Ingevity CorpNGVT

NYSEMaterialsChemicals & Allied Products
Price (close)
$71.79
Market cap
$2.5B
P/E
45.8x
Revenue (TTM)
$1.2B
Net income
$54.0M
Dividend yield
—
1-year total return
32.1%
Net margin
4.7%
Revenue growth
-1.4%
Debt / equity
25.59x

What Ingevity Corp does.

Ingevity Corporation provides products and technologies that purify, protect, and enhance the world around us. Through a diverse team of talented and experienced people, we develop, manufacture, and bring to market solutions that are largely renewably sourced and help customers solve complex problems while making the world more sustainable. Our products are used in a variety of demanding applications, including automotive gasoline vapor emissions control systems, food, water and chemical filtration, asphalt paving, agrochemical dispersants, bioplastics, coatings, elastomers, and paint for road markings. We operate in three reportable segments: Performance Materials, Performance Chemicals and Advanced Polymer Technologies.

Throughout this Annual Report on Form 10-K, except where otherwise stated or indicated by the context, "Ingevity," the "Company," "we," "us," or "our" means Ingevity Corporation and its consolidated subsidiaries and their predecessors.

Our business originated as part of the operations of our former parent company, Westvaco Corporation, in 1964, and we operated as a division of Westvaco Corporation and its corporate successors, including MeadWestvaco Corporation and WestRock Company ("WestRock"), until our separation from WestRock in May 2016. Our common stock began "regular-way" trading on the New York Stock Exchange in May 2016 under the symbol "NGVT."

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$1.2B$1.4B$1.7B$1.2B$1.2B$1.2B
Net income$181.4M$118.1M$211.6M-$5.4M-$430.3M-$167.1M
Free cash flow$270.3M$189.5M$170.9M$95.3M$51.0M$273.5M

More on NGVT.

Figures from Ingevity Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.