Ingevity

Ingevity Corp. engages in the manufacture of specialty chemicals and carbon materials. It operates through the following segments: Performance Chemicals and Performance Materials. The Performance Materials segment consists of automotive technologies and process purifications product families. Automotive technologies produces automotive carbon products used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. Process purifications produce a number of activated carbon products for food, water, beverage and chemical purification applications. The Performance Chemicals segment primarily addresses applications in three product families: pavement technologies, oilfield technologies, and industrial specialties. The company was founded on March 27, 2015 and is headquartered in North Charleston, SC.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ingevity reports record revenue and EBITDA, eyes growth opportunities

Ingevity's strong financial performance in Q4 2022 and full year, coupled with sustainable growth initiatives and market opportunities, position the company for continued success. Despite challenges in customer destocking and COVID-19 impacts, Ingevity remains optimistic about future growth and margin improvements.

Ingevity reports solid Q1 performance amidst market challenges and opportunities

Ingevity's Q1 performance showed resilience amid market challenges, with a focus on diversification and innovation to drive growth.
While facing lowered guidance and cost pressures, the company remains optimistic about revenue and profitability increases through strategic initiatives.
Opportunities in Performance Materials, Advanced Polymers, and Pavement Technologies sectors position Ingevity for a positive outlook despite potential risks.

Ingevity reports strong Q2 growth, navigates challenges with strategic focus

Ingevity's Q2 2023 performance was marked by revenue growth, operational efficiency, and strategic agreements with Nexeon for silicon anode material.
Challenges from high CTO costs and weak end markets led to reduced guidance, but the company is focused on cost reduction and growth opportunities.
The AFA transition, global expansion in Pavement Technologies, and recovery plans for CTO costs highlight Ingevity's strategic initiatives for future growth.

Ingevity repositions for growth, faces challenges in Q3 performance

Ingevity's Q3 2023 performance reflected mixed results with notable strengths in Performance Materials and Advanced Polymer Technologies, while facing challenges in Performance Chemicals. The company's repositioning strategy and focus on higher-margin products present opportunities for improved profitability and growth. Despite lowered guidance for 2023, Ingevity remains committed to debt reduction and operational optimization.

Ingevity reports record Q4 sales, focuses on margin maintenance

Ingevity's Q4 performance highlighted record sales in key segments, offsetting challenges in others. The company remains focused on margin maintenance, new product adoption, and market opportunities. Despite facing volume declines and after-tax charges, Ingevity projects sales growth and adjusted EBITDA for 2024.

Ingevity reports mixed Q1 performance, optimistic on future growth

Ingevity's Q1 2024 earnings call highlighted mixed performance across segments, with strong growth in Performance Materials but challenges in APT and Performance Chemicals. The company reiterated full-year guidance and remains cautiously optimistic about future demand patterns and business transformation.

Ingevity reports Q3 sales decline, focuses on efficiency and portfolio

Ingevity's Q3 performance reflects short-term challenges from repositioning but also demonstrates operational resilience and strategic focus on efficiency and optimization.
The company's commitment to reviewing its business portfolio and pursuing improved execution and debt reduction signals a proactive approach to enhancing long-term value.
Analyst inquiries and guidance for Q4 underscore the importance of transparency, operational excellence, and strategic alignment in navigating market dynamics.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ingevity (NGVT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Ingevity (NGVT) Upgraded to Buy: What Does It Mean for the Stock?

Ingevity's (NGVT) CEO John Fortson on Q2 2021 Results - Earnings Call Transcript

Ingevity (NGVT) delivered earnings and revenue surprises of 28.10% and 8.10%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Ingevity (NGVT) Q2 Earnings and Revenues Beat Estimates

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation reported its second quarter 2021 financial results.

Ingevity reports second quarter 2021 financial results and increases full year 2021 guidance

Ingevity (NGVT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ingevity (NGVT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Ingevity (NGVT) experiences steady price rise due to gains from acquisitions, increased revenues in China and a rise in automotive-based activated carbon sales.

