What is MGP Ingredients's interest coverage?

MGP Ingredients (MGPI) reported interest coverage of -35.7× in Q1 2026.

What is the long-term trend for MGP Ingredients's interest coverage?

Over 2 years (2020 to 2025), MGP Ingredients's interest coverage has grown at a -31.1% compound annual growth rate (CAGR), from 28.3× to -13.4×.

What does interest coverage mean?

Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.

MGP Ingredients MGPI Interest coverage

Interest coverage at other companies

Archer Daniels MidlandADM

3.1×-0.3×

Westrock Coffee CompanyWEST

-0.5×-0.2×

Alto Ingredients, Inc.ALTO

1.8×+1.0×

Brown-Forman CorporationBF.A

9.7×+0.6×

Constellation BrandsSTZ

7.5×+6.9×

O-I GlassOI

0.2×-0.2×

Other financials

Income statement

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Revenue$106.4M-12.5%

Gross profit$33.6M-22.5%

Operating income-$173.2M-23,086%

Net income-$134.8M-4,358%

EPS (diluted)-$6.30-4,400%

Balance sheet

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Cash & equivalents$10.4M-48.5%

Total debt$260.4M-17.7%

Total equity$581.3M-29.8%

Total assets$1.0B-25.2%

Cash flow

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Operating cash flow$7.0M-84.4%

CapEx$5.7M-71.3%

Free cash flow$1.2M-95.0%

Valuation

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Market cap$349.42M-44.4%

Enterprise value$599.43M-35.1%

P/S0.7×-0.3×

Profitability

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Gross margin36.4%-4.4pp

Operating margin-51.2%—

Net margin-46%—

FCF margin10.2%+1.3pp

Returns & leverage

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Return on equity-34%—

Debt / equity0.4×+0.1×

Current ratio2.7×-0.1×

Where this comes from

Calculated from MGP Ingredients’s reported figures.

ebit/interest expense=-35.7×

Based on trailing twelve months.

The official record: MGP Ingredients’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MGP Ingredients's interest coverage?: MGP Ingredients (MGPI) reported interest coverage of -35.7× in Q1 2026.
What is the long-term trend for MGP Ingredients's interest coverage?: Over 2 years (2020 to 2025), MGP Ingredients's interest coverage has grown at a -31.1% compound annual growth rate (CAGR), from 28.3× to -13.4×.
What does interest coverage mean?: Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.