Ingredion (INGR) Long-Term Deferred Tax (2009 - 2021)
Ingredion's Long-Term Deferred Tax was $17 million in Q3 2021, down 26.1% from $23 million a year earlier and down 37.0% from the prior quarter.
Ingredion (INGR) Long-Term Deferred Tax (2009 - 2021) Analysis & Trends
At the end of FY2020, Long-Term Deferred Tax at Ingredion came in at $23 million, up 76.9% from FY2019.
- Long-Term Deferred Tax has now increased for four consecutive years, with a five-year compound annual growth rate of 26.9% (FY2015 to FY2020).
- In earlier years, Long-Term Deferred Tax was $13 million in FY2019 (+30.0%), $10 million in FY2018 (+11.1%), $9 million in FY2017 (+28.6%) and $7 million in FY2016 (unchanged).
- Quarterly Long-Term Deferred Tax has moved between $7 million (Q4 2016) and $27 million (Q2 2021) over five years.
- Compared with a year earlier, Long-Term Deferred Tax was higher in seven of the last eight quarters, with growth averaging 51.8%.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q3 2020 (growth of 109.1%); the worst was Q3 2017 (a decline of 30.0%).
- Per Business Quant data, INGR's Long-Term Deferred Tax in the three quarters before Q3 2021 was $27 million (Q2 2021), $24 million (Q1 2021) and $23 million (Q4 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.27 Bn | 34.56 Bn | 1.94 Bn |
| 2 | Bunge Global | 20.55 Bn | 18.06 Bn | 1.68 Bn |
| 3 | Tyson Foods | 17.78 Bn | 14.14 Bn | 921.00 Mn |
| 4 | Jbs | 12.53 Bn | -20.58 Bn | 2.59 Bn |
| 5 | Darling Ingredients | 9.59 Bn | 9.18 Bn | 503.37 Mn |
| 6 | Smithfield Foods | 7.37 Bn | 2.32 Bn | 478.00 Mn |
| 7 | Pilgrims Pride | 6.43 Bn | 4.26 Bn | 339.75 Mn |
| 8 | Ingredion | 6.05 Bn | 2.22 Bn | 426.00 Mn |
| 9 | Seaboard | 3.78 Bn | -1.04 Bn | 221.00 Mn |
| 10 | Cal-Maine Foods | 3.18 Bn | 2.21 Bn | 403,000.00 |
Historic 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 |
Ingredion Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=INGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "INGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=INGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();