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MGP Ingredients Inc (MGPI) stock

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NASDAQ: MGPI Nasdaq Beverages Next results ~January 27, 2027

C Fundamentals grade

MGP Ingredients Inc is a US-listed company in the beverages industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: our cash-flow value ($2.93) was left out of our combined valuation (it is 0.16x the share price, outside the 0.2-5x range we accept), so it can't be the basis of a rating.

Price vs value

Under review: our cash-flow value ($2.93) was left out of our combined valuation (it is 0.16x the share price, outside the 0.2-5x range we accept), so it can't be the basis of a rating. We'll show the comparison once resolved.

MGP Ingredients Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds76 adding, 70 cuttingOf 31 active managers that changed their stake, 15 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter MGP Ingredients files

Where MGP Ingredients stands after its latest 10-Q

Revenue for the twelve months to September 2026 was $487m, down 15.9% on a year earlier, a smaller fall than the 18.0% decline a quarter earlier. That puts it 13 of 13 for growth among the beverages companies we cover. Free-cash-flow margin fell to 0.1% from 10.7% a year earlier. Operating margin narrowed to -57.2% from 1.8%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 6 financial-health checks.

Our model value for MGP Ingredients is under review, so past values are not shown until it is resolved.

Source: 10-Q filed October 28, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 27, 2027 (estimated)

MGP Ingredients Inc's trailing-twelve-month revenue fell 15.9% year on year, with a free-cash-flow margin of 0.1%. Where it stands out: change in growth rate of +2.1pp ranks 6 of 26 beverages companies we cover. Where it lags: revenue growth of -15.9% ranks 22 of 26 beverages companies we cover.

Our discounted-cash-flow model values the business at ~$2.9 per share in the base case (—–$9.0 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 99.2% while net income fell 1555.0%: a 1456pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Revenue shrinking. Revenue fell 15.9% over the last 12 months.
  • Loss-making. Operating margin is -57.2%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 59.0 points on a year ago.
  • Volatile shares. Over the past year the shares showed annualised volatility of 46% and a beta of -0.0 against the S&P 500.
  • Gross margin slipping. Gross margin is down 4.3 points on a year ago.
  • Below peers: days sales outstanding. Days sales outstanding of 71 days ranks 17 of 21 beverages companies we cover (median 33 days).

Latest results: FY2026 Q3

Filed October 28, 2026
Earnings per share
$0.39 against an average estimate of $0.32: beat by 21.1%
Revenue
$118m, down 9.9% on a year earlier
Share reaction
+12.3% in the first session after the results on October 28, 2026, against 0.0% for the S&P 500
Next report
October 28, 2026; average EPS estimate $0.47

MGP Ingredients' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.6%
  • 1 week+14.3%
  • 1 month+38.7%
  • This year-25.5%
  • 1 year-24.9%
  • 5 years-75.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$487M
Operating margin
-57.2%
Net margin
-51.4%
EPS (TTM, diluted)
$-11.70

Growth

Revenue growth
−15.9%
Change in growth rate
+2.1 pts
Share count change
−0.2%

Cash

Free cash flow (TTM)
$527,000
FCF margin
0.1%
Stock pay % of revenue
1.1%

Earnings

Last results
October 28, 2026
Next results (est.)
January 27, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Agreement
  4. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

MGP Ingredients Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: our cash-flow value ($2.93) was left out of our combined valuation (it is 0.16x the share price, outside the 0.2-5x range we accept), so it can't be the basis of a rating.

Our value per share comes from a discounted-cash-flow model of MGP Ingredients Inc's free cash flow after stock-based pay ( $21.5M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value MGP Ingredients Inc as an operating company, with every model that fits that kind of business. Cost of equity 7.5%: the 10-year Treasury yield (4.9%) plus a beta of 0.56 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$2.9 Left out: out of range vs price (0.17x)
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$33 ~$28–$46 Left out: far from the other models (more than 3x away from their median)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$10 ~$5.5–$17 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$4.5 ~$4.0–$5.2 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare MGP Ingredients Inc with Beverages in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$23.34$45.16$70.65$52.65$45.02$44.33$80.64$101.42$94.37$37.96$23.82$17.74
Market value$400m$752m$1.2bn$888m$766m$751m$1.7bn$2.2bn$2.1bn$836m$509m$380m
+ Net debt (− = net cash)$33m$35m$22m$28m$38m$18m$218m$189m$275m$304m$242m$335m
Enterprise value$433m$787m$1.2bn$916m$804m$769m$1.9bn$2.4bn$2.4bn$1.1bn$751m$715m
Multiples
Price / sales 1.2x2.4x3.4x2.4x2.1x1.9x2.7x2.9x2.5x1.2x0.9x0.8x
Price / earnings 15.3x24.1x28.3x23.8x19.7x18.6x18.3x20.4x19.5x24.1x——
Price / free cash flow —n/m95.3xn/mn/m22.4x40.9x51.3x73.4x26.9x6.7xn/m
EV / EBITDA 9.6x14.8x22.2x14.9x13.7x11.4x13.0x14.2x13.9x11.8x——

