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Montrose Environmental Group, Inc.(MEG)Earnings, Financials & Key Ratios
MEG•NYSE
$22.07
$798M mkt cap·Price updated May 6, 2026
AboutMontrose Environmental Group, Inc. operates as an environmental services company in the United States. The company operates in three segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. The Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits for current operations, facility upgrades, new projects, decommissioning projects, and development projects. Its technical advisory and consulting services include regulatory compliance support and planning, environmental, and ecosystem and toxicological assessments and support during responses to environmental disruptions. The Measurement and Analysis segment tests and analyzes air, water, and soil to determine concentrations of contaminants, as well as the toxicological impact of contaminants on flora, fauna, and human health. Its services include source and ambient air testing and monitoring, leak detection, and advanced analytical laboratory services, such as air, storm water, wastewater, and drinking water analysis. The Remediation and Reuse segment provides engineering, design, implementation, and operations and maintenance services primarily to treat contaminated water, remove contaminants from soil, or create biogas from waste. It serves technology, media, chemical, energy, power and utility, industrial and manufacturing, financial, and engineering industries, as well as local, state, provincial, and federal government entities. The company was founded in 2012 and is headquartered in North Little Rock, Arkansas.Show more
- Revenue$831M+19.3%
- EBITDA$64M+130.1%
- Net Income-$843K+98.6%
- EPS (Diluted)-0.14+93.7%
- Gross Margin34.13%-14.6%
- EBITDA Margin7.65%+92.9%
- Operating Margin1.52%+128.8%
- Net Margin-0.1%+98.9%
- ROE-0.19%+98.8%
- ROIC1.25%+127.8%
- Debt/Equity0.80+26.4%
- Interest Coverage1.57+164.9%
MEG Key Insights
Montrose Environmental Group, Inc. (MEG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 57.1%
- ✓Strong 5Y sales CAGR of 20.4%
✗Weaknesses
- ✗Weak momentum: RS Rating 17 (bottom 17%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MEG Price & Volume
Montrose Environmental Group, Inc. (MEG) stock price & volume — 10-year historical chart
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MEG Growth Metrics
Montrose Environmental Group, Inc. (MEG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years20.4%
3 Years15.12%
TTM14.23%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM108.53%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM102.16%
Return on Capital
10 Years-4.21%
5 Years-2.63%
3 Years-2.48%
Last Year1.54%
MEG Recent Earnings
Montrose Environmental Group, Inc. (MEG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 8/12 qtrs (67%)
Q1 2026Latest
Feb 25, 2026EPS
$0.23
Est $0.05
-560.0%
Revenue
$193M
Est $188M
+3.0%
Q4 2025
Nov 4, 2025EPS
$0.36
Est $0.32
+11.5%
Revenue
$225M
Est $201M
+11.6%
Q3 2025
Aug 6, 2025EPS
$0.63
Est $0.25
+152.0%
Revenue
$235M
Est $195M
