Innospec Inc. (IOSP) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$1.05	$1.27	+21.0%	—	—	—
Q3 26	$1.11	$1.22	+9.9%	—	—	—
Q2 26	$1.24	$1.5	+21.0%	—	—	—
Q1 26	$1.06	$1.12	+5.7%	—	—	—
Q4 25	$1.21	$1.26	+4.1%	—	—	—
Q3 25	$1.42	$1.42	0.0%	—	—	—
Q2 25	$1.36	$1.41	+3.7%	—	—	—
Q1 25	$1.35	$1.35	0.0%	—	—	—
Q4 24	$1.37	$1.39	+1.5%	—	—	—
Q3 24	$1.64	$1.75	+6.7%	—	—	—
Q2 24	$1.62	$1.84	+13.6%	—	—	—
Q1 24	$1.45	$1.59	+9.7%	—	—	—
Q4 23	$1.28	$1.28	0.0%	—	—	—
Q3 23	$1.17	$1.38	+17.9%	—	—	—
Q2 23	$1.4	$1.2	-14.3%	—	—	—
Q1 23	$1.41	$1.74	+23.4%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$4.69	—	—	$1.8B	—
FY24	—	$1.43	—	—	$1.8B	—
FY23	—	$5.6	—	—	$1.9B	—
FY22	—	$5.37	—	—	$2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$883.4M	$1.3B	$1.5B	$1.5B	$1.2B	$1.5B	$2B	$1.9B	$1.8B	$1.8B
YoY change	-12.7%	+47.9%	+13%	+2.46%	-21.2%	+24.3%	+32.4%	-0.76%	-5.31%	-3.65%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	883.4M	1.3B	1.5B	1.5B	1.2B	1.5B	2B	1.9B	1.8B	1.8B
Cost of revenue	551.1M	903.5M	1B	1B	850.4M	1B	1.4B	1.4B	1.3B	1.3B
Gross profit	332.3M	403.3M	435M	466.2M	342.7M	434.9M	586.7M	591.1M	542.9M	492.4M
Gross margin	37.6%	30.9%	29.5%	30.8%	28.7%	29.3%	29.9%	30.3%	29.4%	27.7%
Research & development	25.4M	31.4M	33.4M	35.4M	30.9M	37.4M	38.7M	41.7M	47.8M	51M
Selling, general & administrative	216.7M	244.2M	261M	280.9M	237M	267.2M	360.7M	387.8M	314M	285.1M
Operating expenses	242.1M	275.6M	294.4M	316.3M	267.9M	304.6M	399.4M	429.5M	361.8M	336.1M
Operating income	90.2M	127.7M	140.6M	149.9M	74.8M	130.3M	187.3M	161.6M	181.1M	156.3M
Operating margin	10.2%	9.77%	9.52%	9.91%	6.27%	8.78%	9.54%	8.29%	9.81%	8.79%
Non-operating income, net	16.1M	8.6M	-2.1M	5.3M	-33.3M	5.6M	-1.6M	10.5M	-149.2M	-27.4M
Pretax income	103.1M	128.1M	131.6M	150.4M	39.7M	134.4M	184.6M	174.4M	41.2M	138.1M
Income tax	21.8M	66.3M	46.6M	38.2M	11M	41.3M	51.6M	35.3M	5.6M	21.5M
Net income	81.3M	61.8M	85M	112.2M	28.7M	93.1M	133M	139.1M	35.6M	116.6M
Net margin	9.2%	4.73%	5.76%	7.41%	2.41%	6.28%	6.77%	7.14%	1.93%	6.56%
EBITDA	136.4M	189.4M	195.2M	204.7M	126.1M	172.8M	233.8M	197.3M	378.5M	225M
EPS	3.39	2.56	3.48	4.58	1.17	3.78	5.37	5.6	1.43	4.69
Diluted EPS	3.33	2.52	3.45	4.54	1.16	3.75	5.32	5.56	1.42	4.67

