Calavo Growers, Inc. (CVGW)

Calavo Growers Income Statement

Financials in millions USD. Fiscal year is November - October.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Revenue	693.71	661.54	594.1	769.69	1,056	1,059
Revenue Growth (YoY)	9.46%	11.35%	-22.81%	-27.10%	-0.33%	-11.41%
Cost of Revenue	625.41	593.74	531.49	714.95	998.41	969.47
Gross Profit	68.31	67.8	62.61	54.74	57.43	89.9
Selling, General & Admin	42.87	50.04	47.28	43.74	53.28	56.83
Other Operating Expenses	1.09	1.04	3.13	1.42	1.8	-
Operating Expenses	43.96	51.08	50.4	45.16	55.08	56.83
Operating Income	24.35	16.72	12.21	9.59	2.35	33.07
Interest Expense	-0.89	-2.89	-2.37	-1.63	-0.8	-0.88
Interest & Investment Income	3.17	1.02	0.61	1.3	0.84	2.5
Earnings From Equity Investments	0.07	-0.48	-0.88	-0.56	-1.72	-6.11
Currency Exchange Gain (Loss)	-5.53	-5.84	1.38	-0.97	-	-
Other Non Operating Income (Expenses)	0.89	0.64	0.26	0	0.52	-0.27
EBT Excluding Unusual Items	22.06	9.17	11.2	7.72	1.18	28.31
Merger & Restructuring Charges	-	-	-	-2.8	-12.34	-1.12
Gain (Loss) on Sale of Investments	-	-	-	-8.61	3.86	-11.34
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.22
Other Unusual Items	-	-	-	-	6.13	-34.2
Pretax Income	22.06	9.17	11.2	-3.68	-1.18	-18.13
Income Tax Expense	8.4	2.33	6.15	3.17	10.75	-4.29
Earnings From Continuing Operations	13.66	6.85	5.05	-6.85	-11.92	-13.84
Earnings From Discontinued Operations	2.35	-7.87	-13.02	0.25	-	-
Net Income to Company	16.01	-1.02	-7.97	-6.6	-11.92	-13.84
Minority Interest in Earnings	-0.17	-0.05	-0.38	0.35	0.1	0.22
Net Income	15.84	-1.08	-8.34	-6.25	-11.82	-13.63
Net Income to Common	15.84	-1.08	-8.34	-6.25	-11.82	-13.63
Shares Outstanding (Basic)	18	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18	18
Shares Change (YoY)	0.60%	0.05%	0.61%	0.70%	0.33%	-0.17%
EPS (Basic)	0.89	-0.06	-0.47	-0.35	-0.67	-0.78
EPS (Diluted)	0.88	-0.06	-0.47	-0.36	-0.67	-0.78
Free Cash Flow	28.63	21.53	-25.16	40.46	2.13	17.54
Free Cash Flow Per Share	1.60	1.21	-1.41	2.28	0.12	1.00
Dividend Per Share	0.800	0.500	0.588	-	1.150	1.150
Dividend Growth	100.00%	-14.89%	-	-	-	4.54%
Gross Margin	9.85%	10.25%	10.54%	7.11%	5.44%	8.49%
Operating Margin	3.51%	2.53%	2.05%	1.25%	0.22%	3.12%
Profit Margin	2.28%	-0.16%	-1.40%	-0.81%	-1.12%	-1.29%
Free Cash Flow Margin	4.13%	3.25%	-4.23%	5.26%	0.20%	1.65%
EBITDA	31.93	27.33	29.49	26.18	19.92	49.16
EBITDA Margin	4.60%	4.13%	4.96%	3.40%	1.89%	4.64%
D&A For EBITDA	7.58	10.6	17.28	16.59	17.57	16.09
EBIT	24.35	16.72	12.21	9.59	2.35	33.07
EBIT Margin	3.51%	2.53%	2.05%	1.25%	0.22%	3.12%
Effective Tax Rate	38.08%	25.35%	54.89%	-	-	-
Advertising Expenses	-	0.3	0.4	0.6	0.4	0.4

Updated Sep 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q