PureCycle Technologies, Inc. (PCT) 10-Year Financial Performance & Capital Metrics

PCT • • Industrial / General

IndustrialsEnvironmental ServicesWaste Management & RecyclingPlastic Recycling Technologies

AboutPureCycle Technologies, Inc. produces recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled resin. Its recycling process separates color, odor, and other contaminants from plastic waste feedstock to transform it into virgin-like resin. The company was founded in 2015 and is headquartered in Orlando, Florida.Show more

Revenue $0
EBITDA -$111M -13.0%
Net Income -$289M -184.3%
EPS (Diluted) -1.76 -183.9%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -96.27% -340.6%
ROIC -14.97% -39.1%
Debt/Equity 2.22 +71.9%
Interest Coverage -2.56 +29.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

✗High debt to equity ratio of 2.2x
✗Weak Piotroski F-Score: 2/9
✗Trading more than 30% below 52-week high
✗Expensive at 10.1x book value
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM8.12%

EPS CAGR

10Y-

5Y-

3Y-

TTM2.63%

ROCE

10Y Avg-25.11%

5Y Avg-14.73%

3Y Avg-13.67%

Latest-17.19%

Peer Comparison

Plastic Recycling Technologies

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
PCTPureCycle Technologies, Inc.	2B	11.11	-6.31		-40.36%	-334.89%		2.22

Profit & Loss

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	0	0	0	0	0	0
Revenue Growth %	-	-	-	-	-	-	-
Cost of Goods Sold+	1.22M	5.97M	8.6M	10.55M	26.56M	18.86M	34.71M
COGS % of Revenue	-	-	-	-	-	-	-
Gross Profit+	-1.22M	-5.97M	-8.6M	-10.55M	-26.56M	-18.86M	-34.71M
Gross Margin %	-	-	-	-	-	-	-
Gross Profit Growth %	-	-3.88%	-0.44%	-0.23%	-1.52%	0.29%	-0.84%
Operating Expenses+	2.88M	12M	28.62M	59.03M	54.76M	95.04M	110.67M
OpEx % of Revenue	-	-	-	-	-	-	-
Selling, General & Admin	2.1M	11.48M	27.97M	57.62M	76.97M	107.29M	138.95M
SG&A % of Revenue	-	-	-	-	-	-	-
Research & Development	786.23K	526.13K	648K	1.41M	1.09M	6.61M	3.38M
R&D % of Revenue	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	-23.3M	-18.86M	-31.65M
Operating Income+	-4.11M	-17.97M	-37.22M	-69.58M	-81.32M	-113.9M	-145.38M
Operating Margin %	-	-	-	-	-	-	-
Operating Income Growth %	-	-3.38%	-1.07%	-0.87%	-0.17%	-0.4%	-0.28%
EBITDA+	0	-17.07M	-35.33M	-67.3M	-76.11M	-97.97M	-110.67M
EBITDA Margin %	-	-	-	-	-	-	-
EBITDA Growth %	-	-	-1.07%	-0.91%	-0.13%	-0.29%	-0.13%
D&A (Non-Cash Add-back)	4.11M	900.44K	1.9M	2.28M	5.21M	15.94M	34.71M
EBIT	-4.11M	-17.97M	-48.89M	-69.58M	-84.75M	-113.9M	-232.37M
Net Interest Income+	0	-1.01M	-7.95M	-6.65M	0	-27.61M	-51.66M
Interest Income	0	1.01K	3.22K	6.65K	2.64M	3.76M	5.19M
Interest Expense	0	1.01M	7.95M	6.65M	2.64M	31.37M	56.85M
Other Income/Expense	0	-1.34M	-15.77M	-7.92M	-3.43M	12.84M	-143.83M
Pretax Income+	-4.11M	-19.31M	-52.99M	-77.5M	-84.75M	-101.06M	-289.21M
Pretax Margin %	-	-	-	-	-	-	-
Income Tax+	0	0	0	0	0	650K	-79K
Effective Tax Rate %	1%	1.04%	1%	1%	1%	1.01%	1%
Net Income+	-4.11M	-20M	-52.99M	-77.5M	-84.75M	-101.72M	-289.14M
Net Margin %	-	-	-	-	-	-	-
Net Income Growth %	-	-3.87%	-1.65%	-0.46%	-0.09%	-0.2%	-1.84%
Net Income (Continuing)	-4.11M	-19.31M	-52.99M	-77.5M	-84.75M	-101.72M	-289.14M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0
EPS (Diluted)+	-0.03	-0.17	-1.96	-0.75	-0.54	-0.62	-1.76
EPS Growth %	-	-3.9%	-10.53%	0.62%	0.28%	-0.15%	-1.84%
EPS (Basic)	-0.03	-0.17	-1.96	-0.75	-0.54	-0.62	-1.82
Diluted Shares Outstanding	118.32M	118.32M	28.73M	102.91M	155.96M	164.01M	164.11M
Basic Shares Outstanding	118.32M	118.32M	28.73M	102.91M	155.96M	163.87M	159.19M
Dividend Payout Ratio	-	-	-	-	-	-	-

