Ingevity (NGVT) Asset Utilization Ratio (2016 - 2026)
Ingevity (NGVT) posted quarterly Asset Utilization Ratio of 0.73 for Q2 2026, up 21.71% year-over-year from 0.6 in Q2 2025, and up 2.03% quarter-over-quarter from 0.71 in Q1 2026.
Ingevity (NGVT) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
Ingevity (NGVT) has reported Asset Utilization Ratio for 11 consecutive years, with 0.73 the latest figure, recorded in Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 21.71% year-over-year to 0.73; the TTM figure through Jun 2026 stood at 0.73 (up 21.71% YoY), while the FY2025 annual figure was 0.64, up 23.04% from the prior year.
- Asset Utilization Ratio improved to 0.73 in Q2 2026 per NGVT's latest filing, from 0.71 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.73 in Q2 2026 and bottomed at 0.43 in Q3 2024.
- Historically, Asset Utilization Ratio has averaged 0.6 across 5 years, with a median of 0.62 in 2023.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio plunged 31.44% — and 2025, when it soared 48.16%.
- Ingevity's Asset Utilization Ratio stood at 0.66 in 2022, then slumped by 31.44% to 0.45 in 2023, then soared by 39.06% to 0.63 in 2024, then advanced by 6.84% to 0.67 in 2025, then grew by 8.64% to 0.73 in 2026.
- Business Quant data shows NGVT's Asset Utilization Ratio at 0.73 in Q2 2026, 0.71 in Q1 2026, and 0.67 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 226.20 Bn | 221.31 Bn | 4.43 Bn | 0.41 |
| 2 | Sherwin Williams | 84.46 Bn | 84.17 Bn | 3.34 Bn | 0.92 |
| 3 | Ecolab | 78.89 Bn | 73.76 Bn | 1.95 Bn | 0.62 |
| 4 | Air Products & Chemicals | 68.18 Bn | 67.20 Bn | 1.04 Bn | 0.31 |
| 5 | Ppg Industries | 25.28 Bn | 23.69 Bn | 1.81 Bn | 0.73 |
| 6 | Chemical & Mining Co Of Chile | 23.36 Bn | 19.49 Bn | 778.60 Mn | 0.35 |
| 7 | LyondellBasell Industries | 22.09 Bn | 19.46 Bn | 2.04 Bn | 0.91 |
| 8 | International Flavors & Fragrances | 21.53 Bn | 20.96 Bn | 853.00 Mn | 0.40 |
| 9 | DuPont de Nemours | 19.02 Bn | 17.28 Bn | 639.00 Mn | 0.33 |
| 10 | Ingevity | 2.45 Bn | 2.27 Bn | 139.00 Mn | 0.73 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.73 |
| Mar 31, 2026 | 0.73 |
| Dec 31, 2025 | 0.69 |
| Sep 30, 2025 | 0.65 |
| Jun 30, 2025 | 0.62 |
| Mar 31, 2025 | 0.61 |
| Dec 31, 2024 | 0.63 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.61 |
| Jun 30, 2023 | 0.62 |
| Mar 31, 2023 | 0.61 |
| Dec 31, 2022 | 0.66 |
| Sep 30, 2022 | 0.69 |
| Jun 30, 2022 | 0.63 |
| Mar 31, 2022 | 0.59 |
| Dec 31, 2021 | 0.57 |
| Sep 30, 2021 | 0.57 |