Flagship explainer

What drives INGREDION INCORPORATED’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity18%Tax burden75%net income ÷ pretax incomeInterest burden96%pretax ÷ operating incomeOperating margin14%operating income ÷ revenueAsset turnover0.94×revenue ÷ average assetsEquity multiplier1.90×average assets ÷ average equityAs of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$729MFY2025
Income before tax$974MFY2025
Operating income$1.0BFY2025
$7.2BFY2025
Ending assets$7.9BFY2025
Beginning assets$7.4BFY2024
$4.3BFY2025
$3.8BFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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