Friday 6 November 2026 Export INGR’s income statement to Excel — free account

Ingredion Incorporated

Ingredion Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, down 2.84% from fiscal 2024.

Revenue: +0.93%
EPS: −40.8%
Free cash flow: +34.4%
Total debt: −0.22%

Quarter to June 2026, against a year earlier

Dividend growth 10 yrs

93.11 4.31 −4.42%

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Market cap: $6.1B
P/E: 10.4×
Fwd P/E: 10.3×
Dividend yield: 3.39%
F-score: 8/9
Altman Z: 3.84
Beneish M: −2.53
Dividend safety: 89/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	18.83	19.41	14.65	15.04	15.19	55.22	13.13	11.26	13.92	9.72
Piotroski F-Score Full definition →	6	7	5	5	5	6	5	8	7	8
P/S ratio Full definition →	1.59	1.61	1.03	1.00	0.88	0.94	0.81	0.89	1.21	0.98
Altman Z-Score Full definition →	4.11	4.43	3.79	3.63	2.99	3.12	3.27	3.64	4.17	3.85
Altman Z″-Score (non-manufacturers) Full definition →	4.87	5.21	4.96	4.95	4.39	4.07	4.49	5.14	5.96	6.25
P/FCF ratio Full definition →	18.50	21.77	18.31	17.57	10.66	58.95	0.00	9.74	7.90	13.85
Beneish M-Score Full definition →	(2.53)	(2.58)	(2.70)	(2.56)	(2.78)	(2.48)	(2.10)	(2.85)	(3.13)	(2.53)
P/Operating CF Full definition →	39.59	41.13	52.26	32.73	19.80	48.76	89.55	17.66	20.67	17.48
Dividend Safety Score Full definition →	—	—	—	—	—	—	—	—	—	89
P/B ratio Full definition →	3.49	3.45	2.69	2.27	1.78	2.08	2.04	2.04	2.36	1.65
Price to Tangible BV Full definition →	6.93	6.22	5.60	4.14	3.25	3.66	3.46	3.22	3.52	2.34
EV/Sales Full definition →	1.84	1.82	1.31	1.26	1.14	1.19	1.09	1.11	1.32	1.09
EV/EBITDA Full definition →	10.48	10.85	8.68	8.82	8.56	15.47	8.90	7.67	8.96	6.33
EV/Operating CF Full definition →	13.63	14.74	11.73	11.47	8.21	20.91	57.18	8.53	6.85	8.30
EV/FCF Full definition →	21.44	24.49	23.29	22.03	13.73	74.53	(61.64)	12.14	8.62	15.33
Quick Ratio Full definition →	1.47	1.64	1.36	1.29	1.15	0.97	0.88	0.95	1.64	1.69
Current Ratio Full definition →	2.30	2.52	2.26	2.23	1.82	1.78	1.76	1.92	2.62	2.66
Net Debt/EBITDA Full definition →	1.44	1.21	1.86	1.79	1.91	3.23	2.30	1.51	0.75	0.61
Debt/Assets Full definition →	33.83%	30.66%	36.66%	30.60%	31.88%	29.23%	32.84%	28.63%	24.60%	22.67%
Debt/Equity Full definition →	0.75	0.64	0.87	0.67	0.74	0.66	0.79	0.62	0.48	0.42
Asset Turnover Full definition →	1.05	1.05	1.07	1.06	0.93	1.00	1.09	1.07	0.99	0.94
Operating CF/Net income Full definition →	1.59	1.48	1.59	1.65	2.38	3.35	0.31	1.64	2.22	1.29
Capex/Depreciation Full definition →	(1.43)	(1.46)	(1.41)	(1.48)	(1.56)	(1.28)	(1.36)	(1.43)	(1.38)	(1.95)
Interest Coverage Full definition →	12.21	11.45	8.17	8.20	7.19	4.19	7.70	8.39	22.64	27.46
ROE Full definition →	20.31%	18.83%	16.64%	16.04%	12.18%	3.84%	15.67%	19.15%	17.55%	17.96%
ROA Full definition →	8.94%	8.75%	7.50%	7.02%	5.40%	1.69%	6.76%	8.46%	8.58%	9.50%
ROIC Full definition →	12.48%	12.51%	10.53%	9.60%	8.10%	4.01%	8.81%	11.22%	11.88%	12.57%
Return on Tangible Assets Full definition →	14.31%	14.12%	13.07%	11.80%	9.55%	3.24%	12.83%	16.09%	14.91%	15.46%
Average Days of Receivables Full definition →	59.06	56.18	55.19	57.43	61.64	59.83	64.81	57.21	53.69	59.91
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Intangible Assets out of Total Assets Full definition →	0.22	0.21	0.22	0.21	0.20	0.19	0.17	0.17	0.17	0.16
