Ingredion Incorporated (INGR)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 3,804,000 | 3,538,000 | 3,195,000 | 3,136,000 | 2,981,000 |
| ROE | 17.01% | 18.17% | 15.40% | 3.73% | 11.67% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $647,000K ÷ $3,804,000K
= 17.01%
Ingredion Incorporated's return on equity (ROE) has exhibited fluctuations over the past five years. The ROE decreased from 11.67% as of December 31, 2020, to 3.73% as of December 31, 2021, signaling a decline in profitability relative to shareholders' equity during that period. However, the company's performance improved significantly in subsequent years, reaching 15.40% as of December 31, 2022, 18.17% as of December 31, 2023, and 17.01% as of December 31, 2024.
The upward trend in ROE from 2022 to 2024 suggests that Ingredion has been effectively utilizing its equity to generate profit for its shareholders. Higher ROE figures indicate that the company is efficiently generating earnings from the equity invested by shareholders, demonstrating strong financial performance and potential for generating sustainable returns.
Overall, the recent ROE figures reflect an improvement in Ingredion's profitability and efficiency in leveraging shareholders' equity to drive earnings growth. Investors and stakeholders may view this trend positively, indicating the company's ability to generate value and maximize returns on investment.
Peer comparison
Dec 31, 2024