MGP Ingredients, Inc.
Description
MGP Ingredients, Inc., together with its subsidiaries, engages in the production and supply of distilled spirits, branded spirits, and food ingredients in the United States and internationally. The company operates through three segments: Distillery Solutions; Branded Spirits; and Ingredient Solutions. The Distillery Solutions segment provides food grade alcohol for beverage applications that include bourbon, rye, whiskeys, as well as grain neutral spirits, include vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in food products, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also offers distillery co-products, such as dried distillers' grain, fuel-grade alcohol for blending with gasoline, and corn oil; and provides warehouse services, including barrel put away, barrel storage, and barrel retrieval services, as well as blending services. The Branded Spirits segment provides premium plus, ultra-premium, super premium, premium, mid, and value branded distilled spirits, as well as private label products. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym, Resistant Starch series, 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. It sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries. The company was founded in 1941 and is based in Atchison, Kansas.
About
CEO
Mr. Brandon M. Gall CPA
Employees
705
Instrument type
Common Stock
Sector
Consumer Defensive
Industry
Beverages - Wineries & Distilleries
MIC code
XNGS
Address
100 Commercial Street, Atchison, KS 66002, United States
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![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 29, 2025 | — | — | — | — |
| Jul 30, 2025 | — | — | — | — |
| Apr 30, 2025 | — | — | — | — |
| Feb 20, 2025 | 1.51 | — | — | — |
| Oct 31, 2024 | 1.25 | 1.29 | 0.04 | 3.20% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 6 | — | 6 |
| Average estimate | — | 0.61 | — | 3.47 |
| Low estimate | — | 0.50 | — | 3.00 |
| High estimate | — | 0.90 | — | 3.84 |
| Last year EPS | — | 1.07 | — | 5.58 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-8.330%
Next qtr. (Mar 2025)
-42.990%
Current year
-5.130%
Next year (Dec 2025)
-37.880%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 836.52M | 782.36M | 626.72M | 395.52M | 362.75M |
| Cost of revenue | 531.81M | 529.05M | 427.76M | 296.72M | 286.21M |
| Gross profit | 304.71M | 253.31M | 198.97M | 98.81M | 76.53M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 129.61M | 104.34M | 88.93M | 44.57M | 29.29M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 175.10M | 148.97M | 110.04M | 54.24M | 47.24M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 6.65M | 5.45M | 4.04M | 2.27M | 1.31M |
| Other income expense | -26.71M | -3.34M | 15.10M | 627,000 | — |
| Pretax income | 141.75M | 140.17M | 121.10M | 52.60M | 45.94M |
| Tax provision | 34.62M | 31.30M | 30.28M | 12.26M | 7.14M |
| Net income | 107.13M | 108.87M | 90.82M | 40.35M | 38.79M |
| Basic EPS | 4.82 | 4.94 | 4.37 | 2.37 | 2.27 |
| Diluted EPS | 4.80 | 4.92 | 4.34 | 2.37 | 2.27 |
| Basic average shares | 22.06M | 22.00M | 20.72M | 16.94M | 17.01M |
| Diluted average shares | 22.06M | 22.00M | 20.72M | 16.94M | 17.01M |
| EBITDA | 197.00M | 167.08M | 127.90M | 67.83M | 58.81M |
| Net income from continuing op. | 107.13M | 108.87M | 90.82M | 40.35M | 38.79M |
| Minority interests | 345,000 | 590,000 | 490,000 | — | — |
| Preferred stock dividends | 1.07M | 871,000 | 712,000 | 261,000 | 253,000 |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 1.39B | 1.16B | 1.04B | 366.58M | 322.60M |
| Current assets | |||||
| Cash | 18.39M | 47.89M | 21.57M | 21.66M | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 18.39M | 47.89M | 21.57M | 21.66M | 3.31M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 144.29M | 109.27M | 92.54M | 56.97M | 40.93M |
| Other receivables | — | — | — | — | — |
| Inventory | 346.85M | 289.72M | 245.94M | 141.01M | 136.93M |
| Prepaid assets | 3.58M | 2.96M | 1.51M | 2.64M | 2.05M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | 202.50M | 170.43M | 160.04M | 119.53M | 111.75M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 262.20M | 257.88M | 237.05M | 182.65M | 194.25M |
