MGP Ingredients Inc (MGPI)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 84,149 | 157,663 | 144,938 | 140,258 | 148,613 | 129,077 | 143,102 | 134,265 | 142,786 | 164,566 | 163,586 | 155,943 | 126,363 | 96,590 | 77,358 | 61,033 | 54,241 | 54,949 | 52,901 | 52,437 |
| 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 |
| Operating profit margin | 11.96% | 21.37% | 18.40% | 17.40% | 17.77% | 15.88% | 17.84% | 17.04% | 18.25% | 21.70% | 22.30% | 21.85% | 20.16% | 17.22% | 15.88% | 15.08% | 13.71% | 14.20% | 14.11% | 14.07% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $84,149K ÷ $703,625K
= 11.96%
MGP Ingredients Inc's operating profit margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at 14.07% in March 2020, gradually increased to 22.30% by June 2022, indicating improved operational efficiency and profitability.
However, there was a slight decline to 18.25% by December 2022, followed by fluctuations between 15% and 20% until September 2024. The company achieved its highest operating profit margin of 21.37% in September 2024.
Nevertheless, there was a notable decrease to 11.96% by December 31, 2024, suggesting a potential decline in profitability or challenges faced by the company during that period.
Overall, MGP Ingredients Inc's operating profit margin trends indicate both positive and negative fluctuations, highlighting the importance of monitoring and analyzing factors affecting profitability to make informed business decisions.