Ingevity Corporation (NGVT)

Ingevity Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,325	1,406	1,692	1,668	1,392	1,216
Revenue Growth (YoY)	-14.44%	-16.88%	1.43%	19.89%	14.42%	-5.94%
Cost of Revenue	837.9	945.4	1,200	1,097	878.7	750.6
Gross Profit	486.9	461	492.5	571	512.8	465.5
Selling, General & Admin	165.3	166.6	184	198.3	179.1	149.8
Research & Development	29.5	28.1	31.8	30.3	26.3	22.6
Operating Expenses	191.2	194.7	215.8	228.6	205.4	172.4
Operating Income	295.7	266.3	276.7	342.4	307.4	293.1
Interest Expense	-90.8	-97.8	-93.3	-61.8	-51.7	-47.1
Interest & Investment Income	8.1	7.7	6.3	7.5	4	4.9
Currency Exchange Gain (Loss)	-0.6	-4.2	-3.7	-2.3	-2.5	5.8
Other Non Operating Income (Expenses)	45.1	3.2	1	3.5	7.4	-1.6
EBT Excluding Unusual Items	257.5	175.2	187	289.3	264.6	255.1
Merger & Restructuring Charges	-204.8	-245.5	-216.4	-19.7	-16.8	-20.3
Impairment of Goodwill	-183.8	-349.1	-	-	-	-
Gain (Loss) on Sale of Investments	-9.2	-11.4	19.3	-	-	-
Legal Settlements	0.1	-	-	-	-85	-
Other Unusual Items	-104.8	-104.8	-	-	-	0.3
Pretax Income	-245	-535.6	-10.1	269.6	162.8	235.1
Income Tax Expense	-28.4	-105.3	-4.7	58	44.7	53.7
Earnings From Continuing Operations	-216.6	-430.3	-5.4	211.6	118.1	181.4
Net Income	-216.6	-430.3	-5.4	211.6	118.1	181.4
Net Income to Common	-216.6	-430.3	-5.4	211.6	118.1	181.4
Net Income Growth	-	-	-	79.17%	-34.89%	-1.25%
Shares Outstanding (Basic)	36	36	36	38	40	41
Shares Outstanding (Diluted)	36	36	36	38	40	42
Shares Change (YoY)	0.34%	-0.47%	-5.13%	-3.96%	-3.58%	-1.55%
EPS (Basic)	-5.95	-11.85	-0.15	5.54	2.97	4.39
EPS (Diluted)	-5.96	-11.85	-0.15	5.50	2.95	4.37
EPS Growth	-	-	-	86.44%	-32.49%	0.46%
Free Cash Flow	150.3	51	95.3	170.9	189.5	270.3
Free Cash Flow Per Share	4.13	1.40	2.61	4.44	4.73	6.51
Gross Margin	36.75%	32.78%	29.11%	34.23%	36.85%	38.28%
Operating Margin	22.32%	18.93%	16.35%	20.52%	22.09%	24.10%
Profit Margin	-16.35%	-30.60%	-0.32%	12.68%	8.49%	14.92%
Free Cash Flow Margin	11.34%	3.63%	5.63%	10.24%	13.62%	22.23%
EBITDA	392.8	374.6	399.5	451.2	417.3	393.3
EBITDA Margin	29.65%	26.63%	23.61%	27.05%	29.99%	32.34%
D&A For EBITDA	97.1	108.3	122.8	108.8	109.9	100.2
EBIT	295.7	266.3	276.7	342.4	307.4	293.1
EBIT Margin	22.32%	18.93%	16.35%	20.52%	22.09%	24.10%
Effective Tax Rate	-	-	-	21.51%	27.46%	22.84%

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q