📊 INGR Key Takeaways
Is Ingredion Inc (INGR) a Good Investment?
Ingredion faces deteriorating fundamentals with declining revenues (-2.8% YoY) and negative free cash flow of -$77M despite positive accounting earnings, indicating unsustainable cash burn. Weak returns on equity (3.2%) and assets (1.8%) reveal poor capital efficiency, while the significant disconnect between net income ($142M) and operating cash flow ($33M) raises earnings quality concerns.
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
- Solid balance sheet with $914M cash and conservative 0.40x debt/equity leverage ratio
- Healthy liquidity ratios (2.76x current ratio, 1.83x quick ratio) provide operational flexibility
- Stable operating margins at 11.3% demonstrate pricing power despite revenue headwinds
- 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
- Negative free cash flow of -$77M indicates company is burning cash despite accounting profitability
- Declining revenues (-2.8% YoY) and net income (-1.0% YoY) suggest structural business deterioration
- Extremely weak returns on equity (3.2%) and assets (1.8%) indicate poor capital allocation and value creation
- 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
- Free cash flow reversal and path to positive cash generation
- Revenue stabilization and operating cash flow improvement relative to earnings
- Return on invested capital trends and capital expenditure efficiency
- 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 2.76x 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 |
|---|---|---|---|
| Q1 2026 | $1.8B | $142.0M | $2.22 |
| 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 |
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 HOLD from Claude (SELL) and ChatGPT (BUY) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are INGR's key strengths?
Claude: Solid balance sheet with $914M cash and conservative 0.40x debt/equity leverage ratio. Healthy liquidity ratios (2.76x current ratio, 1.83x quick ratio) provide operational 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: Negative free cash flow of -$77M indicates company is burning cash despite accounting profitability. Declining revenues (-2.8% YoY) and net income (-1.0% YoY) suggest structural business deterioration. 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 $1.8B.
Does INGR pay dividends?
Ingredion Inc pays dividends, with $52.0M 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 $2.22.
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 May 2026, Ingredion Inc has a HOLD rating with 74% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is INGR stock overvalued or undervalued?
Valuation metrics for INGR: ROE of 3.2% (sector avg: 15%), net margin of 7.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy INGR stock in 2026?
Our dual AI analysis gives Ingredion Inc a combined HOLD 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 $33.0M, with capital expenditures of $110.0M. FCF margin is -4.3%.
How does INGR compare to other Market stocks?
Vs Default sector averages: Net margin 7.9% (avg: 12%), ROE 3.2% (avg: 15%), current ratio 2.76 (avg: 1.8).