Mission Produce (AVO) Financials

$13.61 -0.05 (-0.37%)

Closing price 05/6/2026 04:00 PM Eastern

Extended Trading

$13.29 -0.32 (-2.34%)

As of 05/6/2026 07:58 PM Eastern

Annual Income Statements for Mission Produce

This table shows Mission Produce's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025
Net Income / (Loss) Attributable to Common Shareholders	72	29	45	-35	-2.80	37	38
Consolidated Net Income / (Loss)	72	29	45	-35	-3.10	42	41
Net Income / (Loss) Continuing Operations	72	29	45	-35	-3.10	42	41
Total Pre-Tax Income	96	44	66	-31	-0.90	60	62
Total Operating Income	107	68	61	-37	6.90	66	65
Total Gross Profit	155	125	125	90	83	153	161
Total Revenue	883	862	892	1,046	954	1,235	1,391
Operating Revenue	883	862	892	1,046	954	1,235	1,391
Total Cost of Revenue	729	738	767	956	871	1,082	1,231
Operating Cost of Revenue	729	738	767	956	871	1,082	1,231
Total Operating Expenses	48	56	64	127	76	87	96
Selling, General & Admin Expense	48	56	64	78	76	87	96
Total Other Income / (Expense), net	-11	-25	5.10	6.00	-7.80	-5.30	-3.30
Interest Expense	10	6.70	3.70	5.50	12	13	9.40
Interest & Investment Income	3.40	-17	7.50	7.10	4.00	3.70	5.40
Other Income / (Expense), net	-3.60	-0.70	1.30	4.40	-0.20	3.60	0.70
Income Tax Expense	24	15	21	3.70	2.20	19	21
Net Income / (Loss) Attributable to Noncontrolling Interest	-	0.00	0.00	-0.30	-0.30	5.10	2.80
Basic Earnings per Share	$1.13	$0.45	$0.64	($0.49)	($0.04)	$0.52	$0.53
Weighted Average Basic Shares Outstanding	-	-	70.63M	70.67M	70.73M	70.91M	70.57M
Diluted Earnings per Share	$1.13	$0.45	$0.63	($0.49)	($0.04)	$0.52	$0.53
Weighted Average Diluted Shares Outstanding	-	-	70.63M	70.67M	70.73M	70.91M	70.57M
Weighted Average Basic & Diluted Shares Outstanding	-	-	70.63M	70.67M	70.73M	70.91M	70.57M

This table shows Mission Produce's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2025	10/31/2025	1/31/2026
Net Income / (Loss) Attributable to Common Shareholders	6.60	4.00	0.00	7.00	12	17	3.90	3.10	15	16	-0.70
Consolidated Net Income / (Loss)	6.20	6.00	2.00	7.00	12	21	6.20	3.00	15	17	-0.10
Net Income / (Loss) Continuing Operations	6.20	6.00	2.00	7.00	12	21	6.20	3.00	15	17	-0.10
Total Pre-Tax Income	8.50	5.80	4.10	10	17	29	9.40	4.70	20	28	1.00
Total Operating Income	11	7.20	8.00	12	17	29	9.30	6.90	21	28	2.50
Total Gross Profit	28	28	29	31	37	56	32	28	45	56	32
Total Revenue	261	258	259	298	324	354	334	380	358	319	279
Operating Revenue	261	258	259	298	324	354	334	380	358	319	279
Total Cost of Revenue	233	230	230	267	287	299	303	352	313	263	247
Operating Cost of Revenue	233	230	230	267	287	299	303	352	313	263	247
Total Operating Expenses	17	21	21	19	20	27	22	22	24	28	29
Selling, General & Admin Expense	17	21	21	19	20	27	22	22	24	28	29
Total Other Income / (Expense), net	-2.50	-1.40	-3.90	-1.90	-0.20	0.70	0.10	-2.20	-1.20	-	-1.50
Interest Expense	3.20	3.30	3.30	3.40	3.20	2.70	2.20	2.50	2.40	2.30	1.70
Interest & Investment Income	1.80	0.80	0.40	0.50	1.70	1.10	0.80	0.90	2.00	1.70	1.50
Other Income / (Expense), net	-1.10	1.10	-1.00	1.00	1.30	2.30	1.50	-0.60	-0.80	0.60	-1.30
Income Tax Expense	2.30	-0.20	2.10	3.40	4.50	8.60	3.20	1.70	5.30	11	1.10
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.40	2.00	2.00	0.00	-0.30	3.40	2.30	-0.10	-0.20	0.80	0.60
Basic Earnings per Share	$0.09	$0.06	$0.00	$0.10	$0.17	$0.25	$0.06	$0.04	$0.21	$0.22	($0.01)
Weighted Average Basic Shares Outstanding	70.79M	70.73M	70.85M	70.91M	70.91M	70.91M	71.07M	70.62M	70.62M	70.57M	70.85M
Diluted Earnings per Share	$0.09	$0.06	$0.00	$0.10	$0.17	$0.25	$0.05	$0.04	$0.21	$0.23	($0.01)
Weighted Average Diluted Shares Outstanding	70.79M	70.73M	70.85M	70.91M	70.91M	70.91M	71.07M	70.62M	70.62M	70.57M	70.85M
Weighted Average Basic & Diluted Shares Outstanding	70.79M	70.73M	70.85M	70.91M	70.91M	70.91M	71.07M	70.62M	70.62M	70.57M	70.85M

