INGR

Ingredion Inc

$98.57 -0.72 (-0.73%) At close · Jul 7

Market Cap

$6.22B

63,059,061

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$7.22B -2.8%

FY2025

Net Income

$729M +12.7%

FY2025

Gross Margin

25.32% +1.2pp

FY2025

Operating Margin

14.07% +2.2pp

FY2025

Diluted EPS

$11.18 +15.1%

FY2025

Operating Cash Flow

$944M -34.3%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	FY2026 (G)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Revenue	-3.1%	+3.8%	—	—	$7.2B	$7.22B	$7.43B	$8.16B	$7.95B	$6.89B	$5.99B	$6.21B	$6.29B	$6.24B	$5.7B	—	—	—	$6.53B	$6.22B	$4.37B	$3.67B	$3.94B
Cost of Revenue	-5.8%	+2.7%	+2.1%	—	$5.44B	$5.39B	$5.64B	$6.41B	$6.45B	$5.56B	$4.72B	$4.9B	$4.92B	$4.77B	$4.3B	$4.38B	$4.55B	$5.2B	$5.29B	$5.09B	$3.64B	$3.15B	$3.24B
Gross Profit	+7.0%	+7.5%	+3.9%	—	$1.76B	$1.83B	$1.79B	$1.75B	$1.49B	$1.33B	$1.27B	$1.31B	$1.37B	$1.47B	$1.4B	$1.24B	$1.12B	$1.13B	$1.24B	$1.13B	$724M	$520M	$705M
Gross Margin	—	—	—	—	—	25.32%	24.1%	21.43%	18.8%	19.31%	21.25%	21.13%	21.75%	23.57%	24.56%	—	—	—	18.95%	18.11%	16.58%	14.16%	17.88%
Research & Development	+10.9%	+10.5%	—	—	—	$71M	$67M	$63M	$52M	$43M	$43M	$44M	—	—	—	—	—	—	—	—	—	—	—
Selling, General & Administrative	+2.7%	+1.3%	—	—	—	—	—	—	—	—	—	—	—	—	$579M	$555M	$525M	$534M	$556M	$543M	$370M	$247M	$275M
Amortization of Intangibles	+1.3%	-2.1%	+2.1%	—	—	$27M	$26M	$26M	$26M	$27M	$30M	$29M	$30M	$30M	$25M	$22M	$14M	$14M	$14M	$14M	$4M	—	—
Depreciation & Amortization	+1.1%	+0.8%	+1.4%	—	—	$222M	$214M	$219M	$215M	$220M	$213M	$220M	$247M	$209M	$196M	$194M	$195M	$194M	$211M	$211M	$155M	$130M	$128M
Restructuring Charges	+48.1%	-23.0%	-7.4%	—	$23M	$13M	$18M	$1M	$4M	$47M	$48M	$57M	$64M	$38M	$19M	$28M	—	—	—	$10M	—	—	—
Total Operating Expenses	+4.7%	+5.5%	—	—	—	—	—	—	—	—	—	—	—	—	$594M	$582M	$534M	$518M	$570M	$455M	$385M	$367M	$271M
Operating Income	+10.1%	+11.8%	+4.4%	—	$943M	$1.02B	$883M	$957M	$762M	$310M	$582M	$664M	$703M	$836M	$806M	$660M	$581M	$613M	$668M	$671M	$339M	$153M	$434M
Operating Margin	—	—	—	—	—	14.07%	11.88%	11.73%	9.59%	4.5%	9.72%	10.69%	11.18%	13.39%	14.13%	—	—	—	10.23%	10.79%	7.76%	4.17%	11%
EBITDA	+8.2%	+9.3%	+3.8%	—	—	$1.24B	$1.1B	$1.18B	$977M	$530M	$795M	$884M	$950M	$1.05B	$1B	$854M	$776M	$807M	$879M	$882M	$494M	$283M	$562M
Other Non-Operating Income	—	—	—	—	—	-$5M	-$3M	-$4M	$5M	$12M	$5M	-$1M	$4M	$6M	—	—	—	—	—	—	—	—	—
Gain on Sales of Real Estate	+71.0%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$10M	—	—	$2M	—	—	$2M	—
Pretax Income	+13.4%	+14.0%	+5.0%	—	$901M	$974M	$931M	$839M	$668M	$248M	$506M	$582M	$621M	$769M	$742M	$599M	$520M	$547M	$601M	$593M	$275M	$115M	—
Income Tax	+12.8%	+9.4%	+2.4%	—	$220M	$238M	$277M	$188M	$166M	$123M	$152M	$158M	$167M	$237M	$246M	$187M	$157M	$144M	$167M	$170M	$99M	$68M	$130M
Net Income	+14.0%	+15.9%	+6.1%	—	$674M	$729M	$647M	$643M	$492M	$117M	$348M	$413M	$443M	$519M	$485M	$402M	$355M	$396M	$428M	$423M	$169M	$41M	$267M
Net Margin	—	—	—	—	—	10.1%	8.71%	7.88%	6.19%	1.7%	5.81%	6.65%	7.04%	8.31%	8.5%	—	—	—	6.55%	6.8%	3.87%	1.12%	6.77%
Net Income Attributable to Noncontrolling Interests	-11.2%	+3.1%	-3.5%	—	$7M	$7M	$7M	$8M	$10M	$8M	$6M	$11M	$11M	$13M	$11M	$10M	$8M	$7M	$6M	$7M	$7M	$6M	$8M
Net Income Available to Common Stockholders	+14.0%	+15.9%	+6.1%	—	$674M	$729M	$647M	$643M	$492M	$117M	$348M	$413M	$443M	$519M	$485M	$402M	$354.9M	$395.7M	$427.5M	$416M	$169M	$41M	—
Comprehensive Income	+35.7%	+18.6%	+26.8%	—	$774M	$878M	$616M	$641M	$351M	$352M	$374M	$411M	$317M	$577M	$505M	$82M	$156M	$288M	$366M	$193M	$287M	$327M	-$212M
EPS (Basic) USD/shares	+15.2%	+17.0%	+7.3%	—	—	$11.36	$9.88	$9.74	$7.43	$1.74	$5.18	$6.17	$6.25	$7.21	$6.70	$5.62	$4.82	$5.14	$5.59	$5.44	$2.24	$0.55	$3.59
EPS (Diluted) USD/shares	+15.1%	+16.8%	+7.3%	$9.60 – $10.30	—	$11.18	$9.71	$9.60	$7.34	$1.73	$5.15	$6.13	$6.17	$7.06	$6.55	$5.51	$4.74	$5.05	$5.47	$5.32	$2.20	$0.54	$3.52
Shares Outstanding (Basic Avg) shares	-1.0%	-0.9%	-1.1%	—	—	64.2M	65.5M	66M	66.2M	67.1M	67.2M	66.9M	70.9M	72M	72.3M	71.6M	73.6M	77M	76.5M	76.4M	75.6M	74.9M	74.5M
Shares Outstanding (Diluted Avg) shares	-0.9%	-0.7%	-1.1%	—	—	65.2M	66.6M	67M	67M	67.8M	67.6M	67.4M	71.8M	73.5M	74.1M	73M	74.9M	78.3M	78.2M	78.2M	76.8M	75.5M	75.9M

