INGREDION INC (INGR) Stock Fundamental Analysis

NYSE:INGR • US4571871023

114.98 USD
-1.99 (-1.7%)
At close: Mar 3, 2026
114.98 USD
0 (0%)
After Hours: 3/3/2026, 4:05:50 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

7

INGR gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 88 industry peers in the Food Products industry. INGR scores excellent points on both the profitability and health parts. This is a solid base for a good stock. INGR is valued quite cheap, but it does not seem to be growing. These ratings could make INGR a good candidate for value investing.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year INGR was profitable.
  • INGR had a positive operating cash flow in the past year.
  • Each year in the past 5 years INGR has been profitable.
  • Each year in the past 5 years INGR had a positive operating cash flow.
INGR Yearly Net Income VS EBIT VS OCF VS FCFINGR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B

1.2 Ratios

  • INGR has a better Return On Assets (9.23%) than 90.91% of its industry peers.
  • The Return On Equity of INGR (17.06%) is better than 87.50% of its industry peers.
  • INGR has a better Return On Invested Capital (11.40%) than 90.91% of its industry peers.
  • INGR had an Average Return On Invested Capital over the past 3 years of 11.48%. This is significantly below the industry average of 28.23%.
Industry RankSector Rank
ROA 9.23%
ROE 17.06%
ROIC 11.4%
ROA(3y)8.78%
ROA(5y)6.9%
ROE(3y)17.41%
ROE(5y)14.33%
ROIC(3y)11.48%
ROIC(5y)10.44%
INGR Yearly ROA, ROE, ROICINGR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • INGR has a Profit Margin of 10.10%. This is amongst the best in the industry. INGR outperforms 88.64% of its industry peers.
  • INGR's Profit Margin has improved in the last couple of years.
  • INGR's Operating Margin of 14.36% is amongst the best of the industry. INGR outperforms 87.50% of its industry peers.
  • INGR's Operating Margin has improved in the last couple of years.
  • INGR has a Gross Margin of 25.32%. This is in the better half of the industry: INGR outperforms 62.50% of its industry peers.
  • INGR's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 14.36%
PM (TTM) 10.1%
GM 25.32%
OM growth 3Y14.22%
OM growth 5Y4.96%
PM growth 3Y17.71%
PM growth 5Y11.68%
GM growth 3Y10.43%
GM growth 5Y3.57%
INGR Yearly Profit, Operating, Gross MarginsINGR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so INGR is still creating some value.
  • The number of shares outstanding for INGR has been reduced compared to 1 year ago.
  • INGR has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, INGR has an improved debt to assets ratio.
INGR Yearly Shares OutstandingINGR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
INGR Yearly Total Debt VS Total AssetsINGR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • INGR has an Altman-Z score of 3.90. This indicates that INGR is financially healthy and has little risk of bankruptcy at the moment.
  • INGR has a Altman-Z score of 3.90. This is amongst the best in the industry. INGR outperforms 80.68% of its industry peers.
  • INGR has a debt to FCF ratio of 3.50. This is a good value and a sign of high solvency as INGR would need 3.50 years to pay back of all of its debts.
  • INGR has a better Debt to FCF ratio (3.50) than 79.55% of its industry peers.
  • INGR has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of INGR (0.42) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.42
Debt/FCF 3.5
Altman-Z 3.9
ROIC/WACC1.49
WACC7.63%
INGR Yearly LT Debt VS Equity VS FCFINGR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B 4B

2.3 Liquidity

  • A Current Ratio of 2.66 indicates that INGR has no problem at all paying its short term obligations.
  • The Current ratio of INGR (2.66) is better than 73.86% of its industry peers.
  • INGR has a Quick Ratio of 1.73. This is a normal value and indicates that INGR is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of INGR (1.73) is better than 80.68% of its industry peers.
Industry RankSector Rank
Current Ratio 2.66
Quick Ratio 1.73
INGR Yearly Current Assets VS Current LiabilitesINGR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 4.61% over the past year.
  • INGR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.29% yearly.
  • INGR shows a decrease in Revenue. In the last year, the revenue decreased by -2.84%.
  • Measured over the past years, INGR shows a small growth in Revenue. The Revenue has been growing by 3.81% on average per year.
EPS 1Y (TTM)4.61%
EPS 3Y14.28%
EPS 5Y12.29%
EPS Q2Q%-3.8%
Revenue 1Y (TTM)-2.84%
Revenue growth 3Y-3.15%
Revenue growth 5Y3.81%
Sales Q2Q%-2.39%

