What is Ingredion's raw materials?

Ingredion (INGR) reported raw materials of $366M in Q1 2026.

How has Ingredion's raw materials changed year-over-year?

Ingredion's raw materials increased by 10.6% year-over-year, from $331M to $366M.

What is the long-term trend for Ingredion's raw materials?

Over 3 years (2022 to 2025), Ingredion's raw materials has grown at a -10.3% compound annual growth rate (CAGR), from $539M to $389M.

What does raw materials mean?

Unprocessed materials and components purchased for use in manufacturing, valued at cost.

Ingredion INGR Raw materials

Raw materials at other companies

Archer Daniels MidlandADM

$1.67B—

PepsiCoPEP

$2.71B+1.5%

McCormick & Company, IncorporatedMKC

$701.1M+9.9%

International Flavors & FragrancesIFF

$737M-3.0%

International PaperIP

$407M-15.4%

DowDOW

$851M+0.5%

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:InventoryRawMaterialsAndSupplies.

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 raw materials?: Ingredion (INGR) reported raw materials of $366M in Q1 2026.
How has Ingredion's raw materials changed year-over-year?: Ingredion's raw materials increased by 10.6% year-over-year, from $331M to $366M.
What is the long-term trend for Ingredion's raw materials?: Over 3 years (2022 to 2025), Ingredion's raw materials has grown at a -10.3% compound annual growth rate (CAGR), from $539M to $389M.
What does raw materials mean?: Unprocessed materials and components purchased for use in manufacturing, valued at cost.