earnings
confidence high
sentiment positive
materiality 0.85
Ecovyst FY2022 sales up 34% to $820M, Adj EBITDA up 22% to $277M, exceeding guidance
Ecovyst Inc.
2022-FY EPS reported
$0.55
revenue$820,159,000
- Full-year sales $820.2M (+34.2% YoY); net income $69.8M vs $1.8M prior year; diluted EPS $0.52.
- Adjusted EBITDA $276.8M (+21.6% YoY), exceeding upwardly revised guidance; Adj diluted EPS $0.84.
- Q4 sales $182.8M (+7.4% YoY); Q4 net income $21.5M (+176%); Q4 Adj EBITDA $69.2M (+9.4%).
- Net debt leverage ratio improved to 2.8x from 3.3x; repurchased 16.5M shares for $136.7M in FY2022.
- In Q4, repurchased 8M shares at $7.88 avg in secondary offering, reducing sponsor ownership below 10%.