Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Innospec Inc.IOSP · chemicals
GradeBullAstrongest fifth of 331 graded peers; percentile 14.2, sampling error 2.7 points; lower is stronger
Rank43 of 331
ProfitabilityB/Cpercentile 37.8
SolvencyBpercentile 23.8
Growth and financingCpercentile 49.5
Reliability0.91 AUCfailure model, filers with $591M to $2.67B assets; 95% interval 0.88 to 0.94; 160 events, 2020 to 2025
Peer failure rate1.01% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$591M to $2.67B assetstotal assets $1.8B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone active · fortress balance sheetnot computable: distress
Inputs computable8 of 14
Graded fromfilings received through Feb 18, 2026233 days before the rescan; every figure keyed to the SEC receipt date
Last close$97.812026-10-08; market equity $2.4B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$80$100NovDecJanFebMarAprMayJunJulAugSepOctA$97.69
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Feb 21, 2012nonen/aQ3
Feb 21, 2014A12.1Q4
Feb 21, 2015B23.9Q4
Feb 21, 2016A15.3Q4
Feb 21, 2017B/C37.3Q4
Jul 21, 2017B36.8Q4
Aug 21, 2017B/C38.1Q4
Feb 21, 2018B33.5Q4
Feb 21, 2019A/B22.0Q4
Feb 21, 2020A16.9Q4
Aug 21, 2020A/B17.5Q4
Sep 21, 2020A15.9Q4
Dec 21, 2020A/B17.1Q4
Feb 21, 2021C/D58.9Q4
Mar 21, 2021C54.6Q4
Feb 21, 2022C/D60.2Q4
Mar 21, 2023A/B20.5Q4
Oct 21, 2023B22.9Q4
Feb 21, 2024A8.5Q4

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Feb 18, 2026; the document on sec.gov.

When we use the terms “Innospec,” “the Corporation,” “the Company,” “Registrant,” “we,” “us” and “our,” we are referring to Innospec Inc. and its consolidated subsidiaries unless otherwise indicated or the context otherwise requires. Innospec develops, manufactures, blends, markets and supplies a wide range of specialty chemicals to customers in the Americas, Europe, the Middle East, Africa and Asia-Pacific. Our Performance Chemicals business creates innovative technology-based solutions for the personal care, home care, agrochemical, construction, mining and other industrial markets.

Warnings [top]

Fortress balance sheet. cash minus debt is 105,300,000 USD; Altman Z is not used[3-4]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 37.8
Gross profitability26.9%[1,5]21.3%28.23592025-12-31
Return on invested capitalnot computable9.5%
latest aligned inputs end 2020-12-31; latest annual assets end 2025-12-31
Accruals ratio(1.2%)[1,6-8](4.2%)74.94002025-12-31
Gross margin stability, five years0.9 pts[2,5,9-16]2.2 pts10.33012025-12-31
Solvency, sleeve percentile 23.8
Twelve-month failure probabilitynot computable0.05%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-prime7.53[1,17-22]3.4114.33012025-12-31
Net debt to EBITDAnot computable1.88x
latest aligned inputs end 2020-12-31; latest annual assets end 2025-12-31
Interest coveragenot computable4.16x
latest aligned inputs end 2014-12-31; latest annual assets end 2025-12-31
Current ratio2.79x[17-18]2.20x33.24232025-12-31
Growth and financing, sleeve percentile 49.5
Revenue growth, three-year compound(3.3%)[2,10,12,14]1.2%69.63502025-12-31
Free cash flow growth, three-year compoundnot computable12.6%
latest aligned inputs end 2015-12-31; latest annual assets end 2025-12-31
Reinvestment ratenot computable24.3%
latest aligned inputs end 2015-12-31; latest annual assets end 2025-12-31
Asset growth, three years4.5%[1,8,23-24]2.9%43.53692025-12-31
Net share issuance, one year(0.7%)[25-26]0.0%35.33212026-01-31

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.289; sampling error 2.7 percentile points on 331 peers.

