Ingredion Incorporated (INGR)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 21.43% | 20.67% | 20.12% | 19.56% | 18.80% | 18.58% | 18.54% | 18.91% | 19.26% | 20.65% | 21.52% | 21.46% | 21.25% | 20.92% | 21.38% | 22.05% | 22.39% | 22.82% | 22.67% | 22.96% |
| Operating profit margin | 11.73% | 11.09% | 10.72% | 10.29% | 9.59% | 8.96% | 9.14% | 9.60% | 4.49% | 5.74% | 5.67% | 4.28% | 9.72% | 9.91% | 10.19% | 10.96% | 11.33% | 11.36% | 11.20% | 11.52% |
| Pretax margin | 10.18% | 9.48% | 9.19% | 8.91% | 8.28% | 7.93% | 8.13% | 8.56% | 3.47% | 4.52% | 4.39% | 2.91% | 8.35% | 8.50% | 8.65% | 9.48% | 9.74% | 9.74% | 9.62% | 9.81% |
| Net profit margin | 7.88% | 7.61% | 6.99% | 6.75% | 6.19% | 5.77% | 6.13% | 6.86% | 1.69% | 2.45% | 2.14% | 0.45% | 5.81% | 5.75% | 5.92% | 6.49% | 7.05% | 6.94% | 6.88% | 6.96% |
Ingredion Inc's profitability ratios show a positive trend over the past quarters. The gross profit margin has been gradually increasing, indicating improved efficiency in managing production costs. The operating profit margin has also been on the rise, reflecting better control over operating expenses.
The pretax margin has shown a steady increase, suggesting that the company is effectively managing its pre-tax profits relative to its total revenue. Additionally, the net profit margin has also seen a consistent improvement, pointing towards an enhanced bottom-line performance after accounting for all expenses and taxes.
Overall, these profitability ratios indicate that Ingredion Inc has been successful in enhancing its profitability and efficiency in generating profits from its operations over the reviewed quarters.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 12.52% | 12.08% | 11.59% | 11.03% | 10.08% | 9.33% | 9.22% | 9.28% | 4.43% | 5.54% | 5.18% | 3.81% | 8.49% | 9.11% | 9.09% | 11.02% | 10.99% | 10.70% | 10.70% | 11.24% |
| Return on assets (ROA) | 8.41% | 8.29% | 7.55% | 7.23% | 6.51% | 6.01% | 6.18% | 6.63% | 1.67% | 2.36% | 1.96% | 0.40% | 5.07% | 5.29% | 5.28% | 6.52% | 6.84% | 6.53% | 6.57% | 6.79% |
| Return on total capital | 18.13% | 17.19% | 16.57% | 16.21% | 14.98% | 14.38% | 13.94% | 13.71% | 6.41% | 8.01% | 7.43% | 5.91% | 12.39% | 12.12% | 12.56% | 14.65% | 14.80% | 14.19% | 14.13% | 14.89% |
| Return on equity (ROE) | 18.17% | 18.61% | 17.00% | 16.95% | 15.63% | 14.51% | 14.53% | 14.97% | 3.77% | 5.35% | 4.93% | 1.02% | 11.79% | 12.46% | 13.19% | 14.89% | 15.18% | 15.35% | 15.18% | 15.98% |
Ingredion Inc's profitability ratios show a positive trend over the quarters analyzed. The Operating Return on Assets (Operating ROA) has been consistently increasing, indicating the company's ability to generate operating profits relative to its total assets. This suggests effective asset utilization and management.
The Return on Assets (ROA) has also been steadily improving, reflecting the company's ability to generate profit from its assets. It is noteworthy that both the Operating ROA and ROA have shown an upward trajectory, which is a positive sign for the company's financial health.
Ingredion Inc's Return on Total Capital has been increasing consistently, indicating the company's ability to generate returns for both equity and debt capital providers. This metric demonstrates the company's efficient allocation of capital towards generating profits.
The Return on Equity (ROE) has also shown a positive trend, indicating that the company is effectively utilizing shareholders' equity to generate returns. The increasing ROE reflects the company's ability to create value for its shareholders.
Overall, the profitability ratios of Ingredion Inc demonstrate a consistent improvement over the quarters, reflecting the company's strong financial performance and efficient management of resources.