NGVT - Ingevity Corporation
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$76.67
DETAILS
HIGH:
$83.00
LOW:
$65.00
MEDIAN:
$82.00
CONSENSUS:
$76.67
UPSIDE:
5.11%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 1,167.6 | 1,406.4 | 1,692.1 | 1,668.3 | 1,391.5 | 1,216.1 | 1,292.9 | 1,133.6 | 972.4 | 908.3 | 968 | 1,041 | 980 | 939 |
| Cost of Revenue | 706.1 | 951.7 | 1,220.2 | 1,098.2 | 878.7 | 750.6 | 810.9 | 716.8 | 643.4 | 633.9 | 687 | 718 | 685 | 642 |
| Gross Profit | 461.5 | 454.7 | 471.9 | 570.1 | 512.8 | 465.5 | 482 | 416.8 | 329 | 274.4 | 281 | 323 | 295 | 297 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 28.4 | 28.1 | 31.8 | 30.3 | 26.3 | 22.6 | 19.7 | 21.5 | 19.8 | 7.6 | 6.9 | 8 | 11 | 9 |
| SG&A Expenses | 171.2 | 166.7 | 183.7 | 198.8 | 179.3 | 149.4 | 163.1 | 132.4 | 106.4 | 114 | 114 | 112 | 103 | 95 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 293.5 | 0 | (1) | (0.5) | 3.2 | 10 | 4 | 5 | (1) |
| Operating Expenses | 199.6 | 194.8 | 215.5 | 229.1 | 205.6 | 465.5 | 182.8 | 153.9 | 126.2 | 114 | 114 | 112 | 103 | 95 |
| Operating Income | ||||||||||||||
| Operating Income | 261.9 | 259.9 | 256.4 | 341 | 307.2 | 0 | 327.9 | 262.9 | 202.8 | 160.4 | 167 | 211 | 192 | 202 |
| Interest Expense | 77.1 | 97.8 | 93.3 | 61.8 | 51.7 | 47.1 | 55.8 | 33.2 | 18.1 | 19.3 | 20.1 | 16.4 | 13 | 12 |
| Interest Income | 4.4 | 6.9 | 6.3 | 5.8 | 4 | 4.9 | 8.9 | 3.4 | 2.3 | 1.4 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||
| EBITDA | 37.4 | (329.5) | 206 | 440.2 | 324.4 | 382.4 | 412.9 | 319.8 | 243.1 | 199.2 | 199.9 | 252 | 230 | 233 |
| EBIT | (69) | (437.8) | 83.2 | 331.4 | 214.5 | 282.2 | 283.7 | 262.8 | 202.7 | 160.4 | 165.3 | 219 | 192 | 201 |
| Income Before Tax | (142.1) | (535.6) | (10.1) | 269.6 | 162.8 | 235.1 | 227.9 | 221.8 | 174.8 | 87 | 138 | 203 | 184 | 189 |
| Income Tax Expense | 8.2 | (105.3) | (4.7) | 58 | 44.7 | 53.7 | 44.2 | 40 | 29.8 | 42.6 | 53 | 70 | 66 | 67 |
| Net Income | (167.1) | (430.3) | (5.4) | 211.6 | 118.1 | 181.4 | 183.7 | 169.1 | 126.3 | 35.2 | 80 | 129 | 119 | 119 |
| Per Share Data | ||||||||||||||
| EPS (Basic) | -4.61 | -11.85 | -0.15 | 5.54 | 2.97 | 4.39 | 4.39 | 4.03 | 3.00 | 0.83 | 1.89 | 3.07 | 2.83 | 2.83 |
| EPS (Diluted) | -4.61 | -11.85 | -0.15 | 5.50 | 2.95 | 4.37 | 4.35 | 3.97 | 2.97 | 0.83 | 1.89 | 3.07 | 2.83 | 2.83 |
| Shares Outstanding | 36.2 | 36.3 | 36.5 | 38.5 | 39.8 | 41.3 | 41.8 | 42 | 42.1 | 42.1 | 42.1 | 42.1 | 42.1 | 42.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||