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

50 /100

Moderate moat

How hard MGP Ingredients's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 16 / 20

    Cash operating profit has been a median 12.2% of total assets over 7 years.

  • Pricing power 7 / 20

    Gross margin has been a median 31.9%, moving by 7.1 percentage points (standard deviation) across 10 years.

  • Durability 3 / 20

    Operating margin has been a median 13.4%; its worst year was -57.2%.

  • Cash conversion 12 / 20

    Free cash flow was positive in 9 of 10 years, at a median 5.2% of revenue.

  • Discipline 13 / 20

    The diluted share count rose 10.2% over five years; stock-based pay has been a median 0.8% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.67 −41% $483m −10%
Next $1.90 +14% $504m +4%

Next year's EPS estimate has moved −4.6% in 90 days, across 5 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.4% on 90 days ago. In the last 30 days, 3 analysts raised MGP Ingredients Inc's forecast and 1 cut it.

Consensus EPS forecast MGP Ingredients Inc, last 90 days
$1.60 $1.70 $1.80 $1.90 $2.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.66 Current fiscal year, 60 days ago: $1.65 Current fiscal year, 30 days ago: $1.65 Current fiscal year, 7 days ago: $1.65 Current fiscal year, Now: $1.67 $1.67 Next fiscal year, 90 days ago: $1.99 Next fiscal year, 60 days ago: $1.96 Next fiscal year, 30 days ago: $1.96 Next fiscal year, 7 days ago: $1.94 Next fiscal year, Now: $1.90 $1.90

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.66$1.99
60 days ago $1.65$1.96
30 days ago $1.65$1.96
7 days ago $1.65$1.94
Now $1.67$1.90

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.32 $0.39 +21.1%
Jun 2026 $0.50 $0.72 +43.3%
Mar 2026 $0.04 $0.15 +316.7%
Dec 2025 $0.50 $0.63 +26.0%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows MGP Ingredients Inc's revenue by +2.9% next year and +4.1% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+2.3%, weight 64%) and the company's own record (+4.0%, weight 36%) . How the weights are set.

Analyst recommendations

5 analysts, Oct 2026
Buy480%
Hold120%
Sell00%

Monthly trend

  1. Oct 2026415
  2. Sep 2026415
  3. Aug 2026415

Counts of recommendations published by analysts covering MGP Ingredients Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
8.0%
of tradable shares
Days to cover
3.75
at average volume
Short interest, 1 month
+17%
to October 15, 2026
Held by institutions
75%
of shares
Held by insiders
32.5%
of shares
Employees
617
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −24.9%

$23.61 on October 31, 2025 to $17.74

ThenNowEffect
Revenue (last 12 months) $609m $500m −18.0%
P/S multiple 0.8x 0.8x −9.4%
Share count 22m 21m +1.1%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

Last 3 years −80.7%

$91.98 on November 3, 2023 to $17.74

ThenNowEffect
Revenue (last 12 months) $802m $500m −37.7%
P/S multiple 2.5x 0.8x −70.1%
Share count 22m 21m +3.3%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
MGPI+82%+26%−7%−60%−37%−26%
Industry peers (median)+11%−6%−4%−11%−36%−2%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
MGPI58%75%50%33%50%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
MGPI−22%−17%−32%−60%−44%−51%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 89% from November 25, 2022 to September 24, 2026. Getting back needed a 839% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$12.74 – $25.88
From 52-week high
−31.5%
vs 50-day average
+18.3%
vs 200-day average
−1.8%
Volatility (1 year)
46%
Beta vs S&P 500
-0.03

