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6Material company update
May 5, 2026·SEC
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Mar 4, 2026·SEC
Material company update
Nov 4, 2025·SEC
Mistras Group, Inc.(MG)Earnings, Financials & Key Ratios
MG•NYSE
$18.53
$590M mkt cap·35.0× P/E·Price updated May 6, 2026
AboutMistras Group, Inc. provides technology-enabled asset protection solutions worldwide. The company operates through three segments: Services, International, and Products and Systems. It offers non-destructive testing services; predictive maintenance assessments of fixed and rotating assets; inline inspection for pipelines; and develops enterprise inspection database management software and plant condition management software. The company also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets. In addition, it offers certified divers for subsea inspection and maintenance; unmanned aerial, land-based, and subsea systems for inspection applications; online condition-monitoring solutions; quality assurance and quality control solutions for new and existing metal and alloy components, materials, and composites. Further, the company designs and installs monitoring systems, as well as provides commissioning, training, reporting, technical support, and annual maintenance services; Web-based solutions; and custom-developed software. Additionally, it designs, manufactures, and sells acoustic emission sensors, instruments, and turnkey systems for monitoring and testing materials, pressure components, processes, and structures, as well as automated ultrasonic systems and scanners. The company serves oil and gas, commercial aerospace and defense, fossil and nuclear power, alternative and renewable energy, industrial, public infrastructure, petrochemical, transportation, and process industries, as well as research and engineering institutions. Mistras Group, Inc. was founded in 1978 and is headquartered in Princeton Junction, New Jersey.Show more
- Revenue$724M-0.8%
- EBITDA$86M+18.0%
- Net Income$17M-11.2%
- EPS (Diluted)0.53-11.7%
- Gross Margin26.81%-8.2%
- EBITDA Margin11.87%+19.0%
- Operating Margin7.35%+34.7%
- Net Margin2.33%-10.5%
- ROE7.75%-20.4%
- ROIC9.59%+24.0%
- Debt/Equity1.03+1.6%
- Interest Coverage3.63+50.2%
MG Key Insights
Mistras Group, Inc. (MG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 91 (top 9%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Efficient asset utilization: 1.3x turnover
✗Weaknesses
- ✗Weak 3Y average ROE of 2.8%
- ✗Weak Piotroski F-Score: 3/9
- ✗Thin 5Y average net margin of 0.8%
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MG Price & Volume
Mistras Group, Inc. (MG) stock price & volume — 10-year historical chart
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MG Growth Metrics
