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

Hayward Holdings, Inc. is the larger business by last-quarter revenue ($255.2M vs $185.4M, roughly 1.4× Ingevity Corp). Hayward Holdings, Inc. runs the higher net margin — 9.2% vs -45.6%, a 54.8% gap on every dollar of revenue. On growth, Ingevity Corp posted the faster year-over-year revenue change (36.7% vs 11.5%). Over the past eight quarters, Hayward Holdings, Inc.'s revenue compounded faster (-5.3% CAGR vs -26.2%).

Bartlett-Hayward Company was an American metalworking company with large foundry, fabrication, and construction business lines, located in Baltimore, Maryland. Founded in the 1830s, it was independent until 1925 and since 1927 was owned by Koppers, of which it remained a division long afterward.

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.

HAYW vs NGVT — Head-to-Head

Bigger by revenue
HAYW
HAYW
1.4× larger
HAYW
$255.2M
$185.4M
NGVT
Growing faster (revenue YoY)
NGVT
NGVT
+25.2% gap
NGVT
36.7%
11.5%
HAYW
Higher net margin
HAYW
HAYW
54.8% more per $
HAYW
9.2%
-45.6%
NGVT
Faster 2-yr revenue CAGR
HAYW
HAYW
Annualised
HAYW
-5.3%
-26.2%
NGVT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HAYW
HAYW
NGVT
NGVT
Revenue
$255.2M
$185.4M
Net Profit
$23.4M
$-84.6M
Gross Margin
46.5%
41.2%
Operating Margin
16.6%
-47.7%
Net Margin
9.2%
-45.6%
Revenue YoY
11.5%
36.7%
Net Profit YoY
63.0%
-609.6%
EPS (diluted)
$0.11
$-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
HAYW
HAYW
NGVT
NGVT
Q1 26
$255.2M
Q4 25
$349.4M
$185.4M
Q3 25
$244.3M
$333.1M
Q2 25
$299.6M
$365.1M
Q1 25
$228.8M
$284.0M
Q4 24
$327.1M
$135.6M
Q3 24
$227.6M
$333.8M
Q2 24
$284.4M
$390.6M
Net Profit
HAYW
HAYW
NGVT
NGVT
Q1 26
$23.4M
Q4 25
$68.4M
$-84.6M
Q3 25
$24.0M
$43.5M
Q2 25
$44.8M
$-146.5M
Q1 25
$14.3M
$20.5M
Q4 24
$54.7M
$16.6M
Q3 24
$16.5M
$-107.2M
Q2 24
$37.6M
$-283.7M
Gross Margin
HAYW
HAYW
NGVT
NGVT
Q1 26
46.5%
Q4 25
40.7%
41.2%
Q3 25
51.2%
40.2%
Q2 25
52.7%
37.8%
Q1 25
49.5%
39.9%
Q4 24
51.4%
81.3%
Q3 24
49.7%
39.4%
Q2 24
51.0%
31.5%
Operating Margin
HAYW
HAYW
NGVT
NGVT
Q1 26
16.6%
Q4 25
25.0%
-47.7%
Q3 25
16.8%
18.7%
Q2 25
23.8%
-39.1%
Q1 25
14.6%
9.4%
Q4 24
23.4%
Q3 24
14.7%
33.0%
Q2 24
23.9%
25.9%
Net Margin
HAYW
HAYW
NGVT
NGVT
Q1 26
9.2%
Q4 25
19.6%
-45.6%
Q3 25
9.8%
13.1%
Q2 25
15.0%
-40.1%
Q1 25
6.3%
7.2%
Q4 24
16.7%
12.2%
Q3 24
7.3%
-32.1%
Q2 24
13.2%
-72.6%
EPS (diluted)
HAYW
HAYW
NGVT
NGVT
Q1 26
$0.11
Q4 25
$0.31
$-2.33
Q3 25
$0.11
$1.18
Q2 25
$0.20
$-4.02
Q1 25
$0.06
$0.56
Q4 24
$0.26
$0.44
Q3 24
$0.07
$-2.94
Q2 24
$0.17
$-7.81

