vs

Side-by-side financial comparison of Amphastar Pharmaceuticals, Inc. (AMPH) and Ecovyst Inc. (ECVT). Click either name above to swap in a different company.

Ecovyst Inc. is the larger business by last-quarter revenue ($199.4M vs $183.1M, roughly 1.1× Amphastar Pharmaceuticals, Inc.). On growth, Ecovyst Inc. posted the faster year-over-year revenue change (34.0% vs -1.8%). Amphastar Pharmaceuticals, Inc. produced more free cash flow last quarter ($24.6M vs $22.9M). Over the past eight quarters, Ecovyst Inc.'s revenue compounded faster (18.7% CAGR vs 3.2%).

Amphastar Pharmaceuticals is a publicly traded American speciality pharmaceutical company. It was incorporated in May 2004 and primarily develops, manufactures, and sells inhalation and intranasal products.

Ecovyst Inc. is a global sustainable specialty materials provider that develops and manufactures high-performance catalysts and functional additives. Its offerings serve key segments including industrial manufacturing, consumer goods, and environmental protection, helping clients improve operational efficiency and lower carbon emissions across North America, Europe, and Asia-Pacific markets.

AMPH vs ECVT — Head-to-Head

Bigger by revenue
ECVT
ECVT
1.1× larger
ECVT
$199.4M
$183.1M
AMPH
Growing faster (revenue YoY)
ECVT
ECVT
+35.8% gap
ECVT
34.0%
-1.8%
AMPH
More free cash flow
AMPH
AMPH
$1.6M more FCF
AMPH
$24.6M
$22.9M
ECVT
Faster 2-yr revenue CAGR
ECVT
ECVT
Annualised
ECVT
18.7%
3.2%
AMPH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMPH
AMPH
ECVT
ECVT
Revenue
$183.1M
$199.4M
Net Profit
$24.4M
Gross Margin
46.8%
23.4%
Operating Margin
19.4%
10.9%
Net Margin
13.3%
Revenue YoY
-1.8%
34.0%
Net Profit YoY
-35.7%
EPS (diluted)
$0.51
$0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMPH
AMPH
ECVT
ECVT
Q4 25
$183.1M
$199.4M
Q3 25
$191.8M
$204.9M
Q2 25
$174.4M
$176.1M
Q1 25
$170.5M
$143.1M
Q4 24
$186.5M
$148.9M
Q3 24
$191.2M
$153.9M
Q2 24
$182.4M
$154.0M
Q1 24
$171.8M
$141.6M
Net Profit
AMPH
AMPH
ECVT
ECVT
Q4 25
$24.4M
Q3 25
$17.4M
$-79.3M
Q2 25
$31.0M
$6.0M
Q1 25
$25.3M
$-3.6M
Q4 24
$38.0M
Q3 24
$40.4M
$14.3M
Q2 24
$37.9M
$8.3M
Q1 24
$43.2M
$1.2M
Gross Margin
AMPH
AMPH
ECVT
ECVT
Q4 25
46.8%
23.4%
Q3 25
51.4%
25.4%
Q2 25
49.6%
22.8%
Q1 25
50.0%
13.3%
Q4 24
46.5%
28.9%
Q3 24
53.3%
29.3%
Q2 24
52.2%
27.3%
Q1 24
52.4%
23.5%
Operating Margin
AMPH
AMPH
ECVT
ECVT
Q4 25
19.4%
10.9%
Q3 25
13.2%
13.8%
Q2 25
24.2%
9.0%
Q1 25
21.9%
-0.7%
Q4 24
24.2%
15.1%
Q3 24
29.8%
17.9%
Q2 24
30.3%
14.1%
Q1 24
27.9%
9.5%
Net Margin
AMPH
AMPH
ECVT
ECVT
Q4 25
13.3%
Q3 25
9.0%
-38.7%
Q2 25
17.8%
3.4%
Q1 25
14.8%
-2.5%
Q4 24
20.4%
Q3 24
21.1%
9.3%
Q2 24
20.8%
5.4%
Q1 24
25.1%
0.9%
EPS (diluted)
AMPH
AMPH
ECVT
ECVT
Q4 25
$0.51
$0.06
Q3 25
$0.37
$-0.69
Q2 25
$0.64
$0.05
Q1 25
$0.51
$-0.03
Q4 24
$0.74
$-0.26
Q3 24
$0.78
$0.12
Q2 24
$0.73
$0.07
Q1 24
$0.81