Mistras Group, Inc. (MG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years0.18%
5 Years4.09%
3 Years1.75%
TTM3.48%
Profit CAGR
10 Years0.46%
5 Years-
3 Years37.34%
TTM51.66%
EPS CAGR
10 Years-0.19%
5 Years-
3 Years34.06%
TTM47.91%
Return on Capital
10 Years2.72%
5 Years6.01%
3 Years7.18%
Last Year12.34%
MG Recent Earnings
Mistras Group, Inc. (MG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 5, 2026EPS
$0.08
Est $0.01
+1500.0%
Revenue
$169M
Est $164M
+2.9%
Q2 2026
Mar 4, 2026EPS
$0.25
Est $0.20
+25.0%
Revenue
$181M
Est $177M
+2.8%
Q4 2025
Nov 4, 2025EPS
$0.46
Est $0.29
+58.6%
Revenue
$196M
Est $190M
+3.0%
Q3 2025
Aug 6, 2025EPS
$0.19
Est $0.17
+11.8%
Revenue
$185M
Est $186M
-0.5%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.08vs $0.01+1500.0% | $169Mvs $164M+2.9% |
| Q2 2026 | Mar 4, 2026 | $0.25vs $0.20+25.0% | $181Mvs $177M+2.8% |
| Q4 2025 | Nov 4, 2025 | $0.46vs $0.29+58.6% | $196Mvs $190M+3.0% |
| Q3 2025 | Aug 6, 2025 | $0.19vs $0.17+11.8% | $185Mvs $186M-0.5% |
Based on last 12 quarters of dataView full earnings history →
MG Peer Comparison
Mistras Group, Inc. (MG) competitors in Safety, Emergency and Risk Response — 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 |
|---|---|---|---|---|---|---|---|---|
 TDY | 29.83B | 644.13 | 34.12 | 7.86% | 15.15% | 8.94% | 0.25 | |
 TISI | 76.48M | 17.00 | -1.97 | -1.2% | -5.95% | -164.46% | 212.04 | |
 PRIM | 5.5B | 101.37 | 20.19 | 18.97% | 3.31% | 15.21% | 0.76 | |
 MYRG | 7.08B | 454.78 | 60.40 | 8.79% | 3.71% | 22.14% | 0.16 | |
 MTZ | 34.15B | 433.28 | 85.46 | 16.22% | 3% | 14.16% | 0.84 | |
 ITRN | 1.38B | 58.89 | 20.17 | 6.77% | 16.15% | 27.27% | 0.02 | |
 NDSN | 15.98B | 286.94 | 33.72 | 3.78% | 18.39% | 16.81% | 0.69 | |
 XOM | 629.6B | 148.56 | 22.17 | -4.52% | 8.91% | 10.74% | 0.16 |
Compare MG vs Peers
Mistras Group, Inc. (MG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MG Income Statement
Mistras Group, Inc. (MG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 700.97M | 742.35M | 748.59M | 592.57M | 677.13M | 687.37M | 705.47M | 729.64M | 724.02M | 731.44M |
| Revenue Growth % | 2.37% | 5.9% | 0.84% | -20.84% | 14.27% | 1.51% | 2.63% | 3.43% | -0.77% | 3.48% |
| Cost of Goods Sold | 513.26M | 534.48M | 531.29M | 414.04M | 479.98M | 489.2M | 501.67M | 516.53M | 529.89M | 533.47M |
| COGS % of Revenue | 73.22% | 72% | 70.97% | 69.87% | 70.88% | 71.17% | 71.11% | 70.79% | 73.19% | - |
| Gross Profit | 187.71M▲ 0% | 207.87M▲ 10.7% | 217.3M▲ 4.5% | 178.53M▼ 17.8% | 197.15M▲ 10.4% | 198.17M▲ 0.5% | 203.81M▲ 2.8% | 213.11M▲ 4.6% | 194.13M▼ 8.9% | 197.97M▲ 0% |
| Gross Margin % | 26.78% | 28% | 29.03% | 30.13% | 29.12% | 28.83% | 28.89% | 29.21% | 26.81% | 27.07% |
| Gross Profit Growth % | 11.34% | 10.74% | 4.53% | -17.84% | 10.43% | 0.52% | 2.84% | 4.56% | -8.91% | - |
| Operating Expenses | 165.66M | 187.5M | 193.16M | 279.75M | 178.98M | 178.37M | 205.71M | 173.28M | 140.9M | 159.69M |
