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Side-by-side financial comparison of EAST WEST BANCORP INC (EWBC) and INNOSPEC INC. (IOSP). Click either name above to swap in a different company.

EAST WEST BANCORP INC is the larger business by last-quarter revenue ($774.0M vs $455.6M, roughly 1.7× INNOSPEC INC.). EAST WEST BANCORP INC runs the higher net margin — 46.3% vs 10.4%, a 35.8% gap on every dollar of revenue. On growth, EAST WEST BANCORP INC posted the faster year-over-year revenue change (11.8% vs -2.4%). Over the past eight quarters, EAST WEST BANCORP INC's revenue compounded faster (18.3% CAGR vs -4.6%).

East West Bank is an American bank that is the primary subsidiary of East West Bancorp. It is the largest publicly traded bank headquartered in Southern California. The company has been ranked the #1 performing U.S. bank with more than $10 billion in assets by S&P Global Market Intelligence, and the top performing bank in its asset size by Bank Director for three straight years since 2023.

Innospec Inc., formerly known as Octel Corporation and Associated Octel Company, Ltd., is an American specialty chemical company. It comprises three business units:The Performance Chemicals business trades in the personal care, home care, agrochemical, mining and industrial markets. The Fuel Specialties business specializes in manufacturing and supplying fuel additives. The Oilfield Services business supplies drilling, completion and production chemicals.

EWBC vs IOSP — Head-to-Head

Bigger by revenue
EWBC
EWBC
1.7× larger
EWBC
$774.0M
$455.6M
IOSP
Growing faster (revenue YoY)
EWBC
EWBC
+14.2% gap
EWBC
11.8%
-2.4%
IOSP
Higher net margin
EWBC
EWBC
35.8% more per $
EWBC
46.3%
10.4%
IOSP
Faster 2-yr revenue CAGR
EWBC
EWBC
Annualised
EWBC
18.3%
-4.6%
IOSP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EWBC
EWBC
IOSP
IOSP
Revenue
$774.0M
$455.6M
Net Profit
$358.0M
$47.4M
Gross Margin
28.0%
Operating Margin
10.3%
Net Margin
46.3%
10.4%
Revenue YoY
11.8%
-2.4%
Net Profit YoY
0.4%
167.3%
EPS (diluted)
$2.57
$1.90

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
EWBC
EWBC
IOSP
IOSP
Q1 26
$774.0M
Q4 25
$657.8M
$455.6M
Q3 25
$677.5M
$441.9M
Q2 25
$617.1M
$439.7M
Q1 25
$600.2M
$440.8M
Q4 24
$587.6M
$466.8M
Q3 24
$572.7M
$443.4M
Q2 24
$553.2M
$435.0M
Net Profit
EWBC
EWBC
IOSP
IOSP
Q1 26
$358.0M
Q4 25
$356.3M
$47.4M
Q3 25
$368.4M
$12.9M
Q2 25
$310.3M
$23.5M
Q1 25
$290.3M
$32.8M
Q4 24
$293.1M
$-70.4M
Q3 24
$299.2M
$33.4M
Q2 24
$288.2M
$31.2M
Gross Margin
EWBC
EWBC
IOSP
IOSP
Q1 26
Q4 25
28.0%
Q3 25
26.4%
Q2 25
28.0%
Q1 25
28.4%
Q4 24
29.2%
Q3 24
28.0%
Q2 24
29.2%
Operating Margin
EWBC
EWBC
IOSP
IOSP
Q1 26
Q4 25
71.0%
10.3%
Q3 25
68.6%
1.3%
Q2 25
65.2%
7.8%
Q1 25
65.2%
9.6%
Q4 24
60.6%
8.8%
Q3 24
68.0%
10.3%
Q2 24
65.9%
9.4%
Net Margin
EWBC
EWBC
IOSP
IOSP
Q1 26
46.3%
Q4 25
54.2%
10.4%
Q3 25
54.4%
2.9%
Q2 25
50.3%
5.3%
Q1 25
48.4%
7.4%
Q4 24
49.9%
-15.1%
Q3 24
52.2%
7.5%
Q2 24
52.1%
7.2%
EPS (diluted)
EWBC
EWBC
IOSP
IOSP
Q1 26
$2.57
Q4 25
$2.55
$1.90
Q3 25
$2.65
$0.52
Q2 25
$2.24
$0.94
Q1 25
$2.08
$1.31
Q4 24
$2.10
$-2.80
Q3 24
$2.14
$1.33
Q2 24
$2.06
$1.24

