MGP Ingredients Inc (MGPI) - Net Assets
Based on the latest financial reports, MGP Ingredients Inc (MGPI) has net assets worth $716.79 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.24 Billion) and total liabilities ($519.07 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of MGP Ingredients Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $716.79 Million |
| % of Total Assets | 58.0% |
| Annual Growth Rate | 6.95% |
| 5-Year Change | 11.26% |
| 10-Year Change | 389.97% |
| Growth Volatility | 26.34 |
MGP Ingredients Inc - Net Assets Trend (1987–2025)
This chart illustrates how MGP Ingredients Inc's net assets have evolved over time, based on quarterly financial data. See how many days can MGP Ingredients Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for MGP Ingredients Inc (1987–2025)
The table below shows the annual net assets of MGP Ingredients Inc from 1987 to 2025. For live valuation and market cap data, see how much is MGP Ingredients Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $716.79 Million | -13.90% |
| 2024-12-31 | $832.54 Million | -1.95% |
| 2023-12-31 | $849.07 Million | +13.87% |
| 2022-12-31 | $745.64 Million | +15.74% |
| 2021-12-31 | $644.26 Million | +145.41% |
| 2020-12-31 | $262.53 Million | +13.63% |
| 2019-12-31 | $231.04 Million | +14.70% |
| 2018-12-31 | $201.44 Million | +19.39% |
| 2017-12-31 | $168.73 Million | +15.34% |
| 2016-12-31 | $146.29 Million | +25.94% |
| 2015-12-31 | $116.16 Million | +11.30% |
| 2014-12-31 | $104.36 Million | +27.89% |
| 2013-12-31 | $81.60 Million | -6.02% |
| 2012-12-31 | $86.83 Million | +19.29% |
| 2011-12-31 | $72.78 Million | 0.00% |
| 2010-12-31 | $72.78 Million | +13.93% |
| 2009-12-31 | $63.88 Million | -52.33% |
| 2008-12-31 | $134.01 Million | -9.54% |
| 2007-12-31 | $148.15 Million | +9.81% |
| 2006-12-31 | $134.91 Million | +9.08% |
| 2005-12-31 | $123.68 Million | +5.13% |
| 2004-12-31 | $117.65 Million | +8.58% |
| 2003-12-31 | $108.35 Million | +3.51% |
| 2002-12-31 | $104.68 Million | +1.98% |
| 2001-12-31 | $102.65 Million | +1.29% |
| 2000-12-31 | $101.34 Million | -3.85% |
| 1999-12-31 | $105.40 Million | -1.31% |
| 1998-12-31 | $106.80 Million | -1.66% |
| 1997-12-31 | $108.60 Million | -0.55% |
| 1996-12-31 | $109.20 Million | -3.02% |
| 1995-12-31 | $112.60 Million | -1.40% |
| 1994-12-31 | $114.20 Million | 0.00% |
| 1993-12-31 | $114.20 Million | +10.66% |
| 1992-12-31 | $103.20 Million | +6.72% |
| 1991-12-31 | $96.70 Million | +10.51% |
| 1990-12-31 | $87.50 Million | +10.62% |
| 1989-12-31 | $79.10 Million | +5.05% |
| 1988-12-31 | $75.30 Million | +34.95% |
| 1987-12-31 | $55.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MGP Ingredients Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 703.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $445.74 Million | 62.04% |
| Common Stock | $6.71 Million | 0.93% |
| Other Comprehensive Income | $-373.00K | -0.05% |
| Other Components | $266.36 Million | 37.07% |
| Total Equity | $718.44 Million | 100.00% |
MGP Ingredients Inc Competitors by Market Cap
The table below lists competitors of MGP Ingredients Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alantra Partners S.A.
MC:ALNT
|
$348.69 Million |
|
Bakkt Holdings Inc
NYSE:BKKT
|
$348.94 Million |
|
Caisse régionale de Crédit Agricole Mutuel d-Ille-et-Vilaine SC
PA:CIV
|
$348.99 Million |
|
KNOT Offshore Partners LP
NYSE:KNOP
|
$349.06 Million |
|
Dahu Aquaculture Co Ltd
SHG:600257
|
$348.58 Million |
|
Guangdong Liantai Environmental Protection Co Ltd
SHG:603797
|
$348.47 Million |
|
The Star Entertainment Group Limited
F:EE9
|
$348.40 Million |
|
Dalian Friendship Group Co Ltd
SHE:000679
|
$348.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MGP Ingredients Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 834,166,000 to 718,436,000, a change of -115,730,000 (-13.9%).
