Is the business good?
How good a business is AVO?
Mission Produce, Inc. earns 5.3% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
5.3%
Return on invested capital · cost of capital 9.0% · 3.7 points below what the capital costs: growth destroys value
- Operating margin
- 3.6%
Operating margin · Food Distribution median 3.3% · 12 months to Q2 2026
- Cash conversion
- 1.50×
Cash conversion · 0.68× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −0.45%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 7.9% |
| FY2021 | 6.8% |
| FY2022 | −3.6% |
| FY2023 | 0.72% |
| FY2024 | 5.3% |
| FY2025 | 4.7% |
Details›
- Gross margin12 months to Q2 2026
- 12%
- Operating margin12 months to Q2 2026
- 3.6%
- Net margin12 months to Q2 2026
- 1.8%
- Free cash flow margin
- 2.8%
- Revenue, trailing twelve months
- $1.25B
- Free cash flow, trailing twelve months
- $34M
- Net income, trailing twelve months
- $23M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 5.3%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.