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Side-by-side financial comparison of MGP INGREDIENTS INC (MGPI) and NATIONAL PRESTO INDUSTRIES INC (NPK). Click either name above to swap in a different company.

NATIONAL PRESTO INDUSTRIES INC is the larger business by last-quarter revenue ($164.0M vs $138.3M, roughly 1.2× MGP INGREDIENTS INC). On growth, NATIONAL PRESTO INDUSTRIES INC posted the faster year-over-year revenue change (21.7% vs -23.5%). MGP INGREDIENTS INC produced more free cash flow last quarter ($24.3M vs $12.4M). Over the past eight quarters, NATIONAL PRESTO INDUSTRIES INC's revenue compounded faster (46.3% CAGR vs -9.9%).

MGP Ingredients Inc is a leading US-based supplier of premium distilled spirits, specialty wheat and corn-based starch and protein ingredients. It serves food and beverage manufacturing, foodservice, and industrial customer segments across North America and select global markets, delivering tailored ingredient solutions for diverse product use cases.

National Presto Industries is a company founded in 1905 in Eau Claire, Wisconsin. Originally called "Northwestern Steel and Iron Works" the company changed its name to the "National Pressure Cooker Company" in 1929 and then National Presto Industries, Inc. 1953. The company originally produced pressure canners for commercial, and later home, use. Beginning in 1939, the company introduced small home-use cooking appliances. The company was admitted to the New York Stock Exchange on March 3, 1969.

MGPI vs NPK — Head-to-Head

Bigger by revenue
NPK
NPK
1.2× larger
NPK
$164.0M
$138.3M
MGPI
Growing faster (revenue YoY)
NPK
NPK
+45.2% gap
NPK
21.7%
-23.5%
MGPI
More free cash flow
MGPI
MGPI
$11.8M more FCF
MGPI
$24.3M
$12.4M
NPK
Faster 2-yr revenue CAGR
NPK
NPK
Annualised
NPK
46.3%
-9.9%
MGPI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MGPI
MGPI
NPK
NPK
Revenue
$138.3M
$164.0M
Net Profit
$-134.6M
Gross Margin
34.9%
16.9%
Operating Margin
-97.7%
11.4%
Net Margin
-97.3%
Revenue YoY
-23.5%
21.7%
Net Profit YoY
-220.8%
EPS (diluted)
$-6.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MGPI
MGPI
NPK
NPK
Q4 25
$138.3M
$164.0M
Q3 25
$130.9M
$115.5M
Q2 25
$145.5M
$120.4M
Q1 25
$121.7M
$103.6M
Q4 24
$180.8M
$134.7M
Q3 24
$161.5M
$91.8M
Q2 24
$190.8M
$85.1M
Q1 24
$170.6M
$76.7M
Net Profit
MGPI
MGPI
NPK
NPK
Q4 25
$-134.6M
Q3 25
$15.4M
$5.3M
Q2 25
$14.4M
$5.2M
Q1 25
$-3.0M
$7.6M
Q4 24
$-42.0M
Q3 24
$23.9M
$8.1M
Q2 24
$32.1M
$6.1M
Q1 24
$20.6M
$6.6M
Gross Margin
MGPI
MGPI
NPK
NPK
Q4 25
34.9%
16.9%
Q3 25
37.8%
13.9%
Q2 25
40.1%
15.4%
Q1 25
35.6%
17.5%
Q4 24
41.2%
24.3%
Q3 24
40.8%
18.8%
Q2 24
43.6%
17.3%
Q1 24
36.8%
18.1%
Operating Margin
MGPI
MGPI
NPK
NPK
Q4 25
-97.7%
11.4%
Q3 25
16.1%
5.6%
Q2 25
14.0%
5.1%
Q1 25
-0.6%
8.8%
Q4 24
-16.8%
17.3%
Q3 24
20.2%
10.0%
Q2 24
22.7%
7.5%
Q1 24
17.0%
8.2%
Net Margin
MGPI
MGPI
NPK
NPK
Q4 25
-97.3%
Q3 25
11.8%
4.6%
Q2 25
9.9%
4.3%
Q1 25
-2.5%
7.3%
Q4 24
-23.2%
Q3 24
14.8%
8.8%
Q2 24
16.8%
7.1%
Q1 24
12.1%
8.6%
EPS (diluted)
MGPI
MGPI
NPK
NPK
Q4 25
$-6.23
Q3 25
$0.71
Q2 25
$0.67
Q1 25
$-0.14
Q4 24
$-1.86
Q3 24
$1.07
Q2 24
$1.43
Q1 24
$0.92

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MGPI
MGPI
NPK
NPK
Cash + ST InvestmentsLiquidity on hand
$18.5M
$3.8M
Total DebtLower is stronger
$245.9M
Stockholders' EquityBook value
$718.4M
$395.1M
Total Assets
$1.2B
$500.7M
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGPI
MGPI
NPK
NPK
Q4 25
$18.5M
$3.8M
Q3 25
$13.4M
$4.6M
Q2 25
$17.3M
$4.8M
Q1 25
$20.1M
$5.5M
Q4 24
$25.3M
$22.7M
Q3 24
$20.8M
$33.2M
Q2 24
$21.0M
$53.4M
Q1 24
$19.5M
$87.9M
Total Debt
MGPI
MGPI
NPK
NPK
Q4 25
$245.9M
Q3 25
$262.3M
Q2 25
$290.7M
Q1 25
$290.7M
Q4 24
$317.1M
Q3 24
$283.6M
Q2 24
$303.0M
Q1 24
$294.4M
Stockholders' Equity
MGPI
MGPI
NPK
NPK
Q4 25
$718.4M
$395.1M
Q3 25
$855.2M
$379.8M
Q2 25
$841.8M
$374.1M
Q1 25
$828.3M
$368.6M
Q4 24
$834.2M
$367.6M
Q3 24
$914.5M
$346.6M
Q2 24
$894.5M
$338.1M
Q1 24
$867.0M
$331.6M
Total Assets
MGPI
MGPI
NPK
NPK
Q4 25
$1.2B
$500.7M
Q3 25
$1.4B
$503.8M
Q2 25
$1.4B
$471.9M
Q1 25
$1.4B
$455.3M
Q4 24
$1.4B
$453.4M
Q3 24
$1.4B
$428.9M
Q2 24
$1.4B
$418.1M
Q1 24
$1.4B
$417.5M
Debt / Equity
MGPI
MGPI
NPK
NPK
Q4 25
0.34×
Q3 25
0.31×
Q2 25
0.35×
Q1 25
0.35×
Q4 24
0.38×
Q3 24
0.31×
Q2 24
0.34×
Q1 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MGPI
MGPI
NPK
NPK
Operating Cash FlowLast quarter
$29.1M
$13.9M
Free Cash FlowOCF − Capex
$24.3M
$12.4M
FCF MarginFCF / Revenue
17.5%
7.6%
Capex IntensityCapex / Revenue
3.5%
0.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$76.0M
$-36.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGPI
MGPI
NPK
NPK
Q4 25
$29.1M
$13.9M
Q3 25
$36.1M
$-24.6M
Q2 25
$11.7M
$-10.9M
Q1 25
$44.7M
$12.5M
Q4 24
$28.8M
$-7.6M
Q3 24
$43.9M
$-17.5M
Q2 24
$5.0M
$-33.9M
Q1 24
$24.6M
$5.6M
Free Cash Flow
MGPI
MGPI
NPK
NPK
Q4 25
$24.3M
$12.4M
Q3 25
$27.6M
$-24.7M
Q2 25
$-557.0K
$-13.4M
Q1 25
$24.8M
$-10.5M
Q4 24
$10.4M
$-11.3M
Q3 24
$24.5M
$-20.3M
Q2 24
$-1.4M
$-34.5M
Q1 24
$-2.4M
$5.2M
FCF Margin
MGPI
MGPI
NPK
NPK
Q4 25
17.5%
7.6%
Q3 25
21.1%
-21.4%
Q2 25
-0.4%
-11.1%
Q1 25
20.4%
-10.2%
Q4 24
5.8%
-8.4%
Q3 24
15.2%
-22.1%
Q2 24
-0.7%
-40.6%
Q1 24
-1.4%
6.7%
Capex Intensity
MGPI
MGPI
NPK
NPK
Q4 25
3.5%
0.9%
Q3 25
6.5%
0.1%
Q2 25
8.4%
2.0%
Q1 25
16.4%
22.2%
Q4 24
10.1%
2.7%
Q3 24
12.0%
3.1%
Q2 24
3.3%
0.8%
Q1 24
15.8%
0.5%
Cash Conversion
MGPI
MGPI
NPK
NPK
Q4 25
Q3 25
2.34×
-4.63×
Q2 25
0.81×
-2.12×
Q1 25
1.64×
Q4 24
Q3 24
1.84×
-2.16×
Q2 24
0.15×
-5.58×
Q1 24
1.19×
0.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MGPI
MGPI

Branded Spirits$63.4M46%
Ingredient Solutions$31.3M23%
Specialty Wheat Starches$16.8M12%
Mid Spirits$16.1M12%
Other Branded Spirits$8.0M6%
Commodity Wheat Starch$2.3M2%

NPK
NPK

Segment breakdown not available.

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