Ingevity Corp
NGVT · Chemicals & Allied Products · 34.8M shares · -3%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $80M (gross $92M, SBC $12M)
Reference price $68.45 · est. market cap ~$2.4B — last insider sale, 2026-05-28 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C67Specialty-chemicals franchise with best-in-class operating margins and cash flow, but a net loss year amid a major portfolio restructuring.
Strengths
- Top-decile/percentile operating margin (35.9%, 100th pct), gross margin (39.5%, 91.7th pct) and OCF margin (28.4%, 91.7th pct) with leading positions and IP
- Solid interest coverage (5.3x); 'New Ingevity' simplification toward two high-margin core segments
Risks
- Net loss (net margin -14.3%) and negative ROE/ROA driven by impairments and divestiture charges; revenue down 2.7%
- Execution risk on divestitures, automotive end-market weakness and weak quick ratio (0.79, 20th pct)
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -14.3%)
- Buying back stockNet buyback — share count -3%/yr over 4y
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
39.5%
Operating margin
35.9%
Net margin
-14.3%
Return on equity
-562.6%
Return on assets
-10.1%
Revenue growth (QoQ)
1.1%
Interest coverage
5.3×
Current ratio
1.3×
EBITDA
$525M
Tangible book value
-$151M
Cash & investments
$78M
Stock comp / revenue
1.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-22 | Cotterman Ryan Joseph | Grant | 2.1K | — |
| 2026-05-28 | DYER TERRANCE M | Sell | 266 | $68.45 |
| 2026-05-28 | DYER TERRANCE M | Sell | 30 | $68.57 |
| 2026-05-28 | DYER TERRANCE M | Sell | 200 | $68.53 |
| 2026-05-01 | PLATT PHILLIP JOHN | Grant | 1.3K | — |
| 2026-04-30 | Segal Francis David | Grant | 1.9K | — |
| 2026-04-30 | Wright Benjamin G. | Grant | 1.9K | — |
| 2026-04-30 | FERNANDEZ-MORENO LUIS M | Grant | 1.9K | — |
| 2026-04-30 | Gulyas Diane H. | Grant | 1.9K | — |
| 2026-04-30 | Lynch Frederick J | Grant | 1.9K | — |
| 2026-04-30 | WILLIS J KEVIN | Grant | 1.9K | — |
| 2026-04-30 | Hoechner Bruce D. | Grant | 1.9K | — |
| 2026-04-30 | NARWOLD KAREN G | Grant | 1.9K | — |
| 2026-04-07 | Li David H | Tax withheld | 13K | $70.57 |
| 2026-04-07 | Li David H | Tax withheld | 3.6K | $70.57 |
| 2026-04-01 | Segal Francis David | Grant | 329 | $72.28 |
| 2026-04-01 | WILLIS J KEVIN | Grant | 398 | $72.28 |
| 2026-03-25 | Fisher Ryan C. | Tax withheld | 308 | $71.78 |
| 2026-03-02 | PLATT PHILLIP JOHN | Tax withheld | 340 | $71.64 |
| 2026-03-02 | Clontz Clarence Reid Jr. | Tax withheld | 143 | $71.64 |
| 2026-03-02 | Clontz Clarence Reid Jr. | Tax withheld | 264 | $71.64 |
| 2026-03-02 | Clontz Clarence Reid Jr. | Tax withheld | 49 | $71.64 |
| 2026-03-02 | Clontz Clarence Reid Jr. | Tax withheld | 270 | $71.64 |
| 2026-03-02 | Fisher Ryan C. | Tax withheld | 195 | $71.64 |
| 2026-03-02 | Fisher Ryan C. | Tax withheld | 355 | $71.64 |
| 2026-03-02 | Fisher Ryan C. | Tax withheld | 103 | $71.64 |
| 2026-03-02 | Fisher Ryan C. | Tax withheld | 680 | $71.64 |
| 2026-03-02 | White Richard Allen JR | Tax withheld | 351 | $71.64 |
| 2026-03-02 | White Richard Allen JR | Tax withheld | 617 | $71.64 |
| 2026-03-02 | White Richard Allen JR | Tax withheld | 217 | $71.64 |
| 2026-03-02 | White Richard Allen JR | Tax withheld | 755 | $71.64 |
| 2026-03-02 | PLATT PHILLIP JOHN | Tax withheld | 224 | $71.64 |
| 2026-03-02 | PLATT PHILLIP JOHN | Tax withheld | 407 | $71.64 |
| 2026-03-02 | PLATT PHILLIP JOHN | Tax withheld | 99 | $71.64 |
| 2026-03-02 | Hall Mary Dean | Tax withheld | 747 | $71.64 |
| 2026-03-02 | Hall Mary Dean | Tax withheld | 1.4K | $71.64 |
| 2026-03-02 | Hall Mary Dean | Tax withheld | 559 | $71.64 |
| 2026-03-02 | Hall Mary Dean | Tax withheld | 1.7K | $71.64 |
| 2026-03-02 | DYER TERRANCE M | Tax withheld | 550 | $71.64 |
| 2026-02-27 | Castillo Ruth | Grant | 3.7K | — |
| 2026-02-27 | Clontz Clarence Reid Jr. | Grant | 2.3K | — |
| 2026-02-27 | PLATT PHILLIP JOHN | Grant | 2.1K | — |
| 2026-02-27 | Fisher Ryan C. | Grant | 4.4K | — |
| 2026-02-27 | DYER TERRANCE M | Grant | 3.6K | — |
| 2026-02-27 | Shukov Michael N. | Grant | 1.4K | — |
| 2026-02-27 | Li David H | Grant | 38K | — |
| 2026-02-26 | White Richard Allen JR | Grant | 430 | $70.52 |
| 2026-02-26 | Hall Mary Dean | Grant | 1.8K | — |
| 2026-02-26 | Hall Mary Dean | Tax withheld | 873 | $70.52 |
| 2026-02-26 | Fisher Ryan C. | Grant | 192 | — |
| 2026-02-26 | Fisher Ryan C. | Tax withheld | 94 | $70.52 |
| 2026-02-26 | Clontz Clarence Reid Jr. | Grant | 187 | — |
| 2026-02-26 | Clontz Clarence Reid Jr. | Tax withheld | 69 | $70.52 |
| 2026-02-26 | White Richard Allen JR | Grant | 1.2K | — |
| 2026-02-26 | PLATT PHILLIP JOHN | Grant | 247 | — |
| 2026-02-26 | PLATT PHILLIP JOHN | Tax withheld | 108 | $70.52 |
| 2026-01-02 | WILLIS J KEVIN | Grant | 479 | $60.09 |
| 2026-01-02 | Segal Francis David | Grant | 396 | $60.09 |
| 2025-10-02 | FERNANDEZ-MORENO LUIS M | Tax withheld | 6.0K | $56.31 |
| 2025-10-01 | WILLIS J KEVIN | Grant | 506 | $54.44 |
| 2025-10-01 | Segal Francis David | Grant | 414 | $54.44 |
| 2025-08-11 | PLATT PHILLIP JOHN | Tax withheld | 1.4K | $52.20 |
| 2025-07-07 | Fisher Ryan C. | Tax withheld | 169 | $45.34 |
| 2025-07-01 | WILLIS J KEVIN | Grant | 620 | $44.40 |
| 2025-07-01 | Segal Francis David | Grant | 507 | $44.40 |
| 2025-05-01 | Blackwell Jean | Grant | 4.1K | — |
| 2025-05-01 | FERNANDEZ-MORENO LUIS M | Grant | 4.1K | — |
| 2025-05-01 | Lynch Frederick J | Grant | 4.1K | — |
| 2025-05-01 | Sansone Daniel F | Grant | 4.1K | — |
| 2025-05-01 | Gulyas Diane H. | Grant | 4.1K | — |
| 2025-05-01 | NARWOLD KAREN G | Grant | 4.1K | — |
| 2025-05-01 | Wright Benjamin G. | Grant | 4.1K | — |
| 2025-05-01 | Hoechner Bruce D. | Grant | 4.1K | — |
| 2025-05-01 | WILLIS J KEVIN | Grant | 4.1K | — |
| 2025-05-01 | WILLIS J KEVIN | Grant | 151 | $33.28 |
| 2025-05-01 | Segal Francis David | Grant | 4.1K | — |
| 2025-05-01 | Segal Francis David | Grant | 677 | $33.28 |
| 2025-04-07 | Li David H | Grant | 87K | — |
| 2025-04-07 | Li David H | Grant | 32K | — |
| 2025-04-01 | WILLIS J KEVIN | Grant | 580 | $38.85 |
| 2025-03-25 | Fisher Ryan C. | Tax withheld | 310 | $43.07 |
| 2025-02-28 | Hall Mary Dean | Tax withheld | 452 | $47.66 |
| 2025-02-28 | Hall Mary Dean | Tax withheld | 751 | $47.66 |
| 2025-02-28 | Hall Mary Dean | Tax withheld | 1.4K | $47.66 |
| 2025-02-28 | Hall Mary Dean | Tax withheld | 562 | $47.66 |
| 2025-02-28 | Hall Mary Dean | Grant | 11K | — |
| 2025-02-28 | WOODCOCK STUART EDWARD JR. | Tax withheld | 304 | $47.66 |
| 2025-02-28 | WOODCOCK STUART EDWARD JR. | Tax withheld | 441 | $47.66 |
| 2025-02-28 | WOODCOCK STUART EDWARD JR. | Tax withheld | 810 | $47.66 |
| 2025-02-28 | WOODCOCK STUART EDWARD JR. | Tax withheld | 374 | $47.66 |
