Ingredion (INGR) Long-Term Deferred Tax (2009 - 2021)
Ingredion (INGR) posted Long-Term Deferred Tax of $17.0 million for Q3 2021, down 37.04% on a QoQ basis from $27.0 million in Q2 2021, and down 26.09% year-over-year from $23.0 million in Q3 2020.
Ingredion (INGR) Long-Term Deferred Tax (2009 - 2021) Analysis & Trends
Ingredion's Long-Term Deferred Tax history runs 13 years deep, the most recent figure standing at $17.0 million for Q3 2021.
- Quarterly Long-Term Deferred Tax fell 26.09% year-over-year to $17.0 million in Q3 2021, while the trailing twelve-month figure through Sep 2021 was $17.0 million (down 26.09% YoY) and the FY2020 annual result came in at $23.0 million, up 76.92% from the prior year.
- Long-Term Deferred Tax was $17.0 million for Q3 2021 at Ingredion, down from $27.0 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $27.0 million in Q2 2021 and bottomed at $7.0 million in Q1 2017.
- A 5-year average of $13.8 million and a median of $11.0 million in 2018 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2017 — Long-Term Deferred Tax slumped 30.0% — and 2020, when it jumped 109.09%.
- Ingredion's Long-Term Deferred Tax stood at $9.0 million in 2017, then advanced by 11.11% to $10.0 million in 2018, then gained by 30.0% to $13.0 million in 2019, then surged by 76.92% to $23.0 million in 2020, then fell by 26.09% to $17.0 million in 2021.
- Business Quant data shows INGR's Long-Term Deferred Tax at $17.0 million in Q3 2021, $27.0 million in Q2 2021, and $24.0 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn |
| 10 | Ingredion | 6.44 Bn | 5.53 Bn | 401.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | 17.00 Mn |
| Jun 30, 2021 | 27.00 Mn |
| Mar 31, 2021 | 24.00 Mn |
| Dec 31, 2020 | 23.00 Mn |
| Sep 30, 2020 | 23.00 Mn |
| Jun 30, 2020 | 17.00 Mn |
| Mar 31, 2020 | 16.00 Mn |
| Dec 31, 2019 | 13.00 Mn |
| Sep 30, 2019 | 11.00 Mn |
| Jun 30, 2019 | 10.00 Mn |
| Mar 31, 2019 | 11.00 Mn |
| Dec 31, 2018 | 10.00 Mn |
| Sep 30, 2018 | 11.00 Mn |
| Jun 30, 2018 | 10.00 Mn |
| Mar 31, 2018 | 9.00 Mn |
| Dec 31, 2017 | 9.00 Mn |
| Sep 30, 2017 | 7.00 Mn |
| Jun 30, 2017 | 7.00 Mn |
| Mar 31, 2017 | 7.00 Mn |
| Dec 31, 2016 | 7.00 Mn |