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

loanDepot, Inc. is the larger business by last-quarter revenue ($310.3M vs $185.4M, roughly 1.7× Ingevity Corp). loanDepot, Inc. runs the higher net margin — -7.2% vs -45.6%, a 38.4% gap on every dollar of revenue. On growth, Ingevity Corp posted the faster year-over-year revenue change (36.7% vs 20.5%). Ingevity Corp produced more free cash flow last quarter ($73.5M vs $-648.0M). Over the past eight quarters, loanDepot, Inc.'s revenue compounded faster (18.0% CAGR vs -26.2%).

LoanDepot, sometimes stylized as loanDepot, is an Irvine, California-based nonbank holding company which sells mortgage and non-mortgage lending products.

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.

LDI vs NGVT — Head-to-Head

Bigger by revenue
LDI
LDI
1.7× larger
LDI
$310.3M
$185.4M
NGVT
Growing faster (revenue YoY)
NGVT
NGVT
+16.2% gap
NGVT
36.7%
20.5%
LDI
Higher net margin
LDI
LDI
38.4% more per $
LDI
-7.2%
-45.6%
NGVT
More free cash flow
NGVT
NGVT
$721.5M more FCF
NGVT
$73.5M
$-648.0M
LDI
Faster 2-yr revenue CAGR
LDI
LDI
Annualised
LDI
18.0%
-26.2%
NGVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LDI
LDI
NGVT
NGVT
Revenue
$310.3M
$185.4M
Net Profit
$-22.5M
$-84.6M
Gross Margin
41.2%
Operating Margin
-10.3%
-47.7%
Net Margin
-7.2%
-45.6%
Revenue YoY
20.5%
36.7%
Net Profit YoY
32.4%
-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
LDI
LDI
NGVT
NGVT
Q4 25
$310.3M
$185.4M
Q3 25
$323.3M
$333.1M
Q2 25
$282.5M
$365.1M
Q1 25
$273.6M
$284.0M
Q4 24
$257.5M
$135.6M
Q3 24
$314.6M
$333.8M
Q2 24
$265.4M
$390.6M
Q1 24
$222.8M
$340.1M
Net Profit
LDI
LDI
NGVT
NGVT
Q4 25
$-22.5M
$-84.6M
Q3 25
$-4.9M
$43.5M
Q2 25
$-13.4M
$-146.5M
Q1 25
$-21.9M
$20.5M
Q4 24
$-33.2M
$16.6M
Q3 24
$1.4M
$-107.2M
Q2 24
$-32.2M
$-283.7M
Q1 24
$-34.3M
$-56.0M
Gross Margin
LDI
LDI
NGVT
NGVT
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%
Q1 24
29.3%
Operating Margin
LDI
LDI
NGVT
NGVT
Q4 25
-10.3%
-47.7%
Q3 25
-3.2%
18.7%
Q2 25
-11.4%
-39.1%
Q1 25
-16.8%
9.4%
Q4 24
-32.7%
Q3 24
1.1%
33.0%
Q2 24
-29.1%
25.9%
Q1 24
-38.2%
22.6%
Net Margin
LDI
LDI
NGVT
NGVT
Q4 25
-7.2%
-45.6%
Q3 25
-1.5%
13.1%
Q2 25
-4.7%
-40.1%
Q1 25
-8.0%
7.2%
Q4 24
-12.9%
12.2%
Q3 24
0.4%
-32.1%
Q2 24
-12.1%
-72.6%
Q1 24
-15.4%
-16.5%
EPS (diluted)
LDI
LDI
NGVT
NGVT
Q4 25
$-2.33
Q3 25
$1.18
Q2 25
$-4.02
Q1 25
$0.56
Q4 24
$0.44
Q3 24
$0.01
$-2.94
Q2 24
$-0.18
$-7.81
Q1 24
$-0.19
$-1.54

