Mgp Ingredients MGPI
NASDAQ MGPI
$15.10 +0.01 (+0.07%)
As of: Sep 10, 2026 · 3:59 PM EDT

Mgp Ingredients (MGPI) Tax Rate (2010 - 2026)

Mgp Ingredients' (MGPI) quarterly Tax Rate came in at 20.32% in Q2 2026, down 267.0% year-over-year from 12.17% in Q2 2025, and down 10.96% quarter-over-quarter from 22.82% in Q1 2026.

Analysis

Mgp Ingredients (MGPI) Tax Rate (2010 - 2026) Analysis & Trends

Mgp Ingredients (MGPI) has reported Tax Rate for 17 consecutive years, with 20.32% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Tax Rate fell 267.0% year-over-year to 20.32% in Q2 2026; TTM through Jun 2026 was 12.41%, a 13035.0% decrease from a year earlier, with the FY2025 full-year figure at 7.46%, down 5710.0% from the prior year.
  • Tax Rate was 20.32% for Q2 2026 at Mgp Ingredients, down from 22.82% in the prior quarter.
  • Over five years, Tax Rate peaked at 25.26% in Q2 2023 and troughed at 31.47% in Q4 2024.
  • A 5-year average of 15.97% and a median of 23.0% in 2022 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate tumbled 5543 bps in 2024 and soared 5095 bps in 2026, its largest moves.
  • Over 5 years, Tax Rate stood at 18.95% in 2022, then gained by 26 bps to 23.96% in 2023, then plunged by 231 bps to 31.47% in 2024, then jumped by 104 bps to 1.3% in 2025, then jumped by 1463 bps to 20.32% in 2026.
  • The last three Tax Rate figures came in at 20.32% (Q2 2026), 22.82% (Q1 2026), and 1.3% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Brown Forman 12.37 Bn 12.07 Bn 549.00 Mn 23.14%
2 Mgp Ingredients 322.89 Mn 305.10 Mn 46.47 Mn 20.32%
3 Agencia Comercial Spirits 217.05 Mn 201.22 Mn - -
4 Crimson Wine 92.64 Mn 80.79 Mn 8.62 Mn 24.95%
5 Beeline Holdings 15.21 Mn 13.51 Mn - -
6 Willamette Valley Vineyards 10.76 Mn 10.76 Mn - -
7 Endovia Health Sciences 778,792.34 536,090.34 - -
8 LQR House 301,948.67 -7.03 Mn 45,902.00 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.32%
Mar 31, 2026 22.82%
Dec 31, 2025 1.30%
Sep 30, 2025 21.70%
Jun 30, 2025 22.99%
Mar 31, 2025 -28.12%
Dec 31, 2024 -31.47%
Sep 30, 2024 24.05%
Jun 30, 2024 24.00%
Mar 31, 2024 23.33%
Dec 31, 2023 23.96%
Sep 30, 2023 25.04%
Jun 30, 2023 25.26%
Mar 31, 2023 23.73%
Dec 31, 2022 18.95%
Sep 30, 2022 24.17%
Jun 30, 2022 22.44%
Mar 31, 2022 23.00%
Dec 31, 2021 26.78%
Sep 30, 2021 24.48%