Among 331 Peers [top]

ABCDELRCX, LAM Research Corp.; A, percentile 8.3; market equity $401.2B; warnings: fortress balance sheetLRCXCAT, Caterpillar Inc.; C, percentile 51.2; market equity $366.0BCATLIN, Linde plc; C, percentile 52.7; market equity $222.1BLINPG, Procter & Gamble Co.; C, percentile 54.5; market equity $350.0BPGETN, Eaton Corp. plc; D, percentile 69.7; market equity $164.9BETNRTX, RTX Corp.; D, percentile 74.8; market equity $248.4BRTXIOSP 14.2strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
38Acme United Corp. (ACU)

Acme United Corp. (ACU)

Astrongest fifth; percentile 13.0

NYSE · Cutlery, Handtools & General Hardware

market equity $237.5M; last close $62.08

No active warnings; 9 of 14 inputs

13.0A
39Cummins Inc. (CMI)

Cummins Inc. (CMI)

Astrongest fifth; percentile 13.4

NYSE · Engines & Turbines

market equity $71.6B; last close $520.36

No active warnings; 12 of 14 inputs

13.4A
40Weatherford International plc (WFRD)

Weatherford International plc (WFRD)

Astrongest fifth; percentile 13.8

Nasdaq · Oil & Gas Field Machinery & Equipment

market equity $5.5B; last close $76.89

No active warnings; 10 of 14 inputs

13.8A
41Colgate Palmolive Co. (CL)

Colgate Palmolive Co. (CL)

Astrongest fifth; percentile 13.9

NYSE · Perfumes, Cosmetics & Other Toilet Preparations

market equity $70.2B; last close $88.12

No active warnings; 12 of 14 inputs

13.9A
42Lennox International Inc. (LII)

Lennox International Inc. (LII)

Astrongest fifth; percentile 14.2

NYSE · Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip

market equity $12.6B; last close $361.63

No active warnings; 12 of 14 inputs

14.2A
43Innospec Inc. (IOSP)

Innospec Inc. (IOSP)

Astrongest fifth; percentile 14.2

Nasdaq · Chemicals & Allied Products

market equity $2.4B; last close $97.81

Warnings: fortress balance sheet; 8 of 14 inputs

14.2Afortress balance sheet
44Newmarket Corp. (NEU)

Newmarket Corp. (NEU)

Astrongest fifth; percentile 14.5

NYSE · Industrial Organic Chemicals

market equity $8.3B; last close $905.18

No active warnings; 13 of 14 inputs

14.5A
45Park Aerospace Corp. (PKE)

Park Aerospace Corp. (PKE)

Astrongest fifth; percentile 14.6

NYSE · Aircraft Parts & Auxiliary Equipment, NEC

market equity $645.1M; last close $29.74

Warnings: late filer, fortress balance sheet; 10 of 14 inputs

14.6Alate filer, fortress balance sheet
46Kadant Inc. (KAI)

Kadant Inc. (KAI)

Astrongest fifth; percentile 15.0

NYSE · Special Industry Machinery (No Metalworking Machinery)

market equity $3.1B; last close $260.43

No active warnings; 11 of 14 inputs

15.0A
47Nwpx Infrastructure, Inc. (NWPX)

Nwpx Infrastructure, Inc. (NWPX)

Astrongest fifth; percentile 15.4

Nasdaq · Steel Pipe & Tubes

market equity $970.8M; last close $100.64

No active warnings; 9 of 14 inputs

15.4A
48Axcelis Technologies Inc. (ACLS)

Axcelis Technologies Inc. (ACLS)

Astrongest fifth; percentile 15.7

Nasdaq · Special Industry Machinery, NEC

market equity $4.1B; last close $133.67

No active warnings; 11 of 14 inputs

15.7A
Peer policyLetterPercentilePeers
all graded filers, equal sleevesB22.32204
sector peers, equal sleeves (the grade)A14.2331
same exchange, equal sleevesB22.51219
sector peers, equal inputsA16.4331

Each letter is one fifth of the 331 graded peers, about 66 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month24.6%13.8%60hotter than 60 of 100 peers
Distance from 52-week high(1.0%)(24.2%)98closer to its high than 98 of 100 peers
EBIT to enterprise value6.0%3.9%72pricier than 28 of 100 peers
Free cash flow yield4.2%3.2%57pricier than 43 of 100 peers
Book value to price0.560.3964pricier than 36 of 100 peers
Sales to price0.740.5760pricier than 40 of 100 peers
Composite equity issuance, five years(8.2%)(9.9%)56more equity-funded than 56 of 100 peers
Relative strength against the sector, log excess return0.05(0.02)57ahead of 57 of 100 peers

