MGP Historical Income Statement
| MGPI Stock | USD 46.28 0.29 0.63% |
Historical analysis of MGP Ingredients income statement accounts such as Gross Profit of 319.9 M can show how well MGP Ingredients performed in making a profits. Evaluating MGP Ingredients income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MGP Ingredients's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining MGP Ingredients latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MGP Ingredients is a good buy for the upcoming year.
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About MGP Income Statement Analysis
MGP Ingredients Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MGP Ingredients shareholders. The income statement also shows MGP investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
MGP Ingredients Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of MGP Ingredients minus its cost of goods sold. It is profit before MGP Ingredients operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MGP Ingredients. It is also known as MGP Ingredients overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from MGP Ingredients' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MGP Ingredients current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGP Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.As of now, MGP Ingredients' Other Operating Expenses is increasing as compared to previous years. The MGP Ingredients' current Operating Income is estimated to increase to about 156 M, while Depreciation And Amortization is projected to decrease to under 13.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.0M | 5.5M | 6.6M | 7.0M | Depreciation And Amortization | 19.1M | 21.5M | 22.1M | 13.2M |
MGP Ingredients income statement Correlations
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MGP Ingredients Account Relationship Matchups
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MGP Ingredients income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 11.6M | 13.0M | 19.1M | 21.5M | 22.1M | 13.2M | |
| Interest Expense | 1.3M | 1.6M | 4.0M | 5.5M | 6.6M | 7.0M | |
| Total Revenue | 362.7M | 395.5M | 626.7M | 782.4M | 836.5M | 878.3M | |
| Gross Profit | 76.5M | 98.8M | 199.0M | 253.3M | 304.7M | 319.9M | |
| Other Operating Expenses | 315.5M | 341.3M | 516.7M | 633.4M | 687.9M | 722.3M | |
| Operating Income | 47.2M | 54.2M | 93.7M | 149.0M | 148.6M | 156.0M | |
| Ebit | 47.2M | 54.2M | 97.9M | 145.6M | 148.4M | 155.8M | |
| Ebitda | 58.8M | 67.2M | 117.0M | 167.1M | 170.5M | 179.0M | |
| Cost Of Revenue | 286.2M | 296.7M | 427.8M | 529.1M | 531.8M | 271.1M | |
| Total Operating Expenses | 29.3M | 44.6M | 88.9M | 104.3M | 156.1M | 163.9M | |
| Income Before Tax | 45.9M | 52.6M | 121.1M | 140.2M | 141.7M | 148.8M | |
| Total Other Income Expense Net | (1.3M) | (1.6M) | (5.3M) | (8.8M) | (6.9M) | (6.5M) | |
| Net Income | 38.8M | 40.3M | 91.3M | 109.5M | 107.5M | 112.8M | |
| Income Tax Expense | 7.1M | 12.3M | 30.3M | 31.3M | 34.6M | 36.3M | |
| Selling General Administrative | 26.5M | 41.9M | 72.8M | 74.6M | 91.4M | 96.0M | |
| Net Income Applicable To Common Shares | 38.5M | 40.1M | 90.6M | 108.6M | 124.9M | 131.1M | |
| Net Income From Continuing Ops | 38.8M | 40.3M | 90.8M | 108.9M | 107.1M | 112.5M | |
| Tax Provision | 7.1M | 12.3M | 30.3M | 31.3M | 34.6M | 20.0M | |
| Net Interest Income | (1.3M) | (1.6M) | (4.0M) | (5.5M) | (6.6M) | (6.3M) | |
| Reconciled Depreciation | 11.6M | 13.0M | 19.1M | 21.5M | 22.1M | 17.3M |
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When determining whether MGP Ingredients offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MGP Ingredients' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mgp Ingredients Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mgp Ingredients Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGP Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Distillers & Vintners space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGP Ingredients. If investors know MGP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGP Ingredients listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.845 | Dividend Share 0.48 | Earnings Share 4.82 | Revenue Per Share 33.38 | Quarterly Revenue Growth (0.24) |
The market value of MGP Ingredients is measured differently than its book value, which is the value of MGP that is recorded on the company's balance sheet. Investors also form their own opinion of MGP Ingredients' value that differs from its market value or its book value, called intrinsic value, which is MGP Ingredients' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGP Ingredients' market value can be influenced by many factors that don't directly affect MGP Ingredients' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGP Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGP Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGP Ingredients' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.