| 2025-02-28 | WOODCOCK STUART EDWARD JR. | Grant | 7.8K | — |
| 2025-02-28 | Fisher Ryan C. | Tax withheld | 94 | $47.66 |
| 2025-02-28 | Fisher Ryan C. | Tax withheld | 195 | $47.66 |
| 2025-02-28 | Fisher Ryan C. | Tax withheld | 357 | $47.66 |
| 2025-02-28 | Fisher Ryan C. | Tax withheld | 107 | $47.66 |
| 2025-02-28 | Fisher Ryan C. | Grant | 4.7K | — |
| 2025-02-28 | DYER TERRANCE M | Grant | 4.6K | — |
| 2025-02-28 | White Richard Allen JR | Tax withheld | 167 | $47.66 |
| 2025-02-28 | White Richard Allen JR | Tax withheld | 374 | $47.66 |
| 2025-02-28 | White Richard Allen JR | Tax withheld | 621 | $47.66 |
| 2025-02-28 | White Richard Allen JR | Tax withheld | 218 | $47.66 |
| 2025-02-28 | White Richard Allen JR | Grant | 7.5K | — |
| 2025-02-28 | PLATT PHILLIP JOHN | Tax withheld | 107 | $47.66 |
| 2025-02-28 | PLATT PHILLIP JOHN | Tax withheld | 225 | $47.66 |
| 2025-02-28 | PLATT PHILLIP JOHN | Tax withheld | 410 | $47.66 |
| 2025-02-28 | PLATT PHILLIP JOHN | Tax withheld | 115 | $47.66 |
| 2025-02-28 | PLATT PHILLIP JOHN | Grant | 2.7K | — |
| 2025-02-28 | Hulme Steven Paul | Tax withheld | 94 | $47.66 |
| 2025-02-28 | Hulme Steven Paul | Tax withheld | 152 | $47.66 |
| 2025-02-28 | Hulme Steven Paul | Tax withheld | 278 | $47.66 |
| 2025-02-28 | Hulme Steven Paul | Tax withheld | 104 | $47.66 |
| 2025-02-19 | Hall Mary Dean | Grant | 1.7K | — |
| 2025-02-19 | Hall Mary Dean | Tax withheld | 852 | $48.26 |
| 2025-02-19 | Hulme Steven Paul | Grant | 336 | — |
| 2025-02-19 | Hulme Steven Paul | Tax withheld | 158 | $48.26 |
| 2025-02-19 | White Richard Allen JR | Grant | 780 | — |
| 2025-02-19 | White Richard Allen JR | Tax withheld | 280 | $48.26 |
| 2025-02-19 | PLATT PHILLIP JOHN | Grant | 411 | — |
| 2025-02-19 | PLATT PHILLIP JOHN | Tax withheld | 181 | $48.26 |
| 2025-02-19 | Fisher Ryan C. | Grant | 323 | — |
| 2025-02-19 | Fisher Ryan C. | Tax withheld | 158 | $48.26 |
| 2025-02-19 | WOODCOCK STUART EDWARD JR. | Grant | 1.2K | — |
| 2025-02-19 | WOODCOCK STUART EDWARD JR. | Tax withheld | 510 | $48.26 |
| 2025-01-02 | WILLIS J KEVIN | Grant | 570 | $39.54 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-24 | Exec/director changeExhibits | filing ↗ |
| 2026-05-06 | ResultsExhibits | filing ↗ |
| 2026-05-04 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-04-15 | Reg FDExhibits | filing ↗ |
| 2026-03-30 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-02-25 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-23 | Exec/director changeExhibits | filing ↗ |
| 2026-01-05 | Material agreementAcquisition/dispositionReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-24 | 2026-06-22 | 0001653477-26-000037 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001653477-26-000035 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001653477-26-000031 ↗ |
| 8-K | 2026-05-04 | 2026-04-29 | 0001653477-26-000028 ↗ |
| 8-K | 2026-04-15 | 2026-04-15 | 0001653477-26-000021 ↗ |
| 8-K | 2026-03-30 | 2026-03-26 | 0001104659-26-036423 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001653477-26-000014 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0001653477-26-000010 ↗ |
| 8-K | 2026-02-23 | 2026-02-17 | 0001653477-26-000006 ↗ |
| 8-K | 2026-01-05 | 2026-01-01 | 0001493152-26-000248 ↗ |
| 8-K | 2025-12-08 | 2025-12-08 | 0001493152-25-026513 ↗ |
| 8-K | 2025-12-08 | 2025-12-08 | 0001493152-25-026514 ↗ |