Ingevity Corporation
Description
Ingevity Corporation manufactures and sells activated carbon products, derivative specialty chemicals, and engineered polymers in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. It operates through three segments: Performance Materials, Performance Chemicals, and Advanced Polymer Technologies. The Performance Materials segment engineers, manufactures, and sells hardwood-based and chemically activated carbon products for use in gasoline vapor emission control systems in cars, motorcycles, trucks, and boats. This segment also produces other activated carbon products for food, water, beverage, and chemical purification applications. The Performance Chemicals segment consists of road technologies and industrial specialties. This segment's products are used in pavement construction, pavement preservation, pavement reconstruction and recycling, road markings, agrochemical dispersants, paper chemicals, and other industrial uses. The Advanced Polymer Technologies segment produces caprolactone and caprolactone-based specialty polymers for use in coatings, resins, elastomers, adhesives, bioplastics, and medical devices. It serves automotive parts and components manufacturers through sales representatives and distributors. The company was formerly known as WestRock Company, Specialty Chemicals Business and changed its name to Ingevity Corporation in September 2015. Ingevity Corporation was founded in 1964 and is headquartered in North Charleston, South Carolina.
About
CEO
Mr. Luis Fernandez-Moreno
Employees
1,700
Instrument type
Common Stock
Sector
Basic Materials
Industry
Specialty Chemicals
MIC code
XNYS
Address
4920 O'Hear Avenue, North Charleston, SC 29405, United States
×
![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 27, 2025 | — | — | — | — |
| Jul 29, 2025 | — | — | — | — |
| Apr 29, 2025 | — | — | — | — |
| Feb 19, 2025 | 0.29 | — | — | — |
| Oct 30, 2024 | 0.90 | 1.10 | 0.20 | 22.22% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 3 | — | 4 |
| Average estimate | — | 0.69 | — | 4.28 |
| Low estimate | — | 0.52 | — | 3.60 |
| High estimate | — | 0.85 | — | 4.75 |
| Last year EPS | — | 0.52 | — | 2.93 |
[stock_revenue_estimate]
Growth estimates
Current qtr
46.430%
Next qtr. (Mar 2025)
32.050%
Current year
-25.700%
Next year (Dec 2025)
46.030%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 1.69B | 1.67B | 1.39B | 1.22B | 1.29B |
| Cost of revenue | 1.22B | 1.10B | 878.70M | 750.60M | 810.90M |
| Gross profit | 471.90M | 570.10M | 512.80M | 465.50M | 482.00M |
| Operating expense | |||||
| Research & development | 31.80M | 30.30M | 26.30M | 22.60M | 19.70M |
| Selling general and admin | 183.70M | 198.80M | 179.30M | 149.40M | 163.10M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 256.40M | 341.00M | 307.20M | 293.50M | 299.20M |
| Non operating interest income | |||||
| Income | 6.30M | 5.80M | 4.00M | 4.90M | 8.90M |
| Expense | 93.30M | 61.80M | 51.70M | 47.10M | 55.80M |
| Other income expense | -179.50M | -15.40M | -96.70M | -16.20M | -24.40M |
| Pretax income | -10.10M | 269.60M | 162.80M | 235.10M | 227.90M |
| Tax provision | -4.70M | 58.00M | 44.70M | 53.70M | 44.20M |
| Net income | -5.40M | 211.60M | 118.10M | 181.40M | 183.70M |
| Basic EPS | -0.15 | 5.54 | 2.97 | 4.51 | 4.39 |
| Diluted EPS | -0.15 | 5.50 | 2.95 | 4.48 | 4.35 |
