INGR
$97.93+0.68%
Ingredion IncorporatedStock · Consumer StaplesRussell 3000 0.009%Russell 1000 0.009%US Stock Market 0.008%
INGR financial statements
The full income statement, balance sheet, and cash-flow statement for Ingredion Incorporated (INGR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 65.1M2024-09 65.2M2024-12 64.2M2025-03 64.3M2025-06 64.2M2025-09 63.5M2025-12 62.9M2026-03 63.1M2026-06 63.1M-3.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 7.22B-2.8% | 7.43B-8.9% | 8.16B+2.7% | 7.95B+15.3% | 6.89B+15.1% | |
| 1.83B+2.1% | 1.79B+2.4% | 1.75B+17.1% | 1.49B+12.2% | 1.33B+4.6% | ||
| Cost of revenue | 5.39B-4.4% | 5.64B-12.0% | 6.41B-0.6% | 6.45B+16.0% | 5.56B+18.0% | |
| Research & development | 71.0M+6.0% | 67.0M+6.3% | 63.0M+21.2% | 52.0M+20.9% | 43.0M+0.0% | |
| Restructuring | 13.0M-27.8% | 18.0M+1700.0% | 1.00M-75.0% | 4.00M-91.5% | 47.0M-2.1% | |
| Amortization of intangibles | 27.0M+3.8% | 26.0M+0.0% | 26.0M+0.0% | 26.0M-3.7% | 27.0M-10.0% | |
| Operating income | 1.02B+15.1% | 883M-7.7% | 957M+25.6% | 762M+145.8% | 310M-46.7% | |
| Other non-operating income | -5.00M-66.7% | -3.00M+25.0% | -4.00M-180.0% | 5.00M-58.3% | 12.0M+140.0% | |
| Pre-tax income | 974M+4.6% | 931M+11.0% | 839M+25.6% | 668M+169.4% | 248M-51.0% | |
| Income tax | 238M-14.1% | 277M+47.3% | 188M+13.3% | 166M+35.0% | 123M-19.1% | |
| 729M+12.7% | 647M+0.6% | 643M+30.7% | 492M+320.5% | 117M-66.4% | ||
| Net income to non-controlling interest | 7.00M+0.0% | 7.00M-12.5% | 8.00M-20.0% | 10.0M+25.0% | 8.00M+33.3% | |
| Net income to common | 729M+12.7% | 647M+0.6% | 643M+30.7% | 492M+320.5% | 117M-66.4% | |
| $11.18+15.1% | $9.71+1.1% | $9.60+30.8% | $7.34+324.3% | $1.73-66.4% | ||
| EPS (basic) | $11.36+15.0% | $9.88+1.4% | $9.74+31.1% | $7.43+327.0% | $1.74-66.4% | |
| Weighted-avg shares (basic) | 64.2M-2.0% | 65.5M-0.8% | 66.0M-0.3% | 66.2M-1.3% | 67.1M-0.1% | |
| Weighted-avg shares (diluted) | 65.2M-2.1% | 66.6M-0.6% | 67.0M+0.0% | 67.0M-1.2% | 67.8M+0.3% | |
| Dividends per share | $3.35+2.5% | $3.27+10.6% | $2.96+7.8% | $2.74-0.5% | $2.76+4.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.50B+4.5% | 3.35B-1.3% | 3.40B+2.7% | 3.31B+22.7% | 2.70B+1.9% | ||
| Cash & equivalents | 1.03B+3.3% | 997M+148.6% | 401M+69.9% | 236M-28.0% | 328M-50.7% | |
| Accounts receivable | 1.19B+8.4% | 1.09B-14.5% | 1.28B-9.4% | 1.41B+24.9% | 1.13B+11.8% | |
| Inventory | 1.23B+3.4% | 1.19B-18.1% | 1.45B-9.2% | 1.60B+36.3% | 1.17B+27.8% | |
| Prepaid expenses | 60.0M-10.4% | 67.0M-74.3% | 261M+321.0% | 62.0M-1.6% | 63.0M+16.7% | |
