profit from every $100 of sales.
$0$100
Ingredion
$92.83+0.96% today
-15.1% in 1 year
1-year low $91.721-year high $120.41
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $7.93 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Ingredion sold, what it kept, and what it did with the cash.
Sales went from $7.95 billion in 2022 to $7.22 billion in 2025, with $729 million of profit last year.
SalesProfit
Ingredion handed back 85% of the cash it generated last year.
Buybacks $224M$211M
Free cash flow 2025$511M
Bought back its own shares$224M
Paid as dividends$211M
Cash vs. debt$1.0B vs. $2.0B
Ingredion vs. similar companies
Ingredion grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Ingredion | 7.9× · Cheap | ||
 Nestlé | 24.5× · Fair price | ||
 Danone | 24.0× · Fair price | ||
 JBS | 20.2× · Fair price | ||
 Foshan Haitian Flavouring and Food | 28.7× · Fair price |
Compare Ingredion with General Mills · Post Holdings
AI analysis
An AI analyst reads Ingredion's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 5,987 | 6,894 | 7,946 | 8,160 | 7,430 | 7,219 | |
| 1,272 | 1,331 | 1,494 | 1,749 | 1,791 | 1,828 | |
| 582 | 310 | 766 | 968 | 1,010 | 1,037 | |
| 795 | 530 | 982 | 1,172 | 1,184 | 1,233 | |
| 348 | 117 | 492 | 643 | 647 | 729 | |
| 5.15 | 1.73 | 7.34 | 9.60 | 9.71 | 11.18 | |
| 21.2% | 19.3% | 18.8% | 21.4% | 24.1% | 25.3% | |
| 9.7% | 4.5% | 9.6% | 11.9% | 13.6% | 14.4% | |
| 5.8% | 1.7% | 6.2% | 7.9% | 8.7% | 10.1% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 6,858 | 6,999 | 7,561 | 7,642 | 7,444 | 7,897 |
| Cash | 665 | 328 | 236 | 401 | 997 | 1,030 |
| Total debt | 2,426 | 2,247 | 2,677 | 2,401 | 2,035 | 1,971 |
| Total liabilities | 3,786 | 3,774 | 4,299 | 3,992 | 3,554 | 3,531 |
| 2,951 | 3,100 | 3,147 | 3,538 | 3,804 | 4,274 | |
| 68 | 68 | 67 | 67 | 67 | 65 | |
| 8.6% | 4.6% | 10.4% | 12.7% | 13.1% | 12.8% | |
| 11.8% | 3.8% | 15.6% | 18.2% | 17.0% | 17.1% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 829 | 392 | 152 | 1,057 | 1,436 | 944 | |
| 340 | 300 | 300 | 314 | 295 | 433 | |
| 489 | 92 | -148 | 743 | 1,141 | 511 | |
| Dividends paid | 178 | 184 | 181 | 194 | 210 | 211 |
| – | – | 112 | 101 | 216 | 224 | |
| 23 | 23 | 29 | 33 | 37 | 40 |
Valuation
- 7.9×
- 8.3×
- 0.47
- 1.5×
- 0.8×
- 11.3×
- 5.5×
- 8.8%
- 12.6%
- 3.1%
Profitability
- 25.3%
- 14.4%
- 10.1%
- 16.1%
- 10.6%
- 8.8%
- 15.6%
- 8.5%
- 14.2%
- –
Growth
- +3.8%
- +16.8%
- −55.0%
- +4.9%
- −1.1%
Financial health
- 0.8×
- 0.41
- 23.0%
- 25.5×
- 2.76
- 1.83
- 0.91
How it ranks in Consumer Staples
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 43%of 670
Top 33%of 674
Top 9%of 624
Bottom 36%of 673
Top 26%of 668
What analysts expect
- Average price target
- $124.25
- Range
- $122.00 – $128.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 2.34 | 2.44 | −4.1% |
| Feb 3, 2026 | 2.53 | 2.59 | −2.3% |
| Nov 4, 2025 | 2.75 | 2.73 | +0.7% |
| Aug 1, 2025 | 2.87 | 2.78 | +3.2% |
| May 6, 2025 | 2.97 | 2.44 | +21.7% |
| Feb 4, 2025 | 2.63 | 2.54 | +3.5% |
| Nov 5, 2024 | 3.05 | 2.58 | +18.2% |
| Aug 6, 2024 | 2.87 | 2.49 | +15.3% |
3.1%of the share price, paid each year
On $1,000 invested$31a year at today's yield, before tax
+4.9%2020 to 2025
Raised1 yearin a row, in our data
Paid per share, each year
$1.74 in 2015 → $3.22 in 2025
How safe it looks
28.9% of its profit
Room to growStretchedMore than it earns: 41.3%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
67Pass
Benjamin Graham
86Pass
Philip Fisher
56No pass
Peter Lynch
69Pass
Joel Greenblatt
59No pass
Charlie Munger
47No pass
Terry Smith
36No pass
Questions about Ingredion
Is Ingredion a good stock to buy?
A solid business, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Ingredion AI analysis
What does Ingredion do?
Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. It operates through four segments: North America; South America; Asia-Pacific; and Europe, Middle East and Africa. It is in Packaged Foods, based in Westchester, IL, United States, with 11,000 employees.
Does Ingredion pay a dividend?
Yes. At today's price the dividend is 3.1% a year, about 29% of its yearly profit. In 2025 it paid out $211 million in dividends.
Is Ingredion stock halal?
No. Ingredion does not pass our halal screen: its debt is 34% of its market value, at or above the 33% limit. How we check
How has Ingredion stock done over the past year?
Down 15.1% over the past twelve months, to $92.83. It traded between $91.72 and $120.41 and is 22.9% below its high.
Who are Ingredion's competitors?
The largest listed companies in the same industry are Nestlé, Danone, JBS and Foshan Haitian Flavouring and Food. The peers table on this page compares their profit, growth and price with Ingredion's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.