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

OLD NATIONAL BANCORP is the larger business by last-quarter revenue ($702.8M vs $455.6M, roughly 1.5× INNOSPEC INC.). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs 10.4%, a 22.8% gap on every dollar of revenue. On growth, OLD NATIONAL BANCORP posted the faster year-over-year revenue change (44.4% vs -2.4%). Over the past eight quarters, OLD NATIONAL BANCORP's revenue compounded faster (34.5% CAGR vs -4.6%).

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.

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

IOSP vs ONB — Head-to-Head

Bigger by revenue
ONB
ONB
1.5× larger
ONB
$702.8M
$455.6M
IOSP
Growing faster (revenue YoY)
ONB
ONB
+46.8% gap
ONB
44.4%
-2.4%
IOSP
Higher net margin
ONB
ONB
22.8% more per $
ONB
33.3%
10.4%
IOSP
Faster 2-yr revenue CAGR
ONB
ONB
Annualised
ONB
34.5%
-4.6%
IOSP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IOSP
IOSP
ONB
ONB
Revenue
$455.6M
$702.8M
Net Profit
$47.4M
$233.7M
Gross Margin
28.0%
Operating Margin
10.3%
Net Margin
10.4%
33.3%
Revenue YoY
-2.4%
44.4%
Net Profit YoY
167.3%
61.5%
EPS (diluted)
$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
IOSP
IOSP
ONB
ONB
Q1 26
$702.8M
Q4 25
$455.6M
$580.8M
Q3 25
$441.9M
$574.6M
Q2 25
$439.7M
$514.8M
Q1 25
$440.8M
$387.6M
Q4 24
$466.8M
$394.2M
Q3 24
$443.4M
$391.7M
Q2 24
$435.0M
$388.4M
Net Profit
IOSP
IOSP
ONB
ONB
Q1 26
$233.7M
Q4 25
$47.4M
$216.6M
Q3 25
$12.9M
$182.6M
Q2 25
$23.5M
$125.4M
Q1 25
$32.8M
$144.7M
Q4 24
$-70.4M
$153.9M
Q3 24
$33.4M
$143.8M
Q2 24
$31.2M
$121.2M
Gross Margin
IOSP
IOSP
ONB
ONB
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
IOSP
IOSP
ONB
ONB
Q1 26
Q4 25
10.3%
46.7%
Q3 25
1.3%
40.5%
Q2 25
7.8%
30.2%
Q1 25
9.6%
46.8%
Q4 24
8.8%
47.2%
Q3 24
10.3%
47.2%
Q2 24
9.4%
40.3%
Net Margin
IOSP
IOSP
ONB
ONB
Q1 26
33.3%
Q4 25
10.4%
37.3%
Q3 25
2.9%
31.8%
Q2 25
5.3%
24.4%
Q1 25
7.4%
37.3%
Q4 24
-15.1%
39.0%
Q3 24
7.5%
36.7%
Q2 24
7.2%
31.2%
EPS (diluted)
IOSP
IOSP
ONB
ONB
Q1 26
Q4 25
$1.90
$0.55
Q3 25
$0.52
$0.46
Q2 25
$0.94
$0.34
Q1 25
$1.31
$0.44
Q4 24
$-2.80
$0.47
Q3 24
$1.33
$0.44
Q2 24
$1.24
$0.37

Balance Sheet & Financial Strength

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

Metric
IOSP
IOSP
ONB
ONB
Cash + ST InvestmentsLiquidity on hand
$292.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$8.5B
Total Assets
$1.8B
$73.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IOSP
IOSP
ONB
ONB
Q1 26
Q4 25
$292.5M
$1.8B
Q3 25
$270.8M
$1.7B
Q2 25
$266.6M
$1.8B
Q1 25
$299.8M
$1.2B
Q4 24
$289.2M
$1.2B
Q3 24
$303.8M
$1.2B
Q2 24
$240.2M
$1.2B
Stockholders' Equity
IOSP
IOSP
ONB
ONB
Q1 26
$8.5B
Q4 25
$1.3B
$8.5B
Q3 25
$1.3B
$8.3B
Q2 25
$1.3B
$8.1B
Q1 25
$1.3B
$6.5B
Q4 24
$1.2B
$6.3B
Q3 24
$1.2B
$6.4B
Q2 24
$1.2B
$6.1B
Total Assets
IOSP
IOSP
ONB
ONB
Q1 26
$73.0B
Q4 25
$1.8B
$72.2B
Q3 25
$1.8B
$71.2B
Q2 25
$1.8B
$71.0B
Q1 25
$1.8B
$53.9B
Q4 24
$1.7B
$53.6B
Q3 24
$1.8B
$53.6B
Q2 24
$1.7B
$53.1B

Cash Flow & Capital Efficiency

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

Metric
IOSP
IOSP
ONB
ONB
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
IOSP
IOSP
ONB
ONB
Q1 26
Q4 25
$61.4M
$159.2M
Q3 25
$39.3M
$341.2M
Q2 25
$9.3M
$72.9M
Q1 25
$28.3M
$108.2M
Q4 24
$25.7M
$235.8M
Q3 24
$73.5M
$121.3M
Q2 24
$4.7M
$161.0M
Free Cash Flow
IOSP
IOSP
ONB
ONB
Q1 26
Q4 25
$46.8M
$137.3M
Q3 25
$25.0M
$333.6M
Q2 25
$-3.7M
$64.1M
Q1 25
$19.9M
$102.4M
Q4 24
$13.6M
$229.0M
Q3 24
$65.8M
$115.7M
Q2 24
$-6.2M
$151.6M
FCF Margin
IOSP
IOSP
ONB
ONB
Q1 26
Q4 25
10.3%
23.6%
Q3 25
5.7%
58.1%
Q2 25
-0.8%
12.4%
Q1 25
4.5%
26.4%
Q4 24
2.9%
58.1%
Q3 24
14.8%
29.5%
Q2 24
-1.4%
39.0%
Capex Intensity
IOSP
IOSP
ONB
ONB
Q1 26
Q4 25
3.2%
3.8%
Q3 25
3.2%
1.3%
Q2 25
3.0%
1.7%
Q1 25
1.9%
1.5%
Q4 24
2.6%
1.7%
Q3 24
1.7%
1.4%
Q2 24
2.5%
2.4%
Cash Conversion
IOSP
IOSP
ONB
ONB
Q1 26
Q4 25
1.30×
0.73×
Q3 25
3.05×
1.87×
Q2 25
0.40×
0.58×
Q1 25
0.86×
0.75×
Q4 24
1.53×
Q3 24
2.20×
0.84×
Q2 24
0.15×
1.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

ONB
ONB

Segment breakdown not available.

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