📊 INGR Key Takeaways
Is Ingredion Inc (INGR) a Good Investment?
Ingredion demonstrates solid fundamental financial health with strong profitability metrics (10.1% net margin, 17.1% ROE) and excellent liquidity (2.66x current ratio). However, revenue contraction of 2.8% YoY is concerning and suggests market headwinds in the grain mill products sector, offset only partially by EPS growth driven by share buybacks rather than operational expansion.
Ingredion shows strong underlying fundamentals with healthy profitability, solid free cash flow generation, and a conservative balance sheet. Margin performance is strong for a largely commodity-linked business, and liquidity is robust, but the latest period reflects muted top-line growth and flat net income, which tempers conviction. Overall, the business appears financially resilient with good earnings quality, though future upside depends on returning to more consistent revenue growth.
Why Buy Ingredion Inc Stock? INGR Key Strengths
- Strong profitability with double-digit net and operating margins (10.1% and 14.1% respectively)
- Excellent liquidity position with 2.66x current ratio and $1.0B in cash providing financial flexibility
- Healthy free cash flow generation of $511M with 7.1% FCF margin supporting capital investments and shareholder returns
- Conservative leverage with 0.41x debt-to-equity ratio indicating sustainable capital structure
- Strong ROE of 17.1% and ROA of 9.2% demonstrating efficient asset utilization
- Strong profitability profile with 25.3% gross margin, 14.1% operating margin, and 10.1% net margin
- Healthy balance sheet with $1.03B cash, 2.66x current ratio, and modest 0.41x debt-to-equity
- Positive cash generation with $944M operating cash flow and $511M free cash flow
INGR Stock Risks: Ingredion Inc Investment Risks
- Revenue declining 2.8% YoY indicates loss of market share or reduced demand in core grain mill products market
- EPS growth of 15.1% driven by lower share count rather than earnings growth (net income flat YoY) signals reliance on financial engineering
- Significant insider activity with 52 Form 4 filings in 90 days warrants investigation of motivation and timing
- Capital expenditure of $433M annually suggests ongoing need for reinvestment to maintain competitiveness in commodity-oriented sector
- Revenue declined 2.8% YoY, indicating limited near-term growth momentum
- Net income was flat YoY, suggesting margin gains may be offsetting weaker sales rather than driving broad earnings growth
- EPS growth outpaced net income growth materially, which may indicate lower-quality per-share growth if driven mainly by share count reduction
Key Metrics to Watch
- Revenue growth trajectory - critical to assess if 2.8% decline is temporary or structural market shift
- Gross margin trends - monitor if 25.3% margin is sustainable amid commodity input price volatility
- Free cash flow sustainability - ensure $511M FCF can be maintained while funding capital needs and debt service
- Revenue growth and volume/mix trends across operating segments
- Free cash flow conversion and operating margin sustainability
Ingredion Inc (INGR) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.66x current ratio provides a solid financial cushion.
INGR Profit Margin, ROE & Profitability Analysis
INGR vs Market Sector: How Ingredion Inc Compares
How Ingredion Inc compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Ingredion Inc Stock Overvalued? INGR Valuation Analysis 2026
Based on fundamental analysis, Ingredion Inc has mixed fundamental signals relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Ingredion Inc Balance Sheet: INGR Debt, Cash & Liquidity
INGR Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Ingredion Inc's revenue has grown significantly by 18% over the 5-year period, indicating strong business expansion. The most recent EPS of $9.60 reflects profitable operations.
INGR Revenue Growth, EPS Growth & YoY Performance
INGR Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $1.8B | $171.0M | $2.61 |
| Q2 2025 | $1.8B | $148.0M | $2.22 |
| Q1 2025 | $1.8B | $197.0M | $3.00 |
| Q3 2024 | $1.9B | $158.0M | $2.36 |
| Q2 2024 | $1.9B | $148.0M | $2.22 |
| Q1 2024 | $1.9B | $191.0M | $2.85 |
| Q3 2023 | $2.0B | $106.0M | $1.59 |
| Q2 2023 | $2.0B | $142.0M | $2.12 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Ingredion Inc Dividends, Buybacks & Capital Allocation
INGR SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Ingredion Inc (CIK: 0001046257)
📋 Recent SEC Filings
❓ Frequently Asked Questions about INGR
What is the AI rating for INGR?
Ingredion Inc (INGR) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are INGR's key strengths?
Claude: Strong profitability with double-digit net and operating margins (10.1% and 14.1% respectively). Excellent liquidity position with 2.66x current ratio and $1.0B in cash providing financial flexibility. ChatGPT: Strong profitability profile with 25.3% gross margin, 14.1% operating margin, and 10.1% net margin. Healthy balance sheet with $1.03B cash, 2.66x current ratio, and modest 0.41x debt-to-equity.
What are the risks of investing in INGR?
Claude: Revenue declining 2.8% YoY indicates loss of market share or reduced demand in core grain mill products market. EPS growth of 15.1% driven by lower share count rather than earnings growth (net income flat YoY) signals reliance on financial engineering. ChatGPT: Revenue declined 2.8% YoY, indicating limited near-term growth momentum. Net income was flat YoY, suggesting margin gains may be offsetting weaker sales rather than driving broad earnings growth.
What is INGR's revenue and growth?
Ingredion Inc reported revenue of $7.2B.
Does INGR pay dividends?
Ingredion Inc pays dividends, with $211.0M distributed to shareholders in the trailing twelve months.
Where can I find INGR SEC filings?
Official SEC filings for Ingredion Inc (CIK: 0001046257) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is INGR's EPS?
Ingredion Inc has a diluted EPS of $11.18.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is INGR a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Ingredion Inc has a BUY rating with 76% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is INGR stock overvalued or undervalued?
Valuation metrics for INGR: ROE of 17.1% (sector avg: 15%), net margin of 10.1% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
Should I buy INGR stock in 2026?
Our dual AI analysis gives Ingredion Inc a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is INGR's free cash flow?
Ingredion Inc's operating cash flow is $944.0M, with capital expenditures of $433.0M. FCF margin is 7.1%.
How does INGR compare to other Market stocks?
Vs Default sector averages: Net margin 10.1% (avg: 12%), ROE 17.1% (avg: 15%), current ratio 2.66 (avg: 1.8).