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Ingevity Corporation

NGVT

Basic Materials · 66.98 -1.6% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Ingevity Corporation's current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.

Company-1.6% todayVolume comparison unavailable
Market group0 of 6 activeNo Coherent Theme · unavailable
Disclosed network0 of 2 confirmingNo filing-linked name is confirming now
What would change this read
  • Favorable pricing and sales mix increased net sales by $6.5 million (3%) in Q1 2026 versus Q1 2025.

Invalidation: The isolated read changes if NGVT's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Basic Materials · Specialty Chemicals

No new filing conclusion is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Favorable pricing and sales mix increased net sales by $6.5 million (3%) in Q1 2026 versus Q1 2025.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements191
Verified relationships2
Evidence supporting the case
  • Net margin changed +21.5 percentage points in the latest annual period.
  • Capital investment and capacity has repeated favorable evidence across 4 filings.
  • Credit and interest rates has repeated favorable evidence across 4 filings.
  • Pricing and mix has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Latest annual revenue changed -2.7% year over year.
  • Foreign exchange has repeated adverse evidence across 4 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 4 filings.
  • Demand and volume has repeated adverse evidence across 3 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 10, 2026

66.98
6m+4.4%12m+13.9%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.4B+14.4%$2.95-3.6%
2022-12-31$1.7B+19.9%$5.50-4.0%
2023-12-31$1.2B-27.1%$-0.15-4.6%
2024-12-31$1.2B-1.3%$-11.85-1.0%
2025-12-31$1.2B-2.7%$-4.61-0.3%

What management says matters

Persistent and emerging business drivers

Capital investment and capacitymixed · 4 filings
Cash flows provided by (used in) investing activities Cash provided by investing activities, inclusive of continuing and discontinued operations, in the three months ended March 31, 2026 was $106.3 million and was primarily driven by cash proceeds of $93.1 mi…
10-Q · May 7, 2026
Credit and interest ratespositive · 4 filings
Cash used in financing activities in the three months ended March 31, 2025 was $11.0 million and was primarily due to proceeds from our revolving credit facility and other borrowings of $92.3 million, partially offset by payments on our revolving credit facil…
10-Q · May 7, 2026
Energy and commodity pricesmixed · 4 filings
We enter into certain derivative financial instruments to mitigate expected fluctuations in market prices and the volatility to earnings and cash flow resulting from changes to the pricing of natural gas purchases.
10-Q · May 7, 2026
Foreign exchangemixed · 4 filings
The decrease of $6.0 million in 2026 was driven by increased manufacturing costs of $6.0 million, unfavorable pricing and sales mix of $0.5 million, and unfavorable foreign currency exchange and other charges of $0.2 million.
10-Q · May 7, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 2.1× · EV/sales 2.0×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

66.98-1.6% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for NGVT. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for NGVT. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind NGVT

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

BWABorgWarner Inc.investeeFeb 26, 2026

We are the trusted source of these products for many of the world's largest automotive parts manufacturers, including PHINIA Inc.

PHINPHINIA Inc.investeeFeb 26, 2026

We are the trusted source of these products for many of the world's largest automotive parts manufacturers, including PHINIA Inc.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

NGVT is currently a Early Follower in the organic co-movement group No Coherent Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for NGVT; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.