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $779M in buybacks, $2.44B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

—

EV/EBIT

—

P/E (TTM)

9.50×

Packaged Foods median 15.41×

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31
Texture and Healthful Solutions Segment	$2,429,000,000	$2,417,000,000	$2,566,000,000	$2,527,000,000	—	—	—	—
Food and Industrial Ingredients LATAM Segment	$2,392,000,000	$2,497,000,000	$2,668,000,000	$2,628,000,000	—	—	—	—
Food and Industrial Ingredients U.S. Canada Segment	$2,121,000,000	$2,244,000,000	$2,429,000,000	$2,303,000,000	—	—	—	—
Asia Pacific Segment	—	—	$1,089,000,000	$1,107,000,000	$997,000,000	$813,000,000	$823,000,000	$837,000,000
EMEA Segment	—	—	$821,000,000	$781,000,000	$703,000,000	$593,000,000	$592,000,000	$607,000,000
North America Segment	—	—	$5,188,000,000	$4,934,000,000	$4,137,000,000	$3,662,000,000	$3,834,000,000	$3,857,000,000
South America Segment	—	—	$1,062,000,000	$1,124,000,000	$1,057,000,000	$919,000,000	$960,000,000	$988,000,000

By Geography (USD)

Component	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31
United States	$2,815,000,000	$2,870,000,000	$3,069,000,000	$2,978,000,000	$2,509,000,000	$2,284,000,000	$2,368,000,000	$2,386,000,000
Mexico	$1,392,000,000	$1,503,000,000	$1,571,000,000	$1,444,000,000	$1,170,000,000	$984,000,000	$1,075,000,000	$1,067,000,000
Other Countries	$982,000,000	$986,000,000	$1,299,000,000	$1,360,000,000	$1,278,000,000	$1,611,000,000	$1,627,000,000	$1,658,000,000
Brazil	$572,000,000	$584,000,000	$669,000,000	$720,000,000	$586,000,000	$447,000,000	$479,000,000	$478,000,000
Canada	$495,000,000	$527,000,000	$548,000,000	$512,000,000	$459,000,000	$393,000,000	$390,000,000	$404,000,000
Germany	$384,000,000	$385,000,000	$413,000,000	$342,000,000	$309,000,000	—	—	—
Colombia	$324,000,000	$310,000,000	$332,000,000	$333,000,000	$260,000,000	—	—	—
Thailand	$255,000,000	$265,000,000	$259,000,000	$257,000,000	—	—	—	—
South Korea	—	—	—	—	$323,000,000	$268,000,000	$270,000,000	$296,000,000

Key facts CIK 1046257 CUSIP 457187102 13F (30d) 36 filings 20 filers Visit website Investor relations