Mgp Ingredients Inc Financials
This page shows Mgp Ingredients Inc (MGPI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Mgp Ingredients Inc has an operating margin of -17.6%, meaning the company retains $-18 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 10.6% the prior year.
Mgp Ingredients Inc's revenue declined 23.8% year-over-year, from $703.6M to $536.4M. This contraction results in a growth score of 0/100.
Mgp Ingredients Inc carries a low D/E ratio of 0.36, meaning only $0.36 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.61, Mgp Ingredients Inc holds $2.61 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 85/100.
Mgp Ingredients Inc converts 14.2% of revenue into free cash flow ($76.0M). This strong cash generation earns a score of 71/100.
Mgp Ingredients Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Mgp Ingredients Inc generates $-1.13 in operating cash flow ($121.5M OCF vs -$107.8M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Mgp Ingredients Inc earns $-13.4 in operating income for every $1 of interest expense (-$94.6M vs $7.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Mgp Ingredients Inc generated $536.4M in revenue in fiscal year 2025. This represents a decrease of 23.8% from the prior year.
Mgp Ingredients Inc's EBITDA was -$70.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 173.2% from the prior year.
Mgp Ingredients Inc generated $76.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 144.5% from the prior year.
Mgp Ingredients Inc reported -$107.8M in net income in fiscal year 2025. This represents a decrease of 411.0% from the prior year.
Mgp Ingredients Inc earned $-4.99 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 419.9% from the prior year.
Mgp Ingredients Inc held $18.5M in cash against $260.1M in long-term debt as of fiscal year 2025.
Mgp Ingredients Inc paid $0.48 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Mgp Ingredients Inc had 21M shares outstanding in fiscal year 2025. This represents an increase of 0.8% from the prior year.
Mgp Ingredients Inc's gross margin was 37.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 3.5 percentage points from the prior year.
Mgp Ingredients Inc's operating margin was -17.6% in fiscal year 2025, reflecting core business profitability. This is down 28.2 percentage points from the prior year.
Mgp Ingredients Inc's net profit margin was -20.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 25.0 percentage points from the prior year.
Mgp Ingredients Inc spent $1.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 97.9% from the prior year.
Mgp Ingredients Inc invested $45.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 36.1% from the prior year.
MGPI Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $130.9M-10.0% | $145.5M+19.6% | $121.7M-32.7% | $180.8M+12.0% | $161.5M-15.4% | $190.8M+11.9% | $170.6M-20.6% | $214.9M |
| Cost of Revenue | $81.5M-6.5% | $87.1M+11.2% | $78.3M-26.3% | $106.3M+11.2% | $95.6M-11.1% | $107.6M-0.2% | $107.8M-16.9% | $129.7M |
| Gross Profit | $49.4M-15.3% | $58.4M+34.7% | $43.3M-41.8% | $74.5M+13.2% | $65.8M-20.9% | $83.2M+32.5% | $62.8M-26.2% | $85.1M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $18.9M-18.3% | $23.2M+9.2% | $21.2M+3.7% | $20.4M+18.9% | $17.2M-24.4% | $22.8M+8.5% | $21.0M-18.6% | $25.8M |
| Operating Income | $21.0M+3.4% | $20.3M+2819.9% | -$747K+97.5% | -$30.4M-193.5% | $32.6M-24.9% | $43.4M+50.0% | $28.9M-32.9% | $43.1M |
| Interest Expense | $199K-8.7% | $218K+10.1% | $198K-46.2% | $368K+1.1% | $364K+13.4% | $321K+27.4% | $252K+0.8% | $250K |
| Income Tax | $4.3M-0.7% | $4.3M+542.0% | $671K-93.3% | $10.1M+33.1% | $7.6M-25.3% | $10.1M+61.4% | $6.3M-36.0% | $9.8M |
