Ingredion Incorporated

INGRNYSEConsumer Defensive● Active

$100.45

+$0.47(+0.47%)

Market Cap$6.3B

P/E Ratio—

52W High$140.47

52W Low$98.29

Avg Volume712K

Open$100.26

Beta0.59

Overview

Ingredion Incorporated (INGR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

INGR · free cash flow · updated Jun 8, 2026

Core FCF metrics

INGR · FCF · TTM · margin & CAGR

Free cash flow was $511.0M for FY2025 (fiscal year ending 2025-12-31), down 55.0% year-over-year The FCF margin was 7.1%. Five-year CAGR stands at +0.9%.

FY2025 Free Cash Flow$511.0M▼ -55.0% YoY

Trailing 12M (TTM)$747.0Mtrailing 4 quarters sum

FCF Margin7.1%$511.0M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR+0.9%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

INGR · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$944.0M(433M)$511.0M▼ 55.0%7.1%

FY2024$1.44B(301M)$1.14B▲ +53.2%15.3%

FY2023$1.06B(316M)$741.0M▲ +600.7%9.1%

FY2022$152.0M(300M)−$148.0M▼ 260.9%-1.9%

FY2021$392.0M(300M)$92.0M▼ 81.2%1.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

INGR · P/FCF · FCF yield · FCF per share

Ingredion Incorporated (INGR) trades at a FCF yield of 11.85% and a price-to-free-cash-flow ratio of 8.6x. FCF per share stands at $11.64, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

11.85%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$11.64

TTM FCF ÷ Shares Outstanding

Price / FCF

x8.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x9.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

INGR · cash flow statement · operating / investing / financing

For FY2025, Ingredion Incorporated generated $944.0M in operating cash flow and spent 433M in capital expenditures, yielding $511.0M in free cash flow.

Operating Activities

+$944.0M

Cash from core business operations

2025-12-31

Investing Activities

−$444.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$491.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($944.0M) − |CapEx| (433M) = FCF ($511.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

INGR vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Ingredion IncorporatedYOU

INGR

$511.0M-55.0%7.1%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Ingredion Incorporated (INGR) reported free cash flow of $511.0M for FY2025 (fiscal year ending 2025-12-31), down 55.0% year-over-year. The FCF margin was 7.1%.

Based on available data, Ingredion Incorporated has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $1.14B in FY2024. The 5-year CAGR stands at +0.9%.

Ingredion Incorporated's FCF yield is 11.85% and price-to-FCF ratio is 8.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

INGR free cash flow · 8 questions

Ingredion Incorporated free cash flow was $511.0M for FY2025, down 55.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $747.0M.

INGR free cash flowINGR FCFINGR FCF 2025INGR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Ingredion Incorporated · Ingredion Incorporated SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026