NASDAQ : IOSP
Innospec Inc. — Financial statements
Materials · Specialty Chemicals · United States
Last price 100.2 USD (Oct 30, 2026, 2:37 PM EDT) · Market cap 2.47B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Innospec Inc. (IOSP) reported revenue of 1.84B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.84B | 1.78B | 1.85B | 1.95B | 1.96B | 1.48B |
| Cost of Revenue | 1.34B | 1.29B | 1.30B | 1.36B | 1.38B | 1.05B |
| Gross Profit | 505.90M | 492.40M | 542.90M | 591.10M | 586.70M | 434.90M |
| Selling, General & Admin | 304.40M | 285.40M | 298.10M | 373.60M | 355.90M | 261.80M |
| Research & Development | 52.10M | 51.00M | 56.50M | 49.00M | 38.70M | 37.40M |
| Operating Expenses | 356.50M | 336.40M | 354.60M | 422.60M | 394.60M | 299.20M |
| Operating Income | 149.40M | 156.00M | 188.30M | 168.50M | 192.10M | 135.70M |
| Interest Expense | -1.10M | -1.50M | ||||
| Interest & Investment Income | 5.70M | 9.20M | 9.30M | 2.30M | ||
| Currency Exchange Gain (Loss) | 7.00M | 1.70M | 4.90M | 3.60M | -6.40M | -1.60M |
| Other Non Operating Income (Expenses) | 900.00K | -2.00M | -2.50M | |||
| EBT Excluding Unusual Items | 163.00M | 164.90M | 200.00M | 174.40M | 184.60M | 132.60M |
| Merger & Restructuring Charges | -900.00K | -900.00K | ||||
| Gain (Loss) on Sale of Assets | 200.00K | 200.00K | 1.80M | |||
| Asset Writedown | -42.00M | -42.00M | ||||
| Other Unusual Items | 22.00M | 15.90M | -159.00M | |||
| Pretax Income | 142.10M | 138.10M | 41.20M | 174.40M | 184.60M | 134.40M |
| Income Tax Expense | 21.00M | 21.50M | 5.60M | 35.30M | 51.60M | 41.30M |
| Net Income | 121.50M | 116.60M | 35.60M | 139.10M | 133.00M | 93.10M |
| Net Income to Common | 121.50M | 116.60M | 35.60M | 139.10M | 133.00M | 93.10M |
| Shares Outstanding (Basic) | 24.76M | 24.88M | 24.93M | 24.85M | 24.79M | 24.65M |
| Shares Outstanding (Diluted) | 24.85M | 24.99M | 25.12M | 25.02M | 24.98M | 24.85M |
| EPS (Basic) | 4.91 | 4.69 | 1.43 | 5.60 | 5.37 | 3.78 |
| EPS (Diluted) | 4.90 | 4.67 | 1.42 | 5.56 | 5.32 | 3.75 |
| Free Cash Flow | 68.80M | 88.00M | 143.10M | 145.20M | 42.10M | 54.10M |
| Free Cash Flow Per Share | 2.77 | 3.52 | 5.70 | 5.80 | 1.69 | 2.18 |
| Dividend Per Share | 1.79 | 1.71 | 1.55 | 1.41 | 1.28 | 1.16 |
| Gross Margin | 27.46% | 27.69% | 29.42% | 30.33% | 29.88% | 29.32% |
| Operating Margin | 8.11% | 8.77% | 10.20% | 8.65% | 9.78% | 9.15% |
| Profit Margin | 6.60% | 6.56% | 1.93% | 7.14% | 6.77% | 6.28% |
| Free Cash Flow Margin | 3.74% | 4.95% | 7.75% | 7.45% | 2.14% | 3.65% |
| EBITDA | 190.90M | 199.60M | 231.80M | 207.80M | 231.80M | 178.10M |
| EBITDA Margin | 10.36% | 11.23% | 12.56% | 10.66% | 11.80% | 12.01% |
| D&A For EBITDA | 41.50M | 43.60M | 43.50M | 39.30M | 39.70M | 42.40M |
| EBIT | 149.40M | 156.00M | 188.30M | 168.50M | 192.10M | 135.70M |
| EBIT Margin | 8.11% | 8.77% | 10.20% | 8.65% | 9.78% | 9.15% |