+20.3%
Q2 2025
May 7, 2025EPS
$0.07
Est $0.12
+158.3%
Revenue
$178M
Est $168M
+5.8%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 25, 2026 | $0.23vs $0.05-560.0% | $193Mvs $188M+3.0% |
| Q4 2025 | Nov 4, 2025 | $0.36vs $0.32+11.5% | $225Mvs $201M+11.6% |
| Q3 2025 | Aug 6, 2025 | $0.63vs $0.25+152.0% | $235Mvs $195M+20.3% |
| Q2 2025 | May 7, 2025 | $0.07vs $0.12+158.3% | $178Mvs $168M+5.8% |
Based on last 12 quarters of dataView full earnings history →
MEG Peer Comparison
Montrose Environmental Group, Inc. (MEG) competitors in Environmental Consulting and Testing — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CLH | 15.35B | 288.01 | 39.56 | 2.39% | 6.53% | 14.37% | 1.26 | |
 ECVT | 1.62B | 14.68 | -24.07 | 2.7% | -7.71% | -10.2% | 0.71 | |
 TRC | 532.52M | 19.72 | 7042.86 | 18.4% | 0.15% | 0.01% | 0.19 | |
 PESI | 218.49M | 11.78 | -15.71 | 4.33% | -22.35% | -24.89% | 0.09 | |
 CWST | 5.3B | 84.58 | 704.83 | 17.95% | 0.38% | 0.46% | 0.79 | |
 ERII | 613.34M | 11.61 | 27.64 | -7.07% | 25.89% | 17.36% | 0.05 | |
 WM | 88.94B | 220.52 | 32.91 | 14.24% | 10.99% | 28.85% | 2.29 | |
 RSG | 61.82B | 199.69 | 29.15 | 3.49% | 12.9% | 17.88% | 0.05 |
Compare MEG vs Peers
Montrose Environmental Group, Inc. (MEG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MEG Income Statement
Montrose Environmental Group, Inc. (MEG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 188.81M | 233.85M | 328.24M | 546.41M | 544.42M | 624.21M | 696.39M | 830.54M | 821.22M |
| Revenue Growth % | - | 23.86% | 40.36% | 66.47% | -0.37% | 14.66% | 11.56% | 19.26% | 14.23% |
| Cost of Goods Sold | 134.73M | 163.98M | 215.49M | 369.03M | 351.88M | 383.9M | 418.19M | 547.11M | 501.15M |
| COGS % of Revenue | 71.36% | 70.12% | 65.65% | 67.54% | 64.63% | 61.5% | 60.05% | 65.87% | - |
| Gross Profit | 54.07M▲ 0% | 69.87M▲ 29.2% | 112.75M▲ 61.4% | 177.38M▲ 57.3% | 192.53M▲ 8.5% | 240.31M▲ 24.8% | 278.2M▲ 15.8% | 283.43M▲ 1.9% | 320.07M▲ 0% |
| Gross Margin % | 28.64% | 29.88% | 34.35% | 32.46% | 35.37% | 38.5% | 39.95% | 34.13% | 38.97% |
| Gross Profit Growth % | - | 29.22% | 61.37% | 57.32% | 8.54% | 24.81% | 15.77% | 1.88% | - |
| Operating Expenses | 64.87M | 78.82M | 135.76M | 186.84M | 220.55M | 268.73M | 314.92M | 270.81M | 291.98M |
| OpEx % of Revenue | 34.36% | 33.7% | 41.36% | 34.19% | 40.51% | 43.05% | 45.22% | 32.61% | - |
| Selling, General & Admin | 40.95M | 50.66M | 85.55M | 117.66M | 176.29M | 222.86M | 261.63M | 270.81M | 265.14M |
| SG&A % of Revenue | 21.69% | 21.66% | 26.06% | 21.53% | 32.38% | 35.7% | 37.57% | 32.61% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 265K | 28.15M | 50.22M | 69.18M | 44.25M | 45.86M | 53.3M | 0 | 2M |
| Operating Income | -10.64M▲ 0% | -19.92M▼ 87.3% | -23.01M▼ 15.5% | -9.46M▲ 58.9% | -28.01M▼ 196.3% | -28.42M▼ 1.5% | -36.72M▼ 29.2% | 12.63M▲ 134.4% | 16.29M▲ 0% |
| Operating Margin % | -5.63% | -8.52% | -7.01% | -1.73% | -5.15% | -4.55% | -5.27% | 1.52% | 1.98% |
| Operating Income Growth % | - | -87.26% | -15.5% | 58.91% | -196.28% | -1.45% | -29.21% | 134.38% | - |
