MGPI Q3 2024 Earnings — MGP Ingredients, Inc. Revenue & Financial Results | Market Cap Arena

MGPIMGP Ingredients, Inc.

$391M

Q3 2024 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$161M-23.7% YoY

Gross Profit

$66M40.8% margin

Operating Income

$33M20.2% margin

Net Income

$24M14.8% margin

EPS (Diluted)

$1.07

QoQ Revenue Growth

-15.4%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$24M

Stock-Based Comp.

$767,000

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$528M

Stockholders' Equity

$914M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$161M	$212M	-23.7%
Gross Profit	$66M	$73M	-10.4%
Operating Income	$33M	$20M	+64.1%
Net Income	$24M	$13M	+80.9%

Revenue Segments

Distilling Solutions

$72M45%

Branded Spirits

$63M39%

Ingredient Solutions

$27M17%