Balance Sheet

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	678.38K	2.87M	64.94M	345.35M	236.22M	162.65M	53.9M
Cash & Short-Term Investments	100.81K	150.05K	64.49M	200.78M	162.48M	121.64M	15.68M
Cash Only	100.81K	150.05K	64.49M	33.42M	63.89M	73.41M	15.68M
Short-Term Investments	0	0	0	167.37M	98.59M	48.23M	0
Accounts Receivable	0	0	78K	0	0	0	0
Days Sales Outstanding	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	7.09M	8.09M
Days Inventory Outstanding	-	-	-	-	-	137.25	85.05
Other Current Assets	321.88K	615.9K	261.56K	141.85M	73.73M	18.6M	30.13M
Total Non-Current Assets+	25.06M	30.41M	343.04M	319.33M	625.12M	876.73M	744.49M
Property, Plant & Equipment	25.06M	30.41M	74.07M	225.21M	524.86M	668.54M	730.91M
Fixed Asset Turnover	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0
Long-Term Investments	0	0	266.08M	0	0	0	9.17M
Other Non-Current Assets	0	0	2.89M	94.12M	100.26M	208.18M	4.4M
Total Assets+	25.74M	33.28M	407.98M	664.68M	861.34M	1.04B	798.38M
Asset Turnover	-	-	-	-	-	-	-
Asset Growth %	-	0.29%	11.26%	0.63%	0.3%	0.21%	-0.23%
Total Current Liabilities+	4.9M	10.49M	33.08M	38.46M	38.3M	55.61M	90.88M
Accounts Payable	4.81M	2.36M	1.06M	1.4M	1.67M	2.88M	6.6M
Days Payables Outstanding	1.44K	144.66	44.89	48.45	22.91	55.76	69.37
Short-Term Debt	0	6.9M	122K	0	0	9.15M	23.29M
Deferred Revenue (Current)	0	0	0	0	0	0	1000K
Other Current Liabilities	0	0	31.89M	0	2.19M	0	55.99M
Current Ratio	0.14x	0.27x	1.96x	8.98x	6.17x	2.92x	0.59x
Quick Ratio	0.14x	0.27x	1.96x	8.98x	6.17x	2.80x	0.50x
Cash Conversion Cycle	-	-	-	-	-	-	-
Total Non-Current Liabilities+	14.64M	20.41M	263.15M	244.69M	312.15M	563.53M	527.06M
Long-Term Debt	14.64M	13M	262.15M	232.51M	233.51M	507.4M	323.36M
Capital Lease Obligations	0	0	0	0	16.62M	27.25M	54.66M
Deferred Tax Liabilities	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	7.41M	1M	7.18M	57.02M	23.87M	144.04M
Total Liabilities	19.54M	30.9M	296.23M	283.15M	350.45M	619.14M	617.94M
Total Debt+	14.64M	19.9M	262.27M	232.51M	250.13M	543.8M	401.31M
Net Debt	14.54M	19.75M	197.78M	199.09M	186.24M	470.39M	385.63M
Debt / Equity	2.36x	8.36x	2.35x	0.61x	0.49x	1.29x	2.22x
Debt / EBITDA	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-
Interest Coverage	-	-17.75x	-4.68x	-10.46x	-30.79x	-3.63x	-2.56x
Total Equity+	6.19M	2.38M	111.75M	381.54M	510.88M	420.24M	180.45M
Equity Growth %	-	-0.62%	45.95%	2.41%	0.34%	-0.18%	-0.57%
Book Value per Share	0.05	0.02	3.89	3.71	3.28	2.56	1.10
Total Shareholders' Equity	6.19M	2.38M	111.75M	381.54M	510.88M	420.24M	180.45M
Common Stock	387.19K	387.19K	38K	128K	164K	164K	174K
Retained Earnings	-8.41M	-27.72M	-80.71M	-157.78M	-242.53M	-344.24M	-633.38M
Treasury Stock	-8.43M	0	0	0	0	0	0
Accumulated OCI	24.49K	0	0	-237K	-641K	-32K	78K
Minority Interest	0	0	0	0	0	0	0