This table details how cash moves in and out of Mission Produce's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025
Net Change in Cash & Equivalents	35	61	-35	-38	-11	16	7.20
Net Cash From Operating Activities	93	79	47	35	29	93	89
Net Cash From Continuing Operating Activities	93	79	47	35	29	93	89
Net Income / (Loss) Continuing Operations	72	29	45	-35	-3.10	42	41
Consolidated Net Income / (Loss)	72	29	45	-35	-3.10	42	41
Depreciation Expense	17	18	20	25	33	38	35
Amortization Expense	0.20	0.30	0.30	0.30	0.20	0.20	0.20
Non-Cash Adjustments To Reconcile Net Income	-4.60	24	1.90	49	9.10	8.40	11
Changes in Operating Assets and Liabilities, net	8.80	7.40	-21	-3.90	-9.80	5.30	1.90
Net Cash From Investing Activities	-31	-68	-70	-51	-54	-34	-52
Net Cash From Continuing Investing Activities	-31	-68	-70	-51	-54	-34	-52
Purchase of Property, Plant & Equipment	-30	-67	-73	-61	-50	-32	-51
Acquisitions	-1.90	-3.40	-0.20	-0.40	-2.10	-1.60	0.00
Purchase of Investments	0.00	0.00	-2.00	0.00	-2.30	0.00	0.00
Sale of Property, Plant & Equipment	0.10	3.00	2.40	3.00	0.20	0.10	0.10
Other Investing Activities, net	0.80	0.00	1.40	-0.10	-0.10	0.20	-0.60
Net Cash From Financing Activities	-27	50	-12	-22	14	-44	-30
Net Cash From Continuing Financing Activities	-27	50	-12	-22	14	-44	-30
Repayment of Debt	-66	-26	-11	-104	-136	-82	-85
Repurchase of Common Equity	-0.90	-1.90	0.00	0.00	-0.60	0.00	-6.10
Payment of Dividends	-5.60	-13	-	0.00	0.00	-2.00	-1.30
Issuance of Debt	45	14	0.00	83	148	43	65
Issuance of Common Equity	0.00	78	0.00	0.90	4.20	0.00	0.00
Other Financing Activities, net	0.30	-0.80	-0.90	-1.10	-1.00	-3.10	-2.20
Effect of Exchange Rate Changes	0.00	0.10	0.00	-0.30	-0.10	0.00	0.00
Cash Interest Paid	11	6.30	4.30	5.70	12	12	9.10
Cash Income Taxes Paid	22	19	15	6.20	7.10	20	23

This table details how cash moves in and out of Mission Produce's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2025	10/31/2025	1/31/2026
Net Change in Cash & Equivalents	2.90	18	-2.70	6.70	2.70	9.40	-17	-3.20	7.60	20	-19
Net Cash From Operating Activities	19	37	9.50	3.40	43	38	-1.20	-12	34	67	-3.00
Net Cash From Continuing Operating Activities	19	37	9.50	3.40	43	38	-1.20	-12	34	67	-3.00
Net Income / (Loss) Continuing Operations	6.20	6.00	2.00	7.00	12	21	6.20	3.00	15	17	-0.10
Consolidated Net Income / (Loss)	6.20	6.00	2.00	7.00	12	21	6.20	3.00	15	17	-0.10
Depreciation Expense	7.60	10	13	5.70	8.90	10	8.70	7.00	8.40	11	9.20
Amortization Expense	0.10	-	0.10	-	0.10	-	0.10	-	0.10	-	0.10
Non-Cash Adjustments To Reconcile Net Income	6.10	-1.50	6.30	1.30	4.50	-3.70	0.50	7.50	4.20	-0.80	2.30
Changes in Operating Assets and Liabilities, net	-1.20	22	-12	-11	17	11	-17	-29	7.20	41	-15
Net Cash From Investing Activities	-13	-3.40	-9.90	-8.40	-7.70	-7.50	-15	-13	-12	-12	-12
Net Cash From Continuing Investing Activities	-13	-3.40	-9.90	-8.40	-7.70	-7.50	-15	-13	-12	-12	-12
Purchase of Property, Plant & Equipment	-12	-2.80	-9.90	-7.80	-7.60	-6.90	-15	-13	-12	-12	-12
Sale of Property, Plant & Equipment	-	0.10	-	-	0.10	-	0.00	-	-	0.10	0.10
Other Investing Activities, net	-	-	0.00	-	-0.20	0.40	-0.10	-0.10	-	-0.40	0.00
Net Cash From Financing Activities	-3.00	-15	-2.50	12	-32	-21	-1.00	22	-15	-35	-4.40
Net Cash From Continuing Financing Activities	-3.00	-15	-2.50	12	-32	-21	-1.00	22	-15	-35	-4.40
Repayment of Debt	-16	-16	-14	-11	-36	-21	-14	-11	-20	-40	-9.30
Repurchase of Common Equity	-	-	0.00	-	-	-	-0.30	-5.20	-	-0.60	0.00
Issuance of Debt	12	-2.00	15	25	3.00	-	15	40	5.20	4.90	10
Other Financing Activities, net	-0.30	1.70	-3.80	-0.90	0.80	0.30	-1.40	-0.60	-1.00	0.80	-5.10
Effect of Exchange Rate Changes	0.30	-0.20	0.20	-0.10	0.10	-0.20	0.00	-0.20	0.30	-0.10	0.10

This table presents Mission Produce's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025
Total Assets	777	874	880	915	972	983
Total Current Assets	248	247	228	220	279	262
Cash & Equivalents	124	85	53	43	58	65
Restricted Cash	1.40	6.10	1.10	0.30	1.30	1.70
Accounts Receivable	71	86	80	87	111	95
Inventories, net	39	48	73	71	91	81
Prepaid Expenses	8.80	12	11	9.10	9.40	8.50
Current Deferred & Refundable Income Taxes	2.90	6.70	8.00	9.60	6.70	8.80
Other Current Assets	1.50	0.60	1.80	0.90	1.70	2.70
Plant, Property, & Equipment, net	379	424	490	523	523	542
Total Noncurrent Assets	150	202	162	172	169	179
Long-Term Investments	47	53	27	31	33	35
Goodwill	76	76	39	39	39	39
Noncurrent Deferred & Refundable Income Taxes	4.40	7.60	8.10	8.50	9.70	10
Other Noncurrent Operating Assets	18	64	85	92	87	94
Total Liabilities & Shareholders' Equity	777	874	880	915	972	983
Total Liabilities	304	339	357	387	394	363
Total Current Liabilities	78	89	102	98	149	135
Short-Term Debt	7.40	8.80	6.00	6.20	6.00	7.50
Accounts Payable	39	45	59	54	86	71
Accrued Expenses	28	29	30	26	40	39
Current Deferred & Payable Income Tax Liabilities	1.70	1.90	1.00	1.60	7.70	6.80
Other Current Liabilities	-	4.70	5.90	9.20	9.30	10
Total Noncurrent Liabilities	223	250	254	287	244	228
Long-Term Debt	167	155	137	149	111	93
Capital Lease Obligations	-	2.20	1.40	15	22	22
Noncurrent Deferred Revenue	3.80	3.50	3.10	2.30	1.30	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	28	27	29	24	17	19
Other Noncurrent Operating Liabilities	24	63	83	97	93	94
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	474	534	523	528	577	620
Total Preferred & Common Equity	474	534	502	504	547	587
Total Common Equity	474	534	502	504	547	587
Common Stock	223	226	229	234	240	247
Retained Earnings	251	309	274	271	308	339
Accumulated Other Comprehensive Income / (Loss)	-0.50	-0.50	-1.70	-0.90	-0.20	0.60
Noncontrolling Interest	-	0.00	21	25	30	33

This table presents Mission Produce's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	7/31/2022	1/31/2023	4/30/2023	7/31/2023	1/31/2024	4/30/2024	7/31/2024	1/31/2025	4/30/2025	7/31/2025	1/31/2026
Total Assets	954	897	931	944	938	967	960	998	1,011	1,002	998
Total Current Assets	268	216	238	244	245	276	271	297	297	285	274
Cash & Equivalents	44	39	21	23	40	46	50	40	37	44	45
Restricted Cash	3.10	1.00	1.30	2.10	0.60	1.00	0.40	2.10	2.30	2.90	2.60
Accounts Receivable	107	76	93	108	98	112	115	117	127	114	107
Inventories, net	93	77	96	88	86	95	84	123	113	103	99
Prepaid Expenses	8.30	10	9.90	8.60	9.10	8.20	8.30	9.50	8.10	9.10	9.60
Current Deferred & Refundable Income Taxes	7.30	11	12	12	9.20	10	12	2.50	6.70	7.70	8.20
Other Current Assets	3.10	1.80	4.30	2.60	1.40	3.20	1.60	3.70	3.80	3.90	2.60
Plant, Property, & Equipment, net	473	512	521	528	525	523	521	528	536	539	542
Total Noncurrent Assets	213	170	171	173	168	168	168	172	178	179	182
Long-Term Investments	26	26	26	29	29	30	31	34	33	33	37
Goodwill	89	39	39	39	39	39	39	39	39	39	39
Noncurrent Deferred & Refundable Income Taxes	8.20	8.30	8.60	8.90	8.70	8.80	9.00	9.40	9.60	9.80	11
Other Noncurrent Operating Assets	87	96	97	94	91	90	89	90	96	97	96
Total Liabilities & Shareholders' Equity	954	897	931	944	938	967	960	998	1,011	1,002	998
Total Liabilities	391	383	419	424	406	427	406	415	426	402	378
Total Current Liabilities	124	96	104	115	108	122	134	170	150	140	147
Short-Term Debt	8.80	3.60	3.60	6.40	3.30	3.10	6.00	3.00	3.00	5.90	4.00
Accounts Payable	77	56	62	72	64	76	85	108	99	81	77
Accrued Expenses	29	29	30	26	29	33	29	46	38	39	53
Current Deferred & Payable Income Tax Liabilities	3.20	0.50	0.80	1.30	2.80	1.70	5.10	3.00	1.30	5.40	3.00
Other Current Liabilities	5.60	6.10	7.50	8.60	8.40	8.00	8.20	8.60	8.50	9.20	9.30
Total Noncurrent Liabilities	268	287	312	307	296	303	271	244	275	261	231
Long-Term Debt	149	146	170	164	153	167	131	115	144	129	97
Capital Lease Obligations	1.50	15	15	15	20	20	21	22	22	22	22
Noncurrent Deferred Revenue	3.10	3.10	2.30	2.30	2.30	1.30	1.30	1.30	0.00	0.00	0.30
Noncurrent Deferred & Payable Income Tax Liabilities	30	29	29	29	23	23	23	17	17	17	19
Other Noncurrent Operating Liabilities	85	94	95	96	98	92	94	90	93	94	92
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	563	514	511	520	532	540	554	583	584	601	620
Total Preferred & Common Equity	544	494	491	500	505	513	527	551	552	569	587
Total Common Equity	544	494	491	500	505	513	527	551	552	569	587
Common Stock	228	230	231	232	234	236	237	241	243	244	247
Retained Earnings	316	266	261	268	271	278	290	311	309	324	339
Accumulated Other Comprehensive Income / (Loss)	-1.10	-1.20	-0.90	-0.20	-0.10	-0.40	-0.30	-1.30	0.60	0.60	1.70
Noncontrolling Interest	20	20	20	21	27	27	26	32	32	32	33

