Mgp Ingredients (MGPI) Gross Margin (2010 - 2026)
Mgp Ingredients (MGPI) posted Gross Margin of 37.37% for Q2 2026, down 2.76 percentage points from 40.13% a year earlier but up 5.82 percentage points from the prior quarter.
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Analysis
Mgp Ingredients (MGPI) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Mgp Ingredients was 35.55%, down 4.16 percentage points year-over-year; for FY2025, it was 37.18%, down 3.51 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +12.20 percentage points (FY2020 to FY2025).
- In prior years, Mgp Ingredients' Gross Margin was 40.69% in FY2024 (+4.27 pp), 36.43% in FY2023 (+4.05 pp), 32.38% in FY2022 (+0.63 pp) and 31.75% in FY2021 (+6.77 pp).
- Quarterly Gross Margin has run from a low of 29.36% in Q3 2022 to a high of 43.62% in Q2 2024 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last six quarters, with an average year-over-year change of -1.65 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2021, with a gain of 9.83 percentage points; the weakest was Q4 2025, with a drop of 6.30 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 31.55% (Q1 2026), 34.89% (Q4 2025) and 37.76% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 373.72 Bn | 362.36 Bn | 8.42 Bn | 62.89% |
| 2 | Diageo | 207.56 Bn | 199.96 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 182.40 Bn | 182.40 Bn | 2.06 Bn | 47.09% |
| 4 | Pepsico | 175.65 Bn | 136.08 Bn | 13.11 Bn | 54.22% |
| 5 | Anheuser-Busch InBev | 133.55 Bn | 102.29 Bn | 9.58 Bn | 57.49% |
| 6 | Monster Beverage | 81.77 Bn | 70.02 Bn | 1.42 Bn | 55.95% |
| 7 | Coca-Cola Europacific Partners | 45.94 Bn | 39.18 Bn | - | - |
| 8 | Ambev | 45.55 Bn | 31.57 Bn | 2.06 Bn | 51.86% |
| 9 | Keurig Dr Pepper | 42.22 Bn | 42.46 Bn | 3.07 Bn | 41.95% |
| 10 | Mgp Ingredients | 285.63 Mn | 225.58 Mn | 46.47 Mn | 37.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.37% |
| Mar 31, 2026 | 31.55% |
| Dec 31, 2025 | 34.89% |
| Sep 30, 2025 | 37.76% |
| Jun 30, 2025 | 40.13% |
| Mar 31, 2025 | 35.62% |
| Dec 31, 2024 | 41.19% |
| Sep 30, 2024 | 40.76% |
| Jun 30, 2024 | 43.62% |
| Mar 31, 2024 | 36.82% |
| Dec 31, 2023 | 39.62% |
| Sep 30, 2023 | 34.71% |
| Jun 30, 2023 | 36.50% |
| Mar 31, 2023 | 34.74% |
| Dec 31, 2022 | 33.10% |
| Sep 30, 2022 | 29.36% |
| Jun 30, 2022 | 30.37% |
| Mar 31, 2022 | 36.79% |
| Dec 31, 2021 | 31.62% |
| Sep 30, 2021 | 32.32% |
API Access
Mgp Ingredients Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MGPI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MGPI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MGPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();