MGP Ingredients (MGPI) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
703.6M
Gross Profit
286.3M
40.69%
Operating Income
164.4M
23.37%
Net Income
34.5M
4.90%
EPS (Diluted)
$1.56
Balance Sheet Metrics
Total Assets
1.4B
Total Liabilities
573.2M
Shareholders Equity
832.5M
Debt to Equity
0.69
Cash Flow Metrics
Operating Cash Flow
42.6M
Free Cash Flow
31.1M
Revenue & Profitability Trend
MGP Ingredients Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 703.6M | 836.5M | 782.4M | 626.7M | 395.5M |
| Cost of Goods Sold | 417.3M | 531.8M | 529.1M | 427.8M | 296.7M |
| Gross Profit | 286.3M | 304.7M | 253.3M | 199.0M | 98.8M |
| Operating Expenses | 121.9M | 129.6M | 104.3M | 88.9M | 44.6M |
| Operating Income | 164.4M | 175.1M | 149.0M | 110.0M | 54.2M |
| Pre-tax Income | 68.4M | 141.7M | 140.2M | 121.1M | 52.6M |
| Income Tax | 34.0M | 34.6M | 31.3M | 30.3M | 12.3M |
| Net Income | 34.5M | 107.1M | 108.9M | 90.8M | 40.3M |
| EPS (Diluted) | $1.56 | $4.80 | $4.92 | $4.34 | $2.37 |
Income Statement Trend
MGP Ingredients Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 546.1M | 514.3M | 454.2M | 367.1M | 222.3M |
| Non-Current Assets | 859.6M | 878.1M | 704.0M | 674.4M | 144.3M |
| Total Assets | 1.4B | 1.4B | 1.2B | 1.0B | 366.6M |
| Liabilities | |||||
| Current Liabilities | 92.4M | 114.1M | 105.4M | 88.8M | 53.3M |
| Non-Current Liabilities | 480.8M | 429.2M | 307.2M | 308.4M | 50.7M |
| Total Liabilities | 573.2M | 543.3M | 412.6M | 397.2M | 104.0M |
| Equity | |||||
| Total Shareholders Equity | 832.5M | 849.1M | 745.6M | 644.3M | 262.5M |
Balance Sheet Composition
MGP Ingredients Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 34.5M | 107.1M | 108.9M | 90.8M | 40.3M |
| Operating Cash Flow | 42.6M | 66.6M | 88.6M | 84.8M | 42.5M |
| Investing Activities | |||||
| Capital Expenditures | -71.2M | -55.3M | -45.3M | -47.4M | -16.8M |
| Investing Cash Flow | -71.6M | -159.2M | -47.8M | -182.6M | -19.6M |
| Financing Activities | |||||
| Dividends Paid | -10.6M | -10.7M | -10.6M | -10.0M | -8.2M |
| Financing Cash Flow | -23.8M | 3.9M | -14.8M | -148.0M | -70.3M |
| Free Cash Flow | 31.1M | 28.5M | 43.6M | 40.9M | 33.6M |
Cash Flow Trend
MGP Ingredients Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
58.94
Forward P/E
7.31
Price to Book
0.76
Price to Sales
0.96
PEG Ratio
7.31
Profitability Ratios
Profit Margin
1.68%
Operating Margin
11.47%
Return on Equity
1.28%
Return on Assets
6.56%
Financial Health
Current Ratio
2.83
Debt to Equity
37.48
Beta
0.31
Per Share Data
EPS (TTM)
$0.50
Book Value per Share
$38.94
Revenue per Share
$30.01
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| mgpi | 626.9M | 58.94 | 0.76 | 1.28% | 1.68% | 37.48 |
| Brown-Forman | 12.6B | 14.39 | 3.13 | 23.14% | 21.86% | 71.05 |
| Brown-Forman | 12.6B | 14.69 | 3.20 | 23.14% | 21.86% | 71.05 |
| Sundial Growers | 317.8M | -3.40 | 0.29 | -9.09% | -11.53% | 13.45 |
| Willamette Valley | 24.5M | - | 1.00 | -0.47% | -0.84% | 45.14 |
| Fresh Vine Wine | 9.8M | - | - | -181.36% | -1.95% | - |
Financial data is updated regularly. All figures are in the company's reporting currency.