| Effective Tax Rate | 14.78% | 15.57% | 13.59% | 20.24% | 27.95% | 30.73% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 250.20M | 292.50M | 289.20M | 203.70M | 147.10M | 141.80M |
| Cash & Short-Term Investments | 250.20M | 292.50M | 289.20M | 203.70M | 147.10M | 141.80M |
| Receivables | 408.60M | 342.30M | 341.70M | 359.80M | 334.60M | 284.50M |
| Inventory | 337.30M | 329.30M | 301.00M | 300.10M | 373.10M | 277.60M |
| Prepaid Expenses | 13.30M | 20.10M | 21.00M | 18.70M | 14.10M | 18.00M |
| Other Current Assets | 15.30M | 20.40M | 3.70M | 3.40M | 3.70M | 6.20M |
| Total Current Assets | 1.02B | 1.00B | 956.60M | 885.70M | 872.60M | 728.10M |
| Property, Plant & Equipment | 341.20M | 338.80M | 314.50M | 313.40M | 266.20M | 249.80M |
| Goodwill | 398.20M | 399.00M | 382.50M | 399.30M | 358.80M | 364.30M |
| Other Intangible Assets | 65.30M | 67.70M | 65.40M | 57.30M | 45.00M | 57.50M |
| Long-Term Deferred Tax Assets | 13.30M | 13.60M | 9.40M | 10.40M | 5.90M | 6.40M |
| Other Long-Term Assets | 3.50M | 8.70M | 6.30M | 41.30M | 55.20M | 164.80M |
| Total Assets | 1.85B | 1.83B | 1.73B | 1.71B | 1.60B | 1.57B |
| Accounts Payable | 169.40M | 174.70M | 163.80M | 163.60M | 165.30M | 148.70M |
| Accrued Expenses | 170.00M | 152.30M | 169.10M | 185.90M | 202.90M | 166.50M |
| Current Portion of Leases | 14.30M | 15.90M | 13.90M | 13.60M | 13.90M | 12.50M |
| Current Income Taxes Payable | 6.70M | 5.30M | 19.60M | 2.60M | 18.40M | 3.70M |
| Other Current Liabilities | 7.70M | 11.90M | 5.00M | 5.80M | 5.30M | 5.20M |
| Total Current Liabilities | 368.10M | 360.10M | 371.40M | 371.50M | 405.80M | 336.60M |
| Long-Term Leases | 33.60M | 36.80M | 31.00M | 31.60M | 31.40M | 23.10M |
| Pension & Post-Retirement Benefits | 12.70M | 13.20M | 13.10M | 13.30M | 12.20M | 17.80M |
| Long-Term Deferred Tax Liabilities | 16.00M | 19.10M | 23.50M | 33.50M | 26.20M | 60.80M |
| Other Long-Term Liabilities | 64.80M | 70.30M | 79.60M | 107.90M | 87.70M | 99.60M |
| Total Liabilities | 495.20M | 499.50M | 518.60M | 557.80M | 563.30M | 537.90M |
| Common Stock | 300.00K | 300.00K | 300.00K | 300.00K | 300.00K | 300.00K |
| Additional Paid-In Capital | 379.10M | 376.50M | 369.90M | 361.00M | 354.10M | 346.70M |
| Retained Earnings | 1.14B | 1.10B | 1.02B | 1.03B | 924.20M | 822.90M |
| Treasury Stock | -127.80M | -115.20M | -93.00M | -94.30M | -95.40M | -90.60M |
| Comprehensive Income & Other | -45.90M | -34.70M | -91.00M | -148.10M | -145.20M | -46.90M |
| Total Common Equity | 1.34B | 1.33B | 1.21B | 1.15B | 1.04B | 1.03B |
| Minority Interest | 7.60M | 6.80M | 4.90M | 2.50M | 2.40M | 600.00K |
| Shareholders' Equity | 1.35B | 1.33B | 1.22B | 1.15B | 1.04B | 1.03B |
| Total Liabilities & Equity | 1.85B | 1.83B | 1.73B | 1.71B | 1.60B | 1.57B |
| Total Debt | 47.90M | 52.70M | 44.90M | 45.20M | 45.30M | 35.60M |
| Net Cash (Debt) | 202.30M | 239.80M | 244.30M | 158.50M | 101.80M | 106.20M |
| Net Cash Per Share | 8.14 | 9.59 | 9.73 | 6.33 | 4.07 | 4.27 |
