NGVT (NGVT) financial statements
NGVT reported revenue of $1.2B in fiscal 2025, up 2.8% a year over 9 years.
Net income was -$167M and the operating margin 35.9%, against 18.0% in 2016.
Free cash flow was $274M, and the company returned $56M in net buybacks.
The diluted share count fell 14% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from NGVT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $908M | $972M | $1.1B | $1.3B | $1.2B | $1.4B | $1.7B | $1.2B | $1.2B | $1.2B |
| Cost of revenue | $634M | $643M | $717M | $811M | $751M | $879M | $1.1B | $770M | $735M | $706M |
| Gross profit | $274M | $329M | $417M | $482M | $466M | $513M | $570M | $445M | $465M | $462M |
| Research and development | $18M | $20M | $22M | $20M | $23M | $26M | $30M | $25M | $24M | $28M |
| Selling, general and admin | $96M | $106M | $132M | $163M | $149M | $179M | $199M | $162M | $158M | $171M |
| Operating income | $164M | $243M | $320M | $397M | $398M | $422M | $453M | $423M | $426M | $419M |
| Interest expense | $19M | $18M | $33M | $55M | $47M | $52M | $62M | $93M | $98M | $78M |
| Pre-tax income | $87M | $175M | $222M | $228M | $235M | $163M | $270M | $130M | -$140M | -$142M |
| Income tax | $43M | $30M | $40M | $44M | $54M | $45M | $58M | $24M | -$19M | $8M |
| Net income | $35M | $126M | $169M | $184M | $181M | $118M | $212M | -$5M | -$430M | -$167M |
| EPS (diluted) | $0.83 | $2.97 | $3.97 | $4.35 | $4.37 | $2.95 | $5.50 | -$0.15 | -$11.85 | -$4.61 |
| Diluted shares | 42M | 43M | 43M | 42M | 42M | 40M | 38M | 37M | 36M | 36M |
| Gross margin | 30.2% | 33.8% | 36.8% | 37.3% | 38.3% | 36.9% | 34.2% | 36.6% | 38.7% | 39.5% |
| Operating margin | 18.0% | 25.0% | 28.3% | 30.7% | 32.7% | 30.3% | 27.1% | 34.8% | 35.5% | 35.9% |
| Net margin | 3.9% | 13.0% | 14.9% | 14.2% | 14.9% | 8.5% | 12.7% | -0.4% | -35.9% | -14.3% |
Balance sheet
Fiscal years, from NGVT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $30M | $88M | $78M | $56M | $258M | $275M | $77M | $96M | $68M | $78M |
| Receivables | $90M | $100M | $119M | $150M | $148M | — | — | — | — | — |
| Inventory | $151M | $160M | $191M | $212M | $189M | $241M | $335M | $309M | $196M | $186M |
| Total current assets | $295M | $369M | $423M | $463M | $629M | $725M | $683M | $659M | $493M | $454M |
| Property, plant and equipment | $423M | $438M | $524M | $665M | $704M | $720M | $799M | $762M | $643M | $608M |
| Goodwill | $12M | $12M | $131M | $436M | $445M | $442M | $518M | $528M | $175M | $4M |
| Total assets | $833M | $930M | $1.3B | $2.1B | $2.3B | $2.5B | $2.7B | $2.6B | $2.0B | $1.7B |
| Total current liabilities | $137M | $153M | $183M | $216M | $223M | $269M | $304M | $363M | $264M | $341M |
| Long-term debt | $481M | $444M | $741M | $1.2B | $1.3B | $1.2B | $1.5B | $1.4B | $1.3B | $1.2B |
| Total liabilities | $698M | $652M | $976M | $1.6B | $1.7B | $1.8B | $2.0B | $2.0B | $1.8B | $1.6B |
| Shareholders' equity | $127M | $278M | $339M | $531M | $642M | $674M | $698M | $631M | $195M | $30M |
| Net debt | $458M | $366M | $675M | $1.2B | $1.0B | $994M | $1.4B | $1.4B | $1.3B | $1.1B |
Cash flow
Fiscal years, from NGVT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $128M | $174M | $252M | $276M | $352M | $293M | $313M | $205M | $129M | $331M |
| Capital spending | $57M | $53M | $94M | $115M | $82M | $104M | $142M | $110M | $78M | $58M |
| Free cash flow | $71M | $122M | $158M | $161M | $270M | $190M | $171M | $95M | $51M | $274M |
| Stock-based compensation | $5M | $10M | $12M | $12M | $8M | $12M | $16M | $11M | $12M | $18M |
| Share buybacks (net) | $0 | -$7M | -$47M | -$6M | -$88M | -$109M | -$145M | -$92M | $0 | -$56M |
| Net borrowing | $291M | $75M | $304M | -$122M | -$389M | -$23M | $537M | $376M | $404M | $291M |
| Free cash flow margin | 7.8% | 12.5% | 13.9% | 12.4% | 22.2% | 13.6% | 10.2% | 7.8% | 4.2% | 23.4% |
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Open NGVT in InvestinglyQuestions
What was NGVT's revenue in 2025?
$1.2B in fiscal 2025, from its 10-K filing.
How much free cash flow does NGVT generate?
$274M in fiscal 2025 (operating cash flow minus capital spending).
From NGVT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.