Ingredion (INGR) Tax Rate (2009 - 2026)
Ingredion's Tax Rate came in at 33.71% for Q2 2026, up 10.16 percentage points from 23.55% a year earlier and up 7.94 percentage points from the prior quarter.
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Analysis
Ingredion (INGR) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ingredion reported Tax Rate of 26.68%, down 1.50 percentage points year-over-year; for FY2025, it came in at 24.44%, down 5.32 percentage points from FY2024.
- Tax Rate carries a five-year change of -5.60 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 29.75% in FY2024 (+7.35 pp), 22.41% in FY2023 (-2.44 pp), 24.85% in FY2022 (-24.75 pp) and 49.60% in FY2021 (+19.56 pp).
- The Q2 2026 figure represents the highest quarterly Tax Rate since Q4 2024.
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +1.71 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2022 (a gain of 58.13 percentage points), and the weakest in Q3 2023 (a drop of 18.78 percentage points).
- Business Quant data shows INGR's Tax Rate at 25.77% (Q1 2026), 19.32% (Q4 2025) and 28.63% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.27 Bn | 34.56 Bn | 1.94 Bn | 16.18% |
| 2 | Bunge Global | 20.55 Bn | 18.06 Bn | 1.68 Bn | 25.03% |
| 3 | Tyson Foods | 17.78 Bn | 14.14 Bn | 921.00 Mn | 30.08% |
| 4 | Jbs | 12.53 Bn | -20.58 Bn | 2.59 Bn | - |
| 5 | Darling Ingredients | 9.59 Bn | 9.18 Bn | 503.37 Mn | 22.13% |
| 6 | Smithfield Foods | 7.37 Bn | 2.32 Bn | 478.00 Mn | 21.40% |
| 7 | Pilgrims Pride | 6.43 Bn | 4.26 Bn | 339.75 Mn | 39.34% |
| 8 | Ingredion | 6.05 Bn | 2.22 Bn | 426.00 Mn | 33.71% |
| 9 | Seaboard | 3.78 Bn | -1.04 Bn | 221.00 Mn | 25.24% |
| 10 | Cal-Maine Foods | 3.18 Bn | 2.21 Bn | 403,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.71% |
| Mar 31, 2026 | 25.77% |
| Dec 31, 2025 | 19.32% |
| Sep 30, 2025 | 28.63% |
| Jun 30, 2025 | 23.55% |
| Mar 31, 2025 | 25.47% |
| Dec 31, 2024 | 36.18% |
| Sep 30, 2024 | 30.77% |
| Jun 30, 2024 | 34.78% |
| Mar 31, 2024 | 21.01% |
| Dec 31, 2023 | 24.43% |
| Sep 30, 2023 | 13.51% |
| Jun 30, 2023 | 25.11% |
| Mar 31, 2023 | 25.10% |
| Dec 31, 2022 | 7.26% |
| Sep 30, 2022 | 32.30% |
| Jun 30, 2022 | 26.02% |
| Mar 31, 2022 | 28.88% |
| Dec 31, 2021 | 12.82% |
| Sep 30, 2021 | 22.22% |
API Access
Ingredion Tax Rate 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=tax-rate&ticker=INGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=INGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();