MGPIMGP INGREDIENTS INC
Wholesale-Beer, Wine & Distilled Alcoholic Beverages
- Revenue
- $536M
- 24% YoY
- Operating margin
- -17.6%
- 267% YoY
- EBITDA
- −$71M
- 173% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $41M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear9% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $627M | $782M | $837M | $704M | $536M | 24% |
| Operating income | $126M | $149M | $149M | $74M | −$95M | 227% |
| Net income | $91M | $109M | $107M | $35M | −$108M | 411% |
| Operating cash flow | $88M | $89M | $84M | $102M | $122M | 19% |
| Capex | $47M | $45M | $55M | $71M | $45M | 36% |
| Stock-based comp | $6M | $6M | $11M | $4M | $5M | 17% |
| Buybacks | $767K | $715K | $801K | $49M | $1M | 98% |
| Dividends | $10M | $11M | $11M | $11M | $10M | 2.9% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $399K · 1
- Net
- −$399K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 54 | 127 |
| FY2024 | — | — | 84 | 154 |
| FY2023 | — | — | 210 | 129 |
| FY2022 | — | — | 226 | 117 |
| FY2021 | — | — | 179 | 136 |