Mission Produce, Inc.
Description
Mission Produce, Inc. engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, distributors, and foodservice customers in the United States and internationally. The company operates through three segments, Marketing and Distribution; International Farming; and Blueberries. It also provides ripening, bagging, custom packing, logistical management, and quality assurance services. In addition, the company offers merchandising and promotional support, and insights on market trends, and training services. Mission Produce, Inc. was founded in 1983 and is headquartered in Oxnard, California.
About
CEO
Mr. Stephen J. Barnard
Employees
3,300
Instrument type
Common Stock
Sector
Consumer Defensive
Industry
Food Distribution
MIC code
XNGS
Address
2710 Camino Del Sol, Oxnard, CA 93030, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Dec 18, 2025 | — | — | — | — |
| Sep 8, 2025 | — | — | — | — |
| Jun 5, 2025 | — | — | — | — |
| Mar 10, 2025 | — | — | — | — |
| Dec 20, 2024 | — | 0.28 | — | — |
Earnings estimate
|
Current Quarter
(Jan 2025)
|
Next Quarter
(Apr 2025)
|
Current Year
(Oct 2025)
|
Next Year
(Oct 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 2 | 2 | 2 | 1 |
| Average estimate | 0.03 | 0.08 | 0.50 | 0.43 |
| Low estimate | 0.01 | 0.02 | 0.42 | 0.43 |
| High estimate | 0.04 | 0.13 | 0.57 | 0.43 |
| Last year EPS | 0.09 | 0.14 | 0.74 | 0.50 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Jan 2025)
-72.220%
Next qtr. (Apr 2025)
-46.430%
Current year (Oct 2025)
-33.110%
Next year (Oct 2026)
-13.130%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 |
| Total reported revenue | 1.23B | 953.90M | 1.05B | 891.70M | 862.30M |
| Cost of revenue | 1.08B | 870.60M | 956.10M | 767.20M | 737.70M |
| Gross profit | 152.50M | 83.30M | 89.80M | 124.50M | 124.60M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 86.80M | 76.40M | 77.50M | 63.60M | 56.20M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 65.70M | 6.90M | 12.30M | 60.90M | 68.40M |
| Non operating interest income | |||||
| Income | 2.10M | 1.50M | 1.70M | 1.70M | 2.40M |
| Expense | 12.60M | 11.60M | 5.50M | 3.70M | 6.70M |
| Other income expense | 5.20M | 2.30M | -39.70M | 7.10M | -20.30M |
| Pretax income | 60.40M | -900,000 | -31.20M | 66.00M | 43.80M |
| Tax provision | 18.60M | 2.20M | 3.70M | 21.10M | 15.00M |
| Net income | 41.80M | -3.10M | -34.90M | 44.90M | 28.80M |
| Basic EPS | 0.52 | -0.04 | -0.49 | 0.64 | 0.45 |
| Diluted EPS | 0.52 | -0.04 | -0.49 | 0.63 | 0.45 |
| Basic average shares | 70.58M | 70.00M | 71.22M | 70.58M | 63.63M |
| Diluted average shares | 70.58M | 70.00M | 71.22M | 70.58M | 63.63M |
| EBITDA | 109.20M | 45.20M | 43.90M | 91.00M | 92.70M |
| Net income from continuing op. | 41.80M | -3.10M | -34.90M | 44.90M | 28.80M |
| Minority interests | -5.10M | 300,000 | 300,000 | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 |
| Total assets | 971.50M | 914.80M | 879.50M | 873.40M | 777.30M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 58.00M | 42.90M | 52.80M | 84.50M | 124.00M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 95.40M | 74.10M | 62.90M | 73.80M | 57.50M |
| Other receivables | 15.30M | 12.40M | 2.90M | 12.30M | 13.40M |
| Inventory | 91.20M | 70.80M | 73.10M | 48.20M | 38.60M |
| Prepaid assets | 1.70M | 900,000 | 1.80M | 600,000 | 1.50M |
| Restricted cash | 1.30M | 300,000 | 1.10M | 6.10M | 1.40M |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 9.40M | 9.10M | 11.10M | 11.60M | 8.80M |
| Non current assets | |||||
| Properties | 315.90M | 308.20M | 266.50M | 221.10M | 50.20M |
| Land and improvements | 160.70M | 157.90M | 141.40M | 128.80M | 131.00M |
| Machinery furniture equipment | — | — | — | 177.20M | 150.70M |
