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

SLM Corp is the larger business by last-quarter revenue ($560.0M vs $455.6M, roughly 1.2× INNOSPEC INC.). SLM Corp runs the higher net margin — 55.0% vs 10.4%, a 44.6% gap on every dollar of revenue. Over the past eight quarters, SLM Corp's revenue compounded faster (22.7% 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.

Nikon SLM Solutions AG, headquartered in Lübeck, Germany, is a manufacturer of 3D metal printers listed on the stock market and co-owner of the word mark SLM. The shares of SLM Solutions Group AG have been listed in Prime Standard of the Frankfurt Stock Exchange since May 9, 2014.

IOSP vs SLM — Head-to-Head

Bigger by revenue
SLM
SLM
1.2× larger
SLM
$560.0M
$455.6M
IOSP
Higher net margin
SLM
SLM
44.6% more per $
SLM
55.0%
10.4%
IOSP
Faster 2-yr revenue CAGR
SLM
SLM
Annualised
SLM
22.7%
-4.6%
IOSP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IOSP
IOSP
SLM
SLM
Revenue
$455.6M
$560.0M
Net Profit
$47.4M
$308.0M
Gross Margin
28.0%
Operating Margin
10.3%
69.6%
Net Margin
10.4%
55.0%
Revenue YoY
-2.4%
Net Profit YoY
167.3%
1.0%
EPS (diluted)
$1.90
$1.54

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
SLM
SLM
Q1 26
$560.0M
Q4 25
$455.6M
$377.1M
Q3 25
$441.9M
$373.0M
Q2 25
$439.7M
$376.8M
Q1 25
$440.8M
$375.0M
Q4 24
$466.8M
$362.2M
Q3 24
$443.4M
$359.4M
Q2 24
$435.0M
$372.2M
Net Profit
IOSP
IOSP
SLM
SLM
Q1 26
$308.0M
Q4 25
$47.4M
$233.2M
Q3 25
$12.9M
$135.8M
Q2 25
$23.5M
$71.3M
Q1 25
$32.8M
$304.5M
Q4 24
$-70.4M
$111.6M
Q3 24
$33.4M
$-45.2M
Q2 24
$31.2M
$252.0M
Gross Margin
IOSP
IOSP
SLM
SLM
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
SLM
SLM
Q1 26
69.6%
Q4 25
10.3%
83.8%
Q3 25
1.3%
49.8%
Q2 25
7.8%
23.3%
Q1 25
9.6%
Q4 24
8.8%
36.5%
Q3 24
10.3%
-16.6%
Q2 24
9.4%
91.0%
Net Margin
IOSP
IOSP
SLM
SLM
Q1 26
55.0%
Q4 25
10.4%
61.8%
Q3 25
2.9%
36.4%
Q2 25
5.3%
18.9%
Q1 25
7.4%
81.2%
Q4 24
-15.1%
30.8%
Q3 24
7.5%
-12.6%
Q2 24
7.2%
67.7%
EPS (diluted)
IOSP
IOSP
SLM
SLM
Q1 26
$1.54
Q4 25
$1.90
$1.11
Q3 25
$0.52
$0.63
Q2 25
$0.94
$0.32
Q1 25
$1.31
$1.40
Q4 24
$-2.80
$0.53
Q3 24
$1.33
$-0.23
Q2 24
$1.24
$1.11

Balance Sheet & Financial Strength

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

Metric
IOSP
IOSP
SLM
SLM
Cash + ST InvestmentsLiquidity on hand
$292.5M
$5.2B
Total DebtLower is stronger
$6.2B
Stockholders' EquityBook value
$1.3B
$2.4B
Total Assets
$1.8B
$29.4B
Debt / EquityLower = less leverage
2.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IOSP
IOSP
SLM
SLM
Q1 26
$5.2B
Q4 25
$292.5M
$4.2B
Q3 25
$270.8M
$3.5B
Q2 25
$266.6M
$4.1B
Q1 25
$299.8M
$3.7B
Q4 24
$289.2M
$4.7B
Q3 24
$303.8M
$4.5B
Q2 24
$240.2M
$5.3B
Total Debt
IOSP
IOSP
SLM
SLM
Q1 26
$6.2B
Q4 25
$5.4B
Q3 25
$6.8B
Q2 25
$6.4B
Q1 25
$6.1B
Q4 24
$6.4B
Q3 24
$6.0B
Q2 24
$5.4B
Stockholders' Equity
IOSP
IOSP
SLM
SLM
Q1 26
$2.4B
Q4 25
$1.3B
$2.5B
Q3 25
$1.3B
$2.3B
Q2 25
$1.3B
$2.4B
Q1 25
$1.3B
$2.4B
Q4 24
$1.2B
$2.2B
Q3 24
$1.2B
$2.1B
Q2 24
$1.2B
$2.3B
Total Assets
IOSP
IOSP
SLM
SLM
Q1 26
$29.4B
Q4 25
$1.8B
$29.7B
Q3 25
$1.8B
$29.6B
Q2 25
$1.8B
$29.6B
Q1 25
$1.8B
$28.9B
Q4 24
$1.7B
$30.1B
Q3 24
$1.8B
$30.0B
Q2 24
$1.7B
$28.8B
Debt / Equity
IOSP
IOSP
SLM
SLM
Q1 26
2.53×
Q4 25
2.19×
Q3 25
2.92×
Q2 25
2.70×
Q1 25
2.56×
Q4 24
2.98×
Q3 24
2.83×
Q2 24
2.37×

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
SLM
SLM
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
SLM
SLM
Q1 26
Q4 25
$61.4M
$-64.5M
Q3 25
$39.3M
$-49.3M
Q2 25
$9.3M
$-138.7M
Q1 25
$28.3M
$-146.1M
Q4 24
$25.7M
$4.5M
Q3 24
$73.5M
$-113.4M
Q2 24
$4.7M
$-143.8M
Free Cash Flow
IOSP
IOSP
SLM
SLM
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
IOSP
IOSP
SLM
SLM
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
IOSP
IOSP
SLM
SLM
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
IOSP
IOSP
SLM
SLM
Q1 26
Q4 25
1.30×
-0.28×
Q3 25
3.05×
-0.36×
Q2 25
0.40×
-1.95×
Q1 25
0.86×
-0.48×
Q4 24
0.04×
Q3 24
2.20×
Q2 24
0.15×
-0.57×

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%

SLM
SLM

Net Interest Income$375.0M67%
Noninterest Income$185.0M33%

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