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) Operating margin

Alert me on Operating margin

Ingredion Incorporated's operating margin over the twelve months to 30 June 2026 was 11.9%, down 2.2 percentage points from fiscal 2025 (14.1%). Over the past ten years it has ranged from 4.50% (fiscal 2021) to 14.1% (fiscal 2016); the current reading is higher than 91% of that period. That is above the Packaged Foods industry median of 2.53% and above the Consumer Defensive sector median of 1.70%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 14.1% 2.19
FY2024 11.9% 0.15
FY2023 11.7% 2.14
FY2022 9.59% 5.09
FY2021 4.50% (5.22)
FY2020 9.72% (0.97)
FY2019 10.7% (0.49)
FY2018 11.2% (2.21)
FY2017 13.4% (0.74)
FY2016 14.1% 2.39

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 10.2% (1.17)
Mar 2026 11.3% (1.19)
Dec 2025 12.5% (1.19)
Sep 2025 13.7% (1.07)
42 more quarters

Against its own ten years

Low 4.50% High 14.1%
Ten-year median 11.7%
Current reading's percentile 60

Operating margin against peers

Company Operating margin
DAR Darling Ingredients Inc. compare 17.9%
INGR Ingredion Incorporated 11.9%
POST Post Holdings, Inc. compare 9.60%
FRPT Freshpet, Inc. compare 8.76%
CPB The Campbell's Company compare 8.74%
LW Lamb Weston compare 7.80%
SFD Smithfield Foods, Inc. compare 7.59%
PPC Pilgrim's Pride Corporation compare 3.40%
CAG Conagra Brands compare −15.2%
Packaged Foods industry median 2.53%
Consumer Defensive sector median 1.70%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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