What is Innospec's goodwill additions?

Innospec (IOSP) reported goodwill additions of $1.5M in Q1 2024.

What does goodwill additions mean?

Represents the value of goodwill recognized during the period as a result of business combinations and acquisitions. This metric indicates the company's inorganic growth strategy and the premium paid for acquired assets. It is a key indicator of capital allocation toward external expansion.

Innospec IOSP Goodwill Additions

Discontinued — last reported Q1 '24

Goodwill Additions at other companies

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$617K-81.2%

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$0—

GreifGEF

$11.2M—

ALH

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$2.05M-27.5%

Payoneer Global Inc.PAYO

$8.52M—

The Baldwin Insurance Group, Inc.BWIN

$1.13B—

Segments

By segment

See full

Oilfield Services$2M—

Fuel Specialties$0—

Performance Chemicals$0—

Other financials

Income statement

See full

Revenue$453.2M+2.8%

Gross profit$123.5M-1.3%

Operating income$36.5M-14.1%

Net income$30.4M-7.3%

EPS (diluted)$1.22-6.9%

Balance sheet

See full

Cash & equivalents$289.1M-3.6%

Total debt$50.6M+14.0%

Total equity$1.3B+6.7%

Total assets$1.8B+2.5%

Cash flow

See full

Operating cash flow$17.6M-37.8%

CapEx$8.9M+6.0%

Free cash flow$8.7M-56.3%

Valuation

See full

Market cap$2.05B-23.6%

Profitability

See full

Gross margin27.4%-1.3pp

Operating margin6.9%-2.6pp

Net margin6.4%—

FCF margin4.5%-1.1pp

Returns & leverage

See full

Return on equity8.8%—

Debt / equity0×0.0×

Current ratio3×+0.3×

Where this comes from

Reported directly by Innospec in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The official record: Innospec’s 10-Q, filed May 10, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Innospec's goodwill additions?: Innospec (IOSP) reported goodwill additions of $1.5M in Q1 2024.
What does goodwill additions mean?: Represents the value of goodwill recognized during the period as a result of business combinations and acquisitions. This metric indicates the company's inorganic growth strategy and the premium paid for acquired assets. It is a key indicator of capital allocation toward external expansion.