| Construction in progress | 47.80M | 29.00M | 47.00M | 43.20M | 55.00M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -182.90M | -153.20M | -121.90M | -98.60M | -81.10M |
| Goodwill | 78.80M | 79.30M | 80.80M | 152.80M | 152.80M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | 500,000 | 2.00M | — | — |
| Investments and advances | 33.00M | 31.00M | 27.10M | 52.70M | 46.70M |
| Other non current assets | 145.50M | 157.30M | 129.80M | 90.00M | 72.70M |
| Total liabilities | 394.40M | 386.50M | 356.60M | 339.30M | 303.80M |
| Current liabilities | |||||
| Accounts payable | 85.60M | 53.60M | 58.70M | 45.00M | 39.30M |
| Accrued expenses | 17.80M | 13.60M | 13.70M | 11.10M | 9.90M |
| Short term debt | 15.90M | 15.90M | 11.90M | 13.50M | 8.60M |
| Deferred revenue | — | — | — | — | — |
| Tax payable | 7.70M | 1.60M | 1.10M | 2.90M | 2.60M |
| Pensions | 22.10M | 12.80M | 16.30M | 14.60M | 15.30M |
| Other current liabilities | — | — | — | 2.10M | 2.20M |
| Non current liabilities | |||||
| Long term debt | 201.40M | 236.80M | 203.20M | 199.80M | 170.00M |
| Provision for risks and charges | 4.80M | 6.80M | 3.70M | 3.50M | 3.80M |
| Deferred liabilities | 16.60M | 23.50M | 29.40M | 26.80M | 27.80M |
| Derivative product liabilities | — | — | — | 1.40M | 4.30M |
| Other non current liabilities | 20.30M | 20.50M | 17.40M | 17.00M | 16.80M |
| Shareholders equity | |||||
| Common stock | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| Retained earnings | 307.70M | 271.00M | 274.40M | 309.00M | 251.20M |
| Other shareholders equity | -200,000 | -900,000 | -1.70M | -500,000 | -500,000 |
| Total shareholders equity | 577.10M | 528.30M | 522.90M | 534.20M | 473.50M |
| Additional paid in capital | 239.70M | 233.40M | 229.30M | 225.60M | 222.80M |
| Treasury stock | — | — | — | — | — |
| Minority interest | 29.80M | 24.70M | 20.80M | — | — |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | 41.80M | -3.10M | -34.90M | 44.90M | 28.80M | 71.70M | 72.40M |
| Depreciation | 37.70M | 32.80M | 24.80M | 20.40M | 18.10M | 16.50M | 9.40M |
| Deferred Taxes | -8.00M | -6.40M | -600,000 | 8.80M | -1.00M | 600,000 | 6.30M |
| Stock-Based Compensation | 7.10M | 4.50M | 3.60M | 2.60M | 5.00M | — | — |
| Other Non-Cash Items | 5.90M | 6.20M | 3.70M | 4.50M | -2.30M | 200,000 | 1.10M |
| Accounts Receivable | -21.20M | -7.20M | 7.10M | -17.60M | 6.10M | 2.40M | 4.50M |
| Accounts Payable | 25.40M | -8.90M | 9.40M | 8.90M | 8.20M | 5.20M | -1.50M |
| Other Assets & Liabilities | -24.70M | 5.00M | -19.60M | -19.80M | 6.10M | -11.70M | 3.90M |
| Operating Cash Flow | 64.00M | 22.90M | -6.50M | 52.70M | 69.00M | 84.90M | 96.10M |
| Investing Activities | |||||||
| Capital Expenditures | -32.10M | -49.60M | -58.20M | -71.00M | -64.30M | -29.60M | -27.20M |
| Net Intangibles | — | — | — | — | — | — | — |
| Net Acquisitions | -1.60M | -2.10M | 3.90M | -200,000 | -3.40M | -1.90M | -31.60M |
| Purchase of Investments | — | -2.30M | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — |
| Investing Cash Flow | -33.50M | -54.10M | -51.40M | -70.30M | -67.10M | -30.70M | -64.20M |
| Financing Activities | |||||||
| Long-Term Debt Issuance | — | — | — | — | — | — | 185.40M |
| Long-Term Debt Payments | -84.00M | -138.70M | -104.50M | -11.70M | -27.00M | -65.60M | -225.30M |
| Other Financing Charges | -2.80M | 5.70M | 100,000 | -100,000 | -200,000 | — | -2.30M |
| Financing Cash Flow | -121.60M | -118.30M | -61.90M | -11.80M | 36.00M | -78.10M | -58.70M |
| Other Cash Details | |||||||
| End Cash Position | 59.30M | 43.20M | 53.90M | 92.20M | 127.00M | 65.60M | 30.50M |
| Income Tax Paid | 19.60M | 7.10M | 6.20M | 14.80M | 18.50M | 21.50M | 8.40M |
| Interest Paid | 12.20M | 11.50M | 5.70M | 4.30M | 6.30M | 10.50M | 5.50M |
| Free Cash Flow | 61.20M | -20.60M | -26.00M | -26.40M | 11.60M | 62.90M | 5.50M |
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