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	464.1M	494.7M	500.2M	435M	443.4M	466.8M	440.8M	439.7M	441.9M	455.6M	453.2M	491.4M
Cost of revenue	326.9M	339M	344.5M	308.1M	319.3M	330.6M	315.7M	316.5M	325.2M	328.2M	329.7M	353.1M
Gross profit	137.2M	155.7M	155.7M	126.9M	124.1M	136.2M	125.1M	123.2M	116.7M	127.4M	123.5M	138.3M
Gross margin	29.6%	31.5%	31.1%	29.2%	28%	29.2%	28.4%	28%	26.4%	28%	27.3%	28.1%
Research & development	11.6M	8.9M	11.8M	12.2M	11.1M	12.7M	12.7M	13.6M	13.7M	11M	13.2M	14.2M
Selling, general & administrative	81.9M	102.3M	91M	71.8M	65.1M	81.1M	69.3M	74.6M	71.9M	69.3M	78.5M	84.3M
Operating expenses	93.5M	111.2M	102.8M	84M	76.2M	93.8M	82M	88.2M	85.6M	80.3M	91.7M	98.5M
Operating income	43.7M	44.5M	52.9M	42.9M	47.9M	42.4M	43.1M	35M	31.1M	47.1M	31.8M	39.8M
Operating margin	9.42%	9%	10.6%	9.86%	10.8%	9.08%	9.78%	7.96%	7.04%	10.3%	7.02%	8.1%
Non-operating income, net	3M	-700K	300K	-1.3M	-5.8M	-147.4M	-1.1M	-5.8M	-21.8M	1.3M	7.3M	1M
Pretax income	47.5M	45.3M	55.3M	43.7M	44.8M	-102.6M	44.4M	31.9M	11.5M	50.3M	39.9M	41.6M
Income tax	8.3M	7.5M	13.9M	12.5M	11.4M	-32.2M	11.6M	8.4M	-1.4M	2.9M	9.1M	10.4M
Net income	39.2M	37.8M	41.4M	31.2M	33.4M	-70.4M	32.8M	23.5M	12.9M	47.4M	30.8M	31.2M
Net margin	8.45%	7.64%	8.28%	7.17%	7.53%	-15.1%	7.44%	5.34%	2.92%	10.4%	6.8%	6.35%
EBITDA	50.4M	57.1M	63M	55.3M	63.9M	202.1M	54.2M	—	—	—	—	49.9M
EPS	1.58	—	1.66	1.25	1.34	-2.82	1.31	0.94	0.52	1.91	1.23	1.25
Diluted EPS	1.57	—	1.65	1.24	1.33	-2.82	1.31	0.94	0.52	1.91	1.22	1.25

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	1.6B	1.7B	1.5B	2.5B	2.2B	2.2B	2.5B	3.1B	2.7B	1.9B	2.4B
Enterprise value	1.8B	1.8B	1.6B	2.5B	2.2B	2.1B	2.4B	2.9B	2.5B	1.7B	2.2B
Shares outstanding	24M	24.1M	24.4M	24.5M	24.6M	24.6M	24.8M	24.9M	24.9M	24.9M	24.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	20.2	27.6	17.7	22.6	77.7	23.9	19.2	22	77.1	16.3	20.1
P/S	1.86	1.3	1.02	1.67	1.87	1.5	1.3	1.57	1.49	1.07	1.32
P/B	2.51	2.15	1.83	2.76	2.36	2.16	2.45	2.66	2.26	1.43	1.81
EV/EBITDA	13.3	9.71	8.17	12.5	17.2	12.3	10.5	14.7	6.6	7.4	11.7
EV/Sales	2.05	1.41	1.08	1.68	1.81	1.43	1.25	1.49	1.35	0.94	1.21
Earnings yield	4.95%	3.62%	5.64%	4.43%	1.29%	4.18%	5.22%	4.54%	1.3%	6.12%	4.96%
FCF yield	5.41%	2.96%	4.96%	5.16%	5.21%	2.43%	1.55%	4.25%	4.45%	3.3%	1.35%
PEG	—	—	—	—	—	—	—	—	—	—	0.61

