31M | $44.35M |
| Depreciation and Amortization | $89.36M | $84.60M | $79.16M | $79.74M | $76.93M | $154.32M | $185.23M | $177.14M | $128.29M | $39.00M |
| EBITDA | $133.77M | $211.27M | $199.53M | $130.67M | $136.26M | $346.20M | $387.83M | $362.85M | $267.33M | $94.78M |
| EBITDA Ratio | 18.99% | 30.57% | 25.73% | 25.79% | 32.73% | 26.67% | 24.02% | 20.01% | 18.69% | 24.37% |
| Operating Income | $98.09M | $96.65M | $104.40M | $77.80M | $85.40M | $187.80M | $183.56M | $167.50M | $84.19M | $55.77M |
| Operating Income Ratio | 13.92% | 13.98% | 12.73% | 12.73% | 17.22% | 11.98% | 11.41% | 11.38% | 7.91% | 14.34% |
| Total Other Income Expenses Net | $-103.12M | $-14.71M | $-9.65M | $-40.67M | $-49.35M | $-144.38M | $-99.54M | $-226.52M | $-150.66M | $-44.35M |
| Income Before Tax | $-5.02M | $81.94M | $94.70M | $13.90M | $2.21M | $121.00M | $88.62M | $-60.63M | $-69.12M | $11.43M |
| Income Before Tax Ratio | -0.71% | 11.86% | 11.55% | 2.27% | 0.45% | 7.72% | 5.51% | -4.12% | -6.49% | 2.94% |
| Income Tax Expense | $1.63M | $10.79M | $24.90M | $12.10M | $-52.06M | $40.70M | $29.00M | $-119.20M | $10.04M | $- |
| Net Income | $-6.65M | $71.15M | $73.70M | $1.80M | $54.28M | $79.50M | $58.30M | $57.60M | $-79.75M | $11.43M |
| Net Income Ratio | -0.94% | 10.30% | 8.99% | 0.29% | 10.95% | 5.07% | 3.63% | 3.91% | -7.49% | 2.94% |
| EPS | $-0.06 | $0.60 | $0.52 | $0.01 | $0.40 | $0.59 | $0.44 | $0.52 | $-1.02 | $0.11 |
| EPS Diluted | $-0.06 | $0.60 | $0.52 | $0.01 | $0.40 | $0.59 | $0.43 | $0.52 | $-1.02 | $0.11 |
| Weighted Average Shares Outstanding | 116.72M | 118.37M | 133.60M | 136.17M | 135.53M | 134.39M | 133.38M | 111.30M | 78.02M | 103.98M |
| Weighted Average Shares Outstanding Diluted | 116.72M | 119.49M | 135.09M | 136.17M | 135.53M | 135.55M | 134.68M | 111.67M | 78.02M | 103.98M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $146.01M | $88.36M | $110.90M | $140.90M | $113.38M | $72.30M | $57.90M | $66.20M | $70.74M | $25.16M |
| Short Term Investments | $- | $- | $18.51M | $- | $- | $- | $11.00K | $-24.00K | $- | $- |
| Cash and Short Term Investments | $146.01M | $88.36M | $110.90M | $140.90M | $113.38M | $72.30M | $57.90M | $66.20M | $70.74M | $25.16M |
| Net Receivables | $77.94M | $81.31M | $74.76M | $80.80M | $45.94M | $143.63M | $196.77M | $193.46M | $164.78M | $34.33M |
| Inventory | $57.13M | $45.12M | $44.40M | $53.80M | $52.79M | $280.90M | $264.70M | $262.40M | $227.05M | $10.18M |
| Other Current Assets | $22.64M | $31.19M | $37.66M | $16.16M | $216.56M | $234.37M | $39.24M | $26.93M | $30.11M | $1.86M |
| Total Current Assets | $303.71M | $245.99M | $267.70M | $291.70M | $428.67M | $568.60M | $558.60M | $549.00M | $492.68M | $71.53M |
| Property Plant Equipment Net | $602.83M | $601.18M | $613.20M | $626.30M | $620.65M | $1.24B | $1.21B | $1.23B | $1.18B | $481.07M |
| Goodwill | $404.10M | $404.47M | $403.20M | $406.10M | $391.56M | $1.26B | $1.25B | $1.31B | $1.24B | $311.89M |
| Intangible Assets | $98.41M | $116.55M | $129.90M | $145.60M | $137.45M | $676.40M | $728.40M | $786.10M | $816.57M | $137.28M |
| Goodwill and Intangible Assets | $502.51M | $521.02M | $533.10M | $551.70M | $529.01M | $1.94B | $1.98B | $2.09B | $2.06B | $449.18M |
| Long Term Investments | $349.31M | $459.22M | $436.00M | $446.10M | $458.13M | $472.90M | $468.20M | $469.30M | $459.41M | $- |
| Tax Assets | $- | $- | $136.18M | $126.75M | $175.90M | $218.04M | $196.12M | $189.34M | $195.33M | $- |
| Other Non-Current Assets | $43.95M | $10.34M | $-101.58M | $-111.35M | $985.99M | $-118.94M | $-87.82M | $-114.64M | $-127.13M | $5.86M |
