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Ingredion INGR F&II–LATAM — Segment cost of sales

Other segment segments

T&HS
$437M+2.6%

Similar metrics at other companies

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PEPLatin America Foods (Segment) — Segment cost of sales
$780M+11.7%
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PEPLatin America Foods (Segment) — Segment selling, general and administrative expenses
$981.25M-3.0%
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INGMLatin America — Cost of Sales
$852.87M+17.7%
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PEPLatin America Foods (Segment) — Segment selling, general and administrative expenses (a)
$723M+18.1%
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MDLZLatin America — Cost of Product and Service Sold
$911M+11.8%
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SWLATAM — Cost of Product and Service Sold
$375M+8.1%

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$6.18B-18.3%
Enterprise value$7.17B-16.4%
P/E9.2×-2.9×
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 us-gaap:CostOfRevenue.

The official record: Ingredion’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ingredion's F&II–LATAM — segment cost of sales?
Ingredion (INGR) reported F&II–LATAM — segment cost of sales of $433M in Q1 2026.
How has Ingredion's F&II–LATAM — segment cost of sales changed year-over-year?
Ingredion's F&II–LATAM — segment cost of sales increased by 3.1% year-over-year, from $420M to $433M.
What is the long-term trend for Ingredion's F&II–LATAM — segment cost of sales?
Over 3 years (2022 to 2025), Ingredion's F&II–LATAM — segment cost of sales has grown at a -5.3% compound annual growth rate (CAGR), from $2.02B to $1.72B.
What does F&II–LATAM — segment cost of sales mean?
Includes the direct costs associated with producing and delivering food and industrial ingredients in the Latin American market, such as raw material procurement and manufacturing labor. Monitoring this metric helps assess production efficiency and the impact of commodity price volatility on segment margins. It is a critical component in evaluating the segment's gross profitability.