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Side-by-side financial comparison of Claritev Corp (CTEV) and Ecovyst Inc. (ECVT). Click either name above to swap in a different company.

Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $199.4M, roughly 1.2× Ecovyst Inc.). On growth, Ecovyst Inc. posted the faster year-over-year revenue change (34.0% vs 6.2%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $22.9M). Over the past eight quarters, Ecovyst Inc.'s revenue compounded faster (18.7% CAGR vs 2.5%).

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.

CTEV vs ECVT — Head-to-Head

Bigger by revenue
CTEV
CTEV
1.2× larger
CTEV
$246.6M
$199.4M
ECVT
Growing faster (revenue YoY)
ECVT
ECVT
+27.8% gap
ECVT
34.0%
6.2%
CTEV
More free cash flow
CTEV
CTEV
$13.4M more FCF
CTEV
$36.4M
$22.9M
ECVT
Faster 2-yr revenue CAGR
ECVT
ECVT
Annualised
ECVT
18.7%
2.5%
CTEV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CTEV
CTEV
ECVT
ECVT
Revenue
$246.6M
$199.4M
Net Profit
$-80.6M
Gross Margin
23.4%
Operating Margin
-3.1%
10.9%
Net Margin
-32.7%
Revenue YoY
6.2%
34.0%
Net Profit YoY
41.6%
EPS (diluted)
$-4.88
$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
CTEV
CTEV
ECVT
ECVT
Q4 25
$246.6M
$199.4M
Q3 25
$246.0M
$204.9M
Q2 25
$241.6M
$176.1M
Q1 25
$231.3M
$143.1M
Q4 24
$232.1M
$148.9M
Q3 24
$230.5M
$153.9M
Q2 24
$233.5M
$154.0M
Q1 24
$234.5M
$141.6M
Net Profit
CTEV
CTEV
ECVT
ECVT
Q4 25
$-80.6M
Q3 25
$-69.8M
$-79.3M
Q2 25
$-62.6M
$6.0M
Q1 25
$-71.3M
$-3.6M
Q4 24
$-138.0M
Q3 24
$-391.4M
$14.3M
Q2 24
$-576.7M
$8.3M
Q1 24
$-539.7M
$1.2M
Gross Margin
CTEV
CTEV
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
CTEV
CTEV
ECVT
ECVT
Q4 25
-3.1%
10.9%
Q3 25
4.1%
13.8%
Q2 25
6.9%
9.0%
Q1 25
4.2%
-0.7%
Q4 24
-17.8%
15.1%
Q3 24
-146.7%
17.9%
Q2 24
-224.4%
14.1%
Q1 24
-207.4%
9.5%
Net Margin
CTEV
CTEV
ECVT
ECVT
Q4 25
-32.7%
Q3 25
-28.4%
-38.7%
Q2 25
-25.9%
3.4%
Q1 25
-30.8%
-2.5%
Q4 24
-59.4%
Q3 24
-169.8%
9.3%
Q2 24
-247.0%
5.4%
Q1 24
-230.1%
0.9%
EPS (diluted)
CTEV
CTEV
ECVT
ECVT
Q4 25
$-4.88
$0.06
Q3 25
$-4.23
$-0.69
Q2 25
$-3.81
$0.05
Q1 25
$-4.38
$-0.03
Q4 24
$-8.49
$-0.26
Q3 24
$-24.25
$0.12
Q2 24
$-35.78
$0.07
Q1 24
$-33.40
$0.01

