MGPINasdaqWholesale-Beer, Wine & Distilled Alcoholic BeveragesFiscal year ends December 31
MGP INGREDIENTS INC
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 29, 2026
$15.02−0.10 (-0.66%)
Close on Oct 19, 2026
- Market cap
- $321.27M
- P/E (TTM)
- –
- Dividend yield
- 3.20%
Margins
Share of revenue, fiscal years 2010 to 2025
Gross margin
37.2%+12.2 pts over 5 years
Operating margin
-17.6%−31.4 pts over 5 years
Net margin
-20.1%−30.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -23.8% | -11.8% | +6.3% | +39.8% | |
| Gross profit | -30.4% | -7.7% | +15.1% | +13.0% | |
| Free cash flow | +144.5% | +20.4% | +17.8% | – | |
| Dividend per share | 0.0% | 0.0% | 0.0% | +23.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 23.8% | 16.3% | -13.9% | |
| Return on assets | 14.9% | 11.7% | -8.2% | |
| Current ratio | 3.00 | 4.17 | 2.61 | |
| Debt to equity | 0.25 | 0.15 | 0.35 | |
| Net debt to EBITDA | 0.65× | 0.27× | -3.32× | |
| Interest coverage | 32.4× | 23.9× | -13.4× | |
| Capex to revenue | 79.9% | 5.0% | 8.5% | |
| Diluted shares | 17M | 17M | 21M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Mgp Ingredients generated $484.79M from operations and spent $369.03M on capital expenditure, dividends and share buybacks. 72% of that went back into the business.
Generated
$484.79M
Used
$369.03M
Capital expenditure$264.65M72%Dividends$52.29M14%Share buybacks$52.09M14%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-20.1%
×Asset turnover0.41×
×Equity multiplier1.70×
=Return on equity, FY2025-13.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -20.1% | 0.41× | 1.70× | -13.9% |
| FY2024 | 4.9% | 0.50× | 1.66× | 4.1% |
| FY2023 | 12.8% | 0.66× | 1.60× | 13.5% |
| FY2022 | 14.0% | 0.71× | 1.58× | 15.7% |
| FY2021 | 14.6% | 0.89× | 1.55× | 20.1% |
| FY2020 | 10.2% | 1.15× | 1.40× | 16.3% |
| FY2019 | 10.7% | 1.21× | 1.39× | 17.9% |
| FY2018 | 9.9% | 1.45× | 1.40× | 20.1% |
| FY2017 | 12.0% | 1.49× | 1.48× | 26.6% |
| FY2016 | 139.1% | 0.11× | 1.60× | 23.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$107.81M
- Cash generatingOperating cash flow above zero$121.53M
- Return on assets improvedROA up on the prior year2.5% → -7.7%
- Earnings backed by cashOperating cash flow above net income$121.53M vs -$107.81M
- Less leverageLong-term debt to assets fell22.6% → 19.9%
- Better liquidityCurrent ratio rose5.91 → 2.61
- No dilutionShare count did not rise22M → 21M
- Gross margin improvedGross margin up on the prior year40.69% → 37.18%
- More efficientAsset turnover rose0.51 → 0.38