MGPI Q4 2023 Earnings — MGP Ingredients, Inc. Revenue & Financial Results | Market Cap Arena

MGPIMGP Ingredients, Inc.

$391M

Q4 2023 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$215M+12.5% YoY

Gross Profit

$85M39.6% margin

Operating Income

$43M20.0% margin

Net Income

$31M14.5% margin

EPS (Diluted)

$1.39

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$22M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$543M

Stockholders' Equity

$850M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$215M	$191M	+12.5%
Gross Profit	$85M	$63M	+34.7%
Operating Income	$43M	$30M	+45.0%
Net Income	$31M	$23M	+37.1%

Revenue Segments

Distilling Solutions

$109M51%

Branded Spirits

$73M34%

Ingredient Solutions

$33M16%