Mgp Ingredients (MGPI) Tax Rate (2010 - 2026)
Mgp Ingredients (MGPI) reported Tax Rate of 20.32% for Q2 2026, down 2.67 percentage points from 22.99% a year earlier and down 2.50 percentage points from the prior quarter.
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Analysis
Mgp Ingredients (MGPI) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mgp Ingredients' Tax Rate came in at 12.41%, down 130.35 percentage points year-over-year; for FY2025, it was -7.46%, down 57.10 percentage points from FY2024.
- Tax Rate has a five-year change of -30.76 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 49.64% in FY2024 (+25.22 pp), 24.42% in FY2023 (+2.09 pp), 22.33% in FY2022 (-2.67 pp) and 25.00% in FY2021 (+1.70 pp).
- Five-year quarterly Tax Rate spans a low of -31.47% in Q4 2024 and a high of 26.78% in Q4 2021.
- Year over year, Tax Rate gained in two of the last eight quarters, with an average year-over-year change of -3.77 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2026 (a gain of 50.95 percentage points); the low point was Q4 2024 (a drop of 55.43 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.82% (Q1 2026), 1.30% (Q4 2025) and 21.70% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 368.60 Bn | 357.24 Bn | 8.42 Bn | 18.94% |
| 2 | Diageo | 206.17 Bn | 198.57 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 179.07 Bn | 179.07 Bn | 2.06 Bn | 29.65% |
| 4 | Pepsico | 171.83 Bn | 132.26 Bn | 13.11 Bn | 22.01% |
| 5 | Anheuser-Busch InBev | 131.95 Bn | 100.69 Bn | 9.58 Bn | - |
| 6 | Monster Beverage | 84.12 Bn | 72.37 Bn | 1.42 Bn | 23.91% |
| 7 | Ambev | 46.97 Bn | 32.99 Bn | 2.06 Bn | - |
| 8 | Coca-Cola Europacific Partners | 45.38 Bn | 38.63 Bn | - | - |
| 9 | Keurig Dr Pepper | 41.33 Bn | 41.57 Bn | 3.07 Bn | 31.15% |
| 10 | Mgp Ingredients | 273.86 Mn | 213.80 Mn | 46.47 Mn | 20.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.32% |
| Sep 30, 2025 | 21.70% |
| Jun 30, 2025 | 22.99% |
| 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% |
| Jun 30, 2021 | 24.22% |
| Mar 31, 2021 | 23.03% |
| Dec 31, 2020 | 23.73% |
| Sep 30, 2020 | 21.61% |
API Access
Mgp Ingredients Tax Rate 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=tax-rate&ticker=MGPI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MGPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();