MGP Ingredients Inc (MGPI)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 34,406 | 107,435 | 96,998 | 97,039 | 107,475 | 99,065 | 109,474 | 102,691 | 108,739 | 117,710 | 117,791 | 112,433 | 90,595 | 70,530 | 57,141 | 45,589 | 40,084 | 41,386 | 39,235 | 38,662 |
| Revenue (ttm) | US$ in thousands | 703,625 | 737,717 | 787,880 | 806,076 | 836,523 | 812,630 | 802,152 | 788,133 | 782,358 | 758,210 | 733,675 | 713,632 | 626,720 | 560,788 | 487,141 | 404,762 | 395,521 | 387,069 | 374,790 | 372,731 |
| Net profit margin | 4.89% | 14.56% | 12.31% | 12.04% | 12.85% | 12.19% | 13.65% | 13.03% | 13.90% | 15.52% | 16.05% | 15.76% | 14.46% | 12.58% | 11.73% | 11.26% | 10.13% | 10.69% | 10.47% | 10.37% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $34,406K ÷ $703,625K
= 4.89%
The net profit margin of MGP Ingredients Inc has displayed some fluctuations over the analyzed periods. It stood at around 10% to 12% between March 2020 and June 2022, showing a gradual increasing trend. The margin peaked at 16.05% in June 2022, indicating the company's efficiency in generating profits relative to its revenue.
However, from September 2022 to December 2024, the net profit margin experienced more variability, ranging from 12% to 15.52%. Even though there was a noticeable peak of 15.52% in September 2022, the margin began to decrease and reached its lowest point at 4.89% in December 2024. This sharp decline in profitability may indicate challenges or changes within the company's operations or external market conditions.
Overall, while the net profit margin of MGP Ingredients Inc showed a generally positive trend in the earlier periods, the later periods revealed more inconsistency and volatility in profitability levels. It is important for investors and stakeholders to closely monitor these fluctuations and investigate the underlying reasons to assess the company's financial health and sustainability.