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Ingredion Incorporated

INGRConsumer DefensiveNASDAQ

Packaged Foods

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Financials · Annual
Revenue
$7.22B
-2.8% YoY
Net Income
$729.0M
+12.7% YoY
EBITDA
$1.23B
+4.1% YoY
Free Cash Flow
$357.8M

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About Ingredion Incorporated

Ingredion Incorporated, together with its subsidiaries, engages in the manufacture and sale of sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and. The $6.38B market capitalization puts INGR squarely in mid-cap range for its industry. The company operates in Texture & Healthful Solutions; Food & Industrial Ingredients–LATAM; and Food & Industrial Ingredients–U.S./CANADA segments.

Key stats
Market Cap$6.38B
P/E (TTM)9.72
Fwd P/E8.71
EPS$10.40
Beta0.63
52W Change-26.3%
Dividend Yield3.24%
ROE16.2%
Analysis

On the balance sheet, INGR has $918.0M in cash with $1.82B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $357.8M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 16.2% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 7.9% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $7.95B (2022) to $7.22B (2025).

The relatively low beta of 0.63 suggests INGR is a less volatile holding compared to the broader index. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Ingredion Incorporated and its sector.

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