| Construction in progress | 38.93M | 37.54M | 16.73M | 16.70M | 14.45M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -227.34M | -215.17M | -196.86M | -181.74M | -185.54M |
| Goodwill | 914.79M | 669.36M | 671.43M | 6.37M | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 271.71M | 216.77M | 218.84M | 890,000 | — |
| Investments and advances | 5.20M | 5.53M | 4.94M | — | — |
| Other non current assets | 3.33M | 4.78M | 7.34M | 3.52M | 3.48M |
| Total liabilities | 543.28M | 412.57M | 397.20M | 104.05M | 91.55M |
| Current liabilities | |||||
| Accounts payable | 73.59M | 66.43M | 53.71M | 30.27M | 29.51M |
| Accrued expenses | 16.64M | 17.86M | 19.08M | 14.04M | 5.10M |
| Short term debt | 9.72M | 9.41M | 6.09M | 3.71M | 2.65M |
| Deferred revenue | — | — | — | — | — |
| Tax payable | 4.31M | 5.95M | 8.49M | 2.27M | 1.45M |
| Pensions | 5.14M | 2.39M | 1.43M | 3.03M | 590,000 |
| Other current liabilities | 4.70M | 3.34M | — | — | — |
| Non current liabilities | |||||
| Long term debt | 292.14M | 236.36M | 237.17M | 41.33M | 44.93M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 63.07M | 67.11M | 66.10M | 2.30M | 1.93M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 73.96M | 3.72M | 3.97M | 5.62M | 1.66M |
| Shareholders equity | |||||
| Common stock | 6.72M | 6.72M | 6.72M | 6.72M | 6.72M |
| Retained earnings | 539.88M | 443.06M | 344.24M | 262.94M | 230.78M |
| Other shareholders equity | -397,000 | -304,000 | 354,000 | 486,000 | -246,000 |
| Total shareholders equity | 849.07M | 745.64M | 644.27M | 262.53M | 231.04M |
| Additional paid in capital | 325.45M | 318.84M | 315.80M | 15.50M | 14.03M |
| Treasury stock | 21.17M | 21.59M | 22.36M | 23.13M | 20.24M |
| Minority interest | -1.43M | -1.08M | -490,000 | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||||
| Net Income | 107.13M | 108.87M | 90.82M | 40.35M | 38.79M | 37.28M | 41.82M | 31.18M | 26.19M | 23.68M | -4.93M | 1.62M | -1.31M | 8.74M | -69.12M | -11.74M | 17.70M | 14.00M | 4.00M | 9.47M | 5.15M | 6.26M | 2.66M | 4.89M | 1.30M | -2.20M | 100,000 | -3.40M | 3.30M | 15.90M | 16.30M | 13.50M | 11.10M | 8.40M | — | — |
| Depreciation | 22.11M | 21.46M | 19.09M | 12.96M | 11.57M | 11.36M | 11.31M | 11.25M | 12.38M | 12.33M | 12.01M | 11.57M | 8.84M | 8.63M | 11.95M | 15.17M | 14.47M | 12.66M | 16.01M | 15.20M | 14.35M | 14.31M | 13.63M | 13.52M | 13.60M | 13.90M | 14.00M | 13.90M | 8.70M | 7.20M | 6.20M | 7.20M | 6.50M | 6.70M | — | — |
| Deferred Taxes | -4.04M | 1.01M | 6.77M | 593,000 | 252,000 | 1.67M | -3.42M | 681,000 | 1.35M | 1.57M | -152,000 | — | — | — | -7.22M | -4.57M | 308,000 | -1.46M | 579,000 | 683,000 | 5.74M | 1.98M | 6,000 | 2.00M | — | -200,000 | 200,000 | 600,000 | -600,000 | -500,000 | -700,000 | -700,000 | -300,000 | -100,000 | — | — |
| Stock-Based Compensation | 10.64M | 5.50M | 5.56M | 3.00M | 3.30M | 3.10M | 2.57M | 2.40M | 1.41M | 930,000 | 932,000 | 969,000 | 1.16M | 491,000 | 14,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 7.83M | 194,000 | -16.18M | 494,000 | -116,000 | — | 61,000 | -230,000 | 453,000 | -8.56M | 932,000 | 969,000 | -1.31M | 491,000 | 10.28M | 9.65M | — | — | — | — | — | — | — | — | — | — | — | -100,000 | — | -800,000 | -1.10M | -300,000 | 100,000 | -100,000 | — | — |
| Accounts Receivable | -32.40M | -16.79M | -6.03M | -16.17M | -2.13M | -4.45M | -7.54M | 1.20M | 3.08M | -4.77M | 7.29M | -7.20M | -10.17M | 729,000 | 15.68M | 211,000 | -2.10M | -4.10M | 7.57M | -13.78M | 3.61M | 2.04M | 2.91M | -3.62M | -300,000 | -1.20M | -7.90M | 3.20M | -1.20M | -2.50M | -4.90M | -3.00M | -2.40M | 1.90M | — | — |
| Accounts Payable | -2.41M | 10.63M | 5.30M | 1.82M | 2.11M | -2.54M | 6.19M | -2.12M | 2.61M | -3.80M | -233,000 | -6.46M | 7.12M | 6.39M | -3.06M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -42.30M | -42.31M | -20.53M | -539,000 | -28.78M | -14.35M | -15.41M | -21.01M | -25.88M | 125,000 | 245,000 | -3.83M | -968,000 | 660,000 | 46.63M | -22.78M | -19.30M | 3.03M | -4.72M | -4.60M | -6.85M | -6.99M | 16.73M | 4.86M | -1.90M | -5.60M | 8.40M | -7.20M | -6.00M | -400,000 | 9.00M | 1.80M | -1.20M | 700,000 | — | — |
| Operating Cash Flow | 66.56M | 88.57M | 84.80M | 42.50M | 25.00M | 32.07M | 35.59M | 23.36M | 21.60M | 21.49M | 16.09M | -2.36M | 3.37M | 26.13M | 5.15M | -14.06M | 11.08M | 24.12M | 23.44M | 6.97M | 22.00M | 17.59M | 35.94M | 21.65M | 12.70M | 4.70M | 14.80M | 7.00M | 4.20M | 18.90M | 24.80M | 18.50M | 13.80M | 17.50M | — | — |
| Investing Activities | ||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -55.27M | -45.32M | -47.39M | -16.80M | -16.73M | -31.05M | -21.06M | -16.71M | -30.53M | -6.95M | -6.21M | -5.97M | -12.78M | 3.31M | -1.33M | -7.42M | -23.00M | -18.42M | -21.94M | -20.77M | -11.79M | -12.97M | -13.33M | -8.12M | -6.10M | -4.80M | -3.40M | -5.40M | -37.60M | -43.90M | -8.90M | -14.50M | -6.20M | -8.60M | — | — |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -103.71M | -2.81M | -150.48M | -2.75M | — | — | 22.83M | -1.20M | — | — | 2.80M | 8.60M | — | 13.95M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | -1.20M | — | — | — | — | — | — | -500,000 | — | -1.21M | — | -375,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -2.50M | -1.00M | -2.00M | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | 13.95M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 1.00M | — | — |
| Investing Cash Flow | -159.24M | -47.81M | -182.62M | -19.65M | -19.13M | -31.05M | 1.78M | -17.68M | -30.53M | 1.50M | -3.41M | 2.71M | -12.78M | 28.78M | -1.33M | -7.96M | -23.00M | -18.42M | -21.94M | -20.77M | -11.79M | -12.97M | -13.33M | -8.12M | -6.00M | -4.80M | -3.40M | -4.50M | -23.10M | -55.10M | -9.40M | -15.50M | -8.20M | -7.70M | — | — |
| Financing Activities | ||||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | 201.25M | — | 20.00M | — | 20.00M | — | 28.79M | 62.15M | 95.51M | 127.09M | 7.34M | 2.03M | 7.35M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -47.60M | -3.40M | -331.43M | -56.21M | -28.53M | -21.64M | -57.24M | -24.70M | -4.98M | -75.03M | -105.09M | -124.01M | -313.22M | -259.05M | -165.92M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | — | — | -7.05M | -1.15M | -76,000 | — | -377,000 | -114,000 | -348,000 | -66,000 | — | -644,000 | — | 214.31M | 156.94M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 100,000 | — | — | — | — | — | — |
| Financing Cash Flow | 3.92M | -14.76M | -148.01M | -70.26M | -31.65M | -21.76M | -90.62M | -23.57M | 6.97M | -14.53M | 84.48M | 6.19M | -302.10M | -61.11M | -1.66M | -4.00M | -5.07M | 644,000 | -1.71M | 1.99M | -4.39M | -2.29M | -4.51M | -8.11M | -2.00M | — | -800,000 | -1.20M | -4.90M | -4.80M | -4.90M | -4.60M | -4.60M | -4.20M | — | — |
| Other Cash Details | ||||||||||||||||||||||||||||||||||||
| End Cash Position | 18.39M | 47.89M | 21.57M | 21.66M | 3.31M | 5.03M | 3.08M | 1.57M | 747,000 | 5.64M | 2.86M | — | 7.60M | 6.37M | 178,000 | — | 3.90M | 14.50M | 10.38M | 6.49M | 17.54M | 28.74M | 33.45M | 7.73M | 4.10M | — | — | — | — | — | — | — | — | — | — | — |
| Income Tax Paid | 35.14M | 29.05M | 29.05M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 9.24M | 5.95M | 3.46M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 28.52M | 43.61M | 40.87M | 33.55M | 2.99M | 2.44M | 12.42M | 1.80M | -11.86M | 8.86M | 11.09M | -14.26M | -9.64M | 30.61M | 1.09M | -12.78M | -8.45M | 8.71M | -1.15M | -20.81M | -7.73M | 2.63M | 23.94M | 14.25M | 6.60M | 700,000 | 12.90M | 1.50M | -28.20M | -26.90M | 11.00M | 5.60M | 7.00M | 9.20M | — | — |
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Article
MGP Ingredients, Inc. (MGPI) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
BENSALEM, Pa. , Feb. 10, 2025 /PRNewswire/ -- The Law Offices of Howard G.
Feb 10, 2025
Article
February 14, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against MGPI
NEW YORK, NY / ACCESS Newswire / February 10, 2025 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=128437&wire=1 or contact Joseph E. Levi, Esq.
Feb 10, 2025
Article
The Schall Law Firm Invites Investors With Losses To Join A Securities Fraud Case Against MGP Ingredients, Inc.
LOS ANGELES, CA / ACCESS Newswire / February 10, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against MGP Ingredients, Inc. ("MGP Ingredients" or "the Company") (NASDAQ:MGPI) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between May 4, 2023 to October 30, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before February 14, 2025.
Feb 10, 2025
