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Side-by-side financial comparison of MOTORCAR PARTS OF AMERICA INC (MPAA) and Ingevity Corp (NGVT). Click either name above to swap in a different company.

Ingevity Corp is the larger business by last-quarter revenue ($185.4M vs $167.7M, roughly 1.1× MOTORCAR PARTS OF AMERICA INC). MOTORCAR PARTS OF AMERICA INC runs the higher net margin — 1.1% vs -45.6%, a 46.7% gap on every dollar of revenue. On growth, Ingevity Corp posted the faster year-over-year revenue change (36.7% vs -9.9%). Ingevity Corp produced more free cash flow last quarter ($73.5M vs $-8.6M). Over the past eight quarters, MOTORCAR PARTS OF AMERICA INC's revenue compounded faster (-5.9% CAGR vs -26.2%).

Toyota Motor North America (TMNA) is the operating subsidiary that oversees all operations of the Toyota Motor Corporation in Canada, Mexico, and the United States. Its operations include research and development, manufacturing, sales, marketing, after sales and corporate functions, which are controlled by TMNA but sometimes executed by other subsidiaries and holding companies. The company is headquartered in Plano, Texas, with offices in several locations including Georgetown, Kentucky, Ann ...

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.

MPAA vs NGVT — Head-to-Head

Bigger by revenue
NGVT
NGVT
1.1× larger
NGVT
$185.4M
$167.7M
MPAA
Growing faster (revenue YoY)
NGVT
NGVT
+46.7% gap
NGVT
36.7%
-9.9%
MPAA
Higher net margin
MPAA
MPAA
46.7% more per $
MPAA
1.1%
-45.6%
NGVT
More free cash flow
NGVT
NGVT
$82.1M more FCF
NGVT
$73.5M
$-8.6M
MPAA
Faster 2-yr revenue CAGR
MPAA
MPAA
Annualised
MPAA
-5.9%
-26.2%
NGVT

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MPAA
MPAA
NGVT
NGVT
Revenue
$167.7M
$185.4M
Net Profit
$1.8M
$-84.6M
Gross Margin
19.6%
41.2%
Operating Margin
5.0%
-47.7%
Net Margin
1.1%
-45.6%
Revenue YoY
-9.9%
36.7%
Net Profit YoY
-22.4%
-609.6%
EPS (diluted)
$0.09
$-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
MPAA
MPAA
NGVT
NGVT
Q4 25
$167.7M
$185.4M
Q3 25
$221.5M
$333.1M
Q2 25
$188.4M
$365.1M
Q1 25
$193.1M
$284.0M
Q4 24
$186.2M
$135.6M
Q3 24
$208.2M
$333.8M
Q2 24
$169.9M
$390.6M
Q1 24
$189.5M
$340.1M
Net Profit
MPAA
MPAA
NGVT
NGVT
Q4 25
$1.8M
$-84.6M
Q3 25
$-2.1M
$43.5M
Q2 25
$3.0M
$-146.5M
Q1 25
$-722.0K
$20.5M
Q4 24
$2.3M
$16.6M
Q3 24
$-3.0M
$-107.2M
Q2 24
$-18.1M
$-283.7M
Q1 24
$1.3M
$-56.0M
Gross Margin
MPAA
MPAA
NGVT
NGVT
Q4 25
19.6%
41.2%
Q3 25
19.3%
40.2%
Q2 25
18.0%
37.8%
Q1 25
19.9%
39.9%
Q4 24
24.1%
81.3%
Q3 24
19.8%
39.4%
Q2 24
17.2%
31.5%
Q1 24
18.4%
29.3%
Operating Margin
MPAA
MPAA
NGVT
NGVT
Q4 25
5.0%
-47.7%
Q3 25
7.4%
18.7%
Q2 25
10.7%
-39.1%
Q1 25
8.4%
9.4%
Q4 24
9.4%
Q3 24
6.0%
33.0%
Q2 24
-3.8%
25.9%
Q1 24
6.4%
22.6%
Net Margin
MPAA
MPAA
NGVT
NGVT
Q4 25
1.1%
-45.6%
Q3 25
-1.0%
13.1%
Q2 25
1.6%
-40.1%
Q1 25
-0.4%
7.2%
Q4 24
1.2%
12.2%
Q3 24
-1.4%
-32.1%
Q2 24
-10.6%
-72.6%
Q1 24
0.7%
-16.5%
EPS (diluted)
MPAA
MPAA
NGVT
NGVT
Q4 25
$0.09
$-2.33
Q3 25
$-0.11
$1.18
Q2 25
$0.15
$-4.02
Q1 25
$-0.03
$0.56
Q4 24
$0.11
$0.44
Q3 24
$-0.15
$-2.94
Q2 24
$-0.92
$-7.81
Q1 24
$0.06
$-1.54

Balance Sheet & Financial Strength

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

Metric
MPAA
MPAA
NGVT
NGVT
Cash + ST InvestmentsLiquidity on hand
$19.6M
$78.1M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$258.5M
$29.7M
Total Assets
$991.3M
$1.7B
Debt / EquityLower = less leverage
39.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPAA
MPAA
NGVT
NGVT
Q4 25
$19.6M
$78.1M
Q3 25
$17.7M
$83.4M
Q2 25
$14.5M
$76.9M
Q1 25
$11.3M
$71.5M
Q4 24
$12.7M
$68.0M
Q3 24
$12.3M
$135.5M
Q2 24
$9.4M
$107.4M
Q1 24
$15.8M
$88.5M
Total Debt
MPAA
MPAA
NGVT
NGVT
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
MPAA
MPAA
NGVT
NGVT
Q4 25
$258.5M
$29.7M
Q3 25
$258.5M
$138.1M
Q2 25
$260.1M
$120.7M
Q1 25
$257.7M
$234.6M
Q4 24
$262.7M
$195.2M
Q3 24
$264.0M
$214.5M
Q2 24
$267.2M
$284.8M
Q1 24
$285.1M
$568.2M
Total Assets
MPAA
MPAA
NGVT
NGVT
Q4 25
$991.3M
$1.7B
Q3 25
$990.0M
$1.8B
Q2 25
$973.4M
$1.9B
Q1 25
$957.6M
$2.1B
Q4 24
$949.5M
$2.0B
Q3 24
$986.2M
$2.2B
Q2 24
$978.0M
$2.3B
Q1 24
$1.0B
$2.6B
Debt / Equity
MPAA
MPAA
NGVT
NGVT
Q4 25
39.10×
Q3 25
8.39×
Q2 25
10.24×
Q1 25
5.68×
Q4 24
6.86×
Q3 24
6.52×
Q2 24
4.92×
Q1 24
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
MPAA
MPAA
NGVT
NGVT
Operating Cash FlowLast quarter
$-8.2M
$97.1M
Free Cash FlowOCF − Capex
$-8.6M
$73.5M
FCF MarginFCF / Revenue
-5.2%
39.6%
Capex IntensityCapex / Revenue
0.2%
12.7%
Cash ConversionOCF / Net Profit
-4.63×
TTM Free Cash FlowTrailing 4 quarters
$27.7M
$273.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPAA
MPAA
NGVT
NGVT
Q4 25
$-8.2M
$97.1M
Q3 25
$21.9M
$129.7M
Q2 25
$10.0M
$79.0M
Q1 25
$9.1M
$25.4M
Q4 24
$34.4M
$64.5M
Q3 24
$22.9M
$46.5M
Q2 24
$-20.8M
$29.7M
Q1 24
$-9.3M
$-12.1M
Free Cash Flow
MPAA
MPAA
NGVT
NGVT
Q4 25
$-8.6M
$73.5M
Q3 25
$20.8M
$117.8M
Q2 25
$9.2M
$66.8M
Q1 25
$6.2M
$15.4M
Q4 24
$33.7M
$39.6M
Q3 24
$22.3M
$28.5M
Q2 24
$-21.3M
$11.6M
Q1 24
$-9.8M
$-28.7M
FCF Margin
MPAA
MPAA
NGVT
NGVT
Q4 25
-5.2%
39.6%
Q3 25
9.4%
35.4%
Q2 25
4.9%
18.3%
Q1 25
3.2%
5.4%
Q4 24
18.1%
29.2%
Q3 24
10.7%
8.5%
Q2 24
-12.6%
3.0%
Q1 24
-5.2%
-8.4%
Capex Intensity
MPAA
MPAA
NGVT
NGVT
Q4 25
0.2%
12.7%
Q3 25
0.5%
3.6%
Q2 25
0.4%
3.3%
Q1 25
1.5%
3.5%
Q4 24
0.4%
18.4%
Q3 24
0.3%
5.4%
Q2 24
0.3%
4.6%
Q1 24
0.3%
4.9%
Cash Conversion
MPAA
MPAA
NGVT
NGVT
Q4 25
-4.63×
Q3 25
2.98×
Q2 25
3.30×
Q1 25
1.24×
Q4 24
15.00×
3.89×
Q3 24
Q2 24
Q1 24
-6.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MPAA
MPAA

Reportable Segment Aggregation Before Other Operating Segment$156.3M93%
Other$11.4M7%

NGVT
NGVT

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

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