IngredionFRA:CNP -1.58%75 Pretax Margin % is 10.83% as of Mar. 2026, which is 7% above its 10-year median of 10.08. GuruFocus rates FRA:CNP with a GF Score™ of 75/100 and a GF Value™ of €98.39 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,951 Consumer Packaged Goods companies, Ingredion ranks better than 78.73% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ingredion's Pre-Tax Income for the
three
months ended in Mar. 2026 was €168 Mil. Ingredion's Revenue for the
three
months ended in Mar. 2026 was €1,550 Mil. Therefore, Ingredion's pretax margin for the quarter that ended in Mar. 2026 was 10.83%.
The historical rank and industry rank for Ingredion's Pretax Margin % or its related term are showing as below:
FRA:CNP'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.6 Med: 10.08 Max: 13.49
Current: 12.52
FRA:CNP's Pretax Margin % is ranked better than 78.73% of 1951
companies
in the Consumer Packaged Goods industry
Industry Median: 4.67
vs FRA:CNP: 12.52
Ingredion (FRA:CNP) 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
Ingredion Pretax Margin % Historical Data
* Premium members only.
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.
FRA:CNP vs CAG, CPB, PPC: Pretax Margin % Comparison
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 Pretax Margin % vs 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.
* 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 (FRA:CNP) has a Pretax Margin % of 10.83% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ingredion and its competitors. This is near median its historical median of 10.08. Over the past decade, Ingredion's Pretax Margin % has ranged from 3.60 to 13.49. According to the industry distribution chart, Ingredion ranks #415 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 21.3%.
Is Ingredion's Pretax Margin % too high?
Ingredion's current Pretax Margin % of 10.83% is near median its 10-year median of 10.08. Over the past 10 years, this metric has ranged from a low of 3.60 to a high of 13.49. The Consumer Packaged Goods industry median Pretax Margin % is 4.67. Ingredion's value of 10.83% is 131.9% above this industry median. Based on the distribution chart, Ingredion ranks #415 out of 1951 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Ingredion has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ingredion's Pretax Margin % compare to CAG and CPB?
According to the Consumer Packaged Goods industry distribution chart, Ingredion ranks #415 out of 1951 companies for Pretax Margin %. This places Ingredion in the top 21% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.67. Ingredion's value of 10.83% is 131.9% above this benchmark. Historically, Ingredion's own Pretax Margin % has ranged from 3.60 to 13.49 over the past decade. While the company's 10-year median is 10.08 vs. the industry median of 4.67, Ingredion has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Consumer Packaged Goods company?
The median Pretax Margin % among Consumer Packaged Goods companies is 4.67, based on 1,951 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ingredion's current Pretax Margin % of 10.83% is 131.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ingredion and its competitors. For the Consumer Packaged Goods industry, the median Pretax Margin % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingredion's current Pretax Margin % is 10.83%, which is near median its own 10-year median of 10.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingredion stock overvalued right now?
Based on GuruFocus' analysis, Ingredion (FRA:CNP) is currently considered Modestly Undervalued. The stock's GF Value™ is €98.39, compared to a current price of €84.25 — trading 14.4% below its estimated fair value. The current Pretax Margin % is 10.83%, which is near median its 10-year median of 10.08 and 131.9% above the Consumer Packaged Goods industry median of 4.67. Ingredion's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Ingredion (FRA:CNP), the current Pretax Margin % is 10.83% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ingredion (FRA:CNP) Overvalued in 2026?
Based on GuruFocus' analysis, Ingredion stock appears to be undervalued.
The current stock price of €84.25 is trading 14.4% below its estimated GF Value™ of €98.39.
GuruFocus considers Ingredion to be Modestly Undervalued.
Key valuation signals for FRA:CNP:
Pretax Margin %: 10.83% (near median its 10-year median of 10.08)
GF Value™: €98.39 vs. price of €84.25 (14.4% below fair value)
Industry Position: 131.9% above the Consumer Packaged Goods median (#415 of 1951)
No single metric tells the full story. See the FRA:CNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 sells specialty ingredients that include starch-based texturizers and natural alternative sweeteners such as stevia. Ingredion also sells commodity ingredients that include sweeteners, such as high-fructose corn syrup, and starches, such as those used for sustainable packaging, as well as plant-based proteins. The company plans to acquire Tate & Lyle in an all-cash deal that should close in 2027.
75GF Score
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