Balance Sheet & Financial Strength

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

Metric
CTEV
CTEV
ECVT
ECVT
Cash + ST InvestmentsLiquidity on hand
$16.8M
$197.2M
Total DebtLower is stronger
$4.6B
$392.6M
Stockholders' EquityBook value
$-173.9M
$603.4M
Total Assets
$4.9B
$1.3B
Debt / EquityLower = less leverage
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTEV
CTEV
ECVT
ECVT
Q4 25
$16.8M
$197.2M
Q3 25
$39.2M
$82.0M
Q2 25
$56.4M
$69.6M
Q1 25
$23.1M
$127.5M
Q4 24
$16.8M
$131.4M
Q3 24
$86.6M
$123.5M
Q2 24
$48.8M
$83.3M
Q1 24
$58.7M
$103.1M
Total Debt
CTEV
CTEV
ECVT
ECVT
Q4 25
$4.6B
$392.6M
Q3 25
$4.5B
$854.8M
Q2 25
$4.5B
$856.6M
Q1 25
$4.5B
$859.0M
Q4 24
$4.5B
$860.8M
Q3 24
$4.5B
$862.7M
Q2 24
$4.5B
$862.4M
Q1 24
$4.5B
$866.2M
Stockholders' Equity
CTEV
CTEV
ECVT
ECVT
Q4 25
$-173.9M
$603.4M
Q3 25
$-101.8M
$607.9M
Q2 25
$-39.9M
$692.4M
Q1 25
$14.8M
$698.7M
Q4 24
$84.0M
$700.5M
Q3 24
$207.6M
$729.4M
Q2 24
$603.4M
$717.3M
Q1 24
$1.2B
$711.4M
Total Assets
CTEV
CTEV
ECVT
ECVT
Q4 25
$4.9B
$1.3B
Q3 25
$5.0B
$1.7B
Q2 25
$5.1B
$1.8B
Q1 25
$5.1B
$1.8B
Q4 24
$5.2B
$1.8B
Q3 24
$5.3B
$1.8B
Q2 24
$5.7B
$1.8B
Q1 24
$6.4B
$1.8B
Debt / Equity
CTEV
CTEV
ECVT
ECVT
Q4 25
0.65×
Q3 25
1.41×
Q2 25
1.24×
Q1 25
304.87×
1.23×
Q4 24
53.67×
1.23×
Q3 24
21.73×
1.18×
Q2 24
7.48×
1.20×
Q1 24
3.85×
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
CTEV
CTEV
ECVT
ECVT
Operating Cash FlowLast quarter
$66.3M
$41.8M
Free Cash FlowOCF − Capex
$36.4M
$22.9M
FCF MarginFCF / Revenue
14.8%
11.5%
Capex IntensityCapex / Revenue
12.1%
9.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.3M
$69.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTEV
CTEV
ECVT
ECVT
Q4 25
$66.3M
$41.8M
Q3 25
$19.9M
$55.3M
Q2 25
$61.2M
$33.0M
Q1 25
$-30.1M
$10.3M
Q4 24
$-33.4M
$43.5M
Q3 24
$72.8M
$59.9M
Q2 24
$18.5M
$10.0M
Q1 24
$49.7M
$36.5M
Free Cash Flow
CTEV
CTEV
ECVT
ECVT
Q4 25
$36.4M
$22.9M
Q3 25
$-16.3M
$53.2M
Q2 25
$36.6M
$7.8M
Q1 25
$-68.9M
$-14.0M
Q4 24
$-63.8M
$30.9M
Q3 24
$41.1M
$53.6M
Q2 24
$-7.0M
$-9.3M
Q1 24
$19.2M
$19.1M
FCF Margin
CTEV
CTEV
ECVT
ECVT
Q4 25
14.8%
11.5%
Q3 25
-6.6%
26.0%
Q2 25
15.2%
4.4%
Q1 25
-29.8%
-9.8%
Q4 24
-27.5%
20.7%
Q3 24
17.8%
34.9%
Q2 24
-3.0%
-6.1%
Q1 24
8.2%
13.5%
Capex Intensity
CTEV
CTEV
ECVT
ECVT
Q4 25
12.1%
9.4%
Q3 25
14.7%
1.0%
Q2 25
10.2%
14.4%
Q1 25
16.8%
16.9%
Q4 24
13.1%
8.5%
Q3 24
13.8%
4.1%
Q2 24
10.9%
12.5%
Q1 24
13.0%
12.3%
Cash Conversion
CTEV
CTEV
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

CTEV
CTEV

Segment breakdown not available.

ECVT
ECVT

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

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