| Filing Date Shares Outstanding | 24.63M | 24.78M | 24.96M | 24.87M | 24.77M | 24.77M |
| Total Common Shares Outstanding | 24.63M | 24.78M | 24.96M | 24.87M | 24.77M | 24.77M |
| Working Capital | 656.60M | 644.50M | 585.20M | 514.20M | 466.80M | 391.50M |
| Book Value Per Share | 54.54 | 53.52 | 48.53 | 46.13 | 41.91 | 41.67 |
| Tangible Book Value | 879.90M | 859.40M | 763.30M | 690.50M | 634.20M | 610.60M |
| Tangible Book Value Per Share | 35.72 | 34.68 | 30.58 | 27.77 | 25.61 | 24.65 |
| Land | 23.60M | 21.60M | 22.80M | 20.60M | 20.70M | |
| Buildings | 109.70M | 88.70M | 81.90M | 68.70M | 69.50M | |
| Machinery | 508.90M | 439.60M | 418.10M | 377.50M | 371.50M | |
| Construction In Progress | 70.00M | 62.10M | 69.50M | 45.70M | 23.70M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 121.50M | 116.60M | 35.60M | 139.10M | 133.00M | 93.10M |
| Depreciation & Amortization | 41.50M | 43.60M | 43.50M | 39.30M | 39.70M | 42.40M |
| Other Amortization | 400.00K | 300.00K | ||||
| Loss (Gain) From Sale of Assets | -200.00K | -200.00K | -1.80M | |||
| Asset Writedown & Restructuring Costs | 42.00M | 42.00M | ||||
| Stock-Based Compensation | 7.80M | 8.10M | 8.50M | 8.00M | 6.70M | 4.40M |
| Other Operating Activities | -34.50M | -23.40M | 116.00M | 300.00K | -8.00M | 2.90M |
| Change in Accounts Receivable | -77.50M | 21.60M | 4.30M | -12.60M | -55.50M | -70.30M |
| Change in Inventory | -5.30M | -6.60M | -11.80M | 83.00M | -98.50M | -62.00M |
| Change in Accounts Payable | 28.30M | -32.80M | -4.50M | -26.90M | 54.20M | 90.20M |
| Change in Income Taxes | 8.30M | -21.80M | -8.50M | -24.50M | 6.50M | -2.90M |
| Change in Other Net Operating Assets | -7.80M | -8.80M | 1.60M | 1.60M | 3.20M | -3.10M |
| Operating Cash Flow | 124.30M | 138.30M | 184.50M | 207.30M | 81.70M | 93.20M |
| Capital Expenditures | -55.50M | -50.30M | -41.40M | -62.10M | -39.60M | -39.10M |
| Sale of Property, Plant & Equipment | 2.10M | 1.10M | 500.00K | 100.00K | 200.00K | 2.90M |
| Cash Acquisitions | -700.00K | -700.00K | -200.00K | -34.70M | ||
| Sale (Purchase) of Intangibles | -19.50M | -25.20M | -20.90M | -15.10M | -2.70M | |
| Investing Cash Flow | -73.60M | -75.10M | -62.00M | -111.80M | -42.10M | -36.20M |
| Long-Term Debt Repaid | -2.30M | -100.00K | -600.00K | |||
| Net Debt Issued (Repaid) | -2.30M | -100.00K | -600.00K | |||
| Issuance of Common Stock | 200.00K | 500.00K | 2.10M | 900.00K | 2.20M | 10.10M |
| Repurchase of Common Stock | -24.10M | -23.90M | -700.00K | -1.10M | -5.90M | -800.00K |
| Common Dividends Paid | -44.30M | -42.40M | -38.80M | -35.10M | -31.70M | -28.80M |
| Other Financing Activities | 1.90M | 1.90M | 2.10M | -1.40M | 1.80M | 100.00K |
| Financing Cash Flow | -66.30M | -63.90M | -35.30M | -39.00M | -33.70M | -20.00M |
| Foreign Exchange Rate Adjustments | -800.00K | 4.00M | -1.70M | 100.00K | -600.00K | -500.00K |
| Net Cash Flow | -16.40M | 3.30M | 85.50M | 56.60M | 5.30M | 36.50M |