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±9.1%
After a week
5 up, 6 down
typical move ±10.4%
After a month
2 up, 9 down
typical move ±12.3%
Results releasedNext dayS&P 500 next day5 days21 days
October 28, 2026 +12.3% 0.0% — —
July 29, 2026 −5.2% +0.1% −5.5% −12.4%
April 29, 2026 −1.3% +1.0% −4.4% −12.1%
February 25, 2026 −23.4% +0.3% −27.6% −28.3%
October 29, 2025 +2.2% −1.1% +5.9% −3.2%
July 31, 2025 −4.9% −2.0% −4.8% +1.1%
May 1, 2025 +8.2% +2.2% +11.7% −0.5%
February 26, 2025 +2.1% −1.5% +2.7% −8.8%
October 31, 2024 −19.2% −1.5% −12.9% −18.5%
October 17, 2024 −23.1% +0.4% −28.4% −38.1%
August 1, 2024 +4.4% −3.3% +3.5% +10.0%
May 2, 2024 +3.0% +2.2% +7.1% −2.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

MGP Ingredients Inc in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) MGP Ingredients Inc
$400M $500M $600M $700M $800M $900M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $836.5M Revenue (TTM), FY24 Q1: $806.1M Revenue (TTM), FY24 Q2: $787.9M Revenue (TTM), FY24 Q3: $737.7M Revenue (TTM), FY24 Q4: $703.6M Revenue (TTM), FY25 Q1: $654.7M Revenue (TTM), FY25 Q2: $609.4M Revenue (TTM), FY25 Q3: $578.9M Revenue (TTM), FY25 Q4: $536.4M Revenue (TTM), FY26 Q1: $521.1M Revenue (TTM), FY26 Q2: $500M Revenue (TTM), FY26 Q3: $487M $487M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $836.5M
FY24 Q1 $806.1M
FY24 Q2 $787.9M
FY24 Q3 $737.7M
FY24 Q4 $703.6M
FY25 Q1 $654.7M
FY25 Q2 $609.4M
FY25 Q3 $578.9M
FY25 Q4 $536.4M
FY26 Q1 $521.1M
FY26 Q2 $500M
FY26 Q3 $487M
Revenue growth, TTM YoY MGP Ingredients Inc
-30% -20% -10% 0% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 6.9% Revenue growth, TTM YoY, FY24 Q1: 2.3% Revenue growth, TTM YoY, FY24 Q2: -1.8% Revenue growth, TTM YoY, FY24 Q3: -9.2% Revenue growth, TTM YoY, FY24 Q4: -15.9% Revenue growth, TTM YoY, FY25 Q1: -18.8% Revenue growth, TTM YoY, FY25 Q2: -22.7% Revenue growth, TTM YoY, FY25 Q3: -21.5% Revenue growth, TTM YoY, FY25 Q4: -23.8% Revenue growth, TTM YoY, FY26 Q1: -20.4% Revenue growth, TTM YoY, FY26 Q2: -18.0% Revenue growth, TTM YoY, FY26 Q3: -15.9% -15.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 6.9%
FY24 Q1 2.3%
FY24 Q2 -1.8%
FY24 Q3 -9.2%
FY24 Q4 -15.9%
FY25 Q1 -18.8%
FY25 Q2 -22.7%
FY25 Q3 -21.5%
FY25 Q4 -23.8%
FY26 Q1 -20.4%
FY26 Q2 -18.0%
FY26 Q3 -15.9%
Operating margin (TTM) MGP Ingredients Inc
-60% -40% -20% 0% 20% 40% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 17.8% Operating margin (TTM), FY24 Q1: 16.9% Operating margin (TTM), FY24 Q2: 17.2% Operating margin (TTM), FY24 Q3: 20.1% Operating margin (TTM), FY24 Q4: 10.6% Operating margin (TTM), FY25 Q1: 6.8% Operating margin (TTM), FY25 Q2: 3.6% Operating margin (TTM), FY25 Q3: 1.8% Operating margin (TTM), FY25 Q4: -17.6% Operating margin (TTM), FY26 Q1: -51.2% Operating margin (TTM), FY26 Q2: -53.9% Operating margin (TTM), FY26 Q3: -57.2% -57.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 17.8%
FY24 Q1 16.9%
FY24 Q2 17.2%
FY24 Q3 20.1%
FY24 Q4 10.6%
FY25 Q1 6.8%
FY25 Q2 3.6%
FY25 Q3 1.8%
FY25 Q4 -17.6%
FY26 Q1 -51.2%
FY26 Q2 -53.9%
FY26 Q3 -57.2%
FCF margin (TTM) MGP Ingredients Inc
