MGP Ingredients (FRA:M1I) Total Operating Expense: €97.8 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:M1I MGP Ingredients Inc FRA:M1I
57 GF Score
Price €14.50
GF Value €26.52
! 7 Warning Signs
View Full Analysis

What is MGP Ingredients Total Operating Expense?

MGP Ingredients FRA:M1I +2.84% 57 Total Operating Expense is €97.8 Mil as of Mar. 2026. GuruFocus rates FRA:M1I with a GF Score™ of 57/100 and a GF Value™ of €26.52. The stock has 7 warning signs investors should review.

MGP Ingredients's Total Operating Expense for the three months ended in Mar. 2026 was €23.6 Mil. MGP Ingredients's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €97.8 Mil.

MGP Ingredients Total Operating Expense Related Terms

MGP Ingredients Total Operating Expense Historical Data

* Premium members only.

The historical data trend for MGP Ingredients's Total Operating Expense 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 Total Operating Expense Chart

MGP Ingredients Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.70 98.50 118.85 116.41 98.98

MGP Ingredients Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 27.17 26.07 21.83 26.34 23.58
FRA:M1I
57GF Score
MGP Ingredients Inc FRA:M1I
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MGP Ingredients Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €97.8 Mil.

* 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.

What does a Total Operating Expense of €97.8 Mil mean?
MGP Ingredients (FRA:M1I) has a Total Operating Expense of €97.8 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on MGP Ingredients and its competitors.
Is MGP Ingredients' Total Operating Expense too high?
MGP Ingredients' current Total Operating Expense is €97.8 Mil. Overall, MGP Ingredients has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does MGP Ingredients' Total Operating Expense compare to SNDL and AGCC?
MGP Ingredients' Total Operating Expense of €97.8 Mil 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 Total Operating Expense for a Beverages - Alcoholic company?
A good Total Operating Expense depends on the Beverages - Alcoholic industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on MGP Ingredients and its competitors. MGP Ingredients's current Total Operating Expense is €97.8 Mil. 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?
MGP Ingredients (FRA:M1I) has a current Total Operating Expense of €97.8 Mil. The stock's GF Value™ is €26.52, compared to a current price of €14.50 — trading 45.3% below its estimated fair value. The current Total Operating Expense is €97.8 Mil. MGP Ingredients' overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For MGP Ingredients (FRA:M1I), the current Total Operating Expense is €97.8 Mil as of Mar. 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 (FRA:M1I) Overvalued in 2026?

Based on GuruFocus' analysis, MGP Ingredients stock appears to be undervalued. The current stock price of €14.50 is trading 45.3% below its estimated GF Value™ of €26.52.

Key valuation signals for FRA:M1I:

  • Total Operating Expense: €97.8 Mil
  • GF Value™: €26.52 vs. price of €14.50 (45.3% below fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the FRA:M1I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MGP Ingredients Business Description

Other Exchanges MGPI:USA
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 FRA:M1I

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.50
Price
€26.52
GF Value