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Ingredion INGR F&II–LATAM — Mechanical stores expense

Other segment segments

T&HS
$19M+35.7%

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Other financials

Income statement

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Revenue$1.8B-1.2%
Gross profit$401.0M-13.9%
Operating income$203.0M-26.4%
Net income$142.0M-27.9%
EPS (diluted)$2.22-26.0%

Balance sheet

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Cash & equivalents$914.0M+9.2%
Total debt$1.9B+4.5%
Total equity$4.4B+10.2%
Total assets$7.9B+6.2%

Cash flow

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Operating cash flow$33.0M-57.1%
CapEx$110.0M+19.6%
Free cash flow-$77.0M-413%

Valuation

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Market cap$6.49B-19.3%
Enterprise value$7.49B-17.0%
P/E9.6×-2.3×
P/S0.9×-0.2×

Profitability

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Gross margin24.5%-0.5pp
Operating margin13.1%+0.2pp
Net margin9.4%+0.8pp
FCF margin6.2%-7.1pp

Returns & leverage

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Return on equity16.1%-0.2pp
Debt / equity0.4×0.0×
Current ratio2.8×-0.1×

Where this comes from

Reported directly by Ingredion in its filing.

Tagged under the XBRL concept ingr:MechanicalStoresExpense.

The source filing: Ingredion’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 4:26 PM EST
Fiscal year
FY2025
Accession
0001628280-26-008603
Line item202520242023
Total$222$214$219
Mechanical stores expense (ii):
Texture & Healthful Solutions$19$14$16
Food & Industrial Ingredients–LATAM101314
Food & Industrial Ingredients–U.S./Canada333128
All Other (i)544
Total$67$62$62
Capital expenditures and mechanical stores purchases (iii):

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Ingredion's F&II–LATAM — mechanical stores expense?
Ingredion (INGR) reported F&II–LATAM — mechanical stores expense of $2.5M in Q4 2025.
How has Ingredion's F&II–LATAM — mechanical stores expense changed year-over-year?
Ingredion's F&II–LATAM — mechanical stores expense decreased by 23.1% year-over-year, from $3.25M to $2.5M.
What is the long-term trend for Ingredion's F&II–LATAM — mechanical stores expense?
Over 3 years (2022 to 2025), Ingredion's F&II–LATAM — mechanical stores expense has grown at a -5.9% compound annual growth rate (CAGR), from $12M to $10M.
What does F&II–LATAM — mechanical stores expense mean?
Covers the costs associated with maintaining and replenishing mechanical parts and inventory stores required for the continuous operation of manufacturing equipment in the Latin American segment. This metric serves as a proxy for maintenance intensity and the operational readiness of the production facilities. It is vital for understanding the recurring costs of keeping manufacturing lines functional.

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