Ingredion Incorporated (INGR)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 647,000 | 643,000 | 492,000 | 117,000 | 348,000 |
| Total assets | US$ in thousands | 7,444,000 | 7,642,000 | 7,561,000 | 6,999,000 | 6,858,000 |
| ROA | 8.69% | 8.41% | 6.51% | 1.67% | 5.07% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $647,000K ÷ $7,444,000K
= 8.69%
From 2020 to 2024, Ingredion Incorporated's Return on Assets (ROA) has shown variability. The ROA was 5.07% in 2020 and declined to 1.67% in 2021, indicating a drop in the company's ability to generate profit from its assets. However, there was a significant recovery in ROA in the following years, reaching 6.51% in 2022, 8.41% in 2023, and further improving to 8.69% in 2024.
The increasing trend in ROA from 2021 to 2024 reflects improvements in the company's efficiency in utilizing its assets to generate earnings. This could signify better management of assets or increased profitability relative to the asset base. Overall, the rising ROA indicates a positive performance for Ingredion Incorporated in recent years concerning asset efficiency and profitability.
Peer comparison
Dec 31, 2024