Cabot Corporation (CBT) Key Metrics
CBT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $3.84B
- Enterprise value
- $5.09B
- P/E (TTM)
- 20.8 10-yr median 15.5
- Forward P/E
- 9.9
- PEG ratio
- 1.00
- Price / sales
- 1.1 10-yr median 1.1
- Price / book
- 2.5 10-yr median 3.0
- EV / EBITDA
- 7.6 10-yr median 8.6
- Dividend yield
- 2.49% $1.85 a year
- Beta
- 0.82
CBT key metrics, FY2016–FY2025
Fiscal year ended September 30, 2025 · U.S. dollarsCBT valuation Price multiples at each fiscal year-end price.
CBT returns How much profit the business earns on the capital it uses.
CBT per-share figures Results divided by the shares outstanding at year-end.
CBT financial health Debt, liquidity and how easily interest is covered.
CBT efficiency & capital use Working capital cycle and where the cash goes.
CBT valuation history
CBT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CBT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CBT cash returned to shareholders
CBT price vs earnings per share
CBT key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.12B | $6.23B | $3.91B | $3.64B | $2.85B | $2.04B | $2.66B | $3.87B | $3.50B | $3.30B |
| Enterprise value | $5.08B | $7.33B | $5.04B | $4.96B | $3.92B | $3.09B | $3.56B | $4.70B | $4.14B | $4.02B |
| P/E ratio | 12.5 | 16.4 | 8.8 | 17.4 | 11.4 | — | 17.0 | — | 14.5 | 22.1 |
| Price / sales | 1.1 | 1.6 | 1.0 | 0.8 | 0.8 | 0.8 | 0.8 | 1.2 | 1.3 | 1.4 |
| Price / book | 2.7 | 4.4 | 3.1 | 4.0 | 3.0 | 3.0 | 2.7 | 3.4 | 2.4 | 2.6 |
| Price / free cash flow | 10.5 | 13.8 | 11.2 | — | 45.9 | 11.5 | 19.5 | 55.3 | 18.1 | 12.0 |
| Price / operating cash flow | 6.2 | 9.0 | 6.6 | 36.4 | 11.1 | 5.4 | 7.4 | 12.9 | 10.3 | 8.5 |
| EV / sales | 1.4 | 1.8 | 1.3 | 1.1 | 1.2 | 1.2 | 1.1 | 1.4 | 1.5 | 1.7 |
| EV / EBITDA | 6.4 | 9.6 | 7.4 | 9.2 | 6.4 | 17.4 | 7.7 | 14.5 | 8.3 | 8.8 |
| EV / free cash flow | 13.0 | 16.3 | 14.3 | — | 63.3 | 17.5 | 26.0 | 67.1 | 21.5 | 14.7 |
| Earnings yield | 8.0% | 6.1% | 11.4% | 5.7% | 8.8% | −11.7% | 5.9% | −2.9% | 6.9% | 4.5% |
| Free cash flow yield | 9.5% | 7.2% | 9.0% | −3.1% | 2.2% | 8.7% | 5.1% | 1.8% | 5.5% | 8.3% |
| Dividend yield | 2.3% | 1.5% | 2.2% | 2.3% | 2.8% | 3.9% | 3.0% | 2.1% | 2.2% | 2.0% |
| Shareholder yield (dividends + buybacks) | 6.4% | 4.3% | 4.8% | 3.8% | 2.9% | 6.1% | 9.5% | 5.7% | 3.9% | 3.3% |
| Share price at fiscal year-end | $76.05 | $111.77 | $69.27 | $63.89 | $50.12 | $36.03 | $45.32 | $62.72 | $55.80 | $52.41 |
| Per share | ||||||||||
| Revenue per share | $68.51 | $71.71 | $69.58 | $75.94 | $60.02 | $46.18 | $56.75 | $52.54 | $43.33 | $38.33 |
| Earnings per share | $6.11 | $6.82 | $7.88 | $3.67 | $4.40 | −$4.20 | $2.67 | −$1.83 | $3.84 | $2.37 |
