Ingredion Inc (INGR) Financial Statements
Industry: Grain Mill Products
In fiscal 2025, Ingredion reported revenue of $7.22B, down 2.8% from $7.43B the year before. Net income was $729.0M (a 10.1% net margin), or $11.18 per diluted share. Gross margin was 25.3% and operating margin was 14.1%. Operating activities generated $944.0M of cash, leaving $511.0M of free cash flow. At fiscal year end, Ingredion held $7.90B in total assets against $3.53B in total liabilities, including $1.03B of cash and equivalents.
Open the full interactive Ingredion financials → Quarterly statements, key ratios, valuation history and price charts.
Ingredion Key Stats
| Share Price | $97.26 |
|---|---|
| Market Cap | $6.21B |
| P/E Ratio | 8.7 |
| Dividend Yield | 3.38% |
| Revenue YoY Growth | -2.8% |
| 52-Week Range | $93.08 – $117.69 |
| Shares Outstanding | 63.3 million (basic, 2026 Q2) |
Ingredion Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $5.99B | $6.89B | $7.95B | $8.16B | $7.43B | $7.22B |
| Cost of Goods Sold | $4.71B | $5.56B | $6.45B | $6.41B | $5.64B | $5.39B |
| Gross Profit | $1.27B | $1.33B | $1.49B | $1.75B | $1.79B | $1.83B |
| Operating Income | $582.0M | $310.0M | $762.0M | $957.0M | $883.0M | $1.02B |
| Pre-Tax Income | $506.0M | $248.0M | $668.0M | $839.0M | $931.0M | $974.0M |
| Income Tax | $152.0M | $123.0M | $166.0M | $188.0M | $277.0M | $238.0M |
| Net Income | $348.0M | $117.0M | $492.0M | $643.0M | $647.0M | $729.0M |
| Diluted EPS | $5.15 | $1.73 | $7.34 | $9.60 | $9.71 | $11.18 |
Ingredion Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.82B | $1.76B | $1.79B | $1.85B |
| Net Income | $171.0M | $165.0M | $142.0M | $114.0M |
| Diluted EPS | $2.61 | $2.53 | $2.22 | $1.78 |
Ingredion Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $665.0M | $328.0M | $236.0M | $401.0M | $997.0M | $1.03B |
| Current Assets | $2.65B | $2.70B | $3.31B | $3.40B | $3.35B | $3.50B |
| Total Assets | $6.86B | $7.00B | $7.56B | $7.64B | $7.44B | $7.90B |
| Current Liabilities | $1.46B | $1.51B | $1.88B | $1.77B | $1.28B | $1.32B |
| Total Long-Term Debt | $1.75B | $1.74B | $1.94B | $1.74B | $1.79B | $1.74B |
| Total Liabilities | $3.79B | $3.77B | $4.30B | $3.99B | $3.55B | $3.53B |
| Shareholders' Equity | $2.95B | $3.10B | $3.15B | $3.54B | $3.80B | $4.27B |
Ingredion Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $829.0M | $392.0M | $152.0M | $1.06B | $1.44B | $944.0M |
| Cash From Investing | -$571.0M | -$335.0M | -$320.0M | -$329.0M | -$47.0M | -$444.0M |
| Cash From Financing | $143.0M | -$373.0M | $103.0M | -$569.0M | -$765.0M | -$491.0M |
| Free Cash Flow | $489.0M | $92.0M | -$148.0M | $741.0M | $1.14B | $511.0M |
| Dividends Paid | $178.0M | $184.0M | $181.0M | $194.0M | $210.0M | $211.0M |
Figures from Ingredion's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Ingredion financials page for every line item.
Ingredion Company Profile
| Ticker | INGR |
|---|---|
| Exchange | NYSE |
| Industry | Grain Mill Products |
| Headquarters | Westchester, Illinois |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001046257 |
Frequently Asked Questions
What was Ingredion's revenue in fiscal 2025?
Ingredion (INGR) reported revenue of $7.22B for fiscal 2025.
What is Ingredion's annual revenue history?
Ingredion's annual revenue by fiscal year: 2020: $5.99B; 2021: $6.89B; 2022: $7.95B; 2023: $8.16B; 2024: $7.43B; 2025: $7.22B.
What was Ingredion's net income in fiscal 2025?
Ingredion reported net income of $729.0M for fiscal 2025.
What was Ingredion's earnings per share (EPS) in fiscal 2025?
Ingredion's diluted EPS was $11.18 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Ingredion generate in fiscal 2025?
Ingredion generated $511.0M of free cash flow in fiscal 2025.
What was Ingredion's revenue last quarter?
In its most recent reported quarter (2026 Q2), Ingredion reported revenue of $1.85B.
How much debt does Ingredion have?
Ingredion reported $1.74B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Ingredion are outstanding?
Ingredion reported a weighted average of 63.3 million basic shares outstanding in 2026 Q2.
What is Ingredion's market cap?
Based on its latest closing price, Ingredion (INGR) has a market capitalization of about $6.21B.
When does Ingredion's fiscal year end?
Ingredion's fiscal year end, as registered with the SEC, is December 31.
Where is Ingredion headquartered?
Ingredion lists its business address in Westchester, Illinois in its SEC filings.