Ingredion (INGR) Company Report

Ingredion reported full-year 2025 adjusted diluted EPS of $11.13 and net sales of $7,219 million, representing a 3% decrease compared to 2024.
The Texture & Healthful Solutions (T&HS) segment demonstrated continued strength with 4% sales growth, while the Food & Industrial Ingredients (F&II) – U.S./Canada segment faced significant operational challenges and decreased demand.
The company returned $211 million in dividends and repurchased $224 million of common stock to shareholders in 2025.
For 2026, Ingredion forecasts adjusted diluted EPS between $11.00 and $11.80 and projects operating cash flow between $820 million and $940 million.

1 day ago

Press Release

Ingredion Reports Record Full-Year 2025 Results and Provides 2026 Outlook

INGR

Earnings

Guidance Update

Share Buyback

Ingredion achieved record full-year results in 2025, with reported diluted EPS of $11.18 and adjusted diluted EPS of $11.13, despite a 3% decrease in net sales to $7,219 million.
The Texture & Healthful Solutions segment demonstrated solid performance with 4% sales growth in Q4 2025 and a 16% increase in full-year operating income to $405 million, while Food & Industrial Ingredients – LATAM also contributed positively.
The Food & Industrial Ingredients – USA/Canada segment faced operational challenges and weaker demand, leading to a 16% decline in full-year operating income to $315 million.
For the full-year 2026, Ingredion anticipates reported and adjusted EPS to be between $11.00 and $11.80, with net sales projected to grow in the low to mid-single digits and operating income in the low single digits.
In 2025, the company returned value to shareholders by paying $211 million in dividends and repurchasing 1.8 million common shares for $224 million.

1 day ago

Press Release

Ingredion Announces Fourth Quarter and Full-Year 2025 Results

INGR

Earnings

Guidance Update

Share Buyback

Ingredion reported full-year 2025 diluted EPS of $11.18 and adjusted diluted EPS of $11.13, compared to $9.71 and $10.65 in 2024, respectively.
Net sales for full-year 2025 decreased by 3% to $7,219 million compared to 2024.
Full-year 2025 reported operating income increased by 15% to $1,016 million, while adjusted operating income increased by 1% to $1,028 million.
The company generated $944 million in operating cash flow for full-year 2025 and returned $435 million to shareholders, including $224 million in share repurchases.
For full-year 2026, Ingredion forecasts reported and adjusted EPS in the range of $11.00 to $11.80.

1 day ago

Press Release

Ingredion Reports Full-Year 2025 Results and Provides 2026 Outlook

INGR

Earnings

Guidance Update

Share Buyback

Ingredion reported full-year 2025 adjusted diluted EPS of $11.13, an increase from $10.65 in 2024, while net sales decreased 3% to $7,219 million.
Reported operating income for full-year 2025 increased 15% to $1,016 million, and adjusted operating income increased 1% to $1,028 million compared to 2024.
The company returned $435 million to shareholders in 2025, comprising $211 million in dividends and $224 million in share repurchases.
Operating cash flow for 2025 was $944 million, a decrease from $1,436 million in 2024, primarily reflecting increased investment in working capital.
For full-year 2026, Ingredion projects reported and adjusted diluted EPS to be between $11.00 and $11.80, with net sales expected to achieve low to mid-single-digit growth.

1 day ago

Press Release

Ingredion Reports Q4 and Full-Year 2025 Results

INGR

Earnings

Guidance Update

Demand Weakening

Ingredion (INGR) reported FY 2025 Net Sales of $7,219 million, a 3% decrease year-over-year, with Adjusted Operating Income of $1,028 million (up 1%) and Adjusted Diluted EPS of $11.13 (up 4.5%).
For Q4 2025, Net Sales were $1,757 million, down 2% from Q4 2024, and Adjusted Diluted EPS was $2.53, a decrease from $2.63 in the prior year quarter.
The Texture & Healthful Solutions segment showed strong momentum, achieving its 7th consecutive quarter of sales volume growth (+4%) in Q4 2025 and record adjusted operating income of $405 million for FY 2025, a 16% increase.
The Food & Industrial Ingredients—U.S./CAN segment experienced persistent operational challenges at its Argo facility, contributing to a -7% net sales volume change in Q4 2025 and an estimated ~$40 million impact on FY 2025 operating income.
For full-year 2026, the company anticipates net sales to be up low to mid-single-digits, adjusted operating income to be up low single-digits, and Adjusted EPS to be between $11.00 and $11.80.