| Free Cash Flow | 68.80M | 88.00M | 143.10M | 145.20M | 42.10M | 54.10M |
| Free Cash Flow Margin | 3.74% | 4.95% | 7.75% | 7.45% | 2.14% | 3.65% |
| Free Cash Flow Per Share | 2.77 | 3.52 | 5.70 | 5.80 | 1.69 | 2.18 |
| Levered Free Cash Flow | 32.58M | 17.50M | 128.09M | 98.41M | 76.67M | 53.08M |
| Unlevered Free Cash Flow | 32.58M | 17.50M | 128.09M | 98.41M | 76.96M | 53.71M |
| Cash Income Tax Paid | 51.00M | 51.00M | 51.70M | 54.30M | 50.00M | 36.80M |
| Change in Working Capital | -54.00M | -48.40M | -18.90M | 20.60M | -90.10M | -48.10M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.45B | 1.90B | 2.75B | 3.06B | 2.55B | 2.23B |
| Enterprise Value | 2.25B | 1.68B | 2.49B | 2.90B | 2.50B | 2.17B |
| Last Close Price | 99.55 | 75.65 | 106.46 | 117.72 | 96.92 | 84.10 |
| PE Ratio | 20.31 | 16.27 | 77.11 | 22.03 | 19.15 | 23.92 |
| Forward PE | 17.78 | 14.51 | 18.86 | 19.21 | 15.89 | 18.50 |
| PS Ratio | 1.33 | 1.07 | 1.49 | 1.57 | 1.30 | 1.50 |
| PB Ratio | 1.83 | 1.42 | 2.26 | 2.67 | 2.45 | 2.16 |
| P/TBV Ratio | 2.79 | 2.21 | 3.60 | 4.44 | 4.02 | 3.65 |
| P/FCF Ratio | 35.64 | 21.55 | 19.18 | 21.11 | 60.51 | 41.16 |
| P/OCF Ratio | 19.73 | 13.71 | 14.88 | 14.78 | 31.18 | 23.89 |
| PEG Ratio | 2.37 | 1.94 | 2.51 | 2.56 | 2.19 | 2.47 |
| EV/Sales Ratio | 1.22 | 0.94 | 1.35 | 1.49 | 1.27 | 1.46 |
| EV/EBITDA Ratio | 11.78 | 8.42 | 10.75 | 13.97 | 10.76 | 12.19 |
| EV/EBIT Ratio | 15.06 | 10.77 | 13.23 | 17.23 | 12.99 | 16.00 |
| EV/FCF Ratio | 32.70 | 19.10 | 17.41 | 19.99 | 59.26 | 40.14 |
| Debt / Equity Ratio | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 |
| Debt / EBITDA Ratio | 0.22 | 0.23 | 0.17 | 0.19 | 0.18 | 0.18 |
| Debt / FCF Ratio | 0.70 | 0.60 | 0.31 | 0.31 | 1.08 | 0.66 |
| Net Debt / Equity Ratio | -0.15 | -0.18 | -0.20 | -0.14 | -0.10 | -0.10 |
| Net Debt / EBITDA Ratio | -1.06 | -1.20 | -1.05 | -0.76 | -0.44 | -0.60 |
| Net Debt / FCF Ratio | -2.94 | -2.73 | -1.71 | -1.09 | -2.42 | -1.96 |
| Asset Turnover | 1.01 | 1.00 | 1.07 | 1.18 | 1.24 | 1.00 |
| Inventory Turnover | 3.96 | 4.08 | 4.33 | 4.03 | 4.23 | 4.21 |
| Quick Ratio | 1.79 | 1.76 | 1.70 | 1.52 | 1.19 | 1.27 |
| Current Ratio | 2.78 | 2.79 | 2.58 | 2.38 | 2.15 | 2.16 |
| Return on Equity (ROE) | 9.13% | 9.15% | 3.01% | 12.70% | 12.83% | 9.41% |
| Return on Assets (ROA) | 5.11% | 5.47% | 6.84% | 6.36% | 7.56% | 5.71% |
| Return on Invested Capital (ROIC) | 11.25% | 12.76% | 16.58% | 13.93% | 14.84% | 10.40% |
| Return on Capital Employed (ROCE) | 10.10% | 10.60% | 13.80% | 12.60% | 16.00% | 11.00% |
| Earnings Yield | 4.92% | 6.15% | 1.30% | 4.54% | 5.22% | 4.18% |
| FCF Yield | 2.81% | 4.64% | 5.21% | 4.74% | 1.65% | 2.43% |
| Dividend Yield | 1.85% | 2.23% | 1.41% | 1.14% | 1.24% | 1.29% |
| Payout Ratio | 36.53% | 36.36% | 108.99% | 25.23% | 23.83% | 30.93% |
| Buyback Yield / Dilution | 1.09% | 0.50% | -0.39% | -0.16% | -0.52% | -0.30% |
| Total Shareholder Return | 2.94% | 2.74% | 1.02% | 0.98% | 0.73% | 0.99% |