Ingevity's (NGVT) Stock Up 14% in 3 Months: Here's Why

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE:NGVT) announced that it will release its second quarter earnings after the stock market close on Wednesday, July 28, 2021.

Ingevity announces dates for second quarter earnings release and webcast

Celanese

Element Solutions Inc

Quaker Chemical

U.S. specialty chemical volumes ticked up 0.7% in May as the industry continues its recovery after being hit by the winter storm in the U.S. Gulf Coast earlier this year.

U.S. Specialty Chemical Rebound Continues as May Volume Rises

Axalta Coating Systems

Valvoline

An upturn in demand across major end-markets such as construction and automotive instills optimism in the specialty chemical space. VVV, ESI, NGVT, AXTA and KWR are worth betting on right now.

5 Top Specialty Chemical Stocks to Buy on End-Market Strength

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity today announced it will hold a live webinar to discuss innovative new pathways for activated carbon on June 30, 2021, at 10 a.m. (Eastern).

Ingevity announces details for upcoming webinar on innovative new pathways for activated carbon

Ingevity's (NGVT) price hike is due to continued strong market demand as well as rising raw materials and logistics costs.

Ingevity (NGVT) Announces Price Hike of Chemical-Based Products

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity was awarded ~$256,000 from the Pennsylvania Dept. of Environmental Protection as part of the 2020 Alternative Fuels Incentive Grant Program.

Ingevity receives grant to help fund demonstration of 28 adsorbed natural gas-powered trucks and vans with fleet partners across Pennsylvania

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity will hold a live webinar to discuss end uses and growth opportunities for its Engineered Polymers business on May 26, 2021, at 10 a.m. EST.

Ingevity announces details for upcoming webinar on end uses and growth opportunities for Engineered Polymers

Does Ingevity (NGVT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Ingevity (NGVT) Is Up 7.02% in One Week: What You Should Know

Ingevity Corporation (NGVT) CEO John Fortson on Q1 2021 Results - Earnings Call Transcript

Ingevity (NGVT) benefits from higher demand across its businesses in the first quarter.

Ingevity's (NGVT) Earnings and Sales Beat Estimates in Q1

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE:NGVT) today reported its financial results for the first quarter 2021.

Ingevity reports first quarter 2021 financial results

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity has announced a strategic partnership with GreenGasUSA Holdings, LLC, an integrated renewable natural gas solutions provider.

Ingevity announces strategic partnership with renewable natural gas platform GreenGasUSA Holdings, LLC

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity will hold a live webinar to discuss activated carbon's runway with the internal combustion engine on April 14, 2021, at 10 a.m. (EST).

Ingevity announces details for upcoming webinar on activated carbon's runway with the internal combustion engine

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity (NYSE:NGVT) announced today that it will release its first quarter earnings after the stock market close on Wednesday, April 28, 2021.

Ingevity announces dates for first quarter earnings release and webcast

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity today announced that it has named Mary Dean Hall as executive vice president and chief financial officer (CFO), effective April 19, 2021.

Ingevity names Mary Dean Hall as executive vice president and chief financial officer

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity will conduct a webinar series on the dynamics influencing its businesses and innovation efforts the company is making to drive growth.

Ingevity announces webinar series on business dynamics and strategic innovation efforts

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--New video highlights benefits of Ingevity's Nuchar® AG activated carbon technology in herbicide formulas to improve crop yield and health.

Ingevity's Nuchar® AG activated carbon technology enhances crop yield and health

Ingevity's (NGVT) latest addition to production capabilities will enable it to cater to increasing demand for Capa suite of technologies.

Ingevity (NGVT) Adds Caprolactone Polyol Production at DeRidder

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--The City of Orlando will participate in a demonstration program of adsorbed natural gas (ANG) bi-fuel vehicle technology developed by Ingevity.

News for Ingevity Stock (NGVT)