| Operating cash flow per share | $12.27 | $12.42 | $10.53 | $1.76 | $4.52 | $6.66 | $6.14 | $4.85 | $5.42 | $6.14 |
| Free cash flow per share | $7.21 | $8.10 | $6.21 | −$1.95 | $1.09 | $3.13 | $2.33 | $1.13 | $3.08 | $4.36 |
| Cash per share | $4.76 | $4.00 | $4.21 | $3.62 | $2.96 | $2.67 | $2.87 | $2.84 | $4.47 | $3.18 |
| Book value per share | $28.60 | $25.58 | $22.37 | $15.78 | $16.67 | $12.21 | $16.97 | $18.70 | $23.60 | $20.25 |
| Tangible book value per share | $25.11 | $22.24 | $18.94 | $12.41 | $12.45 | $8.02 | $13.81 | $15.61 | $18.96 | $15.61 |
| Dividends per share | $1.77 | $1.67 | $1.56 | $1.48 | $1.41 | $1.41 | $1.36 | $1.30 | $1.23 | $1.03 |
| Capex per share | $5.06 | $4.33 | $4.32 | $3.71 | $3.43 | $3.53 | $3.81 | $3.71 | $2.34 | $1.78 |
| Debt per share | $22.42 | $23.88 | $24.07 | $26.82 | $21.94 | $21.27 | $18.10 | $16.26 | $14.74 | $14.72 |
| Shares outstanding | 54.2M | 55.7M | 56.5M | 56.9M | 56.8M | 56.6M | 58.8M | 61.7M | 62.7M | 62.9M |
| Change in shares outstanding | −2.7% | −1.4% | −0.7% | +0.2% | +0.4% | −3.7% | −4.7% | −1.6% | −0.3% | −0.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 22.3% | 28.3% | 41.2% | 22.7% | 30.5% | −28.2% | 14.6% | −8.6% | 17.5% | 11.4% |
| Return on invested capital (ROIC) | 16.2% | 19.8% | 22.8% | 12.9% | 16.8% | 0.9% | 11.5% | 3.8% | 14.7% | 9.6% |
| Return on assets (ROA) | 8.8% | 10.4% | 12.5% | 6.1% | 8.2% | −8.2% | 5.0% | −3.4% | 7.4% | 4.8% |
| Return on tangible assets | 9.1% | 10.7% | 13.0% | 6.3% | 8.2% | −9.4% | 5.6% | −3.7% | 8.0% | 5.2% |
| Free cash flow margin | 10.5% | 11.3% | 8.9% | −2.6% | 1.8% | 6.8% | 4.1% | 2.2% | 7.1% | 11.4% |
| Income quality (OCF / net income) | 2.01 | 1.82 | 1.34 | 0.48 | 1.03 | — | 2.30 | — | 1.41 | 2.59 |
| Financial health | ||||||||||
| Total debt | $1.22B | $1.33B | $1.36B | $1.53B | $1.25B | $1.20B | $1.06B | $1.00B | $924.0M | $926.0M |
| Cash & short-term investments | $258.0M | $223.0M | $238.0M | $206.0M | $168.0M | $151.0M | $169.0M | $175.0M | $280.0M | $200.0M |
| Net debt | $957.0M | $1.11B | $1.12B | $1.32B | $1.08B | $1.05B | $895.0M | $828.0M | $644.0M | $726.0M |
| Debt / equity | 0.78 | 0.93 | 1.08 | 1.70 | 1.32 | 1.74 | 1.07 | 0.87 | 0.62 | 0.73 |
| Debt / assets | 0.32 | 0.36 | 0.38 | 0.43 | 0.38 | 0.43 | 0.35 | 0.31 | 0.28 | 0.29 |
| Net debt / EBITDA | 1.21 | 1.45 | 1.64 | 2.46 | 1.75 | 5.92 | 1.94 | 2.56 | 1.29 | 1.60 |
| Current ratio | 1.61 | 2.08 | 1.98 | 1.65 | 1.24 | 1.85 | 2.02 | 1.46 | 1.70 | 2.65 |
| Quick ratio | 1.08 | 1.36 | 1.27 | 1.05 | 0.79 | 1.17 | 1.24 | 0.92 | 1.17 | 1.82 |
| Interest coverage | 8.2 | 7.6 | 5.8 | 6.9 | 9.3 | 0.4 | 5.2 | 2.9 | 6.3 | 4.6 |
