IOSP
Innospec Inc.
IOSP's fundamentals are mixed, but it looks cheap: trading at 14x earnings, below its usual 22x. Analysts expect strong earnings growth.
IOSP Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Strong |
IOSP's revenue, profitability and balance sheet are currently healthy, but its cash flow is under pressure.
IOSP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 14x | $79.11 | — |
| Forward | 14x | $79.11 | — |
| Cheap | 19x | $106 | +34% |
| Fair | 22x | $124 | +57% |
| Expensive | 65x | $369 | +367% |
Historical ranges are pointers, not guarantees.
IOSP's PE is in its cheap range at 14.0x. If earnings grow as analysts expect, today's price would be 13.6x next year's earnings.
IOSP Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for IOSP, with profitability improving.
IOSP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.84 | +3.1% |
| Q3 2026 | $5.66 | +$5.69 |
| Q2 2026 | $4.89 | +527% |
| Q1 2026 | $4.58 | +324% |
| Q4 2025 | $4.67 | +229% |
| Q3 2025 | -$0.03 | -101% |
| Q2 2025 | $0.78 | -87% |
| Q1 2025 | $1.08 | -82% |
| Q4 2024 | $1.42 | -74% |
IOSP has returned to profit: it earned $5.66 per share over the past year, after losing money the year before.
IOSP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $473.6M | +7.2% |
| Q2 2026 | $491.4M | +12% |
| Q1 2026 | $453.2M | +2.8% |
| Q4 2025 | $455.6M | -2.4% |
| Q3 2025 | $441.9M | -0.3% |
| Q2 2025 | $439.7M | +1.1% |
| Q1 2025 | $440.8M | -12% |
| Q4 2024 | $466.8M | -5.6% |
IOSP's revenue is growing: $474M last quarter, up 7.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.8% | +7.5 points |
| Q2 2026 | 8.1% | +0.3 points |
| Q1 2026 | 8.1% | -1.6 points |
| Q4 2025 | 10% | +1.5 points |
| Q3 2025 | 1.3% | -8.9 points |
| Q2 2025 | 7.8% | -1.6 points |
| Q1 2025 | 9.6% | -0.5 points |
| Q4 2024 | 8.8% | -0.2 points |
IOSP's operating margin was 8.8% last quarter, up 7.5 points from the same quarter a year ago.
IOSP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.6M | -94% |
| Q2 2026 | -$10.5M | -$6.8M |
| Q1 2026 | $8.7M | -56% |
| Q4 2025 | $46.8M | +244% |
| Q3 2025 | $25M | -62% |
| Q2 2025 | -$3.7M | +$2.5M |
| Q1 2025 | $19.9M | -72% |
| Q4 2024 | $13.6M | -75% |
IOSP still generates free cash flow, though less than at its 2024 peak: $47M over the past year.
IOSP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +36K shares |
| 1 year | -0.7% | -166K shares |
| 3 years | -1.1% | -263K shares |
| 5 years | -0.5% | -121K shares |
| Available history | +0.1% | +15K shares |
IOSP has 25M diluted shares, down 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $6.4M |
| Q1 2026 | $7.1M |
| Q4 2025 | — |
| Q3 2025 | $10.6M |
| Q2 2025 | $8.5M |
| Q1 2025 | $4.8M |
| Q4 2024 | — |
IOSP spent $14M buying back its own shares over the past year, down 44% from the year before.
IOSP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.2x | Net Cash |
| Q2 2026 | -1.5x | Net Cash |
| Q1 2026 | -1.7x | Net Cash |
| Q4 2025 | -1.7x | Net Cash |
| Q3 2025 | -1.6x | Net Cash |
| Q2 2025 | -1.3x | Net Cash |
| Q1 2025 | -1.4x | Net Cash |
| Q4 2024 | -1.3x | Net Cash |
IOSP has more cash than debt.
IOSP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.4 | Neutral |
| Stochastic | 32.7 | Neutral |
IOSP's weekly RSI is 38 (neutral) and its Stochastic is 33 (neutral).
IOSP PE vs Basic Materials Sector
| Metric | IOSP | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 19x | 25% below |
| PE % | 1 | 40 | 39 pts below |
IOSP is trading at 14x earnings, a 25% discount to the Basic Materials sector's median of 19x.
IOSP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $93.1 | 15% below |
| 20 week MA | $91.0 | 13% below |
| 50 week MA | $83.4 | 5.2% below |
| 100 week MA | $86.5 | 8.6% below |
| 200 week MA | $99.5 | 20% below |
IOSP is in a downtrend: it's below all five of its weekly moving averages, and 20% below its 200-week average.
IOSP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $103.5 | $89.5 | -13% |
| 2021 | $89.5 | $89.5 | 0% |
| 2022 | $89.5 | $104.6 | +17% |
| 2023 | $104.6 | $123.2 | +18% |
| 2024 | $123.2 | $110.7 | -10% |
| 2025 | $110.7 | $78.4 | -29% |
| 2026 YTD | $78.4 | $79.1 | +0.9% |
IOSP has finished lower in four of the last six years. It's up 0.9% so far in 2026.