| Net Income | $15.4M+6.9% | $14.4M+577.1% | -$3.0M+92.8% | -$42.0M-275.5% | $23.9M-25.5% | $32.1M+55.5% | $20.6M-33.6% | $31.1M |
| EPS (Diluted) | $0.71+6.0% | $0.67+578.6% | $-0.14+92.5% | $-1.86-273.8% | $1.07-25.2% | $1.43+55.4% | $0.92-33.8% | $1.39 |
MGPI Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.4B-0.7% | $1.4B+0.6% | $1.4B-2.0% | $1.4B-2.4% | $1.4B+0.5% | $1.4B+3.2% | $1.4B-0.1% | $1.4B |
| Current Assets | $510.8M-1.8% | $520.2M+0.7% | $516.7M-5.4% | $546.1M+2.7% | $532.0M-2.6% | $546.4M+7.8% | $506.9M-1.4% | $514.3M |
| Cash & Equivalents | $13.4M-22.4% | $17.3M-13.9% | $20.1M-20.4% | $25.3M+21.7% | $20.8M-1.1% | $21.0M+7.8% | $19.5M+6.0% | $18.4M |
| Inventory | $47.7M+6.6% | $44.8M-0.7% | $45.1M+2.6% | $44.0M-13.3% | $50.7M+5.3% | $48.1M-10.0% | $53.5M-3.6% | $55.5M |
| Accounts Receivable | $106.7M-9.0% | $117.2M+8.7% | $107.8M-27.4% | $148.5M+13.8% | $130.4M-18.0% | $159.0M+19.6% | $133.0M-7.8% | $144.3M |
| Goodwill | $247.8M0.0% | $247.8M0.0% | $247.8M0.0% | $247.8M-22.9% | $321.5M0.0% | $321.5M0.0% | $321.5M0.0% | $321.5M |
| Total Liabilities | $523.5M-4.1% | $545.9M-1.0% | $551.5M-3.8% | $573.2M+8.6% | $527.7M-2.5% | $541.2M+3.1% | $524.7M-3.4% | $543.3M |
| Current Liabilities | $183.9M+3.0% | $178.6M-2.0% | $182.3M+97.2% | $92.5M+12.3% | $82.3M-2.9% | $84.8M+5.6% | $80.3M-29.7% | $114.1M |
| Long-Term Debt | $262.3M-9.8% | $290.7M0.0% | $290.7M-11.8% | $329.4M+16.2% | $283.6M-6.4% | $303.0M+2.9% | $294.4M+0.2% | $293.9M |
| Total Equity | $855.2M+1.6% | $841.8M+1.6% | $828.3M-0.7% | $834.2M-8.8% | $914.5M+2.2% | $894.5M+3.2% | $867.0M+1.9% | $850.5M |
| Retained Earnings | $583.0M+2.2% | $570.2M+2.1% | $558.3M-1.0% | $563.9M-7.3% | $608.5M+3.6% | $587.3M+5.3% | $557.8M+3.3% | $539.9M |
MGPI Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $36.1M+209.2% | $11.7M-73.9% | $44.7M+55.3% | $28.8M-34.5% | $43.9M+785.9% | $5.0M-79.9% | $24.6M-30.0% | $35.2M |
| Capital Expenditures | $8.5M-30.4% | $12.2M-38.6% | $19.9M+8.7% | $18.3M-5.8% | $19.5M+205.3% | $6.4M-76.4% | $27.0M+104.7% | $13.2M |
| Free Cash Flow | $27.6M+5050.4% | -$557K-102.2% | $24.8M+137.3% | $10.4M-57.4% | $24.5M+1833.5% | -$1.4M+41.2% | -$2.4M-110.9% | $22.0M |
| Investing Cash Flow | -$8.5M+30.4% | -$12.2M+38.6% | -$19.9M-8.1% | -$18.4M+5.3% | -$19.5M-204.6% | -$6.4M+76.6% | -$27.3M-117.2% | -$12.6M |
| Financing Cash Flow | -$31.2M-979.0% | -$2.9M+90.4% | -$30.2M-425.0% | -$5.8M+76.8% | -$24.8M-938.5% | $3.0M-21.6% | $3.8M+111.7% | -$32.3M |
| Dividends Paid | $2.6M+0.2% | $2.6M0.0% | $2.6M-1.5% | $2.6M-1.9% | $2.7M0.0% | $2.7M-0.1% | $2.7M+0.1% | $2.7M |
| Share Buybacks | $0 | $0-100.0% | $1.0M-97.2% | $36.5M+1361.5% | $2.5M-9.9% | $2.8M-60.1% | $7.0M | $0 |
MGPI Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.8%-2.4pp | 40.1%+4.5pp | 35.6%-5.6pp | 41.2%+0.4pp | 40.8%-2.9pp | 43.6%+6.8pp | 36.8%-2.8pp | 39.6% |
| Operating Margin | 16.1%+2.1pp | 14.0%+14.6pp | -0.6%+16.2pp | -16.8%-37.0pp | 20.2%-2.6pp | 22.7%+5.8pp | 17.0%-3.1pp | 20.0% |
| Net Margin | 11.8%+1.9pp | 9.9%+12.4pp | -2.5%+20.7pp | -23.2%-38.0pp | 14.8%-2.0pp | 16.8%+4.7pp | 12.1%-2.4pp | 14.5% |
| Return on Equity | 1.8%+0.1pp | 1.7%-3.9pp | 5.6%0.0pp | 5.6%+3.0pp | 2.6%-1.0pp | 3.6%+1.2pp | 2.4%-1.3pp | 3.6% |
| Return on Assets | 1.1%+0.1pp | 1.0%+1.3pp | -0.2%+2.8pp | -3.0%-4.6pp | 1.7%-0.6pp | 2.2%+0.8pp | 1.5%-0.8pp | 2.2% |
| Current Ratio | 2.78-0.1 | 2.91+0.1 | 2.83-3.1 | 5.91-0.6 | 6.46+0.0 | 6.44+0.1 | 6.32+1.8 | 4.51 |
| Debt-to-Equity | 0.31-0.0 | 0.350.0 | 0.35-0.0 | 0.39+0.1 | 0.31-0.0 | 0.340.0 | 0.340.0 | 0.35 |
| FCF Margin | 21.1%+21.4pp | -0.4%-20.7pp | 20.3%+14.6pp | 5.8%-9.4pp | 15.2%+15.9pp | -0.7%+0.7pp | -1.4%-11.6pp | 10.2% |
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Frequently Asked Questions
What is Mgp Ingredients Inc's annual revenue?
