
Calavo Growers Income Statement 2025-2011 | CVGW
Brief overview of financial performance at Calavo Growers
This overview is based on financial performance over the past five years. The revenue attributed to Calavo Growers moved from $1.1 billion to $648 million between the two endpoints. Overall revenue changed by −38.8%, equal to an annualized rate of about −9.4%. Revenue ended the period on a sustained downward trend.
Gross profit changed from 89.9 million dollars to 63.7 million dollars (−29.2%). Direct costs broadly followed the top-line trend. Gross profit as a share of revenue changed from 8.5% to 9.8%. There was no meaningful shift in gross profitability.
The operating result measured by EBITDA moved from $48.3 million to $27.1 million, or −43.9%. There was no major divergence between EBITDA and revenue. EBITDA margin moved from 4.6% to 4.2%. The EBITDA margin stayed near its previous level.
Comparing the endpoints shows a move from −$13.6 million to $19.8 million. The company restored profitability by the end of the period.
Market capitalization changed from $1.2 billion to $400 million (−66.5%). Investors remain cautious despite better financial results.
Overall conclusion
Signs of deterioration dominate the five-year picture. The constructive conclusion rests on consistent operating efficiency, better sales economics and improving net profitability. The weaker side of the profile includes weak sales momentum, declining capitalization and a narrow EBITDA buffer. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement Calavo Growers
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
400 M | 429 M | 470 M | 589 M | 747 M | 1.19 B | 1.56 B | 1.72 B | 1.33 B | 936 M | 979 M | 677 M | 458 M | 356 M | 392 M |
Shares |
17.8 M | 17.8 M | 17.8 M | 17.7 M | 17.6 M | 17.6 M | 17.5 M | 17.5 M | 17.4 M | 17.3 M | 17.3 M | 15.8 M | 14.9 M | 14.8 M | 14.7 M |
Historical Prices |
22.4 | 24.1 | 26.5 | 33.3 | 42.4 | 68.3 | 88 | 70.2 | 80.1 | 57.5 | 45.1 | 42.9 | 26.8 | 21.7 | 21.7 |
Net Income |
19.8 M | -1.08 M | -8.34 M | -6.25 M | -11.8 M | -13.6 M | 36.6 M | 32.3 M | 37.3 M | 38 M | 27.2 M | 97 K | 17.3 M | 17.1 M | 11.1 M |
Revenue |
648 M | 662 M | 594 M | 770 M | 1.06 B | 1.06 B | 1.2 B | 1.09 B | 1.08 B | 936 M | 857 M | 783 M | 691 M | 551 M | 523 M |
Cost of Revenue |
585 M | 594 M | 531 M | 715 M | 998 M | 969 M | 1.07 B | 975 M | 961 M | 828 M | 772 M | 711 M | 632 M | 490 M | 480 M |
Gross Profit |
63.7 M | 67.8 M | 62.6 M | 54.7 M | 57.4 M | 89.9 M | 128 M | 114 M | 115 M | 108 M | 85.2 M | 71.2 M | 60.1 M | 60.7 M | 42.9 M |
Operating Income |
19.6 M | 16.7 M | 12.2 M | 6.79 M | -10 M | 32.2 M | 71 M | 56.5 M | 57.9 M | 61.1 M | 43.7 M | -16.5 M | -6.9 M | 25.4 M | 18.3 M |
