MGP Ingredients, Inc.

NasdaqGS MGPI

MGP Ingredients, Inc. Net Income for the Trailing 12 Months (TTM) ending September 30, 2024: USD 107.44 M

MGP Ingredients, Inc. Net Income is USD 107.44 M for the Trailing 12 Months (TTM) ending September 30, 2024, a 8.45% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • MGP Ingredients, Inc. Net Income for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 99.06 M, a -15.84% change year over year.
  • MGP Ingredients, Inc. Net Income for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 117.71 M, a 66.89% change year over year.
  • MGP Ingredients, Inc. Net Income for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 70.53 M, a 70.42% change year over year.
  • MGP Ingredients, Inc. Net Income for the Trailing 12 Months (TTM) ending September 30, 2020 was USD 41.39 M, a 11.01% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
Market news
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SV Wall Street
NasdaqGS: MGPI

MGP Ingredients, Inc.

CEO Mr. Brandon M. Gall CPA
IPO Date Oct. 21, 1988
Location United States
Headquarters 100 Commercial Street
Employees 705
Sector Consumers Staples
Industries
Description

MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients. It operates through three segments: Distillery Products; Branded Spirits; and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also provides fuel-grade alcohol for blending with gasoline; distillers feed and related co-products, such as distillers feed and corn oil; and warehouse services, including barrel put away, storage, and retrieval services, as well as blending services. The Branded Spirits segment provides ultra-premium, premium, mid, and value branded distilled spirits. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym, Resistant Starch, and FiberRite RW Resistant Starch names; specialty wheat proteins for food applications under the Arise and Proterra names; gluten-free textured pea proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins. The company sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, the United Kingdom, Japan, Thailand, Mexico, and Canada. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.

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StockViz Staff

February 8, 2025

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