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Side-by-side financial comparison of Ingredion Inc (INGR) and KINROSS GOLD CORP (KGC). Click either name above to swap in a different company.

KINROSS GOLD CORP is the larger business by last-quarter revenue ($2.5B vs $1.8B, roughly 1.4× Ingredion Inc).

Ingredion Inc. is an American food and beverage ingredient provider based in Westchester, Illinois, producing mainly starches, non-GMO sweeteners, stevia, and pea protein. The company turns corn, tapioca, potatoes, plant-based stevia, grains, fruits, gums and other vegetables into ingredients for the food, beverage, brewing, and pharmaceutical industries and numerous industrial sectors. It has about 12,000 employees in 44 locations, and customers in excess of 120 countries.

Kinross Gold Corporation is a Canadian-based gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" of 2019 by InvestingNews. The company's mines are located in Brazil, Mauritania, and the United States. It trades under the KGC ticker in the New York Stock Exchange, and under K in the Toronto Stock Exchange.

INGR vs KGC — Head-to-Head

Bigger by revenue
KGC
KGC
1.4× larger
KGC
$2.5B
$1.8B
INGR

Income Statement — Q4 FY2025 vs Q3 FY2023

Metric
INGR
INGR
KGC
KGC
Revenue
$1.8B
$2.5B
Net Profit
$167.0M
Gross Margin
24.5%
7.3%
Operating Margin
12.5%
Net Margin
9.5%
Revenue YoY
-2.4%
Net Profit YoY
72.2%
EPS (diluted)
$2.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INGR
INGR
KGC
KGC
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.9B
Q2 24
$1.9B
Q1 24
$1.9B
Net Profit
INGR
INGR
KGC
KGC
Q4 25
$167.0M
Q3 25
$171.0M
Q2 25
$196.0M
Q1 25
$197.0M
Q4 24
$97.0M
Q3 24
$188.0M
Q2 24
$148.0M
Q1 24
$216.0M
Gross Margin
INGR
INGR
KGC
KGC
Q4 25
24.5%
Q3 25
25.1%
Q2 25
26.0%
Q1 25
25.7%
Q4 24
24.9%
Q3 24
25.6%
Q2 24
23.7%
Q1 24
22.2%
Operating Margin
INGR
INGR
KGC
KGC
Q4 25
12.5%
Q3 25
13.7%
Q2 25
14.8%
Q1 25
15.2%
Q4 24
9.0%
Q3 24
14.3%
Q2 24
12.8%
Q1 24
11.3%
Net Margin
INGR
INGR
KGC
KGC
Q4 25
9.5%
Q3 25
9.4%
Q2 25
10.7%
Q1 25
10.9%
Q4 24
5.4%
Q3 24
10.1%
Q2 24
7.9%
Q1 24
11.5%
EPS (diluted)
INGR
INGR
KGC
KGC
Q4 25
$2.58
Q3 25
$2.61
Q2 25
$2.99
Q1 25
$3.00
Q4 24
$1.43
Q3 24
$2.83
Q2 24
$2.22
Q1 24
$3.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INGR
INGR
KGC
KGC
Cash + ST InvestmentsLiquidity on hand
$1.0B
$418.1M
Total DebtLower is stronger
$751.5M
Stockholders' EquityBook value
$4.3B
Total Assets
$7.9B
$10.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INGR
INGR
KGC
KGC
Q4 25
$1.0B
Q3 25
$915.0M
Q2 25
$861.0M
Q1 25
$837.0M
Q4 24
$997.0M
Q3 24
$877.0M
Q2 24
$505.0M
Q1 24
$438.0M
Stockholders' Equity
INGR
INGR
KGC
KGC
Q4 25
$4.3B
Q3 25
$4.2B
Q2 25
$4.2B
Q1 25
$4.0B
Q4 24
$3.8B
Q3 24
$4.0B
Q2 24
$3.7B
Q1 24
$3.7B
Total Assets
INGR
INGR
KGC
KGC
Q4 25
$7.9B
Q3 25
$7.8B
Q2 25
$7.8B
Q1 25
$7.5B
Q4 24
$7.4B
Q3 24
$7.5B
Q2 24
$7.2B
Q1 24
$7.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INGR
INGR
KGC
KGC
Operating Cash FlowLast quarter
$405.0M
$649.0M
Free Cash FlowOCF − Capex
$270.0M
FCF MarginFCF / Revenue
15.4%
Capex IntensityCapex / Revenue
7.7%
Cash ConversionOCF / Net Profit
2.43×
TTM Free Cash FlowTrailing 4 quarters
$511.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INGR
INGR
KGC
KGC
Q4 25
$405.0M
Q3 25
$277.0M
Q2 25
$185.0M
Q1 25
$77.0M
Q4 24
$436.0M
Q3 24
$479.0M
Q2 24
$312.0M
Q1 24
$209.0M
Free Cash Flow
INGR
INGR
KGC
KGC
Q4 25
$270.0M
Q3 25
$172.0M
Q2 25
$84.0M
Q1 25
$-15.0M
Q4 24
$311.0M
Q3 24
$429.0M
Q2 24
$257.0M
Q1 24
$144.0M
FCF Margin
INGR
INGR
KGC
KGC
Q4 25
15.4%
Q3 25
9.5%
Q2 25
4.6%
Q1 25
-0.8%
Q4 24
17.3%
Q3 24
22.9%
Q2 24
13.7%
Q1 24
7.7%
Capex Intensity
INGR
INGR
KGC
KGC
Q4 25
7.7%
Q3 25
5.8%
Q2 25
5.5%
Q1 25
5.1%
Q4 24
6.9%
Q3 24
2.7%
Q2 24
2.9%
Q1 24
3.5%
Cash Conversion
INGR
INGR
KGC
KGC
Q4 25
2.43×
Q3 25
1.62×
Q2 25
0.94×
Q1 25
0.39×
Q4 24
4.49×
Q3 24
2.55×
Q2 24
2.11×
Q1 24
0.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INGR
INGR

Food And Industrial Ingredients LATAM Segment$599.0M34%
Texture And Healthful Solutions Segment$598.0M34%
Food And Industrial Ingredients U.S.Canada Segment$486.0M28%
Other$74.0M4%

KGC
KGC

Segment breakdown not available.

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