# Mission Produce Inc. (AVO)

**Exchange:** NASDAQ  
**Sector:** Consumer Defensive  
**Market cap:** $802M  
**Price:** $11.24 (+3.40%)

> Mission Produce Inc. is a leading global company specializing in the sourcing, farming, packaging, marketing, and distribution of fresh Hass avocados, mangoes, and blueberries. It serves food retailers, wholesalers, and foodservice customers throughout the United States and international markets. The company operates across three key segments: Marketing and Distribution, which sources fruit from growers and manages global distribution; International Farming, encompassing owned orchards in regions like Peru, Colombia, and California; and Blueberries, focused on plantation and harvesting activities. Mission Produce Inc. provides essential services including ripening, bagging, custom packing, logistical management, quality assurance, merchandising support, promotional assistance, market trend insights, and training. Its vertically integrated operations and extensive grower relationships across premium regions such as Mexico, Chile, Guatemala, New Zealand, and South Africa ensure consistent year-round supply of high-quality produce. Founded in 1983 and headquartered in Oxnard, California, Mission Produce Inc. plays a vital role in the food distribution industry within the consumer staples sector, leveraging advanced infrastructure like packing facilities and distribution centers to meet growing demand for fresh avocados and other fruits.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.39B | $161M | $65M | $38M | — |
| 2024 | $1.23B | $153M | $66M | $37M | — |
| 2023 | $954M | $83M | $7M | -$3M | — |
| 2022 | $1.05B | $90M | -$37M | -$35M | — |
| 2021 | $892M | $125M | $61M | $45M | — |
| 2020 | $862M | $125M | $68M | $29M | — |
| 2019 | $883M | $155M | $107M | $72M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $983M | $363M | $587M | $65M | $96M |
| 2024 | $972M | $394M | $547M | $58M | $114M |
| 2023 | $915M | $387M | $504M | $43M | $152M |
| 2022 | $880M | $357M | $502M | $53M | $140M |
| 2021 | $874M | $339M | $534M | $85M | $164M |
| 2020 | $777M | $304M | $474M | $124M | $174M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $89M | $51M | $37M |
| 2024 | $93M | $32M | $61M |
| 2023 | $29M | $50M | -$21M |
| 2022 | $35M | $61M | -$26M |
| 2021 | $47M | $73M | -$26M |
| 2020 | $79M | $67M | $12M |
| 2019 | $93M | $30M | $63M |

Source: [CompaniesByCap](https://companiesbycap.com/company/AVO)