MGP Ingredients MGPI Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Gross Profit by Business | |||||
| Branded Spirits | $115.32M-2.4% | $118.2M+4.8% | $112.78M+18.1% | $95.52M+52.5% | |
| Distilling Solutions | $68.6M-51.7% | $141.93M-2.1% | $144.96M+14.8% | $126.28M+10.7% | |
| Ingredient Solutions | $15.49M-40.9% | $26.19M-44.2% | $46.97M+49.1% | $31.5M+41.8% | |
| Sales by Business | |||||
| Branded Spirits | $232.94M-3.3% | $240.82M-5.2% | $253.93M+6.7% | $237.94M+29.6% | |
| Distilling Solutions | $181.4M-45.4% | $332.2M-26.3% | $450.85M+5.2% | $428.48M+21.6% | |
| Ingredient Solutions | $122.03M-6.6% | $130.61M-0.9% | $131.74M+13.6% | $115.94M+27.9% | |
| Operating Income (Loss) by Business | |||||
| Branded Spirits | -$127.68M-164% | -$48.28M-243% | $33.83M+1.5% | $33.33M— | |
| Distilling Solutions | $65.08M-52.7% | $137.47M+12.5% | $122.15M+0.4% | $121.65M— | |
| Ingredient Solutions | $10.51M-48.8% | $20.53M-49.6% | $40.73M+47.9% | $27.53M— | |
| Total Assets by Business | |||||
| Branded Spirits | $3.32B-7.4% | $3.58B+5.1% | $3.41B+23.4% | $2.76B— | |
| Distilling Solutions | $1.41B-3.6% | $1.47B-1.4% | $1.49B+11.9% | $1.33B— | |
| Ingredient Solutions | $529.28M+8.0% | $490.15M+54.2% | $317.87M+37.0% | $232M+38.2% | |
| Cost of Sales by Business | |||||
| Branded Spirits | $117.62M-4.1% | $122.62M-13.1% | $141.15M-0.9% | $142.42M— | |
| Distilling Solutions | $112.8M-40.7% | $190.28M-37.8% | $305.89M+1.2% | $302.2M— | |
| Ingredient Solutions | $106.55M+2.0% | $104.41M+23.2% | $84.77M+0.4% | $84.44M— | |
| Selling, general, and administrative expenses by Business | |||||
| Branded Spirits | $35.65M-10.2% | $39.71M+6.2% | $37.39M+7.3% | $34.85M— | |
| Distilling Solutions | $2.83M-4.8% | $2.97M+29.1% | $2.3M-37.3% | $3.67M— | |
| Ingredient Solutions | $3.94M-0.3% | $3.95M+2.9% | $3.84M+37.5% | $2.79M— | |
| Advertising and promotion expenses by Business | |||||
| Branded Spirits | $29.23M-20.8% | $36.91M+7.1% | $34.46M+26.0% | $27.34M— | |
| Distilling Solutions | $696K-48.5% | $1.35M+20.0% | $1.13M+17.5% | $959K— | |
| Ingredient Solutions | $1.04M-39.6% | $1.71M-28.6% | $2.4M+103% | $1.18M— | |
| Indefinite-Lived Intangible Assets (Excluding Goodwill) by Business | |||||
| Branded Spirits | $831.46M-2.4% | $851.96M+4.2% | $817.66M+14.2% | $715.96M— | |
| D&A by Business | |||||
| Branded Spirits | $8.61M+7.1% | $8.04M+15.6% | $6.95M+17.7% | $5.91M+15.4% | |
| Distilling Solutions | $8.18M+3.6% | $7.89M-33.3% | $11.83M+1.6% | $11.64M+7.9% | |
| Ingredient Solutions | $5.9M+25.2% | $4.71M+83.0% | $2.57M+4.1% | $2.47M+19.5% | |
| Goodwill by Business | |||||
| Branded Spirits | $859.03M-29.1% | $1.21B+1.4% | $1.2B+32.0% | $905.18M— | |
| Goodwill, impairment charge by Business | |||||
| Branded Spirits | $132.12M+79.1% | $73.76M— | —— | —— | |
| Distilling Solutions | $0— | $0— | —— | —— | |
| Ingredient Solutions | $0— | $0— | —— | —— | |
| Indefinite-lived intangible assets, impairment charge by Business | |||||
| Branded Spirits | $20.5M— | —— | —— | —— | |
| Distilling Solutions | $0— | —— | —— | —— | |
| Ingredient Solutions | $0— | —— | —— | —— | |
| Goodwill and indefinite-lived intangible asset impairment by Business | |||||
| Branded Spirits | $152.62M— | —— | —— | —— | |
| Distilling Solutions | $0— | —— | —— | —— | |
| Ingredient Solutions | $0— | —— | —— | —— | |
| Concentration risk, percentage by Business | |||||
| Branded Spirits | 16%+3.0pp | 13%— | —— | —— | |
| Ingredient Solutions | 14%+2.0pp | 12%— | —— | —— | |
| Sales by Product | |||||
| Biofuel and other | $515K— | —— | $0— | —— | |
| Brown goods | $128.45M-51.7% | $265.87M-8.1% | $289.19M+26.0% | $229.52M+41.6% | |
| Commodity wheat proteins | $3.11M+546% | $481K-51.0% | $982K+2,484% | $38K-97.3% | |
| Commodity wheat starches | $10.37M-16.0% | $12.35M-24.7% | $16.41M+17.0% | $14.02M+40.0% | |
| Mid | $59.49M-6.3% | $63.45M-16.2% | $75.68M-8.3% | $82.53M+15.8% | |
| Other | $24.12M-0.6% | $24.27M-2.5% | $24.89M+6.9% | $23.28M+19.6% | |
| Premium plus | $116.73M+5.2% | $110.99M+5.2% | $105.47M+24.5% | $84.73M+56.1% | |
| Specialty wheat proteins | $39.92M-4.4% | $41.77M-13.5% | $48.29M+22.8% | $39.31M+24.9% | |
| Specialty wheat starches | $68.12M-10.4% | $76.01M+15.1% | $66.05M+5.6% | $62.57M+31.0% | |
| Value | $32.61M-22.6% | $42.1M-12.1% | $47.91M+1.1% | $47.4M+23.0% | |
| Warehouse services | $32.39M-3.1% | $33.43M+16.8% | $28.63M+21.3% | $23.6M+34.7% | |
| White goods and other co-products | $20.56M-37.5% | $32.9M-75.3% | $133.03M-24.1% | $175.36M— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does MGP Ingredients break its business down?
- MGP Ingredients (MGPI) reports gross profit by business across 3 parts — Branded Spirits, Distilling Solutions and Ingredient Solutions. Each is extracted from the segment footnotes and tracked over time.
- Where does MGP Ingredients's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in MGP Ingredients's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