Balance Sheet & Financial Strength

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

Metric
HAYW
HAYW
NGVT
NGVT
Cash + ST InvestmentsLiquidity on hand
$230.7M
$78.1M
Total DebtLower is stronger
$11.1M
$1.2B
Stockholders' EquityBook value
$1.6B
$29.7M
Total Assets
$3.1B
$1.7B
Debt / EquityLower = less leverage
0.01×
39.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAYW
HAYW
NGVT
NGVT
Q1 26
$230.7M
Q4 25
$399.1M
$78.1M
Q3 25
$448.3M
$83.4M
Q2 25
$365.1M
$76.9M
Q1 25
$181.3M
$71.5M
Q4 24
$196.6M
$68.0M
Q3 24
$274.2M
$135.5M
Q2 24
$215.1M
$107.4M
Total Debt
HAYW
HAYW
NGVT
NGVT
Q1 26
$11.1M
Q4 25
$943.5M
$1.2B
Q3 25
$947.7M
$1.2B
Q2 25
$949.1M
$1.2B
Q1 25
$950.4M
$1.3B
Q4 24
$950.6M
$1.3B
Q3 24
$959.9M
$1.4B
Q2 24
$959.8M
$1.4B
Stockholders' Equity
HAYW
HAYW
NGVT
NGVT
Q1 26
$1.6B
Q4 25
$1.6B
$29.7M
Q3 25
$1.5B
$138.1M
Q2 25
$1.5B
$120.7M
Q1 25
$1.4B
$234.6M
Q4 24
$1.4B
$195.2M
Q3 24
$1.4B
$214.5M
Q2 24
$1.4B
$284.8M
Total Assets
HAYW
HAYW
NGVT
NGVT
Q1 26
$3.1B
Q4 25
$3.2B
$1.7B
Q3 25
$3.0B
$1.8B
Q2 25
$3.0B
$1.9B
Q1 25
$3.0B
$2.1B
Q4 24
$3.0B
$2.0B
Q3 24
$2.9B
$2.2B
Q2 24
$2.9B
$2.3B
Debt / Equity
HAYW
HAYW
NGVT
NGVT
Q1 26
0.01×
Q4 25
0.59×
39.10×
Q3 25
0.62×
8.39×
Q2 25
0.63×
10.24×
Q1 25
0.66×
5.68×
Q4 24
0.67×
6.86×
Q3 24
0.70×
6.52×
Q2 24
0.71×
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
HAYW
HAYW
NGVT
NGVT
Operating Cash FlowLast quarter
$-150.6M
$97.1M
Free Cash FlowOCF − Capex
$73.5M
FCF MarginFCF / Revenue
39.6%
Capex IntensityCapex / Revenue
12.7%
Cash ConversionOCF / Net Profit
-6.45×
TTM Free Cash FlowTrailing 4 quarters
$273.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAYW
HAYW
NGVT
NGVT
Q1 26
$-150.6M
Q4 25
$-26.9M
$97.1M
Q3 25
$94.6M
$129.7M
Q2 25
$194.2M
$79.0M
Q1 25
$-5.8M
$25.4M
Q4 24
$-63.7M
$64.5M
Q3 24
$65.9M
$46.5M
Q2 24
$287.0M
$29.7M
Free Cash Flow
HAYW
HAYW
NGVT
NGVT
Q1 26
Q4 25
$-35.8M
$73.5M
Q3 25
$87.2M
$117.8M
Q2 25
$187.3M
$66.8M
Q1 25
$-11.4M
$15.4M
Q4 24
$-70.4M
$39.6M
Q3 24
$59.1M
$28.5M
Q2 24
$282.3M
$11.6M
FCF Margin
HAYW
HAYW
NGVT
NGVT
Q1 26
Q4 25
-10.3%
39.6%
Q3 25
35.7%
35.4%
Q2 25
62.5%
18.3%
Q1 25
-5.0%
5.4%
Q4 24
-21.5%
29.2%
Q3 24
26.0%
8.5%
Q2 24
99.3%
3.0%
Capex Intensity
HAYW
HAYW
NGVT
NGVT
Q1 26
Q4 25
2.5%
12.7%
Q3 25
3.0%
3.6%
Q2 25
2.3%
3.3%
Q1 25
2.4%
3.5%
Q4 24
2.1%
18.4%
Q3 24
3.0%
5.4%
Q2 24
1.7%
4.6%
Cash Conversion
HAYW
HAYW
NGVT
NGVT
Q1 26
-6.45×
Q4 25
-0.39×
Q3 25
3.94×
2.98×
Q2 25
4.34×
Q1 25
-0.41×
1.24×
Q4 24
-1.16×
3.89×
Q3 24
4.00×
Q2 24
7.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HAYW
HAYW

Segment breakdown not available.

NGVT
NGVT

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

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