PureCycle Technologies, Inc. (PCT)

PureCycle Technologies, Inc. engages in the production of recycled polypropylene (PP) in Thailand. The company holds a license for restoring waste PP into ultra-pure recycled PP resin, PureFive, which has various applications, including packaging and labeling for consumer products, textiles, and plastic parts for various industries. Its recycling process separates color, odor, other plastics, and additives through a physical separation process. The company was founded in 2015 and is headquartered in Orlando, Florida.

Symbol
PCT
Exchange
Nasdaq
Sector
Industrials
Industry
Pollution & Treatment Controls
Market cap
$1.12B
52 week range
4.93 - 15.49

Valuation

Share price
$5.15 (close of 2026-09-23)
P/E (TTM)
-4.20x
Price to book
72.45x
Price to free cash flow
-5.29x
Enterprise value
$1.46B
Book value per share
$0.08

Price performance

PeriodChange
1 day-9.17%
5 days-7.71%
1 month-24.26%
3 months-37.88%
6 months-12.56%
Year to date-40.05%
1 year-62.95%
3 years-16.67%
5 years-64.87%
All time-49.51%

Profitability and growth

Return on equity
-397.86%
Return on invested capital
-58.85%
Return on assets
-19.79%
Return on capital employed
-21.73%
Net margin
-2185.10%
EBITDA margin
-1823.05%
Revenue growth
0.00%
Net income growth
36.86%
Free cash flow growth
8.39%

Cash flow and balance sheet

Free cash flow yield (TTM)
-18.90%
Current ratio
2.60x
Net debt to EBITDA
-2.69x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$8.36M
EBITDA
$-152.32M
Net income
$-182.56M
Earnings per share
$-1.08
Research and development
$5.92M
Shares outstanding
179.33M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$8.36M$-182.56M$-1.08
2024-12-31-$-289.14M$-1.75
2023-12-31-$-101.72M$-0.62
2022-12-31-$-84.75M$-0.54
2021-12-31-$-77.50M$-0.75
2020-12-31-$-52.99M$-1.96

Margins and returns by year

Period endNet marginReturn on equityReturn on capital
2025-12-31-2185.10%-397.86%-58.85%
2024-12-31--160.23%-25.53%
2023-12-31--24.20%-12.79%
2022-12-31--16.59%-
2021-12-31--20.31%-
2020-12-31--47.42%-

Cash and debt by year

Period endCashDebt
2025-12-31$156.69M-
2024-12-31$15.68M-
2023-12-31$73.41M-
2022-12-31$63.89M$233.51M
2021-12-31$33.42M$232.51M
2020-12-31$64.49M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$-183.59M$14.94M
2024-12-31$-200.41M$11.65M
2023-12-31$-248.81M$11.83M
2022-12-31$-352.67M$10.84M
2021-12-31$-191.90M$22.64M
2020-12-31$-47.77M$5.63M

Investor relations

Next earnings report

Next confirmed report
2026-11-05

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026-
2026-05-06--
2026-02-26--
2025-11-06--
2025-08-07--
2025-05-07--
2025-02-27--
2024-11-15--

Filings and sources

Company website
purecycle.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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