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Cabot Corporation CBT Reinforcement Materials — D&A

Other segment segments

Performance Chemicals
$84M+7.7%

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Other financials

Income statement

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Revenue$904.0M-3.4%
Gross profit$210.0M-12.9%
Operating income$129.0M-20.4%
Net income$68.0M-27.7%
EPS (diluted)$1.27-24.9%

Balance sheet

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Cash & equivalents$252.0M+18.3%
Total debt$1.0B-18.9%
Total equity$1.6B+9.9%
Total assets$3.9B+3.0%

Cash flow

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Operating cash flow$77.0M+5.5%
CapEx$45.0M-37.5%
Free cash flow$32.0M+3,100%

Valuation

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Market cap$4.52B+9.1%
Enterprise value$5.31B+3.9%
P/E15.9×+6.1×
P/S1.3×+0.2×

Profitability

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Gross margin24.8%-0.1pp
Operating margin15.7%-0.6pp
Net margin8%-3.1pp
FCF margin12.1%+4.0pp

Returns & leverage

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Return on equity19%-12.0pp
Debt / equity0.7×-0.2×
Current ratio1.4×-0.5×

Where this comes from

Reported directly by Cabot Corporation in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Cabot Corporation’s 10-K, filed November 24, 2025.

Filed
Nov 24, 2025
Fiscal year
FY2025
Accession
0001193125-25-292412
Years Ended September 30Reinforcement MaterialsPerformance ChemicalsSegment TotalUnallocatedand Other(1)Consolidated Total
2025
Revenues from external customers(2)$2,341$1,250$3,591$122$3,713
Depreciation and amortization$70$84$154$154
Equity in earnings of affiliated companies, net of tax$3$4$7$7
Assets(3)$1,822$1,500$3,322$493$3,815
Total expenditures for additions to long-livedassets(4)$209$91$300$3$303
2024
Revenues from external customers(2)$2,610$1,250$3,860$134$3,994

Item 8. Financial Statements and Supplementary Data

FAQ

What is Cabot Corporation's reinforcement materials — D&A?
Cabot Corporation (CBT) reported reinforcement materials — D&A of $17.5M in Q3 2025.
How has Cabot Corporation's reinforcement materials — D&A changed year-over-year?
Cabot Corporation's reinforcement materials — D&A increased by 6.1% year-over-year, from $16.5M to $17.5M.
What is the long-term trend for Cabot Corporation's reinforcement materials — D&A?
Over 4 years (2021 to 2025), Cabot Corporation's reinforcement materials — D&A has grown at a 0.0% compound annual growth rate (CAGR), from $70M to $70M.
What does reinforcement materials — D&A mean?
The non-cash expense allocated to the Reinforcement Materials segment representing the systematic reduction in the value of tangible and intangible assets over their useful lives. This metric reflects the capital intensity of the segment's manufacturing operations, such as carbon black production facilities. It is a critical component for calculating segment-level EBITDA and understanding the ongoing reinvestment needs of the business.

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