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Makes specialty chemicals for fuel additives, performance chemicals and personal care/oilfield applications.
Makes specialty chemicals for fuel additives, performance chemicals and personal care/oilfield applications.
Sells additives that refiners and fuel distributors dose into petrol and diesel to improve performance and meet quality standards, so sales follow fuel volumes and regional specifications. Personal-care ingredients and oilfield chemicals add two different markets: one tied to consumer brands' formulation work, the other to drilling and production activity.
Moat: narrow (IP / patents, process know-how). Proprietary fuel additive formulations and personal care ingredient chemistry serve niche, technical markets.
Headquarters: Englewood, Colorado, US · Founded: 1938 · Employees: 2,450
Size Innospec (IOSP) is a United States Materials company (Chemicals: Major Diversified) with a market value of $1.93B, the 1818th largest of 3,117 United States companies the cockpit tracks. Shares closed at $78.21 on 6 Nov 2026.
Performance Over six months the shares fell 2.9%, against -8.0% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 19 in its peer set.
Growth Revenue grew 4.7% over the last twelve months (peer median +11.1%); the operating margin is 8.5% (peer median 10.3%).
Valuation It trades at 13.4× forward earnings against a peer median of 29.7× (3rd cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.5 points above its cost of capital (9.1% WACC).
Short interest Short interest is 2.0% of the free float (15 Oct 2026).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.87B | $1.78B | $1.85B | $1.95B | $1.96B |
| Revenue growth | — | -4% | -5% | -1% | — |
| Gross profit | $518M | $482M | $533M | $583M | $575M |
| EBITDA | $204M | $206M | $229M | $212M | $232M |
| Net income | $140M | $117M | $35.6M | $139M | $133M |
| Free cash flow | $46.6M | $88.0M | $143M | $144M | $42.1M |
| Capital expenditure | $68.7M | $75.5M | $62.3M | $77.2M | $42.3M |
| Total debt | $47.3M | $52.7M | $44.9M | $45.2M | $45.3M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Innospec IOSP | $1.93B | -3% | +5% | 8% | 13.4× | 4.4% |
| NewMarket NEU | $6.39B | +1% | +1% | 20% | n/a | -0.8% |
| Croda International CRDA.L | $6.88B | +31% | +3% | 16% | 23.3× | 19.9% |
| Clariant CLN.SW | $4.32B | +46% | -7% | 10% | 16.0× | -3.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | IOSP | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -19.9% | -10.5% | 5th lowest of 21 |
| 6-month return | -2.9% | -8.0% | 8th highest of 19 |
| Distance from 52-week high | -23.3% | -31.4% | 9th highest of 21 |
| Revenue growth (TTM) | +4.7% | +11.1% | 8th lowest of 21 |
| Operating margin | 8.5% | 10.3% | 8th lowest of 21 |
| Forward P/E | 13.4× | 29.7× | 3rd cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | 4.4% | 10.8% | 6th least demanding of 11 |
| Growth delivered (Del g) | +8.3% | +7.3% | 3rd highest of 11 |
| Hurdle (Req g minus delivered) | -3.9 pp | +5.4 pp | 4th least demanding of 11 |
| ROIC minus cost of capital | +1.5 pp | -1.4 pp | 9th highest of 21 |
| EV / EBITDA | 8.5× | 14.7× | 3rd cheapest of 12 |
| Net debt / EBITDA | -1.0× | 1.2× | 3rd least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Innospec IOSP | United States | $1.93B | -3% | +5% | 8% | 13.4× | 4.4% | +8.3% |
| Qingdao Huicheng Environmental Technology 300779.SZ | China | $2.02B | -9% | -13% | 5% | 129.3× | n/a | n/a |
| Zhejiang Yongtai Technology 002326.SZ | China | $2.04B | -40% | +38% | 11% | n/a | n/a | n/a |
| Eternal Materials 1717.TW | Taiwan | $2.06B | -27% | -2% | 5% | 17.2× | 19.9% | +1.2% |
| Ingevity NGVT | United States | $2.07B | -21% | -12% | 25% | 10.4× | -0.9% | -0.8% |
| Advanced Echem Materials 4749.TWO | Taiwan | $1.72B | -39% | +19% | 25% | 33.1× | n/a | n/a |
| AARTI Industries AARTIIND.NS | India | $1.71B | -9% | +40% | 9% | 29.1× | n/a | n/a |
| Aether Industries AETHER.NS | India | $2.20B | +29% | +31% | 25% | 72.6× | n/a | n/a |
| Borregaard BRG.OL | Norway | $1.68B | +7% | +3% | 17% | 24.4× | -1.0% | +7.7% |
| Nippon Kayaku 4272.T | Japan | $1.66B | +3% | +14% | 10% | 10.1× | -4.8% | +6.9% |
| Metis TechBio 7666.HK | Hong Kong | $1.66B | n/a | +6,987% | -367% | n/a | n/a | n/a |
| Valiant 002643.SZ | China | $1.66B | -28% | +3% | 10% | 25.6× | 17.4% | +4.9% |
| Huntsman HUN | United States | $1.66B | -37% | +6% | 0% | 353.8× | n/a | n/a |
| Hubei Sinophorus Electronic Materials 688545.SS | China | $2.24B | +11% | +75% | 11% | 68.3× | n/a | n/a |
| Fine Organic Industries FINEORG.NS | India | $1.64B | +9% | +13% | 20% | 33.4× | 26.7% | +15.7% |
| Nippon Shokubai 4114.T | Japan | $2.27B | +11% | +4% | 6% | 16.2× | 4.1% | +7.9% |
| Alzchem ACT0.DE | Germany | $1.56B | n/a | +5% | 16% | 20.9× | -1.1% | +8.2% |
| Jilin Chemical Fibre Stock 000420.SZ | China | $1.42B | -25% | +11% | 5% | 154.0× | n/a | n/a |
| Privi Speciality Chemicals PRIVISCL.NS | India | $1.40B | -4% | +18% | 20% | 30.4× | 30.1% | +15.0% |
| Rianlon 300596.SZ | China | $1.39B | -7% | +11% | 11% | 14.7× | n/a | n/a |
| Jiangsu Shuangxing Color Plastic New Materials 002585.SZ | China | $1.38B | +5% | -4% | -4% | 62.8× | 22.5% | +0.2% |