| OpEx % of Revenue | 23.63% | 25.26% | 25.8% | 47.21% | 26.43% | 25.95% | 29.16% | 23.75% | 19.46% | - |
| Selling, General & Admin | 151.82M | 165.7M | 169.47M | 157.16M | 161.33M | 166.4M | 166.75M | 156.39M | 139.88M | 143.63M |
| SG&A % of Revenue | 21.66% | 22.32% | 22.64% | 26.52% | 23.83% | 24.21% | 23.64% | 21.43% | 19.32% | - |
| Research & Development | 2.27M | 3.31M | 3.04M | 2.89M | 2.52M | 1.99M | 1.72M | 1.12M | 1.03M | 950K |
| R&D % of Revenue | 0.32% | 0.45% | 0.41% | 0.49% | 0.37% | 0.29% | 0.24% | 0.15% | 0.14% | - |
| Other Operating Expenses | 10.36M | 11.96M | 20.65M | 119.7M | 15.13M | 9.98M | 37.24M | 15.78M | 0 | 2M |
| Operating Income | 4.16M▲ 0% | 22.22M▲ 434.2% | 24.14M▲ 8.6% | -101.22M▼ 519.3% | 18.17M▲ 118.0% | 19.8M▲ 9.0% | -1.9M▼ 109.6% | 39.83M▲ 2191.7% | 53.23M▲ 33.6% | 58.92M▲ 0% |
| Operating Margin % | 0.59% | 2.99% | 3.22% | -17.08% | 2.68% | 2.88% | -0.27% | 5.46% | 7.35% | 8.06% |
| Operating Income Growth % | -83.72% | 434.16% | 8.62% | -519.34% | 117.95% | 8.97% | -109.62% | 2191.7% | 33.65% | - |
| EBITDA | 35.54M | 56.63M | 62.67M | -65.51M | 53.09M | 53.09M | 32.2M | 72.84M | 85.98M | 85.15M |
| EBITDA Margin % | 5.07% | 7.63% | 8.37% | -11.06% | 7.84% | 7.72% | 4.56% | 9.98% | 11.87% | 11.64% |
| EBITDA Growth % | -39.2% | 59.34% | 10.66% | -204.53% | 181.04% | 0% | -39.36% | 126.23% | 18.04% | 29.69% |
| D&A (Non-Cash Add-back) | 31.38M | 34.41M | 38.53M | 35.7M | 34.92M | 33.29M | 34.1M | 33.01M | 32.75M | 26.23M |
| EBIT | 4.16M | 22.22M | 24.14M | -101.22M | 18.17M | 19.8M | -1.9M | 41.31M | 53.23M | 44.02M |
| Net Interest Income | -4.39M | -7.95M | -13.7M | -12.96M | -10.88M | -10.51M | -16.76M | -17.07M | -14.64M | -11.32M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 4.39M | 7.95M | 13.7M | 12.96M | 10.88M | 10.51M | 16.76M | 17.07M | 14.64M | 14.2M |
| Other Income/Expense | -4.39M | -7.95M | -13.7M | -12.96M | -10.88M | -10.51M | -16.76M | -15.58M | -30.75M | -9.57M |
| Pretax Income | -226K▲ 0% | 14.27M▲ 6414.6% | 10.44M▼ 26.9% | -114.17M▼ 1193.7% | 7.29M▲ 106.4% | 9.29M▲ 27.5% | -18.66M▼ 300.8% | 24.24M▲ 229.9% | 22.48M▼ 7.3% | 29.55M▲ 0% |
| Pretax Margin % | -0.03% | 1.92% | 1.39% | -19.27% | 1.08% | 1.35% | -2.65% | 3.32% | 3.1% | 4.04% |
| Income Tax | 1.94M | 7.43M | 4.36M | -14.71M | 3.4M | 2.72M | -1.22M | 5.27M | 5.56M | 7.1M |
| Effective Tax Rate % | -859.29% | 52.04% | 41.76% | 12.88% | 46.58% | 29.27% | 6.54% | 21.75% | 24.72% | 24.04% |
| Net Income | -2.17M▲ 0% | 6.84M▲ 414.3% | 6.06M▼ 11.4% | -99.46M▼ 1741.3% | 3.86M▲ 103.9% | 6.5M▲ 68.4% | -17.45M▼ 368.5% | 18.96M▲ 208.6% | 16.84M▼ 11.2% | 22.41M▲ 0% |
| Net Margin % | -0.31% | 0.92% | 0.81% | -16.78% | 0.57% | 0.95% | -2.47% | 2.6% | 2.33% | 3.06% |
