Company / Income Tax
MGP INGREDIENTS INC Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$7.5M
FY2025
5-year range
$7.5M / $34.6M
FY2021-FY2025
Trend
-78.0%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Income Tax has fluctuated over the past 10 years, ranging from $2M in FY2016 to $35M in FY2023.
Based on SEC 10-K filings.
$7M in FY2025 with a 5-year CAGR of -9.4%.
Improved from $35M to $7M over the past 2 years.
Income Tax over time
Growth rates
- 3-Year CAGR
- -37.9%
- 5-Year CAGR
- -9.4%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -9.4%, indicating a declining trend.
- In FY2025, income tax decreased 78.0% year-over-year.
- Peak income tax was recorded in FY2023.
- Lowest income tax in the period was in FY2016.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $7.5M | -78.0% |
| FY2024 | $34.0M | -1.8% |
| FY2023 | $34.6M | +10.6% |
| FY2022 | $31.3M | +3.4% |
| FY2021 | $30.3M | +147.1% |
| FY2020 | $12.3M | +71.6% |
| FY2019 | $7.1M | -38.9% |
| FY2018 | $11.7M | +7.0% |
| FY2017 | $10.9M | +382.8% |
| FY2016 | $2.3M | +417.2% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026