| Cash & Cash Equivalents | 78.1 | 68 | 95.9 | 76.7 | 275.4 | 257.7 | 56.5 | 77.5 | 87.9 | 30.5 | 32 | 20 | 12 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 127.2 | 172 | 211 | 249.3 | 191.4 | 166.7 | 156.2 | 124 | 102.4 | 95.4 | 95.2 | 115 | 107 |
| Inventory | 186 | 226.8 | 308.8 | 335 | 241.2 | 189 | 212.5 | 191.4 | 160 | 151.2 | 151 | 130 | 103 |
| Other Current Assets | 0 | 18.2 | 33.4 | 12.5 | 7.1 | 6.8 | 34.6 | 26.6 | 16.9 | 21.4 | 17.5 | 11 | 6 |
| Total Current Assets | 391.3 | 493.2 | 658.6 | 683.3 | 724.9 | 628.7 | 463.2 | 422.7 | 369.3 | 295.2 | 299 | 271 | 228 |
| Non-Current Assets | |||||||||||||
| Property, Plant & Equipment | 608.1 | 709.3 | 829.3 | 855.2 | 772.1 | 752.7 | 664.7 | 523.8 | 438.5 | 422.7 | 438 | 410 | 326 |
| Goodwill | 4.3 | 175.2 | 527.5 | 518.5 | 442 | 445.3 | 439 | 130.7 | 12.4 | 12.4 | 12 | 13 | 13 |
| Intangible Assets | 176.1 | 323.9 | 385.3 | 455.8 | 378.7 | 397.3 | 396.2 | 125.6 | 23.4 | 18.1 | 21 | 13 | 16 |
| Long-Term Investments | 83.1 | 87.3 | 99.2 | 109.8 | 35.3 | 0 | 72.6 | 71.2 | 71.3 | 69.7 | 0 | 0 | 0 |
| Other Non-Current Assets | (117) | 115.2 | 111.8 | 108.2 | 109.2 | 102.4 | 103.7 | 38.3 | 12 | 11.3 | 12 | 11 | 10 |
| Total Non-Current Assets | 871.6 | 1,528.8 | 1,964.7 | 2,053.2 | 1,744.1 | 1,705.8 | 1,681.2 | 892.5 | 561 | 537.6 | 483 | 447 | 365 |
| Total Assets | 1,651.1 | 2,022.6 | 2,623.3 | 2,736.5 | 2,469 | 2,334.5 | 2,144.4 | 1,315.2 | 930.3 | 832.8 | 782 | 718 | 593 |
| Current Liabilities | |||||||||||||
| Account Payables | 92 | 94.5 | 158.4 | 174.8 | 125.8 | 104.2 | 99.1 | 92.9 | 83.1 | 79.2 | 64.8 | 105 | 72 |
| Short-Term Debt | 47.1 | 61.3 | 84.4 | 0.9 | 19.6 | 26 | 39.6 | 11.2 | 9.4 | 7.5 | 9.4 | 3 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | (6.3) | 25.5 | 10.6 | 11.8 | 0 | (3) | 0 |
| Other Current Liabilities | 14.7 | 0.5 | 15.1 | 6.9 | 1.1 | 1.1 | 16.2 | 37.2 | 21.5 | 24.6 | 14.8 | 1 | 1 |
| Total Current Liabilities | 341.3 | 264.1 | 362.9 | 303.5 | 268.9 | 223.4 | 215.5 | 183.3 | 154 | 136.9 | 97 | 139 | 106 |
| Non-Current Liabilities | |||||||||||||
| Long-Term Debt | 1,063.8 | 1,240.8 | 1,382.8 | 1,472.5 | 1,250 | 1,267.4 | 1,148.4 | 741.2 | 444 | 481.3 | 80 | 86 | 86 |
| Deferred Tax Liabilities | 57.3 | 56.2 | 70.9 | 106.5 | 114.6 | 117 | 103 | 37.2 | 41.3 | 69.8 | 76 | 67 | 63 |
| Other Non-Current Liabilities | 39 | 130.6 | 126.7 | 114.9 | 125.5 | 49.9 | 109.9 | (59.1) | (66.8) | (69.8) | 1.5 | (80) | 10 |
| Total Non-Current Liabilities | 1,280.1 | 1,563.3 | 1,629 | 1,734.7 | 1,526.3 | 1,469 | 1,398.1 | 792.3 | 498.6 | 561.3 | 163 | 159 | 159 |
| Total Liabilities | 1,621.4 | 1,827.4 | 1,991.9 | 2,038.2 | 1,795.2 | 1,692.4 | 1,613.6 | 975.6 | 652.6 | 698.2 | 260 | 298 | 265 |
