Cabot Earnings Reports

Cabot Corporation announced its first quarter fiscal year 2025 results, reporting a diluted EPS of $1.67 and an adjusted EPS of $1.76, which is a 13% increase compared to the same quarter in the prior year. The company's performance was driven by operational excellence and agility in a challenging market environment.

Cabot Corporation reported a solid fourth quarter with an Adjusted EPS of $1.80, representing a 9% increase compared to the same quarter in the prior year. The company's strong Adjusted EPS results of $7.06 for the fiscal year, a 31% increase over fiscal 2023, were driven by EBIT growth in both segments. Strong operating performance resulted in $692 million in operating cash flow, enabling continued capital allocation priorities.

Cabot Corporation reported a strong third quarter in fiscal year 2024, with adjusted EPS of $1.92, a 35% increase compared to the prior year. The company saw strength in its Reinforcement Materials segment and a significant EBIT increase in the Performance Chemicals segment. Operating cash flow was $207 million, supporting $73 million returned to shareholders.

Cabot Corporation reported strong second quarter fiscal year 2024 results, with a 34% increase in Adjusted EPS compared to the same quarter in the prior year. The company's Reinforcement Materials segment and Performance Chemicals segment both saw EBIT growth, driven by price and volume improvements. Cabot also increased its quarterly dividend by 8% and repurchased shares, returning cash to shareholders.

Cabot Corporation reported its first quarter fiscal year 2024 results, showcasing a strong adjusted EPS of $1.56, up 59% year-over-year, driven by operational excellence and agility in a weak market. The Reinforcement Materials segment and Performance Chemicals segment both experienced significant EBIT growth, and the company finalized calendar year 2024 customer agreements with improved pricing and product mix. Strong operating cash flow supported shareholder returns through dividends and share repurchases, while the balance sheet remained strong.

Cabot Corporation reported a net sales of $965 million for Q4 2023. The diluted EPS was $4.10 and adjusted EPS was $1.65. Cash flows from operations were $138 million and the company returned $73 million to shareholders through dividends and share repurchases.

Cabot Corporation reported its third quarter fiscal year 2023 results, which included a diluted EPS of $1.43 and an adjusted EPS of $1.42. The Reinforcement Materials segment achieved a record EBIT of $132 million, up 17% year-over-year. Strong operating cash flow of $243 million supported shareholder returns through dividends and share repurchases. However, the Performance Chemicals segment faced challenges due to weak demand.

Cabot Corporation reported Q2 fiscal year 2023 results with adjusted EPS of $1.33. The Reinforcement Materials segment achieved a record EBIT of $122 million, up 21% year-over-year. The company's cash flow from operations was $162 million, supporting a return of $37 million to shareholders through dividends and share repurchases. The quarterly dividend was increased to $0.40 per share, an 8% increase.

Cabot Corporation reported first quarter fiscal year 2023 results with adjusted EPS of $0.98 and diluted EPS of $0.93. The company reaffirmed its fiscal year 2023 outlook for adjusted EPS in the range of $6.25 to $6.75.

Cabot Corporation reported an exceptional year with record adjusted earnings per share that exceeded the prior year performance by 25 percent. Both segments delivered double digit year-over-year EBIT growth, and growth in Battery Materials continues to outpace the market. The company delivered record 2022 adjusted earnings per share that exceeded prior year performance by 25%.

Cabot Corporation reported strong Q3 fiscal year 2022 results, with a 14% increase in Diluted EPS and a 28% increase in Adjusted EPS year-over-year. The company saw record Reinforcement Materials segment EBIT results and a 17% increase in Performance Chemicals segment EBIT. Battery Materials continued to show momentum with a 60% volume increase year-over-year.

Cabot Corporation reported strong second quarter fiscal year 2022 results, driven by record segment EBIT in Reinforcement Materials and Performance Chemicals. Diluted EPS increased by 42%, and adjusted EPS increased by 22% year-over-year. The company completed the divestiture of the Purification Solutions business and returned $36 million to shareholders through dividends and share repurchases.

Cabot Corporation reported a net loss of $89 million, or $1.57 per share, but an adjusted EPS of $1.29, which is 9% higher than the first quarter of last year. The company saw strong performance in Reinforcement Materials and Performance Chemicals segments, driven by solid demand and strong pricing execution. Cabot also made progress in its Battery Materials segment and returned $40 million to shareholders through dividends and share repurchases.

Cabot Corporation reported solid fourth quarter results with year over year increases across all segments. The company's Battery Materials revenue doubled year over year and fiscal 2021 financial results were in line with expectations. Liquidity remained strong at approximately $1.3 billion, with a Net Debt to EBITDA ratio of 1.6 times as of September 30, 2021.

Cabot Corporation reported exceptional operating results with strong volumes and earnings growth for the third quarter of fiscal year 2021, driven by robust demand and successful implementation of price increases.

Cabot Corporation reported strong second quarter fiscal year 2021 results, with a diluted EPS of $1.30 and a record adjusted EPS of $1.38. The company's global footprint and operational agility, combined with strong demand in key end markets, drove year-over-year and sequential growth in core businesses.

Cabot Corporation reported strong first quarter fiscal year 2021 results with a strong GAAP EPS of $1.06 and a record adjusted EPS of $1.18. The company saw a strengthening recovery in its end markets, with improved demand trends, robust unit margins, and disciplined operational execution.

Cabot Corporation reported a net loss of $272 million, or $4.81 per share, for the fourth quarter of fiscal year 2020, compared to a net income of $33 million, or $0.55 per share, in the prior year's quarter. Adjusted EPS was $0.68, compared to $1.05 in the prior year's quarter. The results were impacted by the COVID-19 pandemic and certain items, including the loss on the sale and asset impairment related to the Purification Solutions agreements with ADES and tax certain items mainly associated with an increase in the valuation allowance associated with U.S. deferred tax assets.

Cabot Corporation reported a diluted loss per share of $0.12 and an adjusted EPS loss of $0.07 for the third quarter of fiscal year 2020. The results were significantly impacted by the COVID-19 pandemic, which led to lower demand across all segments. However, the company saw strong cash flow generation and maintained a strong liquidity position.

Cabot Corporation announced its second quarter of fiscal year 2020. GAAP EPS was a loss of $0.01 and Adjusted EPS was $0.77. The company completed the acquisition of Shenzhen Sanshun Nano on April 1, 2020.

Cabot Corporation's first quarter fiscal year 2020 results declined compared to the first quarter of fiscal year 2019, which included $10 million of EBIT from the Specialty Fluids business that was divested in the third quarter of last year. Performance Chemicals EBIT increased 14% due to strong volumes. The company finalized 2020 Reinforcement Materials customer negotiations and announced the acquisition of Shenzhen Sanshun Nano.