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MGP Ingredients MGPI Q4 2024 Annual earnings

Reported February 26, 2025 · Before market open

Revenue$180.8MBeat by $3.6M
EPS$1.57Beat by $0.08
Revenue estimate$177.2M
EPS estimate$1.49

Next report

Date not yet announced

Financials

Q4 2024

Income statement

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Revenue$180.8M-15.9%
Gross profit$74.5M-12.5%

Balance sheet

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Cash & equivalents$25.3M+37.4%
Total debt$346.0M+12.3%
Total equity$834.2M-1.9%
Total assets$1.4B+1.0%

Cash flow

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Operating cash flow$28.8M-18.2%
CapEx$18.3M+38.8%
Free cash flow$10.4M-52.5%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$864.3M-60.3%
Enterprise value$1.19B-51.9%
P/S1.2×-1.4×

Profitability

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Gross margin40.7%+4.3pp
FCF margin4.4%+1.0pp

Returns & leverage

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Debt / equity0.4×+0.1×
Current ratio5.9×+1.4×

Segments

By product

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Brown goods$67.0M-9.9%
Premium plus$28.3M-11.9%
Specialty wheat starches$18.4M+7.5%
Mid$16.8M-16.2%
Specialty wheat proteins$12.8M+3.6%

By segment

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Distilling Solutions$82.0M-24.7%
Branded Spirits$64.0M-11.9%
Ingredient Solutions$34.7M+4.2%

By geography

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Foreign sources$9.1M-27.3%

Versus estimates

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Questions, answered.

When did MGP Ingredients report Q4 2024 earnings?
MGP Ingredients (MGPI) reported Q4 2024 earnings on February 26, 2025 before market open.
What were MGP Ingredients's Q4 2024 revenue and EPS?
MGP Ingredients reported revenue of $180.8M and eps of $1.57 for Q4 2024.
Did MGP Ingredients beat estimates in Q4 2024?
Revenue beat the consensus estimate of $177.2M by $3.6M. EPS beat the consensus estimate of $1.49 by $0.08.
Where can I find MGP Ingredients's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001628280-25-007962) directly on SEC EDGAR. The filing index links above go to sec.gov.