Ingevity (NGVT) Return on Invested Capital [ROIC] (2016 - 2026)
Ingevity's Return on Invested Capital [ROIC] came in at 14.96% for Q2 2026, down 1.97 percentage points from 16.93% a year earlier and down 5.71 percentage points from the prior quarter.
Ingevity (NGVT) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2025, Ingevity's Return on Invested Capital [ROIC] was 17.58%, up 5.21 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +6.16 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 12.37% in FY2024 (+4.58 pp), 7.79% in FY2023 (-4.69 pp), 12.48% in FY2022 (+1.60 pp) and 10.88% in FY2021 (-0.53 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- Year-over-year, Return on Invested Capital [ROIC] increased in six of the last eight quarters, with an average year-over-year change of +6.39 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q1 2025 (a gain of 12.53 percentage points), and the weakest in Q1 2024 (a drop of 10.14 percentage points).
- Business Quant data shows NGVT's Return on Invested Capital [ROIC] at 20.67% (Q1 2026), 18.89% (Q4 2025) and 18.12% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 10.33% |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 11.02% |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 19.47% |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | - |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 8.97% |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 13.43% |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 11.09% |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 8.70% |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 16.48% |
| 10 | Ingevity | 2.06 Bn | 1.45 Bn | 132.80 Mn | 18.39% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.39% |
| Jun 30, 2026 | 14.92% |
| Mar 31, 2026 | 20.67% |
| Dec 31, 2025 | 18.89% |
| Sep 30, 2025 | 18.12% |
| Jun 30, 2025 | 16.93% |
| Mar 31, 2025 | 13.39% |
| Dec 31, 2024 | 8.72% |
| Sep 30, 2024 | 6.26% |
| Jun 30, 2024 | 4.59% |
| Mar 31, 2024 | 0.86% |
| Dec 31, 2023 | 7.76% |
| Sep 30, 2023 | 8.31% |
| Jun 30, 2023 | 10.18% |
| Mar 31, 2023 | 11.00% |
| Dec 31, 2022 | 12.97% |
| Sep 30, 2022 | 14.52% |
| Jun 30, 2022 | 13.17% |
| Mar 31, 2022 | 11.31% |
| Dec 31, 2021 | 10.93% |
Ingevity Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=NGVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=NGVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();