Mgp Ingredients (MGPI) Operating Margin (2010 - 2026)
Mgp Ingredients (MGPI) posted quarterly Operating Margin of 14.19% for Q2 2026, up 23.0% year-over-year from 11.54% in Q2 2025, and up 108.72% quarter-over-quarter from 162.74% in Q1 2026.
Mgp Ingredients (MGPI) Operating Margin (2010 - 2026) Analysis & Trends
Mgp Ingredients (MGPI) has reported Operating Margin for 17 consecutive years, with 14.19% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin rose 23.0% year-over-year to 14.19%; the TTM figure through Jun 2026 stood at 53.95% (down 5751.0% YoY), while the FY2025 annual figure was 17.64%, down 2822.0% from the prior year.
- Operating Margin improved to 14.19% in Q2 2026 per MGPI's latest filing, from 162.74% in the prior quarter.
- Across five years, Operating Margin topped out at 25.65% in Q1 2022 and bottomed at 162.74% in Q1 2026.
- Historically, Operating Margin has averaged 1.47% across 5 years, with a median of 16.44% in 2022.
- Annual changes were most pronounced in 2024 — Operating Margin soared 1079 bps — and 2026, when it slumped 16213 bps.
- Mgp Ingredients' Operating Margin stood at 15.56% in 2022, then advanced by 29 bps to 20.04% in 2023, then tumbled by 184 bps to 16.84% in 2024, then slumped by 481 bps to 97.75% in 2025, then jumped by 115 bps to 14.19% in 2026.
- Business Quant data shows MGPI's Operating Margin at 14.19% in Q2 2026, 162.74% in Q1 2026, and 97.75% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 209.00 Bn | 202.19 Bn | - | - |
| 2 | Brown Forman | 13.48 Bn | 13.18 Bn | 571.00 Mn | 8.28% |
| 3 | Mgp Ingredients | 381.72 Mn | 363.93 Mn | 46.47 Mn | 14.19% |
| 4 | Agencia Comercial Spirits | 231.21 Mn | 215.39 Mn | - | - |
| 5 | Crimson Wine | 87.49 Mn | 75.65 Mn | 8.62 Mn | 0.18% |
| 6 | Epsium Enterprise | 12.99 Mn | 7.20 Mn | - | - |
| 7 | Willamette Valley Vineyards | 11.05 Mn | 11.05 Mn | - | - |
| 8 | Splash Beverage | 498,408.51 | 117,213.51 | 1,848.00 | -23,176.37% |
| 9 | LQR House | 395,274.71 | -4.07 Mn | -22,236.00 | -1,305.95% |
| 10 | Sndl | 347,031.42 | -146.62 Mn | 40.74 Mn | -3.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.19% |
| Mar 31, 2026 | -162.74% |
| Dec 31, 2025 | -97.75% |
| Sep 30, 2025 | 16.05% |
| Jun 30, 2025 | 13.96% |
| Mar 31, 2025 | -0.61% |
| Dec 31, 2024 | -16.84% |
| Sep 30, 2024 | 20.17% |
| Jun 30, 2024 | 22.74% |
| Mar 31, 2024 | 16.95% |
| Dec 31, 2023 | 20.04% |
| Sep 30, 2023 | 9.37% |
| Jun 30, 2023 | 21.12% |
| Mar 31, 2023 | 20.68% |
| Dec 31, 2022 | 15.56% |
| Sep 30, 2022 | 16.84% |
| Jun 30, 2022 | 18.11% |
| Mar 31, 2022 | 25.65% |
| Dec 31, 2021 | 27.16% |
| Sep 30, 2021 | 18.62% |