Ingredion Incorporated financials
$96.45−0.28%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.22B | $7.43B | $8.16B | $7.95B | $6.89B | $5.99B | $6.21B | $6.29B | $6.24B | $6.08B |
| Gross profit | $1.83B | $1.79B | $1.75B | $1.49B | $1.33B | $1.27B | $1.31B | $1.37B | $1.47B | $1.40B |
| Gross margin | 25.3% | 24.1% | 21.4% | 18.8% | 19.3% | 21.2% | 21.1% | 21.8% | 23.6% | 23.0% |
| Operating income | $1.02B | $883.0M | $957.0M | $762.0M | $310.0M | $582.0M | $664.0M | $703.0M | $836.0M | $806.0M |
| Net income | $729.0M | $647.0M | $643.0M | $492.0M | $117.0M | $348.0M | $413.0M | $443.0M | $519.0M | $485.0M |
| Net margin | 10.1% | 8.7% | 7.9% | 6.2% | 1.7% | 5.8% | 6.7% | 7.0% | 8.3% | 8.0% |
| Diluted EPS | $11.18 | $9.71 | $9.60 | $7.34 | $1.73 | $5.15 | $6.13 | $6.17 | $7.06 | $6.55 |
| EBITDA | $1.26B | $1.22B | $1.19B | $981.0M | $917.0M | $888.0M | $941.0M | $1.01B | $1.08B | $1.02B |
| Operating cash flow | $944.0M | $1.44B | $1.06B | $152.0M | $392.0M | $829.0M | $680.0M | $703.0M | $769.0M | $771.0M |
| Free cash flow | $511.0M | $1.14B | $743.0M | -$148.0M | $92.0M | $489.0M | $352.0M | $353.0M | $455.0M | $487.0M |
| Diluted shares | 65.2M | 66.6M | 67.0M | 67.0M | 67.8M | 67.6M | 67.4M | 71.8M | 73.5M | 74.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.03B | $997.0M | $401.0M | $236.0M | $328.0M | $665.0M |
| Short-term investments | $3.0M | $11.0M | $8.0M | $3.0M | $4.0M | — |
| Total debt | $1.79B | $1.83B | $2.19B | $2.48B | $2.05B | $2.19B |
| Total assets | $7.90B | $7.44B | $7.64B | $7.56B | $7.00B | $6.86B |
| Total liabilities | $3.53B | $3.55B | $3.99B | $4.30B | $3.77B | $3.79B |
| Shareholders' equity | $4.37B | $3.82B | $3.55B | $3.16B | $3.12B | $2.97B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology