NASDAQ : AVO
Mission Produce, Inc. — Financial statements
Consumer Staples · Food Distribution · United States
Last price 11.6 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.02B
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Financial statements
Mission Produce, Inc. (AVO) reported revenue of 1.34B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.34B | 1.39B | 1.23B | 953.90M | 1.05B | 891.70M |
| Cost of Revenue | 1.19B | 1.23B | 1.08B | 870.60M | 956.10M | 767.20M |
| Gross Profit | 147.40M | 160.90M | 152.50M | 83.30M | 89.80M | 124.50M |
| Selling, General & Admin | 102.80M | 95.50M | 86.80M | 76.30M | 76.50M | 62.40M |
| Amortization of Goodwill & Intangibles | 800.00K | |||||
| Operating Expenses | 102.80M | 95.50M | 86.80M | 76.40M | 77.50M | 62.80M |
| Operating Income | 44.60M | 65.40M | 65.70M | 6.90M | 12.30M | 61.70M |
| Interest Expense | -10.90M | -9.40M | -12.70M | -11.50M | -800.00K | -2.90M |
| Interest & Investment Income | 1.70M | 1.70M | 2.10M | 1.50M | 1.70M | 1.70M |
| Earnings From Equity Investments | 6.40M | 5.40M | 3.70M | 4.00M | 5.10M | 7.50M |
| Currency Exchange Gain (Loss) | -3.20M | -1.00M | 1.60M | -1.80M | -2.00M | -1.60M |
| Other Non Operating Income (Expenses) | 200.00K | 500.00K | ||||
| EBT Excluding Unusual Items | 38.80M | 62.10M | 60.40M | -900.00K | 16.30M | 66.90M |
| Merger & Restructuring Charges | -26.00M | -200.00K | ||||
| Impairment of Goodwill | -49.50M | |||||
| Gain (Loss) on Sale of Investments | 2.00M | |||||
| Legal Settlements | -800.00K | |||||
| Other Unusual Items | 2.30M | -100.00K | ||||
| Pretax Income | 15.10M | 61.90M | 60.40M | -900.00K | -31.20M | 66.00M |
| Income Tax Expense | 11.60M | 21.40M | 18.60M | 2.20M | 3.70M | 21.10M |
| Earnings From Continuing Operations | 3.50M | 40.50M | 41.80M | -3.10M | -34.90M | 44.90M |
| Minority Interest in Earnings | -1.90M | -2.80M | -5.10M | 300.00K | 300.00K | |
| Net Income | 1.60M | 37.70M | 36.70M | -2.80M | -34.60M | 44.90M |
| Net Income to Common | 1.60M | 37.70M | 36.70M | -2.80M | -34.60M | 44.90M |
| Shares Outstanding (Basic) | 73.75M | 70.76M | 70.86M | 70.75M | 70.65M | 70.58M |
| Shares Outstanding (Diluted) | 74.02M | 71.33M | 71.01M | 70.75M | 70.65M | 71.07M |
| EPS (Basic) | 0.02 | 0.53 | 0.52 | -0.04 | -0.49 | 0.64 |
| EPS (Diluted) | 0.02 | 0.53 | 0.52 | -0.04 | -0.49 | 0.63 |
| Free Cash Flow | -2.30M | 37.20M | 61.20M | -20.60M | -26.00M | -26.40M |
| Free Cash Flow Per Share | -0.03 | 0.52 | 0.86 | -0.29 | -0.37 | -0.37 |
| Gross Margin | 11.01% | 11.57% | 12.35% | 8.73% | 8.59% | 13.96% |
| Operating Margin | 3.33% | 4.70% | 5.32% | 0.72% | 1.18% | 6.92% |
| Profit Margin | 0.12% | 2.71% | 2.97% | -0.29% | -3.31% | 5.04% |
| Free Cash Flow Margin | -0.17% | 2.67% | 4.96% | -2.16% | -2.49% | -2.96% |
| EBITDA | 85.90M | 100.00M | 103.40M | 39.70M | 37.10M | 82.10M |
| EBITDA Margin | 6.42% | 7.19% | 8.38% | 4.16% | 3.55% | 9.21% |
| D&A For EBITDA | 41.30M | 34.60M | 37.70M | 32.80M | 24.80M | 20.40M |
| EBIT | 44.60M | 65.40M | 65.70M | 6.90M | 12.30M | 61.70M |
| EBIT Margin | 3.33% | 4.70% | 5.32% | 0.72% | 1.18% | 6.92% |
| Effective Tax Rate | 76.82% | 34.57% | 30.80% | 31.97% | ||
| Advertising Expenses | 300.00K | 200.00K | 200.00K |
Balance sheet
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 47.10M | 64.80M | 58.00M | 42.90M | 52.80M | 84.50M |
| Cash & Short-Term Investments | 47.10M | 64.80M | 58.00M | 42.90M | 52.80M | 84.50M |
| Accounts Receivable | 136.00M | 80.50M | 95.40M | 74.10M | 62.90M | 73.80M |
| Other Receivables | 53.00M | 23.40M | 22.00M | 22.00M | 25.30M | 19.00M |
| Receivables | 189.00M | 103.90M | 117.40M | 96.10M | 88.20M | 96.10M |
| Inventory | 141.30M | 80.60M | 91.20M | 70.80M | 73.10M | 48.20M |
| Prepaid Expenses | 11.10M | 8.50M | 9.40M | 9.10M | 11.10M | 8.90M |
| Restricted Cash | 1.20M | 1.70M | 1.30M | 300.00K | 1.10M | 6.10M |
| Other Current Assets | 12.20M | 2.70M | 1.70M | 900.00K | 1.80M | 3.30M |
| Total Current Assets | 401.90M | 262.20M | 279.00M | 220.10M | 228.10M | 247.10M |
| Property, Plant & Equipment | 735.90M | 609.90M | 591.20M | 595.60M | 555.10M | 468.10M |
| Long-Term Investments | 33.10M | 34.80M | 33.00M | 31.00M | 27.10M | 52.70M |
| Goodwill | 268.30M | 39.40M | 39.40M | 39.40M | 39.40M | 76.40M |
| Other Intangible Assets | 100.70M | 500.00K | 2.00M | |||
| Long-Term Deferred Tax Assets | 10.50M | 10.20M | 9.70M | 8.50M | 8.10M | 7.60M |
| Other Long-Term Assets | 56.40M | 26.50M | 19.20M | 19.70M | 19.70M | 19.80M |
| Total Assets | 1.61B | 983.00M | 971.50M | 914.80M | 879.50M | 873.50M |
| Accounts Payable | 61.40M | 47.30M | 35.30M | 27.20M | 34.40M | 22.80M |
| Accrued Expenses | 63.70M | 38.90M | 39.90M | 26.40M | 29.30M | 25.70M |
| Short-Term Debt | 4.50M | 3.50M | 2.80M | 2.50M | ||
| Current Portion of Long-Term Debt | 15.40M | 3.20M | 3.10M | 3.90M | 3.50M | 10.90M |
| Current Portion of Leases | 13.80M | 10.00M | 9.30M | 9.20M | 5.90M | 4.70M |
| Current Income Taxes Payable | 6.80M | 7.70M | 1.60M | 1.00M | 1.90M | |
| Other Current Liabilities | 55.40M | 23.80M | 50.30M | 26.40M | 25.10M | 23.20M |
| Total Current Liabilities | 209.70M | 134.50M | 149.10M | 97.50M | 101.70M | 89.20M |
| Long-Term Debt | 388.90M | 93.70M | 112.50M | 151.10M | 137.90M | 156.50M |
| Long-Term Leases | 100.50M | 89.50M | 88.90M | 85.70M | 65.30M | 44.70M |
| Long-Term Deferred Tax Liabilities | 51.30M | 19.10M | 16.60M | 23.50M | 29.40M | 26.80M |
| Other Long-Term Liabilities | 56.60M | 26.30M | 27.30M | 28.70M | 22.30M | 22.10M |
| Total Liabilities | 807.00M | 363.10M | 394.40M | 386.50M | 356.60M | 339.30M |
| Common Stock | 100.00K | 100.00K | 100.00K | 100.00K | 100.00K | 100.00K |
| Additional Paid-In Capital | 446.50M | 247.30M | 239.70M | 233.40M | 229.30M | 225.60M |
| Retained Earnings | 315.50M | 339.30M | 307.70M | 271.00M | 274.40M | 309.00M |
| Comprehensive Income & Other | 1.90M | 600.00K | -200.00K | -900.00K | -1.70M | -500.00K |
| Total Common Equity | 764.00M | 587.30M | 547.30M | 503.60M | 502.10M | 534.20M |
| Minority Interest | 35.80M | 32.60M | 29.80M | 24.70M | 20.80M | |
| Shareholders' Equity | 799.80M | 619.90M | 577.10M | 528.30M | 522.90M | 534.20M |
| Total Liabilities & Equity | 1.61B | 983.00M | 971.50M | 914.80M | 879.50M | 873.50M |
| Total Debt | 518.60M | 200.90M | 217.30M | 252.70M | 215.10M | 216.80M |
| Net Cash (Debt) | -471.50M | -136.10M | -159.30M | -209.80M | -162.30M | -132.30M |
| Net Cash Per Share | -6.37 | -1.91 | -2.24 | -2.97 | -2.30 | -1.86 |
| Filing Date Shares Outstanding | 87.68M | 70.57M | 70.91M | 70.73M | 70.67M | 70.63M |
| Total Common Shares Outstanding | 87.68M | 70.57M | 70.91M | 70.73M | 70.67M | 70.63M |
| Working Capital | 192.20M | 127.70M | 129.90M | 122.60M | 126.40M | 157.90M |
| Book Value Per Share | 8.71 | 8.32 | 7.72 | 7.12 | 7.10 | 7.56 |
| Tangible Book Value | 395.00M | 547.90M | 507.90M | 463.70M | 460.70M | 457.80M |
| Tangible Book Value Per Share | 4.51 | 7.76 | 7.16 | 6.56 | 6.52 | 6.48 |
| Land | 161.20M | 160.70M | 157.90M | 141.40M | 128.80M | |
| Buildings | 143.20M | 133.10M | 124.60M | 120.10M | 110.90M | |
| Machinery | 258.40M | 248.10M | 235.80M | 201.10M | 177.30M | |
| Construction In Progress | 57.50M | 47.80M | 29.00M | 47.00M | 43.20M |
Cash flow statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 1.60M | 37.70M | 36.70M | -2.80M | -34.60M | 44.90M |
| Depreciation & Amortization | 41.30M | 34.60M | 37.70M | 32.80M | 24.80M | 20.40M |
| Other Amortization | 300.00K | 200.00K | 200.00K | 200.00K | 300.00K | 300.00K |
| Loss (Gain) From Sale of Assets | -800.00K | -800.00K | ||||
| Asset Writedown & Restructuring Costs | 2.00M | 3.90M | 3.90M | 1.30M | 49.90M | 100.00K |
| Loss (Gain) on Equity Investments | -6.40M | -5.40M | -3.70M | -4.00M | -5.10M | -7.50M |
| Stock-Based Compensation | 7.70M | 8.80M | 7.10M | 4.50M | 3.60M | 2.60M |
| Provision & Write-off of Bad Debts | -100.00K | -100.00K | 100.00K | 100.00K | ||
| Other Operating Activities | 17.90M | 16.90M | 4.40M | 3.30M | 13.90M | |
| Change in Accounts Receivable | 1.60M | 14.60M | -20.90M | -10.60M | 10.60M | -16.40M |
| Change in Inventory | 4.20M | 11.10M | -19.30M | 3.00M | -15.30M | -11.20M |
| Change in Accounts Payable | 20.20M | 12.30M | 25.40M | -8.90M | 9.40M | 8.90M |
| Change in Income Taxes | -11.10M | -4.10M | 8.00M | -1.80M | -2.40M | -3.90M |
| Change in Other Net Operating Assets | -37.10M | -41.10M | 13.90M | 12.10M | -6.10M | -5.10M |
| Operating Cash Flow | 41.30M | 88.60M | 93.40M | 29.20M | 35.20M | 47.00M |
| Capital Expenditures | -43.60M | -51.40M | -32.20M | -49.80M | -61.20M | -73.40M |
| Sale of Property, Plant & Equipment | 300.00K | 100.00K | 100.00K | 200.00K | 3.00M | 2.40M |
| Cash Acquisitions | 4.30M | |||||
| Investment in Securities | -247.00M | -1.60M | -4.40M | -400.00K | -200.00K | |
| Other Investing Activities | -400.00K | -600.00K | 200.00K | -100.00K | 2.90M | 900.00K |
| Investing Cash Flow | -290.70M | -51.90M | -33.50M | -54.10M | -51.40M | -70.30M |
| Short-Term Debt Issued | 10.10M | 3.00M | 2.80M | 2.50M | ||
| Long-Term Debt Issued | 55.00M | 40.00M | 147.00M | 80.00M | ||
| Total Debt Issued | 453.50M | 65.10M | 43.00M | 149.80M | 82.50M | |
| Short-Term Debt Repaid | -10.70M | -2.80M | -2.50M | |||
| Long-Term Debt Repaid | -76.60M | -83.20M | -136.20M | -104.50M | -11.70M | |
| Total Debt Repaid | -187.10M | -87.30M | -86.00M | -138.70M | -104.50M | -11.70M |
| Net Debt Issued (Repaid) | 266.40M | -22.20M | -43.00M | 11.10M | -22.00M | -11.70M |
| Issuance of Common Stock | 300.00K | 100.00K | 100.00K | 300.00K | ||
| Repurchase of Common Stock | -12.50M | -7.60M | -800.00K | -1.10M | ||
| Other Financing Activities | -2.80M | 4.20M | 100.00K | -100.00K | ||
| Financing Cash Flow | 251.10M | -29.50M | -43.80M | 14.30M | -21.80M | -11.50M |
| Foreign Exchange Rate Adjustments | -100.00K | -300.00K | ||||
| Net Cash Flow | 1.70M | 7.20M | 16.10M | -10.70M | -38.30M | -34.80M |
| Free Cash Flow | -2.30M | 37.20M | 61.20M | -20.60M | -26.00M | -26.40M |
| Free Cash Flow Margin | -0.17% | 2.67% | 4.96% | -2.16% | -2.49% | -2.96% |
| Free Cash Flow Per Share | -0.03 | 0.52 | 0.86 | -0.29 | -0.37 | -0.37 |
| Levered Free Cash Flow | -31.14M | 34.40M | 53.73M | -25.27M | -21.81M | -45.35M |
| Unlevered Free Cash Flow | -24.62M | 40.08M | 61.46M | -18.29M | -21.61M | -43.84M |
| Cash Interest Paid | 9.10M | 9.10M | 12.20M | 11.50M | 5.70M | 4.30M |
| Cash Income Tax Paid | 23.00M | 23.00M | 19.60M | 7.10M | 6.20M | 14.80M |
| Change in Working Capital | -22.20M | -7.20M | 7.10M | -6.20M | -3.80M | -27.70M |
Ratios
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.01B | 813.53M | 836.75M | 666.15M | 1.18B | 1.34B |
| Enterprise Value | 1.48B | 1.04B | 1.05B | 933.65M | 1.38B | 1.45B |
| Last Close Price | 11.50 | 11.52 | 11.80 | 9.41 | 16.64 | 18.99 |
| PE Ratio | 530.08 | 21.58 | 22.80 | 29.86 | ||
| Forward PE | 16.18 | 17.19 | 138.82 | 17.37 | 19.66 | 22.05 |
| PS Ratio | 0.75 | 0.58 | 0.68 | 0.70 | 1.12 | 1.50 |
| PB Ratio | 1.32 | 1.31 | 1.45 | 1.26 | 2.25 | 2.51 |
| P/TBV Ratio | 2.55 | 1.49 | 1.65 | 1.44 | 2.55 | 2.93 |
| P/FCF Ratio | 21.87 | 13.67 | ||||
| P/OCF Ratio | 24.41 | 9.18 | 8.96 | 22.81 | 33.41 | 28.53 |
| PEG Ratio | 0.68 | 0.68 | 0.68 | 2.92 | 2.44 | |
| EV/Sales Ratio | 1.11 | 0.74 | 0.85 | 0.98 | 1.32 | 1.62 |
| EV/EBITDA Ratio | 17.23 | 10.37 | 10.17 | 23.52 | 37.24 | 17.62 |
| EV/EBIT Ratio | 33.18 | 15.86 | 16.01 | 135.31 | 112.32 | 23.45 |
| EV/FCF Ratio | 27.88 | 17.18 | ||||
| Debt / Equity Ratio | 0.65 | 0.32 | 0.38 | 0.48 | 0.41 | 0.41 |
| Debt / EBITDA Ratio | 4.44 | 1.55 | 1.66 | 3.64 | 3.62 | 2.09 |
| Debt / FCF Ratio | 5.40 | 3.55 | ||||
| Net Debt / Equity Ratio | 0.59 | 0.22 | 0.28 | 0.40 | 0.31 | 0.25 |
| Net Debt / EBITDA Ratio | 5.49 | 1.36 | 1.54 | 5.29 | 4.38 | 1.61 |
| Net Debt / FCF Ratio | -205.00 | 3.66 | 2.60 | -10.18 | -6.24 | -5.01 |
| Asset Turnover | 1.03 | 1.42 | 1.31 | 1.06 | 1.19 | 1.08 |
| Inventory Turnover | 9.73 | 14.32 | 13.36 | 12.10 | 15.76 | 17.68 |
| Quick Ratio | 1.13 | 1.25 | 1.18 | 1.43 | 1.39 | 1.99 |
| Current Ratio | 1.92 | 1.95 | 1.87 | 2.26 | 2.24 | 2.77 |
| Return on Equity (ROE) | 0.50% | 6.77% | 7.56% | -0.59% | -6.60% | 8.91% |
| Return on Assets (ROA) | 2.14% | 4.18% | 4.35% | 0.48% | 0.88% | 4.67% |
| Return on Invested Capital (ROIC) | 1.00% | 5.73% | 6.17% | 0.97% | 1.82% | 6.99% |
| Return on Capital Employed (ROCE) | 3.20% | 7.70% | 8.00% | 0.80% | 1.60% | 7.90% |
| Earnings Yield | 0.19% | 4.63% | 4.39% | -0.42% | -2.94% | 3.35% |
| FCF Yield | -0.23% | 4.57% | 7.31% | -3.09% | -2.21% | -1.97% |
| Buyback Yield / Dilution | -3.96% | -0.45% | -0.37% | -0.14% | 0.59% | -11.64% |
| Total Shareholder Return | -3.96% | -0.45% | -0.37% | -0.14% | 0.59% | -11.64% |