0% 5% 10% 15% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 3.4% FCF margin (TTM), FY24 Q1: 4.6% FCF margin (TTM), FY24 Q2: 4.4% FCF margin (TTM), FY24 Q3: 5.8% FCF margin (TTM), FY24 Q4: 4.4% FCF margin (TTM), FY25 Q1: 8.9% FCF margin (TTM), FY25 Q2: 9.7% FCF margin (TTM), FY25 Q3: 10.7% FCF margin (TTM), FY25 Q4: 14.2% FCF margin (TTM), FY26 Q1: 10.1% FCF margin (TTM), FY26 Q2: 0.2% FCF margin (TTM), FY26 Q3: 0.1% 0.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 3.4%
FY24 Q1 4.6%
FY24 Q2 4.4%
FY24 Q3 5.8%
FY24 Q4 4.4%
FY25 Q1 8.9%
FY25 Q2 9.7%
FY25 Q3 10.7%
FY25 Q4 14.2%
FY26 Q1 10.1%
FY26 Q2 0.2%
FY26 Q3 0.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Jun 2009 2010 Jun 2010 2011 Jun 2011 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 292 202 248 13 16 328 318 347 376 363 396 627 782 837 704 536 487
Gross profit −34 31 23 21 28 59 65 76 84 77 99 199 253 305 286 199 169
EBITDA −67 16 9 7 29 45 53 54 62 59 67 145 170 171 96 −71 −253
Operating income −79 7 1 −5 17 33 42 43 50 47 54 126 149 149 74 −95 −279
Net income −69 9 −1 −5 24 26 31 42 37 39 40 91 109 107 35 −108 −251
Diluted EPS −$4.17 $0.51 −$0.08 −$0.29 $1.32 $1.48 $1.82 $2.44 $2.17 $2.27 $2.37 $4.37 $4.92 $4.80 $1.56 −$4.99 −$11.70
Growth (year on year)
Revenue — −30.8% +22.7% −94.9% +28.7% +>999% −2.9% +9.2% +8.2% −3.5% +9.0% +58.5% +24.8% +6.9% −15.9% −23.8% −15.9%
EBITDA — — −40.3% −28.2% +325.0% +56.3% +17.7% +1.9% +13.5% −4.4% +14.3% +116.4% +17.2% +0.2% −43.5% −173.2% −852.8%
Operating income — — −91.1% — — +97.7% +27.8% +2.2% +16.9% −5.8% +14.8% +133.0% +17.9% −0.2% −49.9% −227.1% —
Net income — — −115.0% — — +10.6% +19.1% +34.1% −10.9% +4.0% +4.0% +126.3% +19.9% −1.8% −67.7% −411.0% —
Diluted EPS — — −115.7% — — +12.1% +23.0% +34.1% −11.1% +4.6% +4.4% +84.4% +12.6% −2.4% −67.5% −419.9% —
Margins
Gross margin −11.7% 15.1% 9.2% — — 17.9% 20.5% 21.9% 22.2% 21.1% 25.0% 31.7% 32.4% 36.4% 40.7% 37.2% 34.7%
EBITDA margin −23.0% 7.9% 3.8% 53.8% 177.5% 13.8% 16.7% 15.6% 16.4% 16.2% 17.0% 23.2% 21.8% 20.4% 13.7% −13.1% −52.0%
Operating margin −27.1% 3.6% 0.3% −41.1% 101.9% 10.0% 13.2% 12.3% 13.3% 13.0% 13.7% 20.2% 19.0% 17.8% 10.6% −17.6% −57.2%
Net margin −23.7% 4.3% −0.5% −38.9% 145.2% 8.0% 9.8% 12.0% 9.9% 10.7% 10.2% 14.6% 14.0% 12.8% 4.9% −20.1% −51.4%
Free-cash-flow margin 0.4% 15.2% −3.9% 87.6% 54.3% −3.6% 0.6% 3.6% 0.6% 0.8% 8.5% 6.5% 5.6% 3.4% 4.4% 14.2% 0.1%
Cash flow
Cash from operations 3 33 3 17 16 19 20 33 33 20 53 88 89 84 102 122 20
Capital spending 2 2 13 6 7 31 18 21 31 17 20 47 45 55 71 45 20
Free cash flow 1 31 −10 11 9 −12 2 12 2 3 34 41 44 29 31 76 1
Stock-based pay 0 0 1 1 1 1 2 3 3 3 3 6 6 11 4 5 5
Free cash flow after stock pay 1 30 −11 10 8 −13 −1 10 −1 −0 31 35 38 18 27 71 −5
Balance sheet
Cash — — — 3 6 1 2 3 5 3 22 22 48 18 25 18 14
Total debt 0 3 14 38 10 34 37 25 33 42 40 240 236 294 329 260 348
Net debt (negative = net cash) — — — 35 5 33 35 22 28 38 18 218 189 275 304 242 335
Diluted shares — — 17m 17m 17m 17m 17m 17m 17m 17m 17m 21m 22m 22m 22m 21m 21m
Returned to shareholders
Dividends — — 1 1 1 1 2 17 6 7 8 10 11 11 11 10 10
Buybacks 0 0 0 1 1 15 2 5 2 5 4 1 1 1 49 1 1
Total returned 0 0 1 1 2 16 4 22 8 12 13 11 11 11 59 11 11

