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Chemours vs Ingevity: revenue, profit, margins and growth compared

Chemours brought in $5.8B of revenue in fiscal 2025, Ingevity $1.2B in fiscal 2025. Revenue changed by +0.4% at Chemours and -2.7% at Ingevity on the year before, so Chemours grew faster. Chemours kept -6.6% of its revenue as net profit, Ingevity -14.3%. Free cash flow was $51M at Chemours and $273.5M at Ingevity.

Side by side, latest fiscal year

CCNGVT
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$5.8B$1.2B
Revenue growth+0.4%-2.7%
Net income-$386M-$167.1M
Net margin-6.6%-14.3%
Free cash flow$51M$273.5M
Free cash flow margin0.9%23.4%
Earnings per share (diluted)-$2.57-$4.61
Cash$670M$78.1M
Debt$4.1B$47.1M
Price to earningsn/an/a
Market value$2.2B$2.5B
Dividend yield3.54%n/a
Rank by revenue in sector#109 of 451 · Industrials#259 of 451 · Industrials

Over the years

Revenue
CC FY2018: $6.6BCC FY2019: $5.5BCC FY2020: $5BCC FY2021: $6.3BCC FY2022: $6.8BCC FY2023: $6.1BCC FY2024: $5.8BCC FY2025: $5.8BNGVT FY2018: $1.1BNGVT FY2019: $1.3BNGVT FY2020: $1.2BNGVT FY2021: $1.4BNGVT FY2022: $1.7BNGVT FY2023: $1.2BNGVT FY2024: $1.2BNGVT FY2025: $1.2BFY18FY19FY20FY21FY22FY23FY24FY25
CC $5.8BNGVT $1.2B
Net income
CC FY2018: $995MCC FY2019: -$52MCC FY2020: $219MCC FY2021: $608MCC FY2022: $578MCC FY2023: -$253MCC FY2024: $69MCC FY2025: -$386MNGVT FY2018: $169.1MNGVT FY2019: $183.7MNGVT FY2020: $181.4MNGVT FY2021: $118.1MNGVT FY2022: $211.6MNGVT FY2023: -$5.4MNGVT FY2024: -$430.3MNGVT FY2025: -$167.1MFY18FY19FY20FY21FY22FY23FY24FY25
CC -$386MNGVT -$167.1M
Net margin
CC FY2018: 15.0%CC FY2019: -0.9%CC FY2020: 4.4%CC FY2021: 9.6%CC FY2022: 8.5%CC FY2023: -4.2%CC FY2024: 1.2%CC FY2025: -6.6%NGVT FY2018: 14.9%NGVT FY2019: 14.2%NGVT FY2020: 14.9%NGVT FY2021: 8.5%NGVT FY2022: 12.7%NGVT FY2023: -0.4%NGVT FY2024: -35.9%NGVT FY2025: -14.3%FY18FY19FY20FY21FY22FY23FY24FY25
CC -6.6%NGVT -14.3%
Revenue growth
CC FY2019: -16.8%CC FY2020: -10.1%CC FY2021: +27.7%CC FY2022: +7.7%CC FY2023: -11.0%CC FY2024: -4.9%CC FY2025: +0.4%NGVT FY2019: +14.1%NGVT FY2020: -5.9%NGVT FY2021: +14.4%NGVT FY2022: +19.9%NGVT FY2023: -27.1%NGVT FY2024: -1.3%NGVT FY2025: -2.7%FY19FY20FY21FY22FY23FY24FY25
CC +0.4%NGVT -2.7%
Free cash flow
CC FY2018: $642MCC FY2019: $169MCC FY2020: $540MCC FY2021: $537MCC FY2022: $448MCC FY2023: $186MCC FY2024: -$993MCC FY2025: $51MNGVT FY2018: $158.1MNGVT FY2019: $160.9MNGVT FY2020: $270.3MNGVT FY2021: $189.5MNGVT FY2022: $170.9MNGVT FY2023: $95.3MNGVT FY2024: $51MNGVT FY2025: $273.5MFY18FY19FY20FY21FY22FY23FY24FY25
CC $51MNGVT $273.5M

Fiscal years as each company reports them; the two may end in different months.

Questions about Chemours and Ingevity

Which is bigger by revenue, Chemours or Ingevity?

Chemours is bigger by revenue: $5.8B in fiscal 2025, against $1.2B for Ingevity in fiscal 2025.

Which keeps more of its revenue as profit, Chemours or Ingevity?

Chemours had a net margin of -6.6% in fiscal 2025; Ingevity had -14.3% in fiscal 2025.

Which grew revenue faster, Chemours or Ingevity?

In their latest fiscal years revenue changed by +0.4% at Chemours and -2.7% at Ingevity.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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