3.2 Future

  • INGR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.03% yearly.
  • The Revenue is expected to grow by 0.94% on average over the next years.
EPS Next Y4.34%
EPS Next 2Y4.1%
EPS Next 3Y0.3%
EPS Next 5Y1.03%
Revenue Next Year1.62%
Revenue Next 2Y2.13%
Revenue Next 3Y2.1%
Revenue Next 5Y0.94%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
INGR Yearly Revenue VS EstimatesINGR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B 8B
INGR Yearly EPS VS EstimatesINGR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8 10

More info and screens

Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 10.34, which indicates a very decent valuation of INGR.
  • INGR's Price/Earnings ratio is rather cheap when compared to the industry. INGR is cheaper than 84.09% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of INGR to the average of the S&P500 Index (27.13), we can say INGR is valued rather cheaply.
  • The Price/Forward Earnings ratio is 9.91, which indicates a very decent valuation of INGR.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of INGR indicates a rather cheap valuation: INGR is cheaper than 89.77% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.11. INGR is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 10.34
Fwd PE 9.91
INGR Price Earnings VS Forward Price EarningsINGR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • INGR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. INGR is cheaper than 81.82% of the companies in the same industry.
  • INGR's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. INGR is cheaper than 76.14% of the companies in the same industry.
Industry RankSector Rank
P/FCF 14.18
EV/EBITDA 6.41
INGR Per share dataINGR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The excellent profitability rating of INGR may justify a higher PE ratio.
PEG (NY)2.38
PEG (5Y)0.84
EPS Next 2Y4.1%
EPS Next 3Y0.3%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • INGR has a Yearly Dividend Yield of 2.80%. Purely for dividend investing, there may be better candidates out there.
  • INGR's Dividend Yield is a higher than the industry average which is at 2.22.
  • INGR's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.8%

5.2 History

  • The dividend of INGR has a limited annual growth rate of 4.46%.
  • INGR has been paying a dividend for at least 10 years, so it has a reliable track record.
  • The dividend of INGR decreased recently.
Dividend Growth(5Y)4.46%
Div Incr Years1
Div Non Decr Years1
INGR Yearly Dividends per shareINGR Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • 28.94% of the earnings are spent on dividend by INGR. This is a low number and sustainable payout ratio.
  • The dividend of INGR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP28.94%
EPS Next 2Y4.1%
EPS Next 3Y0.3%
INGR Yearly Income VS Free CF VS DividendINGR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M 1B
INGR Dividend Payout.INGR Dividend Payout, showing the Payout Ratio.INGR Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

INGREDION INC

NYSE:INGR (3/3/2026, 4:05:50 PM)

After market: 114.98 0 (0%)

