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Side-by-side financial comparison of Acadian Asset Management Inc. (AAMI) and Ingevity Corp (NGVT). Click either name above to swap in a different company.

Ingevity Corp is the larger business by last-quarter revenue ($185.4M vs $172.2M, roughly 1.1× Acadian Asset Management Inc.). Acadian Asset Management Inc. runs the higher net margin — 20.2% vs -45.6%, a 65.8% gap on every dollar of revenue. On growth, Ingevity Corp posted the faster year-over-year revenue change (36.7% vs 2.6%). Over the past eight quarters, Acadian Asset Management Inc.'s revenue compounded faster (27.6% CAGR vs -26.2%).

United Asset Management was an American holding company headquartered in Boston, Massachusetts.

Ingevity Corp is a global specialty chemicals and advanced materials manufacturer. It produces high-performance carbon materials, pavement preservation solutions, and specialty chemicals, serving automotive emissions control, industrial purification, road infrastructure, and agricultural input markets across North America, Europe, and Asia Pacific.

AAMI vs NGVT — Head-to-Head

Bigger by revenue
NGVT
NGVT
1.1× larger
NGVT
$185.4M
$172.2M
AAMI
Growing faster (revenue YoY)
NGVT
NGVT
+34.1% gap
NGVT
36.7%
2.6%
AAMI
Higher net margin
AAMI
AAMI
65.8% more per $
AAMI
20.2%
-45.6%
NGVT
Faster 2-yr revenue CAGR
AAMI
AAMI
Annualised
AAMI
27.6%
-26.2%
NGVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AAMI
AAMI
NGVT
NGVT
Revenue
$172.2M
$185.4M
Net Profit
$34.7M
$-84.6M
Gross Margin
41.2%
Operating Margin
33.3%
-47.7%
Net Margin
20.2%
-45.6%
Revenue YoY
2.6%
36.7%
Net Profit YoY
-18.4%
-609.6%
EPS (diluted)
$0.97
$-2.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAMI
AAMI
NGVT
NGVT
Q4 25
$172.2M
$185.4M
Q3 25
$144.2M
$333.1M
Q2 25
$127.4M
$365.1M
Q1 25
$119.9M
$284.0M
Q4 24
$167.8M
$135.6M
Q3 24
$123.1M
$333.8M
Q2 24
$109.0M
$390.6M
Q1 24
$105.7M
$340.1M
Net Profit
AAMI
AAMI
NGVT
NGVT
Q4 25
$34.7M
$-84.6M
Q3 25
$15.1M
$43.5M
Q2 25
$10.1M
$-146.5M
Q1 25
$20.1M
$20.5M
Q4 24
$42.5M
$16.6M
Q3 24
$16.9M
$-107.2M
Q2 24
$11.0M
$-283.7M
Q1 24
$14.6M
$-56.0M
Gross Margin
AAMI
AAMI
NGVT
NGVT
Q4 25
41.2%
Q3 25
40.2%
Q2 25
37.8%
Q1 25
39.9%
Q4 24
81.3%
Q3 24
39.4%
Q2 24
31.5%
Q1 24
29.3%
Operating Margin
AAMI
AAMI
NGVT
NGVT
Q4 25
33.3%
-47.7%
Q3 25
18.4%
18.7%
Q2 25
12.7%
-39.1%
Q1 25
26.6%
9.4%
Q4 24
38.7%
Q3 24
21.9%
33.0%
Q2 24
18.9%
25.9%
Q1 24
21.7%
22.6%
Net Margin
AAMI
AAMI
NGVT
NGVT
Q4 25
20.2%
-45.6%
Q3 25
10.5%
13.1%
Q2 25
7.9%
-40.1%
Q1 25
16.8%
7.2%
Q4 24
25.3%
12.2%
Q3 24
13.7%
-32.1%
Q2 24
10.1%
-72.6%
