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Ecovyst (Ecovyst) Operating Margin % : 13.84% (As of Dec. 2023)


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What is Ecovyst Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Ecovyst's Operating Income for the three months ended in Dec. 2023 was $23.9 Mil. Ecovyst's Revenue for the three months ended in Dec. 2023 was $172.8 Mil. Therefore, Ecovyst's Operating Margin % for the quarter that ended in Dec. 2023 was 13.84%.

Good Sign:

Ecovyst Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Ecovyst's Operating Margin % or its related term are showing as below:

ECVT' s Operating Margin % Range Over the Past 10 Years
Min: 10.36   Med: 12.74   Max: 17.51
Current: 15.4


ECVT's Operating Margin % is ranked better than
82.95% of 1531 companies
in the Chemicals industry
Industry Median: 6.18 vs ECVT: 15.40

Ecovyst's 5-Year Average Operating Margin % Growth Rate was 3.60% per year.

Ecovyst's Operating Income for the three months ended in Dec. 2023 was $23.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $106.4 Mil.


Ecovyst Operating Margin % Historical Data

The historical data trend for Ecovyst's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ecovyst Operating Margin % Chart

Ecovyst Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only 13.67 11.96 10.87 15.43 15.39

Ecovyst Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.38 7.64 19.95 19.30 13.84

Competitive Comparison of Ecovyst's Operating Margin %

For the Specialty Chemicals subindustry, Ecovyst's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ecovyst's Operating Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ecovyst's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Ecovyst's Operating Margin % falls into.



Ecovyst Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Ecovyst's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=106.396 / 691.118
=15.39 %

Ecovyst's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=23.921 / 172.808
=13.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ecovyst  (NYSE:ECVT) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Ecovyst Operating Margin % Related Terms

Thank you for viewing the detailed overview of Ecovyst's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ecovyst (Ecovyst) Business Description

Traded in Other Exchanges
Address
300 Lindenwood Drive, Valleybrooke Corporate Center, Malvern, PA, USA, 19355-1740
Ecovyst Inc is a provider of catalysts, specialty materials, chemicals, and services that enable environmental improvements, enhance consumer products and increase personal safety. It manufactures specialty inorganic performance chemicals, specialty catalysts, and specialty glass materials. It sells products in the United States and other countries. Its operating segments are Ecoservices and Catalyst Technologies.
Executives
Michael Feehan officer: See Remarks C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Kurt Bitting officer: See Remarks C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Ineos Ltd 10 percent owner 38 HANS CRESCENT, KNIGHTSBRIDGE, LONDON X0 SW1X 0LZ
Ccmp Capital, Lp 10 percent owner 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Kyle D Vann director 11 HEPPLEWHITE WAY, THE WOODLANDS TX 77382
Paul Whittleston officer: See Remarks C/O ECOVYST INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Jonny Ginns director C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Robert Coxon director C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Vann George L. Jr. officer: See Remarks C/O ECOVYST INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Thomas Schneberger officer: See Remarks C/O FMC CORP, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Joseph S. Koscinski officer: See Remarks C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Sichko William J. Jr. officer: See Remarks C/O PQ GROUP HOLDINGS INC., 300 LINDENWOOD DRIVE, MALVERN PA 19355
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
David A. Bradley director 15710 JOHN F. KENNDEY BLVD, SUITE 300, HOUSTON TX 77032
Kevin Michael Fogarty director 30 GRAND GARDEN COURT, THE WOODLANDS TX 77381