Ingredion Incorporated (INGR)
Return on equity (ROE)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 647,000 | 683,000 | 653,000 | 668,000 | 643,000 | 626,000 | 574,000 | 553,000 | 492,000 | 445,000 | 457,000 | 493,000 | 117,000 | 165,000 | 139,000 | 27,000 | 348,000 | 342,000 | 349,000 | 388,000 |
Total stockholders’ equity | US$ in thousands | 3,864,000 | 4,004,000 | 3,705,000 | 3,724,000 | 3,593,000 | 3,413,000 | 3,420,000 | 3,301,000 | 3,195,000 | 3,109,000 | 3,183,000 | 3,324,000 | 3,136,000 | 3,116,000 | 2,850,000 | 2,658,000 | 2,981,000 | 2,744,000 | 2,646,000 | 2,606,000 |
ROE | 16.74% | 17.06% | 17.62% | 17.94% | 17.90% | 18.34% | 16.78% | 16.75% | 15.40% | 14.31% | 14.36% | 14.83% | 3.73% | 5.30% | 4.88% | 1.02% | 11.67% | 12.46% | 13.19% | 14.89% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $647,000K ÷ $3,864,000K
= 16.74%
Ingredion Incorporated's Return on Equity (ROE) experienced fluctuations over the given time period. ROE measures the company's ability to generate profit from its shareholders' equity.
The trend of Ingredion's ROE shows a general decrease from a high of 14.89% in March 2020 to a low of 1.02% in March 2021. This sharp decline indicates a significant drop in the company's profitability relative to its equity during this period.
However, starting from June 2021, there is a gradual improvement in ROE, reaching 18.34% by September 2023. This increase suggests that Ingredion Incorporated became more efficient in generating profit from its shareholders' equity.
The most recent data for December 31, 2024, shows the ROE at 16.74%, indicating a relatively stable level of profitability compared to the previous quarters.
Overall, Ingredion's ROE performance indicates both periods of decline and recovery, highlighting the importance of monitoring the company's profitability relative to its equity to assess its financial health and efficiency in utilizing shareholder funds.
Peer comparison
Dec 31, 2024