📊 INGR Key Takeaways
Is INGR a Good Investment? Thesis Analysis
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.
Why Buy 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
INGR Investment Risks to Consider
- 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
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
INGR Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 2.66x current ratio provides a solid financial cushion.
INGR Profitability Ratios
INGR vs Default Sector
How Ingredion Inc compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is INGR Overvalued or Undervalued?
Based on fundamental analysis, Ingredion Inc has mixed fundamental signals relative to the Default 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.
INGR Balance Sheet & Liquidity
INGR 5-Year Financial Trend & Growth Analysis
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 Growth Metrics (YoY)
INGR Quarterly 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.
INGR Capital Allocation
INGR SEC 10-K & 10-Q Filing 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 an AI rating of BUY with 72% 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.
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.
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 March 2026, Ingredion Inc has a BUY rating with 72% 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 Default stocks?
Vs Default sector averages: Net margin 10.1% (avg: 12%), ROE 17.1% (avg: 15%), current ratio 2.66 (avg: 1.8).