INGR - Ingredion Incorporated
NYSE
->
Consumer Defensive
->
Packaged Foods
Westchester,
United States
Type: Equity
INGR price evolution
INGR
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $401 | $335 | $257 | $216 |
| Short term investments | $8 | $6 | $6 | $5 |
| Net receivables | $1279 | $1380 | $1366 | $1455 |
| Inventory | $1450 | $1502 | $1618 | $1663 |
| Total current assets | $3399 | $3289 | $3311 | $3402 |
| Long term investments | ||||
| Property, plant & equipment | $2370 | $2401 | $2414 | $2397 |
| Goodwill & intangible assets | $1303 | $1296 | $1311 | $1297 |
| Total noncurrent assets | $4243 | $4260 | $4289 | $4243 |
| Total investments | $8 | $6 | $6 | $5 |
| Total assets | $7642 | $7549 | $7600 | $7645 |
| Current liabilities | ||||
| Accounts payable | $778 | $1202 | $1198 | $1191 |
| Deferred revenue | ||||
| Short long term debt | $448 | $466 | $522 | $701 |
| Total current liabilities | $1772 | $1668 | $1720 | $1892 |
| Long term debt | $1740 | $1940 | $1939 | $1938 |
| Total noncurrent liabilities | $2220 | $2414 | $2405 | $2388 |
| Total debt | $2188 | $2406 | $2461 | $2639 |
| Total liabilities | $4104 | $4082 | $4125 | $4280 |
| Shareholders' equity | ||||
| Retained earnings | $4654 | $4575 | $4469 | $4354 |
| Other shareholder equity | -$1056 | -$1144 | -$1119 | -$1098 |
| Total shareholder equity | $3538 | $3364 | $3377 | $3263 |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $401 | $236 | $328 | $665 |
| Short term investments | $8 | $3 | $4 | |
| Net receivables | $1279 | $1411 | $1130 | $1011 |
| Inventory | $1450 | $1597 | $1172 | $917 |
| Total current assets | $3399 | $3309 | $2697 | $2647 |
| Long term investments | ||||
| Property, plant & equipment | $2370 | $2407 | $2423 | $2628 |
| Goodwill & intangible assets | $1303 | $1301 | $1348 | $1346 |
| Total noncurrent assets | $4243 | $4252 | $4302 | $4211 |
| Total investments | $8 | $3 | $4 | |
| Total assets | $7642 | $7561 | $6999 | $6858 |
| Current liabilities | ||||
| Accounts payable | $778 | $1339 | $774 | $599 |
| Deferred revenue | ||||
| Short long term debt | $448 | $543 | $308 | $438 |
| Total current liabilities | $1772 | $1882 | $1512 | $1458 |
| Long term debt | $1740 | $1940 | $1738 | $1884 |
| Total noncurrent liabilities | $2220 | $2417 | $2262 | $2328 |
| Total debt | $2188 | $2483 | $2046 | $2322 |
| Total liabilities | $4104 | $4414 | $3774 | $3786 |
| Shareholders' equity | ||||
| Retained earnings | $4654 | $4210 | $3899 | $3957 |
| Other shareholder equity | -$1056 | -$1048 | -$897 | -$1133 |
| Total shareholder equity | $3538 | $3147 | $3100 | $2951 |
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1921 | $2033 | $2069 | $2137 |
| Cost of revenue | $1612 | $1628 | $1650 | |
| Gross Profit | $400 | $421 | $441 | $487 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $203 | $188 | $187 | |
| Total operating expenses | $197 | $208 | $190 | $196 |
| Operating income | $213 | $251 | $291 | |
| Income from continuing operations | ||||
| EBIT | $209 | $248 | $288 | |
| Income tax expense | $43 | $25 | $55 | $65 |
| Interest expense | -$26 | $26 | $30 | $32 |
| Net income | ||||
| Net income | $131 | $158 | $163 | $191 |
| Income (for common shares) | $158 | $163 | $191 | |
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Jan 2022 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $8160 | $7946 | $5987 | |
| Cost of revenue | $6452 | $4715 | ||
| Gross Profit | $1749 | $1494 | $1272 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $715 | $628 | ||
| Total operating expenses | $781 | $732 | $721 | |
| Operating income | $762 | $551 | ||
| Income from continuing operations | ||||
| EBIT | $757 | $581 | ||
| Income tax expense | $188 | $166 | $152 | |
| Interest expense | -$114 | $99 | $81 | |
| Net income | ||||
| Net income | $643 | $492 | $348 | |
| Income (for common shares) | $492 | $348 | ||
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $158 | $163 | $191 | |
| Operating activities | ||||
| Depreciation | $56 | $55 | $54 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $368 | $330 | -$51 | |
| Investing activities | ||||
| Capital expenditures | -$78 | -$78 | -$75 | |
| Investments | ||||
| Total cash flows from investing | -$329 | -$82 | -$79 | -$81 |
| Financing activities | ||||
| Dividends paid | -$194 | -$48 | -$48 | -$47 |
| Sale and purchase of stock | -$98 | $13 | $2 | |
| Net borrowings | -$56 | -$175 | $158 | |
| Total cash flows from financing | -$569 | -$204 | -$210 | $113 |
| Effect of exchange rate | $6 | -$4 | -$1 | |
| Change in cash and equivalents | $165 | $78 | $41 | -$20 |
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $492 | $117 | $348 | |
| Operating activities | ||||
| Depreciation | $215 | $220 | $213 | |
| Business acquisitions & disposals | -$29 | -$40 | -$242 | |
| Stock-based compensation | ||||
| Total cash flows from operations | $152 | $392 | $829 | |
| Investing activities | ||||
| Capital expenditures | -$293 | -$282 | -$333 | |
| Investments | $4 | |||
| Total cash flows from investing | -$329 | -$320 | -$335 | -$571 |
| Financing activities | ||||
| Dividends paid | -$194 | -$181 | -$184 | -$178 |
| Sale and purchase of stock | -$103 | -$49 | $4 | |
| Net borrowings | $433 | -$140 | $317 | |
| Total cash flows from financing | -$569 | $103 | -$373 | $143 |
| Effect of exchange rate | $6 | -$27 | -$21 | |
| Change in cash and equivalents | $165 | -$92 | -$337 | $401 |
News
Fundamentals
| Market cap | $7.26B |
|---|---|
| Enterprise value | $9.04B |
| Shares outstanding | 65.20M |
| Revenue | $8.16B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $643.00M |
| Revenue Q/Q | -3.32% |
| Revenue Y/Y | N/A |
| P/E ratio | 11.28 |
|---|---|
| EV/Sales | 1.11 |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 0.89 |
| P/B ratio | 1.58 |
| Book/Share | 70.46 |
| Cash/Share | 6.15 |
| EPS | $9.86 |
|---|---|
| ROA | 8.45% |
| ROE | 18.99% |
| Debt/Equity | 1.16 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.92 |
| Quick ratio | 1.10 |