Ingredion profit margin INGR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 8.2%
- Operating margin, 12 months
- 11.9%
- Net margin on a year earlier
- −1.0 pts
- Peer median
- 4.0%
Over the twelve months to Jun 30, 2026, Ingredion kept 8.2% of its revenue as net profit, with an operating margin of 11.9% and a gross margin of 23.7%.
Five years earlier its net margin was 2.1%.
The median for 10 packaged Foods stocks of a similar size is 4.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 10.1% | 14.1% | 25.3% |
| FY2024 | 8.7% | 11.9% | 24.1% |
| FY2023 | 7.9% | 11.7% | 21.4% |
| FY2022 | 6.2% | 9.6% | 18.8% |
| FY2021 | 1.7% | 4.5% | 19.3% |
| FY2020 | 5.8% | 9.7% | 21.2% |
| FY2019 | 6.7% | 10.7% | 21.1% |
| FY2018 | 7.0% | 11.2% | 21.8% |
| FY2017 | 8.9% | 14.3% | 25.2% |
| FY2016 | 8.5% | 14.2% | 24.6% |
| FY2015 | 7.2% | 11.7% | 22.1% |
| FY2014 | 6.3% | 10.2% | 19.7% |
| FY2013 | 6.3% | 9.7% | 17.9% |
| FY2012 | 6.6% | 10.2% | 18.9% |
| FY2011 | 6.7% | 10.8% | 18.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 8.2% | −1.0 pts | 11.9% | |
| Q1 FY26 | 9.4% | +0.8 pts | 13.1% | |
| Q4 FY25 | 10.1% | +1.4 pts | 14.1% | |
| Q3 FY25 | 9.1% | +0.0 pts | 13.2% | |
| Q2 FY25 | 9.2% | +0.8 pts | 13.4% | |
| Q1 FY25 | 8.5% | +0.1 pts | 12.9% | |
| Q4 FY24 | 8.7% | +0.8 pts | 11.9% | |
| Q3 FY24 | 9.0% | +1.4 pts | 12.2% | |
| Q2 FY24 | 8.5% | +1.5 pts | 11.3% | |
| Q1 FY24 | 8.5% | +1.7 pts | 11.1% | |
| Q4 FY23 | 7.9% | +1.7 pts | 11.7% | |
| Q3 FY23 | 7.6% | +1.8 pts | 11.1% |
Against its peers
Companies in Packaged Foods nearest Ingredion's size, closest first, today.
| Company | Profit margin |
|---|---|
| INGRIngredion | 8.2% |
| CPBCAMPBELL'S | 4.1% |
| SFDSmithfield Foods | 6.8% |
| LWLamb Weston | 3.8% |
| POSTPost | 3.5% |
| HRLHormel Foods | 2.8% |
| FRPTFreshpet | 17.3% |
| MZTIMarzetti | 9.9% |
| MKCMccormick | 19.4% |
| SJMJ M SMUCKER | 2.5% |
| JJSFJ&J Snack Foods | 3.2% |
| Peer median | 4.0% |
Where Ingredion ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Ingredion
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.