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 6 checks passed · September 30, 2026
What it owns · $1.0bn
Short-term assets $513mLonger-term assets $521m
What it owes, and who funded it · $1.0bn
Short-term liabilities $74mLonger-term liabilities $363mShareholders' equity $597m
  • Short-term assets cover short-term liabilities $513m of assets due within a year against $74m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $513m short-term assets against $363m of longer-dated liabilities.
  • More cash than debt $14m of cash against $335m of debt.
  • Debt below 40% of shareholders' equity Debt is 56% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 34% to 56% over five years.
  • A year's operating cash flow covers at least 20% of debt $20m of operating cash flow against $335m of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From MGP Ingredients Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$921,000
Dividends (TTM)
$10.4M
Returned to shareholders
2145%
of free cash flow
Buybacks, last 3 fiscal years
$50.6M
Diluted share count
−0.2%
year over year
Total shareholder yield
3.0%
dividends 2.7% + buybacks 0.2% of market value
Sales & admin spending
17.3%
of revenue
Days sales outstanding
71 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in beverages
Last 12 months unless stated MGPI BRCC SNDL COCO FIZZ WEST Median
Revenue, last 12 months $487m $437m $678m $768m $1.2bn $1.3bn $723m
Revenue growth, last 12 months −15.9% 11.7% 0.8% 26.0% −1.8% 38.6% 6.6%
Revenue growth, 3-year average −15.7% 5.7% — 17.0% 0.0% 13.8% 4.3%
Revenue growth, latest quarter −9.9% 7.3% — 33.7% 0.0% 8.8% 6.4%
Gross margin 34.7% 34.1% 27.3% 41.0% 36.2% 12.5% 42.6%
Operating margin −57.2% −2.8% −0.7% 19.9% 18.4% −1.2% −0.9%
Operating margin, 3-year average −11.8% −3.1% — 15.9% 19.0% −3.7% 11.9%
Net margin −51.4% −1.5% −1.7% 15.7% 14.8% −4.9% −1.6%
Cash from operations / revenue 4.2% 0.4% 7.5% 19.3% 15.8% 1.9% 9.9%
Free-cash-flow margin 0.1% −0.1% 6.1% 18.8% 13.7% −1.2% 9.0%
Free-cash-flow margin, 3-year average 5.5% 0.4% — 14.0% 13.7% −15.8% 8.8%
Stock pay / revenue 1.1% 2.5% 1.5% 1.8% 0.0% 0.7% 1.2%
Change in share count −0.2% 26.2% −2.3% 1.2% −0.0% 4.1% 0.0%

Median of all 26 companies we cover in beverages. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

26 beverages companies
Measure Company Peer median Rank
Revenue growth Growth -15.9% 6.9% 22 of 26
Change in growth rate Growth +2.1pp +0.6pp 6 of 26
Gross margin Profitability 34.7% 44.2% 18 of 26
Operating margin Profitability -57.2% -0.7% 20 of 26
Net margin Profitability -51.4% -1.5% 20 of 26
Free-cash-flow margin Cash generation 0.1% 9.6% 17 of 24
Stock pay as % of revenue Cash generation 1.1% 1.2% 10 of 23
Long-term debt as % of assets Balance sheet 32.4% 12.9% 13 of 18
Change in share count Balance sheet -0.2% 0.0% 7 of 19
Days sales outstanding Balance sheet 71 days 33 days 17 of 21