| Net Income Growth % | -115.04% | 414.3% | -11.35% | -1741.27% | 103.88% | 68.37% | -368.55% | 208.62% | -11.19% | 51.66% |
| Net Income (Continuing) | -2.17M | 6.84M | 6.08M | -99.47M | 3.89M | 6.57M | -17.45M | 18.97M | 16.84M | 22.48M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 173K | 177K | 200K | 198K | 229K | 299K | 311K | 327K | 541K | 0 |
| EPS (Diluted) | -0.08▲ 0% | 0.23▲ 400.7% | 0.21▼ 8.7% | -3.41▼ 1723.8% | 0.13▲ 103.8% | 0.22▲ 69.2% | -0.58▼ 363.6% | 0.60▲ 203.4% | 0.53▼ 11.7% | 0.69▲ 0% |
| EPS Growth % | -115.94% | 400.65% | -8.7% | -1723.81% | 103.81% | 69.23% | -363.64% | 203.45% | -11.67% | 47.91% |
| EPS (Basic) | -0.08 | 0.24 | 0.21 | -3.41 | 0.13 | 0.22 | -0.58 | 0.61 | 0.54 | - |
| Diluted Shares Outstanding | 28.42M | 29.43M | 29.05M | 29.15M | 30.13M | 30.23M | 30.33M | 31.61M | 32.06M | 32.66M |
| Basic Shares Outstanding | 27.19M | 28.41M | 28.74M | 29.15M | 29.57M | 29.9M | 30.33M | 30.93M | 31.41M | 31.62M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
MG Balance Sheet
Mistras Group, Inc. (MG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 195.01M | 202.79M | 179.16M | 162.59M | 161.34M | 167.88M | 180.36M | 172.47M | 182.68M | 176.4M |
| Cash & Short-Term Investments | 27.54M | 25.54M | 15.02M | 25.76M | 24.11M | 20.49M | 17.65M | 18.32M | 28.01M | 24.99M |
| Cash Only | 27.54M | 25.54M | 15.02M | 25.76M | 24.11M | 20.49M | 17.65M | 18.32M | 28.01M | 24.99M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 138.08M | 148.32M | 136M | 107.63M | 109.51M | 123.66M | 132.85M | 127.28M | 154.67M | 151.41M |
| Days Sales Outstanding | 71.9 | 72.93 | 66.31 | 66.29 | 59.03 | 65.66 | 68.73 | 63.67 | 77.97 | 79.93 |
| Inventory | 10.5M | 13.05M | 13.41M | 13.13M | 12.69M | 13.56M | 15.28M | 14.48M | 14M | 0 |
| Days Inventory Outstanding | 7.47 | 8.91 | 9.21 | 11.58 | 9.65 | 10.11 | 11.12 | 10.24 | 9.64 | 2.59 |
| Other Current Assets | 18.88M | 15.87M | 0 | 0 | 0 | 10.18M | 14.58M | 12.39M | -14M | 0 |
| Total Non-Current Assets | 359.43M | 491.25M | 540.72M | 420.73M | 400.86M | 367.02M | 354.42M | 350.57M | 277.99M | 278.91M |
| Property, Plant & Equipment | 87.14M | 93.89M | 98.61M | 92.68M | 86.58M | 77.56M | 80.97M | 80.89M | 93.16M | 95.25M |
| Fixed Asset Turnover | 8.04x | 7.91x | 7.59x | 6.39x | 7.82x | 8.86x | 8.71x | 9.02x | 7.77x | 8.08x |
| Goodwill | 203.44M | 279.26M | 282.41M | 206.01M | 205.44M | 199.63M | 187.35M | 181.44M | 184.83M | 183.65M |
| Intangible Assets | 63.74M | 111.39M | 109.54M | 68.64M | 59.38M | 49.02M | 43.99M | 39.71M | 38.41M | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3.51M | 4.77M | 48.38M | 51.33M | 47.28M | 40.03M | 39.78M | 42.26M | -38.41M | 45.89M |
| Total Assets | 554.44M▲ 0% | 694.04M▲ 25.2% | 719.88M▲ 3.7% | 583.31M▼ 19.0% | 562.2M▼ 3.6% | 534.9M▼ 4.9% | 534.78M▼ 0.0% | 523.04M▼ 2.2% | 578.78M▲ 10.7% | 572.67M▲ 0% |