| Stockholders' Equity | |||||||||||||
| Common Stock | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 530.1 | 424 | 326 |
| Retained Earnings | 404.9 | 572 | 1,002.3 | 1,007.7 | 796.1 | 678 | 497.2 | 313.5 | 142.8 | 16 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0.5 | (41.4) | (26.7) | (46.8) | 13.1 | 4.7 | (5) | (17.7) | (11.7) | (19) | (17) | (7) | (421) |
| Total Stockholders' Equity | 29.7 | 195.2 | 631.4 | 698.3 | 673.8 | 642.1 | 530.8 | 339.6 | 277.7 | 134.6 | 517 | 417 | 326 |
| Total Liabilities & Equity | 1,651.1 | 2,022.6 | 2,623.3 | 2,736.5 | 2,469 | 2,334.5 | 2,144.4 | 1,315.2 | 930.3 | 832.8 | 782 | 718 | 593 |
| Debt Metrics | |||||||||||||
| Total Debt | 1,242.7 | 1,454.7 | 1,534.5 | 1,530.7 | 1,323.2 | 1,344.3 | 1,228.4 | 741.2 | 444 | 481.3 | 89 | 89 | 86 |
| Net Debt | 1,164.6 | 1,386.7 | 1,438.6 | 1,454 | 1,047.8 | 1,086.6 | 1,171.9 | 663.7 | 356.1 | 450.8 | 57 | 69 | 74 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Net Income | (150.3) | (430.3) | (5.4) | 211.6 | 118.1 | 181.4 | 183.7 | 181.8 | 145.2 | 44.4 | 85 | 133 | 118 | 122 |
| Depreciation & Amortization | 106.4 | 108.3 | 122.8 | 108.8 | 109.9 | 100.2 | 85 | 57 | 40.4 | 38.8 | 35 | 33 | 33 | 32 |
| Stock-Based Compensation | 18.3 | 11.9 | 10.6 | 16.1 | 12.3 | 8.4 | 12.3 | 12.5 | 10.1 | 4.7 | 2.3 | 1.4 | 1 | 1 |
| Change in Working Capital | 15 | (0.2) | (140.7) | (66.5) | 30.5 | 11.8 | (33.2) | (9.7) | (3.3) | 13.8 | (61) | (23) | (27) | (30) |
| Other Non-Cash Items | 346.5 | 560.3 | 262.5 | 48.4 | 27.1 | 34.4 | 13.1 | 9.5 | 7.6 | 34.1 | 9 | (4) | 10 | (1) |
| Operating Cash Flow | 331.2 | 128.6 | 205.1 | 313.4 | 293.3 | 352.4 | 275.7 | 252 | 174.3 | 127.9 | 73 | 143 | 137 | 126 |
| Investing Activities | ||||||||||||||
| Capital Expenditure | (57.7) | (77.6) | (109.8) | (142.5) | (103.8) | (105.9) | (114.8) | (93.9) | (52.6) | (56.7) | (102) | (101) | (63) | (40) |
| Acquisitions | 0 | 0 | 0 | (344.5) | 0 | 0 | (537.9) | (315.5) | 0 | 0 | 11 | 0 | 0 | (7) |
| Purchases of Investments | (16.4) | (0.3) | (2.4) | (77.4) | (35.3) | 0 | (2) | (2) | (3) | (69.7) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 31.5 | 14.7 | 0 | 0 | 114.8 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 16.6 | (1.6) | 3.4 | (2.2) | 0.5 | (86.8) | (118.4) | (4.1) | (3) | (69.7) | 1 | (1) | (1) | (7) |
| Investing Cash Flow | (57.5) | (79.5) | (77.3) | (551.9) | (138.6) | (110.6) | (658.3) | (414.4) | (58.6) | (126.4) | (90) | (102) | (64) | (47) |
| Financing Activities | ||||||||||||||
