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Side-by-side financial comparison of Ingevity Corp (NGVT) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $185.4M, roughly 1.8× Ingevity Corp). WYNDHAM HOTELS & RESORTS, INC. runs the higher net margin — -18.0% vs -45.6%, a 27.7% gap on every dollar of revenue. On growth, Ingevity Corp posted the faster year-over-year revenue change (36.7% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $73.5M). Over the past eight quarters, WYNDHAM HOTELS & RESORTS, INC.'s revenue compounded faster (-4.6% 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.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
NGVT vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $185.4M | $334.0M |
| Net Profit | $-84.6M | $-60.0M |
| Gross Margin | 41.2% | — |
| Operating Margin | -47.7% | — |
| Net Margin | -45.6% | -18.0% |
| Revenue YoY | 36.7% | -76.3% |
| Net Profit YoY | -609.6% | -170.6% |
| EPS (diluted) | $-2.33 | $-0.80 |
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.
| Q1 26 | — | $334.0M | ||
| Q4 25 | $185.4M | $334.0M | ||
| Q3 25 | $333.1M | $382.0M | ||
| Q2 25 | $365.1M | $397.0M | ||
| Q1 25 | $284.0M | $316.0M | ||
| Q4 24 | $135.6M | $336.0M | ||
| Q3 24 | $333.8M | $396.0M | ||
| Q2 24 | $390.6M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $-84.6M | $-60.0M | ||
| Q3 25 | $43.5M | $105.0M | ||
| Q2 25 | $-146.5M | $87.0M | ||
| Q1 25 | $20.5M | $61.0M | ||
| Q4 24 | $16.6M | $85.0M | ||
| Q3 24 | $-107.2M | $102.0M | ||
| Q2 24 | $-283.7M | $86.0M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | -47.7% | -11.4% | ||
| Q3 25 | 18.7% | 46.6% | ||
| Q2 25 | -39.1% | 37.8% | ||
| Q1 25 | 9.4% | 35.4% | ||
| Q4 24 | — | 38.4% | ||
| Q3 24 | 33.0% | 43.2% | ||
| Q2 24 | 25.9% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | -45.6% | -18.0% | ||
| Q3 25 | 13.1% | 27.5% | ||
| Q2 25 | -40.1% | 21.9% | ||
| Q1 25 | 7.2% | 19.3% | ||
| Q4 24 | 12.2% | 25.3% | ||
| Q3 24 | -32.1% | 25.8% | ||
| Q2 24 | -72.6% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $-2.33 | $-0.77 | ||
| Q3 25 | $1.18 | $1.36 | ||
| Q2 25 | $-4.02 | $1.13 | ||
| Q1 25 | $0.56 | $0.78 | ||
| Q4 24 | $0.44 | $1.06 | ||
| Q3 24 | $-2.94 | $1.29 | ||
| Q2 24 | $-7.81 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $78.1M | $64.0M |
| Total DebtLower is stronger | $1.2B | — |
| Stockholders' EquityBook value | $29.7M | $468.0M |
| Total Assets | $1.7B | $4.2B |
| Debt / EquityLower = less leverage | 39.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $78.1M | $64.0M | ||
| Q3 25 | $83.4M | $70.0M | ||
| Q2 25 | $76.9M | $50.0M | ||
| Q1 25 | $71.5M | $48.0M | ||
| Q4 24 | $68.0M | $103.0M | ||
| Q3 24 | $135.5M | $72.0M | ||
| Q2 24 | $107.4M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $2.5B | ||
| Q3 25 | $1.2B | $2.6B | ||
| Q2 25 | $1.2B | $2.5B | ||
| Q1 25 | $1.3B | $2.5B | ||
| Q4 24 | $1.3B | $2.4B | ||
| Q3 24 | $1.4B | $2.4B | ||
| Q2 24 | $1.4B | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $29.7M | $468.0M | ||
| Q3 25 | $138.1M | $583.0M | ||
| Q2 25 | $120.7M | $570.0M | ||
| Q1 25 | $234.6M | $579.0M | ||
| Q4 24 | $195.2M | $650.0M | ||
| Q3 24 | $214.5M | $583.0M | ||
| Q2 24 | $284.8M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $1.7B | $4.2B | ||
| Q3 25 | $1.8B | $4.3B | ||
| Q2 25 | $1.9B | $4.3B | ||
| Q1 25 | $2.1B | $4.2B | ||
| Q4 24 | $2.0B | $4.2B | ||
| Q3 24 | $2.2B | $4.2B | ||
| Q2 24 | $2.3B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 39.10× | 5.37× | ||
| Q3 25 | 8.39× | 4.43× | ||
| Q2 25 | 10.24× | 4.44× | ||
| Q1 25 | 5.68× | 4.29× | ||
| Q4 24 | 6.86× | 3.72× | ||
| Q3 24 | 6.52× | 4.19× | ||
| Q2 24 | 4.92× | 3.83× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $97.1M | $367.0M |
| Free Cash FlowOCF − Capex | $73.5M | $168.0M |
| FCF MarginFCF / Revenue | 39.6% | 50.3% |
| Capex IntensityCapex / Revenue | 12.7% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $273.5M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $97.1M | $152.0M | ||
| Q3 25 | $129.7M | $86.0M | ||
| Q2 25 | $79.0M | $70.0M | ||
| Q1 25 | $25.4M | $59.0M | ||
| Q4 24 | $64.5M | $134.0M | ||
| Q3 24 | $46.5M | $79.0M | ||
| Q2 24 | $29.7M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $73.5M | $136.0M | ||
| Q3 25 | $117.8M | $75.0M | ||
| Q2 25 | $66.8M | $58.0M | ||
| Q1 25 | $15.4M | $52.0M | ||
| Q4 24 | $39.6M | $109.0M | ||
| Q3 24 | $28.5M | $71.0M | ||
| Q2 24 | $11.6M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 39.6% | 40.7% | ||
| Q3 25 | 35.4% | 19.6% | ||
| Q2 25 | 18.3% | 14.6% | ||
| Q1 25 | 5.4% | 16.5% | ||
| Q4 24 | 29.2% | 32.4% | ||
| Q3 24 | 8.5% | 17.9% | ||
| Q2 24 | 3.0% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 12.7% | 4.8% | ||
| Q3 25 | 3.6% | 2.9% | ||
| Q2 25 | 3.3% | 3.0% | ||
| Q1 25 | 3.5% | 2.2% | ||
| Q4 24 | 18.4% | 7.4% | ||
| Q3 24 | 5.4% | 2.0% | ||
| Q2 24 | 4.6% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.98× | 0.82× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | 1.24× | 0.97× | ||
| Q4 24 | 3.89× | 1.58× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NGVT
| Performance Materials | $151.2M | 82% |
| Advanced Polymer Technologies Segment | $36.5M | 20% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