Balance Sheet & Financial Strength

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

Metric
EWBC
EWBC
IOSP
IOSP
Cash + ST InvestmentsLiquidity on hand
$292.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0B
$1.3B
Total Assets
$82.9B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EWBC
EWBC
IOSP
IOSP
Q1 26
Q4 25
$4.2B
$292.5M
Q3 25
$4.7B
$270.8M
Q2 25
$4.4B
$266.6M
Q1 25
$3.4B
$299.8M
Q4 24
$5.3B
$289.2M
Q3 24
$4.9B
$303.8M
Q2 24
$4.4B
$240.2M
Total Debt
EWBC
EWBC
IOSP
IOSP
Q1 26
Q4 25
$35.6M
Q3 25
$35.7M
Q2 25
$35.8M
Q1 25
$35.9M
Q4 24
$36.0M
Q3 24
$36.1M
Q2 24
$36.1M
Stockholders' Equity
EWBC
EWBC
IOSP
IOSP
Q1 26
$9.0B
Q4 25
$8.9B
$1.3B
Q3 25
$8.6B
$1.3B
Q2 25
$8.2B
$1.3B
Q1 25
$7.9B
$1.3B
Q4 24
$7.7B
$1.2B
Q3 24
$7.7B
$1.2B
Q2 24
$7.2B
$1.2B
Total Assets
EWBC
EWBC
IOSP
IOSP
Q1 26
$82.9B
Q4 25
$80.4B
$1.8B
Q3 25
$79.7B
$1.8B
Q2 25
$78.2B
$1.8B
Q1 25
$76.2B
$1.8B
Q4 24
$76.0B
$1.7B
Q3 24
$74.5B
$1.8B
Q2 24
$72.5B
$1.7B
Debt / Equity
EWBC
EWBC
IOSP
IOSP
Q1 26
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.01×

Cash Flow & Capital Efficiency

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

Metric
EWBC
EWBC
IOSP
IOSP
Operating Cash FlowLast quarter
$61.4M
Free Cash FlowOCF − Capex
$46.8M
FCF MarginFCF / Revenue
10.3%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
1.30×
TTM Free Cash FlowTrailing 4 quarters
$88.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EWBC
EWBC
IOSP
IOSP
Q1 26
Q4 25
$713.4M
$61.4M
Q3 25
$231.7M
$39.3M
Q2 25
$278.7M
$9.3M
Q1 25
$277.9M
$28.3M
Q4 24
$500.1M
$25.7M
Q3 24
$386.1M
$73.5M
Q2 24
$259.2M
$4.7M
Free Cash Flow
EWBC
EWBC
IOSP
IOSP
Q1 26
Q4 25
$46.8M
Q3 25
$25.0M
Q2 25
$-3.7M
Q1 25
$19.9M
Q4 24
$13.6M
Q3 24
$65.8M
Q2 24
$-6.2M
FCF Margin
EWBC
EWBC
IOSP
IOSP
Q1 26
Q4 25
10.3%
Q3 25
5.7%
Q2 25
-0.8%
Q1 25
4.5%
Q4 24
2.9%
Q3 24
14.8%
Q2 24
-1.4%
Capex Intensity
EWBC
EWBC
IOSP
IOSP
Q1 26
Q4 25
3.2%
Q3 25
3.2%
Q2 25
3.0%
Q1 25
1.9%
Q4 24
2.6%
Q3 24
1.7%
Q2 24
2.5%
Cash Conversion
EWBC
EWBC
IOSP
IOSP
Q1 26
Q4 25
2.00×
1.30×
Q3 25
0.63×
3.05×
Q2 25
0.90×
0.40×
Q1 25
0.96×
0.86×
Q4 24
1.71×
Q3 24
1.29×
2.20×
Q2 24
0.90×
0.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EWBC
EWBC

Segment breakdown not available.

IOSP
IOSP

Refinery And Performance$147.0M32%
Personal Care$99.7M22%
Oilfield Services$93.1M20%
Other Fuel Specialties$47.1M10%
Other Performance Chemicals$40.0M9%
Home Care$28.7M6%

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