This table displays calculated financial ratios and metrics derived from Mission Produce's official financial filings.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	-2.38%	3.41%	17.29%	-8.80%	29.44%	12.68%
EBITDA Growth	0.00%	-28.01%	-3.72%	-109.29%	615.58%	170.03%	-6.06%
EBIT Growth	0.00%	-34.21%	-8.12%	-152.73%	120.43%	934.33%	-4.91%
NOPAT Growth	0.00%	-43.46%	-7.88%	-162.85%	118.55%	841.36%	-6.18%
Net Income Growth	0.00%	-59.83%	55.90%	-177.73%	91.12%	1,448.39%	-3.11%
EPS Growth	0.00%	-60.18%	40.00%	-177.78%	91.84%	1,400.00%	1.92%
Operating Cash Flow Growth	0.00%	-14.79%	-40.43%	-25.11%	-17.05%	219.86%	-5.14%
Free Cash Flow Firm Growth	0.00%	0.00%	91.82%	-58.11%	38.53%	235.00%	-44.16%
Invested Capital Growth	0.00%	0.00%	16.04%	5.42%	6.71%	-0.19%	2.65%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.10%	2.13%	8.48%	-2.48%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-113.95%	377.62%	27.01%	-1.95%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-206.15%	114.92%	48.39%	-3.37%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-257.04%	116.27%	39.75%	-7.72%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-246.64%	93.91%	54.24%	-8.78%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-244.12%	94.20%	57.58%	-3.64%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-23.20%	22.22%	-5.50%	1.63%	49.16%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.89%	-11.67%	1,125.40%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-9.55%	-4.25%	-1.37%	-5.34%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	17.51%	14.45%	13.96%	8.59%	8.73%	12.35%	11.55%
EBITDA Margin	13.54%	9.98%	9.30%	-0.74%	4.16%	8.68%	7.24%
Operating Margin	12.06%	7.93%	6.83%	-3.56%	0.72%	5.32%	4.69%
EBIT Margin	11.65%	7.85%	6.98%	-3.14%	0.70%	5.61%	4.74%
Profit (Net Income) Margin	8.12%	3.34%	5.04%	-3.34%	-0.33%	3.39%	2.91%
Tax Burden Percent	74.69%	65.75%	68.03%	111.86%	344.44%	69.21%	65.43%
Interest Burden Percent	93.29%	64.70%	106.11%	95.12%	-13.43%	87.16%	93.93%
Effective Tax Rate	25.31%	34.25%	31.97%	0.00%	0.00%	30.79%	34.57%
Return on Invested Capital (ROIC)	0.00%	18.74%	7.99%	-4.55%	0.80%	7.26%	6.73%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-478.96%	31.67%	-24.90%	-8.96%	2.26%	0.60%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-6.58%	0.92%	-2.05%	-1.39%	0.30%	0.04%
Return on Equity (ROE)	0.00%	12.16%	8.91%	-6.60%	-0.59%	7.56%	6.77%
Cash Return on Invested Capital (CROIC)	0.00%	-181.26%	-6.86%	-9.83%	-5.70%	7.45%	4.11%
Operating Return on Assets (OROA)	0.00%	8.71%	7.54%	-3.74%	0.75%	7.35%	6.74%
Return on Assets (ROA)	0.00%	3.71%	5.44%	-3.98%	-0.35%	4.43%	4.14%
Return on Common Equity (ROCE)	0.00%	12.16%	8.91%	-6.47%	-0.56%	7.19%	6.41%
Return on Equity Simple (ROE_SIMPLE)	0.00%	6.08%	8.41%	-6.95%	-0.62%	7.64%	0.00%
Net Operating Profit after Tax (NOPAT)	80	45	41	-26	4.83	45	43
NOPAT Margin	9.01%	5.22%	4.65%	-2.49%	0.51%	3.68%	3.07%
Net Nonoperating Expense Percent (NNEP)	0.00%	497.70%	-23.68%	20.34%	9.75%	5.00%	6.13%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-3.90%	0.69%	6.36%	5.75%
Cost of Revenue to Revenue	82.49%	85.55%	86.04%	91.41%	91.27%	87.65%	88.45%
SG&A Expenses to Revenue	5.46%	6.52%	7.13%	7.41%	8.01%	7.03%	6.86%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	5.46%	6.52%	7.13%	12.14%	8.01%	7.03%	6.86%
Earnings before Interest and Taxes (EBIT)	103	68	62	-33	6.70	69	66
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	120	86	83	-7.70	40	107	101
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.22	2.51	2.34	1.32	1.53	1.39
Price to Tangible Book Value (P/TBV)	0.00	0.27	2.93	2.55	1.44	1.65	1.48
Price to Revenue (P/Rev)	0.11	0.12	1.50	1.12	0.70	0.68	0.58
Price to Earnings (P/E)	1.34	3.66	29.86	0.00	0.00	22.80	21.58
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	74.69%	27.29%	3.35%	0.00%	0.00%	4.39%	4.63%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.22	2.45	2.15	1.25	1.46	1.35
Enterprise Value to Revenue (EV/Rev)	0.00	0.12	1.53	1.20	0.82	0.74	0.62
Enterprise Value to EBITDA (EV/EBITDA)	0.00	1.25	16.45	0.00	19.80	8.51	8.61
Enterprise Value to EBIT (EV/EBIT)	0.00	1.59	21.92	0.00	117.34	13.17	13.16
Enterprise Value to NOPAT (EV/NOPAT)	0.00	2.39	32.91	0.00	162.76	20.07	20.33
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	1.36	29.01	35.79	26.92	9.77	9.79
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	19.55	33.28
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	0.37	0.31	0.28	0.32	0.24	0.20
Long-Term Debt to Equity	0.00	0.35	0.29	0.26	0.31	0.23	0.19
Financial Leverage	0.00	0.01	0.03	0.08	0.15	0.13	0.06
Leverage Ratio	0.00	1.64	1.64	1.66	1.71	1.71	1.63
Compound Leverage Factor	0.00	1.06	1.74	1.58	-0.23	1.49	1.53
Debt to Total Capital	0.00%	26.88%	23.72%	21.63%	24.29%	19.32%	16.48%
Short-Term Debt to Total Capital	0.00%	1.14%	1.26%	0.90%	0.89%	0.84%	1.01%
Long-Term Debt to Total Capital	0.00%	25.74%	22.46%	20.73%	23.40%	18.48%	15.47%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	3.12%	3.54%	4.17%	4.39%
Common Equity to Total Capital	0.00%	73.12%	76.28%	75.25%	72.17%	76.51%	79.13%
Debt to EBITDA	0.00	2.02	2.00	-18.74	4.27	1.29	1.21
Net Debt to EBITDA	0.00	0.02	0.28	-8.22	2.40	0.43	0.21
Long-Term Debt to EBITDA	0.00	1.94	1.90	-17.96	4.11	1.23	1.14
Debt to NOPAT	0.00	3.87	4.01	-5.54	35.09	3.04	2.87
Net Debt to NOPAT	0.00	0.04	0.55	-2.43	19.73	1.01	0.49
Long-Term Debt to NOPAT	0.00	3.71	3.80	-5.31	33.81	2.91	2.69
Altman Z-Score	0.00	2.32	4.34	3.65	2.68	3.38	3.62
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	1.97%	4.33%	4.93%	5.21%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	0.00	3.18	2.77	2.24	2.26	1.87	1.95
Quick Ratio	0.00	2.50	1.95	1.31	1.33	1.13	1.19
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-435	-36	-56	-35	47	26
Operating Cash Flow to CapEx	312.84%	122.71%	66.20%	60.48%	58.87%	290.97%	172.71%
Free Cash Flow to Firm to Interest Expense	0.00	-64.93	-9.61	-10.23	-2.98	3.70	2.77
Operating Cash Flow to Interest Expense	8.99	11.78	12.70	6.40	2.52	7.41	9.43
Operating Cash Flow Less CapEx to Interest Expense	6.12	2.18	-6.49	-4.18	-1.76	4.87	3.97
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.00	1.11	1.08	1.19	1.06	1.31	1.42
Accounts Receivable Turnover	0.00	12.16	11.36	12.58	11.44	12.52	13.52
Inventory Turnover	0.00	19.11	17.68	15.76	12.10	13.36	14.32
Fixed Asset Turnover	0.00	2.27	2.22	2.29	1.88	2.36	2.61
Accounts Payable Turnover	0.00	18.77	18.20	18.44	15.50	15.55	15.71
Days Sales Outstanding (DSO)	0.00	30.01	32.13	29.02	31.89	29.15	27.00
Days Inventory Outstanding (DIO)	0.00	19.10	20.65	23.15	30.17	27.32	25.48
Days Payable Outstanding (DPO)	0.00	19.44	20.05	19.79	23.54	23.47	23.24
Cash Conversion Cycle (CCC)	0.00	29.66	32.73	32.38	38.52	32.99	29.24
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	0.00	480	557	587	627	625	642
Invested Capital Turnover	0.00	3.59	1.72	1.83	1.57	1.97	2.20
Increase / (Decrease) in Invested Capital	0.00	480	77	30	39	-1.20	17
Enterprise Value (EV)	0.00	108	1,364	1,260	786	912	867
Market Capitalization	96	106	1,341	1,176	666	837	814
Book Value per Share	$0.00	$59.19	$7.57	$7.11	$7.11	$7.72	$8.32
Tangible Book Value per Share	$0.00	$49.64	$6.48	$6.52	$6.55	$7.16	$7.76
Total Capital	0.00	648	700	667	698	715	742
Total Debt	0.00	174	166	144	170	138	122
Total Long-Term Debt	0.00	167	157	138	163	132	115
Net Debt	0.00	2.00	23	63	95	46	21
Capital Expenditures (CapEx)	30	64	71	58	50	32	51
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	52	76	79	86	77	69
Debt-free Net Working Capital (DFNWC)	0.00	178	167	132	129	136	135
Net Working Capital (NWC)	0.00	170	158	126	123	130	128
Net Nonoperating Expense (NNE)	7.84	16	-3.47	8.86	7.93	3.67	2.16
Net Nonoperating Obligations (NNO)	0.00	6.50	23	64	98	48	22
Total Depreciation and Amortization (D&A)	17	18	21	25	33	38	35
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	6.05%	8.53%	7.51%	8.97%	6.20%	4.94%
Debt-free Net Working Capital to Revenue	0.00%	20.60%	18.69%	12.66%	13.50%	11.01%	9.72%
Net Working Capital to Revenue	0.00%	19.74%	17.71%	12.09%	12.85%	10.52%	9.18%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.64	($0.49)	($0.04)	$0.52	$0.53
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	70.63M	70.67M	70.73M	70.91M	70.57M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.63	($0.49)	($0.04)	$0.52	$0.53
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	70.63M	70.67M	70.73M	70.91M	70.57M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	70.63M	70.67M	70.73M	70.91M	70.57M
Normalized Net Operating Profit after Tax (NOPAT)	80	45	41	8.61	4.83	45	43
Normalized NOPAT Margin	9.01%	5.22%	4.65%	0.82%	0.51%	3.68%	3.07%
Pre Tax Income Margin	10.87%	5.08%	7.40%	-2.98%	-0.09%	4.89%	4.45%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	9.99	10.10	16.81	-5.96	0.58	5.50	7.01
NOPAT to Interest Expense	7.72	6.71	11.20	-4.73	0.42	3.61	4.54
EBIT Less CapEx to Interest Expense	7.12	0.51	-2.38	-16.55	-3.70	2.95	1.55
NOPAT Less CapEx to Interest Expense	4.85	-2.88	-7.99	-15.32	-3.86	1.06	-0.92
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	7.81%	45.14%	0.00%	0.00%	0.00%	4.78%	3.21%
Augmented Payout Ratio	9.07%	51.74%	0.00%	0.00%	-19.35%	4.78%	18.27%

This table displays calculated financial ratios and metrics derived from Mission Produce's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2025	10/31/2025	1/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	70,569,517.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	70,569,517.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-0.01
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	8.02	7.45	3.90	8.28	12	20	6.13	4.40	15	17	-0.25
Return On Investment Capital (ROIC_SIMPLE)	-	1.07%	0.55%	-	-	2.82%	0.85%	0.58%	2.03%	2.26%	-0.03%
Earnings before Interest and Taxes (EBIT)	9.90	8.30	7.00	13	18	31	11	6.30	20	29	1.20
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	18	18	20	19	27	41	20	13	29	39	11
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	2.82	-32	-24	7.88	33	21	-0.67	-22	-29	0.20	-12
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	654	627	641	656	634	625	648	682	678	642	660
Increase / (Decrease) in Invested Capital	5.20	39	28	0.40	-20	-1.20	6.80	27	44	17	11
Book Value per Share	$7.06	$7.11	$7.13	$7.25	$7.44	$7.72	$7.77	$7.77	$8.05	$8.32	$8.32
Tangible Book Value per Share	$6.49	$6.55	$6.57	$6.69	$6.88	$7.16	$7.21	$7.22	$7.50	$7.76	$7.76
Total Capital	706	698	708	730	713	715	722	753	757	742	743
Total Debt	186	170	176	190	159	138	140	169	156	122	123
Total Long-Term Debt	179	163	173	187	153	132	137	166	150	115	119
Net Debt	131	95	107	113	78	46	64	97	77	21	39
Capital Expenditures (CapEx)	12	2.70	9.90	7.80	7.50	6.90	15	13	12	12	12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	110	86	99	111	93	77	88	111	104	69	83
Debt-free Net Working Capital (DFNWC)	136	129	140	158	143	136	131	150	151	135	131
Net Working Capital (NWC)	129	123	137	155	137	130	128	147	145	128	127
Net Nonoperating Expense (NNE)	1.82	1.45	1.90	1.28	0.15	-0.49	-0.07	1.40	0.88	0.00	-0.15
Net Nonoperating Obligations (NNO)	134	98	110	116	80	48	65	98	78	22	40
Total Depreciation and Amortization (D&A)	7.70	10	13	5.70	9.00	10	8.80	7.00	8.50	11	9.30
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.09	$0.06	$0.00	$0.10	$0.17	$0.25	$0.06	$0.04	$0.21	$0.22	($0.01)
Adjusted Weighted Average Basic Shares Outstanding	70.79M	70.73M	70.85M	70.91M	70.91M	70.91M	71.07M	70.62M	70.62M	70.57M	70.85M
Adjusted Diluted Earnings per Share	$0.09	$0.06	$0.00	$0.10	$0.17	$0.25	$0.05	$0.04	$0.21	$0.23	($0.01)
Adjusted Weighted Average Diluted Shares Outstanding	70.79M	70.73M	70.85M	70.91M	70.91M	70.91M	71.07M	70.62M	70.62M	70.57M	70.85M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	70.79M	70.73M	70.85M	70.91M	70.91M	70.91M	71.07M	70.62M	70.62M	70.57M	70.85M
Normalized Net Operating Profit after Tax (NOPAT)	8.02	5.04	5.60	8.28	12	20	6.13	4.40	15	17	1.75
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

