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Ingredion (Ingredion) Pretax Margin % : 9.16% (As of Dec. 2023)


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What is Ingredion Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ingredion's Pre-Tax Income for the three months ended in Dec. 2023 was $176 Mil. Ingredion's Revenue for the three months ended in Dec. 2023 was $1,921 Mil. Therefore, Ingredion's pretax margin for the quarter that ended in Dec. 2023 was 9.16%.

The historical rank and industry rank for Ingredion's Pretax Margin % or its related term are showing as below:

INGR' s Pretax Margin % Range Over the Past 10 Years
Min: 3.6   Med: 9.62   Max: 12.32
Current: 10.28


INGR's Pretax Margin % is ranked better than
73.72% of 1857 companies
in the Consumer Packaged Goods industry
Industry Median: 4.23 vs INGR: 10.28

Ingredion Pretax Margin % Historical Data

The historical data trend for Ingredion's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ingredion Pretax Margin % Chart

Ingredion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.37 8.45 3.60 8.41 10.28

Ingredion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.24 12.12 10.58 9.10 9.16

Competitive Comparison of Ingredion's Pretax Margin %

For the Packaged Foods subindustry, Ingredion's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ingredion's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ingredion's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ingredion's Pretax Margin % falls into.



Ingredion Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Ingredion's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=839/8160
=10.28 %

Ingredion's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=176/1921
=9.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ingredion  (NYSE:INGR) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Ingredion Pretax Margin % Related Terms

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Ingredion (Ingredion) Business Description

Traded in Other Exchanges
Address
5 Westbrook Corporate Center, Westchester, IL, USA, 60154
Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company has two main product lines: specialty and core ingredients. Specialty ingredients includes starch-based texturizers, natural alternative sweeteners such as stevia, and plant proteins for alternative dairy and snacks. Core ingredients includes sweeteners, such as high-fructose corn syrup, and commodity starches, such as those used for sustainable packaging.
Executives
David Eric Seip officer: SVP, Global Ops & CSCO 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jorge A. Uribe director 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jinghuai Xu officer: SVP, Chief Innovation Officer 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Larry Fernandes officer: Sr VP and Chief Commercial Off 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
James D Gray officer: Executive VP and CFO 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Davida Marie Gable officer: VP, Controller & Global SS 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Patricia Verduin director ONE CONAGRA DRIVE, OMAHA NE 68102
Robert A. Ritchie officer: SVP, Food & Industrial Ingred. 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Valdirene Bastos-licht officer: Sr. VP and Pres, Asia-Pacific 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Perez Y Landazuri Pierre officer: SVP and President, EMEA 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jorgen Kokke officer: VP and GM, Asia-Pacific 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
James P. Zallie officer: Exec. VP & Pres, Global Ingred 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Charles V. Magro director C/O CORTEVA, INC., 974 CENTRE ROAD, CRP 735, WILMINGTON DE 19805
Nancy Wolfe officer: SVP and Chief HR Officer 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60015
Jaeger De Foras Tanya Martina officer: Chief Legal Officer, Corp. Sec 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154