Every material Form 8-K Cabot has filed with the SEC since July 12, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Cabot reported fiscal fourth-quarter 2026 net sales of $1,009 million, up from $899 million, and diluted EPS of $1.25, up from $0.79. Adjusted EPS fell to $1.61 from $1.70, and full-year adjusted EPS fell to $6.42 from $7.25. The company guided fiscal 2027 Adjusted EPS to $6.15 to $6.75 and said Erica McLaughlin is taking over as CEO.
Q4 net sales $1,009 million vs. $899 million; diluted EPS $1.25 vs. $0.79; adjusted EPS $1.61 vs. $1.70
Reinforcement Materials Q4 EBIT fell $32 million to $87 million; Performance Chemicals Q4 EBIT rose $18 million to $60 million
Fiscal 2027 Adjusted EPS guidance of $6.15 to $6.75, compared with $6.42 for fiscal 2026
Erica McLaughlin is taking on the role of CEO; company signed a $50 million U.S. Department of Energy grant agreement for battery materials expansion
Cabot's board elected Vice President and Treasurer Steven J. Delahunt as Chief Financial Officer, effective October 1, 2026, on an interim basis. Erica McLaughlin, the current CFO, becomes President and Chief Executive Officer on the same date, succeeding Sean Keohane. The company is searching for a permanent CFO, and the filing contains no financial results.
Delahunt, who joined Cabot in 2010, serves as interim CFO effective October 1, 2026.
McLaughlin is elected President and CEO effective October 1, 2026, succeeding Sean Keohane.
Delahunt receives a monthly cash stipend of $35,000 while serving as interim CFO.
Delahunt was Vice President of Investor Relations from July 2016 through January 2026.
Cabot reported fiscal third-quarter 2026 net sales of $982 million, up from $923 million a year earlier, but diluted EPS fell to $0.12 from $1.86 after $1.55 per share of after-tax certain items, mainly restructuring and employee benefit plan termination charges. The company tightened its fiscal 2026 Adjusted EPS guidance to $6.15 to $6.45 from $6.00 to $6.50, and announced that Erica McLaughlin will succeed Sean Keohane as President and CEO effective October 1, 2026.
Third-quarter net sales rose to $982 million from $923 million; Adjusted EPS was $1.67 versus $1.90 a year earlier.
Net income attributable to Cabot was $6 million, down from $101 million, after $78 million of certain items in the quarter.
Fiscal 2026 Adjusted EPS guidance narrowed to $6.15 to $6.45 per share from $6.00 to $6.50.
Keohane will retire; McLaughlin is elected President, CEO and a Board member effective October 1, 2026.
Cabot Corporation said its President and CEO, Sean Keohane, will retire and leave the board effective September 30, 2026. Erica McLaughlin, the company's current CFO, will become President and CEO and join the board effective October 1, 2026, and the company has started a search for a new CFO.
Keohane remains a non-executive employee through December 31, 2026 under a transition agreement.
McLaughlin's base salary rises to $910,000 per year effective October 1, 2026.
Target short-term incentive for McLaughlin rises to 120% of base salary for performance periods beginning in fiscal 2027.
The filing does not report a financial result for the period; the change is a leadership succession.
Cabot Corporation entered into a $1.3 billion unsecured revolving credit agreement on May 12, 2026, maturing May 12, 2031, and used it to terminate its existing $1 billion and EUR 300 million revolving credit agreements, both scheduled to mature August 6, 2027. The filing does not report any drawn balance or change in debt levels, so the effect on shareholders is a larger, longer-dated credit line with covenants that include a leverage test.
New $1.3 billion unsecured revolver dated May 12, 2026, matures May 12, 2031, for general corporate purposes in multiple currencies
Margin of 0.68% to 1.20% over benchmark rates, depending on the Company's credit ratings
Leverage covenant caps net debt at 3.75 to 1.00 of trailing four-quarter EBITDA, rising to 4.25 to 1.00 after a material acquisition
Terminated the $1 billion revolver with JPMorgan Chase and the EUR 300 million revolver with PNC Bank, both scheduled to mature August 6, 2027
Cabot reported fiscal second-quarter 2026 results for the quarter ended March 31, 2026, with net sales of $904 million, down from $936 million a year earlier, and diluted EPS of $1.27 versus $1.69. The company reaffirmed its full-year fiscal 2026 Adjusted EPS guidance of $6.00 to $6.50 per share, and said it intends to close manufacturing operations in South America and Europe.
