Mission Produce, Inc. (AVO) Stock

Mission Produce, Inc. (AVO) is a Consumer Staples stock trading at $13.30 (as of 2026-08-21), with a market capitalization of $1.17B and a trailing P/E of 175.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Mission 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.

Understand Mission Produce, Inc.: how it makes money

Mission Produce sources, produces, packages, and distributes avocados, and sells related ripening, bagging, custom packing, and logistical management services to retail, wholesale, and foodservice customers.

The profit model is structurally sensitive to per-unit avocado pricing, because selling-price declines can quickly translate into weaker margins in a fresh, supply-constrained business.

Revenue by segment (latest quarter)
MktDstr	$0.3B
IntlFarm	$0.0B

Business quality (Weak): Segment structure is described as two reportable segments (Marketing and Distribution, International Farming), but the provided segment breakdown inputs also include Blueberries and Mango items with near-zero values, so the data alignment and completeness for detailed operating drivers is limited.

Valuation: At 35× earnings, AVO trades 50% above the Agriculture average (23×). Note: one-time items can distort reported P/E.

Bull case

Value-added handling can strengthen customer propositions: The company provides ripening, bagging, custom packing, and logistical management, and serves retail, wholesale, and foodservice customers.
Scale and geographic mix support distribution reach: The company sold 159.9 million units of avocados, with 90% of product sold in North America and 76% of U.S. distributed volume sourced from Mexico (per the provided metrics).

Bear case

Pricing declines can pressure profitability quickly: The provided operating metric shows a 30% Pricing Decline (and a 30% Average Per-Unit Avocado Selling Price Decrease), which is consistent with margin pressure in the latest period.
Current profitability is weak: For the latest reported period (ended 2026-04-30), the company has 7.0% gross margin and -2.4% operating margin, indicating losses at the operating level.
Supply chain concentration risk: The provided metric shows Mexican-sourced fruit as 76% of U.S. distributed volume, which could increase exposure to regional supply or logistics disruptions.

Valuation — source: SEC EDGAR (first-party)
Price	$13.30
Market Cap	$1.17B
P/E Ratio	175.3
EV / EBITDA	23.9
Price / Book	1.92
Price / Sales	0.97
FCF Yield	-7.8%
DCF Value (model)	$8.59
DCF Upside vs Price	-35.4%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$1.39B
Net Margin	2.7%
Revenue Growth (YoY)	12.7%
EPS Growth (YoY)	1.9%
FCF Growth (YoY)	-39.2%

Financial Health — source: SEC EDGAR
Altman Z-Score	3.82 (safe)
Piotroski F-Score	8/9 (strong)

Valuation vs Sector & Industry
Stock P/E	175.3
Sector P/E (Consumer Staples)	26.7
Industry P/E (Agriculture)	18.1
vs Sector	556.3%
vs Industry	870.0%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($48.01M)
Institutional Holders Tracked	10

Company
Sector	Consumer Staples
Industry	Agriculture
CEO	John Pawlowski
Employees	3,100
Country	US
IPO Date	2020-10-02

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Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.