MGPI · Mgp Ingredients Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $106.43M | - | $130.91M | $145.49M | $121.65M | - | $161.46M | $190.81M | $170.56M | - |
| Cost of Revenue | $72.84M | - | $81.48M | $87.11M | $78.32M | - | $95.65M | $107.57M | $107.77M | - |
| Gross Profit | $33.58M | - | $49.43M | $58.39M | $43.33M | - | $65.81M | $83.23M | $62.80M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $21.07M | - | $18.93M | $23.16M | $21.20M | - | $17.20M | $22.76M | $20.98M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $6.26M | - | $6.19M | $5.83M | $5.81M | - | $5.68M | $5.33M | $5.29M | - |
| Operating Income | ($173.20M) | - | $21.02M | $20.32M | ($747.0K) | - | $32.56M | $43.39M | $28.92M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($39.87M) | - | $4.28M | $4.31M | $671.0K | - | $7.55M | $10.11M | $6.26M | - |
| Net Income | ($134.80M) | - | $15.42M | $14.43M | ($3.02M) | - | $23.91M | $32.09M | $20.64M | - |
| EPS - Basic | ($6.30) | - | $0.71 | $0.67 | ($0.14) | - | $1.07 | $1.43 | $0.92 | - |
| EPS - Diluted | ($6.30) | - | $0.71 | $0.67 | ($0.14) | - | $1.07 | $1.43 | $0.92 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $10.36M | $18.46M | $13.45M | $17.32M | $20.11M | $25.27M | $20.77M | $21.01M | $19.50M | $18.39M |
| Accounts Receivable | $86.64M | $116.16M | $106.67M | $117.19M | $107.83M | $148.49M | $130.44M | $159.02M | $133.00M | $144.29M |
| Inventory | $403.11M | $382.74M | $384.52M | $379.70M | $378.24M | $364.94M | $372.15M | $358.57M | $348.93M | $346.85M |
| Accounts Payable | $49.75M | $54.59M | $42.70M | $41.93M | $54.40M | $66.34M | $53.72M | $56.06M | $49.56M | $73.59M |
| Current Assets | $506.05M | $522.71M | $510.77M | $520.24M | $516.73M | $546.14M | $532.01M | $546.40M | $506.92M | $514.30M |
| Total Assets | $1.03B | $1.24B | $1.38B | $1.39B | $1.38B | $1.41B | $1.44B | $1.43B | $1.39B | $1.39B |
| Current Liabilities | $184.99M | $200.05M | $183.93M | $178.61M | $182.34M | $92.45M | $82.34M | $84.79M | $80.26M | $114.11M |
| Long-term Debt | - | $260.05M | - | - | - | $329.45M | - | - | - | $293.85M |
| Total Liabilities | $451.66M | $519.07M | $523.49M | $545.93M | $551.51M | $573.24M | $527.73M | $541.18M | $524.74M | $543.28M |
| Stockholders' Equity | $581.29M | $718.44M | $855.19M | $841.78M | $828.35M | $834.17M | $914.47M | $894.46M | $867.02M | $850.49M |
| Retained Earnings | $308.31M | $445.74M | $582.97M | $570.15M | $558.33M | $563.93M | $608.50M | $587.26M | $557.85M | $539.88M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $6.96M | - | - | - | $44.68M | - | - | - | $24.62M | - |
| Investing Cash Flow | ($3.77M) | - | - | - | ($19.93M) | - | - | - | ($27.27M) | - |
| Financing Cash Flow | ($11.08M) | - | - | - | ($30.21M) | - | - | - | $3.77M | - |
| CapEx | $5.72M | - | - | - | $19.93M | - | - | - | $27.03M | - |
| Free Cash Flow | $1.23M | - | - | - | $24.76M | - | - | - | ($2.40M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 31.6% | - | 37.8% | 40.1% | 35.6% | - | 40.8% | 43.6% | 36.8% | - |
| Operating margin | -162.7% | - | 16.1% | 14.0% | -0.6% | - | 20.2% | 22.7% | 17.0% | - |
| EBITDA margin | -156.9% | - | 20.8% | 18.0% | 4.2% | - | 23.7% | 25.5% | 20.1% | - |
| Net margin | -126.7% | - | 11.8% | 9.9% | -2.5% | - | 14.8% | 16.8% | 12.1% | - |
| Free cash flow margin | 1.2% | - | - | - | 20.4% | - | - | - | -1.4% | - |
| FCF / Net income | -0.01 | - | - | - | -8.19 | - | - | - | -0.12 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 19.8% | - | 14.5% | 15.9% | 17.4% | - | 10.7% | 11.9% | 12.3% | - |
| Effective tax rate | - | - | 21.7% | 23.0% | - | - | 24.0% | 24.0% | 23.3% | - |
| Return on assets | -13.1% | - | 1.1% | 1.0% | -0.2% | - | 1.7% | 2.2% | 1.5% | - |
| Return on equity | -23.2% | - | 1.8% | 1.7% | -0.4% | - | 2.6% | 3.6% | 2.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.74 | 2.61 | 2.78 | 2.91 | 2.83 | 5.91 | 6.46 | 6.44 | 6.32 | 4.51 |
