10x Insights
Loading account…
Companies / Consumer Discretionary / MGP INGREDIENTS INC
MGPI

MGP INGREDIENTS INC

Consumer DiscretionaryWholesale
Ticker MGPIATCHISON, KSFiscal year ends DecemberBook value per share $27.59Diluted shares 21.4M

MGP Ingredients, Inc. (NASDAQ: MGPI) operates as a leading producer of branded and distilled spirits alongside food ingredient solutions. The company, which traces its origins to a business founded in Atchison, Kansas in 1941 and was incorporated in its current form in 2011, maintains its corporate presence at… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$536.38M
−23.8% year over year
Last 12 mo $500.01M
-17.64%
−28.2 percentage points
Last 12 mo -53.95%
$-107.83M
−412.9% year over year
Last 12 mo $-242.00M
-15.01%
−23.3 percentage points
Last 12 mo -40.96%
Cash & financing
$121.53M
+18.8% year over year
Last 12 mo $24.44M
$76.04M
+144.5% year over year
Last 12 mo $0.89M
0.35
Was 0.39× a year earlier
Last 12 mo 0.63
21.4M
−3.0% year over year
Last 12 mo 21.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What MGP INGREDIENTS INC does

In the company’s own words

MGP Ingredients, Inc. (NASDAQ: MGPI) operates as a leading producer of branded and distilled spirits alongside food ingredient solutions. The company, which traces its origins to a business founded in Atchison, Kansas in 1941 and was incorporated in its current form in 2011, maintains its corporate presence at www.mgpingredients.com.

The company operates through three primary reportable segments. The Branded Spirits segment encompasses a diverse portfolio of high-quality spirits brands produced through company-owned distilleries and bottling facilities, sold to distributors and state-controlled agencies. This segment includes premium plus offerings such as Penelope Bourbon, Yellowstone Bourbon, and Rebel Bourbon, alongside mid-tier brands like Brady's Irish Cream and value-tier products including Arrow Cordials. The Distilling Solutions segment processes corn and other grains into food-grade alcohol and distillery co-products at facilities in Lawrenceburg, Indiana and Bardstown, Kentucky, while providing warehouse services for aged spirits. The Ingredient Solutions segment produces specialty wheat starches, specialty wheat proteins, commodity wheat starches, and commodity wheat proteins marketed under brands including Fibersym and Arise, serving food processors and manufacturers globally.

As of December 31, 2025, MGP employed 617 people across its operations. The company maintains visitor centers with retail locations at Lux Row Distillers in Bardstown, Kentucky and Limestone Branch Distillery in Lebanon, Kentucky. Approximately 197 employees are unionized across three collective bargaining agreements.

MGP's competitive positioning rests on product innovation, brand recognition, quality factors including flavor profiles, and distribution capabilities. The company holds trademark protection for the majority of brands produced within its Branded Spirits and Ingredient Solutions segments and maintains patent protections for various inventions developed in its Ingredient Solutions research and development efforts. The company's diversified product portfolio spans multiple price tiers and consumer segments, with operations extending internationally through joint ventures in Mexico for tequila production and operations in Northern Ireland.

Company details
Sector
Consumer Discretionary
Industry
Wholesale
Headquarters
ATCHISON, KS
Fiscal year end
December
CIK
835011
SIC
5180

Financial performance, year by year

Fiscal 2013–2025 · USD
$-349.85M$-26.30M$297.26M$620.82M$944.38M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns MGP INGREDIENTS INC — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

156
funds hold it
0 of 35
superinvestors hold it
$93.30M
held by funds, at market
23.5%
of shares held by funds
1
bond issues held by funds

Largest fund holders · MGP INGREDIENTS INC’s weight in each

Federated Hermes MDT Small Cap Core Fund
QASCX · Federated Hermes MDT Series
0.65%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
Columbia Small Cap Value Discovery Fund
CSMIX · COLUMBIA FUNDS SERIES TRUST I
0.26%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

MGP INGREDIENTS INC’s bonds, as funds hold them

Funds report holding 1 issues of MGP INGREDIENTS INC’s debt, $28.96M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 1.88%, maturing 2041 to 2041.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do MGP INGREDIENTS INC and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of MGP INGREDIENTS INC's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in MGP INGREDIENTS INC's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.