MGPI (MGP Ingredients) Tax Rate %: 20.32% (As of Jun. 2026)

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MGPI MGP Ingredients Inc MGPI
57 GF Score
Price $17.68
GF Value $25.13
Valuation Possible Value Trap
! 6 Warning Signs
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What is MGP Ingredients Tax Rate %?

MGP Ingredients MGPI +3.27% 57 Tax Rate % is 20.32% as of Jun. 2026. GuruFocus rates MGPI with a GF Score™ of 57/100 and a GF Value™ of $25.13 (Possible Value Trap). The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MGP Ingredients's Tax Expense for the three months ended in Jun. 2026 was $3.1 Mil. MGP Ingredients's Pre-Tax Income for the three months ended in Jun. 2026 was $15.1 Mil. Therefore, MGP Ingredients's Tax Rate % for the quarter that ended in Jun. 2026 was 20.32%.

MGP Ingredients Tax Rate % Related Terms

MGP Ingredients Tax Rate % Historical Data

* Premium members only.

The historical data trend for MGP Ingredients's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MGP Ingredients Tax Rate % Chart

MGP Ingredients Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.00 22.33 24.42 49.64 -7.46

MGP Ingredients Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.99 21.70 1.30 22.82 20.32
MGPI
57GF Score
MGP Ingredients Inc MGPI
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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MGP Ingredients Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

MGP Ingredients's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=7.482/-100.35
=-7.46 %

MGP Ingredients's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=3.063/15.072
=20.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 20.32% mean?
MGP Ingredients (MGPI) has a Tax Rate % of 20.32% as of Jun. 2026.
Is MGP Ingredients' Tax Rate % too high?
MGP Ingredients' current Tax Rate % is 20.32%. Overall, MGP Ingredients has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MGP Ingredients' Tax Rate % compare to AGCC and SNDL?
MGP Ingredients' Tax Rate % of 20.32% can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Beverages - Alcoholic company?
A good Tax Rate % depends on the Beverages - Alcoholic industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. MGP Ingredients's current Tax Rate % is 20.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGP Ingredients stock overvalued right now?
Based on GuruFocus' analysis, MGP Ingredients (MGPI) is currently considered Possible Value Trap. The stock's GF Value™ is $25.13, compared to a current price of $17.68 — trading 29.6% below its estimated fair value. The current Tax Rate % is 20.32%. MGP Ingredients' overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For MGP Ingredients (MGPI), the current Tax Rate % is 20.32% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MGP Ingredients (MGPI) Overvalued in 2026?

Based on GuruFocus' analysis, MGP Ingredients stock appears to be undervalued. The current stock price of $17.68 is trading 29.6% below its estimated GF Value™ of $25.13. GuruFocus considers MGP Ingredients to be Possible Value Trap.

Key valuation signals for MGPI:

  • Tax Rate %: 20.32%
  • GF Value™: $25.13 vs. price of $17.68 (29.6% below fair value)
  • GF Score™: 57/100 with 6 warning signs

No single metric tells the full story. See the MGPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MGP Ingredients Business Description

Address 100 Commercial Street, Box 130, Atchison, KS, USA, 66002
MGP Ingredients Inc is a producer and supplier of distilled spirits, specialty wheat protein, and starch food ingredients based in the United States. It operates in three reportable segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Maximum revenue is generated from the Branded Spirits segment, which consists of a portfolio of brands that it produces through its distilleries and bottling facilities and sells to distributors or to state governments that directly control the sale of alcohol. MGP's branded spirits include various brands across numerous categories and price tiers, such as Penelope Bourbon, Yellowstone Bourbon, Minor Case Straight Rye Whiskey, Brady's Irish Cream, Exotico Tequila, Arrow Cordials, Canada House Canadian Whisky, Lady Bligh Rum, etc.
57GF Score

Get the complete analysis for MGPI

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.68
Price
$25.13
GF Value