| Quick ratio | 0.56 | 0.70 | 0.69 | 0.79 | 0.76 | 1.96 | 1.94 | 2.22 | 1.97 | 1.47 |
| Cash ratio | 0.06 | 0.09 | 0.07 | 0.10 | 0.11 | 0.27 | 0.25 | 0.25 | 0.24 | 0.16 |
| Leverage | ||||||||||
| Debt / Equity | - | 0.36 | - | - | - | 0.39 | - | - | - | 0.35 |
| Debt / Assets | - | 0.21 | - | - | - | 0.23 | - | - | - | 0.21 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.77 | 1.72 | 1.61 | 1.65 | 1.66 | 1.69 | 1.58 | 1.60 | 1.60 | 1.64 |
| Liabilities / Assets | 0.44 | 0.42 | 0.38 | 0.39 | 0.40 | 0.41 | 0.37 | 0.38 | 0.38 | 0.39 |
| Efficiency | ||||||||||
| Asset turnover | 0.10 | - | 0.10 | 0.10 | 0.09 | - | 0.11 | 0.13 | 0.12 | - |
| Inventory turnover | 0.18 | - | 0.21 | 0.23 | 0.21 | - | 0.26 | 0.30 | 0.31 | - |
| Days sales outstanding | 297d | - | 297d | 294d | 324d | - | 295d | 304d | 285d | - |
| Days inventory outstanding | 2020d | - | 1723d | 1591d | 1763d | - | 1420d | 1217d | 1182d | - |
| Days payable outstanding | 249d | - | 191d | 176d | 254d | - | 205d | 190d | 168d | - |
| Cash conversion cycle | 2068d | - | 1829d | 1709d | 1833d | - | 1510d | 1331d | 1299d | - |
| Valuation | ||||||||||
| P / E | - | - | 34.1x | 44.7x | - | - | 77.8x | 52.0x | 93.6x | - |
| P / B | 0.7x | - | 0.6x | 0.8x | 0.8x | - | 2.0x | 1.8x | 2.2x | - |
| P / S | 3.7x | - | 3.9x | 4.4x | 5.2x | - | 11.4x | 8.6x | 11.2x | - |
| EV / EBITDA | - | - | 18.5x | 23.8x | 119.9x | - | 47.5x | 33.3x | 55.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -12.5% | - | -18.9% | -23.7% | -28.7% | - | -23.7% | -8.7% | -15.1% | - |
| Revenue CAGR (3y) | -19.1% | - | -13.3% | -9.3% | -14.6% | - | -2.9% | 2.9% | 16.3% | - |
| Revenue CAGR (5y) | -0.4% | - | 4.9% | 9.5% | 4.2% | - | 12.2% | 16.1% | 13.9% | - |
| Gross profit growth (YoY) | -22.5% | - | -24.9% | -29.9% | -31.0% | - | -10.4% | 9.1% | -10.1% | - |
| Operating income growth (YoY) | -23086.2% | - | -35.5% | -53.2% | - | - | 64.1% | -1.7% | -30.4% | - |
| Net income growth (YoY) | -4357.8% | - | -35.5% | -55.0% | - | - | 80.9% | -0.1% | -33.6% | - |
| EPS growth (YoY) | -4400.0% | - | -33.6% | -53.1% | - | - | 84.5% | -0.7% | -33.8% | - |
| EPS CAGR (3y) | - | - | -12.5% | -16.5% | - | - | -0.3% | 41.9% | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -95.0% | - | - | - | - | - | - | - | 78.6% | - |
| FCF CAGR (5y) | -24.2% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -29.8% | -13.9% | -6.5% | -5.9% | -4.5% | -1.9% | 11.6% | 10.6% | 11.6% | 13.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$536.38M totalBranded Spirits$232.94M · 43.4%
Distilling Solutions$181.40M · 33.8%
Ingredient Solutions$122.03M · 22.8%
Product / service
$536.38M totalBrown Goods$128.45M · 23.9%
Premium Plus$116.73M · 21.8%
Specialty Wheat Starches$68.12M · 12.7%
Mid Spirits$59.49M · 11.1%
Specialty Wheat Proteins$39.91M · 7.4%
Value Spirits$32.61M · 6.1%
Warehouse Services$32.39M · 6.0%
Other Branded Spirits$24.12M · 4.5%
White Goods And Other Co Products$20.56M · 3.8%
Commodity Wheat Starch$10.37M · 1.9%
Commodity Wheat Protein$3.11M · 0.6%
Biofuel And Other$515.0K · 0.1%
Geographic
$36.50M totalNon Us$36.50M · 100.0%
Dividends
$0.48/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 15, 2026 | $0.1200 |
| Mar 13, 2026 | $0.1200 |
| Nov 14, 2025 | $0.1200 |
| Aug 15, 2025 | $0.1200 |
| May 16, 2025 | $0.1200 |
| Mar 14, 2025 | $0.1200 |
| Nov 15, 2024 | $0.1200 |
| Aug 16, 2024 | $0.1200 |
| May 16, 2024 | $0.1200 |
| Mar 14, 2024 | $0.1200 |
| Nov 16, 2023 | $0.1200 |
| Aug 17, 2023 | $0.1200 |
| May 18, 2023 | $0.1200 |
| Mar 9, 2023 | $0.1200 |
| Nov 17, 2022 | $0.1200 |
| Aug 18, 2022 | $0.1200 |
| May 19, 2022 | $0.1200 |
| Mar 10, 2022 | $0.1200 |
| Nov 18, 2021 | $0.1200 |
| Aug 19, 2021 | $0.1200 |
| May 20, 2021 | $0.1200 |
| Mar 11, 2021 | $0.1200 |
| Nov 19, 2020 | $0.1200 |
| Aug 20, 2020 | $0.1200 |