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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 |
Bronstein, Gewirtz & Grossman, LLC Encourages MGP Ingredients, Inc. (MGPI) Investors to Inquire about Securities Investigation
NEW YORK, NY / ACCESSWIRE / November 1, 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...
ATTENTION MGP Ingredients, Inc. Investors: You May Have Been Affected by Fraud - Contact Levi & Korsinsky to Discuss Your Rights
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...
MGPI Investigation: Kessler Topaz Meltzer & Check, LLP Encourages MGP Ingredients, Inc. (NASDAQ: MGPI) Investors with Significant Losses to Contact the Firm
RADNOR, PA / ACCESSWIRE / November 1, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of MGP Ingredients, Inc. (NASDAQ:MGPI) ("MGP...
MGP Ingredients, Inc. (MGPI) Q3 2024 Earnings Call Transcript
MGP Ingredients, Inc. (NASDAQ:MGPI ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Amit Sharma - VP, IR David Bratcher - CEO & President Brandon Gall - VP, Finance & CFO Conference Call Participants Bill...
Did MGP Ingredients, Inc. Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - MGPI
NEW YORK, NY / ACCESSWIRE / October 31, 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 Initiates an Investigation into Allegations Against MGP Ingredients, Inc. (MGPI) And Encourages Investors to Reach Out
NEW YORK, NY / ACCESSWIRE / October 31, 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, Inc. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - MGPI
NEW YORK, NY / ACCESSWIRE / October 31, 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...
MGPI ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by MGP Ingredients, Inc.
NEW YORK, NY / ACCESSWIRE / October 31, 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 / October 31, 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,...
MGP (MGPI) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for MGP (MGPI) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates...
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