Ingredion (INGR) Long-Term Deferred Tax (2009 - 2021)
Ingredion's (INGR) quarterly Long-Term Deferred Tax came in at $17.0 million in Q3 2021, down 26.09% YoY from $23.0 million in Q3 2020, and down 37.04% on a QoQ basis from $27.0 million in Q2 2021.
Ingredion (INGR) Long-Term Deferred Tax (2009 - 2021) Analysis & Trends
Ingredion (INGR) has 13 years of Long-Term Deferred Tax data on file, last reported at $17.0 million in 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 slipped to $17.0 million in Q3 2021, from $27.0 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $27.0 million in Q2 2021 to a low of $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 tumbled 30.0% — and 2020, when it jumped 109.09%.
- Tracing INGR's Long-Term Deferred Tax over 5 years: stood at $9.0 million in 2017, then rose by 11.11% to $10.0 million in 2018, then increased by 30.0% to $13.0 million in 2019, then soared by 76.92% to $23.0 million in 2020, then dropped by 26.09% to $17.0 million in 2021.
- The last three Long-Term Deferred Tax figures came in at $17.0 million (Q3 2021), $27.0 million (Q2 2021), and $24.0 million (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn |
| 10 | Ingredion | 6.77 Bn | 5.82 Bn | 426.00 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 |