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Ingredion INGR T&HS — D&A

Other segment segments

F&II–LATAM
$54M+12.5%

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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 us-gaap:DepreciationDepletionAndAmortization.

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
Depreciation and amortization:
Texture & Healthful Solutions$85$82$80
Food & Industrial Ingredients–LATAM544847
Food & Industrial Ingredients–U.S./Canada444041
All Other (i)394451
Total$222$214$219
Mechanical stores expense (ii):
Texture & Healthful Solutions$19$14$16

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Ingredion's T&HS — D&A?
Ingredion (INGR) reported T&HS — D&A of $21.25M in Q4 2025.
How has Ingredion's T&HS — D&A changed year-over-year?
Ingredion's T&HS — D&A increased by 3.7% year-over-year, from $20.5M to $21.25M.
What is the long-term trend for Ingredion's T&HS — D&A?
Over 3 years (2022 to 2025), Ingredion's T&HS — D&A has grown at a 4.3% compound annual growth rate (CAGR), from $75M to $85M.
What does T&HS — D&A mean?
Represents the systematic allocation of the cost of tangible and intangible assets over their useful lives within the T&HS segment. This non-cash expense is critical for understanding the segment's capital intensity and the ongoing reinvestment required to maintain production capabilities.

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