MGP INGREDIENTS INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $536.4M | $703.6M | $836.5M | $782.4M | $626.7M | $395.5M | $362.7M | $19.8M |
| Cost of Revenue | $337.0M | $417.3M | $531.8M | $529.1M | $427.8M | $296.7M | $286.2M | $292.5M |
| Gross Profit | $199.4M | $286.3M | $304.7M | $253.3M | $199.0M | $98.8M | $76.5M | $83.6M |
| Gross Margin | 37.2% | 40.7% | 36.4% | 32.4% | 31.7% | 25.0% | 21.1% | 422.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $84.8M | $81.4M | $91.4M | $74.6M | $72.8M | $41.9M | $26.5M | $33.5M |
| Operating Income | $-94.6M | $74.4M | $148.6M | $149.0M | $126.4M | $54.2M | $47.2M | $50.1M |
| Operating Margin | -17.6% | 10.6% | 17.8% | 19.0% | 20.2% | 13.7% | 13.0% | 253.5% |
| Interest Expense | $7.0M | $8.4M | $6.6M | $5.5M | $4.0M | $2.3M | $1.3M | $1.2M |
| Pretax Income | $-100.4M | $68.4M | $141.7M | $140.2M | $121.1M | $52.6M | $45.9M | $49.0M |
| Income Tax Expense | $7.5M | $34.0M | $34.6M | $31.3M | $30.3M | $12.3M | $7.1M | $11.7M |
| Net Income | $-107.8M | $34.7M | $107.5M | $109.5M | $91.3M | $40.3M | $38.8M | $37.3M |
| Net Margin | -20.1% | 4.9% | 12.8% | 14.0% | 14.6% | 10.2% | 10.7% | 188.5% |
| EPS (Basic) | $-4.99 | $1.56 | $4.82 | $4.94 | $4.37 | $2.37 | $2.27 | $2.17 |
| EPS (Diluted) | $-4.99 | $1.56 | $4.80 | $4.92 | $4.37 | $2.37 | $2.27 | $2.17 |
| Shares Outstanding (Basic) | 21.4M | 22.0M | 22.1M | 22.0M | 20.7M | 16.9M | 17.0M | 16.9M |
| Shares Outstanding (Diluted) | 21.4M | 22.0M | 22.2M | 22.1M | 20.7M | 16.9M | 17.0M | 16.9M |
| Dividends Per Share | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | $0.40 | $0.32 |