Mistras Group, Inc. (MG)

NYSE: MG · Real-Time Price · USD

19.98

+0.56 (2.88%)

At close: Sep 9, 2026, 4:00 PM EDT

20.10

+0.12 (0.60%)

After-hours: Sep 9, 2026, 5:09 PM EDT

Mistras Group Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	739.17	724.02	729.64	705.47	687.37	677.13
Revenue Growth	5.23%	-0.77%	3.43%	2.63%	1.51%	14.27%
Gross Profit	233.27	226.88	215.78	208.3	220.81	220.12
Operating Income	58.67	53.23	44.54	25.23	19.12	21.35
Net Income	26.98	16.84	18.96	-17.45	6.5	3.86
Earnings Per Share	0.82	0.53	0.60	-0.58	0.21	0.13
EPS Growth	124.17%	-11.67%	-	-	61.54%	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Corporate and Eliminations	-20.58	-17.92	-13.52	-11.26	-11.12	-9.33
Products and Systems	14.71	13.97	13.66	12.99	12.73	13.83
International	145.85	143.84	135.97	124.41	112.43	117.25
North America	599.19	584.13	593.53	579.33	573.34	555.39
Total	739.17	724.02	729.64	705.47	687.37	677.13

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	21.99	28.01	18.32	17.65	20.49	24.11
Total Debt	245.19	242.62	231.78	245.72	243.94	260.15
Net Cash (Debt)	-223.21	-214.61	-213.46	-228.08	-223.45	-236.04
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.80	-6.69	-6.75	-7.52	-7.39	-7.83

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	54.32	32.98	50.13	26.75	26.41	42.26
Capital Expenditures	-25.4	-24.67	-17.9	-20.85	-12.59	-18.16
Free Cash Flow	28.92	8.31	32.23	5.89	13.82	24.1
Free Cash Flow Growth	25.23%	-74.22%	446.78%	-57.34%	-42.68%	-54.01%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	31.56%	31.34%	29.57%	29.53%	32.12%	32.51%
Operating Margin	7.94%	7.35%	6.10%	3.58%	2.78%	3.15%
Pretax Margin	4.76%	3.10%	3.32%	-2.65%	1.35%	1.08%
Profit Margin	3.65%	2.33%	2.60%	-2.47%	0.95%	0.57%
FCF Margin	3.91%	1.15%	4.42%	0.83%	2.01%	3.56%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 9, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	24.29	23.70	14.82	-	22.68	56.70
Forward PE	17.37	12.84	11.54	10.51	10.13	13.93
P/FCF Ratio	21.56	48.04	8.72	37.70	10.67	9.08
PS Ratio	0.84	0.55	0.39	0.32	0.21	0.32