Zacks Investment Research·19h ago
Is AVO's Sustainable Growth Strategy Built for the Long Run?Mission Produce is betting on diversified sourcing, category expansion and the Calavo deal to drive sustainable growth beyond avocado market volatility.
Mission Produce, Inc.(AVO)Earnings, Financials & Key Ratios
AVO•NASDAQ
$13.45
25.4× P/E·Price updated Jul 7, 2026
AboutMission Produce, Inc. engages in sourcing, producing, packaging, and distributing avocados in the United States and internationally. The company operates through two segments, Marketing and Distribution, and International Farming. It also provides value-added services, including ripening, bagging, custom packing, and logistical management. The company serves retail, wholesale, and foodservice customers. The company was founded in 1983 and is headquartered in Oxnard, California.Show more
- Revenue$1.39B+12.7%
- EBITDA$106M+2.6%
- Net Income$38M+2.7%
- EPS (Diluted)0.53+1.9%
- Gross Margin11.55%-6.5%
- EBITDA Margin7.63%-8.9%
- Operating Margin5.14%-3.4%
- Net Margin2.71%-8.8%
- ROE6.3%-5.2%
AVO Price & Volume
Mission Produce, Inc. (AVO) stock price & volume — 10-year historical chart
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Cyclical Headwinds Challenge Mission Produce Operational Stability
Investment Thesis • Updated 2026Q2
VerdictNegative
Growth:Decelerating
Profitability:Strained
Financial:Healthy
Cash Flow:Deteriorating
Primary Risk:Commodity price volatility exposure
Key Thesis Takeaways
- Mission Produce faces significant headwinds as its vertically integrated model struggles with commodity price volatility, evidenced by a sharp 23.5% year-over-year revenue contraction in 2026Q2.
- While the company maintains a conservative debt-to-equity ratio of 0.36, the deterioration of net margins to -2.5% and negative free cash flow generation suggest that the current asset-heavy infrastructure may be a liability during low-yield cycles.
- Investors should monitor whether the company can stabilize its operating income, which swung to a $600,000 loss in the most recent quarter, before committing capital to this volatile food distribution play.
Verdict Logic
the company's inability to maintain positive operating income, which resulted in a $7.2 million net loss in 2026Q2, combined with a -10.0% free cash flow margin, indicates significant operational instability.
AVO Growth Metrics
Mission Produce, Inc. (AVO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years10.04%
3 Years9.98%
TTM-10.53%
Profit CAGR
10 Years-
5 Years5.53%
3 Years-
TTM-37.87%
EPS CAGR
10 Years-
5 Years5.27%
3 Years-
TTM1122.68%
Return on Capital
10 Years6.63%
5 Years4.18%
3 Years5.81%
Last Year8.56%
AVO Recent Earnings
Mission Produce, Inc. (AVO) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 11/12 qtrs (92%)
Q3 2026Latest
Jun 8, 2026Metric
Actual
Est
EPS
$0.10-287.5%
$0.05
Rev
$291M+13.5%
$256M
Q2 2026
Mar 12, 2026Metric
Actual
Est
EPS
$0.01-85.7%
$0.07
Rev
$279M+6.9%
$261M
Q4 2025
Dec 18, 2025Metric
Actual
Est
EPS
$0.31+34.8%
$0.23
Rev
$319M+8.5%
$294M
Q4 2025
Sep 8, 2025Metric
Actual
Est
EPS
$0.26+100.0%
$0.13
Rev
$358M+11.7%
$320M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 8, 2026 | $0.10vs $0.05-287.5% | $291Mvs $256M+13.5% |
| Q2 2026 | Mar 12, 2026 | $0.01vs $0.07-85.7% | $279Mvs $261M+6.9% |
| Q4 2025 | Dec 18, 2025 | $0.31vs $0.23+34.8% | $319Mvs $294M+8.5% |
| Q4 2025 | Sep 8, 2025 | $0.26vs $0.13+100.0% | $358Mvs $320M+11.7% |
Based on last 12 quarters of dataView full earnings history →
Latest AVO News
Recent stock market news and headlines for Mission Produce, Inc. (AVO)
Zacks Investment Research·1 day ago
Mission Produce vs. Limoneira: Which Stock Is Poised to Gain?AVO and LMNR differ in scale, crop exposure, asset mix and growth drivers as investors compare their fundamentals.
The Motley Fool·2 days ago
A Mission Produce Director Bought 40,000 Company Shares. Here's What That Means for Investors.Director Jay Pack acquired 40,000 shares of Common Stock on June 30, 2026, at around $12.10 per share for a transaction value of ~$484,000. Total direct ownership rose to 579,965 shares while indirect holdings were unaffected.
Zacks Investment Research·4 days ago
Can the Blueberries Segment Accelerate Mission Produce's Growth?AVO's blueberries segment is gaining momentum as volumes, pricing and Peruvian infrastructure use support its long-term growth strategy.
Fool - Investing News·Jun 29, 2026
Mission Produce Insider Buys 100,000 Shares as Avocado Production Surges. Is AVO a Buy?As a vertically integrated avocado supplier, Mission Produce attracted notable insider buying amid a year of modest share price declines.
Peers Comparison
Key metrics vs top competitors for Mission Produce, Inc. (AVO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $13.45 | $950.35M | 25.38 | 12.68% | 2.71% | 6.3% | — | |
| $26.09 | $466.33M | 23.50 | -1.98% | 2.61% | 7.76% | — | |
| $10.38 | $2.87B | 16.48 | 16.43% | 20.69% | 18.54% | — | |
| $14.20 | $1.35B | 20.58 | 8.23% | 0.46% | 2.88% | — | |
| $115.50 | $18.14B | 52.98 | 8.61% | 0.49% | 7.13% | — | |
| $98.21 | $4B | 58.46 | 9.36% | 1.87% | 13.54% | — |
Compare AVO vs Peers
Mission Produce, Inc. (AVO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AVO SEC Filings & Documents
Mission Produce, Inc. (AVO) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Jun 8, 2026·SEC
Material company update
May 29, 2026·SEC
Material company update
May 22, 2026·SEC
10-K Annual Reports
210-Q Quarterly Reports
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AVO Frequently Asked Questions
Mission Produce, Inc. (AVO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Mission Produce, Inc.'s revenue?
Mission Produce, Inc. (AVO) reported $1.25B in revenue for fiscal year 2025. This represents a 45% increase from $859.9M in 2018.
How fast is Mission Produce, Inc. growing?
Mission Produce, Inc. (AVO) grew revenue by 12.7% over the past year. This is steady growth.
Is AVO profitable?
Yes, Mission Produce, Inc. (AVO) is profitable, generating $22.8M in net income for fiscal year 2025 (2.7% net margin).
Dividend & Returns
What is AVO's return on equity?
Mission Produce, Inc. (AVO) has a return on equity (ROE) of 6.3%. This is below average, suggesting room for improvement.
What is Mission Produce, Inc.'s free cash flow?
Mission Produce, Inc. (AVO) generated $34.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.