| Total Non-Current Assets | $1.50B | $1.59B | $1.62B | $1.64B | $2.77B | $3.75B | $3.77B | $3.87B | $3.77B | $936.11M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $1.80B | $1.84B | $1.88B | $1.93B | $3.20B | $4.32B | $4.33B | $4.42B | $4.26B | $1.01B |
| Account Payables | $43.93M | $40.20M | $40.02M | $51.86M | $38.13M | $114.99M | $148.37M | $149.33M | $128.48M | $15.88M |
| Short Term Debt | $30.33M | $20.26M | $20.01M | $21.77M | $8.91M | $12.46M | $7.24M | $45.17M | $14.48M | $5.00M |
| Tax Payables | $4.13M | $7.71M | $6.54M | $12.01M | $5.28M | $9.63M | $5.14M | $2.79M | $10.53M | $2.11M |
| Deferred Revenue | $- | $- | $136.18M | $74.61M | $48.48M | $- | $5.14M | $1.64M | $1.64M | $1.64M |
| Other Current Liabilities | $36.74M | $50.92M | $62.84M | $59.44M | $149.54M | $133.28M | $94.87M | $91.13M | $88.90M | $33.28M |
| Total Current Liabilities | $115.13M | $119.08M | $129.40M | $145.10M | $201.87M | $269.60M | $255.60M | $288.40M | $242.39M | $56.27M |
| Long Term Debt | $50.19M | $879.93M | $893.52M | $906.23M | $1.42B | $1.88B | $2.11B | $2.19B | $2.55B | $668.10M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $13.39M | $6.45M | $- | $20.61M | $22.25M | $23.89M |
| Deferred Tax Liabilities Non-Current | $105.50M | $115.79M | $136.20M | $126.70M | $126.21M | $218.00M | $196.10M | $189.30M | $318.46M | $20.24M |
| Other Non-Current Liabilities | $831.04M | $17.48M | $18.21M | $139.18M | $157.02M | $171.18M | $102.98M | $309.81M | $441.62M | $27.74M |
| Total Non-Current Liabilities | $986.74M | $1.01B | $1.05B | $1.05B | $1.72B | $2.27B | $2.41B | $2.50B | $2.99B | $716.08M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.10B | $1.13B | $1.18B | $1.19B | $1.92B | $2.54B | $2.66B | $2.78B | $3.23B | $772.34M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $17.00K | $- | $- | $- |
| Common Stock | $1.41M | $1.41M | $1.40M | $1.40M | $1.37M | $1.40M | $1.40M | $1.40M | $73.00K | $- |
| Retained Earnings | $-177.51M | $-170.86M | $-242.00M | $-315.70M | $-175.76M | $103.00M | $25.50M | $-32.80M | $-90.38M | $-10.63M |
| Accumulated Other Comprehensive Income Loss | $-7.41M | $-958.00K | $6.00M | $-5.80M | $-15.27M | $-15.40M | $-39.10M | $4.30M | $-53.71M | $648.00K |
| Other Total Stockholders Equity | $883.97M | $875.87M | $941.85M | $1.06B | $1.47B | $1.69B | $1.67B | $1.66B | $1.17B | $245.28M |
| Total Stockholders Equity | $700.46M | $705.46M | $707.30M | $740.70M | $1.28B | $1.78B | $1.66B | $1.63B | $1.02B | $235.29M |
| Total Equity | $700.46M | $705.46M | $707.30M | $740.70M | $1.28B | $1.79B | $1.66B | $1.63B | $1.03B | $235.29M |
| Total Liabilities and Stockholders Equity | $1.80B | $1.84B | $1.88B | $1.93B | $3.20B | $4.32B | $4.33B | $4.42B | $4.26B | $1.01B |
| Minority Interest | $- | $- | $- | $- | $53.00K | $5.90M | $4.60M | $3.90M | $5.06M | $- |
| Total Liabilities and Total Equity | $1.80B | $1.84B | $1.88B | $1.93B | $3.20B | $4.32B | $4.33B | $4.42B | $4.26B | $1.01B |
| Total Investments | $349.31M | $459.22M | $436.00M | $446.10M | $458.13M | $472.90M | $468.21M | $469.28M | $459.41M | $- |
| Total Debt | $42.19M | $900.19M | $903.10M | $911.80M | $1.43B | $1.96B | $2.11B | $2.23B | $2.56B | $673.10M |
| Net Debt | $-103.83M | $811.83M | $792.20M | $770.90M | $1.32B | $1.89B | $2.06B | $2.16B | $2.49B | $647.95M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-6.65M | $71.15M | $73.70M | $-139.60M | $-281.70M | $80.30M | $59.60M | $58.60M | $-79.16M | $11.43M |
| Depreciation and Amortization | $75.30M | $84.60M | $79.10M | $79.80M | $76.93M | $182.00M | $185.20M | $177.20M | $128.29M | $39.00M |