Q1 24
13.8%
-16.5%
EPS (diluted)
AAMI
AAMI
NGVT
NGVT
Q4 25
$0.97
$-2.33
Q3 25
$0.42
$1.18
Q2 25
$0.28
$-4.02
Q1 25
$0.54
$0.56
Q4 24
$1.11
$0.44
Q3 24
$0.45
$-2.94
Q2 24
$0.29
$-7.81
Q1 24
$0.37
$-1.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAMI
AAMI
NGVT
NGVT
Cash + ST InvestmentsLiquidity on hand
$78.1M
Total DebtLower is stronger
$200.0M
$1.2B
Stockholders' EquityBook value
$29.7M
Total Assets
$677.0M
$1.7B
Debt / EquityLower = less leverage
39.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAMI
AAMI
NGVT
NGVT
Q4 25
$78.1M
Q3 25
$83.4M
Q2 25
$76.9M
Q1 25
$71.5M
Q4 24
$68.0M
Q3 24
$135.5M
Q2 24
$107.4M
Q1 24
$88.5M
Total Debt
AAMI
AAMI
NGVT
NGVT
Q4 25
$200.0M
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.3B
Q4 24
$275.0M
$1.3B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
AAMI
AAMI
NGVT
NGVT
Q4 25
$29.7M
Q3 25
$138.1M
Q2 25
$120.7M
Q1 25
$234.6M
Q4 24
$195.2M
Q3 24
$214.5M
Q2 24
$284.8M
Q1 24
$568.2M
Total Assets
AAMI
AAMI
NGVT
NGVT
Q4 25
$677.0M
$1.7B
Q3 25
$751.4M
$1.8B
Q2 25
$672.3M
$1.9B
Q1 25
$677.3M
$2.1B
Q4 24
$703.2M
$2.0B
Q3 24
$555.2M
$2.2B
Q2 24
$533.1M
$2.3B
Q1 24
$544.9M
$2.6B
Debt / Equity
AAMI
AAMI
NGVT
NGVT
Q4 25
39.10×
Q3 25
8.39×
Q2 25
10.24×
Q1 25
5.68×
Q4 24
6.86×
Q3 24
6.52×
Q2 24
4.92×
Q1 24
2.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAMI
AAMI
NGVT
NGVT
Operating Cash FlowLast quarter
$-2.4M
$97.1M
Free Cash FlowOCF − Capex
$73.5M
FCF MarginFCF / Revenue
39.6%
Capex IntensityCapex / Revenue
12.7%
Cash ConversionOCF / Net Profit
-0.07×
TTM Free Cash FlowTrailing 4 quarters
$273.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAMI
AAMI
NGVT
NGVT
Q4 25
$-2.4M
$97.1M
Q3 25
$-23.9M
$129.7M
Q2 25
$61.6M
$79.0M
Q1 25
$-48.8M
$25.4M
Q4 24
$55.8M
$64.5M
Q3 24
$69.6M
$46.5M
Q2 24
$45.7M
$29.7M
Q1 24
$-40.4M
$-12.1M
Free Cash Flow
AAMI
AAMI
NGVT
NGVT
Q4 25
$73.5M
Q3 25
$117.8M
Q2 25
$66.8M
Q1 25
$15.4M
Q4 24
$39.6M
Q3 24
$28.5M
Q2 24
$11.6M
Q1 24
$-28.7M
FCF Margin
AAMI
AAMI
NGVT
NGVT
Q4 25
39.6%
Q3 25
35.4%
Q2 25
18.3%
Q1 25
5.4%
Q4 24
29.2%
Q3 24
8.5%
Q2 24
3.0%
Q1 24
-8.4%
Capex Intensity
AAMI
AAMI
NGVT
NGVT
Q4 25
12.7%
Q3 25
3.6%
Q2 25
3.3%
Q1 25
3.5%
Q4 24
18.4%
Q3 24
5.4%
Q2 24
4.6%
Q1 24
4.9%
Cash Conversion
AAMI
AAMI
NGVT
NGVT
Q4 25
-0.07×
Q3 25
-1.58×
2.98×
Q2 25
6.10×
Q1 25
-2.43×
1.24×
Q4 24
1.31×
3.89×
Q3 24
4.12×
Q2 24
4.15×
Q1 24
-2.77×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAMI
AAMI

Segment breakdown not available.

NGVT
NGVT

Performance Materials$151.2M82%
Advanced Polymer Technologies Segment$36.5M20%

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