Ingredion (INGR) Tax Rate (2009 - 2026)
Ingredion (INGR) reported Tax Rate of 25.77% for Q1 2026, up 31.0% on a YoY basis from 19.67% in Q1 2025, and up 33.38% quarter-over-quarter from 19.32% in Q4 2025.
Ingredion (INGR) Tax Rate (2009 - 2026) Analysis & Trends
Ingredion has reported Tax Rate for 18 years, with the latest figure at 25.77% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 31.0% year-over-year to 25.77%; the trailing twelve-month figure through Mar 2026 stood at 24.42% (down 671.0% YoY), and the FY2025 full-year result was 24.44%, down 532.0% from the prior year.
- Tax Rate for Q1 2026 stood at 25.77%, up from 19.32% in the prior quarter.
- The five-year high for Tax Rate was 36.18% in Q4 2024, with the low at 7.26% in Q4 2022.
- Historically, Tax Rate has averaged 25.18% across 5 years, with a median of 25.47% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate surged 5813 bps — and 2023, when it slumped 1878 bps.
- Ingredion's Tax Rate stood at 7.26% in 2022, then soared by 237 bps to 24.43% in 2023, then surged by 48 bps to 36.18% in 2024, then slumped by 47 bps to 19.32% in 2025, then surged by 33 bps to 25.77% in 2026.
- The last three Tax Rate figures came in at 25.77% (Q1 2026), 19.32% (Q4 2025), and 28.63% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 20.89% |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 24.28% |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | -21.74% |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 23.63% |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 26.32% |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | -11.09% |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 22.29% |
| 10 | Ingredion | 7.22 Bn | 6.19 Bn | 401.00 Mn | 25.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.77% |
| Mar 31, 2026 | 25.77% |
| Dec 31, 2025 | 19.32% |
| Dec 31, 2025 | 19.32% |
| Sep 30, 2025 | 28.63% |
| Sep 30, 2025 | 28.63% |
| Jun 30, 2025 | 23.55% |
| Jun 30, 2025 | 23.55% |
| Mar 31, 2025 | 25.47% |
| Mar 31, 2025 | 25.47% |
| Dec 31, 2024 | 36.18% |
| Dec 31, 2024 | 36.18% |
| Sep 30, 2024 | 30.77% |
| Sep 30, 2024 | 30.77% |
| Jun 30, 2024 | 34.78% |
| Jun 30, 2024 | 34.78% |
| Mar 31, 2024 | 21.01% |
| Mar 31, 2024 | 21.01% |
| Dec 31, 2023 | 24.43% |
| Dec 31, 2023 | 24.43% |