MGP Ingredients Past Earnings Performance
Past criteria checks 2/6
MGP Ingredients has been growing earnings at an average annual rate of 27.5%, while the Beverage industry saw earnings declining at 0.2% annually. Revenues have been growing at an average rate of 20.8% per year. MGP Ingredients's return on equity is 12.6%, and it has net margins of 12.7%.
Key information
27.5%
Earnings growth rate
20.9%
EPS growth rate
| Beverage Industry Growth | -0.09% |
| Revenue growth rate | 20.8% |
| Return on equity | 12.6% |
| Net Margin | 12.7% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How MGP Ingredients makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 837 | 106 | 128 | 0 |
| 30 Sep 23 | 813 | 98 | 123 | 0 |
| 30 Jun 23 | 802 | 109 | 119 | 0 |
| 31 Mar 23 | 788 | 102 | 111 | 0 |
| 31 Dec 22 | 782 | 109 | 104 | 0 |
| 30 Sep 22 | 758 | 118 | 95 | 0 |
| 30 Jun 22 | 734 | 118 | 93 | 0 |
| 31 Mar 22 | 714 | 112 | 90 | 0 |
| 31 Dec 21 | 627 | 91 | 80 | 0 |
| 30 Sep 21 | 561 | 71 | 72 | 0 |
| 30 Jun 21 | 487 | 57 | 58 | 0 |
| 31 Mar 21 | 405 | 46 | 47 | 0 |
| 31 Dec 20 | 396 | 40 | 45 | 0 |
| 30 Sep 20 | 387 | 41 | 34 | 0 |
| 30 Jun 20 | 375 | 39 | 31 | 0 |
| 31 Mar 20 | 373 | 39 | 31 | 0 |
| 31 Dec 19 | 363 | 39 | 29 | 0 |
| 30 Sep 19 | 375 | 37 | 33 | 0 |
| 30 Jun 19 | 379 | 38 | 33 | 0 |
| 31 Mar 19 | 377 | 37 | 33 | 0 |
| 31 Dec 18 | 376 | 37 | 33 | 0 |
| 30 Sep 18 | 359 | 37 | 33 | 0 |
| 30 Jun 18 | 351 | 42 | 34 | 0 |
| 31 Mar 18 | 348 | 41 | 34 | 0 |
| 31 Dec 17 | 347 | 41 | 33 | 0 |
| 30 Sep 17 | 340 | 36 | 31 | 0 |
| 30 Jun 17 | 334 | 32 | 30 | 0 |
| 31 Mar 17 | 329 | 32 | 28 | 0 |
| 31 Dec 16 | 318 | 30 | 27 | 0 |
| 30 Sep 16 | 319 | 28 | 25 | 1 |
| 30 Jun 16 | 319 | 26 | 23 | 1 |
| 31 Mar 16 | 324 | 27 | 25 | 1 |
| 31 Dec 15 | 328 | 25 | 26 | 0 |
| 30 Sep 15 | 322 | 26 | 25 | 0 |
| 30 Jun 15 | 320 | 26 | 25 | 0 |
| 31 Mar 15 | 315 | 23 | 22 | 0 |
| 31 Dec 14 | 313 | 23 | 18 | 2 |
| 30 Sep 14 | 314 | 16 | 23 | 0 |
| 30 Jun 14 | 317 | 3 | 25 | 0 |
| 31 Mar 14 | 316 | -1 | 25 | 0 |
| 31 Dec 13 | 323 | -6 | 25 | 0 |
| 30 Sep 13 | 332 | -6 | 24 | 0 |
| 30 Jun 13 | 328 | 1 | 23 | 0 |
Quality Earnings: M1I has high quality earnings.
Growing Profit Margin: M1I's current net profit margins (12.7%) are lower than last year (13.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: M1I's earnings have grown significantly by 27.5% per year over the past 5 years.
Accelerating Growth: M1I's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: M1I had negative earnings growth (-2%) over the past year, making it difficult to compare to the Beverage industry average (-30.1%).
Return on Equity
High ROE: M1I's Return on Equity (12.6%) is considered low.