| Basic average shares | 36.50M | 38.20M | 39.80M | 41.30M | 41.80M |
| Diluted average shares | 36.50M | 38.20M | 39.80M | 41.30M | 41.80M |
| EBITDA | 360.90M | 445.80M | 412.60M | 386.90M | 397.60M |
| Net income from continuing op. | -5.40M | 211.60M | 118.10M | 181.40M | 183.70M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 2.62B | 2.74B | 2.47B | 2.33B | 2.14B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 95.90M | 76.70M | 275.40M | 257.70M | 56.50M |
| Other short term investments | — | — | — | — | 400,000 |
| Accounts receivable | 182.00M | 224.80M | 161.70M | 148.00M | 150.00M |
| Other receivables | 17.00M | 11.80M | 7.90M | 9.30M | 10.70M |
| Inventory | 308.80M | 335.00M | 241.20M | 189.00M | 212.50M |
| Prepaid assets | 9.50M | 9.80M | 9.80M | 8.50M | 5.40M |
| Restricted cash | 600,000 | 600,000 | 600,000 | 700,000 | 8.10M |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | 500,000 | — | — | — | — |
| Other current assets | 32.30M | 11.90M | 6.50M | 6.10M | 5.40M |
| Non current assets | |||||
| Properties | 107.80M | 97.40M | 87.90M | 78.50M | 71.00M |
| Land and improvements | 26.30M | 24.90M | 20.40M | 20.00M | 19.00M |
| Machinery furniture equipment | 1.24B | 1.16B | 1.11B | 1.07B | 964.30M |
| Construction in progress | 92.80M | 120.90M | 64.40M | 43.70M | 119.10M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -859.60M | -751.60M | -691.10M | -629.00M | -572.20M |
| Goodwill | 1.44B | 1.49B | 1.26B | 1.29B | 1.29B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | 2.00M | — | 3.00M |
| Intangible assets | 385.30M | 455.80M | 378.70M | 397.30M | 418.70M |
| Investments and advances | 99.20M | 109.80M | 35.30M | — | 72.60M |
| Other non current assets | 123.40M | 113.90M | 114.00M | 110.50M | 102.30M |
| Total liabilities | 1.99B | 2.04B | 1.80B | 1.69B | 1.61B |
| Current liabilities | |||||
| Accounts payable | 158.40M | 174.80M | 125.80M | 104.20M | 99.10M |
| Accrued expenses | 69.60M | 95.50M | 90.60M | 64.40M | 59.10M |
| Short term debt | 103.10M | 17.40M | 37.00M | 42.20M | 39.60M |
| Deferred revenue | — | — | — | — | — |
| Tax payable | 16.70M | 8.90M | 14.40M | 11.50M | 16.80M |
| Pensions | — | — | — | — | — |
| Other current liabilities | 1.40M | 2.10M | 600,000 | 300,000 | 500,000 |
| Non current liabilities | |||||
| Long term debt | 1.43B | 1.51B | 1.29B | 1.30B | 1.27B |
| Provision for risks and charges | — | — | 1.80M | 1.80M | 1.70M |
| Deferred liabilities | 70.90M | 106.50M | 114.60M | 117.00M | 100.30M |
| Derivative product liabilities | — | — | 5.00M | 17.50M | 3.90M |
| Other non current liabilities | 6.80M | 7.00M | 7.70M | 4.20M | 3.80M |
| Shareholders equity | |||||
| Common stock | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 |
| Retained earnings | 1.00B | 1.01B | 796.10M | 678.00M | 497.20M |
| Other shareholders equity | -26.70M | -46.80M | 13.10M | 4.70M | -5.00M |
| Total shareholders equity | 631.40M | 698.30M | 673.80M | 642.10M | 530.80M |
| Additional paid in capital | 164.90M | 153.00M | 136.30M | 121.30M | 112.80M |
| Treasury stock | 509.50M | 416.00M | 272.10M | 162.30M | 74.60M |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Net Income | -5.40M | 211.60M | 118.10M | 181.40M | 183.70M | 181.80M | 145.20M | 44.40M | 84.30M | 132.60M | 118.00M | 122.00M |