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	37.6%	30.9%	29.5%	30.8%	28.7%	29.3%	29.9%	30.3%	29.4%	27.7%	28.1%
Operating margin	10.2%	9.77%	9.52%	9.91%	6.27%	8.78%	9.54%	8.29%	9.81%	8.79%	8.08%
Net margin	9.2%	4.73%	5.76%	7.41%	2.41%	6.28%	6.77%	7.14%	1.93%	6.56%	6.6%
ROE	12.4%	7.78%	10.3%	12.2%	3.04%	9.01%	12.8%	12.1%	2.93%	8.75%	9.13%
ROA	6.88%	4.38%	5.77%	7.64%	2.05%	5.93%	8.29%	8.15%	2.05%	6.36%	5.11%
ROIC	8.62%	6.64%	9.94%	11.9%	6.14%	9.74%	14.4%	13%	16.1%	12.1%	11.1%
Return on tangible assets	56.9%	17.2%	18%	21.8%	5.69%	12.8%	16.7%	17.5%	4.24%	13%	13.3%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.41	2.15	2.24	2.08	2.24	2.16	2.15	2.38	2.58	2.79	2.78
Quick ratio	1.46	1.34	1.4	1.27	1.37	1.34	1.23	1.58	1.77	1.88	1.87
Debt / equity	0.42	0.28	0.26	0.1	0.04	0.03	0.04	0.04	0.04	0.04	0.04
Debt / assets	0.23	0.16	0.14	0.06	0.03	0.02	0.03	0.03	0.03	0.03	0.03
Net debt / EBITDA	1.26	0.71	0.45	0.08	-0.51	-0.61	-0.44	-0.8	-0.65	-1.07	-0.9
Interest coverage	33.2	16.6	20.1	32.3	23.1	86.9	170.3	—	—	—	—
Effective tax rate	21.1%	51.8%	35.4%	25.4%	27.7%	30.7%	28%	20.2%	13.6%	15.6%	14.7%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	36.8	54.1	60.5	61.8	48.6	60.2	79.2	78.4	74	71.5	74.4
EPS (basic)	3.39	2.56	3.48	4.58	1.17	3.78	5.37	5.6	1.43	4.69	4.69
EPS (diluted)	3.33	2.52	3.45	4.54	1.16	3.75	5.32	5.56	1.42	4.67	4.9
Book value per share	27.2	32.9	33.8	37.5	38.5	41.9	42	46.3	48.8	53.6	54.5
FCF per share	3.71	2.09	3.07	5.33	4.73	2.19	1.59	5.24	4.9	2.52	2
Cash per share	4.25	3.74	5.04	3.09	4.29	5.75	5.93	8.2	11.6	11.8	10.2
Capex per share	—	—	—	0	0	0.12	0.01	0	0.02	2.02	2.25

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	0%	0%	0.2%	0.01%	0.01%	0.03%	2.83%	3.01%
Capex / operating cash flow	—	—	—	0%	0%	2.76%	0.28%	0.04%	1.71%	36.4%	44.7%
Payout ratio	19.6%	30.1%	25.5%	22.3%	89.2%	30.9%	23.8%	25.2%	109%	36.4%	36.5%
Dividend yield	0.97%	1.09%	1.44%	0.99%	1.15%	1.29%	1.24%	1.15%	1.41%	2.23%	1.88%

Yield

1.88%

trailing twelve months

Frequency

Semi-annual

Last dividend

$0.92

ex-dividend May 19, 2026

Payout ratio

37%

of earnings

Dividend growth

12 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
May 19, 2026	$0.92
Nov 18, 2025	$0.87
May 20, 2025	$0.84
Nov 18, 2024	$0.79
May 17, 2024	$0.76
Nov 17, 2023	$0.72
May 19, 2023	$0.69
Nov 18, 2022	$0.65