Balance Sheet & Financial Strength

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

Metric
LDI
LDI
NGVT
NGVT
Cash + ST InvestmentsLiquidity on hand
$337.2M
$78.1M
Total DebtLower is stronger
$2.1B
$1.2B
Stockholders' EquityBook value
$386.0M
$29.7M
Total Assets
$6.9B
$1.7B
Debt / EquityLower = less leverage
5.44×
39.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LDI
LDI
NGVT
NGVT
Q4 25
$337.2M
$78.1M
Q3 25
$459.2M
$83.4M
Q2 25
$408.6M
$76.9M
Q1 25
$371.5M
$71.5M
Q4 24
$421.6M
$68.0M
Q3 24
$483.0M
$135.5M
Q2 24
$533.2M
$107.4M
Q1 24
$603.7M
$88.5M
Total Debt
LDI
LDI
NGVT
NGVT
Q4 25
$2.1B
$1.2B
Q3 25
$2.1B
$1.2B
Q2 25
$2.1B
$1.2B
Q1 25
$2.0B
$1.3B
Q4 24
$2.0B
$1.3B
Q3 24
$2.0B
$1.4B
Q2 24
$2.0B
$1.4B
Q1 24
$2.3B
$1.4B
Stockholders' Equity
LDI
LDI
NGVT
NGVT
Q4 25
$386.0M
$29.7M
Q3 25
$433.3M
$138.1M
Q2 25
$439.1M
$120.7M
Q1 25
$469.3M
$234.6M
Q4 24
$506.6M
$195.2M
Q3 24
$592.0M
$214.5M
Q2 24
$578.9M
$284.8M
Q1 24
$637.3M
$568.2M
Total Assets
LDI
LDI
NGVT
NGVT
Q4 25
$6.9B
$1.7B
Q3 25
$6.2B
$1.8B
Q2 25
$6.2B
$1.9B
Q1 25
$6.4B
$2.1B
Q4 24
$6.3B
$2.0B
Q3 24
$6.4B
$2.2B
Q2 24
$5.9B
$2.3B
Q1 24
$6.2B
$2.6B
Debt / Equity
LDI
LDI
NGVT
NGVT
Q4 25
5.44×
39.10×
Q3 25
4.83×
8.39×
Q2 25
4.70×
10.24×
Q1 25
4.30×
5.68×
Q4 24
4.00×
6.86×
Q3 24
3.31×
6.52×
Q2 24
3.41×
4.92×
Q1 24
3.63×
2.48×

Cash Flow & Capital Efficiency

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

Metric
LDI
LDI
NGVT
NGVT
Operating Cash FlowLast quarter
$-638.7M
$97.1M
Free Cash FlowOCF − Capex
$-648.0M
$73.5M
FCF MarginFCF / Revenue
-208.9%
39.6%
Capex IntensityCapex / Revenue
3.0%
12.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-734.6M
$273.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LDI
LDI
NGVT
NGVT
Q4 25
$-638.7M
$97.1M
Q3 25
$43.4M
$129.7M
Q2 25
$67.6M
$79.0M
Q1 25
$-179.9M
$25.4M
Q4 24
$47.7M
$64.5M
Q3 24
$-349.2M
$46.5M
Q2 24
$-278.3M
$29.7M
Q1 24
$-278.5M
$-12.1M
Free Cash Flow
LDI
LDI
NGVT
NGVT
Q4 25
$-648.0M
$73.5M
Q3 25
$38.7M
$117.8M
Q2 25
$61.4M
$66.8M
Q1 25
$-186.7M
$15.4M
Q4 24
$40.8M
$39.6M
Q3 24
$-356.4M
$28.5M
Q2 24
$-285.7M
$11.6M
Q1 24
$-283.3M
$-28.7M
FCF Margin
LDI
LDI
NGVT
NGVT
Q4 25
-208.9%
39.6%
Q3 25
12.0%
35.4%
Q2 25
21.7%
18.3%
Q1 25
-68.2%
5.4%
Q4 24
15.8%
29.2%
Q3 24
-113.3%
8.5%
Q2 24
-107.7%
3.0%
Q1 24
-127.2%
-8.4%
Capex Intensity
LDI
LDI
NGVT
NGVT
Q4 25
3.0%
12.7%
Q3 25
1.5%
3.6%
Q2 25
2.2%
3.3%
Q1 25
2.5%
3.5%
Q4 24
2.7%
18.4%
Q3 24
2.3%
5.4%
Q2 24
2.8%
4.6%
Q1 24
2.1%
4.9%
Cash Conversion
LDI
LDI
NGVT
NGVT
Q4 25
Q3 25
2.98×
Q2 25
Q1 25
1.24×
Q4 24
3.89×
Q3 24
-255.05×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LDI
LDI

Segment breakdown not available.

NGVT
NGVT

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

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