vs

Side-by-side financial comparison of Ecovyst Inc. (ECVT) and ONE Group Hospitality, Inc. (STKS). Click either name above to swap in a different company.

ONE Group Hospitality, Inc. is the larger business by last-quarter revenue ($207.0M vs $199.4M, roughly 1.0× Ecovyst Inc.). On growth, Ecovyst Inc. posted the faster year-over-year revenue change (34.0% vs -6.7%). Ecovyst Inc. produced more free cash flow last quarter ($22.9M vs $-329.0K). Over the past eight quarters, ONE Group Hospitality, Inc.'s revenue compounded faster (56.1% CAGR vs 18.7%).

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.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

ECVT vs STKS — Head-to-Head

Bigger by revenue
STKS
STKS
1.0× larger
STKS
$207.0M
$199.4M
ECVT
Growing faster (revenue YoY)
ECVT
ECVT
+40.7% gap
ECVT
34.0%
-6.7%
STKS
More free cash flow
ECVT
ECVT
$23.3M more FCF
ECVT
$22.9M
$-329.0K
STKS
Faster 2-yr revenue CAGR
STKS
STKS
Annualised
STKS
56.1%
18.7%
ECVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ECVT
ECVT
STKS
STKS
Revenue
$199.4M
$207.0M
Net Profit
$-6.4M
Gross Margin
23.4%
Operating Margin
10.9%
2.2%
Net Margin
-3.1%
Revenue YoY
34.0%
-6.7%
Net Profit YoY
-531.8%
EPS (diluted)
$0.06
$-0.50

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
ECVT
ECVT
STKS
STKS
Q4 25
$199.4M
$207.0M
Q3 25
$204.9M
$180.2M
Q2 25
$176.1M
$207.4M
Q1 25
$143.1M
$211.1M
Q4 24
$148.9M
$221.9M
Q3 24
$153.9M
$194.0M
Q2 24
$154.0M
$172.5M
Q1 24
$141.6M
$85.0M
Net Profit
ECVT
ECVT
STKS
STKS
Q4 25
$-6.4M
Q3 25
$-79.3M
$-76.7M
Q2 25
$6.0M
$-10.1M
Q1 25
$-3.6M
$975.0K
Q4 24
$1.5M
Q3 24
$14.3M
$-9.3M
Q2 24
$8.3M
$-7.3M
Q1 24
$1.2M
$-2.1M
Gross Margin
ECVT
ECVT
STKS
STKS
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
ECVT
ECVT
STKS
STKS
Q4 25
10.9%
2.2%
Q3 25
13.8%
-4.4%
Q2 25
9.0%
0.3%
Q1 25
-0.7%
5.1%
Q4 24
15.1%
5.5%
Q3 24
17.9%
-1.9%
Q2 24
14.1%
0.6%
Q1 24
9.5%
-0.7%
Net Margin
ECVT
ECVT
STKS
STKS
Q4 25
-3.1%
Q3 25
-38.7%
-42.6%
Q2 25
3.4%
-4.9%
Q1 25
-2.5%
0.5%
Q4 24
0.7%
Q3 24
9.3%
-4.8%
Q2 24
5.4%
-4.3%
Q1 24
0.9%
-2.4%
EPS (diluted)
ECVT
ECVT
STKS
STKS
Q4 25
$0.06
$-0.50
Q3 25
$-0.69
$-2.75
Q2 25
$0.05
$-0.59
Q1 25
$-0.03
$-0.21
Q4 24
$-0.26
$-0.18
Q3 24
$0.12
$-0.53
Q2 24
$0.07
$-0.38
Q1 24
$0.01
$-0.07

