What is the revenue and EPS growth rate for Ecovyst year over year?

What guidance did Ecovyst's management provide for the next earnings period?

What is Ecovyst's gross profit margin?

What does Ecovyst do and what are its main business segments?

What is the market's earnings forecast for Ecovyst next quarter?

What factors drove the changes in Ecovyst's revenue and profit?

What is Ecovyst's latest dividend and current dividend yield?

Did Ecovyst beat or miss consensus estimates last quarter?

- **$556M AM&C Divestiture**: Reduces debt to <1.5x, freeing $450M for growth and buybacks.
- **2025 Financials**: EBITDA $170M, free cash flow $75M-$85M, 18% EBITDA growth.
- **2026 Outlook**: Higher regeneration volumes, mining demand, 20%+ sulfuric acid growth.
- **Key Trends**: Sulfur pricing up 25%, Waggaman plant adding $9M EBITDA, nylon demand stable.
- **Share Buybacks**: $20M Q4 target, $450M program with $200M remaining capacity.

**【Management Opening Remarks】**
- Announced sale of advanced materials and catalysts (AM&C) segment to Technip Energies for $556M, with net proceeds of ~$530M. 
- Plans to reduce debt by $450M-$500M, targeting net leverage <1.5x post-transaction.
- Expanded $450M stock buyback program (remaining capacity $200M), with $20M repurchase target for Q4 2025.

**【CEO Kurt Bitting Commentary】**
- Divestiture enables focus on core ecoservices business (regeneration services, virgin sulfuric acid).
- 2025 outlook: Sales $700M-$740M (+33% YoY), EBITDA $170M, free cash flow $75M-$85M.
- 2026 expectations: Higher regeneration volumes, mining demand growth, Waggaman plant synergies.
- Capital allocation priorities: Organic growth projects, inorganic acquisitions, share buybacks.

**【CFO Michael Feehan Financial Update】**
- Q3 2025 continuing ops: Sales $205M (+33% YoY), EBITDA $58M (+18%), free cash flow $42M.
- Key drivers: Virgin acid volume growth (+25%), favorable sulfur pricing pass-through, Waggaman integration.
- 2025 guidance: EBITDA $170M, free cash flow $75M-$85M.
- 2026 outlook: Lower interest expense ($21M-$25M vs $32M-$34M), stable tax rate ~20%.

**【Q&A Highlights】**
- **Capital Allocation**: 50% of proceeds for debt reduction, rest for growth and buybacks. 
- **Pricing Momentum**: Regeneration services pricing up 18%, virgin acid mining demand strong.
- **Waggaman Synergies**: $9M EBITDA contribution from contract repricing, network effects.
- **Leverage Target**: Long-term 2.0-2.5x, current <1.5x post-transaction.
- **Mining Growth**: 20%+ of virgin acid sales, copper demand driving expansion projects.


Ecovyst Inc. (ECVT) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

ECVT

ECVT fundamentals

You can ask Aime