| EBITDA | 13.28M | 7.78M | 14.26M | 43.51M | 28.75M | 27.55M | 27.61M | 63.54M | 66.54M |
| EBITDA Margin % | 7.03% | 3.33% | 4.35% | 7.96% | 5.28% | 4.41% | 3.97% | 7.65% | 8.1% |
| EBITDA Growth % | - | -41.38% | 83.28% | 205.03% | -33.91% | -4.18% | 0.21% | 130.11% | 131.5% |
| D&A (Non-Cash Add-back) | 23.91M | 27.7M | 37.27M | 52.96M | 56.77M | 55.97M | 64.33M | 50.91M | 50.25M |
| EBIT | -10.37M | -19.92M | -43.28M | -12M | -24.33M | -24.05M | -38.46M | 30.79M | 42.21M |
| Net Interest Income | -11.09M | -6.75M | -13.82M | -11.62M | -5.24M | -7.79M | -15.86M | -19.57M | -14.5M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 11.09M | 6.75M | 13.82M | 11.62M | 5.24M | 7.79M | 15.86M | 19.57M | 9.04M |
| Other Income/Expense | -10.82M | -17.73M | -34.09M | -14.16M | -1.56M | -3.42M | -17.6M | -1.4M | 1.03M |
| Pretax Income | -21.46M▲ 0% | -26.68M▼ 24.3% | -57.1M▼ 114.0% | -23.62M▲ 58.6% | -29.57M▼ 25.2% | -31.84M▼ 7.7% | -54.32M▼ 70.6% | 11.22M▲ 120.7% | 17.32M▲ 0% |
| Pretax Margin % | -11.37% | -11.41% | -17.39% | -4.32% | -5.43% | -5.1% | -7.8% | 1.35% | 2.11% |
| Income Tax | -4.97M | -3.12M | 851K | 1.71M | 2.25M | -980K | 8M | 12.06M | 11.5M |
| Effective Tax Rate % | 23.15% | 11.7% | -1.49% | -7.24% | -7.61% | 3.08% | -14.72% | 107.51% | 66.37% |
| Net Income | -16.49M▲ 0% | -23.56M▼ 42.8% | -57.95M▼ 146.0% | -25.32M▲ 56.3% | -31.82M▼ 25.6% | -30.86M▲ 3.0% | -62.31M▼ 101.9% | -843K▲ 98.6% | 5.83M▲ 0% |
| Net Margin % | -8.73% | -10.07% | -17.65% | -4.63% | -5.84% | -4.94% | -8.95% | -0.1% | 0.71% |
| Net Income Growth % | - | -42.85% | -145.99% | 56.3% | -25.64% | 3.02% | -101.93% | 98.65% | 108.53% |
| Net Income (Continuing) | -16.49M | -23.56M | -57.95M | -25.32M | -31.82M | -30.86M | -62.31M | -843K | 5.83M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.79▲ 0% | -0.94▼ 19.0% | -6.48▼ 589.4% | -1.56▲ 75.9% | -1.62▼ 3.8% | -1.57▲ 3.1% | -2.22▼ 41.4% | -0.14▲ 93.7% | 0.16▲ 0% |
| EPS Growth % | - | -18.99% | -589.36% | 75.93% | -3.85% | 3.09% | -41.4% | 93.69% | 102.16% |
| EPS (Basic) | -0.79 | -0.94 | -6.48 | -1.56 | -1.62 | -1.57 | -2.22 | -0.14 | - |
| Diluted Shares Outstanding | 20.91M | 24.96M | 16.48M | 26.72M | 29.69M | 30.06M | 33.06M | 35.12M | 36.05M |
| Basic Shares Outstanding | 20.91M | 24.96M | 16.48M | 26.72M | 29.69M | 30.06M | 33.06M | 35.12M | 36.05M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
MEG Balance Sheet
Montrose Environmental Group, Inc. (MEG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 54M | 73.24M | 134.27M | 293.86M | 247.93M | 200.92M | 238M | 240.39M | 216.64M |
| Cash & Short-Term Investments | 2.49M | 6.41M | 34.39M | 146.74M | 89.83M | 23.24M | 12.94M | 11.22M | 10.05M |
| Cash Only | 2.49M | 6.41M | 34.39M | 146.74M | 89.83M | 23.24M | 12.94M | 11.22M | 10.05M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 48.91M | 60.74M | 92.68M | 139.16M | 147.81M | 164.02M | 210.97M | 214.21M | 117.61M |
| Days Sales Outstanding | 94.56 | 94.8 | 103.06 | 92.96 | 99.1 | 95.91 | 110.58 | 94.14 | 89.03 |
| Inventory | 745K | 2.37M | 2.49M | 2.44M | 3.63M | 3.82M | 2.79M | 2.63M | 0 |