Balance Sheet & Financial Strength

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

Metric
ECVT
ECVT
STKS
STKS
Cash + ST InvestmentsLiquidity on hand
$197.2M
$4.2M
Total DebtLower is stronger
$392.6M
$354.2M
Stockholders' EquityBook value
$603.4M
$-75.8M
Total Assets
$1.3B
$884.2M
Debt / EquityLower = less leverage
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECVT
ECVT
STKS
STKS
Q4 25
$197.2M
$4.2M
Q3 25
$82.0M
$5.5M
Q2 25
$69.6M
$4.7M
Q1 25
$127.5M
$21.4M
Q4 24
$131.4M
$27.6M
Q3 24
$123.5M
$28.2M
Q2 24
$83.3M
$32.2M
Q1 24
$103.1M
$15.4M
Total Debt
ECVT
ECVT
STKS
STKS
Q4 25
$392.6M
$354.2M
Q3 25
$854.8M
$355.0M
Q2 25
$856.6M
$347.4M
Q1 25
$859.0M
$348.3M
Q4 24
$860.8M
$348.3M
Q3 24
$862.7M
$349.1M
Q2 24
$862.4M
$350.0M
Q1 24
$866.2M
$73.5M
Stockholders' Equity
ECVT
ECVT
STKS
STKS
Q4 25
$603.4M
$-75.8M
Q3 25
$607.9M
$-61.5M
Q2 25
$692.4M
$23.0M
Q1 25
$698.7M
$40.5M
Q4 24
$700.5M
$45.9M
Q3 24
$729.4M
$51.4M
Q2 24
$717.3M
$68.1M
Q1 24
$711.4M
$68.3M
Total Assets
ECVT
ECVT
STKS
STKS
Q4 25
$1.3B
$884.2M
Q3 25
$1.7B
$879.5M
Q2 25
$1.8B
$935.7M
Q1 25
$1.8B
$956.0M
Q4 24
$1.8B
$960.1M
Q3 24
$1.8B
$953.5M
Q2 24
$1.8B
$945.9M
Q1 24
$1.8B
$309.3M
Debt / Equity
ECVT
ECVT
STKS
STKS
Q4 25
0.65×
Q3 25
1.41×
Q2 25
1.24×
15.07×
Q1 25
1.23×
8.61×
Q4 24
1.23×
7.59×
Q3 24
1.18×
6.79×
Q2 24
1.20×
5.14×
Q1 24
1.22×
1.08×

Cash Flow & Capital Efficiency

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

Metric
ECVT
ECVT
STKS
STKS
Operating Cash FlowLast quarter
$41.8M
$13.1M
Free Cash FlowOCF − Capex
$22.9M
$-329.0K
FCF MarginFCF / Revenue
11.5%
-0.2%
Capex IntensityCapex / Revenue
9.4%
6.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$69.9M
$-27.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECVT
ECVT
STKS
STKS
Q4 25
$41.8M
$13.1M
Q3 25
$55.3M
$5.9M
Q2 25
$33.0M
$2.8M
Q1 25
$10.3M
$8.5M
Q4 24
$43.5M
$18.5M
Q3 24
$59.9M
$19.1M
Q2 24
$10.0M
$-3.8M
Q1 24
$36.5M
$10.4M
Free Cash Flow
ECVT
ECVT
STKS
STKS
Q4 25
$22.9M
$-329.0K
Q3 25
$53.2M
$-6.1M
Q2 25
$7.8M
$-15.0M
Q1 25
$-14.0M
$-5.8M
Q4 24
$30.9M
$733.0K
Q3 24
$53.6M
$287.0K
Q2 24
$-9.3M
$-23.0M
Q1 24
$19.1M
$-5.4M
FCF Margin
ECVT
ECVT
STKS
STKS
Q4 25
11.5%
-0.2%
Q3 25
26.0%
-3.4%
Q2 25
4.4%
-7.2%
Q1 25
-9.8%
-2.7%
Q4 24
20.7%
0.3%
Q3 24
34.9%
0.1%
Q2 24
-6.1%
-13.3%
Q1 24
13.5%
-6.4%
Capex Intensity
ECVT
ECVT
STKS
STKS
Q4 25
9.4%
6.5%
Q3 25
1.0%
6.7%
Q2 25
14.4%
8.6%
Q1 25
16.9%
6.8%
Q4 24
8.5%
8.0%
Q3 24
4.1%
9.7%
Q2 24
12.5%
11.1%
Q1 24
12.3%
18.6%
Cash Conversion
ECVT
ECVT
STKS
STKS
Q4 25
Q3 25
Q2 25
5.52×
Q1 25
8.76×
Q4 24
12.54×
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

ECVT
ECVT

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

STKS
STKS

Benihanas$111.3M54%
Steakhouse Restaurant$59.2M29%
Grill Concepts$32.3M16%
Other$4.2M2%

Related Comparisons