MGP Ingredients Inc (MGPI)
79.18
+1.28
(+1.64%)
USD |
NASDAQ |
Apr 25, 16:00
79.21
+0.03
(+0.04%)
After-Hours: 20:00
MGP Ingredients Gross Profit Margin (Quarterly): 39.62% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 39.62% |
| September 30, 2023 | 34.71% |
| June 30, 2023 | 36.50% |
| March 31, 2023 | 34.74% |
| December 31, 2022 | 33.10% |
| September 30, 2022 | 29.36% |
| June 30, 2022 | 30.37% |
| March 31, 2022 | 36.79% |
| December 31, 2021 | 31.62% |
| September 30, 2021 | 32.32% |
| June 30, 2021 | 32.48% |
| March 31, 2021 | 29.82% |
| December 31, 2020 | 31.44% |
| September 30, 2020 | 22.50% |
| June 30, 2020 | 22.37% |
| March 31, 2020 | 23.43% |
| December 31, 2019 | 23.32% |
| September 30, 2019 | 20.72% |
| June 30, 2019 | 21.57% |
| March 31, 2019 | 18.70% |
| December 31, 2018 | 24.42% |
| September 30, 2018 | 20.62% |
| June 30, 2018 | 22.03% |
| March 31, 2018 | 21.55% |
| December 31, 2017 | 22.14% |
| Date | Value |
|---|---|
| September 30, 2017 | 21.57% |
| June 30, 2017 | 21.95% |
| March 31, 2017 | 21.84% |
| December 31, 2016 | 21.67% |
| September 30, 2016 | 18.93% |
| June 30, 2016 | 19.32% |
| March 31, 2016 | 22.19% |
| December 31, 2015 | 19.33% |
| September 30, 2015 | 14.77% |
| June 30, 2015 | 20.54% |
| March 31, 2015 | 16.65% |
| December 31, 2014 | 7.88% |
| September 30, 2014 | 9.43% |
| June 30, 2014 | 10.31% |
| March 31, 2014 | 8.61% |
| December 31, 2013 | 10.24% |
| September 30, 2013 | 1.02% |
| June 30, 2013 | 6.65% |
| March 31, 2013 | 8.37% |
| December 31, 2012 | 8.59% |
| September 30, 2012 | 7.96% |
| June 30, 2012 | 6.92% |
| March 31, 2012 | 6.46% |
| September 30, 2011 | 3.67% |
| June 30, 2011 | -4.05% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
20.72%
Minimum
Sep 2019
39.62%
Maximum
Dec 2023
29.83%
Average
31.44%
Median
Dec 2020
Gross Profit Margin (Quarterly) Benchmarks
| Constellation Brands Inc | 48.58% |
| Keurig Dr Pepper Inc | 56.48% |
| Boston Beer Co Inc | 37.56% |
| The Vita Coco Co Inc | 37.50% |
| The Duckhorn Portfolio Inc | 56.59% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 13.45% |
| Return on Assets | 8.27% |
| Return on Invested Capital | 9.98% |
| Profit Margin (Quarterly) | 14.46% |
| Operating Margin (Quarterly) | 21.89% |
| Return on Net Operating Assets | 8.40% |