4 days ago

Presentation

Ingredion Reports Record Full-Year 2025 Operating Income and EPS Growth, Provides 2026 Outlook

INGR

Earnings

Guidance Update

CFO Change

Ingredion reported full-year 2025 net sales of $7.2 billion, a 3% decrease year-over-year, but achieved record full-year operating income and earnings per share growth, with gross margins expanding to over 25%.
The Texture and Healthful Solutions segment demonstrated strong performance, with Q4 2025 volume growth of 4% and full-year 2025 operating income up 16%, notably driven by the protein fortification business which saw over 40% net sales growth.
The Food and Industrial Ingredients US/Canada segment faced significant operational challenges at its Argo facility, leading to an estimated $16 million loss impact in Q4 2025 and a total $40 million impact for the full year 2025.
For 2026, the company projects net sales to increase by low single digits to mid-single digits and adjusted EPS to be in the range of $11-$11.80, while committing to at least $100 million in share repurchases.
Ingredion exceeded its cost-to-compete savings target, delivering $59 million in run rate savings in 2025, and announced the retirement of CFO Jim Gray effective March 31, 2026.

4 days ago

Transcript

Ingredion Reports Record Full-Year 2025 Operating Income and EPS, Provides 2026 Guidance

INGR

Earnings

Guidance Update

CFO Change

Ingredion (INGR) reported record full-year operating income and earnings per share growth for 2025, with Q4 2025 net sales at $1.8 billion (down 2% year-over-year) and full-year net sales at $7.2 billion (down 3% year-over-year).
The Texture and Healthful Solutions segment showed strong performance with 4% volume growth in Q4 and 16% operating income growth for the full year 2025. Conversely, the Food and Industrial Ingredients US/Canada segment saw a 7% decrease in Q4 net sales volume due to operational issues at the Argo facility, which had an approximate $40 million impact on full-year operating income.
For full year 2026, Ingredion anticipates net sales to increase by low to mid-single digits and adjusted EPS to be in the range of $11-$11.80. The company also expects cash from operations between $820 million and $940 million and has committed to a share repurchase of at least $100 million.
Jim Gray, EVP and CFO, will retire on March 31, 2026, after more than nine years in his role.

4 days ago

Transcript

Ingredion Reports Record 2025 Operating Income, Provides 2026 Outlook, and Announces CFO Retirement

INGR

Earnings

Guidance Update

CFO Change

Ingredion reported record operating income and margins of greater than 21% for the full year 2025, despite a 2% decrease in Q4 net sales to $1.8 billion and a 3% decrease in full-year net sales to $7.2 billion.
Operational challenges at the Argo facility resulted in an approximate $40 million impact to full-year 2025 operating income, with an estimated $16 million loss impact in Q4 2025, and challenges are expected to persist through Q1 2026.
For full year 2026, the company anticipates net sales to be up low single digits to mid-single digits, adjusted operating income to be up low single digits, and adjusted EPS in the range of $11-$11.80.
The company repurchased $224 million of common shares in 2025 and increased its dividend per share to $0.82, marking its 11th consecutive annual increase, with a commitment to repurchase at least $100 million in 2026.
EVP and CFO, James D. Gray, announced his retirement.

4 days ago

Transcript

Ingredion Incorporated Reports Q4 and Full-Year 2025 Results, Provides 2026 Outlook

INGR

Earnings

Guidance Update

Share Buyback

Ingredion Incorporated reported full-year 2025 reported diluted EPS of $11.18 and adjusted diluted EPS of $11.13, an increase from $9.71 and $10.65 respectively for full-year 2024.
Net sales for full-year 2025 were $7,219 million, representing a 3% decrease from $7,430 million in full-year 2024.
The company generated $944 million in cash from operations for full-year 2025 and returned $435 million to shareholders, which included $224 million of share repurchases.
For full-year 2026, Ingredion expects reported and adjusted EPS to be in the range of $11.00 to $11.80. Net sales are projected to be up low single-digits to mid-single-digits, and reported and adjusted operating income are expected to be up low single-digits.
The first quarter of 2026 is anticipated to have net sales down low single-digits and reported and adjusted operating income down mid-double digits compared to the prior year.

4 days ago

8-K

Ingredion Reports Full-Year 2025 Results and Provides 2026 Outlook

INGR

Earnings

Guidance Update

Share Buyback

Ingredion reported full-year 2025 reported EPS of $11.18 and adjusted EPS of $11.13, compared to $9.71 and $10.65 respectively for full-year 2024. Full-year 2025 net sales decreased 3% to $7,219 million, while reported operating income increased 15% to $1,016 million and adjusted operating income increased 1% to $1,028 million.
The company generated $944 million in cash from operations for full-year 2025 and returned $435 million to shareholders, including $224 million of share repurchases.
For full-year 2026, Ingredion expects reported and adjusted EPS to be in the range of $11.00 to $11.80, with net sales projected to be up low single-digits to mid-single-digits. Cash from operations for 2026 is anticipated to be between $820 million and $940 million.