Ingredion Inc (INGR)
2025-06-30 | 2024-09-30 | 2024-06-30 | ||
---|---|---|---|---|
Net sales | 1,833 | 1,870 | 1,878 | |
Cost of sales | 1,356 | 1,391 | 1,432 | |
Gross profit | 477 | 479 | 446 | |
Operating expenses | 208 | 198 | 191 | |
Other operating (income) expense, net | 5 | -1 | 8 | |
Restructuring/impairment charges | 3 | 12 | 23 | |
Operating income | 271 | 268 | 240 | |
Net gain on sale of business | - | 8 | - | |
Financing costs | 12 | 1 | 10 | |
Other non-operating expense | - | -2 | - | |
Income before income taxes | 259 | 273 | 230 | |
Provision for income taxes | 61 | 84 | 80 | |
Net income | 198 | 189 | 150 | |
Less net income attributable to non-controlling interests | 2 | 1 | 2 | |
Net income attributable to ingredion | 196 | 188 | 148 | |
Basic (in dollars per share) | 3.04 | 2.88 | 2.25 | |
Basic (in shares) | 64,500,000 | 65,300,000 | 65,700,000 | |
Diluted (in dollars per share) | 2.99 | 2.83 | 2.22 | |
Diluted (in shares) | 65,600,000 | 66,500,000 | 66,800,000 |