| 7.90B+6.1% | 7.44B-2.6% | 7.64B+1.1% | 7.56B+8.0% | 7.00B+2.1% | ||
| Property, plant & equipment | 2.53B+11.6% | 2.26B-4.5% | 2.37B-1.5% | 2.41B-0.7% | 2.42B-1.3% | |
| Operating lease right-of-use | 177M-11.1% | 199M-4.3% | 208M+11.2% | 187M-3.1% | 193M+11.6% | |
| Goodwill | 922M+1.8% | 906M-1.3% | 918M+2.0% | 900M-1.5% | 914M+1.3% | |
| Intangible assets | 347M-3.1% | 358M-7.0% | 385M-4.0% | 401M-7.6% | 434M-2.3% | |
| Other non-current assets | 597M+6.4% | 561M-1.6% | 570M+4.8% | 544M+2.4% | 531M+29.5% | |
| 1.32B+2.7% | 1.28B-27.7% | 1.77B-5.8% | 1.88B+24.5% | 1.51B+3.7% | ||
| Accounts payable | 693M+14.7% | 604M-22.4% | 778M-10.9% | 873M+12.8% | 774M+29.2% | |
| Accrued liabilities | — | — | — | 466M+8.4% | 430M+2.1% | |
| Short-term & current debt | 48.0M+9.1% | 44.0M-90.2% | 448M-17.5% | 543M+76.3% | 308M-29.7% | |
| Current lease liability | 63.0M+6.8% | 59.0M+5.4% | 56.0M+16.7% | 48.0M+2.1% | 47.0M+2.2% | |
| Other current liabilities | 575M-9.2% | 633M+15.9% | 546M+17.2% | 466M | — | |
| 3.53B-0.6% | 3.55B-11.0% | 3.99B-7.1% | 4.30B+13.9% | 3.77B-0.3% | ||
| Long-term debt | 1.74B-2.5% | 1.79B+2.7% | 1.74B-10.3% | 1.94B+11.6% | 1.74B-0.6% | |
| Non-current lease liability | 118M-18.6% | 145M-7.6% | 157M+7.5% | 146M-5.2% | 154M+13.2% | |
| Operating lease liability (total) | 181M-11.3% | 204M-4.2% | 213M+9.8% | 194M-3.5% | 201M+10.4% | |
| Deferred tax liabilities | 128M-5.9% | 136M+17.2% | 116M-20.0% | 145M-12.1% | 165M-24.0% | |
| Other non-current liabilities | 114M+4.6% | 109M-6.8% | 117M+37.6% | 85.0M+3.7% | 82.0M-6.8% | |
| 4.27B+12.4% | 3.80B+7.5% | 3.54B+12.4% | 3.15B+1.5% | 3.10B+5.0% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M+0.0% | |
| Additional paid-in capital | 1.16B+0.3% | 1.15B+0.5% | 1.15B+1.2% | 1.13B-2.2% | 1.16B+0.7% | |
| Retained earnings | 5.61B+10.2% | 5.09B+9.4% | 4.65B+10.5% | 4.21B+8.0% | 3.90B-1.5% | |
| Treasury stock | 1.55B+14.8% | 1.35B+12.3% | 1.21B+5.1% | 1.15B+8.2% | 1.06B+3.6% | |
| Accumulated other comprehensive income | -937M+13.7% | -1.09B-2.8% | -1.06B-0.8% | -1.05B-16.8% | -897M+20.8% | |
| Total equity incl. non-controlling | 4.29B+12.3% | 3.82B+7.6% | 3.55B+12.3% | 3.16B+1.4% | 3.12B+4.9% | |
| Total liabilities & equity | 7.90B+6.1% | 7.44B-2.6% | 7.64B+1.1% | 7.56B+8.0% | 7.00B+2.1% | |
| Common shares issued | 77.8M+0.0% | 77.8M+0.0% | 77.8M+0.0% | 77.8M-0.0% | 77.8M+0.0% | |
| Common shares outstanding | — | 64.5M-1.1% | 65.2M-0.7% | 65.7M-1.4% | 66.7M-0.5% | |
