SequelSEC

Mission Produce, Inc. AVO

Agricultural Services · CIK 0001802974 · Fiscal year ends 1031

Revenue
$1.39B
Fiscal year ended 2025-10-31
Operating income
$65.20M
Fiscal year ended 2025-10-31
Free cash flow
$37.20M
Fiscal year ended 2025-10-31

Valuation, from the filing

Public float$496.00MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-04-30
Float per share$7.03Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income13.2×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue0.4×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.8×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-04-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-10-31 — the year that filing covered.

Valuation over time

13.2× earnings today, against a median of 14.0× across 3 years on record. In line with its own history.

Float measuredPublic floatFloat / net income
2025-04-30$496.00M13.2×
2024-04-30$512.00M14.0×
2021-04-30$798.00M17.8×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Agricultural Services filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Net margin2.7%100th
Revenue YoY growth12.7%80th
Current ratio1.95x40th
Gross margin11.6%40th
Operating margin4.7%60th

Mission Produce, Inc. (AVO) reported revenue of $1.39B and net income of $37.70M for the fiscal year ended 2025-10-31. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from Mission Produce, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Agricultural Services.

Income

Mission Produce, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-10-312024-10-312023-10-312022-10-312021-10-312020-10-312019-10-31
Revenue$1.39B$1.23B$953.90M$1.05B$891.70M$862.30M$883.30M
Cost of revenue$1.23B$1.08B$870.60M$956.10M$767.20M$737.70M$728.60M
Gross profit$160.70M$152.50M$83.30M$89.80M$124.50M$124.60M$154.70M
Operating income$65.20M$65.70M$6.90M-$37.20M$60.90M$68.40M$106.50M
Net income$37.70M$36.70M-$2.80M-$34.60M$44.90M$28.80M$71.70M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 71.33Mshares 71.01Mshares 70.75Mshares 70.65Mshares 71.07Mshares 63.66Mshares 63.48M
Pretax income$61.90M$60.40M-$900.00K-$31.20M$66.00M$43.80M$96.00M
Income tax expense$21.40M$18.60M$2.20M$3.70M$21.10M$15.00M$24.30M
Diluted EPS$0.53$0.52$-0.04$-0.49$0.63$0.45$1.13
Selling, general & administrative$95.50M$86.80M$76.40M$77.50M$63.60M$56.20M$48.20M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Mission Produce, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-10-312024-10-312023-10-312022-10-312021-10-312020-10-312019-10-31
Cash & equivalents$64.80M$58.00M$42.90M$52.80M$84.50M$124.00M$64.00M
Total assets$983.00M$971.50M$914.80M$879.50M$873.50M$777.30MUnavailable
Current assets$262.20M$279.00M$220.10M$228.10M$247.10M$248.10MUnavailable
Total liabilities$363.10M$394.40M$386.50M$356.60M$339.30M$303.80MUnavailable
Current liabilities$134.50M$149.10M$97.50M$101.70M$89.20M$77.90MUnavailable
Total equity incl. NCI$619.90M$577.10M$528.30M$522.90M$534.20M$473.50M$379.00M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$80.60M$91.20M$70.80M$73.10M$48.20M$38.60MUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Goodwill$39.40M$39.40M$39.40M$39.40M$76.40M$76.40MUnavailable
Long-term debt$92.80M$110.70M$148.60M$136.90M$155.10M$166.70MUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

Mission Produce, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-10-312024-10-312023-10-312022-10-312021-10-312020-10-312019-10-31
Operating cash flow$88.60M$93.40M$29.20M$35.20M$47.00M$78.90M$92.60M
Capital expenditures$51.40M$32.20M$49.80M$61.20M$73.40M$67.30M$29.70M
Investing cash flow-$51.90M-$33.50M-$54.10M-$51.40M-$70.30M-$67.70M-$30.70M
Financing cash flow-$29.50M-$43.80M$14.30M-$21.80M-$11.50M$50.10M-$26.80M
Net change in cash$7.20M$16.10M-$10.70M-$38.30M-$34.80M$61.40M$35.10M
Stock-based compensation$8.80M$7.10M$4.50M$3.60M$2.60M$5.00M$0
Common dividends paidUnavailableUnavailableUnavailable$0$0$13.00M$5.60M
Common share repurchases$6.10M$0$600.00K$0$0$1.90M$900.00K
Depreciation & amortization$34.60M$37.70M$32.80M$24.80M$20.40M$18.10M$16.50M

Derived

Mission Produce, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-10-312024-10-312023-10-312022-10-312021-10-312020-10-312019-10-31
Free cash flow$37.20M$61.20M-$20.60M-$26.00M-$26.40M$11.60M$62.90M
Gross margin11.6%12.4%8.7%8.6%14.0%14.4%17.5%
Operating margin4.7%5.3%0.7%-3.6%6.8%7.9%12.1%
FCF margin2.7%5.0%-2.2%-2.5%-3.0%1.3%7.1%
SBC / revenue0.6%0.6%0.5%0.3%0.3%0.6%0.0%
Current ratio1.95x1.87x2.26x2.24x2.77x3.18xUnavailable
Revenue YoY growth12.7%29.4%-8.8%17.3%3.4%-2.4%Unavailable
Net margin2.7%3.0%-0.3%-3.3%5.0%3.3%8.1%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue3.7%2.6%5.2%5.9%8.2%7.8%3.4%
Long-term debt / equity0.15xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate34.6%30.8%UnavailableUnavailable32.0%34.2%25.3%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AVO in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-09-08View SEC filing
10-Q · Filed 2026-06-08View SEC filing
10-Q · Filed 2026-03-12View SEC filing
10-K · Filed 2025-12-18View SEC filing
10-Q · Filed 2025-09-08View SEC filing
10-Q · Filed 2025-06-05View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.