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
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Ingredion Incorporated (INGR) 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 | Free account |
Against its own ten years
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
More on INGR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement