MGP Ingredients
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. MGP Ingredients's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $836,523,000. Profit margin reached 13%. Total operating expenses were $156,099,000.
Profit Margin
| 2014 | 313.40M | 23.67M | 7.55% |
|---|---|---|---|
| 2015 | 327.60M | 26.19M | 7.99% |
| 2016 | 318.26M | 31.18M | 9.8% |
| 2017 | 347.44M | 41.82M | 12.04% |
| 2018 | 376.08M | 37.28M | 9.91% |
| 2019 | 362.74M | 38.79M | 10.69% |
| 2020 | 395.52M | 40.34M | 10.2% |
| 2021 | 626.72M | 91.30M | 14.57% |
| 2022 | 782.35M | 109.46M | 13.99% |
| 2023 | 836.52M | 107.47M | 12.85% |
MGPI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 836.52M | 782.35M | 626.72M | 395.52M | 362.74M | 376.08M | 347.44M | 318.26M | 327.60M | 313.40M |
Cost of revenue | 531.81M | 529.05M | 427.75M | 296.71M | 286.21M | 292.49M | 271.43M | 252.98M | 269.07M | 284.97M |
Gross profit | 304.71M | 253.30M | 198.96M | 98.80M | 76.53M | 83.59M | 76.01M | 65.28M | 58.53M | 28.43M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 916K | 748K | 1.62M |
Selling and marketing | 38.21M | 29.71M | 16.09M | 2.71M | 2.82M | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 156.09M | 104.34M | 88.92M | 44.56M | 29.29M | 33.45M | 33.10M | 23.30M | 25.68M | 20.10M |
Operating income | 148.61M | 148.96M | 93.71M | 54.24M | 47.24M | 50.14M | 42.90M | 41.97M | 32.85M | 16.61M |
Other income (expenses), net | -6.86M | -8.79M | 27.38M | -1.64M | -1.30M | -1.16M | 9.84M | 4.03M | 5.56M | 9.32M |
Income before tax | 141.74M | 140.17M | 121.09M | 52.60M | 45.93M | 48.98M | 52.75M | 44.71M | 38.41M | 25.94M |
Income tax expense | 34.61M | 31.3M | 30.27M | 12.25M | 7.14M | 11.69M | 10.93M | 13.53M | 12.22M | 2.26M |
Net income | 107.47M | 109.46M | 91.30M | 40.34M | 38.79M | 37.28M | 41.82M | 31.18M | 26.19M | 23.67M |
Earnings per share | ||||||||||
Basic EPS | 4.82 | 4.94 | 4.37 | 2.37 | 2.27 | 2.21 | 2.44 | 1.82 | 1.48 | 1.32 |
Diluted EPS | 4.8 | 4.92 | 4.32 | 2.37 | 2.27 | 2.21 | 2.44 | 1.82 | 1.48 | 1.32 |
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