← BackIngredion Inc · Grain Mill ProductsINGR
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The short versionA high-quality, profitable business with steady sales.
Going well
- Profitable every year for 10 years
- Brings in more cash than it spends
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 0.6% to their holdings in the quarter ending June 2026 (280 bought, 345 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$95.46-0.2% that day
- Company value
- $6.0B
- Share price times all shares
- Price vs profit (P/E)
- 10.4x
- You pay about $10 for each $1 of yearly profit
- Price vs sales
- 0.83x
- Company value is 0.83 times a year of sales
- Cash vs value
- 16%
- Cash as a share of company value
- Debt vs value
- 29%
- Debt as a share of company value
From INGR's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$1.9B+0.9% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $7.2B, down 1.4% from the 12 months before. Over 5 years, sales grew about 3.8% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.18.0%
- PassDebt under half of equityNot relying on borrowed money.0.41x equity
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.10.1%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$511.0M
- PassShare count not growingNot diluting owners. Falling means buybacks.-2.7% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.25.3%
- Revenue
- $7.2B
- -2.8% vs prior year
- 5-year growth
- +3.8%/yr
- revenue, per year
- Total debt
- $1.7B
- 0.41x equity
- Current ratio
- 2.66x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $1.9B
- +0.9% YoY
- EPS
- $1.78
- vs $2.99
- Op. margin
- 10.2%
- -4.6 pts
- Gross margin
- 23.0%
- -3.0 pts
- Free cash flow
- -$10.0M
- Share count
- -2.6%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 1.6
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.6%Institutions added 0.6% to their holdings. 280 bought, 345 sold. 7 quarters of net buying in a row.
Shares held by institutions62.4M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-1.6%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.4x · $1.7B debtShares outstandingLatest reported
63MNext reportIn 7 days (est.)Estimated from the same quarter last year
- Results filedAug 4
- Results filedMay 5
- Results filedFeb 3
- Results filedNov 4, 2025
- Results filedAug 1, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Stock awardDavid Eric SeipSVP, Global Ops and CSCO
18 shares at $97.27 · $2K
- +0% of holdings
- Now owns 13,465 shares
- Phantom Stock
- Filed 4 days after trade
Stock awardDiego ReynosoEVP & Chief Financial Officer
12,660 shares at $97.27 · $1.2M
- Now owns 12,660 shares
- 2 transactions
- Filed 4 days after trade
Stock awardCharles V. MagroDirector
266 shares at $95.81 · $25K
- +53% of holdings
- Now owns 772 shares
- Phantom Stock
- Filed 2 days after trade
Stock awardDavid Eric SeipSVP, Global Ops and CSCO
18 shares at $95.81 · $2K
- +0% of holdings
- Now owns 13,447 shares
- Phantom Stock
- Filed 1 day after trade
Stock awardMichael J LeonardSVP, CIO & Head of Prot. Fort.
28 shares at $99.07 · $3K
- +1% of holdings
- Now owns 1,895 shares
- Phantom Stock
- Filed 1 day after trade
Stock awardDavid Eric SeipSVP, Global Ops and CSCO
18 shares at $99.07 · $2K
- +0% of holdings
- Now owns 13,429 shares
- Phantom Stock
- Filed 1 day after trade