See more : Cub Elecparts Inc. (2231.TW) Income Statement Analysis – Financial Results
Complete financial analysis of MGP Ingredients, Inc. (MGPI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of MGP Ingredients, Inc., a leading company in the Beverages – Wineries & Distilleries industry within the Consumer Defensive sector.
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MGP Ingredients, Inc. (MGPI)
Industry: Beverages - Wineries & Distilleries
Sector: Consumer Defensive
Website: https://www.mgpingredients.com
About MGP Ingredients, Inc.
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients. It operates through three segments: Distillery Products; Branded Spirits; and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also provides fuel-grade alcohol for blending with gasoline; distillers feed and related co-products, such as distillers feed and corn oil; and warehouse services, including barrel put away, storage, and retrieval services, as well as blending services. The Branded Spirits segment provides ultra-premium, premium, mid, and value branded distilled spirits. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym, Resistant Starch, and FiberRite RW Resistant Starch names; specialty wheat proteins for food applications under the Arise and Proterra names; gluten-free textured pea proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins. The company sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, the United Kingdom, Japan, Thailand, Mexico, and Canada. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 836.52M | 782.36M | 626.72M | 395.52M | 362.75M | 376.09M | 347.45M | 318.26M | 327.60M | 313.40M | 323.26M | 334.34M | 247.92M | 201.97M | 275.98M | 392.89M | 367.99M | 322.48M | 275.18M | 270.67M | 192.37M | 214.53M | 229.24M | 231.88M | 216.10M | 223.30M | 224.70M | 194.60M | 180.30M | 186.00M | 163.40M | 227.00M | 194.10M | 184.00M | 191.80M | 124.90M |
| Cost of Revenue | 531.81M | 529.05M | 427.76M | 296.72M | 286.21M | 292.49M | 271.43M | 252.98M | 269.07M | 284.97M | 302.03M | 309.31M | 225.04M | 171.43M | 310.08M | 388.66M | 321.94M | 277.26M | 249.94M | 245.77M | 202.11M | 193.33M | 212.06M | 197.46M | 187.00M | 200.60M | 199.70M | 176.30M | 150.40M | 141.10M | 124.40M | 185.50M | 158.70M | 154.20M | 156.70M | 93.50M |
| Gross Profit | 304.71M | 253.31M | 198.97M | 98.81M | 76.53M | 83.60M | 76.02M | 65.28M | 58.53M | 28.43M | 21.24M | 25.02M | 22.88M | 30.54M | -34.10M | 4.23M | 46.05M | 45.21M | 25.24M | 24.91M | -9.74M | 21.20M | 17.18M | 34.42M | 29.10M | 22.70M | 25.00M | 18.30M | 29.90M | 44.90M | 39.00M | 41.50M | 35.40M | 29.80M | 35.10M | 31.40M |
| Gross Profit Ratio | 36.43% | 32.38% | 31.75% | 24.98% | 21.10% | 22.23% | 21.88% | 20.51% | 17.87% | 9.07% | 6.57% | 7.48% | 9.23% | 15.12% | -12.36% | 1.08% | 12.51% | 14.02% | 9.17% | 9.20% | -5.06% | 9.88% | 7.50% | 14.84% | 13.47% | 10.17% | 11.13% | 9.40% | 16.58% | 24.14% | 23.87% | 18.28% | 18.24% | 16.20% | 18.30% | 25.14% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 916.00K | 748.00K | 1.62M | 2.47M | 2.34M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 91.40M | 74.63M | 72.83M | 41.85M | 26.46M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 38.21M | 29.71M | 16.10M | 2.71M | 2.83M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 129.61M | 104.34M | 88.93M | 44.57M | 29.29M | 33.45M | 33.11M | 26.69M | 25.68M | 20.10M | 26.20M | 26.54M | 21.16M | 20.71M | 21.40M | 24.24M | 20.32M | 23.81M | 19.32M | 20.34M | 13.62M | 14.69M | 13.55M | 12.11M | 11.90M | 11.40M | 9.20M | 9.00M | 10.60M | 12.20M | 10.70M | 14.20M | 11.90M | 10.30M | 10.00M | 9.60M |