Interest Expense |
1 M | 641 K | 260 K | 803 K | 798 K | 877 K | 948 K | 831 K | 1.02 M | 756 K | 830 K | 983 K | 1.1 M | 1.15 M | 1.02 M |
EBITDA |
27.1 M | 27.3 M | 29.5 M | 23.4 M | 7.57 M | 48.3 M | 82.6 M | 69.6 M | 68.6 M | 69.9 M | 51.7 M | 41.5 M | 31.5 M | 33.4 M | 22.7 M |
Operating Expenses |
- | - | - | - | - | - | 59.1 M | 57.1 M | 56.7 M | 46.4 M | 41.6 M | 36.6 M | 35 M | 33.1 M | 24.5 M |
General and Administrative Expenses |
42.1 M | 50 M | 47.3 M | 46.5 M | 56.5 M | 58 M | 59.1 M | 57.1 M | 56.7 M | 46.4 M | 41.6 M | 36.6 M | 35 M | 33.1 M | 24.5 M |
All numbers in USD currency
Quarterly Income Statement Calavo Growers
| 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
17.9 M | 17.9 M | 17.9 M | 17.8 M | 17.8 M | 17.8 M | 17.8 M | 17.8 M | 17.8 M | 17.8 M | 17.8 M | 17.7 M | 17.7 M | 17.7 M | 17.7 M | 17.7 M | 17.6 M | 17.6 M | 17.6 M | 17.6 M | 17.5 M | 17.6 M | 17.6 M | 17.6 M | 17.5 M | 17.5 M | 17.5 M | 17.5 M | 17.4 M | 17.5 M | 17.5 M | 17.5 M | 17.4 M | 17.4 M | 17.4 M | 17.4 M | 17.3 M | 17.3 M | 17.4 M | 17.3 M | 17.3 M | 17.3 M | 17.3 M | 17.3 M | 15.7 M | 15.8 M | 15.8 M | 15.8 M | 14.8 M | 15 M | 14.8 M | 14.8 M | 14.8 M | 14.8 M | 14.8 M | 14.8 M | 14.7 M | 14.7 M | 14.8 M | 14.7 M |
Net Income |
732 K | - | 4.71 M | 6.85 M | 4.42 M | - | -732 K | 6.06 M | -6.27 M | - | 6.63 M | -4 M | -3.07 M | -2.93 M | 1.3 M | -191 K | -4.04 M | 1.14 M | -13 M | 8.84 M | -938 K | -19.9 M | -15.6 M | -3.28 M | 4.49 M | 31.4 M | 10.6 M | 16.3 M | 7.14 M | 33.6 M | 12.4 M | 14.1 M | 5.25 M | 27 M | 8.81 M | 12.9 M | 6.35 M | 28.8 M | 12.7 M | 9.69 M | 5.3 M | 22.4 M | 8.64 M | 8.47 M | -1.77 M | -1.24 M | 1.55 M | 6.71 M | -1.41 M | -3.57 M | 2.67 M | 509 K | 2.68 M | 10.9 M | 5.66 M | 2.55 M | 2.31 M | 7.43 M | 2.71 M | 2.4 M |
Revenue |
122 M | - | 179 M | 191 M | 154 M | - | 180 M | 184 M | 128 M | - | 161 M | 158 M | 133 M | 17.7 M | 342 M | 331 M | 274 M | 782 M | 285 M | 277 M | 273 M | 825 M | 270 M | 281 M | 258 M | 904 M | 359 M | 286 M | 248 M | 809 M | 296 M | 264 M | 227 M | 798 M | 302 M | 270 M | 205 M | 688 M | 263 M | 220 M | 195 M | 649 M | 232 M | 222 M | 168 M | 201 M | 219 M | 195 M | 139 M | 191 M | 195 M | 166 M | 117 M | 410 M | 153 M | 139 M | 91.3 M | 375 M | 165 M | 119 M |
Cost of Revenue |
107 M | - | 161 M | 172 M | 139 M | - | 160 M | 164 M | 115 M | - | 139 M | 143 M | 120 M | 894 M | 323 M | 310 M | 203 M | 734 M | 277 M | 254 M | 258 M | 756 M | 240 M | 259 M | 227 M | 800 M | 324 M | 249 M | 222 M | 717 M | 263 M | 232 M | 205 M | 715 M | 277 M | 234 M | 184 M | 608 M | 231 M | 193 M | 177 M | 584 M | 208 M | 199 M | 155 M | 182 M | 199 M | 176 M | 126 M | 174 M | 177 M | 155 M | 105 M | 367 M | 137 M | 124 M | 82.6 M | 346 M | 154 M | 109 M |
