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Mgp Ingredients Inc. (MGPI) Stock Fundamental Analysis & AI Rating 2026

MGPI Nasdaq Wholesale-Beer, Wine & Distilled Alcoholic Beverages KS CIK: 0000835011
Updated This Month • Analysis: Apr 1, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
84% Confidence
STRONG AGREEMENT
SELL
85% Conf
SELL
82% Conf

📊 MGPI Key Takeaways

Revenue: $536.4M
Net Margin: -20.1%
Free Cash Flow: $76.0M
Current Ratio: 2.61x
Debt/Equity: 0.36x
EPS: $-4.99
AI Rating: SELL with 85% confidence
Mgp Ingredients Inc. (MGPI) receives a SELL rating with 84% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $536.4M, net profit margin of -20.1%, and return on equity (ROE) of -15.0%, Mgp Ingredients Inc. demonstrates mixed fundamentals in the Consumer sector. Below is our complete MGPI stock analysis for 2026.

Is Mgp Ingredients Inc. (MGPI) a Good Investment?

Claude

MGP Ingredients is experiencing severe operational distress with massive losses despite maintaining strong cash generation, indicating structural profitability challenges rather than temporary headwinds. Revenue decline of 23.8% YoY combined with negative operating margin of -17.6% and negative net margin of -20.1% suggests fundamental business deterioration in a competitive wholesale beverage sector. While liquidity and leverage metrics remain adequate, the company is burning through operational value and must demonstrate a credible path to profitability or risk equity value erosion.

ChatGPT

MGP Ingredients shows weakening fundamentals: revenue fell 23.8% year over year and profitability turned deeply negative, with a -17.6% operating margin and -20.1% net margin. The balance sheet is still relatively sound, with solid liquidity and modest leverage, and free cash flow remains positive, but current cash generation does not outweigh the severity of the earnings deterioration. Until revenue stabilizes and margins recover, the fundamental profile remains unfavorable.

Why Buy Mgp Ingredients Inc. Stock? MGPI Key Strengths

Claude
  • + Strong liquidity position with current ratio of 2.61x and quick ratio of 2.40x, indicating ability to meet short-term obligations
  • + Positive free cash flow of 76.0M despite operating losses, with FCF margin of 14.2% providing financial cushion
  • + Conservative leverage with debt-to-equity ratio of 0.36x and manageable debt load of 260.1M relative to 1.2B in assets
ChatGPT
  • + Positive operating cash flow and free cash flow despite reported net losses
  • + Strong liquidity with 2.61x current ratio and 2.40x quick ratio
  • + Moderate leverage with debt-to-equity of 0.36x and substantial equity base

MGPI Stock Risks: Mgp Ingredients Inc. Investment Risks

Claude
  • ! Severe profitability collapse with net margin of -20.1% and operating margin of -17.6%, destroying shareholder value on every dollar of sales
  • ! Revenue contraction of 23.8% YoY indicating loss of market share or demand deterioration in the wholesale alcoholic beverages sector
  • ! Negative interest coverage of -13.4x shows inability to cover debt service from operations, relying entirely on asset liquidation and existing cash reserves
  • ! Shareholder equity erosion with ROE of -15.0% and ROA of -8.7%, signaling continued value destruction
ChatGPT
  • ! Sharp 23.8% revenue decline indicates significant top-line pressure
  • ! Deeply negative operating and net margins suggest major earnings quality and cost absorption issues
  • ! Negative interest coverage signals weak earnings support for debt servicing

Key Metrics to Watch

Claude
  • * Revenue trend stabilization and return to positive growth
  • * Operating margin recovery path and timeline to profitability
  • * Operating cash flow sustainability as losses continue to accumulate
  • * Debt service capacity and covenant compliance under continued losses
ChatGPT
  • * Revenue growth stabilization and segment-level sales mix
  • * Operating margin recovery and sustained free cash flow conversion

Mgp Ingredients Inc. (MGPI) Financial Metrics & Key Ratios

Revenue
$536.4M
Net Income
$-107.8M
EPS (Diluted)
$-4.99
Free Cash Flow
$76.0M
Total Assets
$1.2B
Cash Position
$18.5M

💡 AI Analyst Insight

Strong liquidity with a 2.61x current ratio provides a solid financial cushion.

