vs

Side-by-side financial comparison of Employers Holdings, Inc. (EIG) 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 $170.5M, roughly 1.1× Employers Holdings, Inc.). On growth, Ingevity Corp posted the faster year-over-year revenue change (36.7% vs -21.3%). Over the past eight quarters, Employers Holdings, Inc.'s revenue compounded faster (-11.4% CAGR vs -26.2%).

Employers Holdings, Inc. is a U.S.-headquartered insurance holding company that specializes in offering workers' compensation insurance and customized risk management services primarily for small and medium-sized enterprises across the United States. It mainly serves clients in low-to-medium hazard industries, helping them mitigate workplace safety risks and meet relevant regulatory requirements for employee protection.

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.

EIG vs NGVT — Head-to-Head

Bigger by revenue
NGVT
NGVT
1.1× larger
NGVT
$185.4M
$170.5M
EIG
Growing faster (revenue YoY)
NGVT
NGVT
+58.0% gap
NGVT
36.7%
-21.3%
EIG
Faster 2-yr revenue CAGR
EIG
EIG
Annualised
EIG
-11.4%
-26.2%
NGVT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EIG
EIG
NGVT
NGVT
Revenue
$170.5M
$185.4M
Net Profit
$-84.6M
Gross Margin
41.2%
Operating Margin
-47.7%
Net Margin
-45.6%
Revenue YoY
-21.3%
36.7%
Net Profit YoY
-609.6%
EPS (diluted)
$-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
EIG
EIG
NGVT
NGVT
Q1 26
$170.5M
Q4 25
$188.5M
$185.4M
Q3 25
$239.3M
$333.1M
Q2 25
$246.3M
$365.1M
Q1 25
$202.6M
$284.0M
Q4 24
$216.6M
$135.6M
Q3 24
$224.0M
$333.8M
Q2 24
$217.0M
$390.6M
Net Profit
EIG
EIG
NGVT
NGVT
Q1 26
Q4 25
$-84.6M
Q3 25
$-8.3M
$43.5M
Q2 25
$29.7M
$-146.5M
Q1 25
$12.8M
$20.5M
Q4 24
$16.6M
Q3 24
$30.3M
$-107.2M
Q2 24
$31.7M
$-283.7M
Gross Margin
EIG
EIG
NGVT
NGVT
Q1 26
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%
Operating Margin
EIG
EIG
NGVT
NGVT
Q1 26
Q4 25
-47.7%
Q3 25
-4.7%
18.7%
Q2 25
15.0%
-39.1%
Q1 25
7.8%
9.4%
Q4 24
Q3 24
16.4%
33.0%
Q2 24
18.4%
25.9%
Net Margin
EIG
EIG
NGVT
NGVT
Q1 26
Q4 25
-45.6%
Q3 25
-3.5%
13.1%
Q2 25
12.1%
-40.1%
Q1 25
6.3%
7.2%
Q4 24
12.2%
Q3 24
13.5%
-32.1%
Q2 24
14.6%
-72.6%
EPS (diluted)
EIG
EIG
NGVT
NGVT
Q1 26
Q4 25
$-0.93
$-2.33
Q3 25
$-0.36
$1.18
Q2 25
$1.23
$-4.02
Q1 25
$0.52
$0.56
Q4 24
$1.14
$0.44
Q3 24
$1.21
$-2.94
Q2 24
$1.25
$-7.81

Balance Sheet & Financial Strength

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

Metric
EIG
EIG
NGVT
NGVT
Cash + ST InvestmentsLiquidity on hand
$169.9M
$78.1M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$955.7M
$29.7M
Total Assets
$3.4B
$1.7B
Debt / EquityLower = less leverage
39.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EIG
EIG
NGVT
NGVT
Q1 26
$169.9M
Q4 25
$169.9M
$78.1M
Q3 25
$172.4M
$83.4M
Q2 25
$78.1M
$76.9M
Q1 25
$100.4M
$71.5M
Q4 24
$68.4M
$68.0M
Q3 24
$173.9M
$135.5M
Q2 24
$126.4M
$107.4M
Total Debt
EIG
EIG
NGVT
NGVT
Q1 26
Q4 25
$19.0M
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.3B
Q4 24
$0
$1.3B
Q3 24
$1.4B
Q2 24
$1.4B
Stockholders' Equity
EIG
EIG
NGVT
NGVT
Q1 26
$955.7M
Q4 25
$955.7M
$29.7M
Q3 25
$1.0B
$138.1M
Q2 25
$1.1B
$120.7M
Q1 25
$1.1B
$234.6M
Q4 24
$1.1B
$195.2M
Q3 24
$1.1B
$214.5M
Q2 24
$1.0B
$284.8M
Total Assets
EIG
EIG
NGVT
NGVT
Q1 26
$3.4B
Q4 25
$3.4B
$1.7B
Q3 25
$3.5B
$1.8B
Q2 25
$3.5B
$1.9B
Q1 25
$3.6B
$2.1B
Q4 24
$3.5B
$2.0B
Q3 24
$3.6B
$2.2B
Q2 24
$3.5B
$2.3B
Debt / Equity
EIG
EIG
NGVT
NGVT
Q1 26
Q4 25
0.02×
39.10×
Q3 25
8.39×
Q2 25
10.24×
Q1 25
5.68×
Q4 24
0.00×
6.86×
Q3 24
6.52×
Q2 24
4.92×

Cash Flow & Capital Efficiency

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

Metric
EIG
EIG
NGVT
NGVT
Operating Cash FlowLast quarter
$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
EIG
EIG
NGVT
NGVT
Q1 26
Q4 25
$44.7M
$97.1M
Q3 25
$29.4M
$129.7M
Q2 25
$0
$79.0M
Q1 25
$14.6M
$25.4M
Q4 24
$76.4M
$64.5M
Q3 24
$51.0M
$46.5M
Q2 24
$11.7M
$29.7M
Free Cash Flow
EIG
EIG
NGVT
NGVT
Q1 26
Q4 25
$44.6M
$73.5M
Q3 25
$117.8M
Q2 25
$66.8M
Q1 25
$15.4M
Q4 24
$76.3M
$39.6M
Q3 24
$28.5M
Q2 24
$11.6M
FCF Margin
EIG
EIG
NGVT
NGVT
Q1 26
Q4 25
23.7%
39.6%
Q3 25
35.4%
Q2 25
18.3%
Q1 25
5.4%
Q4 24
35.2%
29.2%
Q3 24
8.5%
Q2 24
3.0%
Capex Intensity
EIG
EIG
NGVT
NGVT
Q1 26
Q4 25
0.1%
12.7%
Q3 25
3.6%
Q2 25
3.3%
Q1 25
3.5%
Q4 24
0.0%
18.4%
Q3 24
5.4%
Q2 24
4.6%
Cash Conversion
EIG
EIG
NGVT
NGVT
Q1 26
Q4 25
Q3 25
2.98×
Q2 25
0.00×
Q1 25
1.14×
1.24×
Q4 24
3.89×
Q3 24
1.68×
Q2 24
0.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EIG
EIG

Segment breakdown not available.

NGVT
NGVT

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

Related Comparisons