MGP Ingredients, Inc.

MGPI · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$703,625$836,523$782,358$626,720
% Growth-15.9%6.9%24.8%
Cost of Goods Sold$417,308$531,811$529,052$427,755
Gross Profit$286,317$304,712$253,306$198,965
% Margin40.7%36.4%32.4%31.7%
R&D Expenses$0$0$0$0
G&A Expenses$81,391$91,395$74,627$72,829
SG&A Expenses$121,899$129,608$104,341$88,927
Sales & Mktg Exp.$40,508$38,213$29,714$16,098
Other Operating Expenses$89,992$26,491$0-$16,325
Operating Expenses$211,891$156,099$104,341$72,602
Operating Income$74,426$148,613$148,965$126,363
% Margin10.6%17.8%19%20.2%
Other Income/Exp. Net-$5,984-$6,867-$8,793-$5,267
Pre-Tax Income$68,442$141,746$140,172$121,096
Tax Expense$33,977$34,616$31,300$30,279
Net Income$34,663$107,475$109,462$91,307
% Margin4.9%12.8%14%14.6%
EPS1.564.824.944.37
% Growth-67.6%-2.4%13%
EPS Diluted1.564.84.924.32
Weighted Avg Shares Out22,01522,06022,00320,720
Weighted Avg Shares Out Dil22,01522,17422,05420,982
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$8,439$6,647$5,451$4,037
Depreciation & Amortization$21,989$22,113$21,455$19,092
EBITDA$98,870$170,506$167,078$144,225
% Margin14.1%20.4%21.4%23%