Dole vs Ingredion
Dole reported revenue of $9.2 billion in fiscal 2025, 1.3 times Ingredion's $7.2 billion in fiscal 2025. Dole's revenue grew 8.2% in its latest year, and Ingredion's fell 2.8%. Dole had an operating margin of 2.4%, against 14.1% at Ingredion. Free cash flow was $2 million at Dole and $511 million at Ingredion.
Side by side
| Dole | Ingredion | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $9.2B | $7.2B |
| Revenue growth | 8.2% | −2.8% |
| Revenue growth a year, last 5 years | 16.1% | 3.8% |
| Gross margin | 7.8% | 25.3% |
| Operating margin | 2.4% | 14.1% |
| Net margin | 0.6% | 10.1% |
| Free cash flow | $2M | $511M |
| Free cash flow margin | 0.0% | 7.1% |
| Return on capital | 6.3% | 16.0% |
| Net debt to EBITDA | 1.8x | 0.6x |
| Dividends and buybacks | $32M | $211M |
| Change in diluted share count | 0.5% | −2.1% |
| Last close | $13.30 | $95.43 |
| P/E at the last close | 25.1× | 10.4× |
| Insider trades, last 12 months | bought $8.6 million, sold $0 | sold $6.0 million |
| Piotroski F-score | 6 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
DoleIngredion
Operating margin
Percent of revenue
DoleIngredion
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
DoleIngredion