Ingevity (NGVT) Operating Margin (2015 - 2026)
Ingevity (NGVT) recorded Operating Margin of 29.35% in Q2 2026, up 8.24 percentage points from 21.12% a year earlier and up 2.80 percentage points from the prior quarter.
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Analysis
Ingevity (NGVT) Operating Margin (2015 - 2026) Analysis & Trends
On a TTM basis, Ingevity's Operating Margin came in at 24.01% as of Jun 30, 2026, up 1.86 percentage points year-over-year; for FY2025, it came in at 21.33%, down 0.70 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -1.28 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 22.03% in FY2024 (+5.22 pp), 16.82% in FY2023 (-2.80 pp), 19.61% in FY2022 (-1.30 pp) and 20.91% in FY2021 (-1.70 pp).
- The Q2 2026 figure is the highest quarterly Operating Margin in data going back to Q1 2015.
- On a year-over-year basis, Operating Margin rose in five of the last seven quarters, with an average year-over-year change of +7.72 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 29.67 percentage points in Q1 2025, against a drop of 22.20 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.55% (Q1 2026), 14.15% (Q4 2025) and 24.56% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 27.49% |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 15.49% |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 18.18% |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | -66.34% |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 32.29% |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 16.81% |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | 28.51% |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 25.75% |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | 17.45% |
| 10 | Ingevity | 2.51 Bn | 1.98 Bn | 139.00 Mn | 29.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.35% |
| Mar 31, 2026 | 26.55% |
| Dec 31, 2025 | 14.15% |
| Sep 30, 2025 | 24.56% |
| Jun 30, 2025 | 21.12% |
| Mar 31, 2025 | 24.65% |
| Dec 31, 2024 | 17.20% |
| Sep 30, 2024 | 25.22% |
| Jun 30, 2024 | 15.72% |
| Mar 31, 2024 | -5.03% |
| Sep 30, 2023 | 12.69% |
| Jun 30, 2023 | 15.38% |
| Mar 31, 2023 | 17.17% |
| Dec 31, 2022 | 10.19% |
| Sep 30, 2022 | 23.07% |
| Jun 30, 2022 | 21.43% |
| Mar 31, 2022 | 22.70% |
| Dec 31, 2021 | 13.63% |
| Sep 30, 2021 | 23.20% |
| Jun 30, 2021 | 22.91% |
API Access
Ingevity Operating 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=operating-margin&ticker=NGVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=NGVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();