Ingredion (INGR) Net Margin (2009 - 2026)
Ingredion (INGR) reported Net Margin of 6.16% for Q2 2026, down 4.53 percentage points from 10.69% a year earlier and down 1.76 percentage points from the prior quarter.
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Analysis
Ingredion (INGR) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ingredion's Net Margin came in at 8.21%, down 1.03 percentage points year-over-year; for FY2025, it was 10.10%, up 1.39 percentage points from FY2024.
- Net Margin has increased for four consecutive years, with a five-year change of +4.29 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 8.71% in FY2024 (+0.83 pp), 7.88% in FY2023 (+1.69 pp), 6.19% in FY2022 (+4.49 pp) and 1.70% in FY2021 (-4.12 pp).
- The Q2 2026 figure ranks as the lowest quarterly Net Margin since Q4 2024.
- Year over year, Net Margin gained in three of the last eight quarters, with an average year-over-year change of -0.13 percentage points.
- The high point for year-over-year Net Margin in five years was Q1 2022 (a gain of 22.11 percentage points); the low point was Q2 2026 (a drop of 4.53 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 7.92% (Q1 2026), 9.39% (Q4 2025) and 9.42% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.74 Bn | 35.03 Bn | 1.94 Bn | 4.00% |
| 2 | Bunge Global | 20.95 Bn | 18.46 Bn | 1.68 Bn | 2.82% |
| 3 | Tyson Foods | 17.92 Bn | 14.28 Bn | 921.00 Mn | 1.31% |
| 4 | Jbs | 12.87 Bn | -20.24 Bn | 2.59 Bn | -0.43% |
| 5 | Darling Ingredients | 9.56 Bn | 9.16 Bn | 503.37 Mn | 22.46% |
| 6 | Smithfield Foods | 7.54 Bn | 2.49 Bn | 478.00 Mn | 6.43% |
| 7 | Pilgrims Pride | 6.69 Bn | 4.52 Bn | 339.75 Mn | 0.29% |
| 8 | Ingredion | 6.08 Bn | 2.26 Bn | 426.00 Mn | 6.16% |
| 9 | Seaboard | 3.94 Bn | -881.67 Mn | 221.00 Mn | 5.24% |
| 10 | Cal-Maine Foods | 3.16 Bn | 2.05 Bn | 34.07 Mn | -6.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.16% |
| Mar 31, 2026 | 7.92% |
| Dec 31, 2025 | 9.39% |
| Sep 30, 2025 | 9.42% |
| Jun 30, 2025 | 10.69% |
| Mar 31, 2025 | 10.87% |
| Dec 31, 2024 | 5.28% |
| Sep 30, 2024 | 10.05% |
| Jun 30, 2024 | 7.88% |
| Mar 31, 2024 | 11.48% |
| Dec 31, 2023 | 6.82% |
| Sep 30, 2023 | 7.77% |
| Jun 30, 2023 | 7.88% |
| Mar 31, 2023 | 8.94% |
| Dec 31, 2022 | 5.74% |
| Sep 30, 2022 | 5.24% |
| Jun 30, 2022 | 6.95% |
| Mar 31, 2022 | 6.87% |
| Dec 31, 2021 | 3.82% |
| Sep 30, 2021 | 6.69% |
API Access
Ingredion Net Margin 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=net-margin&ticker=INGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=INGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();