| Days Inventory Outstanding | 2.02 | 5.27 | 4.22 | 2.41 | 3.77 | 3.63 | 2.44 | 1.75 | 1.68 |
| Other Current Assets | 154K | 1.71M | 495K | 0 | 0 | 0 | 0 | 0 | 88.98M |
| Total Non-Current Assets | 180.37M | 258.6M | 468.46M | 539.24M | 543.99M | 615.86M | 752.35M | 740.9M | 731.38M |
| Property, Plant & Equipment | 20.79M | 27.04M | 34.4M | 64M | 71.92M | 102.33M | 123.17M | 138.01M | 135.81M |
| Fixed Asset Turnover | 9.08x | 8.65x | 9.54x | 8.54x | 7.57x | 6.10x | 5.65x | 6.02x | 6.33x |
| Goodwill | 90.5M | 127.06M | 274.67M | 311.94M | 323.87M | 364.45M | 467.79M | 466.79M | 466.56M |
| Intangible Assets | 68.56M | 102.55M | 154.85M | 161M | 142.11M | 140.81M | 152.76M | 126.38M | 119.76M |
| Long-Term Investments | 122K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | -5.6M | 1.96M | 4.54M | 2.3M | 6.09M | 8.27M | 8.63M | 9.73M | 30.19M |
| Total Assets | 234.37M▲ 0% | 331.84M▲ 41.6% | 602.73M▲ 81.6% | 833.09M▲ 38.2% | 791.91M▼ 4.9% | 816.79M▲ 3.1% | 990.35M▲ 21.2% | 981.3M▼ 0.9% | 948.02M▲ 0% |
| Asset Turnover | 0.81x | 0.70x | 0.54x | 0.66x | 0.69x | 0.76x | 0.70x | 0.85x | 0.84x |
| Asset Growth % | - | 41.59% | 81.63% | 38.22% | -4.94% | 3.14% | 21.25% | -0.91% | -1.73% |
| Total Current Liabilities | 42.37M | 73.25M | 111.54M | 147.69M | 111.44M | 126.29M | 158.66M | 168M | 117.63M |
| Accounts Payable | 8.68M | 15.03M | 15.48M | 24.17M | 25.35M | 31.05M | 33.42M | 34.81M | 0 |
| Days Payables Outstanding | 23.51 | 33.46 | 26.22 | 23.9 | 26.3 | 29.52 | 29.17 | 23.22 | 18.02 |
| Short-Term Debt | 2.26M | 7.14M | 5.58M | 10.94M | 12.03M | 14.2M | 17.87M | 11.23M | 28.34M |
| Deferred Revenue (Current) | 2.4M | 3.31M | 6.11M | 27.91M | 18.55M | 8.13M | 9.3M | 15M | 41.33M |
| Other Current Liabilities | 23.22M | 29.45M | 56.88M | 46.84M | 17.18M | 26.72M | 46.1M | 47.05M | 89.29M |
| Current Ratio | 1.27x | 1.00x | 1.20x | 1.99x | 2.22x | 1.59x | 1.50x | 1.43x | 1.43x |
| Quick Ratio | 1.26x | 0.97x | 1.18x | 1.97x | 2.19x | 1.56x | 1.48x | 1.42x | 1.42x |
| Cash Conversion Cycle | 73.06 | 66.61 | 81.05 | 71.47 | 76.57 | 70.01 | 83.84 | 72.67 | 72.69 |
| Total Non-Current Liabilities | 75.9M | 162.49M | 354.04M | 368.9M | 367.29M | 369.25M | 385.43M | 362.12M | 390.3M |
| Long-Term Debt | 70.97M | 145.05M | 170.32M | 161.82M | 152.49M | 148.99M | 204.82M | 277.06M | 50.02M |
| Capital Lease Obligations | 0 | 0 | 0 | 22.61M | 25.92M | 33.23M | 42.34M | 53.4M | 133.73M |
| Deferred Tax Liabilities | 4.87M | 9.96M | 2.81M | 4.01M | 5.74M | 6.06M | 13.31M | 21.82M | 76.47M |
| Other Non-Current Liabilities | 4.93M | 7.48M | 180.9M | 180.46M | 183.13M | 180.96M | 124.96M | 9.84M | 368.04M |
| Total Liabilities | 118.27M | 235.74M | 465.58M | 516.59M | 478.73M | 495.53M | 544.09M | 530.12M | 507.93M |
| Total Debt | 73.23M | 152.19M | 175.9M | 205.77M | 202.12M | 210.34M | 281M | 359.03M | 78.36M |
| Net Debt | 70.74M | 145.78M | 141.52M | 59.03M | 112.29M | 187.1M | 268.06M | 347.8M | 68.32M |
| Debt / Equity | 0.63x | 1.48x | 1.28x | 0.65x | 0.65x | 0.65x | 0.63x | 0.80x | 0.80x |
| Debt / EBITDA | 5.52x | 19.56x | 12.33x | 4.73x | 7.03x | 7.63x | 10.18x | 5.65x | 1.18x |
