Ingevity (NGVT) Debt Ratio (2015 - 2026)
Ingevity's Debt Ratio came in at 0.78 for Q2 2026, up 10.2% from 0.71 a year earlier and up 7.0% from the prior quarter.
Analysis
Ingevity (NGVT) Debt Ratio (2015 - 2026) Analysis & Trends
For FY2025, Ingevity's Debt Ratio was 0.73, up 5.7% from FY2024.
- Debt Ratio has increased in each of the last four years.
- Going back by year, Debt Ratio was 0.69 in FY2024 (+23.8%), 0.56 in FY2023 (+3.9%), 0.54 in FY2022 (+4.7%) and 0.51 in FY2021 (-7.2%).
- The Q2 2026 figure represents the highest quarterly Debt Ratio in data going back to Q4 2015.
- Year-over-year, Debt Ratio has increased for 15 consecutive quarters, with growth averaging 12.5% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q3 2024 (growth of 27.3%), and the weakest in Q3 2021 (a decline of 8.8%).
- Business Quant data shows NGVT's Debt Ratio at 0.73 (Q1 2026), 0.73 (Q4 2025) and 0.69 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 0.32 |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 0.26 |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 0.45 |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 0.43 |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 0.12 |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 0.37 |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 0.21 |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 0.28 |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 0.38 |
| 10 | Ingevity | 2.44 Bn | 1.91 Bn | 139.00 Mn | 0.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.78 |
| Mar 31, 2026 | 0.73 |
| Dec 31, 2025 | 0.73 |
| Sep 30, 2025 | 0.69 |
| Jun 30, 2025 | 0.71 |
| Mar 31, 2025 | 0.68 |
| Dec 31, 2024 | 0.69 |
| Sep 30, 2024 | 0.68 |
| Jun 30, 2024 | 0.66 |
| Mar 31, 2024 | 0.58 |
| Dec 31, 2023 | 0.56 |
| Sep 30, 2023 | 0.53 |
| Jun 30, 2023 | 0.54 |
| Mar 31, 2023 | 0.54 |
| Dec 31, 2022 | 0.54 |
| Sep 30, 2022 | 0.49 |
| Jun 30, 2022 | 0.50 |
| Mar 31, 2022 | 0.52 |
| Dec 31, 2021 | 0.51 |
| Sep 30, 2021 | 0.53 |
API Access
Ingevity Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NGVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NGVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NGVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();