Ingredion Incorporated (INGR) quarterly cash flow statement — complete operating, investing & financing history
Ingredion Incorporated (INGR) cash flow statement — 29-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 90M | 33M | 405M | 277M | 185M | 77M | 436M | 479M | 312M | 209M | 410M | 368M | 330M | -51M | 72M | 84M | 48M | -52M | 133M | 130M |
| Operating CF Margin % | 4.86% | 1.84% | 23.05% | 15.25% | 10.09% | 4.25% | 24.22% | 25.61% | 16.61% | 11.11% | 21.34% | 18.1% | 15.95% | -2.39% | 3.62% | 4.15% | 2.35% | -2.75% | 7.58% | 7.37% |
| Operating CF Growth % | -51.35% | -57.14% | -7.11% | -42.17% | -40.71% | -63.16% | 6.34% | 30.16% | -5.45% | 509.8% | 469.44% | 338.1% | 587.5% | 1.92% | -45.86% | -35.38% | -55.14% | -336.36% | -50.19% | -51.49% |
| Net Income | 116M | 142M | 165M | 172M | 198M | 199M | 95M | 188M | 148M | 216M | 131M | 160M | 163M | 191M | 114M | 106M | 145M | 130M | 67M | 118M |
| Depreciation & Amortization | 55M | 55M | 57M | 57M | 53M | 55M | 54M | 53M | 54M | 53M | 54M | 56M | 55M | 54M | 55M | 53M | 54M | 53M | 56M | 52M |
| Stock-Based Compensation | 0 | 0 | 0 | -12M | 0 | 0 | 7M | 8M | 9M | 13M | 10M | 9M | 5M | 9M | 7M | 7M | 8M | 7M | 8M | 4M |
| Deferred Taxes | 0 | 0 | 4M | 2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7M | 0 | 0 | 0 | 0 | -5M | 0 | 0 | 0 |
| Other Non-Cash Items | -26M | 31M | 38M | 68M | -39M | 46M | 232M | 57M | 24M | -172M | 116M | 38M | -23M | -155M | 30M | 135M | 43M | -25M | 122M | 39M |
| Working Capital Changes | -55M | -195M | 141M | -10M | -27M | -223M | 48M | 173M | 77M | 99M | 99M | 112M | 130M | -150M | -134M | -217M | -197M | -217M | -120M | -83M |
| Change in Receivables | 178M | -178M | 136M | 216M | -44M | -172M | 35M | 112M | -5M | 6M | 83M | -38M | 76M | -44M | -34M | -66M | -84M | -126M | -36M | -8M |
| Change in Inventory | -47M | 47M | 1M | -3M | -25M | 28M | -1M | 41M | 84M | 104M | 8M | 103M | 45M | -87M | -67M | -145M | -137M | -119M | -86M | -61M |
| Change in Payables | 74M | -74M | 23M | 2M | 48M | -76M | 0 | 0 | 0 | 0 | 0 | -65M | 0 | 0 | 0 | 0 | 57M | 0 | 0 | 0 |
| Cash from Investing | -2M | -107M | -142M | -87M | -125M | -90M | -126M | -46M | -56M | 181M | -87M | -82M | -79M | -81M | -118M | -66M | -60M | -76M | -97M | -81M |
| Capital Expenditures | -100M | -110M | -135M | 193M | -101M | -92M | -131M | -50M | -55M | -65M | -83M | -79M | -78M | -76M | -97M | -59M | -59M | -85M | -114M | -86M |
| CapEx % of Revenue | 5.41% | 6.14% | 7.68% | 10.63% | 5.51% | 5.07% | 7.28% | 2.67% | 2.93% | 3.45% | 4.32% | 3.89% | 3.77% | 3.56% | 4.88% | 2.92% | 2.89% | 4.49% | 6.5% | 4.88% |
| Acquisitions | 0 | 5M | 0 | 19M | -19M | 0 | 0 | 0 | 0 | 0 | 0 | -1M | 0 | 0 | -22M | -7M | -25M | 0 | 18M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 97M | -1M | 2M | -299M | -5M | 2M | 5M | 4M | -1M | 246M | -4M | -2M | -1M | -5M | 1M | 0 | 24M | 9M | -13M | 5M |
| Cash from Financing | -53M | -41M | -151M | -136M | -50M | -154M | -164M | -75M | -179M | -347M | -268M | -204M | -210M | 113M | -19M | -23M | 26M | 119M | -137M | -142M |
| Debt Issued (Net) | -35M | 35M | -7M | 9M | 2M | -48M | -6M | -12M | -15M | 15M | -219M | -56M | -68M | 51M | 259M | -4M | 144M | 24M | -100M | -404M |
| Equity Issued (Net) | 0 | -14M | -90M | -79M | -24M | -55M | -129M | -21M | -65M | -1M | 0 | -101M | 0 | 0 | 0 | -29M | -44M | -39M | 9M | -44M |
| Dividends Paid | -53M | -52M | -54M | -51M | -54M | -52M | -54M | -52M | -53M | -51M | -51M | -48M | -48M | -47M | -48M | -47M | -47M | -43M | -46M | -52M |
| Share Repurchases | 0 | -14M | -90M | -79M | -24M | -55M | -129M | -21M | -65M | -1M | 0 | -101M | 0 | 0 | 0 | -29M | -44M | -39M | 68M | -44M |
| Other Financing | 35M | -10M | 0 | -15M | 26M | 1M | 25M | 10M | -46M | -310M | 2M | 1M | -94M | 109M | -230M | 57M | -27M | 177M | 0 | 358M |
| Net Change in Cash | 34M | -116M | 115M | 54M | 24M | -160M | 120M | 372M | 67M | 37M | 66M | 78M | 41M | -20M | -58M | -24M | -6M | -4M | -106M | -108M |
| Free Cash Flow | -10M | -77M | 270M | 470M | 84M | -15M | 305M | 429M | 257M | 144M | 327M | 289M | 252M | -127M | -25M | 25M | -11M | -137M | 36M | 44M |
| FCF Margin % | -0.54% | -4.3% | 15.37% | 25.88% | 4.58% | -0.83% | 16.94% | 22.94% | 13.68% | 7.65% | 17.02% | 14.22% | 12.18% | -5.94% | -1.26% | 1.24% | -0.54% | -7.24% | 2.05% | 2.5% |
| FCF Growth % | -111.9% | -413.33% | -11.48% | 9.56% | -67.32% | -110.42% | -6.73% | 48.44% | 1.98% | 213.39% | 1408% | 1056% | 2390.91% | 7.3% | -169.44% | -43.18% | -120% | -218.6% | -79.66% | -77.2% |
| FCF per Share | -0.16 | -1.20 | 4.19 | 7.19 | 1.28 | -0.23 | 4.59 | 6.45 | 3.85 | 2.16 | 4.92 | 4.31 | 3.74 | -1.89 | -0.37 | 0.38 | -0.16 | -2.03 | 0.53 | 0.65 |
| FCF Conversion (FCF/Net Income) | 0.79x | 0.23x | 2.45x | 1.62x | 0.94x | 0.39x | 4.59x | 2.55x | 2.11x | 0.97x | 3.13x | 2.33x | 2.02x | -0.27x | 0.63x | 0.79x | 0.34x | -0.40x | 1.99x | 1.10x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 48M | 0 | 0 | 0 | 96M | 0 | 0 | 0 | 82M | 0 | 0 | 0 | 72M | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |