What is MGP Ingredients's distilling solutions — goodwill?

MGP Ingredients (MGPI) reported distilling solutions — goodwill of $0 in Q1 2026.

What does distilling solutions — goodwill mean?

Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations allocated to the Distilling Solutions segment. This asset reflects the premium paid for intangible synergies, brand reputation, and market position within the distilling industry. It is subject to periodic impairment testing to ensure its carrying value remains supported by future cash flows.

MGP Ingredients MGPI Distilling Solutions — Goodwill

Other segment segments

Branded Spirits

$0-100%

Ingredient Solutions

$0—

Similar metrics at other companies

WESTBeverage Solutions — Goodwill

$116.11M0.0%

MATWBrand Solutions — Goodwill

$0—

WESTBeverage Solutions — Goodwill Gross

$192.99M0.0%

REZIProducts and Solutions — Goodwill

$2.03B+0.2%

EVTCBusiness Solutions — Goodwill

$40.01M0.0%

NXExtruded Solutions — Goodwill

$183.75M—

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

Reported directly by MGP Ingredients in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

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

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What is MGP Ingredients's distilling solutions — goodwill?: MGP Ingredients (MGPI) reported distilling solutions — goodwill of $0 in Q1 2026.
What does distilling solutions — goodwill mean?: Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations allocated to the Distilling Solutions segment. This asset reflects the premium paid for intangible synergies, brand reputation, and market position within the distilling industry. It is subject to periodic impairment testing to ensure its carrying value remains supported by future cash flows.