| Net Debt / EBITDA | 5.33x | 18.73x | 9.92x | 1.36x | 3.91x | 6.79x | 9.71x | 5.47x | 5.47x |
| Interest Coverage | -0.94x | -2.95x | -3.13x | -1.03x | -4.64x | -3.09x | -2.42x | 1.57x | 4.67x |
| Total Equity | 116.11M▲ 0% | 102.53M▼ 11.7% | 137.15M▲ 33.8% | 316.5M▲ 130.8% | 313.19M▼ 1.0% | 321.25M▲ 2.6% | 446.26M▲ 38.9% | 451.18M▲ 1.1% | 440.09M▲ 0% |
| Equity Growth % | - | -11.69% | 33.76% | 130.78% | -1.05% | 2.58% | 38.91% | 1.1% | -39.29% |
| Book Value per Share | 5.55 | 4.11 | 8.32 | 11.84 | 10.55 | 10.69 | 13.50 | 12.85 | 12.21 |
| Total Shareholders' Equity | 116.23M | 102.53M | 137.15M | 316.5M | 313.19M | 321.25M | 446.26M | 451.18M | 440.09M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -40.85M | -64.4M | -122.35M | -147.68M | -179.5M | -210.36M | -272.67M | -273.51M | -286.2M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | -40K | 71K | 36K | 8K | -223K | -2.13M | -3.24M | -3.13M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MEG Cash Flow Statement
Montrose Environmental Group, Inc. (MEG) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -2.85M | 17.04M | 1.85M | 37.58M | 20.65M | 56.02M | 22.23M | 107.48M | 107.48M |
| Operating CF Margin % | -1.51% | 7.29% | 0.56% | 6.88% | 3.79% | 8.97% | 3.19% | 12.94% | - |
| Operating CF Growth % | - | 699.02% | -89.14% | 1931.41% | -45.05% | 171.31% | -60.31% | 383.36% | 2246.86% |
| Net Income | -16.49M | -23.56M | -57.95M | -25.32M | -31.82M | -30.86M | -62.31M | -843K | 5.83M |
| Depreciation & Amortization | 23.91M | 27.7M | 37.27M | 52.96M | 56.77M | 55.97M | 64.33M | 50.91M | 50.25M |
| Stock-Based Compensation | 5.79M | 4.34M | 4.85M | 10.32M | 43.29M | 47.27M | 64.67M | 42.72M | 38.07M |
| Deferred Taxes | -4.97M | -3.12M | 851K | 1.71M | 2.25M | -980K | 4.29M | 9.9M | 4.02M |
| Other Non-Cash Items | 756K | 13.99M | 33.49M | 15.93M | -26.83M | -1.6M | 3.73M | 1.81M | -23.19M |
| Working Capital Changes | -11.85M | -2.33M | -16.67M | -18.02M | -23.01M | -13.78M | -52.47M | 2.97M | 15.36M |
| Change in Receivables | -10M | -6.59M | -19.2M | -36.16M | 4.39M | -2.92M | -41.98M | -10.07M | 12.1M |
| Change in Inventory | -11.29M | 0 | 19.2M | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -2.2M | 6.08M | 601K | 24M | -9.88M | -8.91M | 3.8M | 8.35M | -1.69M |
| Cash from Investing | -50.28M | -86.98M | -179.74M | -71.64M | -38.69M | -101.62M | -138.04M | -15.84M | -17.66M |
| Capital Expenditures | -4.11M | -4.69M | -7.78M | -6.88M | -10M | -29.58M | -21.33M | -17.01M | -19.52M |
| CapEx % of Revenue | 2.18% | 2.01% | 2.37% | 1.26% | 1.84% | 4.74% | 3.06% | 2.05% | - |
| Acquisitions | -45.84M | -81.37M | -171.98M | -55.73M | -28.63M | -66.19M | -113.09M | 712K | 712K |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -339K | -921K | 20K | -9.03M | -60K | -5.86M | -3.63M | 458K | 1.15M |
| Cash from Financing | 50.85M | 74.45M | 205.9M | 146.1M | -38.76M | -20.11M | 106M | -93.12M | -93.14M |
| Debt Issued (Net) | -29.21M | 73.93M | 24.37M | -1.62M | -12.72M | -6.45M | 53.94M | 56.39M | 36.82M |
| Equity Issued (Net) | -2.72M | 0 | 199.38M | 169.78M | 1.46M | 0 | 61.78M | -123.58M | -128.01M |
