Ingredion
- Revenue$6.9 BFY, 2021
- Market Capitalization$6.1 B2022-05-25
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.
| Type | Public | |
| Founded | 1906 | |
| HQ | Westchester, IL, US | Map |
| Website | ingredion.com | |
| Employee Ratings | ||
| Overall Culture | D | More |
Key People/Management at Ingredion
James P. Zallie
President, Chief Executive Officer and Director
Bob Border
Chief Information Officer
Jorgen Kokke
Executive Vice President, President Americas
James D. Gray
Executive Vice President, Chief Financial Officer
Jeremy Xu
Senior Vice President, Chief Innovation Officer
Eric Seip
Senior Vice President, Global Operations, and Chief Supply Chain Officer
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
Ingredion Financials and Metrics
Ingredion Revenue
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
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 255.0m | 297.0m | 443.0m | 278.0m | 1.0b | 553.0m | 576.0m | 542.0m | 434.0m |
Accounts Receivable | 1.0b | 1.0b | 981.0m | 996.0m | 861.0m | 913.0m | 1.0b | 1.1b | 1.1b |
Prepaid Expenses | 36.0m | 34.0m | 36.0m | 55.0m | 52.0m | 56.0m | 58.0m | 70.0m | 74.0m |
Inventories | 862.0m | 865.0m | 879.0m | 857.0m | 859.0m | 908.0m | 950.0m | 1.1b | 1.1b |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 102.0m | 209.0m | 311.0m | 78.0m | 145.0m | 238.0m | (243.0m) | (62.0m) | 57.0m |
Depreciation and Amortization | 51.0m | 103.0m | 158.0m | 54.0m | 106.0m | 158.0m | 52.0m | 103.0m | 155.0m |
Inventories | (34.0m) | (39.0m) | (71.0m) | (33.0m) | (31.0m) | (10.0m) | (69.0m) | (165.0m) | (226.0m) |
Accounts Payable | (67.0m) | (32.0m) | 76.0m | 17.0m | (21.0m) | 54.0m | (5.0m) | 62.0m | 94.0m |
| USD | Q1, 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 |
Ingredion Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| KaTech | April 01, 2021 | $40 m |
| Verdient Foods | November 03, 2020 | |
| Pure Circle | July 01, 2020 | |
| TIC Gums | December 20, 2016 | |
| Sun Flour Industry - RIice Ingredients Business | August 17, 2016 | |
| Shandong Huanong Specialty Corn Development | February 08, 2016 | |
| Kerr Concentrates | July 08, 2015 | |
| Penford Corporation | October 15, 2014 | $340 m |
| National Starch | June 21, 2010 | $1.3 b |
| Arrendadora Gefemesa, S.A. de C.V. |
Ingredion Revenue Breakdown
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
Ingredion Cybersecurity Score
Ingredion Environment, Social & Governance (ESG) Ratings
Ingredion Online and Social Media Presence
2.59k Twitter followers
Ingredion has 2.59k Twitter Followers. The number of followers has increased 0.6% month over month and increased 1.4% quarter over quarter
Ingredion's Trends
Twitter Engagement Stats for @Ingredion
435
Tweets
107
Following
2.6k
Followers
2
Tweets last 30 days
3
Avg. likes per Tweet
100%
Tweets with engagement
Ingredion Company Culture
Overall Culture
D
57/100
CEO Rating
B-
70/100
Compensation
C+
64/100
Diversity
D-
51/100
Ingredion News and Updates
May 16, 2022
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…
May 05, 2022
Ingredion Incorporated Delivers Solid Growth in First Quarter 2022
17% net sales growth offset inflationary pressures contributing to strong year-over-year performance
May 03, 2022
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…
February 17, 2022
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.
February 09, 2022
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…
Ingredion Blogs
May 10, 2022
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…
April 18, 2022
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
April 04, 2022
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
February 09, 2022
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
…
January 31, 2022
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
December 03, 2021
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
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.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies