vs

Side-by-side financial comparison of Ategrity Specialty Insurance Co Holdings (ASIC) 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 $116.1M, roughly 1.7× Ategrity Specialty Insurance Co Holdings).

Ategrity Specialty Insurance Co Holdings is a specialty insurance holding company that provides commercial property and casualty insurance solutions. It primarily focuses on excess and surplus lines coverage, serving niche segments including construction, healthcare, and small business markets across the United States, offering tailored policies for unique, hard-to-place risks that standard carriers do not typically cover.

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.

ASIC vs ECVT — Head-to-Head

Bigger by revenue
ECVT
ECVT
1.7× larger
ECVT
$199.4M
$116.1M
ASIC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASIC
ASIC
ECVT
ECVT
Revenue
$116.1M
$199.4M
Net Profit
$22.7M
Gross Margin
23.4%
Operating Margin
25.6%
10.9%
Net Margin
19.5%
Revenue YoY
34.0%
Net Profit YoY
EPS (diluted)
$0.45
$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
ASIC
ASIC
ECVT
ECVT
Q4 25
$199.4M
Q3 25
$116.1M
$204.9M
Q2 25
$101.8M
$176.1M
Q1 25
$143.1M
Q4 24
$148.9M
Q3 24
$153.9M
Q2 24
$154.0M
Q1 24
$141.6M
Net Profit
ASIC
ASIC
ECVT
ECVT
Q4 25
Q3 25
$22.7M
$-79.3M
Q2 25
$17.6M
$6.0M
Q1 25
$-3.6M
Q4 24
Q3 24
$14.3M
Q2 24
$8.3M
Q1 24
$1.2M
Gross Margin
ASIC
ASIC
ECVT
ECVT
Q4 25
23.4%
Q3 25
25.4%
Q2 25
22.8%
Q1 25
13.3%
Q4 24
28.9%
Q3 24
29.3%
Q2 24
27.3%
Q1 24
23.5%
Operating Margin
ASIC
ASIC
ECVT
ECVT
Q4 25
10.9%
Q3 25
25.6%
13.8%
Q2 25
21.9%
9.0%
Q1 25
-0.7%
Q4 24
15.1%
Q3 24
17.9%
Q2 24
14.1%
Q1 24
9.5%
Net Margin
ASIC
ASIC
ECVT
ECVT
Q4 25
Q3 25
19.5%
-38.7%
Q2 25
17.3%
3.4%
Q1 25
-2.5%
Q4 24
Q3 24
9.3%
Q2 24
5.4%
Q1 24
0.9%
EPS (diluted)
ASIC
ASIC
ECVT
ECVT
Q4 25
$0.06
Q3 25
$0.45
$-0.69
Q2 25
$0.39
$0.05
Q1 25
$-0.03
Q4 24
$-0.26
Q3 24
$0.12
Q2 24
$0.07
Q1 24
$0.01

Balance Sheet & Financial Strength

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

Metric
ASIC
ASIC
ECVT
ECVT
Cash + ST InvestmentsLiquidity on hand
$34.3M
$197.2M
Total DebtLower is stronger
$392.6M
Stockholders' EquityBook value
$588.6M
$603.4M
Total Assets
$1.4B
$1.3B
Debt / EquityLower = less leverage
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASIC
ASIC
ECVT
ECVT
Q4 25
$197.2M
Q3 25
$34.3M
$82.0M
Q2 25
$23.5M
$69.6M
Q1 25
$127.5M
Q4 24
$131.4M
Q3 24
$123.5M
Q2 24
$83.3M
Q1 24
$103.1M
Total Debt
ASIC
ASIC
ECVT
ECVT
Q4 25
$392.6M
Q3 25
$854.8M
Q2 25
$856.6M
Q1 25
$859.0M
Q4 24
$860.8M
Q3 24
$862.7M
Q2 24
$862.4M
Q1 24
$866.2M
Stockholders' Equity
ASIC
ASIC
ECVT
ECVT
Q4 25
$603.4M
Q3 25
$588.6M
$607.9M
Q2 25
$559.7M
$692.4M
Q1 25
$698.7M
Q4 24
$700.5M
Q3 24
$729.4M
Q2 24
$717.3M
Q1 24
$711.4M
Total Assets
ASIC
ASIC
ECVT
ECVT
Q4 25
$1.3B
Q3 25
$1.4B
$1.7B
Q2 25
$1.4B
$1.8B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.8B
Q1 24
$1.8B
Debt / Equity
ASIC
ASIC
ECVT
ECVT
Q4 25
0.65×
Q3 25
1.41×
Q2 25
1.24×
Q1 25
1.23×
Q4 24
1.23×
Q3 24
1.18×
Q2 24
1.20×
Q1 24
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
ASIC
ASIC
ECVT
ECVT
Operating Cash FlowLast quarter
$41.1M
$41.8M
Free Cash FlowOCF − Capex
$22.9M
FCF MarginFCF / Revenue
11.5%
Capex IntensityCapex / Revenue
9.4%
Cash ConversionOCF / Net Profit
1.81×
TTM Free Cash FlowTrailing 4 quarters
$69.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASIC
ASIC
ECVT
ECVT
Q4 25
$41.8M
Q3 25
$41.1M
$55.3M
Q2 25
$50.8M
$33.0M
Q1 25
$10.3M
Q4 24
$43.5M
Q3 24
$59.9M
Q2 24
$10.0M
Q1 24
$36.5M
Free Cash Flow
ASIC
ASIC
ECVT
ECVT
Q4 25
$22.9M
Q3 25
$53.2M
Q2 25
$7.8M
Q1 25
$-14.0M
Q4 24
$30.9M
Q3 24
$53.6M
Q2 24
$-9.3M
Q1 24
$19.1M
FCF Margin
ASIC
ASIC
ECVT
ECVT
Q4 25
11.5%
Q3 25
26.0%
Q2 25
4.4%
Q1 25
-9.8%
Q4 24
20.7%
Q3 24
34.9%
Q2 24
-6.1%
Q1 24
13.5%
Capex Intensity
ASIC
ASIC
ECVT
ECVT
Q4 25
9.4%
Q3 25
1.0%
Q2 25
14.4%
Q1 25
16.9%
Q4 24
8.5%
Q3 24
4.1%
Q2 24
12.5%
Q1 24
12.3%
Cash Conversion
ASIC
ASIC
ECVT
ECVT
Q4 25
Q3 25
1.81×
Q2 25
2.88×
5.52×
Q1 25
Q4 24
Q3 24
4.21×
Q2 24
1.20×
Q1 24
29.90×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASIC
ASIC

Segment breakdown not available.

ECVT
ECVT

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

Related Comparisons