| Working capital | $582.0M | $833.0M | $804.0M | $715.0M | $278.0M | $449.0M | $611.0M | $434.0M | $521.0M | $695.0M |
| Invested capital | $2.51B | $2.53B | $2.39B | $2.22B | $2.02B | $1.74B | $1.89B | $1.98B | $2.12B | $2.00B |
| Tangible asset value | $1.52B | $1.40B | $1.21B | $840.0M | $850.0M | $577.0M | $948.0M | $1.09B | $1.31B | $1.08B |
| Net current asset value | −$571.0M | −$541.0M | −$571.0M | −$673.0M | −$791.0M | −$989.0M | −$660.0M | −$579.0M | −$449.0M | −$670.0M |
| Graham number | $62.69 | $62.67 | $62.96 | $36.12 | $40.63 | — | $31.93 | — | $45.18 | $32.86 |
| Graham net-net per share | −$20.24 | −$19.70 | −$20.27 | −$23.34 | −$22.94 | −$23.37 | −$18.21 | −$17.13 | −$13.36 | −$17.01 |
| Capital allocation | ||||||||||
| Dividends paid | $96.0M | $93.0M | $88.0M | $84.0M | $80.0M | $80.0M | $80.0M | $80.0M | $77.0M | $65.0M |
| Share buybacks (net) | $168.0M | $172.0M | $98.0M | $53.0M | $3.0M | $44.0M | $173.0M | $142.0M | $61.0M | $45.0M |
| Dividend payout ratio | 29.0% | 24.5% | 19.8% | 40.2% | 32.0% | — | 51.0% | — | 32.0% | 43.6% |
| Dividends + buybacks / free cash flow | 67.5% | 58.8% | 53.0% | — | 133.9% | 70.1% | 184.7% | 317.1% | 71.5% | 40.1% |
| Capex / revenue | 7.4% | 6.0% | 6.2% | 4.9% | 5.7% | 7.7% | 6.7% | 7.1% | 5.4% | 4.6% |
| Capex / operating cash flow | 41.2% | 34.8% | 41.0% | 211.0% | 75.9% | 53.1% | 62.0% | 76.6% | 43.2% | 29.0% |
| Capex / depreciation | 1.78 | 1.60 | 1.69 | 1.45 | 1.22 | 1.27 | 1.51 | 1.54 | 0.95 | 0.70 |
| Stock-based compensation / revenue | 0.6% | 0.6% | 0.5% | 0.5% | 0.6% | 0.3% | 0.3% | 0.7% | 0.6% | 0.7% |
| R&D / revenue | 1.6% | 1.6% | 1.5% | 1.3% | 1.6% | 2.2% | 1.8% | 2.0% | 2.1% | 2.2% |
| SG&A / revenue | 7.0% | 7.1% | 6.4% | 6.0% | 8.5% | 11.2% | 8.7% | 9.4% | 9.6% | 11.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 69.0 | 65.3 | 71.1 | 62.6 | 56.9 | 66.2 | 63.8 | 65.5 | 66.0 | 70.6 |
| Days of inventory on hand | 69.5 | 68.4 | 73.7 | 63.0 | 61.7 | 71.2 | 67.2 | 67.3 | 65.8 | 74.2 |
| Days payables outstanding | 62.8 | 56.1 | 57.3 | 53.8 | 55.7 | 60.9 | 57.5 | 58.2 | 52.8 | 64.6 |
| Cash conversion cycle (days) | 75.7 | 77.5 | 87.5 | 71.8 | 62.9 | 76.5 | 73.5 | 74.6 | 78.9 | 80.2 |
| Receivables turnover | 5.29 | 5.59 | 5.14 | 5.84 | 6.41 | 5.51 | 5.72 | 5.57 | 5.53 | 5.17 |
| Payables turnover | 5.81 | 6.50 | 6.37 | 6.78 | 6.56 | 5.99 | 6.34 | 6.27 | 6.91 | 5.65 |
| Inventory turnover | 5.25 | 5.34 | 4.95 | 5.79 | 5.92 | 5.12 | 5.43 | 5.43 | 5.55 | 4.92 |
| Asset turnover | 0.98 | 1.09 | 1.10 | 1.27 | 1.12 | 0.90 | 1.07 | 0.99 | 0.84 | 0.77 |
| Average receivables | $702.0M | $714.0M | $765.5M | $740.5M | $531.5M | $474.0M | $583.5M | $582.0M | $491.5M | $466.5M |
