Ingredion Incorporated

INGR Consumer Defensive Packaged Foods

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

97.05 0.31 −0.32%
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

Ingredion Incorporated (INGR) Gross margin

Alert me on Gross margin

Ingredion Incorporated's gross margin over the twelve months to 30 June 2026 was 23.7%, down 1.6 percentage points from fiscal 2025 (25.3%). Over the past ten years it has ranged from 18.8% (fiscal 2022) to 25.3% (fiscal 2025) — the current reading is the highest in ten years. That is below the Packaged Foods industry median of 28.4% and below the Consumer Defensive sector median of 34.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 25.3% 1.22
FY2024 24.1% 2.67
FY2023 21.4% 2.63
FY2022 18.8% (0.51)
FY2021 19.3% (1.94)
FY2020 21.3% 0.12
FY2019 21.1% (0.62)
FY2018 21.8% (1.82)
FY2017 23.6% (0.99)
FY2016 24.6% 2.46

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 23.0% 0.65
Mar 2026 22.4% (2.09)
Dec 2025 24.5% (0.59)
Sep 2025 25.1% (0.96)
42 more quarters

Against its own ten years

Low 18.8% High 25.3%
Ten-year median 21.8%
Current reading's percentile 74

Gross margin against peers

Company Gross margin
FRPT Freshpet, Inc. compare 42.6%
POST Post Holdings, Inc. compare 28.8%
CPB The Campbell's Company compare 28.1%
DAR Darling Ingredients Inc. compare 26.8%
CAG Conagra Brands compare 23.8%
INGR Ingredion Incorporated 23.7%
LW Lamb Weston compare 19.4%
SFD Smithfield Foods, Inc. compare 12.6%
PPC Pilgrim's Pride Corporation compare 7.90%
Packaged Foods industry median 28.4%
Consumer Defensive sector median 34.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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