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

Ecovyst Inc. is the larger business by last-quarter revenue ($199.4M vs $129.7M, roughly 1.5× Travere Therapeutics, Inc.). On growth, Travere Therapeutics, Inc. posted the faster year-over-year revenue change (73.4% vs 34.0%). Over the past eight quarters, Travere Therapeutics, Inc.'s revenue compounded faster (77.0% 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.

Travere Therapeutics, Inc. is a global biopharmaceutical firm developing and commercializing innovative therapies for patients with rare, serious, life-threatening diseases. Its key segments cover rare nephrology, hepatology and metabolic disorders, serving markets across North America, Europe and other global regions.

ECVT vs TVTX — Head-to-Head

Bigger by revenue
ECVT
ECVT
1.5× larger
ECVT
$199.4M
$129.7M
TVTX
Growing faster (revenue YoY)
TVTX
TVTX
+39.4% gap
TVTX
73.4%
34.0%
ECVT
Faster 2-yr revenue CAGR
TVTX
TVTX
Annualised
TVTX
77.0%
18.7%
ECVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ECVT
ECVT
TVTX
TVTX
Revenue
$199.4M
$129.7M
Net Profit
Gross Margin
23.4%
98.0%
Operating Margin
10.9%
-25.0%
Net Margin
Revenue YoY
34.0%
73.4%
Net Profit YoY
EPS (diluted)
$0.06
$0.04

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
TVTX
TVTX
Q4 25
$199.4M
$129.7M
Q3 25
$204.9M
$164.9M
Q2 25
$176.1M
$114.4M
Q1 25
$143.1M
$81.7M
Q4 24
$148.9M
$74.8M
Q3 24
$153.9M
$62.9M
Q2 24
$154.0M
$54.1M
Q1 24
$141.6M
$41.4M
Net Profit
ECVT
ECVT
TVTX
TVTX
Q4 25
Q3 25
$-79.3M
$25.7M
Q2 25
$6.0M
$-12.8M
Q1 25
$-3.6M
$-41.2M
Q4 24
Q3 24
$14.3M
$-54.8M
Q2 24
$8.3M
$-70.4M
Q1 24
$1.2M
$-136.1M
Gross Margin
ECVT
ECVT
TVTX
TVTX
Q4 25
23.4%
98.0%
Q3 25
25.4%
99.0%
Q2 25
22.8%
98.7%
Q1 25
13.3%
94.3%
Q4 24
28.9%
96.6%
Q3 24
29.3%
97.4%
Q2 24
27.3%
96.2%
Q1 24
23.5%
96.4%
Operating Margin
ECVT
ECVT
TVTX
TVTX
Q4 25
10.9%
-25.0%
Q3 25
13.8%
15.1%
Q2 25
9.0%
-11.1%
Q1 25
-0.7%
-52.2%
Q4 24
15.1%
-81.2%
Q3 24
17.9%
-89.3%
Q2 24
14.1%
-125.1%
Q1 24
9.5%
-336.5%
Net Margin
ECVT
ECVT
TVTX
TVTX
Q4 25
Q3 25
-38.7%
15.6%
Q2 25
3.4%
-11.1%
Q1 25
-2.5%
-50.4%
Q4 24
Q3 24
9.3%
-87.1%
Q2 24
5.4%
-130.1%
Q1 24
0.9%
-328.9%
EPS (diluted)
ECVT
ECVT
TVTX
TVTX
Q4 25
$0.06
$0.04
Q3 25
$-0.69
$0.28
Q2 25
$0.05
$-0.14
Q1 25
$-0.03
$-0.47
Q4 24
$-0.26
$-0.71
Q3 24
$0.12
$-0.70
Q2 24
$0.07
$-0.91
Q1 24
$0.01
$-1.76

Balance Sheet & Financial Strength

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

Metric
ECVT
ECVT
TVTX
TVTX
Cash + ST InvestmentsLiquidity on hand
$197.2M
$93.0M
Total DebtLower is stronger
$392.6M
Stockholders' EquityBook value
$603.4M
$114.8M
Total Assets
$1.3B
$605.2M
Debt / EquityLower = less leverage
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECVT
ECVT
TVTX
TVTX
Q4 25
$197.2M
$93.0M
Q3 25
$82.0M
$110.9M
Q2 25
$69.6M
$75.2M
Q1 25
$127.5M
$61.9M
Q4 24
$131.4M
$58.5M
Q3 24
$123.5M
$36.4M
Q2 24
$83.3M
$32.3M
Q1 24
$103.1M
$43.3M
Total Debt
ECVT
ECVT
TVTX
TVTX
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
ECVT
ECVT
TVTX
TVTX
Q4 25
$603.4M
$114.8M
Q3 25
$607.9M
$73.6M
Q2 25
$692.4M
$32.7M
Q1 25
$698.7M
$32.8M
Q4 24
$700.5M
$59.1M
Q3 24
$729.4M
$-30.5M
Q2 24
$717.3M
$15.1M
Q1 24
$711.4M
$74.1M
Total Assets
ECVT
ECVT
TVTX
TVTX
Q4 25
$1.3B
$605.2M
Q3 25
$1.7B
$538.6M
Q2 25
$1.8B
$555.3M
Q1 25
$1.8B
$548.8M
Q4 24
$1.8B
$594.1M
Q3 24
$1.8B
$504.4M
Q2 24
$1.8B
$551.1M
Q1 24
$1.8B
$663.5M
Debt / Equity
ECVT
ECVT
TVTX
TVTX
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
ECVT
ECVT
TVTX
TVTX
Operating Cash FlowLast quarter
$41.8M
$60.7M
Free Cash FlowOCF − Capex
$22.9M
FCF MarginFCF / Revenue
11.5%
Capex IntensityCapex / Revenue
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
ECVT
ECVT
TVTX
TVTX
Q4 25
$41.8M
$60.7M
Q3 25
$55.3M
$14.3M
Q2 25
$33.0M
$5.0M
Q1 25
$10.3M
$-42.2M
Q4 24
$43.5M
$-35.7M
Q3 24
$59.9M
$-42.5M
Q2 24
$10.0M
$-40.2M
Q1 24
$36.5M
$-119.0M
Free Cash Flow
ECVT
ECVT
TVTX
TVTX
Q4 25
$22.9M
Q3 25
$53.2M
$14.2M
Q2 25
$7.8M
Q1 25
$-14.0M
Q4 24
$30.9M
Q3 24
$53.6M
Q2 24
$-9.3M
$-40.3M
Q1 24
$19.1M
FCF Margin
ECVT
ECVT
TVTX
TVTX
Q4 25
11.5%
Q3 25
26.0%
8.6%
Q2 25
4.4%
Q1 25
-9.8%
Q4 24
20.7%
Q3 24
34.9%
Q2 24
-6.1%
-74.5%
Q1 24
13.5%
Capex Intensity
ECVT
ECVT
TVTX
TVTX
Q4 25
9.4%
Q3 25
1.0%
0.1%
Q2 25
14.4%
Q1 25
16.9%
Q4 24
8.5%
Q3 24
4.1%
0.0%
Q2 24
12.5%
0.2%
Q1 24
12.3%
0.0%
Cash Conversion
ECVT
ECVT
TVTX
TVTX
Q4 25
Q3 25
0.56×
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

ECVT
ECVT

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

TVTX
TVTX

FILSPARI$103.3M80%
Tiopronin Products$23.3M18%
License$3.1M2%

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