Skip to content Skip to footer

Inghams

Share Price and News

ASX BIG FOUR - LIVE SNAPSHOT

SELL

Whitehaven Coal

(ASX:WHC)

Paul Flynn
01/03/2026
$8.7m
BUY

Elixir Energy

(ASX:EXR)

Featured
SELL

Aspen Group

(ASX:APZ)

David Dixon
03/03/2026
$11.4m
BUY

Lovisa

(ASX:LOV)

Brett Blundy
04/03/2026
$6.8m
Company Overview

Overview of Inghams

Inghams Group is an Australian-based food company primarily engaged in poultry (i.e. chicken and poultry) production and processing. Inghams produces a wide range of fresh and frozen poultry products, serving both retail and foodservice markets across Australia and New Zealand.

Inghams' Company History

Inghams Group traces its origins back to 1918, when Walter Ingham Sr. purchased land in Casula, New South Wales, and began a small poultry operation that eventually expanded into one of Australia’s most recognised food brands. His sons, Jack and Bob Ingham, grew the business after 1953 into the country’s largest producer of chicken and turkey products, supplying both retail supermarkets and quick‑service restaurant chains. Over the decades, Inghams diversified into turkey, stockfeed and value‑added poultry products, and expanded operations into New Zealand, including the acquisition of Bostock Brothers – the only organic chicken producer in that market. Inghams operated as a family business for nearly a century before private equity firm TPG Capital acquired it in 2013 for around A$880m. The group then undertook capital investment programs to modernise its processing and farming infrastructure. In November 2016, Inghams successfully floated on the ASX, raising capital to support further growth and operational integration across its Australasian poultry network. Since listing, Inghams has continued to invest in automation, capacity expansion and strategic acquisitions to enhance its market position. But post-pandemic inflation has proven itself to be a challenge.

Get Our Full ASX Stock Analysis Report

Expert buy ranges, stop losses and detailed fundamentals for 200+ ASX stocks – free every week.

Forward View

Future Outlook of Inghams (ASX: ING)

Inghams’ future outlook is mixed. On one hand it has a dominant position in the poultry market and demand remains diversified across retail, quick‑service restaurants (QSRs) and food service channels, and Inghams’ vertically integrated business model positions it to serve these segments efficiently. However, the company is navigating a period of operational adjustment following changes to its long‑term supply agreement with supermarket partner Woolworths, which includes a phased reduction in volume. Inghams has aimed to offset this through customer diversification and new contracts, with reports suggesting that a significant portion of the lost volume has been matched by alternative customers. On the cost side, Inghams continues to face inflationary pressures in farming, processing and feed inputs, though recent feed cost tailwinds have helped offset some of these headwinds. The company has reaffirmed its FY26 underlying EBITDA guidance and is implementing cost‑out initiatives and operational improvements that management expects will benefit results into the second half of the financial year and beyond.

Our Assessment

Is Inghams a Good Stock to Buy?

Inghams may suit investors seeking exposure to a defensive food producer with a strong domestic footprint and potential long‑term growth from efficiency gains and premium product expansion, but it also carries execution and short‑term earnings risks that warrant careful consideration before buying. Fundamentally, Inghams has strong market positions in Australia and New Zealand, with integrated poultry supply chains and longstanding relationships with major retailers and QSRs. Poultry consumption tends to be resilient in economic downturns, giving the business some defensive characteristics compared to more cyclical sectors. On the other hand, Inghams has faced near‑term execution challenges. Revenues and profits softened in FY25 – its profit fell 12% to $89.9m and its revenue fell 3% to $3.2bn. Consequently its share price performance has been relatively weak. Prospective investors should also consider that poultry margins can be volatile due to feed cost movements, labour challenges and contract renegotiations with key customers. On the plus side, Inghams pays dividends and has historically generated healthy cash flows, attributes that appeal to income‑oriented investors.

Our Stock Analysis

The ASX AI Infrastructure Boom Is Real: 5 Data Centre Stocks Riding the Wave

 5 ASX Data Centre Stocks Riding the AI Infrastructure Boom The past 24 hours have…

Infratil (ASX:IFT) Surges 12% After CDC Lands Australia’s Biggest-Ever 555MW Data Centre Deal

Infratil Jumps After 555MW CDC Data Centre Deal Infratil (ASX:IFT) surged more than 12% today…

Decidr AI Industries (ASX:DAI) A$15m raise funds agentic AI expansion push

Decidr AI Industries (ASX:DAI) raised A$15m to fund Sugarwork productisation, agentic AI expansion and sovereign…

dorsaVi (ASX:DVL) sub 1mW hardware platform moves ultra edge thesis forward

dorsaVi (ASX:DVL) launched its modular hardware platform program to move ReRAM and neuromorphic IP toward…

Which Semiconductor Stocks Survive the Cycle, and Which Ones Get Crushed

Why the cycle persists, decade after decade. The  industry has been cyclical since it began…

X2M Connect (ASX:X2M) 500,000 devices, A$600m market and SaaS pivot

X2M Connect (ASX:X2M) has 500,000 connected devices and a A$600m customer market as it pushes…
Faq

Frequently Asked Questions

What is the dividend yield of Inghams?
Inghams typically offers a stable dividend yield, with recent figures around 4-5%. This makes the stock an attractive option for income-focused investors seeking consistent returns.
Compared to competitors like Baiada, Inghams has a strong market presence and offers a competitive dividend yield. Its focus on sustainability and high-quality production also sets it apart.
Investors should be aware of risks such as volatile feed prices, regulatory changes, and competition from imports. These factors could impact Inghams profitability and stock performance.
With its solid financials, stable dividend yield, and strong position in the poultry industry, Inghams could be a good long-term investment, though investors should stay informed about sector risks.
Inghams is investing in new facilities and technologies to improve processing efficiency and sustainability. While it offers some plant-based products, there is no confirmed major investment initiative in this area.

Stay Sharp on the ASX

Weekly research. Independent analysis. No noise.

Free forever · Unsubscribe anytime

© 2026 Kicker. All Rights Reserved.

Add Your Heading Text Here