Cash Flow

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-5.43M	-6.31M	-17.95M	-54.51M	-65.48M	-94.91M	-144.83M
Operating CF Margin %	-	-	-	-	-	-	-
Operating CF Growth %	-	-0.16%	-1.84%	-2.04%	-0.2%	-0.45%	-0.53%
Net Income	-4.11M	-19.31M	-52.99M	-77.5M	-84.75M	-101.72M	-289.14M
Depreciation & Amortization	0	900.44K	1.9M	2.28M	5.21M	18.86M	34.71M
Stock-Based Compensation	24.49K	4.05M	5.63M	22.64M	10.84M	11.83M	11.65M
Deferred Taxes	0	0	0	0	0	650K	-79K
Other Non-Cash Items	32.88K	6.74M	12.97M	4.8M	6.41M	-29.74M	107.97M
Working Capital Changes	-1.38M	1.31M	14.55M	-6.72M	-3.19M	5.21M	-9.95M
Change in Receivables	0	0	0	0	0	0	0
Change in Inventory	0	0	0	0	-265K	-4.48M	-3.29M
Change in Payables	-1.35M	1.03M	234K	-293K	85K	418K	4.78M
Cash from Investing+	-11.12M	-5.88M	-29.81M	-305.57M	-218.39M	-102.1M	-7.01M
Capital Expenditures	-11.12M	-5.99M	-29.81M	-137.39M	-287.19M	-153.9M	-55.58M
CapEx % of Revenue	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	0	110K	0	0	0	0	0
Cash from Financing+	16.65M	12.25M	378.19M	293.37M	247.53M	272M	-109.17M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	1.19M	-249.44K	-14.31M	-4.39M	43.1M	-11.14M	26M
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	-16.55M	-12.31M	-47.77M	-191.9M	-352.67M	-248.81M	-200.41M
FCF Margin %	-	-	-	-	-	-	-
FCF Growth %	-	0.26%	-2.88%	-3.02%	-0.84%	0.29%	0.19%
FCF per Share	-0.14	-0.10	-1.66	-1.86	-2.26	-1.52	-1.22
FCF Conversion (FCF/Net Income)	1.32x	0.32x	0.34x	0.70x	0.77x	0.93x	0.50x
Interest Paid	0	0	2.14M	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-66.28%	-466.41%	-92.86%	-31.42%	-18.99%	-21.85%	-96.27%
Return on Invested Capital (ROIC)	-	-62.88%	-16.83%	-11.72%	-9.55%	-10.76%	-14.97%
Debt / Equity	2.36x	8.36x	2.35x	0.61x	0.49x	1.29x	2.22x
Interest Coverage	-	-17.75x	-4.68x	-10.46x	-30.79x	-3.63x	-2.56x
FCF Conversion	1.32x	0.32x	0.34x	0.70x	0.77x	0.93x	0.50x

Frequently Asked Questions

Growth & Financials

PureCycle Technologies, Inc. (PCT) reported $5.7M in revenue for fiscal year 2024.

PureCycle Technologies, Inc. (PCT) grew revenue by 0.0% over the past year. Growth has been modest.

PureCycle Technologies, Inc. (PCT) reported a net loss of $228.5M for fiscal year 2024.

Dividend & Returns

PureCycle Technologies, Inc. (PCT) has a return on equity (ROE) of -96.3%. Negative ROE indicates the company is unprofitable.

PureCycle Technologies, Inc. (PCT) had negative free cash flow of $195.0M in fiscal year 2024, likely due to heavy capital investments.

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