Mgp Ingredients Inc (MGPI) reported $536.4M in total revenue for fiscal year 2025. This represents a -23.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Mgp Ingredients Inc's revenue growing?
Mgp Ingredients Inc (MGPI) revenue declined by 23.8% year-over-year, from $703.6M to $536.4M in fiscal year 2025.
Is Mgp Ingredients Inc profitable?
No, Mgp Ingredients Inc (MGPI) reported a net income of -$107.8M in fiscal year 2025, with a net profit margin of -20.1%.
What is Mgp Ingredients Inc's earnings per share (EPS)?
Mgp Ingredients Inc (MGPI) reported diluted earnings per share of $-4.99 for fiscal year 2025. This represents a -419.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Mgp Ingredients Inc's EBITDA?
Mgp Ingredients Inc (MGPI) had EBITDA of -$70.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Mgp Ingredients Inc have?
As of fiscal year 2025, Mgp Ingredients Inc (MGPI) had $18.5M in cash and equivalents against $260.1M in long-term debt.
What is Mgp Ingredients Inc's gross margin?
Mgp Ingredients Inc (MGPI) had a gross margin of 37.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Mgp Ingredients Inc's operating margin?
Mgp Ingredients Inc (MGPI) had an operating margin of -17.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Mgp Ingredients Inc's net profit margin?
Mgp Ingredients Inc (MGPI) had a net profit margin of -20.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Mgp Ingredients Inc pay dividends?
Yes, Mgp Ingredients Inc (MGPI) paid $0.48 per share in dividends during fiscal year 2025.
What is Mgp Ingredients Inc's free cash flow?
Mgp Ingredients Inc (MGPI) generated $76.0M in free cash flow during fiscal year 2025. This represents a 144.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Mgp Ingredients Inc's operating cash flow?
Mgp Ingredients Inc (MGPI) generated $121.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Mgp Ingredients Inc's total assets?
Mgp Ingredients Inc (MGPI) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Mgp Ingredients Inc's capital expenditures?
Mgp Ingredients Inc (MGPI) invested $45.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Does Mgp Ingredients Inc buy back shares?
Yes, Mgp Ingredients Inc (MGPI) spent $1.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
How many shares does Mgp Ingredients Inc have outstanding?
Mgp Ingredients Inc (MGPI) had 21M shares outstanding as of fiscal year 2025.
What is Mgp Ingredients Inc's current ratio?
Mgp Ingredients Inc (MGPI) had a current ratio of 2.61 as of fiscal year 2025, which is generally considered healthy.
What is Mgp Ingredients Inc's debt-to-equity ratio?
Mgp Ingredients Inc (MGPI) had a debt-to-equity ratio of 0.36 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Mgp Ingredients Inc's return on assets (ROA)?
Mgp Ingredients Inc (MGPI) had a return on assets of -8.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Mgp Ingredients Inc's Piotroski F-Score?
Mgp Ingredients Inc (MGPI) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Mgp Ingredients Inc's earnings high quality?
Mgp Ingredients Inc (MGPI) has an earnings quality ratio of -1.13x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Mgp Ingredients Inc cover its interest payments?
Mgp Ingredients Inc (MGPI) has an interest coverage ratio of -13.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Mgp Ingredients Inc?
Mgp Ingredients Inc (MGPI) scores 51 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.