Share Based Compensation of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Graham Net Nets Full definition →	(0.10)	(0.07)	(0.18)	(0.18)	(0.23)	(0.18)	(0.17)	(0.10)	(0.03)	(0.01)
Graham Number Full definition →	73.34	81.07	69.05	75.48	71.80	42.77	89.31	108.60	113.91	130.65
Earnings Yield Full definition →	5.31%	5.15%	6.83%	6.65%	6.58%	1.81%	7.62%	8.88%	7.18%	10.28%
Free Cash Flow Yield Full definition →	5.41%	4.59%	5.46%	5.69%	9.38%	1.70%	(2.19%)	10.26%	12.66%	7.22%
Revenue per Share Full definition →	78.89	86.72	88.70	92.81	89.09	102.74	120.03	123.64	113.44	112.45
Operating CF per Share Full definition →	10.66	10.68	9.92	10.16	12.34	5.84	2.30	16.02	21.92	14.70
Capex per Share Full definition →	(3.89)	(4.25)	(4.92)	(4.87)	(4.96)	(4.20)	(4.43)	(4.76)	(4.50)	(6.74)
Free Cash Flow per Share Full definition →	6.78	6.43	4.99	5.29	7.38	1.64	(2.13)	11.26	17.42	7.96
Cash per Share Full definition →	7.14	8.39	4.71	4.01	9.90	4.95	3.61	6.20	15.39	16.09
Shareholders Equity per Share Full definition →	35.89	40.51	33.96	40.97	44.23	46.47	47.78	53.82	58.37	66.90
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	35.89	40.51	33.96	40.97	44.23	46.47	47.78	53.82	58.37	66.90
Free Cash Flow Full definition →	490.00	463.00	354.00	354.00	496.00	110.00	(141.00)	743.00	1,141.00	511.00
Working Capital Full definition →	1,274.00	1,458.00	1,192.00	1,193.00	1,189.00	1,185.00	1,427.00	1,627.00	2,074.00	2,189.00
Capital Expenditures Full definition →	(281.00)	(306.00)	(349.00)	(326.00)	(333.00)	(282.00)	(293.00)	(314.00)	(295.00)	(433.00)
Net Current Asset Value Full definition →	(935.00)	(748.00)	(1,182.00)	(1,139.00)	(1,239.00)	(1,184.00)	(1,089.00)	(691.00)	(266.00)	(97.00)
EV/EBIT Full definition →	13.03	13.56	11.73	11.74	11.70	26.45	11.41	9.42	11.14	7.71
Capex to Sales Full definition →	0.05	0.05	0.06	0.05	0.06	0.04	0.04	0.04	0.04	0.06
Price to Operating Income Full definition →	11.25	12.05	9.22	9.37	9.08	20.92	8.46	7.56	10.20	6.97
Other line items
Depreciation/Fixed assets Full definition →	0.09	0.09	0.11	0.10	0.09	0.09	0.09	0.09	0.09	0.09
Cash ROIC Full definition →	9.67%	8.60%	7.31%	7.29%	8.52%	2.00%	(2.40%)	12.08%	17.13%	7.18%
Accounts Receivable Turnover Full definition →	6.72	6.63	6.58	6.44	6.02	6.44	6.25	6.07	6.26	6.34
Accounts Payable Turnover Full definition →	9.97	10.23	10.41	10.24	8.55	8.10	7.83	7.77	8.16	8.31
Inventory Turnover Full definition →	5.72	5.92	5.98	5.81	5.30	5.33	4.66	4.21	4.28	4.47
Average Days of Payables Full definition →	37.32	37.71	33.53	37.57	46.37	50.78	49.39	44.29	39.10	46.92
Days of Inventory on Hand Full definition →	66.93	62.95	61.12	64.18	70.99	76.90	90.34	82.55	76.83	83.07
Average Receivables Full definition →	849.00	942.00	956.00	964.00	994.00	1,070.50	1,270.50	1,345.00	1,186.00	1,139.00
Average Payables Full definition →	431.50	466.50	472.50	478.00	551.50	686.50	823.50	825.50	691.00	648.50
Average Inventory Full definition →	752.00	806.00	823.50	842.50	889.00	1,044.50	1,384.50	1,523.50	1,318.50	1,207.00
Average Assets Full definition →	5,428.00	5,931.00	5,904.00	5,884.00	6,449.00	6,928.50	7,280.00	7,601.50	7,543.00	7,670.50
Average Common Equity Full definition →	2,387.50	2,756.00	2,662.50	2,574.50	2,856.50	3,045.00	3,140.50	3,357.50	3,687.50	4,059.00

Show all line items

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