Ingredion (INGR) Tax Rate (2009 - 2026)
Ingredion (INGR) posted Tax Rate of 25.77% for Q1 2026, up 33.38% on a QoQ basis from 19.32% in Q4 2025, and up 31.0% year-over-year from 19.67% in Q1 2025.
Ingredion (INGR) Tax Rate (2009 - 2026) Analysis & Trends
Ingredion's Tax Rate history runs 18 years deep, the most recent figure standing at 25.77% for Q1 2026.
- Quarterly Tax Rate rose 31.0% year-over-year to 25.77% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.42% (down 671.0% YoY) and the FY2025 annual result came in at 24.44%, down 532.0% from the prior year.
- Tax Rate was 25.77% for Q1 2026 at Ingredion, up from 19.32% in the prior quarter.
- Across five years, Tax Rate topped out at 36.18% in Q4 2024 and bottomed at 7.26% in Q4 2022.
- A 5-year average of 25.18% and a median of 25.47% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate surged 5813 bps — and 2023, when it sank 1878 bps.
- Ingredion's Tax Rate stood at 7.26% in 2022, then surged by 237 bps to 24.43% in 2023, then jumped by 48 bps to 36.18% in 2024, then plunged by 47 bps to 19.32% in 2025, then jumped by 33 bps to 25.77% in 2026.
- Business Quant data shows INGR's Tax Rate at 25.77% in Q1 2026, 19.32% in Q4 2025, and 28.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 20.89 |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | 10.77 |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 23.63 |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 28.84 |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 22.29 |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 21.99 |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | - |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | 32.34 |
| 10 | Ingredion | 6.39 Bn | 5.47 Bn | 401.00 Mn | 25.77 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.77 |
| Mar 31, 2026 | 25.77 |
| Mar 31, 2026 | 25.77 |
| Dec 31, 2025 | 19.32 |
| Dec 31, 2025 | 19.32 |
| Dec 31, 2025 | 19.32 |
| Sep 30, 2025 | 28.63 |
| Sep 30, 2025 | 28.63 |
| Sep 30, 2025 | 28.63 |
| Jun 30, 2025 | 23.55 |
| Jun 30, 2025 | 23.55 |
| Jun 30, 2025 | 23.55 |
| Mar 31, 2025 | 25.47 |
| Mar 31, 2025 | 25.47 |
| Mar 31, 2025 | 25.47 |
| Dec 31, 2024 | 36.18 |
| Dec 31, 2024 | 36.18 |
| Dec 31, 2024 | 36.18 |
| Sep 30, 2024 | 30.77 |
| Sep 30, 2024 | 30.77 |