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Ingredion INGR Thailand — Net Sales

Other geography segments

U.S. Plans
$2.87B—
Mexico
$1.5B—
Brazil
$584M—
Canada
$527M—
Germany
$385M—
Colombia
$310M—

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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$6.18B-18.3%
Enterprise value$7.17B-16.4%
P/E9.2×-2.9×
P/S0.9×-0.2×

Profitability

See full
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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Ingredion’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ingredion's thailand — net sales?
Ingredion (INGR) reported thailand — net sales of $63.75M in Q4 2025.
How has Ingredion's thailand — net sales changed year-over-year?
Ingredion's thailand — net sales decreased by 3.8% year-over-year, from $66.25M to $63.75M.
What is the long-term trend for Ingredion's thailand — net sales?
Over 3 years (2022 to 2025), Ingredion's thailand — net sales has grown at a -0.3% compound annual growth rate (CAGR), from $257M to $255M.
What does thailand — net sales mean?
This metric measures the total revenue generated from the sale of specialty and core ingredients to customers within the Thailand geographic market, net of returns, allowances, and discounts. It serves as a primary indicator of regional market demand and the company's competitive positioning in the local food and beverage supply chain. Tracking this value allows stakeholders to evaluate the growth trajectory and revenue contribution of the Thailand operations.