| Deferred Income Tax | $-7.90M | $-17.07M | $1.70M | $4.50M | $-60.06M | $18.30M | $3.40M | $-140.20M | $835.00K | $-8.13M |
| Stock Based Compensation | $14.04M | $16.03M | $20.63M | $31.84M | $17.19M | $18.20M | $19.50M | $8.80M | $5.43M | $2.26M |
| Change in Working Capital | $- | $-20.76M | $-2.10M | $-18.10M | $14.52M | $-4.90M | $-21.90M | $-41.40M | $13.05M | $1.78M |
| Accounts Receivables | $3.10M | $- | $5.50M | $-33.48M | $6.97M | $11.41M | $-10.50M | $-11.46M | $10.26M | $10.75M |
| Inventory | $-11.20M | $1.32M | $9.90M | $600.00K | $-2.98M | $-18.90M | $-9.00M | $-21.20M | $-2.31M | $-1.74M |
| Accounts Payables | $2.40M | $2.35M | $-10.10M | $10.00M | $6.87M | $-2.30M | $-100.00K | $4.30M | $11.88M | $-2.49M |
| Other Working Capital | $- | $-24.43M | $-7.40M | $4.78M | $3.66M | $4.89M | $-2.30M | $-13.04M | $-6.79M | $-4.74M |
| Other Non Cash Items | $75.10M | $3.65M | $13.60M | $171.50M | $456.72M | $-26.20M | $2.80M | $53.10M | $51.28M | $-1.62M |
| Net Cash Provided by Operating Activities | $149.89M | $137.60M | $186.60M | $129.90M | $223.60M | $267.70M | $248.60M | $116.10M | $119.72M | $44.72M |
| Investments in Property Plant and Equipment | $-69.00M | $-65.33M | $-58.90M | $-60.00M | $-51.60M | $-127.60M | $-131.70M | $-140.50M | $-121.42M | $-40.99M |
| Acquisitions Net | $- | $- | $-4.20M | $935.80M | $624.26M | $27.70M | $-6.00M | $-50.60M | $-1.78B | $3.96M |
| Purchases of Investments | $-4.50M | $- | $- | $- | $-25.36M | $8.50M | $-5.00M | $-9.00M | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $1.80M | $38.10M | $4.90M | $9.00M | $- | $- |
| Other Investing Activities | $47.00K | $- | $100.00K | $-40.10M | $2.38M | $18.00M | $13.50M | $8.40M | $-30.52M | $-1.70M |
| Net Cash Used for Investing Activities | $-73.45M | $-65.33M | $-63.00M | $835.70M | $551.47M | $-35.30M | $-119.30M | $-182.70M | $-1.93B | $-38.73M |
| Debt Repayment | $-11.82M | $-11.85M | $-11.69M | $-528.32M | $-450.79M | $-215.00M | $-125.96M | $-407.33M | $1.88B | $-5.00M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $507.50M | $- | $1.54M |
| Common Stock Repurchased | $-5.01M | $-78.72M | $-136.74M | $-1.47M | $-2.06M | $-3.56M | $-2.92M | $- | $-2.54M | $- |
| Dividends Paid | $-38.00M | $- | $-70.00M | $-435.59M | $-243.75M | $-80.00M | $-80.00M | $-44.07M | $- | $- |
| Other Financing Activities | $36.93M | $-2.93M | $247.00K | $1.15M | $-26.22M | $2.47M | $-8.35M | $-80.34M | $-19.78M | $1.54M |
| Net Cash Used Provided by Financing Activities | $-17.90M | $-93.50M | $-148.10M | $-964.20M | $-722.82M | $-216.10M | $-137.20M | $69.00M | $1.86B | $-3.46M |
| Effect of Forex Changes on Cash | $- | $-1.32M | $-5.50M | $2.30M | $11.05M | $-2.10M | $400.00K | $-6.90M | $-5.89M | $- |
| Net Change in Cash | $57.60M | $-22.55M | $-30.00M | $3.70M | $63.30M | $14.20M | $-7.50M | $-4.50M | $45.59M | $2.53M |
| Cash at End of Period | $146.00M | $88.36M | $110.90M | $140.90M | $137.22M | $73.90M | $59.70M | $66.20M | $70.74M | $25.16M |
| Cash at Beginning of Period | $88.40M | $110.92M | $140.90M | $137.20M | $73.92M | $59.70M | $67.20M | $70.70M | $25.16M | $22.63M |
| Operating Cash Flow | $149.89M | $137.60M | $186.60M | $129.90M | $223.60M | $267.70M | $248.60M | $116.10M | $119.72M | $44.72M |
| Capital Expenditure | $-68.95M | $-65.33M | $-58.90M | $-60.00M | $-51.60M | $-127.60M | $-131.70M | $-140.50M | $-121.42M | $-40.99M |
| Free Cash Flow | $80.94M | $72.26M | $127.70M | $69.90M | $172.00M | $140.10M | $116.90M | $-24.40M | $-1.70M | $3.72M |