Mission Produce, Inc.

AVO

Consumer DefensiveSmall CapUS Equities · NYSE / NASDAQ

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Company Profile

Mission Produce, Inc. engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, wholesalers, and foodservice customers in the United States and internationally. The company operates through three segments, Marketing and Distribution; International Farming; and Blueberries. It also provides ripening, bagging, custom packing, logistical management, and quality assurance services. In addition, the company offers merchandising and promotional support, and insights on market trends, and training services. Mission Produce, Inc. was founded in 1983 and is headquartered in Oxnard, California.

Valuation

Market Cap$939M

Current Price$11.64as of Jun 23, 2026

P/E Ratio24.90

P/B Ratio1.60

EV / EBITDA10.15

EV / Sales0.77

Profitability

Operating Margin4.7%

Net Profit Margin2.7%

EBITDA Margin7.6%

Returns

ROE6.4%

ROCE7.7%

ROIC %6.2%

ROA3.8%

Solvency

Current Ratio1.95

Debt / Equity0.34

Debt / Assets0.20

CFO / Net Profit2.35

Price History▼ 5.06% over 1Y

Technical Chart

Historical Performance Charts

5-year financial trends. Figures in USD millions.

Revenue vs Net Profit (5Y)

Free Cash Flow vs Operating Cash Flow (5Y)

Operating Margin % (5Y)

Growth Summary

Latest fiscal year: 2025

Revenue$1.4B▲ 12.7%

EBITDA$106M▼ 4.3%

Net Profit$38M▲ 2.7%

Cash from Ops (CFO)$89M▼ 5.1%

Free Cash Flow (FCF)$37M▼ 39.2%

Revenue CAGR 3Y10.0%

Revenue CAGR 5Y-

Net Profit CAGR 3Y-

Net Profit CAGR 5Y-

Historical Growth

Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)

Year	Revenue	EBITDA	Net Profit	FCF	ROE	Rev Growth 1Y	NP Growth 1Y
2025	$1.4B	$106M	$38M	$37M	6.4%	12.7%	2.7%
2024	$1.2B	$111M	$37M	$61M	6.7%	29.4%	-1410.7%
2023	$954M	$44M	$-3M	$-21M	-0.6%	-8.8%	-91.9%
2022	$1.0B	$-1M	$-35M	$-26M	-6.9%	-	-
2021	-	-

Financial Statements

Income statement, balance sheet, and cash flow as reported

Consolidated Figures in USD Millions.

Metric	2021	2022	2023	2024	2025
Total Revenue	-	1,045.90	953.90	1,234.70	1,391.20
Operating Revenue	-	1,045.90	953.90	1,234.70	1,391.20
Cost Of Revenue	-	956.10	870.60	1,082.20	1,230.50
Gross Profit	-	89.80	83.30	152.50	160.70
Operating Expense	-	77.50	76.40	86.80	95.50
Selling General And Administration	-	77.50	76.40	86.80	95.50
Total Expenses	-	1,033.60	947	1,169	1,326
Operating Income	-	12.30	6.90	65.70	65.20
Total Operating Income As Reported	-	-37.20	6.90	65.70	65.20
EBITDA	-	-0.90	43.50	110.70	105.90
Normalized EBITDA	-	43.90	45.20	109.20	106.90
EBIT	-	-25.70	10.70	73	71.30
Interest Income	-	1.70	1.50	2.10	1.70
Interest Expense	-	5.50	11.60	12.60	9.40
Net Interest Income	-	-3.80	-10.10	-10.50	-7.70
Other Non Operating Income Expenses	0.50	-	-	-	-
Other Income Expense	-	-39.70	2.30	5.20	4.40
Interest Income Non Operating	-	1.70	1.50	2.10	1.70
Interest Expense Non Operating	-	5.50	11.60	12.60	9.40
Net Non Operating Interest Income Expense	-	-3.80	-10.10	-10.50	-7.70
Pretax Income	-	-31.20	-0.90	60.40	61.90
Tax Provision	-	3.70	2.20	18.60	21.40
Tax Rate For Calcs	-	0	0	0	0
Tax Effect Of Unusual Items	-	-9.41	-0.36	0.46	-0.35
Net Income Continuous Operations	-	-34.90	-3.10	41.80	40.50
Net Income From Continuing And Discontinued Operation	-	-34.60	-2.80	36.70	37.70
Net Income From Continuing Operation Net Minority Interest	-	-34.60	-2.80	36.70	37.70
Net Income	-	-34.60	-2.80	36.70	37.70
Net Income Common Stockholders	-	-34.60	-2.80	36.70	37.70
Net Income Including Noncontrolling Interests	-	-34.90	-3.10	41.80	40.50
Normalized Income	-	0.79	-1.46	35.66	38.35
Diluted NI Availto Com Stockholders	-	-34.60	-2.80	36.70	37.70
Basic Average Shares	-	71.22	70	70.58	71.13
Diluted Average Shares	-	71.22	70.75	71.01	71.33
Reconciled Depreciation	-	24.80	32.80	37.70	34.60
Reconciled Cost Of Revenue	-	956.10	870.60	1,082.20	1,230.50
Total Unusual Items	-	-44.80	-1.70	1.50	-1
Total Unusual Items Excluding Goodwill	-	-44.80	-1.70	1.50	-1
Minority Interests	-	0.30	0.30	-5.10	-2.80
Special Income Charges	-0.10	-47.50	0	0	-
Other Special Charges	0.10	-	-	-	-
Write Off	0	0	-	-	-
Impairment Of Capital Assets	0	49.50	0	0	-
Restructuring And Mergern Acquisition	0	-2	0	0	-
Gain On Sale Of Security	-	2.70	-1.70	1.50	-1
Earnings From Equity Interest	-	5.10	4	3.70	5.40

