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

Ingredion Inc is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.4× TransUnion). TransUnion runs the higher net margin — 9.6% vs 9.5%, a 0.1% gap on every dollar of revenue. On growth, TransUnion posted the faster year-over-year revenue change (13.7% vs -2.4%). Over the past eight quarters, TransUnion's revenue compounded faster (9.4% CAGR vs -3.4%).

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.

TransUnion is an American consumer credit reporting agency. TransUnion collects and aggregates information on over one billion individual consumers in over thirty countries including "200 million files profiling nearly every credit-active consumer in the United States". Its customers include over 65,000 businesses. Based in Chicago, Illinois, TransUnion's 2014 revenue was US$1.3 billion. It is the smallest of the three largest credit agencies, along with Experian and Equifax.

INGR vs TRU — Head-to-Head

Bigger by revenue
INGR
INGR
1.4× larger
INGR
$1.8B
$1.2B
TRU
Growing faster (revenue YoY)
TRU
TRU
+16.1% gap
TRU
13.7%
-2.4%
INGR
Higher net margin
TRU
TRU
0.1% more per $
TRU
9.6%
9.5%
INGR
Faster 2-yr revenue CAGR
TRU
TRU
Annualised
TRU
9.4%
-3.4%
INGR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
INGR
INGR
TRU
TRU
Revenue
$1.8B
$1.2B
Net Profit
$167.0M
$120.0M
Gross Margin
24.5%
Operating Margin
12.5%
19.7%
Net Margin
9.5%
9.6%
Revenue YoY
-2.4%
13.7%
Net Profit YoY
72.2%
-4.0%
EPS (diluted)
$2.58
$0.61

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
TRU
TRU
Q1 26
$1.2B
Q4 25
$1.8B
$1.2B
Q3 25
$1.8B
$1.2B
Q2 25
$1.8B
$1.1B
Q1 25
$1.8B
$1.1B
Q4 24
$1.8B
$1.0B
Q3 24
$1.9B
$1.1B
Q2 24
$1.9B
$1.0B
Net Profit
INGR
INGR
TRU
TRU
Q1 26
$120.0M
Q4 25
$167.0M
$101.1M
Q3 25
$171.0M
$96.6M
Q2 25
$196.0M
$109.6M
Q1 25
$197.0M
$148.1M
Q4 24
$97.0M
$66.3M
Q3 24
$188.0M
$68.0M
Q2 24
$148.0M
$85.0M
Gross Margin
INGR
INGR
TRU
TRU
Q1 26
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%
Operating Margin
INGR
INGR
TRU
TRU
Q1 26
19.7%
Q4 25
12.5%
17.4%
Q3 25
13.7%
17.8%
Q2 25
14.8%
16.9%
Q1 25
15.2%
23.2%
Q4 24
9.0%
16.5%
Q3 24
14.3%
14.4%
Q2 24
12.8%
17.5%
Net Margin
INGR
INGR
TRU
TRU
Q1 26
9.6%
Q4 25
9.5%
8.6%
Q3 25
9.4%
8.3%
Q2 25
10.7%
9.6%
Q1 25
10.9%
13.5%
Q4 24
5.4%
6.4%
Q3 24
10.1%
6.3%
Q2 24
7.9%
8.2%
EPS (diluted)
INGR
INGR
TRU
TRU
Q1 26
$0.61
Q4 25
$2.58
$0.52
Q3 25
$2.61
$0.49
Q2 25
$2.99
$0.56
Q1 25
$3.00
$0.75
Q4 24
$1.43
$0.33
Q3 24
$2.83
$0.35
Q2 24
$2.22
$0.44

