Earnings Releases·Nov 5, 2026, 6:01 AM ET

Ecovyst — Third Quarter 2026 Earnings Summary

Third-quarter sales reached $308.6 million, a 51% year-over-year increase driven by higher volumes, pricing, and the first full quarter of Calabrian ownership, while adjusted net income rose to $25.3 million from $21.5 million.
Management raised full-year 2026 guidance across all key metrics, including sales ($1.05–$1.07 billion), adjusted EBITDA ($208–$212 million), and adjusted free cash flow ($50–$60 million), citing strong refinery utilization and demand for virgin sulfuric acid.
Capital structure shifted with total gross debt increasing to $497.1 million following a $100 million term loan for the Calabrian acquisition, resulting in a net debt leverage ratio of 2.1x compared to 1.2x at year-end 2025.
The company repurchased $2.7 million of common stock in the quarter and intends to repurchase up to $20 million in the second half of 2026, with $143.8 million remaining available under the existing program.