Split history

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$464.1M	$494.7M	$500.2M	$435M	$443.4M	$466.8M	$440.8M	$439.7M	$441.9M	$455.6M	$453.2M	$491.4M
YoY change	-9.53%	-3.13%	-1.84%	-9.45%	-4.46%	-5.64%	-11.9%	+1.08%	-0.34%	-2.4%	+2.81%	+11.8%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	101.9M	90.2M	123.1M	75.7M	105.3M	141.8M	147.1M	203.7M	289.2M	292.5M
Receivables	154.4M	244.5M	279.7M	292M	221.4M	284.5M	334.6M	359.8M	341.7M	342.3M
Inventory	173.8M	209.8M	248M	244.6M	220M	277.6M	373.1M	300.1M	301M	329.3M
Total current assets	441.1M	561.5M	663.9M	630.3M	566.2M	728.1M	872.6M	885.7M	956.6M	1B
Property, plant & equipment	312.2M	456.1M	451.1M	501.8M	535.3M	551.8M	575M	231.5M	225.8M	229.1M
Goodwill & intangibles	1B	1.1B	1B	953M	893M	843.6M	807.6M	913.2M	895.8M	933.4M
Total assets	1.2B	1.4B	1.5B	1.5B	1.4B	1.6B	1.6B	1.7B	1.7B	1.8B
Accounts payable	59.6M	117.9M	126.8M	122M	98.7M	148.7M	165.3M	163.6M	163.8M	174.7M
Short-term debt	11.9M	18.5M	23.2M	11.6M	11.8M	12.5M	13.9M	13.6M	13.9M	15.9M
Total current liabilities	183.1M	261.5M	296.6M	303.5M	252.4M	336.6M	405.8M	371.5M	371.4M	360.1M
Long-term debt	261.4M	205.8M	187.7M	81M	29M	23.1M	31.4M	31.6M	31M	36.8M
Total liabilities	527.6M	615.9M	647.9M	549.9M	452.5M	537.9M	563.3M	557.8M	518.6M	499.5M
Shareholders' equity	653.8M	794.3M	825.5M	918.9M	944.9M	1B	1B	1.1B	1.2B	1.3B
Total debt	273.3M	224.3M	210.9M	92.6M	40.8M	35.6M	45.3M	45.2M	44.9M	52.7M
Net debt	171.4M	134.1M	87.8M	16.9M	-64.5M	-106.2M	-101.8M	-158.5M	-244.3M	-239.8M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	207.2M	203.7M	270.1M	240.2M	303.8M	289.2M	299.8M	266.6M	270.8M	292.5M	289.1M	250.2M
Receivables	305.2M	359.8M	318.2M	300.3M	327.6M	341.7M	343.5M	336.1M	349.5M	342.3M	354.2M	408.6M
Inventory	331.5M	300.1M	304.3M	313.5M	319.3M	301M	315.4M	336.8M	345.2M	329.3M	321.5M	337.3M
Total current assets	863.7M	885.7M	912.9M	876.8M	965.6M	956.6M	977.1M	969.7M	988.8M	1B	999.1M	1B
Property, plant & equipment	287.1M	231.5M	312.2M	319.8M	323.7M	225.8M	321.5M	345.1M	327.6M	229.1M	336.3M	341.2M
Goodwill & intangibles	811.4M	913.2M	910.4M	899.2M	911.8M	895.8M	922.4M	951.8M	926.2M	933.4M	936M	927M
Total assets	1.6B	1.7B	1.7B	1.7B	1.8B	1.7B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B
Accounts payable	146.1M	163.6M	166.4M	147.7M	169M	163.8M	169.5M	149.4M	162.2M	174.7M	138.5M	169.4M
Short-term debt	13.1M	13.6M	13.6M	14.9M	14M	13.9M	14M	15.6M	16M	15.9M	15.1M	14.3M
Total current liabilities	344.2M	371.5M	364.9M	332.8M	373.1M	371.4M	357.6M	337.4M	356.1M	360.1M	334.8M	368.1M
