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Side-by-side financial comparison of Ingevity Corp (NGVT) and STANDEX INTERNATIONAL CORP (SXI). Click either name above to swap in a different company.

STANDEX INTERNATIONAL CORP is the larger business by last-quarter revenue ($221.3M vs $185.4M, roughly 1.2× Ingevity Corp). STANDEX INTERNATIONAL CORP runs the higher net margin — 1.0% vs -45.6%, a 46.6% gap on every dollar of revenue. On growth, Ingevity Corp posted the faster year-over-year revenue change (36.7% vs 16.6%). Ingevity Corp produced more free cash flow last quarter ($73.5M vs $12.9M). Over the past eight quarters, STANDEX INTERNATIONAL CORP's revenue compounded faster (11.7% CAGR vs -26.2%).

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.

Standex International Corporation is a multi-industry manufacturer in five broad business segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions with operations in the United States, Europe, Canada, Japan, Singapore, Mexico, Turkey, India, and China. Headquartered in Salem, New Hampshire. Standex is divided into 12 units and 5 reporting segments. The company was incorporated in 1955 and contains multiple subsidiaries including Bakers Pride and Standex ...

NGVT vs SXI — Head-to-Head

Bigger by revenue
SXI
SXI
1.2× larger
SXI
$221.3M
$185.4M
NGVT
Growing faster (revenue YoY)
NGVT
NGVT
+20.1% gap
NGVT
36.7%
16.6%
SXI
Higher net margin
SXI
SXI
46.6% more per $
SXI
1.0%
-45.6%
NGVT
More free cash flow
NGVT
NGVT
$60.6M more FCF
NGVT
$73.5M
$12.9M
SXI
Faster 2-yr revenue CAGR
SXI
SXI
Annualised
SXI
11.7%
-26.2%
NGVT

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
NGVT
NGVT
SXI
SXI
Revenue
$185.4M
$221.3M
Net Profit
$-84.6M
$2.1M
Gross Margin
41.2%
41.7%
Operating Margin
-47.7%
16.1%
Net Margin
-45.6%
1.0%
Revenue YoY
36.7%
16.6%
Net Profit YoY
-609.6%
147.4%
EPS (diluted)
$-2.33
$0.17

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
NGVT
NGVT
SXI
SXI
Q4 25
$185.4M
$221.3M
Q3 25
$333.1M
$217.4M
Q2 25
$365.1M
$222.0M
Q1 25
$284.0M
$207.8M
Q4 24
$135.6M
$189.8M
Q3 24
$333.8M
$170.5M
Q2 24
$390.6M
$180.2M
Q1 24
$340.1M
$177.3M
Net Profit
NGVT
NGVT
SXI
SXI
Q4 25
$-84.6M
$2.1M
Q3 25
$43.5M
$15.1M
Q2 25
$-146.5M
$14.8M
Q1 25
$20.5M
$21.9M
Q4 24
$16.6M
$857.0K
Q3 24
$-107.2M
$18.2M
Q2 24
$-283.7M
$19.6M
Q1 24
$-56.0M
$15.8M
Gross Margin
NGVT
NGVT
SXI
SXI
Q4 25
41.2%
41.7%
Q3 25
40.2%
41.6%
Q2 25
37.8%
41.1%
Q1 25
39.9%
39.7%
Q4 24
81.3%
37.6%
Q3 24
39.4%
41.1%
Q2 24
31.5%
38.5%
Q1 24
29.3%
38.5%
Operating Margin
NGVT
NGVT
SXI
SXI
Q4 25
-47.7%
16.1%
Q3 25
18.7%
13.6%
Q2 25
-39.1%
15.6%
Q1 25
9.4%
12.6%
Q4 24
4.5%
Q3 24
33.0%
14.1%
Q2 24
25.9%
15.1%
Q1 24
22.6%
12.3%
Net Margin
NGVT
NGVT
SXI
SXI
Q4 25
-45.6%
1.0%
Q3 25
13.1%
6.9%
Q2 25
-40.1%
6.7%
Q1 25
7.2%
10.5%
Q4 24
12.2%
0.5%
Q3 24
-32.1%
10.7%
Q2 24
-72.6%
10.9%
Q1 24
-16.5%
8.9%
EPS (diluted)
NGVT
NGVT
SXI
SXI
Q4 25
$-2.33
$0.17
Q3 25
$1.18
$1.25
Q2 25
$-4.02
$1.23
Q1 25
$0.56
$1.81
Q4 24
$0.44
$0.07
Q3 24
$-2.94
$1.53
Q2 24
$-7.81
$1.64
Q1 24
$-1.54
$1.33

Balance Sheet & Financial Strength

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

Metric
NGVT
NGVT
SXI
SXI
Cash + ST InvestmentsLiquidity on hand
$78.1M
$97.0M
Total DebtLower is stronger
$1.2B
$534.7M
Stockholders' EquityBook value
$29.7M
$700.2M
Total Assets
$1.7B
$1.6B
Debt / EquityLower = less leverage
39.10×
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGVT
NGVT
SXI
SXI
Q4 25
$78.1M
$97.0M
Q3 25
$83.4M
$98.7M
Q2 25
$76.9M
$104.5M
Q1 25
$71.5M
$109.8M
Q4 24
$68.0M
$121.1M
Q3 24
$135.5M
$164.6M
Q2 24
$107.4M
$154.2M
Q1 24
$88.5M
$138.8M
Total Debt
NGVT
NGVT
SXI
SXI
Q4 25
$1.2B
$534.7M
Q3 25
$1.2B
$544.6M
Q2 25
$1.2B
$552.5M
Q1 25
$1.3B
$579.4M
Q4 24
$1.3B
$534.3M
Q3 24
$1.4B
$149.0M
Q2 24
$1.4B
$148.9M
Q1 24
$1.4B
$148.8M
Stockholders' Equity
NGVT
NGVT
SXI
SXI
Q4 25
$29.7M
$700.2M
Q3 25
$138.1M
$707.7M
Q2 25
$120.7M
$711.7M
Q1 25
$234.6M
$686.9M
Q4 24
$195.2M
$656.0M
Q3 24
$214.5M
$658.0M
Q2 24
$284.8M
$621.5M
Q1 24
$568.2M
$619.0M
Total Assets
NGVT
NGVT
SXI
SXI
Q4 25
$1.7B
$1.6B
Q3 25
$1.8B
$1.6B
Q2 25
$1.9B
$1.6B
Q1 25
$2.1B
$1.6B
Q4 24
$2.0B
$1.5B
Q3 24
$2.2B
$1.0B
Q2 24
$2.3B
$1.0B
Q1 24
$2.6B
$993.5M
Debt / Equity
NGVT
NGVT
SXI
SXI
Q4 25
39.10×
0.76×
Q3 25
8.39×
0.77×
Q2 25
10.24×
0.78×
Q1 25
5.68×
0.84×
Q4 24
6.86×
0.81×
Q3 24
6.52×
0.23×
Q2 24
4.92×
0.24×
Q1 24
2.48×
0.24×

Cash Flow & Capital Efficiency

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

Metric
NGVT
NGVT
SXI
SXI
Operating Cash FlowLast quarter
$97.1M
$20.6M
Free Cash FlowOCF − Capex
$73.5M
$12.9M
FCF MarginFCF / Revenue
39.6%
5.8%
Capex IntensityCapex / Revenue
12.7%
3.5%
Cash ConversionOCF / Net Profit
9.70×
TTM Free Cash FlowTrailing 4 quarters
$273.5M
$51.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGVT
NGVT
SXI
SXI
Q4 25
$97.1M
$20.6M
Q3 25
$129.7M
$16.8M
Q2 25
$79.0M
$33.4M
Q1 25
$25.4M
$9.5M
Q4 24
$64.5M
$9.1M
Q3 24
$46.5M
$17.6M
Q2 24
$29.7M
$28.5M
Q1 24
$-12.1M
$24.4M
Free Cash Flow
NGVT
NGVT
SXI
SXI
Q4 25
$73.5M
$12.9M
Q3 25
$117.8M
$10.4M
Q2 25
$66.8M
$24.8M
Q1 25
$15.4M
$3.5M
Q4 24
$39.6M
$2.1M
Q3 24
$28.5M
$10.8M
Q2 24
$11.6M
$22.0M
Q1 24
$-28.7M
$19.2M
FCF Margin
NGVT
NGVT
SXI
SXI
Q4 25
39.6%
5.8%
Q3 25
35.4%
4.8%
Q2 25
18.3%
11.2%
Q1 25
5.4%
1.7%
Q4 24
29.2%
1.1%
Q3 24
8.5%
6.4%
Q2 24
3.0%
12.2%
Q1 24
-8.4%
10.8%
Capex Intensity
NGVT
NGVT
SXI
SXI
Q4 25
12.7%
3.5%
Q3 25
3.6%
3.0%
Q2 25
3.3%
3.9%
Q1 25
3.5%
2.9%
Q4 24
18.4%
3.7%
Q3 24
5.4%
3.9%
Q2 24
4.6%
3.6%
Q1 24
4.9%
2.9%
Cash Conversion
NGVT
NGVT
SXI
SXI
Q4 25
9.70×
Q3 25
2.98×
1.12×
Q2 25
2.25×
Q1 25
1.24×
0.44×
Q4 24
3.89×
10.57×
Q3 24
0.97×
Q2 24
1.46×
Q1 24
1.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NGVT
NGVT

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

SXI
SXI

Electronics Products Group$115.7M52%
Engraving Services$33.0M15%
Engineering Technologies Components$30.6M14%
Transferred Over Time$21.2M10%
Hydraulics Cylinders And System$11.4M5%
Merchandising Display$8.4M4%
Engraving Products$2.7M1%

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