MGP Ingredients Stock (NASDAQ:MGPI)


ForecastRevenueOwnershipFinancialsChartTranscripts

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$41.80

52W Range

$38.89 - $102.42

50D Avg

$52.77

200D Avg

$73.78

Market Cap

$878.13M

Avg Vol (3M)

$448.14K

Beta

0.65

Div Yield

$0.48 (1.20%)

MGPI Company Profile


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.

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Industry

Beverages - Wineries & Distilleries

Sector

Consumer Defensive

Exchange

NASDAQ

ADR

-

Country

US

Employees

705

IPO Date

Oct 21, 1988

Website

MGPI Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Branded Spirits$253.93M$237.94M$183.57M
Ingredient Solutions$131.74M$115.94M$90.65M
Distilling Solutions$450.85M$428.48M-
Distillery Products--$352.50M

Fiscal year ends in Dec 23 | Currency in USD

MGPI Financial Summary


Dec 23Dec 22Dec 21
Revenue$836.52M$782.36M$626.72M
Operating Income$148.61M$148.97M$93.71M
Net Income$107.47M$109.46M$91.31M
EBITDA$197.00M$167.08M$112.81M
Basic EPS$4.82$4.94$4.37
Diluted EPS$4.80$4.92$4.37

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Oct 31, 24 | 10:37 PM
Q2 24Aug 03, 24 | 6:05 PM
Q1 24May 02, 24 | 12:00 AM

Peer Comparison


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