Ingevity (NGVT) Gross Margin (2015 - 2026)
Ingevity (NGVT) recorded Gross Margin of 44.25% in Q2 2026, up 5.70 percentage points from 38.55% a year earlier but down 0.86 percentage points from the prior quarter.
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Analysis
Ingevity (NGVT) Gross Margin (2015 - 2026) Analysis & Trends
On a TTM basis, Ingevity's Gross Margin came in at 41.12% as of Jun 30, 2026, up 1.07 percentage points year-over-year; for FY2025, it was 39.53%, up 0.80 percentage points from FY2024.
- Annual Gross Margin has increased for three straight years, with a five-year change of +1.25 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 38.73% in FY2024 (+2.12 pp), 36.61% in FY2023 (+2.44 pp), 34.17% in FY2022 (-2.68 pp) and 36.85% in FY2021 (-1.43 pp).
- Quarterly Gross Margin has ranged from 27.48% in Q4 2022 to 45.14% in Q1 2025 over the past five years.
- On a year-over-year basis, Gross Margin rose in five of the last seven quarters, with an average year-over-year change of +5.18 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 15.82 percentage points in Q1 2025, against a drop of 7.88 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 45.12% (Q1 2026), 34.42% (Q4 2025) and 40.20% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 238.84 Bn | 220.98 Bn | 4.44 Bn | 47.24% |
| 2 | Corning | 98.69 Bn | 90.37 Bn | 1.81 Bn | 37.28% |
| 3 | Sherwin Williams | 85.12 Bn | 84.13 Bn | 3.28 Bn | 47.77% |
| 4 | Air Products & Chemicals | 69.02 Bn | 64.21 Bn | 1.04 Bn | 32.77% |
| 5 | LyondellBasell Industries | 38.36 Bn | 26.43 Bn | 1.50 Bn | 17.60% |
| 6 | Nutrien | 34.35 Bn | 30.38 Bn | - | - |
| 7 | Ppg Industries | 27.44 Bn | 20.36 Bn | 1.76 Bn | 40.52% |
| 8 | Qnity Electronics | 26.06 Bn | 22.20 Bn | 743.00 Mn | 47.75% |
| 9 | Ati | 25.56 Bn | 23.51 Bn | 380.20 Mn | 26.71% |
| 10 | Ingevity | 2.10 Bn | 1.49 Bn | 132.80 Mn | 43.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 43.53% |
| Jun 30, 2026 | 44.25% |
| Mar 31, 2026 | 45.12% |
| Dec 31, 2025 | 34.42% |
| Sep 30, 2025 | 40.20% |
| Jun 30, 2025 | 38.55% |
| Mar 31, 2025 | 45.14% |
| Dec 31, 2024 | 37.94% |
| Sep 30, 2024 | 39.42% |
| Jun 30, 2024 | 31.54% |
| Mar 31, 2024 | 29.31% |
| Sep 30, 2023 | 28.92% |
| Jun 30, 2023 | 31.76% |
| Mar 31, 2023 | 33.21% |
| Dec 31, 2022 | 27.48% |
| Sep 30, 2022 | 36.58% |
| Jun 30, 2022 | 35.87% |
| Mar 31, 2022 | 36.00% |
| Dec 31, 2021 | 31.25% |
| Sep 30, 2021 | 37.63% |
API Access
Ingevity Gross Margin 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=gross-margin&ticker=NGVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=NGVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();