What is Ingredion's finished goods?

Ingredion (INGR) reported finished goods of $734M in Q1 2026.

How has Ingredion's finished goods changed year-over-year?

Ingredion's finished goods decreased by 3.7% year-over-year, from $762M to $734M.

What is the long-term trend for Ingredion's finished goods?

Over 3 years (2022 to 2025), Ingredion's finished goods has grown at a -7.8% compound annual growth rate (CAGR), from $962M to $753M.

What does finished goods mean?

Completed products ready for sale, valued at the lower of cost or net realizable value.

Ingredion INGR Finished goods

Finished goods at other companies

Archer Daniels MidlandADM

$2.51B—

PepsiCoPEP

$3.36B+17.3%

McCormick & Company, IncorporatedMKC

$665.4M+9.5%

International Flavors & FragrancesIFF

$1.05B-5.2%

International PaperIP

$724M-42.1%

DowDOW

$3.73B-5.5%

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

See full

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:InventoryFinishedGoodsAndWorkInProcess.

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 finished goods?: Ingredion (INGR) reported finished goods of $734M in Q1 2026.
How has Ingredion's finished goods changed year-over-year?: Ingredion's finished goods decreased by 3.7% year-over-year, from $762M to $734M.
What is the long-term trend for Ingredion's finished goods?: Over 3 years (2022 to 2025), Ingredion's finished goods has grown at a -7.8% compound annual growth rate (CAGR), from $962M to $753M.
What does finished goods mean?: Completed products ready for sale, valued at the lower of cost or net realizable value.