Long-term debt	29.4M	31.6M	30M	33.2M	31.7M	31M	30.4M	33.7M	33M	36.8M	35.5M	33.6M
Total liabilities	490.5M	557.8M	546.6M	504.4M	550.1M	518.6M	508.9M	504.6M	496.5M	499.5M	467.6M	495.2M
Shareholders' equity	1.1B	1.1B	1.2B	1.2B	1.2B	1.2B	1.3B	1.3B	1.3B	1.3B	1.4B	1.4B
Total debt	42.5M	45.2M	43.6M	48.1M	45.7M	44.9M	44.4M	49.3M	49M	52.7M	50.6M	47.9M
Net debt	-164.7M	-158.5M	-226.5M	-192.1M	-258.1M	-244.3M	-255.4M	-217.3M	-221.8M	-239.8M	-238.5M	-202.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	81.3M	61.8M	85M	112.2M	28.7M	93.1M	133M	139.1M	35.6M	116.6M
Depreciation & amortization	38.1M	50.4M	49.6M	47.6M	46M	42.7M	40.1M	39.3M	43.5M	43.6M
Stock-based compensation	3.3M	4.1M	4.9M	6.6M	5.8M	4.4M	6.7M	8M	8.5M	8.1M
Change in working capital	-1.3M	-65.7M	-29.2M	8M	61.4M	-41.4M	-104.1M	50.7M	-22.4M	-28.4M
Operating cash flow	111.8M	42.9M	114.8M	173.2M	139.4M	105.2M	70.2M	240.7M	29.3M	138.3M
Capital expenditure	—	—	—	0	0	2.9M	200K	100K	500K	-50.3M
Investing cash flow	-192.6M	2.6M	-5.4M	0	0	2.9M	200K	-34.6M	300K	-51M
Dividends paid	-15.9M	-18.6M	-21.7M	-25M	-25.6M	-28.8M	-31.7M	-35.1M	-38.8M	-42.4M
Share repurchases	-8.4M	-1.1M	-1.4M	-2.4M	-2.1M	-800K	-5.9M	-1.1M	-700K	-23.9M
Financing cash flow	49.5M	-106.4M	-31.2M	-243.9M	-146.8M	-20M	-33.7M	-39M	-35.3M	-63.9M
Net change in cash	-31.3M	-60.9M	78.2M	-70.7M	-7.4M	88.1M	36.7M	167.1M	-5.7M	23.4M
Free cash flow	89M	50.5M	74.8M	130.6M	116.2M	54.1M	39.4M	130.1M	122.2M	62.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	39.2M	37.8M	41.4M	31.2M	33.4M	-70.4M	32.8M	23.5M	11.7M	47.4M	30.4M	31.6M
Depreciation & amortization	9.9M	10.2M	10.4M	11.1M	11.1M	10.9M	10.9M	11.1M	12.2M	9.4M	9.9M	10M
Stock-based compensation	2M	2.1M	2.1M	2.1M	2.2M	2.1M	1.9M	2.2M	900K	3.1M	1.6M	2.2M
Change in working capital	5.7M	29.2M	13.6M	-44.7M	26.5M	-26.6M	-24.3M	-32.1M	-7.2M	35.2M	-21.9M	-38.5M
Operating cash flow	56.2M	82.4M	69.1M	200K	73.8M	-122.6M	21.7M	9.3M	38.1M	61.4M	17.6M	7.2M
Capital expenditure	0	100K	100K	100K	100K	200K	100K	-13M	-14.3M	-14.6M	-8.9M	-17.7M
Investing cash flow	0	100K	100K	100K	100K	200K	100K	-13M	-16.3M	-13.3M	-8.9M	-17.7M
Dividends paid	0	-17.9M	—	—	0	-19.8M	—	—	0	-21.6M	—	—
Share repurchases	0	-100K	-400K	-300K	0	0	-4.8M	-8.5M	-10.6M	0	-7.1M	-6.4M
Financing cash flow	200K	-20.4M	500K	100K	900K	-17.8M	-3.8M	-7.9M	-10.8M	-20.6M	-6.6M	-6.4M
Net change in cash	56.4M	62.1M	69.7M	400K	74.8M	-140.2M	18M	-11.6M	11M	27.5M	2.1M	-16.9M
Free cash flow	41.4M	51.2M	66.2M	-10.6M	61.7M	4.9M	12.7M	-7.3M	16M	40.2M	3.6M	-10.5M

Innospec Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement