Ingredion Inc

Grain Mill Products·WESTCHESTER, IL·FY end 12/31·CIK 1046257

CEO Pay Ratio

226:1

James Zallie

CEO Total Comp

$12.9M

James Zallie

Median Employee

$57,174

Revenue

$1.8B

FY 2025

Net Income

$165.0M

FY 2025

Free Cash Flow

$511.0M

FY 2025

Net Margin

9.4%

Insider Net (180d)

-$84.5K

0 buys / 4 sales

CEO Pay Accountability

CEO comp as % of net income

7.84%

For every $1,000 of profit, $78.38 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$1.8B	$1.8B	$1.9B	$2.0B	$1.8B
Gross Profit	$430.0M	$449.0M	$400.0M	$351.0M	$290.0M
Operating Income	$1.0B	$883.0M	$957.0M	$762.0M	$310.0M
Net Income	$165.0M	$95.0M	$131.0M	$114.0M	$67.0M
Operating CF	$944.0M	$1.4B	$1.1B	$152.0M	$392.0M
Capex	$433.0M	$301.0M	$316.0M	$300.0M	$300.0M
Free Cash Flow	$511.0M	$1.1B	$741.0M	-$148.0M	$92.0M
Buybacks	—	—	—	—	—	—
Dividends	—	—	—	—	—	—

Gross Margin	24.5%	24.9%	20.8%	17.7%	16.5%
Operating Margin	57.8%	49.1%	49.8%	38.3%	17.7%
Net Margin	9.4%	5.3%	6.8%	5.7%	3.8%
FCF Margin	29.1%	63.1%	38.6%	-7.4%	5.2%
R&D / Revenue	4.0%	3.7%	3.3%	2.6%	2.5%
Effective Tax	24.4%	29.8%	22.4%	24.9%	49.6%
Debt / Equity	0.41	0.47	0.49	0.62	0.56
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
James ZalliePresident and CEO	$1.3M	$6.5M	$2.0M	$2.2M	$946.1K	$12.9M
James GrayEVP and Chief Financial Officer	$759.8K	$1.5M	$450.0K	$871.1K	$231.4K	$3.8M
Robert RitchieSVP, Food and Industrial Ingredients Americas	$556.9K	$976.4K	$300.0K	$487.9K	$285.9K	$2.6M
Tanya Jaeger de ForasSVP and Chief Legal Officer, Corporate Secretary and Chief Compliance Officer	$536.9K	$773.0K	$237.5K	$456.5K	$140.6K	$2.1M
Eric SeipSVP Global Operations and Chief Supply Chain Officer	$559.8K	$671.3K	$206.2K	$463.2K	$153.7K	$2.1M