Balance Sheet & Financial Strength

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

Metric
INGR
INGR
TRU
TRU
Cash + ST InvestmentsLiquidity on hand
$1.0B
$732.5M
Total DebtLower is stronger
$5.6B
Stockholders' EquityBook value
$4.3B
$4.9B
Total Assets
$7.9B
$12.0B
Debt / EquityLower = less leverage
1.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INGR
INGR
TRU
TRU
Q1 26
$732.5M
Q4 25
$1.0B
$856.3M
Q3 25
$915.0M
$752.5M
Q2 25
$861.0M
$690.0M
Q1 25
$837.0M
$612.5M
Q4 24
$997.0M
$682.0M
Q3 24
$877.0M
$646.0M
Q2 24
$505.0M
$545.8M
Total Debt
INGR
INGR
TRU
TRU
Q1 26
$5.6B
Q4 25
$4.9B
Q3 25
Q2 25
Q1 25
Q4 24
$5.1B
Q3 24
Q2 24
Stockholders' Equity
INGR
INGR
TRU
TRU
Q1 26
$4.9B
Q4 25
$4.3B
$4.4B
Q3 25
$4.2B
$4.5B
Q2 25
$4.2B
$4.5B
Q1 25
$4.0B
$4.4B
Q4 24
$3.8B
$4.2B
Q3 24
$4.0B
$4.2B
Q2 24
$3.7B
$4.1B
Total Assets
INGR
INGR
TRU
TRU
Q1 26
$12.0B
Q4 25
$7.9B
$11.1B
Q3 25
$7.8B
$11.1B
Q2 25
$7.8B
$11.1B
Q1 25
$7.5B
$10.9B
Q4 24
$7.4B
$11.0B
Q3 24
$7.5B
$11.1B
Q2 24
$7.2B
$11.0B
Debt / Equity
INGR
INGR
TRU
TRU
Q1 26
1.14×
Q4 25
1.11×
Q3 25
Q2 25
Q1 25
Q4 24
1.20×
Q3 24
Q2 24

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
TRU
TRU
Operating Cash FlowLast quarter
$405.0M
Free Cash FlowOCF − Capex
$270.0M
FCF MarginFCF / Revenue
15.4%
Capex IntensityCapex / Revenue
7.7%
5.2%
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
TRU
TRU
Q1 26
Q4 25
$405.0M
$319.5M
Q3 25
$277.0M
$324.3M
Q2 25
$185.0M
$291.3M
Q1 25
$77.0M
$52.5M
Q4 24
$436.0M
$254.0M
Q3 24
$479.0M
$229.3M
Q2 24
$312.0M
$295.2M
Free Cash Flow
INGR
INGR
TRU
TRU
Q1 26
Q4 25
$270.0M
$222.8M
Q3 25
$172.0M
$240.4M
Q2 25
$84.0M
$214.3M
Q1 25
$-15.0M
$-15.9M
Q4 24
$311.0M
$136.9M
Q3 24
$429.0M
$161.3M
Q2 24
$257.0M
$226.9M
FCF Margin
INGR
INGR
TRU
TRU
Q1 26
Q4 25
15.4%
19.0%
Q3 25
9.5%
20.6%
Q2 25
4.6%
18.8%
Q1 25
-0.8%
-1.5%
Q4 24
17.3%
13.2%
Q3 24
22.9%
14.9%
Q2 24
13.7%
21.8%
Capex Intensity
INGR
INGR
TRU
TRU
Q1 26
5.2%
Q4 25
7.7%
8.3%
Q3 25
5.8%
7.2%
Q2 25
5.5%
6.8%
Q1 25
5.1%
6.2%
Q4 24
6.9%
11.3%
Q3 24
2.7%
6.3%
Q2 24
2.9%
6.6%
Cash Conversion
INGR
INGR
TRU
TRU
Q1 26
Q4 25
2.43×
3.16×
Q3 25
1.62×
3.36×
Q2 25
0.94×
2.66×
Q1 25
0.39×
0.35×
Q4 24
4.49×
3.83×
Q3 24
2.55×
3.37×
Q2 24
2.11×
3.47×

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%

TRU
TRU

U.S. Markets$975.0M78%
International$274.0M22%

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