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Side-by-side financial comparison of Excelerate Energy, Inc. (EE) and Ingevity Corp (NGVT). Click either name above to swap in a different company.

Excelerate Energy, Inc. is the larger business by last-quarter revenue ($317.6M vs $185.4M, roughly 1.7× Ingevity Corp). On growth, Ingevity Corp posted the faster year-over-year revenue change (36.7% vs 15.7%). Over the past eight quarters, Excelerate Energy, Inc.'s revenue compounded faster (26.0% CAGR vs -26.2%).

Excelerate Energy, Inc. is a global leading provider of flexible liquefied natural gas (LNG) solutions, offering floating storage and regasification units, LNG delivery services and integrated infrastructure projects. It serves utility and industrial clients across Europe, Asia, Latin America and the Middle East, supporting markets to achieve accessible low-carbon energy transitions.

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.

EE vs NGVT — Head-to-Head

Bigger by revenue
EE
EE
1.7× larger
EE
$317.6M
$185.4M
NGVT
Growing faster (revenue YoY)
NGVT
NGVT
+21.1% gap
NGVT
36.7%
15.7%
EE
Faster 2-yr revenue CAGR
EE
EE
Annualised
EE
26.0%
-26.2%
NGVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EE
EE
NGVT
NGVT
Revenue
$317.6M
$185.4M
Net Profit
$-84.6M
Gross Margin
41.2%
Operating Margin
22.2%
-47.7%
Net Margin
-45.6%
Revenue YoY
15.7%
36.7%
Net Profit YoY
-609.6%
EPS (diluted)
$0.24
$-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
EE
EE
NGVT
NGVT
Q4 25
$317.6M
$185.4M
Q3 25
$391.0M
$333.1M
Q2 25
$204.6M
$365.1M
Q1 25
$315.1M
$284.0M
Q4 24
$274.6M
$135.6M
Q3 24
$193.4M
$333.8M
Q2 24
$183.3M
$390.6M
Q1 24
$200.1M
$340.1M
Net Profit
EE
EE
NGVT
NGVT
Q4 25
$-84.6M
Q3 25
$43.5M
Q2 25
$-146.5M
Q1 25
$20.5M
Q4 24
$16.6M
Q3 24
$-107.2M
Q2 24
$-283.7M
Q1 24
$-56.0M
Gross Margin
EE
EE
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
EE
EE
NGVT
NGVT
Q4 25
22.2%
-47.7%
Q3 25
22.3%
18.7%
Q2 25
21.2%
-39.1%
Q1 25
20.9%
9.4%
Q4 24
21.9%
Q3 24
30.9%
33.0%
Q2 24
27.2%
25.9%
Q1 24
22.6%
22.6%
Net Margin
EE
EE
NGVT
NGVT
Q4 25
-45.6%
Q3 25
13.1%
Q2 25
-40.1%
Q1 25
7.2%
Q4 24
12.2%
Q3 24
-32.1%
Q2 24
-72.6%
Q1 24
-16.5%
EPS (diluted)
EE
EE
NGVT
NGVT
Q4 25
$0.24
$-2.33
Q3 25
$0.43
$1.18
Q2 25
$0.15
$-4.02
Q1 25
$0.46
$0.56
Q4 24
$0.42
$0.44
Q3 24
$0.35
$-2.94
Q2 24
$0.26
$-7.81
Q1 24
$0.24
$-1.54

Balance Sheet & Financial Strength

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

Metric
EE
EE
NGVT
NGVT
Cash + ST InvestmentsLiquidity on hand
$538.2M
$78.1M
Total DebtLower is stronger
$936.3M
$1.2B
Stockholders' EquityBook value
$2.2B
$29.7M
Total Assets
$4.1B
$1.7B
Debt / EquityLower = less leverage
0.42×
39.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EE
EE
NGVT
NGVT
Q4 25
$538.2M
$78.1M
Q3 25
$462.6M
$83.4M
Q2 25
$426.0M
$76.9M
Q1 25
$619.5M
$71.5M
Q4 24
$537.5M
$68.0M
Q3 24
$608.4M
$135.5M
Q2 24
$609.1M
$107.4M
Q1 24
$578.9M
$88.5M
Total Debt
EE
EE
NGVT
NGVT
Q4 25
$936.3M
$1.2B
Q3 25
$942.0M
$1.2B
Q2 25
$946.2M
$1.2B
Q1 25
$322.6M
$1.3B
Q4 24
$333.6M
$1.3B
Q3 24
$345.7M
$1.4B
Q2 24
$356.4M
$1.4B
Q1 24
$366.9M
$1.4B
Stockholders' Equity
EE
EE
NGVT
NGVT
Q4 25
$2.2B
$29.7M
Q3 25
$2.2B
$138.1M
Q2 25
$2.1B
$120.7M
Q1 25
$1.9B
$234.6M
Q4 24
$1.9B
$195.2M
Q3 24
$1.9B
$214.5M
Q2 24
$1.8B
$284.8M
Q1 24
$1.8B
$568.2M
Total Assets
EE
EE
NGVT
NGVT
Q4 25
$4.1B
$1.7B
Q3 25
$4.1B
$1.8B
Q2 25
$4.0B
$1.9B
Q1 25
$2.9B
$2.1B
Q4 24
$2.9B
$2.0B
Q3 24
$2.9B
$2.2B
Q2 24
$2.9B
$2.3B
Q1 24
$2.9B
$2.6B
Debt / Equity
EE
EE
NGVT
NGVT
Q4 25
0.42×
39.10×
Q3 25
0.43×
8.39×
Q2 25
0.44×
10.24×
Q1 25
0.17×
5.68×
Q4 24
0.18×
6.86×
Q3 24
0.18×
6.52×
Q2 24
0.19×
4.92×
Q1 24
0.20×
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
EE
EE
NGVT
NGVT
Operating Cash FlowLast quarter
$104.4M
$97.1M
Free Cash FlowOCF − Capex
$73.5M
FCF MarginFCF / Revenue
39.6%
Capex IntensityCapex / Revenue
12.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$273.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EE
EE
NGVT
NGVT
Q4 25
$104.4M
$97.1M
Q3 25
$114.9M
$129.7M
Q2 25
$87.1M
$79.0M
Q1 25
$154.8M
$25.4M
Q4 24
$49.6M
$64.5M
Q3 24
$39.8M
$46.5M
Q2 24
$90.4M
$29.7M
Q1 24
$64.7M
$-12.1M
Free Cash Flow
EE
EE
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
EE
EE
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
EE
EE
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
EE
EE
NGVT
NGVT
Q4 25
Q3 25
2.98×
Q2 25
Q1 25
1.24×
Q4 24
3.89×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

EE
EE

Other$179.4M57%
Revenue From Leases$138.1M43%

NGVT
NGVT

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

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