| Dividends Paid | 0 | 0 | -6.97M | -16.4M | -16.4M | -16.4M | -11.06M | -4.15M | -1.4M |
| Share Repurchases | -2.72M | 0 | -131.82M | 0 | 0 | 0 | 0 | -122.23M | -132.23M |
| Other Financing | 82.78M | 518K | -10.87M | -5.66M | -11.11M | 2.74M | 1.35M | -21.78M | -544K |
| Net Change in Cash | -2.28M▲ 0% | 4.39M▲ 292.9% | 28M▲ 537.0% | 111.86M▲ 299.5% | -56.91M▼ 150.9% | -66.59M▼ 17.0% | -10.3M▲ 84.5% | -1.71M▲ 83.4% | -19.05M▲ 0% |
| Free Cash Flow | -6.95M▲ 0% | 12.33M▲ 277.3% | -5.93M▼ 148.1% | 30M▲ 606.2% | 10.65M▼ 64.5% | 23.09M▲ 116.9% | 902K▼ 96.1% | 91.16M▲ 10006.3% | 71.5M▲ 0% |
| FCF Margin % | -3.68% | 5.27% | -1.81% | 5.49% | 1.96% | 3.7% | 0.13% | 10.98% | 8.71% |
| FCF Growth % | - | 277.29% | -148.07% | 606.19% | -64.51% | 116.89% | -96.09% | 10006.32% | 137.95% |
| FCF per Share | -0.33 | 0.49 | -0.36 | 1.12 | 0.36 | 0.77 | 0.03 | 2.60 | 2.60 |
| FCF Conversion (FCF/Net Income) | 0.17x | -0.72x | -0.03x | -1.48x | -0.65x | -1.82x | -0.36x | -127.49x | 12.27x |
| Interest Paid | 7.92M | 5.89M | 11.95M | 5.01M | 6.51M | 8.06M | 14.78M | 0 | 4.63M |
| Taxes Paid | 596K | 1.21M | 171K | 412K | 789K | 997K | 4.19M | 0 | 2.09M |
MEG Key Ratios
Montrose Environmental Group, Inc. (MEG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -21.55% | -48.36% | -11.17% | -10.11% | -9.73% | -16.24% | -0.19% | 1.26% |
| Return on Invested Capital (ROIC) | -6.87% | -6.55% | -2.17% | -5.25% | -4.57% | -4.5% | 1.25% | 1.25% |
| Gross Margin | 29.88% | 34.35% | 32.46% | 35.37% | 38.5% | 39.95% | 34.13% | 38.97% |
| Net Margin | -10.07% | -17.65% | -4.63% | -5.84% | -4.94% | -8.95% | -0.1% | 0.71% |
| Debt / Equity | 1.48x | 1.28x | 0.65x | 0.65x | 0.65x | 0.63x | 0.80x | 0.80x |
| Interest Coverage | -2.95x | -3.13x | -1.03x | -4.64x | -3.09x | -2.42x | 1.57x | 4.67x |
| FCF Conversion | -0.72x | -0.03x | -1.48x | -0.65x | -1.82x | -0.36x | -127.49x | 12.27x |
| Revenue Growth | 23.86% | 40.36% | 66.47% | -0.37% | 14.66% | 11.56% | 19.26% | 14.23% |
MEG SEC Filings & Documents
Montrose Environmental Group, Inc. (MEG) SEC filings — annual & quarterly reports (10-K, 10-Q)
MEG Frequently Asked Questions
Montrose Environmental Group, Inc. (MEG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Montrose Environmental Group, Inc. (MEG) reported $821.2M in revenue for fiscal year 2025. This represents a 335% increase from $188.8M in 2018.
Montrose Environmental Group, Inc. (MEG) grew revenue by 19.3% over the past year. This is strong growth.
Yes, Montrose Environmental Group, Inc. (MEG) is profitable, generating $5.8M in net income for fiscal year 2025 (-0.1% net margin).
Dividend & Returns
Yes, Montrose Environmental Group, Inc. (MEG) pays a dividend with a yield of 0.54%. This makes it attractive for income-focused investors.
Montrose Environmental Group, Inc. (MEG) has a return on equity (ROE) of -0.2%. Negative ROE indicates the company is unprofitable.
Montrose Environmental Group, Inc. (MEG) generated $71.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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