Ingredion (INGR) | Financial Analysis & Statements

Ingredion Inc. | Mid-cap | Consumer Defensive

$137.66

-0.43%

| Ingredion Stock Comparison:

Ingredion vs Kraft Heinz Ingredion vs General Mills Ingredion vs BellRing Brands Ingredion vs Lamb Weston Holdings Ingredion vs Post Holdings Ingredion vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 7.4B

Gross Profit 1.8B 24.10%

Operating Income 1.0B 13.59%

Net Income 654.0M 8.80%

EPS (Diluted) $9.71

Balance Sheet Metrics

Total Assets 7.4B

Total Liabilities 3.6B

Shareholders Equity 3.9B

Debt to Equity 0.91

Cash Flow Metrics

Operating Cash Flow 1.4B

Free Cash Flow 1.1B

Revenue & Profitability Trend

Income Statement

Metric	2024	2023	2022	2021	2020
Revenue	7.4B	8.2B	7.9B	6.9B	6.0B
Cost of Goods Sold	5.6B	6.4B	6.5B	5.6B	4.7B
Gross Profit	1.8B	1.7B	1.5B	1.3B	1.3B
Operating Expenses	781.0M	781.0M	728.0M	634.0M	597.0M
Operating Income	1.0B	968.0M	766.0M	697.0M	675.0M
Pre-tax Income	931.0M	839.0M	668.0M	248.0M	506.0M
Income Tax	277.0M	188.0M	166.0M	123.0M	152.0M
Net Income	654.0M	651.0M	502.0M	125.0M	354.0M
EPS (Diluted)	$9.71	$9.60	$7.34	$1.73	$5.15

Income Statement Trend

Balance Sheet

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	3.4B	3.4B	3.3B	2.7B	2.6B
Non-Current Assets	4.1B	4.2B	4.3B	4.3B	4.2B
Total Assets	7.4B	7.6B	7.6B	7.0B	6.9B
Liabilities
Current Liabilities	1.3B	1.8B	1.9B	1.5B	1.5B
Non-Current Liabilities	2.3B	2.2B	2.4B	2.3B	2.3B
Total Liabilities	3.6B	4.0B	4.3B	3.8B	3.8B
Equity
Total Shareholders Equity	3.9B	3.6B	3.3B	3.2B	3.1B

Balance Sheet Composition

Cash Flow Statement

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	654.0M	651.0M	502.0M	125.0M	354.0M
Operating Cash Flow	1.4B	1.1B	-6.0M	-174.0M	705.0M
Investing Activities
Capital Expenditures	6.0M	2.0M	7.0M	18.0M	7.0M
Investing Cash Flow	254.0M	-13.0M	-20.0M	-35.0M	-227.0M
Financing Activities
Dividends Paid	-210.0M	-194.0M	-181.0M	-184.0M	-178.0M
Financing Cash Flow	-811.0M	-589.0M	94.0M	-392.0M	139.0M
Free Cash Flow	1.1B	741.0M	-148.0M	92.0M	489.0M

Cash Flow Trend

Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 14.58

Forward P/E 12.44

Price to Book 2.24

Price to Sales 1.21

PEG Ratio 12.44

Profitability Ratios

Profit Margin 8.53%

Operating Margin 15.61%

Return on Equity 16.31%

Return on Assets 9.07%

Financial Health

Current Ratio 2.85

Debt to Equity 44.53

Beta 0.73

Per Share Data

EPS (TTM) $9.48

Book Value per Share $61.85

Revenue per Share $112.90

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
ingr	8.9B	14.58	2.24	16.31%	8.53%	44.53
Kraft Heinz	30.9B	11.91	0.63	5.35%	10.44%	43.55
General Mills	29.3B	11.77	3.17	26.83%	13.02%	149.14
BellRing Brands	7.5B	27.42	-29.60	-119.72%	12.82%	-3.77
Lamb Weston Holdings	7.7B	21.49	4.73	21.64%	5.75%	261.31
Post Holdings	6.3B	19.89	1.63	9.13%	4.53%	180.85

Financial data is updated regularly. All figures are in the company's reporting currency.