Gross Profit |
15.2 M | - | 18.2 M | 18.1 M | 15.7 M | - | 20.1 M | 20.5 M | 12.5 M | - | 22 M | 15.7 M | 13.1 M | 53.5 M | 18.5 M | 21.7 M | 17.8 M | 48.3 M | 7.87 M | 22.6 M | 15.8 M | 68.7 M | 30.8 M | 22.1 M | 30.8 M | 103 M | 35.8 M | 36.8 M | 26.3 M | 91.3 M | 33.1 M | 32 M | 21.9 M | 83 M | 24.9 M | 36.3 M | 21 M | 80.4 M | 32.6 M | 26.8 M | 17.8 M | 65.1 M | 24.3 M | 23 M | 13.6 M | 18.5 M | 20.2 M | 19 M | 13.1 M | 17 M | 17.9 M | 11.5 M | 11.9 M | 42.8 M | 16.2 M | 14.7 M | 8.67 M | 29.1 M | 11.2 M | 9.33 M |
Operating Income |
-1.45 M | - | 8.66 M | 7.63 M | 5.05 M | - | 9.36 M | 7.32 M | -1.38 M | - | 10.2 M | 1.92 M | -605 K | 2.97 M | 1.55 M | 4.41 M | 3.72 M | 6.75 M | -5.81 M | 8.97 M | -436 K | 24.7 M | 17.5 M | 7.62 M | 16.6 M | 61.2 M | 21.6 M | 23.1 M | 10.8 M | 49.1 M | 19.2 M | 19.1 M | 8.1 M | 41.1 M | 12.2 M | 20.8 M | 10.1 M | 45.6 M | 20.4 M | 15.1 M | 8.3 M | 34.9 M | 13.7 M | 13 M | -3.87 M | -2.49 M | -12.8 M | 9.87 M | -3.85 M | -10.5 M | 6.14 M | 1.34 M | 4.41 M | 19.9 M | 8.46 M | 7.08 M | 3.65 M | 11.9 M | 4.5 M | 3.78 M |
Interest Expense |
265 K | - | 89 K | 613 K | 112 K | - | 81 K | 520 K | 824 K | - | 177 K | 244 K | 377 K | 1.27 M | 485 K | 460 K | 174 K | 573 K | 208 K | 191 K | 187 K | 732 K | 203 K | 342 K | 254 K | 847 K | 228 K | 365 K | 231 K | 654 K | 135 K | 288 K | 247 K | 797 K | 227 K | 323 K | 217 K | 612 K | 210 K | 185 K | 223 K | 654 K | 195 K | 236 K | 256 K | 215 K | 220 K | 292 K | 252 K | 236 K | 293 K | 317 K | 298 K | 909 K | 300 K | 311 K | 204 K | 719 K | 280 K | 235 K |
EBITDA |
307 K | - | - | - | 6.99 M | - | - | - | 3.18 M | - | - | - | 3.56 M | 15.4 M | 1.55 M | 4.41 M | 8.01 M | 19.7 M | 2.56 M | 8.97 M | 3.13 M | 36.5 M | 25.1 M | 7.62 M | 20 M | 71.4 M | 28.3 M | 23.1 M | 14 M | 58.9 M | 25.7 M | 19.1 M | 10.4 M | 48.7 M | 16.7 M | 20.8 M | 12.2 M | 52.1 M | 24.6 M | 15.1 M | 10.3 M | 40.9 M | 17.6 M | 13.3 M | -2.18 M | 2.62 M | -9.43 M | 9.87 M | -2.24 M | -5.52 M | 9.44 M | 2.94 M | 5.79 M | 24.2 M | 11.2 M | 7.08 M | 4.58 M | 15 M | 6.34 M | 3.78 M |
General and Administrative Expenses |
16.4 M | - | 9.23 M | 10.3 M | 10.3 M | - | 10.5 M | 13 M | 13.5 M | - | 13 M | 13.4 M | 11.6 M | 48.6 M | 16.7 M | 16.6 M | 14.2 M | 40.4 M | 12.4 M | 13.7 M | 16.3 M | 44.2 M | 13.4 M | 14.5 M | 14.3 M | 44.2 M | 14.3 M | 15.7 M | 15.5 M | 42.3 M | 13.9 M | 12.9 M | 13.8 M | 42 M | 12.7 M | 15.4 M | 10.9 M | 34.9 M | 12.3 M | 11.7 M | 9.51 M | 30.1 M | 10.6 M | 9.99 M | 8.29 M | 9.43 M | 9.74 M | 9.11 M | 7.58 M | 9.47 M | 8.42 M | 8.02 M | 7.5 M | 22.9 M | 7.76 M | 7.62 M | 5.02 M | 17.2 M | 6.74 M | 5.55 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Calavo Growers (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.