MGPI Profit Margin, ROE & Profitability Analysis

Gross Margin 37.2%
Operating Margin -17.6%
Net Margin -20.1%
ROE -15.0%
ROA -8.7%
FCF Margin 14.2%

MGPI vs Consumer Sector: How Mgp Ingredients Inc. Compares

How Mgp Ingredients Inc. compares to Consumer sector averages

Net Margin
MGPI -20.1%
vs
Sector Avg 8.0%
MGPI Sector
ROE
MGPI -15.0%
vs
Sector Avg 18.0%
MGPI Sector
Current Ratio
MGPI 2.6x
vs
Sector Avg 1.5x
MGPI Sector
Debt/Equity
MGPI 0.4x
vs
Sector Avg 0.8x
MGPI Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Mgp Ingredients Inc. Stock Overvalued? MGPI Valuation Analysis 2026

Based on fundamental analysis, Mgp Ingredients Inc. has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
-15.0%
Sector avg: 18%
Net Profit Margin
-20.1%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.36x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Mgp Ingredients Inc. Balance Sheet: MGPI Debt, Cash & Liquidity

Current Ratio
2.61x
Quick Ratio
2.40x
Debt/Equity
0.36x
Debt/Assets
42.0%
Interest Coverage
-13.43x
Long-term Debt
$260.1M

MGPI Revenue & Earnings Growth: 5-Year Financial Trend

MGPI 5-year financial data: Year 2021: Revenue $626.7M, Net Income $38.8M, EPS $2.27. Year 2022: Revenue $782.4M, Net Income $40.3M, EPS $2.37. Year 2023: Revenue $836.5M, Net Income $91.3M, EPS $4.37. Year 2024: Revenue $836.5M, Net Income $109.5M, EPS $4.92. Year 2025: Revenue $836.5M, Net Income $107.5M, EPS $4.80.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Mgp Ingredients Inc.'s revenue has grown significantly by 33% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.80 reflects profitable operations.

MGPI Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
14.2%
Free cash flow / Revenue

MGPI Quarterly Earnings & Performance

Quarterly financial performance data for Mgp Ingredients Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $130.9M $15.4M $0.71
Q2 2025 $145.5M $11.4M $0.53
Q1 2025 $121.7M -$3.0M $-0.14
Q3 2024 $161.5M $13.2M $0.58
Q2 2024 $190.8M $32.1M $1.43
Q1 2024 $170.6M $20.6M $0.92
Q3 2023 $201.1M $13.2M $0.58
Q2 2023 $195.0M $25.6M $1.15

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Mgp Ingredients Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$121.5M
Cash generated from operations
Stock Buybacks
$1.0M
Shares repurchased (TTM)
Capital Expenditures
$45.5M
Investment in assets
Dividends Paid
$10.3M
Returned to shareholders

MGPI SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Mgp Ingredients Inc. (CIK: 0000835011)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 DEF 14A mgpi-20260409.htm View →
Apr 7, 2026 8-K mgpi-20260407.htm View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775161605.xml View →
Mar 6, 2026 4 xslF345X05/wk-form4_1772837657.xml View →
Mar 6, 2026 4 xslF345X05/wk-form4_1772837560.xml View →

Frequently Asked Questions about MGPI

What is the AI rating for MGPI?

Mgp Ingredients Inc. (MGPI) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 84% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are MGPI's key strengths?

Claude: Strong liquidity position with current ratio of 2.61x and quick ratio of 2.40x, indicating ability to meet short-term obligations. Positive free cash flow of 76.0M despite operating losses, with FCF margin of 14.2% providing financial cushion. ChatGPT: Positive operating cash flow and free cash flow despite reported net losses. Strong liquidity with 2.61x current ratio and 2.40x quick ratio.

What are the risks of investing in MGPI?

Claude: Severe profitability collapse with net margin of -20.1% and operating margin of -17.6%, destroying shareholder value on every dollar of sales. Revenue contraction of 23.8% YoY indicating loss of market share or demand deterioration in the wholesale alcoholic beverages sector. ChatGPT: Sharp 23.8% revenue decline indicates significant top-line pressure. Deeply negative operating and net margins suggest major earnings quality and cost absorption issues.

What is MGPI's revenue and growth?

Mgp Ingredients Inc. reported revenue of $536.4M.

Does MGPI pay dividends?

Mgp Ingredients Inc. pays dividends, with $10.3M distributed to shareholders in the trailing twelve months.

Where can I find MGPI SEC filings?

Official SEC filings for Mgp Ingredients Inc. (CIK: 0000835011) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is MGPI's EPS?

Mgp Ingredients Inc. has a diluted EPS of $-4.99.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is MGPI a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Mgp Ingredients Inc. has a SELL rating with 84% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is MGPI stock overvalued or undervalued?

Valuation metrics for MGPI: ROE of -15.0% (sector avg: 18%), net margin of -20.1% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

Should I buy MGPI stock in 2026?

Our dual AI analysis gives Mgp Ingredients Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is MGPI's free cash flow?

Mgp Ingredients Inc.'s operating cash flow is $121.5M, with capital expenditures of $45.5M. FCF margin is 14.2%.

How does MGPI compare to other Consumer stocks?

Vs Consumer sector averages: Net margin -20.1% (avg: 8%), ROE -15.0% (avg: 18%), current ratio 2.61 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 1, 2026 | Data as of: 2025-12-31 | Powered by Claude AI