| Shares outstanding (cover) | 62.9M-1.9% | 64.2M-2.1% | 65.6M-0.6% | 66.0M-1.1% | 66.7M-0.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 944M-34.3% | 1.44B+35.9% | 1.06B+595.4% | 152M-61.2% | 392M-52.7% | ||
| Depreciation & amortization | 222M+3.7% | 214M-2.3% | 219M+1.9% | 215M-2.3% | 220M+3.3% | |
| Intangible amortization | 27.0M+3.8% | 26.0M+0.0% | 26.0M+0.0% | 26.0M-3.7% | 27.0M-10.0% | |
| Deferred income taxes | 6.00M+140.0% | -15.0M-150.0% | -6.00M-100.0% | -3.00M+95.1% | -61.0M-771.4% | |
| Change in inventory | -3.00M+98.7% | -228M-230.4% | -69.0M-114.7% | 468M+50.0% | 312M+2128.6% | |
| Other operating activities | -67.0M-226.4% | 53.0M+453.3% | -15.0M-50.0% | -10.0M+33.3% | -15.0M+62.5% | |
| -444M-844.7% | -47.0M+85.7% | -329M-2.8% | -320M+4.5% | -335M+41.3% | ||
| Capital expenditure | 433M+46.8% | 295M-6.1% | 314M+4.7% | 300M+0.0% | 300M-11.8% | |
| Free cash flow | 511M-55.2% | 1.14B+53.6% | 743M+602.0% | -148M-260.9% | 92.0M-81.2% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 29.0M-27.5% | 40.0M-83.1% | |
| Proceeds from sale of PP&E | 0.00-100.0% | 6.00M+200.0% | 2.00M-71.4% | 7.00M-61.1% | 18.0M+157.1% | |
| Other investing activities | 3.00M+0.0% | 3.00M-50.0% | 6.00M+400.0% | -2.00M-115.4% | 13.0M+550.0% | |
| -491M+35.8% | -765M-34.4% | -569M-652.4% | 103M+127.6% | -373M-360.8% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 211M+0.5% | 210M+8.2% | 194M+7.2% | 181M-1.6% | 184M+3.4% | |
| FX effect on cash | 24.0M+185.7% | -28.0M-566.7% | 6.00M+122.2% | -27.0M-28.6% | -21.0M | |
| Net change in cash | 33.0M-94.5% | 596M+261.2% | 165M+279.3% | -92.0M+72.7% | -337M-184.0% | |
| Interest paid | 37.0M-22.9% | 48.0M-50.0% | 96.0M+17.1% | 82.0M+13.9% | 72.0M-7.7% | |
| Income taxes paid | 389M+130.2% | 169M+7.6% | 157M-16.0% | 187M+11.3% | 168M+40.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.94B-21.4% | 8.83B+24.8% | 7.08B+10.2% | 6.42B-0.4% | 6.45B+22.1% | |
| P/E | 9.5×-30.2% | 13.6×+20.7% | 11.3×-21.7% | 14.4×-73.8% | 55.1×+263.2% | |
| P/S | 1.0×-19.1% | 1.2×+38.2% | 0.9×+3.4% | 0.8×-11.0% | 0.9×+6.1% | |
| P/B | 1.6×-30.0% | 2.3×+10.4% | 2.1×+0.4% | 2.1×+0.7% | 2.1×+16.2% | |
| P/FCF | 13.6×+75.5% | 7.7×-57.5% | 18.2× | — | 70.1×+549.1% | |
| Earnings yield | 10.5%+43.3% | 7.3%-17.2% | 8.8%+27.6% | 6.9%+282.0% | 1.8%-72.5% | |
| FCF yield | 7.4%-43.0% | 12.9%+135.0% | 5.5% | — | 1.4%-84.6% | |
| Dividend yield | 3.0%+27.8% | 2.4%-12.8% | 2.7%-2.7% | 2.8%-1.8% | 2.9%-15.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: INGR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all INGR filings on SEC EDGAR → Not investment advice.