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMPH
AMPH
ECVT
ECVT
Cash + ST InvestmentsLiquidity on hand
$282.8M
$197.2M
Total DebtLower is stronger
$608.7M
$392.6M
Stockholders' EquityBook value
$788.8M
$603.4M
Total Assets
$1.6B
$1.3B
Debt / EquityLower = less leverage
0.77×
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMPH
AMPH
ECVT
ECVT
Q4 25
$282.8M
$197.2M
Q3 25
$276.2M
$82.0M
Q2 25
$231.8M
$69.6M
Q1 25
$236.9M
$127.5M
Q4 24
$221.6M
$131.4M
Q3 24
$250.5M
$123.5M
Q2 24
$217.8M
$83.3M
Q1 24
$289.6M
$103.1M
Total Debt
AMPH
AMPH
ECVT
ECVT
Q4 25
$608.7M
$392.6M
Q3 25
$608.6M
$854.8M
Q2 25
$607.7M
$856.6M
Q1 25
$603.9M
$859.0M
Q4 24
$601.6M
$860.8M
Q3 24
$596.4M
$862.7M
Q2 24
$586.9M
$862.4M
Q1 24
$594.0M
$866.2M
Stockholders' Equity
AMPH
AMPH
ECVT
ECVT
Q4 25
$788.8M
$603.4M
Q3 25
$776.7M
$607.9M
Q2 25
$757.5M
$692.4M
Q1 25
$751.3M
$698.7M
Q4 24
$732.3M
$700.5M
Q3 24
$727.7M
$729.4M
Q2 24
$713.3M
$717.3M
Q1 24
$672.4M
$711.4M
Total Assets
AMPH
AMPH
ECVT
ECVT
Q4 25
$1.6B
$1.3B
Q3 25
$1.7B
$1.7B
Q2 25
$1.6B
$1.8B
Q1 25
$1.6B
$1.8B
Q4 24
$1.6B
$1.8B
Q3 24
$1.5B
$1.8B
Q2 24
$1.5B
$1.8B
Q1 24
$1.6B
$1.8B
Debt / Equity
AMPH
AMPH
ECVT
ECVT
Q4 25
0.77×
0.65×
Q3 25
0.78×
1.41×
Q2 25
0.80×
1.24×
Q1 25
0.80×
1.23×
Q4 24
0.82×
1.23×
Q3 24
0.82×
1.18×
Q2 24
0.82×
1.20×
Q1 24
0.88×
1.22×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMPH
AMPH
ECVT
ECVT
Operating Cash FlowLast quarter
$32.9M
$41.8M
Free Cash FlowOCF − Capex
$24.6M
$22.9M
FCF MarginFCF / Revenue
13.4%
11.5%
Capex IntensityCapex / Revenue
4.5%
9.4%
Cash ConversionOCF / Net Profit
1.35×
TTM Free Cash FlowTrailing 4 quarters
$121.2M
$69.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMPH
AMPH
ECVT
ECVT
Q4 25
$32.9M
$41.8M
Q3 25
$52.6M
$55.3M
Q2 25
$35.6M
$33.0M
Q1 25
$35.1M
$10.3M
Q4 24
$29.0M
$43.5M
Q3 24
$60.0M
$59.9M
Q2 24
$69.1M
$10.0M
Q1 24
$55.3M
$36.5M
Free Cash Flow
AMPH
AMPH
ECVT
ECVT
Q4 25
$24.6M
$22.9M
Q3 25
$47.2M
$53.2M
Q2 25
$25.0M
$7.8M
Q1 25
$24.4M
$-14.0M
Q4 24
$16.6M
$30.9M
Q3 24
$46.2M
$53.6M
Q2 24
$63.1M
$-9.3M
Q1 24
$46.5M
$19.1M
FCF Margin
AMPH
AMPH
ECVT
ECVT
Q4 25
13.4%
11.5%
Q3 25
24.6%
26.0%
Q2 25
14.3%
4.4%
Q1 25
14.3%
-9.8%
Q4 24
8.9%
20.7%
Q3 24
24.1%
34.9%
Q2 24
34.6%
-6.1%
Q1 24
27.1%
13.5%
Capex Intensity
AMPH
AMPH
ECVT
ECVT
Q4 25
4.5%
9.4%
Q3 25
2.8%
1.0%
Q2 25
6.1%
14.4%
Q1 25
6.3%
16.9%
Q4 24
6.7%
8.5%
Q3 24
7.2%
4.1%
Q2 24
3.3%
12.5%
Q1 24
5.1%
12.3%
Cash Conversion
AMPH
AMPH
ECVT
ECVT
Q4 25
1.35×
Q3 25
3.03×
Q2 25
1.15×
5.52×
Q1 25
1.39×
Q4 24
0.76×
Q3 24
1.48×
4.21×
Q2 24
1.82×
1.20×
Q1 24
1.28×
29.90×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMPH
AMPH

Other Products$62.4M34%
Baqsimi$46.7M26%
Primatenemist$27.9M15%
Epinephrine$17.1M9%
Lidocaine$14.9M8%
Glucagon$14.1M8%

ECVT
ECVT

Industrial Mining Automotive$101.3M51%
Regeneration And Treatment Services$90.0M45%
Other$8.1M4%

Related Comparisons