Net sales were $904 million versus $936 million a year earlier; net income attributable to Cabot was $68 million versus $94 million.
Adjusted EPS was $1.61 versus $1.90; Reinforcement Materials segment EBIT fell 29% to $93 million, while Performance Chemicals segment EBIT rose to $59 million.
Full-year fiscal 2026 Adjusted EPS guidance of $6.00 to $6.50 was reaffirmed, with the company citing uncertainty from the Middle East conflict.
The quarterly dividend rises 5%, lifting the annualized dividend from $1.80 to $1.89; expected annualized fixed cost savings from the asset actions are about $22 million once fully implemented.
Cabot reported fiscal first-quarter 2026 results for the quarter ended December 31, 2025. Net sales fell to $849 million from $955 million, net income attributable to Cabot fell to $73 million from $93 million, and diluted EPS fell to $1.37 from $1.67. The company narrowed its fiscal 2026 Adjusted EPS outlook to $6.00 to $6.50 per share, which is a lower-profit picture than the prior year's quarter for shareholders.
Adjusted EPS was $1.53 versus $1.76 a year earlier, down 13%; diluted EPS was $1.37 versus $1.67.
Reinforcement Materials segment EBIT fell 22% to $102 million on lower volumes, with Americas volumes down 15%.
Performance Chemicals segment EBIT rose 7% to $48 million on higher gross profit per ton.
Fiscal 2026 Adjusted EPS outlook narrowed to $6.00 to $6.50 per share; a multi-year supply agreement with PowerCo SE was signed during the quarter.
Cabot Corporation disclosed board changes tied to the 2026 Annual Meeting of Stockholders. Directors Juan Enriquez and William C. Kirby have terms that will expire at that meeting, and the Board has nominated Thierry Vanlancker for election with a term ending in 2029. The filing says the change is solely to rebalance the board into three classes of roughly equal size.
Juan Enriquez and William C. Kirby's board terms expire at the 2026 Annual Meeting.
Thierry Vanlancker submitted a conditional resignation on January 8, 2026, to be reappointed with a term expiring in 2029.
The filing states the reshuffle is solely to balance the three board classes at roughly equal size.
Cabot reported fiscal fourth-quarter 2025 net sales of $899 million, down from $1,001 million a year earlier, and diluted EPS of $0.79 versus $2.43. For the full fiscal year, adjusted EPS rose 3% to $7.25, but diluted EPS fell to $6.02 from $6.72 and net sales fell to $3.7 billion from $4.0 billion. The company expects fiscal 2026 adjusted EPS of $6.00 to $7.00, citing weak Reinforcement Materials demand and elevated Asian tire imports, which points to a lower range than fiscal 2025.
Q4 fiscal 2025 adjusted EPS was $1.70, down 6% from $1.80; diluted EPS was $0.79 versus $2.43
Full-year fiscal 2025 adjusted EPS was $7.25, up 3% from $7.06, while diluted EPS was $6.02 versus $6.72
Fiscal 2026 adjusted EPS outlook is $6.00 to $7.00; the company cites uncertain macroeconomic and trade conditions and competitive headwinds in Reinforcement Materials
Cabot announced an agreement to acquire Bridgestone Corporation's reinforcing carbons plant in Mexico
Cabot reported fiscal third-quarter 2025 results with diluted EPS of $1.86 and adjusted EPS of $1.90, both below the prior-year quarter, while net sales fell to $923 million from $1.016 billion. The company reaffirmed its fiscal 2025 adjusted EPS guidance of $7.15 to $7.50 but said that at current demand levels it expects to land in the middle to lower end of that range.
Diluted EPS was $1.86 versus $1.94 a year earlier; adjusted EPS was $1.90 versus $1.92, a 1% decrease
Net sales and other operating revenues were $923 million versus $1,016 million; net income attributable to Cabot was $101 million versus $109 million
Reinforcement Materials segment EBIT fell 6% to $128 million; Performance Chemicals segment EBIT rose 4% to $57 million
Fiscal 2025 adjusted EPS guidance of $7.15 to $7.50 was reaffirmed; management cited tariff uncertainty and weaker demand
Cabot Corporation said Executive Vice President and Reinforcement Materials President Hobart C. Kalkstein will step down from those roles effective June 15, 2025, and retire on January 5, 2026, and that Matthew Wood will succeed him as President, Reinforcement Materials Segment. Kalkstein has entered a transition agreement that extends the exercise period of his vested stock options and provides continued pay during a 12-month non-compete period, subject to conditions.
