Sector: Basic Materials | Industry: Specialty Chemicals |
See Regulatory Filings on SEC |
Company Contact | |
Address: | Two Seaport Lane Suite 1400 BOSTON MA 02210 |
Tel: | 1-617-3426255 |
Website: | https://www.cabotcorp.com |
IR: | See website |
Key People | ||
Sean D. Keohane President, Chief Executive Officer, Director | Erica J. Mclaughlin Chief Financial Officer, Executive Vice President, Head of Corporate Strategy | Hobart C. Kalkstein Executive Vice President, President - Reinforcement Materials Segment and Americas Region |
Jeff Zhu Executive Vice President, President - Performance Chemicals Segment and Asia Pacific Region | Karen A. Kalita Senior Vice President, General Counsel | Jane A. Bell Secretary |
Business Overview |
Cabot Corporation is a global specialty chemicals and performance materials company. The Company operates through two segments: Reinforcement Materials and Performance Chemicals. The Reinforcement Materials segment combines reinforcing carbons, engineered elastomer composites and EVOLVE Sustainable Solutions product. The reinforcing carbons products are used in tires and industrial products. In Performance Chemicals, it designs, manufacture and sell materials that deliver performance in a range of customer applications across the automotive, construction, infrastructure, inkjet printing, electronics, and consumer products sectors and in applications related to the generation, transmission and storage of energy. The Performance Chemicals segment combine specialty carbons, specialty compounds, battery materials, fumed metal oxides, aerogel and inkjet product lines. Its products include Carbon black, specialty carbons, battery materials, fumed silica, aerogel and inkjet colorants. |
Financial Overview |
For the three months ended 31 December 2023, Cabot Corp revenues decreased 1% to $958M. Net income applicable to common stockholders decreased 8% to $49M. Revenues reflect Unallocated and Other segment decrease of 11% to $32M, Reinforcement Materials segment decrease of less than 1% to $641M, Asia Pacific segment decrease of 5% to $380M, Other segment decrease of 11% to $32M. Net income also reflects Other income increase from $5M to $29M (expense). |
Employees: | 4,268 as of Sep 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $6,245M as of Dec 31, 2023 |
Annual revenue (TTM): | $3,924M as of Dec 31, 2023 |
EBITDA (TTM): | $772.00M as of Dec 31, 2023 |
Net annual income (TTM): | $433.00M as of Dec 31, 2023 |
Free cash flow (TTM): | $296.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,068M as of Dec 31, 2023 |
Shares outstanding: | 55,430,710 as of Feb 6, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |