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Ecovyst ECVT Acquisitions

Acquisitions at other companies

HWK
HawkinsHWKN
$3.6M-97.6%
Clean Harbors logo
Clean HarborsCLH
$225.77M
Republic Services logo
Republic ServicesRSG
$428M+232%
Element Solutions logo
Element SolutionsESI
$1.6M
Eastman Chemical logo
Eastman ChemicalEMN
$0
Casella Waste Systems logo
Casella Waste SystemsCWST
$306.26M+329%

Other financials

Income statement

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Revenue$250.0M+42.0%
Gross profit$49.8M+24.1%
Operating income$19.4M+22.7%
Net income$7.9M+31.4%
EPS (diluted)$0.07+40.0%

Balance sheet

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Cash & equivalents$87.8M+58.9%
Total debt$546.3M-38.9%
Total equity$586.9M-15.2%
Total assets$1.4B-20.9%

Cash flow

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Operating cash flow$34.3M+4.0%
CapEx$30.7M+39.2%
Free cash flow$3.7M-66.6%

Valuation

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Market cap$1.2B+22.3%
Enterprise value$1.66B-8.8%
P/S1.4×-0.2×

Profitability

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Gross margin21.3%-2.4pp
Operating margin9.4%-1.0pp
Net margin-7.1%-13.0pp
FCF margin8.3%-5.9pp

Returns & leverage

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Return on equity-9.6%-12.9pp
Debt / equity0.9×-0.4×
Current ratio1.7×-0.5×

Where this comes from

Reported directly by Ecovyst in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Ecovyst’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 4:01 PM EST
Fiscal year
FY2025
Accession
0001708035-26-000053
Line itemYears ended December 31, 2025Years ended December 31, 2024Years ended December 31, 2023
Net cash provided by operating activities140,305149,890137,597
Cash flows from investing activities:
Purchases of property, plant and equipment(70,410)(55,594)(59,039)
Proceeds from business divestitures, net of cash transferred568,427
Business combinations(41,480)
Net cash provided by (used in) investing activities, continuing operations456,537(55,594)(59,039)
Net cash used in investing activities, discontinued operations(21,125)(17,859)(6,296)
Net cash provided by (used in) investing activities435,412(73,453)(65,335)

ITEM 16. FORM 10-K SUMMARY.

FAQ

What is Ecovyst's acquisitions?
Ecovyst (ECVT) reported acquisitions of $165K in Q4 2025.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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