Hobart C. Kalkstein steps down as EVP and President, Reinforcement Materials Segment effective June 15, 2025, and retires January 5, 2026
Matthew Wood, previously VP of global marketing and strategy for Battery Materials, becomes Senior Vice President and President, Reinforcement Materials Segment
Transition agreement extends Kalkstein's vested option exercise period to the earlier of 36 months after termination or the original expiration date
Company will pay Kalkstein one-half of his base salary during the 12-month non-compete and non-solicitation period
Cabot reported fiscal second-quarter 2025 results for the period ended March 31, 2025. Adjusted EPS rose 7% year over year to $1.90 and diluted EPS was $1.69, but net sales fell to $936 million from $1,019 million, and the company revised its fiscal 2025 Adjusted EPS guidance to $7.15 to $7.50, citing expected lower customer demand in the second half.
Diluted EPS was $1.69 versus $1.49 a year earlier; Adjusted EPS was $1.90 versus $1.78.
Reinforcement Materials segment EBIT fell 12% to $131 million, while Performance Chemicals EBIT rose 61% to $50 million.
Fiscal 2025 Adjusted EPS guidance was revised to $7.15 to $7.50, and the quarterly dividend was raised 5% to $0.45 per share.
Cabot reported first-quarter fiscal 2025 results for the quarter ended December 31, 2024, with net income attributable to Cabot of $93 million, up from $50 million a year earlier. Net sales were $955 million, roughly flat against $958 million, while Adjusted EPS rose 13% to $1.76, and the company kept its fiscal 2025 Adjusted EPS outlook of $7.40 to $7.80.
Diluted EPS was $1.67 versus $0.88 a year earlier; Adjusted EPS was $1.76 versus $1.56.
Performance Chemicals segment EBIT rose 32% to $45 million; Reinforcement Materials EBIT rose 1% to $130 million.
Operating cash flow was $124 million, and the company returned $66 million to shareholders through dividends and share repurchases.
Fiscal 2025 Adjusted EPS outlook remains in the range of $7.40 to $7.80 and does not include recently announced tariffs.
Cabot reported fiscal fourth-quarter 2024 net sales of $1,001 million, up from $965 million a year earlier, and Adjusted EPS of $1.80, up from $1.65. GAAP diluted EPS fell to $2.43 from $4.10, and the company said its fourth-quarter results included a benefit from a lower operating tax rate. For fiscal 2025, Cabot expects Adjusted EPS of $7.40 to $7.80, compared with $7.06 in fiscal 2024.
Q4 net sales $1,001 million vs $965 million a year earlier; Q4 net income attributable to Cabot $137 million vs $234 million
Q4 Adjusted EPS $1.80 vs $1.65; GAAP diluted EPS $2.43 vs $4.10
Fiscal 2024 Adjusted EPS $7.06, up 31% from $5.38; fiscal 2025 Adjusted EPS outlook $7.40 to $7.80
Department of Energy selected Cabot for a $50 million award; final terms expected by January 2025; Investor Day set for December 4, 2024
Cabot reported third-quarter fiscal 2024 results on August 5, 2024, with adjusted EPS of $1.92, up 35% from $1.42, and net sales of $1,016 million, up from $968 million. The company raised its fiscal 2024 adjusted EPS guidance to $7.00 to $7.10 from $6.65 to $6.85, which points to higher expected profit for the full year.
Diluted EPS of $1.94 versus $1.43 a year earlier; adjusted EPS of $1.92 versus $1.42
Net sales and other operating revenues of $1,016 million versus $968 million in the same quarter last year
Fiscal 2024 adjusted EPS guidance raised to $7.00 to $7.10 from $6.65 to $6.85
Returned $73 million to shareholders in the quarter, including $24 million in dividends and $49 million in share repurchases
Cabot Corporation appointed Thierry Vanlancker as a non-employee director and member of the Audit Committee, both effective July 12, 2024. He previously served as Chief Executive Officer and a Director of AkzoNobel NV from 2017 to 2022, and his term runs to the 2025 Annual Meeting of Stockholders.
Vanlancker elected to the Board effective July 12, 2024, and appointed to the Audit Committee on the same date.
Received Cabot common stock valued at about $77,500, a prorated share of the $155,000 annual non-employee director stock grant.
Previously CEO and a Director of AkzoNobel NV from 2017 to 2022; Chairman of the Board of SIKA AG since March 2024.
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