| Depreciation | 122.80M | 108.80M | 109.90M | 100.20M | 85.00M | 57.00M | 40.40M | 38.80M | 34.60M | 32.30M | 33.00M | 32.00M |
| Deferred Taxes | -44.70M | -5.00M | -4.60M | 16.20M | 14.80M | 900,000 | -25.70M | -7.90M | 8.30M | 2.20M | 2.00M | 2.00M |
| Stock-Based Compensation | 10.60M | 16.10M | 12.30M | 8.40M | 12.30M | 12.50M | 10.10M | 4.70M | — | — | — | — |
| Other Non-Cash Items | 155.60M | 25.40M | 20.80M | 28.00M | 23.80M | 7.40M | 3.50M | 30.80M | -6.70M | -5.60M | — | -1.00M |
| Accounts Receivable | 42.70M | -42.10M | -13.80M | 2.80M | -15.30M | -3.00M | -9.50M | 5.70M | 8.50M | -4.80M | -11.00M | -13.00M |
| Accounts Payable | -14.60M | 42.70M | 14.80M | 9.40M | -6.20M | 5.70M | 1.70M | -1.50M | -22.30M | 6.90M | 14.00M | 11.00M |
| Other Assets & Liabilities | -73.60M | -63.40M | 7.50M | -31.10M | -27.90M | -22.50M | -16.40M | 1.50M | -24.90M | -28.00M | -30.00M | -24.00M |
| Operating Cash Flow | 193.40M | 294.10M | 265.00M | 315.30M | 270.20M | 239.80M | 149.30M | 116.50M | 81.80M | 135.60M | 126.00M | 129.00M |
| Investing Activities | ||||||||||||
| Capital Expenditures | — | — | — | -23.80M | — | — | — | — | — | — | — | — |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | -344.50M | — | — | -537.90M | -315.50M | — | — | 11.00M | 6.00M | — | -7.00M |
| Purchase of Investments | -2.40M | -77.40M | -35.30M | — | — | -2.00M | -4.00M | -69.70M | — | — | — | — |
| Sale of Investments | 31.50M | 14.70M | — | — | — | 1.10M | 1.00M | — | — | — | — | — |
| Investing Cash Flow | 32.50M | -409.40M | -34.80M | -28.50M | -543.50M | -320.50M | -6.00M | -69.70M | 11.60M | 5.00M | -1.00M | -7.00M |
| Financing Activities | ||||||||||||
| Long-Term Debt Issuance | 376.30M | 1.16B | — | 896.10M | 375.00M | 300.00M | 231.40M | 411.90M | — | — | — | — |
| Long-Term Debt Payments | -382.90M | -964.80M | -25.30M | -870.80M | -788.90M | — | -268.30M | -9.40M | -5.80M | — | — | -6.00M |
| Other Financing Charges | -5.20M | -9.80M | -2.40M | -14.20M | -14.40M | -104.90M | -14.80M | -405.90M | 25.70M | -34.50M | -79.00M | -71.00M |
| Financing Cash Flow | -103.90M | 44.90M | -139.00M | -81.30M | -301.30M | 151.60M | -58.30M | -12.80M | 27.00M | -31.70M | -79.00M | -77.00M |
| Other Cash Details | ||||||||||||
| End Cash Position | 111.90M | 84.30M | 280.70M | 258.40M | 64.60M | 77.80M | 87.90M | 30.50M | 32.00M | 19.90M | 12.00M | 16.00M |
| Income Tax Paid | — | 54.80M | 53.70M | 46.60M | 14.90M | 34.80M | 61.90M | 22.40M | 1.40M | — | — | — |
| Interest Paid | — | 54.80M | 47.50M | 39.60M | 48.00M | 26.00M | 16.00M | 15.10M | 6.50M | 6.50M | 7.00M | — |
| Free Cash Flow | 95.30M | 170.90M | 189.50M | 246.50M | 160.90M | 158.10M | 121.70M | 71.20M | -28.70M | 36.70M | 74.00M | 86.00M |
Error: Invalid format in Holders JSON file.
Article
Time to Buy These 5 Value Stocks With High Earnings Yield
Unlock your portfolio value with high earnings yield stocks like DAN, NGVT, BVN, NE and SUZ.
Feb 7, 2025
Article
Is Ingevity (NGVT) Outperforming Other Basic Materials Stocks This Year?
Here is how Ingevity (NGVT) and Nouveau Monde Graphite Inc. (NMG) have performed compared to their sector so far this year.
Jan 28, 2025
Article
4 High Earnings Yield Value Stocks to Buy as Trump Resumes Presidency
Unlock your portfolio value with high earnings yield value stocks like HRMY, NGVT, GPOR and PBI.
Jan 23, 2025
