Ingredion Incorporated
Ingredion Incorporated, together with its subsidiaries, manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries worldwide. The company offers starch products for use in a range of processed foods; cornstarch; specialty paper starches for enhanced drainage, … Read more
Ingredion Incorporated (INGR) - Net Assets
Latest net assets as of December 2025: $4.37 Billion USD
Based on the latest financial reports, Ingredion Incorporated (INGR) has net assets worth $4.37 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.90 Billion) and total liabilities ($3.53 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.37 Billion |
| % of Total Assets | 55.29% |
| Annual Growth Rate | 5.43% |
| 5-Year Change | 35.38% |
| 10-Year Change | 68.25% |
| Growth Volatility | 11.75 |
Ingredion Incorporated - Net Assets Trend (1997–2025)
This chart illustrates how Ingredion Incorporated's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ingredion Incorporated (1997–2025)
The table below shows the annual net assets of Ingredion Incorporated from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.37 Billion | +12.24% |
| 2024-12-31 | $3.89 Billion | +6.58% |
| 2023-12-31 | $3.65 Billion | +11.89% |
| 2022-12-31 | $3.26 Billion | +1.15% |
| 2021-12-31 | $3.23 Billion | +4.98% |
| 2020-12-31 | $3.07 Billion | +10.82% |
| 2019-12-31 | $2.77 Billion | +15.12% |
| 2018-12-31 | $2.41 Billion | -17.45% |
| 2017-12-31 | $2.92 Billion | +12.41% |
| 2016-12-31 | $2.60 Billion | +19.04% |
| 2015-12-31 | $2.18 Billion | -1.49% |
| 2014-12-31 | $2.21 Billion | -8.89% |
| 2013-12-31 | $2.43 Billion | -1.22% |
| 2012-12-31 | $2.46 Billion | +15.28% |
| 2011-12-31 | $2.13 Billion | +6.54% |
| 2010-12-31 | $2.00 Billion | +17.49% |
| 2009-12-31 | $1.70 Billion | +21.19% |
| 2008-12-31 | $1.41 Billion | -13.53% |
| 2007-12-31 | $1.63 Billion | +19.03% |
| 2006-12-31 | $1.37 Billion | +11.33% |
| 2005-12-31 | $1.23 Billion | +11.65% |
| 2004-12-31 | $1.10 Billion | +11.80% |
| 2003-12-31 | $983.00 Million | +21.36% |
| 2002-12-31 | $810.00 Million | -19.32% |
| 2001-12-31 | $1.00 Billion | -14.04% |
| 2000-12-31 | $1.17 Billion | -4.58% |
| 1999-12-31 | $1.22 Billion | +6.99% |
| 1998-12-31 | $1.14 Billion | +15.32% |
| 1997-12-31 | $992.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ingredion Incorporated's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 561000000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.61 Billion | 129.32% |
| Common Stock | $1.00 Million | 0.02% |
| Other Comprehensive Income | $-937.00 Million | -21.60% |
| Total Equity | $4.34 Billion | 100.00% |
Ingredion Incorporated Competitors by Market Cap
The table below lists competitors of Ingredion Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aspen Technology Inc
NASDAQ:AZPN
|
$7.08 Billion |
|
Nemetschek SE
PINK:NEMTF
|
$7.09 Billion |
|
Eisai Co. Ltd
PINK:ESALF
|
$7.09 Billion |
|
HDFC Life Insurance Company Limited
NSE:HDFCLIFE
|
$7.09 Billion |
|
Want Want China Holdings Ltd
PINK:WWNTY
|
$7.08 Billion |
|
Piotech Inc. A
SHG:688072
|
$7.08 Billion |
|
REXFORD IND.REALTY DL-01
F:3I0
|
$7.07 Billion |
|
Zhejiang Nhu Co Ltd
SHE:002001
|
$7.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ingredion Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,864,000,000 to 4,338,000,000, a change of 474,000,000 (12.3%).
- Net income of 729,000,000 contributed positively to equity growth.
- Dividend payments of 211,000,000 reduced retained earnings.
- Share repurchases of 224,000,000 reduced equity.
