---
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"
generated_at: "2026-06-05T09:06:46.570991+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ecovyst FY 2023 sales fall 15.7% to $691.1M; adj. EPS $0.75

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001708035-24-000065
- JSON: https://secwatch.observer/filing/0001708035-24-000065.json
- Plain text: https://secwatch.observer/filing/0001708035-24-000065.txt

## Key facts
- Earnings Releases
  Ecovyst Inc. reported the fourth quarter ended December 31, 2023 results: revenue $172.8 million, net income $30.0 million, EPS $0.26.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $172.8 million
  - Net income: $30.0 million
  - EPS: $0.26
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1708035/000170803524000065/0001708035-24-000065-index.htm
- Earnings Releases
  Ecovyst Inc. reported the quarter and year ended December 31, 2023 results: revenue $691.1 million, net income $71.2 million, EPS $0.60.
  - Period: the quarter and year ended December 31, 2023
  - Revenue: $691.1 million
  - Net income: $71.2 million
  - EPS: $0.60
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1708035/000170803524000065/0001708035-24-000065-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.