MGP Ingredients (NASDAQ: MGPI) — Company Overview, News & Financial Data
MGP Ingredients specializes in premium distilled spirits, wheat proteins, and starches for food, beverage, and industrial sectors.
MGP Ingredients
MGP Ingredients (NASDAQ:MGPI) specializes in producing premium distilled spirits, specialty wheat proteins, and starches. The company focuses on delivering high-quality ingredients and solutions that cater to the food, beverage, and industrial sectors, leveraging its expertise in wheat processing and fermentation. MGP Ingredients takes pride in its commitment to innovation and sustainability, aiming to meet the evolving needs of its customers while promoting environmentally friendly practices. Its operations span across multiple facilities, where the company strives to maintain top-notch quality and efficiency. With a vision rooted in growth and customer satisfaction, MGP Ingredients seeks to expand its market presence and continue developing new products that respond to global trends in health, nutrition, and taste.
Snapshot
Operations
Products and/or services of MGP Ingredients
- Production of premium distilled spirits, including whiskey and vodka, catering to craft and global brands.
- Manufacture of specialty wheat proteins and starches for food, beverage, and pet food applications.
- Supply of premium rye, wheat, and corn for distilling and brewing industries.
- Development of plant-based, non-GMO ingredients for health-conscious consumers.
- Provision of customized ingredient solutions for baking, snacks, and meat alternatives.
- Engagement in sustainability and waste reduction efforts across all operations to minimize environmental impact.
MGP Ingredients executive team
- Julie M. FrancisCEO, President & Director
- Brandon M. GallCFO & Treasurer
- Chris WisemanSenior Vice President of Operations
- Kathleen MolamphyChief Legal & Human Resources Officer and Secretary
- Matias BentelChief Marketing Officer
- Michael Rodger ButtshawPresident of Ingredient Solutions Sales
- Boon LeeSenior Vice President of Strategy & Insights
- Sol ClahaneManaging Director of National Accounts
- Mark DavidsonCorporate Controller
- Phillip LuxBrand Manager
Dividend history
Dividends per share paid by MGP Ingredients, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $0.4800 |
| FY2025 | — | — | — | $0.4800 |
| FY2024 | — | — | — | $0.4800 |
| FY2023 | — | — | — | $0.4800 |
| FY2022 | — | — | — | $0.4800 |
Key financials
Reported results for MGP Ingredients, in USD.
- Market cap
- 368.7M
- Revenue (TTM)
- 487M
- P/E ratio
- —
- EPS (diluted, TTM)
- -11.6
- Dividend yield
- 2.9%
- Profit margin
- -51.4%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 536.4M | -94.6M | -107.8M | |
| 703.6M | 74.4M | 34.7M | |
| 836.5M | 148.6M | 107.5M | |
| 782.4M | 149M | 109.5M |