| Asset Turnover | 1.26x | 1.07x | 1.04x | 1.02x | 1.20x | 1.29x | 1.32x | 1.40x | 1.25x | 1.26x |
| Asset Growth % | 14.87% | 25.18% | 3.72% | -18.97% | -3.62% | -4.85% | -0.02% | -2.19% | 10.66% | 31.62% |
| Total Current Liabilities | 90.22M | 100.47M | 109.24M | 109.85M | 121.42M | 103.73M | 116.52M | 114.92M | 124.31M | 186.53M |
| Accounts Payable | 10.36M | 13.86M | 15.03M | 14.24M | 12.87M | 12.53M | 17.03M | 11.13M | 14.94M | 18.04M |
| Days Payables Outstanding | 7.37 | 9.47 | 10.33 | 12.55 | 9.79 | 9.35 | 12.39 | 7.86 | 10.29 | 11.9 |
| Short-Term Debt | 8.23M | 10.76M | 6.59M | 10.68M | 20.16M | 7.42M | 8.9M | 11.59M | 12.85M | 168.49M |
| Deferred Revenue (Current) | 6.34M | 5.05M | 5.86M | 6.54M | 6.2M | 7.52M | 7.14M | 8.1M | 0 | 17.96M |
| Other Current Liabilities | 27.05M | 24.3M | 9.6M | 7.77M | 8.34M | 7.12M | 6.84M | 7.36M | 77.14M | 0 |
| Current Ratio | 2.16x | 2.02x | 1.64x | 1.48x | 1.33x | 1.62x | 1.55x | 1.50x | 1.47x | 1.47x |
| Quick Ratio | 2.04x | 1.89x | 1.52x | 1.36x | 1.22x | 1.49x | 1.42x | 1.37x | 1.36x | 1.36x |
| Cash Conversion Cycle | 72 | 72.37 | 65.2 | 65.32 | 58.89 | 66.43 | 67.46 | 66.04 | 77.33 | 70.61 |
| Total Non-Current Liabilities | 193.42M | 322.49M | 324.62M | 276.25M | 239.87M | 232.43M | 227.75M | 209.22M | 218.83M | 0 |
| Long-Term Debt | 164.52M | 283.79M | 248.12M | 209.54M | 182.4M | 183.83M | 181.5M | 158.06M | 165.14M | 0 |
| Capital Lease Obligations | 8.74M | 9.07M | 13.04M | 11.12M | 9.75M | 10.04M | 11.26M | 15.16M | 46.72M | 77.25M |
| Deferred Tax Liabilities | 8.8M | 23.15M | 21.29M | 8.24M | 8.38M | 6.28M | 2.55M | 1.97M | 1.87M | 6.96M |
| Other Non-Current Liabilities | 11.36M | 6.48M | 42.16M | 47.36M | 39.33M | 32.27M | 32.44M | 34.03M | 5.1M | 72.91M |
| Total Liabilities | 283.65M | 422.96M | 433.86M | 386.09M | 361.28M | 336.15M | 344.27M | 324.14M | 343.14M | 0 |
| Total Debt | 181.49M | 303.62M | 282.02M | 245.44M | 226.12M | 215.87M | 217.5M | 201.5M | 242.62M | 168.49M |
| Net Debt | 153.95M | 278.07M | 267M | 219.68M | 202.01M | 195.38M | 199.86M | 183.18M | 214.61M | 143.5M |
| Debt / Equity | 0.67x | 1.12x | 0.99x | 1.24x | 1.13x | 1.09x | 1.14x | 1.01x | 1.03x | 1.03x |
| Debt / EBITDA | 5.11x | 5.36x | 4.50x | - | 4.26x | 4.07x | 6.76x | 2.77x | 2.82x | 1.98x |
| Net Debt / EBITDA | 4.33x | 4.91x | 4.26x | - | 3.81x | 3.68x | 6.21x | 2.52x | 2.50x | 2.50x |
| Interest Coverage | 0.95x | 2.80x | 1.76x | -7.81x | 1.67x | 1.88x | -0.11x | 2.42x | 3.63x | 3.10x |
| Total Equity | 270.79M▲ 0% | 271.07M▲ 0.1% | 286.02M▲ 5.5% | 197.22M▼ 31.0% | 200.91M▲ 1.9% | 198.75M▼ 1.1% | 190.5M▼ 4.1% | 198.9M▲ 4.4% | 235.65M▲ 18.5% | 0▲ 0% |
| Equity Growth % | -1.99% | 0.1% | 5.51% | -31.05% | 1.87% | -1.08% | -4.15% | 4.41% | 18.48% | -58.95% |
| Book Value per Share | 9.53 | 9.21 | 9.85 | 6.77 | 6.67 | 6.57 | 6.28 | 6.29 | 7.35 | 7.35 |
| Total Shareholders' Equity | 270.62M | 270.9M | 285.82M | 197.02M | 200.68M | 198.45M | 190.19M | 198.57M | 235.65M | 0 |
| Common Stock | 282K | 285K | 289K | 292K | 295K | 298K | 305K | 402K | 499K | 0 |
| Retained Earnings | 64.72M | 71.55M | 77.61M | -21.85M | -17.99M | -11.49M | -28.94M | -9.98M | 6.85M | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -16.8M | -27.56M | -21.29M | -16.06M | -20.31M | -33.39M | -28.34M | -42.68M | -29.11M | 0 |
| Minority Interest | 173K | 177K | 200K | 198K | 229K | 299K | 311K | 327K | 541K | 0 |
MG Cash Flow Statement
Mistras Group, Inc. (MG) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 55.24M | 41.66M | 59.11M | 67.8M | 42.26M | 26.41M | 26.75M | 50.13M | 32.98M | 32.98M |
| Operating CF Margin % | 7.88% | 5.61% | 7.9% | 11.44% | 6.24% | 3.84% | 3.79% | 6.87% | 4.56% | - |
| Operating CF Growth % | -12.61% | -24.57% | 41.87% | 14.7% | -37.67% | -37.52% | 1.3% | 87.41% | -34.21% | -457.06% |
| Net Income | -2.17M | 6.84M | 6.08M | -99.47M | 3.89M | 6.57M | -17.45M | 18.97M | 16.84M | 22.41M |
| Depreciation & Amortization | 31.38M | 34.41M | 38.53M | 35.7M | 34.92M | 33.29M | 34.1M | 33.01M | 31.01M | 15.6M |
| Stock-Based Compensation | 6.57M | 6.11M | 5.77M | 5.85M | 5.42M | 5.33M | 5.71M | 5.07M | 7.79M | 2.32M |
| Deferred Taxes | -4.85M | 1.86M | -3.6M | -13.41M | 87K | -517K | -5.28M | -4.87M | 304K | 2.13M |
| Other Non-Cash Items | 16.63M | -677K | 4.82M | 111.81M | 1.49M | -268K | 13.8M | -1.4M | 2.65M | 14.78M |
| Working Capital Changes | 7.68M | -6.88M | 7.51M | 27.31M | -3.55M | -18.01M | -4.14M | -659K | -25.61M | -23.73M |
| Change in Receivables | 2.49M | -10.35M | 8.3M | 27.31M | -3.98M | -17.23M | -8.03M | 1.29M | -24.95M | -24.8M |
| Change in Inventory | -117K | -2.76M | -302K | 84K | 278K | -1.28M | -1.87M | 100K | 772K | 331K |
| Change in Payables | 2.57M | 2.95M | 1.14M | -1.02M | -1.14M | -93K | 4.18M | -5.15M | 3.28M | 1.3M |
| Cash from Investing | -102.8M | -155.45M | -25.28M | -14.97M | -18.55M | -12.24M | -22.13M | -21.37M | -25.12M | -25.27M |
| Capital Expenditures | -20.57M | -21.13M | -22.05M | -15.4M | -19.28M | -13.42M | -20.85M | -17.9M | 0 | -22.34M |
| CapEx % of Revenue | 2.93% | 2.85% | 2.95% | 2.6% | 2.85% | 1.95% | 2.96% | 2.45% | 3.41% | - |
| Acquisitions | -83.42M | -135.74M | -4.23M | 0 | -440K | -405K | 0 | 0 | 0 | 3.19M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.2M | 1.42M | 995K | 427K | 1.17M | 1.58M | -1.28M | -3.46M | -25.12M | -6.11M |
| Cash from Financing | 53.6M | 113.97M | -44.14M | -44.17M | -23.25M | -16.32M | -7.71M | -27.4M | -595K | -242K |
| Debt Issued (Net) | 71.46M | 118.98M | -40.12M | -40.09M | -20.94M | -14.94M | -6.13M | -26.09M | 1.06M | 285K |
| Equity Issued (Net) | -15.65M | -2.19M | 0 | -494K | -1.37M | -977K | -1.57M | -1.31M | 0 | -13K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -15.92M | -2.19M | 0 | -494K | -1.37M | -977K | -1.57M | -1.31M | 0 | -13K |
| Other Financing | -2.21M | -2.83M | -4.02M | -3.59M | -938K | -405K | 0 | 0 | -1.66M | -514K |
| Net Change in Cash | 8.39M▲ 0% | -2M▼ 123.8% | -10.53M▼ 427.2% | 10.74M▲ 202.1% | -1.65M▼ 115.4% | -3.62M▼ 119.5% | -2.84M▲ 21.5% | 671K▲ 123.6% | 9.69M▲ 1344.3% | 9.47M▲ 0% |
| Free Cash Flow | 34.67M▲ 0% | 20.54M▼ 40.8% | 36.19M▲ 76.2% | 52.03M▲ 43.8% | 22.98M▼ 55.8% | 12.99M▼ 43.5% | 3.1M▼ 76.1% | 27.14M▲ 775.9% | 8.31M▼ 69.4% | 6.19M▲ 0% |
| FCF Margin % | 4.95% | 2.77% | 4.83% | 8.78% | 3.39% | 1.89% | 0.44% | 3.72% | 1.15% | 0.85% |
| FCF Growth % | -26.76% | -40.76% | 76.2% | 43.77% | -55.82% | -43.48% | -76.14% | 775.86% | -69.4% | -81.54% |
| FCF per Share | 1.22 | 0.70 | 1.25 | 1.79 | 0.76 | 0.43 | 0.10 | 0.86 | 0.26 | 0.26 |
| FCF Conversion (FCF/Net Income) | -25.40x | 6.09x | 9.75x | -0.68x | 10.95x | 4.06x | -1.53x | 2.64x | 1.96x | 0.28x |
| Interest Paid | 4.26M | 7.75M | 14.16M | 0 | 10.08M | 0 | 0 | 0 | 0 | 10.27M |
| Taxes Paid | 3.06M | 10.98M | 6.1M | 543K | 4.71M | 0 | 6.9M | 6.41M | 0 | 7.65M |
MG Key Ratios
Mistras Group, Inc. (MG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -0.8% | 2.52% | 2.18% | -41.16% | 1.94% | 3.25% | -8.97% | 9.74% | 7.75% | 13.19% |
| Return on Invested Capital (ROIC) | 0.8% | 3.42% | 3.28% | -15.65% | 3.32% | 3.73% | -0.36% | 7.73% | 9.59% | 9.59% |
| Gross Margin | 26.78% | 28% | 29.03% | 30.13% | 29.12% | 28.83% | 28.89% | 29.21% | 26.81% | 27.07% |
| Net Margin | -0.31% | 0.92% | 0.81% | -16.78% | 0.57% | 0.95% | -2.47% | 2.6% | 2.33% | 3.06% |
| Debt / Equity | 0.67x | 1.12x | 0.99x | 1.24x | 1.13x | 1.09x | 1.14x | 1.01x | 1.03x | 1.03x |
| Interest Coverage | 0.95x | 2.80x | 1.76x | -7.81x | 1.67x | 1.88x | -0.11x | 2.42x | 3.63x | 3.10x |
| FCF Conversion | -25.40x | 6.09x | 9.75x | -0.68x | 10.95x | 4.06x | -1.53x | 2.64x | 1.96x | 0.28x |
| Revenue Growth | 2.37% | 5.9% | 0.84% | -20.84% | 14.27% | 1.51% | 2.63% | 3.43% | -0.77% | 3.48% |
MG SEC Filings & Documents
Mistras Group, Inc. (MG) SEC filings — annual & quarterly reports (10-K, 10-Q)
MG Frequently Asked Questions
Mistras Group, Inc. (MG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Mistras Group, Inc. (MG) reported $731.4M in revenue for fiscal year 2025. This represents a 380% increase from $152.3M in 2008.
Mistras Group, Inc. (MG) saw revenue decline by 0.8% over the past year.
Yes, Mistras Group, Inc. (MG) is profitable, generating $22.4M in net income for fiscal year 2025 (2.3% net margin).
Dividend & Returns
Mistras Group, Inc. (MG) has a return on equity (ROE) of 7.7%. This is below average, suggesting room for improvement.
Mistras Group, Inc. (MG) generated $6.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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