114.98

-1.99 (-1.7%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)02-03
Earnings (Next)05-04
Inst Owners96.37%
Inst Owner Change2.23%
Ins Owners0.83%
Ins Owner Change4.91%
Market Cap7.24B
Revenue(TTM)7.22B
Net Income(TTM)729.00M
Analysts75.38
Price Target127.58 (10.96%)
Short Float %3.65%
Short Ratio3.45
Dividend
Industry RankSector Rank
Dividend Yield 2.8%
Yearly Dividend3.31
Dividend Growth(5Y)4.46%
DP28.94%
Div Incr Years1
Div Non Decr Years1
Ex-Date01-02
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.79%
Min EPS beat(2)-6.61%
Max EPS beat(2)-4.97%
EPS beat(4)2
Avg EPS beat(4)2.5%
Min EPS beat(4)-6.61%
Max EPS beat(4)20.64%
EPS beat(8)5
Avg EPS beat(8)4.78%
EPS beat(12)8
Avg EPS beat(12)7.76%
EPS beat(16)12
Avg EPS beat(16)7.66%
Revenue beat(2)0
Avg Revenue beat(2)-4.9%
Min Revenue beat(2)-6.39%
Max Revenue beat(2)-3.41%
Revenue beat(4)0
Avg Revenue beat(4)-4.5%
Min Revenue beat(4)-6.39%
Max Revenue beat(4)-3.31%
Revenue beat(8)0
Avg Revenue beat(8)-5.61%
Revenue beat(12)0
Avg Revenue beat(12)-5.95%
Revenue beat(16)2
Avg Revenue beat(16)-4.33%
PT rev (1m)0.81%
PT rev (3m)0.13%
EPS NQ rev (1m)-9.7%
EPS NQ rev (3m)-10.34%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)-2.9%
Revenue NQ rev (1m)-0.92%
Revenue NQ rev (3m)-1.51%
Revenue NY rev (1m)0.52%
Revenue NY rev (3m)-3.35%
Valuation
Industry RankSector Rank
PE 10.34
Fwd PE 9.91
P/S 1
P/FCF 14.18
P/OCF 7.67
P/B 1.69
P/tB 2.41
EV/EBITDA 6.41
EPS(TTM)11.12
EY9.67%
EPS(NY)11.6
Fwd EY10.09%
FCF(TTM)8.11
FCFY7.05%
OCF(TTM)14.98
OCFY13.03%
SpS114.59
BVpS67.84
TBVpS47.7
PEG (NY)2.38
PEG (5Y)0.84
Graham Number130.28
Profitability
Industry RankSector Rank
ROA 9.23%
ROE 17.06%
ROCE 15.76%
ROIC 11.4%
ROICexc 13.51%
ROICexgc 17.47%
OM 14.36%
PM (TTM) 10.1%
GM 25.32%
FCFM 7.08%
ROA(3y)8.78%
ROA(5y)6.9%
ROE(3y)17.41%
ROE(5y)14.33%
ROIC(3y)11.48%
ROIC(5y)10.44%
ROICexc(3y)13.21%
ROICexc(5y)11.65%
ROICexgc(3y)17.17%
ROICexgc(5y)15.16%
ROCE(3y)16.21%
ROCE(5y)14.97%
ROICexgc growth 3Y13.57%
ROICexgc growth 5Y6.32%
ROICexc growth 3Y13.12%
ROICexc growth 5Y7.27%
OM growth 3Y14.22%
OM growth 5Y4.96%
PM growth 3Y17.71%
PM growth 5Y11.68%
GM growth 3Y10.43%
GM growth 5Y3.57%
F-Score8
Asset Turnover0.91
Health
Industry RankSector Rank
Debt/Equity 0.42
Debt/FCF 3.5
Debt/EBITDA 1.42
Cap/Depr 195.05%
Cap/Sales 6%
Interest Coverage 250
Cash Conversion 74.98%
Profit Quality 70.1%
Current Ratio 2.66
Quick Ratio 1.73
Altman-Z 3.9
F-Score8
WACC7.63%
ROIC/WACC1.49
Cap/Depr(3y)160%
Cap/Depr(5y)151.18%
Cap/Sales(3y)4.64%
Cap/Sales(5y)4.41%
Profit Quality(3y)120.25%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.61%
EPS 3Y14.28%
EPS 5Y12.29%
EPS Q2Q%-3.8%
EPS Next Y4.34%
EPS Next 2Y4.1%
EPS Next 3Y0.3%
EPS Next 5Y1.03%
Revenue 1Y (TTM)-2.84%
Revenue growth 3Y-3.15%
Revenue growth 5Y3.81%
Sales Q2Q%-2.39%
Revenue Next Year1.62%
Revenue Next 2Y2.13%
Revenue Next 3Y2.1%
Revenue Next 5Y0.94%
EBIT growth 1Y2.67%
EBIT growth 3Y10.62%
EBIT growth 5Y8.97%
EBIT Next Year22.3%
EBIT Next 3Y9.87%
EBIT Next 5Y4.75%
FCF growth 1Y-54.98%
FCF growth 3YN/A
FCF growth 5Y0.88%
OCF growth 1Y-34.26%
OCF growth 3Y83.81%
OCF growth 5Y2.63%

INGREDION INC / INGR FAQ

Can you provide the ChartMill fundamental rating for INGREDION INC?

ChartMill assigns a fundamental rating of 7 / 10 to INGR.


Can you provide the valuation status for INGREDION INC?

ChartMill assigns a valuation rating of 7 / 10 to INGREDION INC (INGR). This can be considered as Undervalued.


Can you provide the profitability details for INGREDION INC?

INGREDION INC (INGR) has a profitability rating of 8 / 10.


What is the expected EPS growth for INGREDION INC (INGR) stock?

The Earnings per Share (EPS) of INGREDION INC (INGR) is expected to grow by 4.34% in the next year.


How sustainable is the dividend of INGREDION INC (INGR) stock?

The dividend rating of INGREDION INC (INGR) is 5 / 10 and the dividend payout ratio is 28.94%.