Ingredion Incorporated (INGR)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 883,000 | 957,000 | 762,000 | 709,000 | 582,000 |
| Revenue | US$ in thousands | 7,430,000 | 8,160,000 | 7,946,000 | 6,894,000 | 5,987,000 |
| Operating profit margin | 11.88% | 11.73% | 9.59% | 10.28% | 9.72% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $883,000K ÷ $7,430,000K
= 11.88%
Ingredion Incorporated's operating profit margin has shown a fluctuating trend over the past five years. In December 2020, the operating profit margin was reported at 9.72%, which increased to 10.28% by December 2021, demonstrating an improvement in profitability. However, by the end of December 2022, the margin declined to 9.59%.
Subsequently, there was a significant upturn in the operating profit margin as of December 2023, reaching 11.73%, indicating a notable increase in profitability for that period. This positive trend continued into December 2024, with the operating profit margin further improving to 11.88%.
Overall, the operating profit margin of Ingredion Incorporated has exhibited both ups and downs, showcasing periods of enhanced profitability alongside slight declines. Analyzing the underlying factors influencing these fluctuations could provide valuable insights into the company's financial performance and strategic decision-making.
Peer comparison
Dec 31, 2024