Last 47 quarters of trend data · Consumer Defensive · Packaged Foods
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Ingredion Incorporated's quarterly P/E stands at 10.8x, down 55.2% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 39.8% YoY to 7.1x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 8.76 | 10.77 | 11.70 | 11.34 | 11.27 | 24.05 | 12.14 | 12.92 | 9.04 | 13.77 | 10.42 | 10.95 | 8.92 |
| — | -55.2% | -3.7% | -12.2% | +24.6% | +74.6% | +16.5% | +18.0% | +1.3% | -3.8% | -17.7% | +5.3% | -21.4% | |
| P/S Ratio | 0.86 | 1.01 | 1.10 | 1.21 | 1.22 | 1.27 | 1.22 | 1.02 | 1.04 | 0.94 | 0.81 | 0.86 | 0.80 |
| — | -20.5% | -10.0% | +19.0% | +18.0% | +35.5% | +50.7% | +18.4% | +29.8% | +14.1% | +22.3% | +19.1% | +2.6% | |
| P/B Ratio | 1.46 | 1.63 | 1.85 | 2.08 | 2.19 | 2.35 | 2.27 | 2.03 | 2.04 | 1.97 | 1.90 | 2.05 | 2.03 |
| — | -30.8% | -18.6% | +2.6% | +7.4% | +19.1% | +19.3% | -1.2% | +0.6% | -1.4% | +12.7% | +13.4% | +17.6% | |
| P/FCF | 12.08 | 6.57 | 4.25 | 26.48 | — | 7.50 | 5.33 | 7.45 | 13.55 | 5.51 | 5.70 | 7.07 | — |
| — | -12.3% | -20.2% | +255.3% | — | +36.1% | -6.6% | +5.4% | — | — | -89.4% | — | — | |
| EV / EBITDA | 5.51 | 7.09 | 7.18 | 7.58 | 7.41 | 11.79 | 7.87 | 7.66 | 8.69 | 8.99 | 8.05 | 7.63 | 6.70 |
| — | -39.8% | -8.8% | -1.0% | -14.7% | +31.1% | -2.3% | +0.4% | +29.7% | -15.0% | +0.7% | +2.0% | -9.8% | |
| EV / EBIT | 6.69 | 9.10 | 8.94 | 9.06 | 8.89 | 15.82 | 9.22 | 9.38 | 7.84 | 11.39 | 10.27 | 9.37 | 7.95 |
| — | -42.5% | -3.0% | -3.4% | +13.5% | +38.8% | -10.2% | +0.1% | -1.4% | -19.7% | +1.1% | -0.0% | -14.2% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Ingredion Incorporated's operating margin was 12.5% in Q4 2025, down 1.4 pp QoQ and up 3.5 pp YoY. This marks the 4th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 14.1% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.3% | 24.5% | 25.1% | 26.0% | 25.7% | 24.9% | 25.6% | 23.7% | 22.2% | 20.8% | 20.7% | 21.3% | 22.8% |
| — | -1.9% | -2.2% | +9.6% | +16.0% | +19.8% | +23.7% | +11.4% | -2.8% | +17.9% | +12.0% | +11.7% | +13.8% | |
| Operating Margin | 14.4% | 12.5% | 13.9% | 14.8% | 15.2% | 9.0% | 14.3% | 12.8% | 11.3% | 10.5% | 10.5% | 12.1% | 13.6% |
| — | +39.1% | -3.2% | +15.7% | +34.5% | -14.4% | +36.8% | +5.3% | -16.9% | +33.1% | +16.5% | +16.4% | +22.7% | |
| Net Margin | 10.1% | 9.4% | 9.4% | 10.7% | 10.9% | 5.3% | 10.1% | 7.9% | 11.5% | 6.8% | 7.8% | 7.9% | 8.9% |
| — | +77.9% | -6.3% | +35.7% | -5.3% | -22.6% | +29.4% | +0.0% | +28.4% | +18.9% | +48.3% | +13.4% | +30.1% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.7% | 3.8% | 4.0% | 4.7% | 5.0% | 2.4% | 4.8% | 3.9% | 5.8% | 3.7% | 4.6% | 4.8% | 5.8% |
| — | +58.3% | -17.4% | +21.0% | -14.1% | -34.8% | +5.8% | -18.3% | +0.3% | +4.0% | +38.4% | +12.1% | +47.2% | |
| ROA | 9.5% | 2.1% | 2.2% | 2.6% | 2.6% | 1.3% | 2.5% | 2.0% | 2.9% | 1.7% | 2.1% | 2.1% | 2.5% |
| — | +65.3% | -14.1% | +26.3% | -8.5% | -26.4% | +22.2% | -4.8% | +14.9% | +13.2% | +45.5% | +11.6% | +39.5% | |
| ROIC | 15.5% | 3.2% | 3.6% | 4.0% | 4.2% | 2.4% | 4.0% | 3.5% | 2.9% | 2.7% | 2.8% | 3.3% | 3.8% |
| — | +30.4% | -8.6% | +15.1% | +42.6% | -9.6% | +39.5% | +5.5% | -23.0% | +26.9% | +11.4% | +9.8% | +26.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Ingredion Incorporated's Debt/EBITDA ratio is 6.5x, up from 5.8x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has declined for 5 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.41 | 0.41 | 0.42 | 0.42 | 0.44 | 0.52 | 0.46 | 0.49 | 0.49 | 0.66 | 0.69 | 0.71 | 0.78 |
| — | -21.6% | -8.9% | -14.6% | -10.4% | -20.5% | -34.2% | -30.9% | -37.3% | -19.8% | -9.9% | -3.2% | +18.8% | |
| Debt / EBITDA | 1.42 | 6.46 | 5.82 | 5.52 | 5.39 | 9.42 | 5.73 | 6.29 | 7.07 | 9.38 | 8.94 | 8.04 | 7.65 |
| — | -31.4% | +1.5% | -12.3% | -23.8% | +0.5% | -35.9% | -21.8% | -7.6% | -25.7% | -14.1% | -10.2% | -10.7% | |
| Current Ratio | 2.66 | 2.66 | 2.75 | 2.78 | 2.85 | 2.62 | 2.67 | 2.52 | 2.44 | 1.92 | 1.97 | 1.93 | 1.80 |
| — | +1.7% | +3.0% | +10.4% | +16.9% | +36.5% | +35.4% | +30.9% | +35.5% | +9.1% | +17.6% | +11.8% | -1.1% | |
| Quick Ratio | 1.73 | 1.73 | 1.79 | 1.81 | 1.86 | 1.69 | 1.69 | 1.51 | 1.39 | 1.10 | 1.07 | 0.98 | 0.92 |
| — | +2.3% | +6.3% | +20.3% | +33.7% | +53.9% | +57.5% | +53.2% | +51.0% | +20.9% | +18.1% | +2.4% | -13.2% | |
| Interest Coverage | 27.32 | 24.00 | 35.43 | 22.58 | 30.67 | 17.89 | 274.00 | 24.00 | 15.53 | 7.77 | 8.12 | 8.30 | 9.09 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Quick answers to the most common questions about buying INGR stock.
Ingredion Incorporated's current P/E is 8.8x. The average P/E over the last 4 quarters is 11.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Ingredion Incorporated's current operating margin is 14.4%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Ingredion Incorporated's business trajectory between earnings reports.