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Side-by-side financial comparison of Webull Corp (BULL) 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 $131.5M, roughly 1.5× Webull Corp). On growth, Webull Corp posted the faster year-over-year revenue change (46.3% vs 34.0%). Webull Corp produced more free cash flow last quarter ($271.7M vs $22.9M).

Webull Corporation, often stylized as simply Webull, is a US-based financial services holding company headquartered in St. Petersburg, Florida. It provides an electronic trading platform of the same name.

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.

BULL vs ECVT — Head-to-Head

Bigger by revenue
ECVT
ECVT
1.5× larger
ECVT
$199.4M
$131.5M
BULL
Growing faster (revenue YoY)
BULL
BULL
+12.3% gap
BULL
46.3%
34.0%
ECVT
More free cash flow
BULL
BULL
$248.7M more FCF
BULL
$271.7M
$22.9M
ECVT

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BULL
BULL
ECVT
ECVT
Revenue
$131.5M
$199.4M
Net Profit
$-28.3M
Gross Margin
23.4%
Operating Margin
-16.3%
10.9%
Net Margin
-21.5%
Revenue YoY
46.3%
34.0%
Net Profit YoY
-144.3%
EPS (diluted)
$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
BULL
BULL
ECVT
ECVT
Q4 25
$199.4M
Q3 25
$204.9M
Q2 25
$131.5M
$176.1M
Q1 25
$143.1M
Q4 24
$148.9M
Q3 24
$153.9M
Q2 24
$89.9M
$154.0M
Q1 24
$141.6M
Net Profit
BULL
BULL
ECVT
ECVT
Q4 25
Q3 25
$-79.3M
Q2 25
$-28.3M
$6.0M
Q1 25
$-3.6M
Q4 24
Q3 24
$14.3M
Q2 24
$-11.6M
$8.3M
Q1 24
$1.2M
Gross Margin
BULL
BULL
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
BULL
BULL
ECVT
ECVT
Q4 25
10.9%
Q3 25
13.8%
Q2 25
-16.3%
9.0%
Q1 25
-0.7%
Q4 24
15.1%
Q3 24
17.9%
Q2 24
-11.4%
14.1%
Q1 24
9.5%
Net Margin
BULL
BULL
ECVT
ECVT
Q4 25
Q3 25
-38.7%
Q2 25
-21.5%
3.4%
Q1 25
-2.5%
Q4 24
Q3 24
9.3%
Q2 24
-12.9%
5.4%
Q1 24
0.9%
EPS (diluted)
BULL
BULL
ECVT
ECVT
Q4 25
$0.06
Q3 25
$-0.69
Q2 25
$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
BULL
BULL
ECVT
ECVT
Cash + ST InvestmentsLiquidity on hand
$476.7M
$197.2M
Total DebtLower is stronger
$392.6M
Stockholders' EquityBook value
$751.6M
$603.4M
Total Assets
$2.6B
$1.3B
Debt / EquityLower = less leverage
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BULL
BULL
ECVT
ECVT
Q4 25
$197.2M
Q3 25
$82.0M
Q2 25
$476.7M
$69.6M
Q1 25
$127.5M
Q4 24
$131.4M
Q3 24
$123.5M
Q2 24
$83.3M
Q1 24
$103.1M
Total Debt
BULL
BULL
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
BULL
BULL
ECVT
ECVT
Q4 25
$603.4M
Q3 25
$607.9M
Q2 25
$751.6M
$692.4M
Q1 25
$698.7M
Q4 24
$700.5M
Q3 24
$729.4M
Q2 24
$-2.9B
$717.3M
Q1 24
$711.4M
Total Assets
BULL
BULL
ECVT
ECVT
Q4 25
$1.3B
Q3 25
$1.7B
Q2 25
$2.6B
$1.8B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.8B
Q1 24
$1.8B
Debt / Equity
BULL
BULL
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
BULL
BULL
ECVT
ECVT
Operating Cash FlowLast quarter
$272.1M
$41.8M
Free Cash FlowOCF − Capex
$271.7M
$22.9M
FCF MarginFCF / Revenue
206.6%
11.5%
Capex IntensityCapex / Revenue
0.3%
9.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$69.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BULL
BULL
ECVT
ECVT
Q4 25
$41.8M
Q3 25
$55.3M
Q2 25
$272.1M
$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
BULL
BULL
ECVT
ECVT
Q4 25
$22.9M
Q3 25
$53.2M
Q2 25
$271.7M
$7.8M
Q1 25
$-14.0M
Q4 24
$30.9M
Q3 24
$53.6M
Q2 24
$-9.3M
Q1 24
$19.1M
FCF Margin
BULL
BULL
ECVT
ECVT
Q4 25
11.5%
Q3 25
26.0%
Q2 25
206.6%
4.4%
Q1 25
-9.8%
Q4 24
20.7%
Q3 24
34.9%
Q2 24
-6.1%
Q1 24
13.5%
Capex Intensity
BULL
BULL
ECVT
ECVT
Q4 25
9.4%
Q3 25
1.0%
Q2 25
0.3%
14.4%
Q1 25
16.9%
Q4 24
8.5%
Q3 24
4.1%
Q2 24
12.5%
Q1 24
12.3%
Cash Conversion
BULL
BULL
ECVT
ECVT
Q4 25
Q3 25
Q2 25
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

BULL
BULL

Segment breakdown not available.

ECVT
ECVT

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

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