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Branded Spirits $233M 43.4% ▼ 3.3%
Distilling Solutions $181M 33.8% ▼ 45.4%
Ingredient Solutions $122M 22.8% ▼ 6.6%

From MGP Ingredients Inc's 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$271M
Institutions reporting
147
Shares held vs prior quarter
▲ 0.3%
Positions opened / closed
24 / 20

Top buyers and sellers, Q2 2026: 76 institutions bought and 70 sold ; the biggest buyer was Tieton Capital Management, LLC (+215K shares) and the biggest seller Dimensional Fund Advisors LP (−238K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Integrated Wealth Concepts LLC $43.9M 2.5M 16.2% ▼ 1.1%
Blackrock, Inc. $22.3M 1.3M 8.2% ▲ 13.1%
Federated Hermes, Inc. $17.2M 980K 6.3% ▼ 17.9%
Private Management Group Inc $12.9M 734K 4.7% ▼ 0.8%
Vanguard Capital Management LLC $11.3M 643K 4.2% ▼ 0.1%
Tieton Capital Management, LLC $11.3M 642K 4.1% ▲ 50.4%
Ariel Investments, LLC $10.7M 611K 3.9% ▼ 2.9%
Dimensional Fund Advisors LP $9.1M 522K 3.4% ▼ 31.3%
Ameriprise Financial Inc $8.1M 463K 3.0% ▲ 14.5%
American Century Companies Inc $7.1M 405K 2.6% ▲ 29.5%
Geode Capital Management, LLC $6.8M 386K 2.5% ▲ 6.3%
Citadel Advisors LLC $6.7M 385K 2.5% ▼ 2.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not MGP Ingredients Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 5 trades and filings

No trades in MGP Ingredients Inc disclosed in the last 12 months; 5 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded October 31, 2025, filed November 21, 2025
  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded October 30, 2025, filed November 21, 2025
  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded October 30, 2025, filed November 21, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 27, 2027 estimated from the company's past filing pattern, not announced

  • October 28, 2026
  • July 29, 2026
  • April 29, 2026
  • February 25, 2026
  • October 29, 2025
  • July 31, 2025

Recent SEC filings

Data status

When each part of this page on MGP Ingredients Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

MGP Ingredients Inc in brief

What does MGP Ingredients Inc do?
MGP Ingredients Inc is a US-listed company in the beverages industry. Its financial year ends in December.
What is MGP Ingredients Inc's stock ticker?
MGP Ingredients Inc trades under the ticker MGPI on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is MGP Ingredients Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, MGP Ingredients Inc reported revenue of $487M, 15.9% lower than a year earlier, according to its SEC filings.
What is MGP Ingredients Inc's free cash flow?
MGP Ingredients Inc's free-cash-flow margin is 0.1% of revenue over the trailing twelve months, ranking 17 of the 24 beverages companies we cover.
Who are MGP Ingredients Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Integrated Wealth Concepts LLC, Blackrock, Inc. and Federated Hermes, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is MGP Ingredients Inc buying back stock, and does it pay a dividend?
MGP Ingredients Inc spent $921,000 on share repurchases over the trailing twelve months, and its diluted share count fell 0.2% over the year.
What is MGP Ingredients Inc's market cap?
On November 2, 2026, MGP Ingredients Inc's market capitalisation was about $380M and net debt of $335M. Market figures come from third-party market data and may be delayed.
Does MGP Ingredients Inc pay a dividend?
Yes: MGP Ingredients Inc paid $10.4M in dividends over the trailing twelve months, a dividend yield of 2.73%.
How much debt does MGP Ingredients Inc have?
MGP Ingredients Inc's debt-to-equity ratio is 56.1%, from its latest balance sheet (33.7% five years earlier). The financial health section below sets out its other solvency checks.
Who are MGP Ingredients Inc's competitors?
In our Beverages peer group, the companies closest to MGP Ingredients Inc are BRC Inc., Sndl Inc., Vita Coco Company, Inc., National Beverage Corp and Westrock Coffee Co. The side-by-side comparison below sets their revenue, margins and growth against MGP Ingredients Inc's.
When is MGP Ingredients Inc's next earnings date?
Around January 27, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — MGP Ingredients Inc announces its own schedule.