{"schema_version":"secwatch.filing_event.v1","accession":"0001708035-24-000065","form_type":"8-K","ticker":"ECVT","cik":"0001708035","company_name":"Ecovyst Inc.","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.190618+00:00","generated_at":"2026-06-05T09:06:46.570991+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Ecovyst FY 2023 sales fall 15.7% to $691.1M; adj. EPS $0.75","bullets":["Full-year sales $691.1M, down from $820.2M in 2022 on lower sulfur costs and volume declines.","Full-year adjusted EBITDA $259.9M (30.7% margin); adjusted diluted EPS $0.75; net cash from ops $137.6M.","Q4 sales $172.8M, down 5.5% YoY; Q4 adjusted EBITDA $69.8M (30.9% margin), up 0.9% YoY.","Repurchased 7.5M shares for $78.7M in 2023; net debt leverage ratio 3.0x.","Achieved Platinum EcoVadis rating, top 1% of peer group."],"urls":{"canonical":"https://secwatch.observer/filing/0001708035-24-000065","json":"https://secwatch.observer/filing/0001708035-24-000065.json","markdown":"https://secwatch.observer/filing/0001708035-24-000065.md","text":"https://secwatch.observer/filing/0001708035-24-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1708035/000170803524000065/0001708035-24-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1708035/000170803524000065/ecvt-20240228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T09:06:46.570991+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6c4323eb86d3eb20801de389abdc710d8fd92242","claim":"Ecovyst Inc. reported the fourth quarter ended December 31, 2023 results: revenue $172.8 million, net income $30.0 million, EPS $0.26.","evidence_excerpt":"Platinum sustainability rating from EcoVadis, placing Ecovyst in the top one percent of all companies rated in our peer group Fourth Quarter 2023 Results & Highlights ▪ Sales of $172.8 million, compared to $182.8 million in the fourth quarter of 2022, the decrease reflecting the price pass-through of lower sulfur costs of approximately $9 million. ▪ Net income from","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1708035/000170803524000065/0001708035-24-000065-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$172.8 million"},{"label":"Net income","value":"$30.0 million"},{"label":"EPS","value":"$0.26"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c8913185d30a548a02352118e63d0b305fd3647b","claim":"Ecovyst Inc. reported the quarter and year ended December 31, 2023 results: revenue $691.1 million, net income $71.2 million, EPS $0.60.","evidence_excerpt":"materials, specialty catalysts and services, today reported results for the fourth quarter and full year ended December 31, 2023. Full Year 2023 Results & Highlights • Sales of $691.1 million, compared to $820.2 million in 2022. The change is primarily due to the pass through of lower sulfur costs of $86 million, and lower sales volume. Sales volume was negatively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1708035/000170803524000065/0001708035-24-000065-index.htm","confidence":0.8,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2023"},{"label":"Revenue","value":"$691.1 million"},{"label":"Net income","value":"$71.2 million"},{"label":"EPS","value":"$0.60"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}