Inputs: market equity $2.4B; EBIT $129.5M; free cash flow $100.6M; book equity $1.3B; sales $1.8B; debt $0; cash $250.2M[27].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2025-12-31
Return on assets above zero6.7%✓ pass[6,8]
Operating cash flow above zero$138.3M✓ pass[7]
Return on assets improved4.6 pts✓ pass[6,8,23,28]
Operating cash flow exceeds net income$21.7M✓ pass[6-7]
Long-term leverage felln/a[1,8,23]
Current ratio improved21.4 pts✓ pass[17-18,29-30]
No new shares issued(0.7%)✓ pass[25-26]
Gross margin improved(1.7 pts)✗ fail[2,5,9-10]
Asset turnover improved(5.6 pts)✗ fail[2,8,10,23]
Cash, filings, liquidity
Cash and equivalents$250.2M[31]
Operating cash flow, four quarters$124.3M[7,31-35]
Months of runwaynot finite
trailing operating cash flow is nonnegative, so runway is not finite
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing65
10-Q received Aug 5, 2026
Median daily dollar volume$15.6M
63 sessions
Days since newest grade input233

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$1.8B2025-12-312026-02-1810-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.8B2025-12-312026-02-1810-Kfiling · viewer · series
3cashus-gaap:CashAndCashEquivalentsAtCarryingValue$105.3M2020-12-312022-02-1610-Kfiling · viewer · series
4total debtus-gaap:LongTermDebt$02020-12-312021-02-1710-Kfiling · viewer · series
5gross profitus-gaap:GrossProfit$492.4M2025-12-312026-02-1810-Kfiling · viewer · series
6net incomeus-gaap:ProfitLoss$116.6M2025-12-312026-02-1810-Kfiling · viewer · series
7operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$138.3M2025-12-312026-02-1810-Kfiling · viewer · series
8assetsus-gaap:Assets$1.7B2024-12-312026-02-1810-Kfiling · viewer · series
9gross profitus-gaap:GrossProfit$542.9M2024-12-312026-02-1810-Kfiling · viewer · series
10revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.8B2024-12-312026-02-1810-Kfiling · viewer · series
11gross profitus-gaap:GrossProfit$591.1M2023-12-312026-02-1810-Kfiling · viewer · series
12revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.9B2023-12-312026-02-1810-Kfiling · viewer · series
13gross profitus-gaap:GrossProfit$586.7M2022-12-312025-02-1910-Kfiling · viewer · series
14revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$2.0B2022-12-312025-02-1910-Kfiling · viewer · series
15gross profitus-gaap:GrossProfit$434.9M2021-12-312024-02-1410-Kfiling · viewer · series
16revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.5B2021-12-312024-02-1410-Kfiling · viewer · series
17current assetsus-gaap:AssetsCurrent$1.0B2025-12-312026-02-1810-Kfiling · viewer · series
18current liabilitiesus-gaap:LiabilitiesCurrent$360.1M2025-12-312026-02-1810-Kfiling · viewer · series
19retained earningsus-gaap:RetainedEarningsAccumulatedDeficit$1.1B2025-12-312026-02-1810-Kfiling · viewer · series
20operating incomeus-gaap:OperatingIncomeLoss$129.5M2025-12-312026-02-1810-Kfiling · viewer · series
21book equityus-gaap:StockholdersEquity$1.3B2025-12-312026-02-1810-Kfiling · viewer · series
22liabilitiesus-gaap:Liabilities$499.5M2025-12-312026-02-1810-Kfiling · viewer · series
23assetsus-gaap:Assets$1.7B2023-12-312025-02-1910-Kfiling · viewer · series
24assetsus-gaap:Assets$1.6B2022-12-312025-02-1910-Kfiling · viewer · series
25shares outstandingdei:EntityCommonStockSharesOutstanding24,777,8592026-01-312026-02-1810-Kfiling · viewer · series
26shares outstandingdei:EntityCommonStockSharesOutstanding24,959,6592025-01-312025-02-1910-Kfiling · viewer · series
27shares outstandingdei:EntityCommonStockSharesOutstanding24,631,0472026-07-312026-08-0510-Qfiling · viewer · series
28net incomeus-gaap:ProfitLoss$35.6M2024-12-312026-02-1810-Kfiling · viewer · series
29current assetsus-gaap:AssetsCurrent$956.6M2024-12-312026-02-1810-Kfiling · viewer · series
30current liabilitiesus-gaap:LiabilitiesCurrent$371.4M2024-12-312026-02-1810-Kfiling · viewer · series
31cashus-gaap:CashAndCashEquivalentsAtCarryingValue$250.2M2026-06-302026-08-0510-Qfiling · viewer · series
32operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$24.8M2026-06-302026-08-0510-Qfiling · viewer · series
33operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$17.6M2026-03-312026-05-0810-Qfiling · viewer · series
34operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$76.9M2025-09-302025-11-0510-Qfiling · viewer · series
35operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$38.8M2025-06-302026-08-0510-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 14.2 is 5.8 points from the nearest band edge; sampling error is 2.7 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.