- Net loss of 107,809,000 reduced equity.
- Dividend payments of 10,325,000 reduced retained earnings.
- Share repurchases of 1,035,000 reduced equity.
- Other comprehensive income increased equity by 285,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-107.81 Million | -15.01% |
| Dividends Paid | $10.32 Million | -1.44% |
| Share Repurchases | $1.03 Million | -0.14% |
| Other Comprehensive Income | $285.00K | +0.04% |
| Other Changes | $3.15 Million | +0.44% |
| Total Change | $- | -13.87% |
Book Value vs Market Value Analysis
This analysis compares MGP Ingredients Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.49x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.14x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-12-31 | $3.18 | $16.32 | x |
| 1988-12-31 | $3.99 | $16.32 | x |
| 1989-12-31 | $4.00 | $16.32 | x |
| 1990-12-31 | $4.49 | $16.32 | x |
| 1991-12-31 | $4.94 | $16.32 | x |
| 1992-12-31 | $5.29 | $16.32 | x |
| 1993-12-31 | $5.82 | $16.32 | x |
| 1994-12-31 | $5.82 | $16.32 | x |
| 1995-12-31 | $5.74 | $16.32 | x |
| 1996-12-31 | $5.62 | $16.32 | x |
| 1997-12-31 | $4.83 | $16.32 | x |
| 1998-12-31 | $5.34 | $16.32 | x |
| 1999-12-31 | $5.27 | $16.32 | x |
| 2000-12-31 | $5.07 | $16.32 | x |
| 2001-12-31 | $6.17 | $16.32 | x |
| 2002-12-31 | $6.42 | $16.32 | x |
| 2003-12-31 | $6.94 | $16.32 | x |
| 2004-12-31 | $7.33 | $16.32 | x |
| 2005-12-31 | $7.56 | $16.32 | x |
| 2006-12-31 | $8.00 | $16.32 | x |
| 2007-12-31 | $8.79 | $16.32 | x |
| 2008-12-31 | $7.99 | $16.32 | x |
| 2009-12-31 | $3.85 | $16.32 | x |
| 2010-12-31 | $4.26 | $16.32 | x |
| 2011-12-31 | $4.35 | $16.32 | x |
| 2012-12-31 | $5.12 | $16.32 | x |
| 2013-12-31 | $4.78 | $16.32 | x |
| 2014-12-31 | $6.03 | $16.32 | x |
| 2015-12-31 | $6.78 | $16.32 | x |
| 2016-12-31 | $8.79 | $16.32 | x |
| 2017-12-31 | $10.08 | $16.32 | x |
| 2018-12-31 | $11.94 | $16.32 | x |
| 2019-12-31 | $13.58 | $16.32 | x |
| 2020-12-31 | $15.50 | $16.32 | x |
| 2021-12-31 | $30.73 | $16.32 | x |
| 2022-12-31 | $33.86 | $16.32 | x |
| 2023-12-31 | $38.36 | $16.32 | x |
| 2024-12-31 | $37.89 | $16.32 | x |
| 2025-12-31 | $33.63 | $16.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MGP Ingredients Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.10%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.72x
- Recent ROE (-15.01%) is below the historical average (5.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 18.10% | 8.09% | 1.35x | 1.66x | $4.52 Million |
| 1988 | 17.40% | 6.83% | 1.90x | 1.34x | $5.57 Million |
| 1989 | 10.62% | 4.57% | 1.76x | 1.32x | $490.00K |
| 1990 | 12.69% | 5.72% | 1.73x | 1.28x | $2.35 Million |
| 1991 | 13.96% | 5.95% | 1.85x | 1.27x | $3.83 Million |
| 1992 | 15.70% | 9.91% | 1.29x | 1.23x | $5.88 Million |
| 1993 | 13.92% | 8.55% | 1.11x | 1.47x | $4.48 Million |
| 1994 | 13.92% | 8.55% | 1.11x | 1.47x | $4.48 Million |
| 1995 | 2.93% | 1.83% | 1.02x | 1.57x | $-7.96 Million |
| 1996 | -3.11% | -1.75% | 1.13x | 1.58x | $-14.32 Million |
| 1997 | 0.09% | 0.04% | 1.36x | 1.52x | $-10.76 Million |
| 1998 | -2.06% | -0.99% | 1.36x | 1.54x | $-12.88 Million |
| 1999 | 1.23% | 0.60% | 1.37x | 1.49x | $-9.24 Million |
| 2000 | 4.83% | 2.11% | 1.55x | 1.48x | $-5.24 Million |
| 2001 | 2.59% | 1.16% | 1.34x | 1.66x | $-7.60 Million |
| 2002 | 5.98% | 2.92% | 1.29x | 1.59x | $-4.21 Million |
| 2003 | 4.76% | 2.68% | 1.11x | 1.60x | $-5.68 Million |
| 2004 | 8.05% | 3.50% | 1.43x | 1.61x | $-2.30 Million |
| 2005 | 3.24% | 1.46% | 1.40x | 1.59x | $-8.36 Million |
| 2006 | 10.37% | 4.34% | 1.58x | 1.52x | $503.80K |
| 2007 | 11.95% | 4.81% | 1.64x | 1.51x | $2.88 Million |
| 2008 | -8.76% | -2.99% | 1.74x | 1.69x | $-25.14 Million |
| 2009 | -108.20% | -25.05% | 1.90x | 2.27x | $-75.51 Million |
| 2010 | 12.01% | 4.33% | 1.67x | 1.66x | $1.46 Million |
| 2011 | -1.80% | -0.53% | 2.05x | 1.66x | $-8.59 Million |
| 2012 | 1.87% | 0.49% | 2.05x | 1.88x | $-7.06 Million |
| 2013 | -6.04% | -1.52% | 2.14x | 1.85x | $-13.09 Million |
| 2014 | 22.68% | 7.55% | 1.95x | 1.54x | $13.24 Million |
| 2015 | 22.55% | 7.99% | 1.69x | 1.67x | $14.57 Million |
| 2016 | 21.32% | 9.80% | 1.41x | 1.54x | $16.55 Million |
| 2017 | 24.79% | 12.04% | 1.45x | 1.42x | $24.95 Million |
| 2018 | 18.51% | 9.91% | 1.35x | 1.38x | $17.14 Million |
| 2019 | 16.79% | 10.69% | 1.12x | 1.40x | $15.69 Million |
| 2020 | 15.37% | 10.20% | 1.08x | 1.40x | $14.09 Million |
| 2021 | 14.16% | 14.57% | 0.60x | 1.62x | $26.83 Million |
| 2022 | 14.66% | 13.99% | 0.68x | 1.55x | $34.79 Million |
| 2023 | 12.64% | 12.85% | 0.60x | 1.64x | $22.43 Million |
| 2024 | 4.16% | 4.93% | 0.50x | 1.69x | $-48.75 Million |
| 2025 | -15.01% | -20.10% | 0.43x | 1.72x | $-179.65 Million |
Industry Comparison
This section compares MGP Ingredients Inc's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $123,462,129
- Average return on equity (ROE) among peers: -148.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MGP Ingredients Inc (MGPI) | $716.79 Million | 18.10% | 0.72x | $348.65 Million |
| Agencia Comercial Spirits Ltd Class A Ordinary Shares (AGCC) | $1.90 Million | 41.01% | 1.06x | $304.66 Million |
| AMASS Brands Inc. Common Stock (AMSS) | $-634.52K | 0.00% | 0.00x | $33.54 Million |
| Brown-Forman Corporation (BF-A) | $577.90 Million | 15.50% | 0.83x | $4.50 Billion |
| Brown-Forman Corporation (BF-B) | $516.40 Million | 16.73% | 1.01x | $7.72 Billion |
| Heritage Distilling Holding Company, Inc. Common Stock (CASK) | $791.77K | 89.73% | 34.36x | $125.83 Million |
| Epsium Enterprise Limited Ordinary Shares (EPSM) | $2.95 Million | 35.36% | 1.05x | $4.37 Million |
| Innovation Beverage Group Limited (IBG) | $295.70K | -1395.93% | 14.43x | $1.50 Million |
| Splash Beverage Group Inc (SBEV) | $39.67K | -123.13% | 7.96x | $561.46K |
| SNDL Inc. (SNDL) | $11.52 Million | -13.41% | 0.10x | $368.23 Million |
About MGP Ingredients Inc
MGP Ingredients, Inc. produces and supplies distilled spirits, branded spirits, and food ingredients worldwide. It operates in three segments: Distillery Solutions, Branded Spirits, and Ingredient Solutions. The Distillery Solutions segment processes corn and other grains, including rye, barley, wheat, barley malt, and milo into food grade alcohol and distillery co-products, such as dried distill… Read more