| Other Expenses | 26.49M | -3.34M | -1.23M | 627.00K | 0.00 | 0.00 | 0.00 | 3.39M | 0.00 | -1.00K | -236.00K | 2.00K | 826.00K | 2.58M | 4.69M | 9.65M | -1.43M | -968.00K | -707.00K | -10.72M | -17.40M | -4.87M | 0.00 | 13.52M | 13.60M | 13.90M | 14.00M | 13.90M | 8.70M | 7.20M | 6.20M | 7.20M | 6.50M | 6.70M | 6.10M | 5.40M |
| Operating Expenses | 156.10M | 104.34M | 88.93M | 44.57M | 29.29M | 33.45M | 33.11M | 23.31M | 25.68M | 20.10M | 26.44M | 25.97M | 21.98M | 23.29M | 26.10M | 33.88M | 18.89M | 22.84M | 18.61M | 9.62M | -3.79M | 9.82M | 13.55M | 25.62M | 25.50M | 25.30M | 23.20M | 22.90M | 19.30M | 19.40M | 16.90M | 21.40M | 18.40M | 17.00M | 16.10M | 15.00M |
| Cost & Expenses | 687.91M | 633.39M | 516.68M | 341.28M | 315.50M | 325.94M | 304.54M | 276.29M | 294.75M | 305.07M | 328.46M | 335.28M | 247.02M | 194.72M | 336.17M | 422.54M | 340.83M | 300.11M | 268.55M | 255.39M | 198.33M | 203.15M | 225.60M | 223.09M | 212.50M | 225.90M | 222.90M | 199.20M | 169.70M | 160.50M | 141.30M | 206.90M | 177.10M | 171.20M | 172.80M | 108.50M |
| Interest Income | 0.00 | 5.45M | 4.04M | 2.27M | 1.31M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 6.65M | 5.45M | 4.04M | 1.64M | 1.31M | 1.17M | 1.18M | 1.29M | 534.00K | 816.00K | 1.12M | 870.00K | 358.00K | 1.76M | 2.90M | 1.49M | 964.00K | 1.48M | 1.39M | 1.09M | 1.09M | 1.24M | 1.35M | 1.35M | 1.10M | 400.00K | 2.60M | 2.60M | 600.00K | 100.00K | 100.00K | 100.00K | 100.00K | 500.00K | 500.00K | 1.40M |
| Depreciation & Amortization | 22.11M | 21.46M | 19.09M | 12.96M | 11.57M | 11.36M | 11.31M | 11.25M | 12.38M | 12.33M | 12.01M | 11.57M | 8.84M | 8.63M | 11.95M | 15.17M | 14.47M | 12.66M | 16.01M | 15.20M | 14.35M | 14.31M | 13.63M | 13.52M | 13.60M | 13.90M | 14.00M | 13.90M | 8.70M | 7.20M | 6.20M | 7.20M | 6.50M | 6.70M | 6.10M | 5.40M |
| EBITDA | 170.51M | 167.08M | 117.00M | 67.20M | 58.81M | 61.51M | 54.22M | 49.84M | 45.23M | 19.77M | 6.61M | 14.38M | 13.08M | 13.71M | 14.36M | -67.06M | -10.18M | 41.63M | 35.03M | 22.64M | 30.49M | 8.40M | 25.69M | 17.27M | 22.31M | 17.20M | 11.30M | 15.80M | 9.30M | 19.30M | 32.70M | 28.30M | 27.30M | 23.50M | 19.50M | 25.10M |
| EBITDA Ratio | 20.38% | 21.36% | 18.00% | 16.99% | 16.21% | 16.36% | 9.07% | 13.19% | 10.03% | 9.82% | 2.04% | 3.09% | 3.31% | 6.79% | -17.53% | -3.15% | 10.52% | 10.52% | 7.65% | 6.77% | -12.84% | 9.60% | 6.61% | 9.29% | 7.77% | 4.75% | 6.59% | 4.01% | 13.03% | 17.47% | 16.71% | 11.50% | 11.85% | 10.27% | 12.25% | 16.81% |
| Operating Income | 148.61M | 148.97M | 93.71M | 54.24M | 47.24M | 50.15M | 42.91M | 41.98M | 32.85M | 16.62M | -5.20M | -944.00K | 645.00K | 7.26M | -79.01M | -29.65M | 27.16M | 22.37M | 6.63M | 15.29M | -5.95M | 11.38M | 3.64M | 8.79M | 3.60M | -2.60M | 1.80M | -4.60M | 10.60M | 25.50M | 22.10M | 20.10M | 17.00M | 12.80M | 19.00M | 16.40M |
| Operating Income Ratio | 17.77% | 19.04% | 14.95% | 13.71% | 13.02% | 13.33% | 12.35% | 13.19% | 10.03% | 5.30% | -1.61% | -0.28% | 0.26% | 3.59% | -28.63% | -7.55% | 7.38% | 6.94% | 2.41% | 5.65% | -3.10% | 5.30% | 1.59% | 3.79% | 1.67% | -1.16% | 0.80% | -2.36% | 5.88% | 13.71% | 13.53% | 8.85% | 8.76% | 6.96% | 9.91% | 13.13% |
| Total Other Income/Expenses | -6.87M | -8.79M | -5.27M | -1.64M | -1.31M | -1.17M | 9.85M | 2.74M | 5.57M | 9.32M | -1.32M | 2.89M | 1.47M | -1.89M | -3.29M | -2.90M | 6.06M | 5.32M | -1.35M | 362.00K | 362.00K | 14.48M | -1.01M | -4.40M | 4.48M | 4.70M | -1.10M | 4.80M | -1.00M | -5.00M | 3.50M | 1.20M | 4.30M | 4.60M | -5.90M | 4.10M |
| Income Before Tax | 141.75M | 140.17M | 121.10M | 52.60M | 45.94M | 48.98M | 52.76M | 44.72M | 38.42M | 25.94M | -6.52M | 1.94M | -1.25M | 3.97M | -81.91M | -23.59M | 27.69M | 21.03M | 6.13M | 15.65M | 8.52M | 10.37M | 4.40M | 8.08M | 2.10M | -3.70M | 200.00K | -5.60M | 5.60M | 25.60M | 22.90M | 21.30M | 17.40M | 13.10M | 20.50M | 15.90M |
| Income Before Tax Ratio | 16.94% | 17.92% | 19.32% | 13.30% | 12.66% | 13.02% | 15.18% | 14.05% | 11.73% | 8.28% | -2.02% | 0.58% | -0.50% | 1.97% | -29.68% | -6.00% | 7.52% | 6.52% | 2.23% | 5.78% | 4.43% | 4.83% | 1.92% | 3.49% | 0.97% | -1.66% | 0.09% | -2.88% | 3.11% | 13.76% | 14.01% | 9.38% | 8.96% | 7.12% | 10.69% | 12.73% |
| Income Tax Expense | 34.62M | 31.30M | 30.28M | 12.26M | 7.14M | 11.70M | 10.94M | 13.53M | 12.23M | 2.27M | -714.00K | 318.00K | 68.00K | -4.77M | -12.79M | -11.85M | 9.99M | 7.03M | 2.12M | 6.18M | 3.37M | 4.11M | 1.74M | 3.19M | 800.00K | -1.50M | 100.00K | -2.20M | 2.30M | 9.70M | 8.30M | 7.80M | 6.30M | 4.70M | 7.40M | 5.80M |
| Net Income | 107.48M | 109.46M | 91.31M | 40.35M | 38.79M | 37.28M | 41.82M | 31.18M | 26.19M | 23.68M | -4.93M | 1.62M | -1.31M | 8.74M | -69.12M | -11.74M | 17.70M | 14.00M | 4.00M | 9.47M | 5.15M | 6.26M | 2.66M | 4.89M | 1.30M | -2.20M | 100.00K | -3.40M | 3.30M | 15.90M | 16.20M | 13.50M | 11.10M | 8.40M | 13.10M | 10.10M |
| Net Income Ratio | 12.85% | 13.99% | 14.57% | 10.20% | 10.69% | 9.91% | 12.04% | 9.80% | 7.99% | 7.55% | -1.52% | 0.49% | -0.53% | 4.33% | -25.05% | -2.99% | 4.81% | 4.34% | 1.46% | 3.50% | 2.68% | 2.92% | 1.16% | 2.11% | 0.60% | -0.99% | 0.04% | -1.75% | 1.83% | 8.55% | 9.91% | 5.95% | 5.72% | 4.57% | 6.83% | 8.09% |
| EPS | 4.82 | 4.94 | 4.37 | 2.37 | 2.27 | 2.21 | 2.44 | 1.82 | 1.48 | 1.32 | -0.29 | 0.09 | -0.08 | 0.52 | -4.17 | -0.71 | 1.08 | 0.87 | 0.25 | 0.61 | 0.33 | 0.38 | 0.16 | 0.27 | 0.07 | -0.11 | 0.01 | -0.18 | 0.17 | 0.81 | 0.83 | 0.69 | 0.57 | 0.42 | 0.69 | 0.58 |
| EPS Diluted | 4.80 | 4.92 | 4.32 | 2.37 | 2.27 | 2.21 | 2.44 | 1.82 | 1.48 | 1.32 | -0.29 | 0.09 | -0.08 | 0.51 | -4.17 | -0.70 | 1.05 | 0.83 | 0.24 | 0.59 | 0.33 | 0.38 | 0.16 | 0.24 | 0.07 | -0.11 | 0.00 | -0.18 | 0.17 | 0.81 | 0.83 | 0.69 | 0.57 | 0.42 | 0.69 | 0.58 |
| Weighted Avg Shares Out | 22.06M | 22.00M | 20.72M | 16.94M | 17.01M | 16.87M | 16.75M | 16.64M | 17.12M | 17.31M | 17.07M | 16.95M | 16.73M | 16.66M | 16.59M | 16.54M | 16.39M | 16.11M | 15.98M | 15.52M | 15.62M | 16.26M | 16.63M | 18.11M | 20.00M | 19.13M | 20.00M | 19.43M | 19.41M | 19.63M | 19.52M | 19.57M | 19.47M | 19.76M | 18.85M | 17.57M |
| Weighted Avg Shares Out (Dil) | 22.17M | 22.05M | 20.98M | 16.94M | 17.01M | 16.87M | 16.75M | 16.64M | 17.12M | 17.31M | 17.07M | 16.95M | 16.73M | 17.08M | 16.59M | 16.77M | 16.86M | 16.86M | 16.36M | 16.05M | 15.62M | 16.30M | 16.63M | 20.00M | 20.00M | 20.00M | 22.50M | 19.43M | 19.63M | 19.63M | 19.52M | 19.57M | 19.47M | 19.76M | 18.85M | 17.57M |
MGP Ingredients, Inc. (MGPI) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates
NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of MGP Ingredients, Inc. ("MGP Ingredients, Inc.") (NASDAQ:MGPI) concerning possible violations of federal securities laws. MGP Ingredients announced on...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MGP Ingredients, Inc. - MGPI
NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Pomerantz LLP is investigating claims on behalf of investors of MGP Ingredients, Inc. ("MGP" or the "Company") (NASDAQ:MGPI). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980,...
MGPI ALERT - Levi & Korsinsky Has Commenced an Investigation on Behalf of MGP Ingredients, Inc. Shareholders Who Lost Money
NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of MGP Ingredients, Inc. ("MGP Ingredients, Inc.") (NASDAQ:MGPI) concerning possible violations of federal securities laws. MGP Ingredients announced on...
MGP Ingredients, Inc. (MGPI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation
NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of MGP Ingredients, Inc. ("MGP Ingredients" or "the Company") (NASDAQ:MGPI). Investors who purchased MGP Ingredients securities are...
MGP Ingredients Q3 Earnings Beat, Growth Strategies Set in Motion
MGPI registers a year-over-year decline in sales and earnings for Q3. However, ongoing investments in the brand portfolio are expected to drive long-term growth.
Investors who lost money on MGP Ingredients, Inc. should contact Levi & Korsinsky about an ongoing investigation - MGPI
NEW YORK, NY / ACCESSWIRE / November 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of MGP Ingredients, Inc. ("MGP Ingredients, Inc.") (NASDAQ:MGPI) concerning possible violations of federal securities laws. MGP Ingredients announced on...
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against MGP Ingredients, Inc. (MGPI) and Encourages Stockholders to Learn More About the Investigation
NEW YORK, NY / ACCESSWIRE / November 3, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of MGP Ingredients, Inc. ("MGP Ingredients" or "the Company") (NASDAQ:MGPI). Investors who purchased MGP Ingredients securities are...
Shareholder Rights Advocates at Levi & Korsinsky Investigate MGP Ingredients, Inc. (MGPI) Regarding Possible Securities Fraud Violations
NEW YORK, NY / ACCESSWIRE / November 2, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of MGP Ingredients, Inc. ("MGP Ingredients, Inc.") (NASDAQ:MGPI) concerning possible violations of federal securities laws. MGP Ingredients announced on...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MGP Ingredients, Inc. - MGPI
NEW YORK , Nov. 2, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of MGP Ingredients, Inc. ("MGP" or the "Company") (NASDAQ: MGPI). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
MGP Ingredients, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - MGPI
NEW YORK, NY / ACCESSWIRE / November 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of MGP Ingredients, Inc. ("MGP Ingredients, Inc.") (NASDAQ:MGPI) concerning possible violations of federal securities laws. MGP Ingredients announced on...
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