| Average payables | $477.0M | $466.5M | $485.5M | $506.5M | $398.0M | $353.0M | $418.0M | $392.5M | $299.0M | $324.5M |
| Average inventory | $528.0M | $568.5M | $624.5M | $593.5M | $441.0M | $412.5M | $488.5M | $453.5M | $372.0M | $372.5M |
| Intangibles / total assets | 5.0% | 5.0% | 5.4% | 5.4% | 7.3% | 8.5% | 6.2% | 5.9% | 8.8% | 9.2% |
Computed from CBT's annual financial statements (latest annual report filed November 24, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CBT valuation and financial ratios
At the end of fiscal 2025 (September 30, 2025), Cabot traded at 12.5 times earnings, against a 10-year median of 15.5. Based on the latest twelve months, the trailing P/E is 20.8 and the forward P/E is 9.9. Cabot earned a return on equity of 22.3% and a return on invested capital of 16.2% in fiscal 2025. It ended the year with $1.2 billion of debt and $258.0 million in cash and short-term investments, net debt of $957.0 million. It returned $264.0 million to shareholders: $96.0 million in dividends and $168.0 million in share buybacks, 68% of free cash flow. The share count fell 13.8% from 62.9M to 54.2M over 9 years.
See the CBT income statement, the CBT chart for price history, or the CBT stock overview for the latest quote and news.
CBT key metrics FAQ
What is Cabot's P/E ratio?
Cabot's trailing P/E ratio is 20.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 9.9. At the end of fiscal 2025 it was 12.5, compared with a 10-year median of 15.5.
What is Cabot's EV/EBITDA?
Cabot's enterprise value was 6.4 times EBITDA at the end of fiscal 2025 (enterprise value $5.1 billion, EBITDA $794.0 million); the current EV/EBITDA is 7.6.
What is Cabot's return on equity?
Cabot's return on equity (ROE) was 22.3% in fiscal 2025: net income of $331.0 million on average shareholders' equity of $1.5 billion.
What is Cabot's ROIC?
Cabot's return on invested capital was 16.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Cabot have?
Cabot had total debt of $1.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.78 and $957.0 million of net debt (1.21 times EBITDA).
What is Cabot's dividend yield?
Cabot's forward dividend yield is 2.49%. Cabot paid $96.0 million in dividends in fiscal 2025 ($1.77 per share), a payout ratio of 29.0%.
Does Cabot buy back its shares?
Yes. Cabot spent $168.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −2.7% over the year, to 54.2M..
What is Cabot's free cash flow yield?
Cabot generated $391.0 million of free cash flow in fiscal 2025, a free cash flow yield of 9.5% on its market value at year-end ($4.1 billion).
What is Cabot's current ratio?
Cabot's current ratio was 1.61 at the end of fiscal 2025: current assets were 1.61 times current liabilities.