Peer Comparison

Consumer Defensive sector peers, ranked by market cap

Company	Ticker	Market Cap	P/E	P/B	ROE	EV/EBITDA
Mission Produce, Inc.this co.	AVO	$939M	24.90↑ premium	1.60	6.4%	10.15
Phoenix Education Partners, Inc.	PXED	$1.1B	8.34	4.53	54.3%	5.15
The Simply Good Foods Company	SMPL	$1.1B	10.44	0.60	5.7%	6.87
Seneca Foods Corporation	SENEA	$984M	23.87	1.56	6.5%	9.86
American Public Education, Inc.	APEI

Learn while you research

Hand-picked academy chapters to deepen your understanding of Mission Produce, Inc. and the metrics that matter.

01 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read 02 Stock Market Risks

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Year

Revenue

EBITDA

Net Profit

FCF

ROE

Rev Growth 1Y

NP Growth 1Y

2025

$1.4B

$106M

$38M

$37M

6.4%

12.7%

2.7%

2024

$1.2B

$111M

$37M

$61M

6.7%

29.4%

-1410.7%

2023

$954M

$44M

$-3M

$-21M

-0.6%

-8.8%

-91.9%

2022

$1.0B

$-1M

$-35M

$-26M

-6.9%

2021

Metric

2021

2022

2023

2024

2025

Total Revenue

1,045.90

953.90

1,234.70

1,391.20

Operating Revenue

1,045.90

953.90

1,234.70

1,391.20

Cost Of Revenue

956.10

870.60

1,082.20

1,230.50

Gross Profit

89.80

83.30

152.50

160.70

Operating Expense

77.50

76.40

86.80

95.50

Selling General And Administration

77.50

76.40

86.80

95.50

Total Expenses

1,033.60

947

1,169

1,326

Operating Income

12.30

6.90

65.70

65.20

Total Operating Income As Reported

-37.20

6.90

65.70

65.20

EBITDA

-0.90

43.50

110.70

105.90

Normalized EBITDA

43.90

45.20

109.20

106.90

EBIT

-25.70

10.70

71.30

Interest Income

1.70

1.50

2.10

1.70

Interest Expense

5.50

11.60

12.60

9.40

Net Interest Income

-3.80

-10.10

-10.50

-7.70

Other Non Operating Income Expenses

0.50

Other Income Expense

-39.70

2.30

5.20

4.40

Interest Income Non Operating

1.70

1.50

2.10

1.70

Interest Expense Non Operating

5.50

11.60

12.60

9.40

Net Non Operating Interest Income Expense

-3.80

-10.10

-10.50

-7.70

Pretax Income

-31.20

-0.90

60.40

61.90

Tax Provision

3.70

2.20

18.60

21.40

Tax Rate For Calcs

Tax Effect Of Unusual Items

-9.41

-0.36

0.46

-0.35

Net Income Continuous Operations

-34.90

-3.10

41.80

40.50

Net Income From Continuing And Discontinued Operation

-34.60

-2.80

36.70

37.70

Net Income From Continuing Operation Net Minority Interest

-34.60

-2.80

36.70

37.70

Net Income

-34.60

-2.80

36.70

37.70

Net Income Common Stockholders

-34.60

-2.80

36.70

37.70

Net Income Including Noncontrolling Interests

-34.90

-3.10

41.80

40.50

Normalized Income

0.79

-1.46

35.66

38.35

Diluted NI Availto Com Stockholders

-34.60

-2.80

36.70

37.70

Basic Average Shares

71.22

70.58

71.13

Diluted Average Shares

71.22

70.75

71.01

71.33

Reconciled Depreciation

24.80

32.80

37.70

34.60

Reconciled Cost Of Revenue

956.10

870.60

1,082.20

1,230.50

Total Unusual Items

-44.80

-1.70

1.50

-1

Total Unusual Items Excluding Goodwill

-44.80

-1.70

1.50

-1

Minority Interests

0.30

-5.10

-2.80

Special Income Charges

-0.10

-47.50

Other Special Charges

0.10

Write Off

Impairment Of Capital Assets

49.50

Restructuring And Mergern Acquisition

-2

Gain On Sale Of Security

2.70

-1.70

1.50

-1

Earnings From Equity Interest

5.10

3.70

5.40

Company

Ticker

Market Cap

P/E

P/B

ROE

EV/EBITDA

Mission Produce, Inc.this co.

AVO

$939M

24.90↑ premium

1.60

6.4%

10.15

Phoenix Education Partners, Inc.

PXED

$1.1B

8.34

4.53

54.3%

5.15

The Simply Good Foods Company

SMPL

$1.1B

10.44

0.60

5.7%

6.87

Seneca Foods Corporation

SENEA

$984M

23.87

1.56

6.5%

9.86

American Public Education, Inc.

APEI

Mission Produce, Inc.

Valuation

Profitability

Returns

Solvency

Historical Performance Charts

Revenue vs Net Profit (5Y)

Free Cash Flow vs Operating Cash Flow (5Y)

Operating Margin % (5Y)

Growth Summary

Historical Growth

Financial Statements

Peer Comparison

Mission Produce, Inc.

Valuation

Profitability

Returns

Solvency

Historical Performance Charts

Revenue vs Net Profit (5Y)

Free Cash Flow vs Operating Cash Flow (5Y)

Operating Margin % (5Y)

Growth Summary

Historical Growth

Financial Statements

Peer Comparison

Key concepts to brush up on