Stocktoria

Ingredion Inc INGR

NYSE · stock · Grain Mill Products · website · IPO 1997-12-11 · LEI

Ingredion Inc statistics & valuation

Market cap$6.1B
P / E8.4×
P / S0.9×
P / B1.4×
P / FCF12.0×
Dividend yield3.43%
Net margin10.1%
Return on equity17.0%
FCF margin7.1%
Net debt$712.0M
Net debt / EBITDA0.6×
Enterprise value USD$6.9B
EV / EBITDA5.5×
Earnings yield EBIT/EV14.8%
Return on capital15.4%
Graham number +24.1%$128.73

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($128.73); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
8.50% 8.30% 7.00% 6.70% 5.80% 1.70% 6.20% 7.90% 8.70% 10.10% 2016201720182019202020212022202320242025
Gross margin (%)
24.60% 23.60% 21.80% 21.10% 21.20% 19.30% 18.80% 21.40% 24.10% 25.30% 2016201720182019202020212022202320242025
Operating margin (%)
14.10% 13.40% 11.20% 10.70% 9.70% 4.50% 9.60% 11.70% 11.90% 14.10% 2016201720182019202020212022202320242025
Return on equity (%)
18.70% 17.80% 18.40% 15.10% 11.70% 3.80% 15.60% 18.10% 16.90% 17.00% 2016201720182019202020212022202320242025
Shares outstanding
74.1M 73.5M 71.8M 67.4M 67.6M 67.8M 67.0M 67.0M 66.6M 65.2M 2016201720182019202020212022202320242025
Net debt ($)
$1.44B $1.15B $1.60B $1.50B $1.08B $1.41B $1.70B $1.34B $790.0M $712.0M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
8.40% 8.50% 7.70% 6.80% 5.10% 1.70% 6.50% 8.40% 8.70% 9.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
8.50% 7.30% 5.60% 5.70% 8.20% 1.30% -1.90% 9.10% 15.40% 7.10% 2016201720182019202020212022202320242025
Debt / equity (×)
0.75× 0.60× 0.80× 0.64× 0.59× 0.56× 0.61× 0.49× 0.47× 0.41× 2016201720182019202020212022202320242025
EPS ($)
$6.55 $7.06 $6.17 $6.13 $5.15 $1.73 $7.34 $9.60 $9.71 $11.18 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Ingredion Inc trades at about 9.3× earnings — below its 10-year norm (10-year range 10.6×–54.7×, median 14.7×).

9.3× 54.7×

Shaded band = 10-year range (10.6×–54.7×); dot = today's 9.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin25.3%24.1%21.4%18.8%19.3%21.2%21.1%21.8%23.6%24.6%
Operating margin14.1%11.9%11.7%9.6%4.5%9.7%10.7%11.2%13.4%14.1%
Net margin10.1%8.7%7.9%6.2%1.7%5.8%6.7%7.0%8.3%8.5%
FCF margin7.1%15.4%9.1%-1.9%1.3%8.2%5.7%5.6%7.3%8.5%
Return on assets9.2%8.7%8.4%6.5%1.7%5.1%6.8%7.7%8.5%8.4%
Return on equity17.0%16.9%18.1%15.6%3.8%11.7%15.1%18.4%17.8%18.7%
Debt / equity0.41×0.47×0.49×0.61×0.56×0.59×0.64×0.80×0.60×0.75×
Current ratio2.662.621.921.761.781.822.232.262.522.30

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.