Financials Breakdown Chart

Key Financial Trends

MarketBeat analysis of Mission Produce, Inc. (AVO) uses the last four years of quarterly statements to identify ongoing trends in revenue, margins, cash flow, and the balance sheet. Here are the ten most important takeaways for retail investors.

Strong top-line growth: 2022 through 2025 show a clear revenue expansion, with 2025 annual revenue running around $1.39 billion (roughly $320–$380 million per quarter, as seen in Q1–Q4 2025).
Gross margin consistency in the mid-teens: Across the period, gross margins generally sit in the low-to-mid teens, indicating resilient profitability despite quarterly volatility in costs and avocado input prices.
Steady quarterly operating profitability in 2024–2025: Each quarter of 2025 shows positive operating income (examples: Q4 2025 about $28.0M on $319M revenue; Q3 2025 about $21.0M; Q2 2025 about $6.9M; Q1 2025 about $9.3M), signaling ongoing earnings power as revenue grows.
Robust cash flow from operations: Net cash from continuing operating activities remained solid in the 2024–2025 window (examples include Q4 2025 around $67.2M and Q3 2025 around $34.4M), supporting liquidity and potential deleveraging.
Healthy liquidity on the balance sheet: Recent quarters show total current assets roughly in the $280–300M range and total current liabilities around $140–170M, implying a current ratio near 2x in several periods (e.g., Q3 2025: current assets ≈ $284.7M, current liabilities ≈ $139.9M).
Strong equity base and retained earnings growth: By 2025, total equity and noncontrolling interests sit around $600M, with total common equity near $569M, suggesting a solid, growing capital base to support operations.
Seasonality and quarterly volatility in revenue: Revenue narratives swing seasonally (e.g., Q4 2025 revenue of about $319M vs. Q3 2025’s $357.7M), reflecting commodity and market cycles that impinge on quarterly results.
Debt financing activity creates cash-flow variability: The company uses debt for financing and capex in several quarters (examples include modest debt issuances in 2025 and related repayments), which can shift cash flows quarter-to-quarter.
Financing-cash outflows in some periods: Net cash from financing activities was negative in certain quarters (for example, Q4 2025 shows a sizeable financing-outflow as debt repayments and related items occur), reducing overall cash generation in those windows.

05/07/26 05:28 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Mission Produce's Financials

When does Mission Produce's fiscal year end?

According to the most recent income statement we have on file, Mission Produce's financial year ends in October. Their financial year 2025 ended on October 31, 2025.

How has Mission Produce's net income changed over the last 6 years?

Mission Produce's net income appears to be on a downward trend, with a most recent value of $40.50 million in 2025, falling from $71.70 million in 2019. The previous period was $41.80 million in 2024. See Mission Produce's forecast for analyst expectations on whatâ€™s next for the company.

What is Mission Produce's operating income?

Mission Produce's total operating income in 2025 was $65.20 million, based on the following breakdown:

Total Gross Profit: $160.70 million
Total Operating Expenses: $95.50 million

How has Mission Produce's revenue changed over the last 6 years?

Over the last 6 years, Mission Produce's total revenue changed from $883.30 million in 2019 to $1.39 billion in 2025, a change of 57.5%.

How much debt does Mission Produce have?

Mission Produce's total liabilities were at $363.10 million at the end of 2025, a 7.9% decrease from 2024, and a 19.5% increase since 2020.

How much cash does Mission Produce have?

In the past 5 years, Mission Produce's cash and equivalents has ranged from $42.90 million in 2023 to $124 million in 2020, and is currently $64.80 million as of their latest financial filing in 2025.

How has Mission Produce's book value per share changed over the last 6 years?

Over the last 6 years, Mission Produce's book value per share changed from 0.00 in 2019 to 8.32 in 2025, a change of 831.6%.

Related Companies

Financial statements for NASDAQ:AVO last updated on 3/13/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Mission Produce (AVO) Financials

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Mission Produce (AVO) Financials

Annual Income Statements for Mission Produce

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Quarterly Cash Flow Statements for Mission Produce

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Quarterly Metrics And Ratios for Mission Produce

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