• Ingredion average return on tangible equity for 2024 was 27.95, a 7.85% decline from 2023.
• Ingredion average return on tangible equity for 2023 was 30.33, a 17.29% decline from 2022.
• Ingredion average return on tangible equity for 2022 was 25.86, a 253.28% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.