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NGVT Reports Losses in Q4, Missing Estimates, Revenues Dip Y/Y
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Key Takeaways
NGVT posts Q4 loss of $2.37 per share, missing EPS estimates as revenues fall 3% year over year.
Performance Materials sales drop 3% on auto supply chain woes; Advanced Polymer down 17%.
NGVT guides 2026 sales of $1.1B-$1.2B and sees adjusted EPS of $4.80-$5.20.
Ingevity Corporation (NGVT - Free Report) recorded a fourth-quarter 2025 loss of $84.6 million, or a loss of $2.37 per share. This compared unfavorably with an income of $16.6 million or 46 cents per share in the year-ago quarter.
Excluding one-time items, adjusted earnings (from continuing operations) in the quarter were 58 cents per share, down from 95 cents a year ago. The figure missed the Zacks Consensus Estimate of 74 cents per share.
Revenues from continuing operations fell 3% year over year to $255.1 million in the quarter. This decline was due to lower sales in Advanced Polymer Technologies and Performance Materials.
Ingevity Corporation Price, Consensus and EPS Surprise
The Performance Chemicals division generated revenues of $67.4 million in the reported quarter, up around 6.5% year over year. Industrial Specialties’ product line was excluded. Road Technologies saw a volume growth, driven by an extended paving season. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the segment declined to a negative $1.2 million as a result of competitive pricing pressure in Road Markings.
Revenues in the Performance Materials unit fell around 3% year over year to $151.2 million. This was a result of lower sales in North America from supply chain disruptions in the auto industry. Segment EBITDA was $78 million, down 4.5% year over year, impacted by lower global auto production driven by tariff uncertainty and supply chain challenges.
Sales in the Advanced Polymer Technologies segment were down 17% to $36.5 million due to dampened demand. Segment EBITDA was $5.5 million, down 21% due to lower volumes.
NGVT’s Financials
The fourth-quarter operating cash flow was $97.1 million, with free cash flow of $73.5 million. There were share repurchases of $31 million during the quarter, leaving $297 million remaining under the current share repurchase authorization. Net leverage improved to 2.6x from the previous quarter’s 2.7x.
NGVT’s 2026 Outlook
NGVT expects full-year 2026 sales between $1.1 billion and $1.2 billion. Adjusted EBITDA guidance is between $380 million and $400 million, with adjusted EPS between $4.80 to $5.20. The company expects free cash flow between $225 million and $250 million in 2026.
NGVT Stock’s Price Performance
Shares of Ingevity have gained 46.1% in a year compared with the industry’s 7.1% rise.
Image Source: Zacks Investment Research
NGVT’s Rank & Key Picks
NGVT currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the basic materials space are Orla Mining Ltd. (ORLA - Free Report) , Sociedad Química y Minera de Chile S.A. (SQM - Free Report) and Avino Silver & Gold Mines Ltd. (ASM - Free Report) .
Orla Mining is scheduled to report fourth-quarter results on March 19. The Zacks Consensus Estimate for ORLA’s fourth-quarter earnings is pegged at 36 cents, indicating 414.29% year over year growth. ORLA currently flaunts a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Sociedad is slated to report fourth-quarter results on Feb. 27. The Zacks Consensus Estimate for earnings is pegged at 75 cents per share, indicating 78.57% year over year growth. SQM sports a Zacks Rank #1 at present.
Avino Silver is slated to report fourth-quarter results on March 11. The consensus estimate for ASM’s earnings is pegged at 6 cents. ASM, presently carrying a Zacks Rank #2 (Buy), beat the consensus estimate in all the last four quarters, the average earnings surprise being 150%.
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NGVT Reports Losses in Q4, Missing Estimates, Revenues Dip Y/Y
Key Takeaways
Ingevity Corporation (NGVT - Free Report) recorded a fourth-quarter 2025 loss of $84.6 million, or a loss of $2.37 per share. This compared unfavorably with an income of $16.6 million or 46 cents per share in the year-ago quarter.
Excluding one-time items, adjusted earnings (from continuing operations) in the quarter were 58 cents per share, down from 95 cents a year ago. The figure missed the Zacks Consensus Estimate of 74 cents per share.
Revenues from continuing operations fell 3% year over year to $255.1 million in the quarter. This decline was due to lower sales in Advanced Polymer Technologies and Performance Materials.
Ingevity Corporation Price, Consensus and EPS Surprise
Ingevity Corporation price-consensus-eps-surprise-chart | Ingevity Corporation Quote
NGVT’s Segmental Review
The Performance Chemicals division generated revenues of $67.4 million in the reported quarter, up around 6.5% year over year. Industrial Specialties’ product line was excluded. Road Technologies saw a volume growth, driven by an extended paving season. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the segment declined to a negative $1.2 million as a result of competitive pricing pressure in Road Markings.
Revenues in the Performance Materials unit fell around 3% year over year to $151.2 million. This was a result of lower sales in North America from supply chain disruptions in the auto industry. Segment EBITDA was $78 million, down 4.5% year over year, impacted by lower global auto production driven by tariff uncertainty and supply chain challenges.
Sales in the Advanced Polymer Technologies segment were down 17% to $36.5 million due to dampened demand. Segment EBITDA was $5.5 million, down 21% due to lower volumes.
NGVT’s Financials
The fourth-quarter operating cash flow was $97.1 million, with free cash flow of $73.5 million. There were share repurchases of $31 million during the quarter, leaving $297 million remaining under the current share repurchase authorization. Net leverage improved to 2.6x from the previous quarter’s 2.7x.
NGVT’s 2026 Outlook
NGVT expects full-year 2026 sales between $1.1 billion and $1.2 billion. Adjusted EBITDA guidance is between $380 million and $400 million, with adjusted EPS between $4.80 to $5.20. The company expects free cash flow between $225 million and $250 million in 2026.
NGVT Stock’s Price Performance
Shares of Ingevity have gained 46.1% in a year compared with the industry’s 7.1% rise.
Image Source: Zacks Investment Research
NGVT’s Rank & Key Picks
NGVT currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the basic materials space are Orla Mining Ltd. (ORLA - Free Report) , Sociedad Química y Minera de Chile S.A. (SQM - Free Report) and Avino Silver & Gold Mines Ltd. (ASM - Free Report) .
Orla Mining is scheduled to report fourth-quarter results on March 19. The Zacks Consensus Estimate for ORLA’s fourth-quarter earnings is pegged at 36 cents, indicating 414.29% year over year growth. ORLA currently flaunts a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Sociedad is slated to report fourth-quarter results on Feb. 27. The Zacks Consensus Estimate for earnings is pegged at 75 cents per share, indicating 78.57% year over year growth. SQM sports a Zacks Rank #1 at present.
Avino Silver is slated to report fourth-quarter results on March 11. The consensus estimate for ASM’s earnings is pegged at 6 cents. ASM, presently carrying a Zacks Rank #2 (Buy), beat the consensus estimate in all the last four quarters, the average earnings surprise being 150%.