| Net Debt Issuance | (193.6) | (67.1) | (7.3) | 199 | (26) | 48.4 | 385.9 | 303.9 | (38.2) | 402.5 | 1.3 | 2.8 | 0 | (6) |
| Stock Repurchased | (56.3) | 0 | (92.1) | (145.2) | (109.4) | (88) | (6.4) | (47.4) | (6.6) | (0.3) | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (3.7) | (3.1) | (0.5) | (5.7) | 2.3 | (10.6) | 4 | (100.3) | (11.8) | (405.6) | 25.7 | (34.5) | (79) | (71) |
| Financing Cash Flow | (252.2) | (70.2) | (99.9) | 48.1 | (133.1) | (50.2) | 369.2 | 153.7 | (57.8) | (3.4) | 27 | (31) | (79) | (77) |
| Cash Position | ||||||||||||||
| Net Change in Cash | 26 | (25.3) | 27.6 | (196.4) | 19.9 | 193.8 | (13.2) | (10.1) | 57.4 | (1.5) | 12 | 8 | (4) | 4 |
| Cash at Beginning | 86.6 | 111.9 | 84.3 | 280.7 | 260.8 | 64.6 | 77.8 | 87.9 | 30.5 | 32 | 20 | 12 | 16 | 12 |
| Cash at End | 112.6 | 86.6 | 111.9 | 84.3 | 280.7 | 258.4 | 64.6 | 77.8 | 87.9 | 30.5 | 32 | 20 | 12 | 16 |
| Free Cash Flow | 273.5 | 51 | 95.3 | 170.9 | 189.5 | 246.5 | 160.9 | 158.1 | 121.7 | 71.2 | (29) | 42 | 74 | 86 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 1,167.6 | 1,406.4 | 1,692.1 | 1,668.3 | 1,391.5 | 1,216.1 | 1,292.9 | 1,133.6 | 972.4 | 908.3 | 968 | 1,041 | 980 | 939 |
| Gross Profit | 461.5 | 454.7 | 471.9 | 570.1 | 512.8 | 465.5 | 482 | 416.8 | 329 | 274.4 | 281 | 323 | 295 | 297 |
| Operating Income | 261.9 | 259.9 | 256.4 | 341 | 307.2 | 0 | 327.9 | 262.9 | 202.8 | 160.4 | 167 | 211 | 192 | 202 |
| Net Income | (167.1) | (430.3) | (5.4) | 211.6 | 118.1 | 181.4 | 183.7 | 169.1 | 126.3 | 35.2 | 80 | 129 | 119 | 119 |
| EPS (Diluted) | -4.61 | -11.85 | -0.15 | 5.50 | 2.95 | 4.37 | 4.35 | 3.97 | 2.97 | 0.83 | 1.89 | 3.07 | 2.83 | 2.83 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 78.1 | 68 | 95.9 | 76.7 | 275.4 | 257.7 | 56.5 | 77.5 | 87.9 | 30.5 | 32 | 20 | 12 | |
| Total Assets | 1,651.1 | 2,022.6 | 2,623.3 | 2,736.5 | 2,469 | 2,334.5 | 2,144.4 | 1,315.2 | 930.3 | 832.8 | 782 | 718 | 593 | |
| Total Debt | 1,242.7 | 1,454.7 | 1,534.5 | 1,530.7 | 1,323.2 | 1,344.3 | 1,228.4 | 741.2 | 444 | 481.3 | 89 | 89 | 86 | |
| Stockholders' Equity | 29.7 | 195.2 | 631.4 | 698.3 | 673.8 | 642.1 | 530.8 | 339.6 | 277.7 | 134.6 | 517 | 417 | 326 | |
| Cash Flow | ||||||||||||||
| Operating Cash Flow | 331.2 | 128.6 | 205.1 | 313.4 | 293.3 | 352.4 | 275.7 | 252 | 174.3 | 127.9 | 73 | 143 | 137 | 126 |
| Capital Expenditure | (57.7) | (77.6) | (109.8) | (142.5) | (103.8) | (105.9) | (114.8) | (93.9) | (52.6) | (56.7) | (102) | (101) | (63) | (40) |
| Free Cash Flow | 273.5 | 51 | 95.3 | 170.9 | 189.5 | 246.5 | 160.9 | 158.1 | 121.7 | 71.2 | (29) | 42 | 74 | 86 |