- Other comprehensive income increased equity by 149,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $729.00 Million | +16.8% |
| Dividends Paid | $211.00 Million | -4.86% |
| Share Repurchases | $224.00 Million | -5.16% |
| Other Comprehensive Income | $149.00 Million | +3.43% |
| Other Changes | $31.00 Million | +0.71% |
| Total Change | $- | 12.27% |
Book Value vs Market Value Analysis
This analysis compares Ingredion Incorporated's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.70x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.19x to 1.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $13.80 | $113.11 | x |
| 1998-12-31 | $14.58 | $113.11 | x |
| 1999-12-31 | $13.77 | $113.11 | x |
| 2000-12-31 | $13.60 | $113.11 | x |
| 2001-12-31 | $12.07 | $113.11 | x |
| 2002-12-31 | $10.78 | $113.11 | x |
| 2003-12-31 | $12.58 | $113.11 | x |
| 2004-12-31 | $14.47 | $113.11 | x |
| 2005-12-31 | $16.01 | $113.11 | x |
| 2006-12-31 | $17.55 | $113.11 | x |
| 2007-12-31 | $20.98 | $113.11 | x |
| 2008-12-31 | $18.23 | $113.11 | x |
| 2009-12-31 | $22.26 | $113.11 | x |
| 2010-12-31 | $25.73 | $113.11 | x |
| 2011-12-31 | $26.91 | $113.11 | x |
| 2012-12-31 | $31.16 | $113.11 | x |
| 2013-12-31 | $30.70 | $113.11 | x |
| 2014-12-31 | $29.07 | $113.11 | x |
| 2015-12-31 | $29.37 | $113.11 | x |
| 2016-12-31 | $34.62 | $113.11 | x |
| 2017-12-31 | $39.33 | $113.11 | x |
| 2018-12-31 | $33.26 | $113.11 | x |
| 2019-12-31 | $40.82 | $113.11 | x |
| 2020-12-31 | $44.10 | $113.11 | x |
| 2021-12-31 | $46.25 | $113.11 | x |
| 2022-12-31 | $47.69 | $113.11 | x |
| 2023-12-31 | $53.63 | $113.11 | x |
| 2024-12-31 | $58.02 | $113.11 | x |
| 2025-12-31 | $66.53 | $113.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ingredion Incorporated utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.10%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.82x
- Recent ROE (16.80%) is above the historical average (11.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -7.61% | -5.29% | 0.85x | 1.69x | $-173.60 Million |
| 1998 | 4.08% | 2.97% | 0.74x | 1.85x | $-62.30 Million |
| 1999 | 7.48% | 4.44% | 0.78x | 2.15x | $-26.00 Million |
| 2000 | 5.00% | 2.57% | 0.80x | 2.44x | $-48.00 Million |
| 2001 | 6.65% | 3.02% | 0.85x | 2.60x | $-28.70 Million |
| 2002 | 8.18% | 3.37% | 0.93x | 2.62x | $-14.00 Million |
| 2003 | 8.34% | 3.62% | 0.95x | 2.43x | $-15.10 Million |
| 2004 | 8.70% | 4.12% | 0.96x | 2.19x | $-14.10 Million |
| 2005 | 7.44% | 3.81% | 0.99x | 1.97x | $-31.00 Million |
| 2006 | 9.32% | 4.73% | 0.98x | 2.00x | $-9.00 Million |
| 2007 | 12.34% | 5.84% | 1.09x | 1.93x | $37.50 Million |
| 2008 | 19.31% | 6.78% | 1.23x | 2.32x | $128.80 Million |
| 2009 | 2.44% | 1.12% | 1.24x | 1.76x | $-127.00 Million |
| 2010 | 8.56% | 3.87% | 0.86x | 2.57x | $-28.40 Million |
| 2011 | 19.76% | 6.68% | 1.17x | 2.53x | $205.30 Million |
| 2012 | 17.54% | 6.22% | 1.23x | 2.29x | $183.80 Million |
| 2013 | 16.46% | 5.95% | 1.24x | 2.23x | $155.30 Million |
| 2014 | 16.30% | 5.92% | 1.18x | 2.34x | $137.20 Million |
| 2015 | 18.76% | 6.75% | 1.17x | 2.37x | $187.80 Million |
| 2016 | 18.90% | 8.05% | 1.04x | 2.25x | $228.40 Million |
| 2017 | 17.95% | 8.40% | 1.02x | 2.10x | $229.90 Million |
| 2018 | 18.55% | 7.04% | 1.10x | 2.40x | $204.20 Million |
| 2019 | 15.01% | 6.65% | 1.03x | 2.20x | $137.90 Million |
| 2020 | 11.67% | 5.81% | 0.87x | 2.30x | $49.90 Million |
| 2021 | 3.73% | 1.70% | 0.98x | 2.23x | $-196.60 Million |
| 2022 | 15.40% | 6.19% | 1.05x | 2.37x | $172.50 Million |
| 2023 | 17.90% | 7.88% | 1.07x | 2.13x | $283.70 Million |
| 2024 | 16.74% | 8.71% | 1.00x | 1.93x | $260.60 Million |
| 2025 | 16.80% | 10.10% | 0.91x | 1.82x | $295.20 Million |
Industry Comparison
This section compares Ingredion Incorporated's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ingredion Incorporated (INGR) | $4.37 Billion | -7.61% | 0.81x | $7.08 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |