Ingredion

OverviewSuggest Edit

Ingredion (formerly known as Corn Products) is an ingredients solutions provider. The company turns corn, tapioca, potatoes, and other vegetables and fruits into ingredients for the food, beverage, brewing, pharmaceutical, and industrial sectors. Its product line includes starches and sweeteners, animal feed products, and edible corn oil.
TypePublic
Founded1906
HQWestchester, IL, US
Websiteingredion.com
Employee Ratings3.8
Overall CultureD

Latest Updates

Employees (est.) (Dec 2021)12,000
Job Openings416
Revenue (FY, 2021)$6.9 B(+16%)
Share Price (May 2022)$94.5(+3%)
Cybersecurity ratingAMore
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Key People/Management at Ingredion

James P. Zallie

James P. Zallie

President, Chief Executive Officer and Director
Bob Border

Bob Border

Chief Information Officer
Jorgen Kokke

Jorgen Kokke

Executive Vice President, President Americas
James D. Gray

James D. Gray

Executive Vice President, Chief Financial Officer
Jeremy Xu

Jeremy Xu

Senior Vice President, Chief Innovation Officer
Eric Seip

Eric Seip

Senior Vice President, Global Operations, and Chief Supply Chain Officer
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Ingredion Office Locations

Ingredion has offices in Westchester, Berwick, Bridgewater Township, Cedar Rapids and in 58 other locations
Westchester, IL, US (HQ)
5 Westbrook Corporate Center
Berwick, PA, US
920 Back Rd
Bridgewater Township, NJ, US
10 Finderne Ave
Cedar Rapids, IA, US
1001 1st St SW
Englewood, CO, US
345 Inverness Dr S Building B, Suite 200
Idaho Falls, ID, US
1088 W Sunnyside Rd
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Ingredion Financials and Metrics

Ingredion Revenue

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View revenue for all periods
Ingredion's revenue was reported to be $6.89 b in FY, 2021
USD

Revenue (Q1, 2022)

1.9b

Gross profit (Q1, 2022)

379.0m

Gross profit margin (Q1, 2022), %

20%

Net income (Q1, 2022)

133.0m

EBIT (Q1, 2022)

210.0m

Market capitalization (25-May-2022)

6.1b

Closing stock price (25-May-2022)

94.5

Cash (31-Dec-2021)

328.0m

EV

7.8b
Ingredion's current market capitalization is $6.1 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

6.2b6.0b6.9b

Revenue growth, %

6%

Cost of goods sold

4.9b4.7b5.6b

Gross profit

1.3b1.3b1.3b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

1.5b1.3b1.5b1.6b1.8b1.8b1.9b

Cost of goods sold

1.2b1.1b1.2b1.3b1.4b1.4b1.5b

Gross profit

323.0m271.0m326.0m351.0m367.0m323.0m379.0m

Gross profit Margin, %

21%20%22%21%18%20%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

264.0m665.0m328.0m

Accounts Receivable

977.0m1.0b1.1b

Prepaid Expenses

54.0m54.0m63.0m

Inventories

861.0m917.0m1.2b
Quarterly
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

424.0m354.0m125.0m

Depreciation and Amortization

220.0m213.0m220.0m

Inventories

(43.0m)(14.0m)(312.0m)

Accounts Payable

51.0m124.0m226.0m
Quarterly
USDQ1, 2019

EV/CFO

462.4 x

EV/FCF

-134.2 x

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.3 x
Show all financial metrics

Ingredion Operating Metrics

FY, 2017FY, 2018FY, 2019

Industries Served

606060

Manufacturing Facilities

444444

Patents and Patent Applications

850750750

Product Categories

333

Ingredion Acquisitions / Subsidiaries

Company NameDateDeal Size
KaTechApril 01, 2021$40 m
Verdient FoodsNovember 03, 2020
Pure CircleJuly 01, 2020
TIC GumsDecember 20, 2016
Sun Flour Industry - RIice Ingredients BusinessAugust 17, 2016
Shandong Huanong Specialty Corn DevelopmentFebruary 08, 2016
Kerr ConcentratesJuly 08, 2015
Penford CorporationOctober 15, 2014$340 m
National StarchJune 21, 2010$1.3 b
Arrendadora Gefemesa, S.A. de C.V.
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Ingredion Revenue Breakdown

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Ingredion revenue breakdown by business segment: 100.0% from South America

Ingredion revenue breakdown by geographic segment: 17.1% from Asia-Pacific, 70.9% from North America and 12.0% from EMEA

Human Capital Metrics

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Ingredion Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Ingredion Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Ingredion Online and Social Media Presence

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Ingredion Company Culture

  • Overall Culture

    D

    57/100

  • CEO Rating

    B-

    70/100

  • Compensation

    C+

    64/100

  • Diversity

    D-

    51/100

Learn more on Comparably

Ingredion News and Updates

Ingredion Releases 2021 Sustainability Report

WESTCHESTER, Ill., May 16, 2022 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, today released its 2021 sustainability report, titled “Making Life Better.” The report details the Company's progress again…

Ingredion Incorporated 在 2022 年第一季度實現穩定增長

17% 的淨銷售額增長抵消了通貨膨脹率壓力,同比表現強勁

Ingredion Incorporated Delivers Solid Growth in First Quarter 2022

17% net sales growth offset inflationary pressures contributing to strong year-over-year performance

Ingredion to Webcast Investor Day on June 2, 2022 in Bridgewater, New Jersey

WESTCHESTER, Ill., May 03, 2022 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, today announced that it will host its 2022 Investor Day on Thursday, June 2, 2022, from its Ingredion Idea Labs® innovation…

Ingredion invests in FoodTech chickpea company InnovoPro

Ingredients provider Ingredion (Westchester, IL) has made an equity investment in FoodTech chickpea company InnovoPro (Israel). The companies say chickpea has a strong future in the plant protein market and that their goal is to expand its applications.

Ingredion to Present at CAGNY 2022 Conference

Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced that Jim Zallie, president and chief executive officer, and James Gray, executive vice president and chief financial officer, will present at the Consumer Analyst…
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Ingredion Blogs

Charles Magro

Charles Magro john.ocallaghan Tue, 05/10/2022 - 14:17 Member of the People, Culture and Compensation Committee Charles Magro Chief Executive Officer of Corteva Agriscience Charles Magro is the chief executive officer and a director of Cort…

Ingredion to Release First Quarter 2022 Financial Results on May 5, 2022

WESTCHESTER, Ill., April 18, 2022 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, will release its first quarter 2022 financial results for the period ended March 31, 2022, before the market opens on

Ingredion hosts inaugural BRG Leadership Forum

Ingredion’s inaugural Business Resource Group (BRG) Leadership Forum provided BRG leaders with best practices from experts, resources to enhance leadership skills, and opportunities to expand participants’ professional networks. BRGs are voluntary, employee-led groups focused on specific shared

Ingredion to Present at CAGNY 2022 Conference

Ingredion to Present at CAGNY 2022 Conference Content Import Wed, 02/09/2022 - 10:29 Ingredion to Present at CAGNY 2022 Conference 02/09/22 This release is a backfill from a News Wire Company News General …

Ingredion Included in 2022 Bloomberg Gender-Equality Index for Fifth Consecutive Year

WESTCHESTER, Ill., Jan. 31, 2022 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced that it is one of 418 companies across 45 countries and regions to join the 2022 Bloomberg Gender-Equality

Cleanin’ Crew – Westchester Employees Help Beautify Lincoln Park

Employees from Ingredion’s Westchester headquarters volunteered with the Lincoln Park Conservancy to beautify Chicago’s legendary Lincoln Park. Armed with garbage bags and trash claws, volunteers ventured around the North Pond conservation area, picking up litter and making it safer for local
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Ingredion Frequently Asked Questions

  • When was Ingredion founded?

    Ingredion was founded in 1906.

  • Who are Ingredion key executives?

    Ingredion's key executives are James P. Zallie, Bob Border and Jorgen Kokke.

  • How many employees does Ingredion have?

    Ingredion has 12,000 employees.

  • What is Ingredion revenue?

    Latest Ingredion annual revenue is $6.9 b.

  • What is Ingredion revenue per employee?

    Latest Ingredion revenue per employee is $574.5 k.

  • Who are Ingredion competitors?

    Competitors of Ingredion include Dole, Roquette and Cargill.

  • Where is Ingredion headquarters?

    Ingredion headquarters is located at 5 Westbrook Corporate Center, Westchester.

  • Where are Ingredion offices?

    Ingredion has offices in Westchester, Berwick, Bridgewater Township, Cedar Rapids and in 58 other locations.

  • How many offices does Ingredion have?

    Ingredion has 63 offices.