Earnings Summary

Ingredion Incorporated’s revenue fell -11.93% since last year same period to $1882Mn in the Q1 2024. On a quarterly growth basis, Ingredion Incorporated has generated -2.03% fall in its revenue since last 3-months.

Ingredion Incorporated’s net profit jumped 13.09% since last year same period to $216Mn in the Q1 2024. On a quarterly growth basis, Ingredion Incorporated has generated 64.89% jump in its net profits since last 3-months.

Ingredion Incorporated’s net profit margin jumped 28.41% since last year same period to 11.48% in the Q1 2024. On a quarterly growth basis, Ingredion Incorporated has generated 68.3% jump in its net profit margins since last 3-months.

Ingredion Incorporated’s price-to-earnings ratio after this Q1 2024 earnings stands at 11.89.

Ingredion Incorporated’s earning per share (EPS) estimates for the current quarter stand at 2.51 - a 21.84% jump from last quarter’s estimates.

Ingredion Incorporated’s earning per share (EPS) estimates for the current year stand at 2.51.

Ingredion Incorporated’s earning per share (EPS) fell -25.71% since last year same period to 2.08 in the Q1 2024. This indicates that the Ingredion Incorporated has generated -25.71% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ingredion Incorporated’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ingredion Incorporated’s return on equity (ROE) stands at 0.19.

Ingredion Incorporated declared 0.78 dividend per share during the earnings announcement for Q1 2024.