Ecovyst Inc. (ECVT) Stock

Ecovyst Inc. (ECVT) is a Materials stock trading at $10.45 (as of 2026-08-21), with a market capitalization of $1.14B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Ecovyst Inc. provides specialty catalysts and services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates through two segments, Ecoservices and Catalyst Technologies. The Ecoservices segment offers sulfuric acid recycling services for production of alkylate for refineries; and virgin sulfuric acid for mining, water treatment, and industrial applications. The Catalyst Technologies segment provides customized catalyst products and process solutions to producers and licensors of polyethylene and methyl methacrylate. Its catalyst supports the production of plastics used in packaging films, bottles, containers, and other molded applications. This segment also provides zeolite-based emission control catalysts, which enable the removal of nitrogen oxides from diesel engine emissions, as well as sulfur dioxide from fuels during the refining process. The company was formerly known as PQ Group Holdings Inc. and changed its name to Ecovyst Inc. in August 2021. Ecovyst Inc. was founded in 1831 and is headquartered in Malvern, Pennsylvania.

Understand Ecovyst Inc.: how it makes money

Ecovyst provides specialty catalysts and sulfuric acid-related services, it makes money by selling sulfuric acid recycling and virgin sulfuric acid through Ecoservices and by providing customized catalyst products and process solutions through Catalyst Technologies.

The profit engine is the mix of two commercial offerings, Ecoservices (sulfuric acid recycling and virgin sulfuric acid tied to customer production and industrial needs) and Catalyst Technologies (customized catalysts and process solutions tied to producers and licensors of polyethylene and methyl methacrylate).

Revenue by segment (latest quarter)
EcoSvc$0.2B

Business quality (Weak): Clear two-segment operating model, but the provided data only quantifies Ecoservices revenue, and operating performance is also shown as relatively modest (operating margin 5.8%) for the latest quarter.

Bull case

  • Ecoservices is a major part of the revenue base: Eco Services Revenue is 0.18B of total revenue (0.2B) for the latest quarter.
  • Customer value from specialization: Catalyst Technologies provides customized catalyst products and process solutions for producers and licensors of polyethylene and methyl methacrylate.

Bear case

  • Margin pressure risk: Latest-quarter gross margin is 16.9% and operating margin is 5.8%, leaving limited room for cost increases or weaker pricing.
  • Revenue concentration in the provided segment data: The latest-quarter segment detail provided quantifies Ecoservices revenue, suggesting investors should focus on whether demand or contract activity in sulfuric acid recycling and sulfuric acid markets stays healthy.
Valuation — source: SEC EDGAR (first-party)
Price$10.45
Market Cap$1.14B
EV / EBITDA8.0
Price / Book1.99
Price / Sales1.46
FCF Yield2.6%
DCF Value (model)$1.45
DCF Upside vs Price-86.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$723.51M
Net Margin-9.8%
Revenue Growth (YoY)2.7%
EPS Growth (YoY)933.3%
FCF Growth (YoY)-13.6%
Financial Health — source: SEC EDGAR
Altman Z-Score1.71 (distress)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Materials)25.9
Industry P/E (Chemicals)31.1
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderRubric Capital Management LP ($117.49M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryChemicals
CEOKurt J. Bitting
Employees920
CountryUS
IPO Date2017-09-29

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ECVT earnings history · ECVT institutional & insider holders · ECVT KPIs & operating metrics · ECVT financials · ECVT investor presentations & press releases · ECVT SEC filings · ECVT peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.