MG
Mistras Group Inc
NYSE: MG · INDUSTRIALS · SECURITY & PROTECTION SERVICES
$18.88
+2.11% today
Updated 2026-04-30
Market cap
$599.11M
P/E ratio
35.53
P/S ratio
0.83x
EPS (TTM)
$0.53
Dividend yield
—
52W range
$7 – $19
Volume
0.2M
Mistras Group Inc (MG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $152.27M | $209.13M | $272.13M | $272.13M | $338.59M | $436.88M | $529.28M | $623.45M | $711.25M | $684.76M | $700.97M | $742.35M | $748.59M | $592.57M | $677.13M | $687.37M | $705.47M | $729.64M | $724.02M |
| Revenue growth (YoY) | — | +37.3% | +30.1% | +0.0% | +24.4% | +29.0% | +21.2% | +17.8% | +14.1% | -3.7% | +2.4% | +5.9% | +0.8% | -20.8% | +14.3% | +1.5% | +2.6% | +3.4% | -0.8% |
| Cost of revenue | $97.44M | $139.87M | $188.99M | $188.99M | $235.19M | $307.19M | $380.91M | $450.50M | $526.52M | $516.17M | $513.26M | $534.48M | $531.29M | $414.04M | $479.98M | $489.20M | $501.67M | $516.53M | $529.89M |
| Gross profit | $54.83M | $69.27M | $83.14M | $83.14M | $103.40M | $129.69M | $148.37M | $172.94M | $184.73M | $168.59M | $187.71M | $207.87M | $217.30M | $178.53M | $197.15M | $198.17M | $203.81M | $213.11M | $194.13M |
| Gross margin | 36.0% | 33.1% | 30.6% | 30.6% | 30.5% | 29.7% | 28.0% | 27.7% | 26.0% | 24.6% | 26.8% | 28.0% | 29.0% | 30.1% | 29.1% | 28.8% | 28.9% | 29.2% | 26.8% |
| R&D | $954000.00 | $1.25M | $2.40M | $2.40M | $2.15M | $2.06M | $2.45M | $3.00M | $2.52M | $2.67M | $2.27M | $3.31M | $3.04M | $2.89M | $2.52M | $1.99M | $1.72M | $1.12M | $1.03M |
| SG&A | $33.90M | $2.10M | $297000.00 | $297000.00 | $64.88M | $100.09M | $121.89M | $123.69M | $143.98M | $154.04M | $149.93M | $163.60M | $169.47M | $157.16M | $161.33M | $166.59M | $165.35M | $155.39M | $139.88M |
| Operating income | $16.36M | $14.82M | $21.51M | $20.90M | $29.61M | $36.77M | $27.55M | $38.30M | $30.35M | $25.55M | $4.16M | $22.22M | $24.14M | $-101.22M | $18.17M | $19.80M | $-1.90M | $39.83M | $53.23M |
| Operating margin | 10.7% | 7.1% | 7.9% | 7.7% | 8.7% | 8.4% | 5.2% | 6.1% | 4.3% | 3.7% | 0.6% | 3.0% | 3.2% | -17.1% | 2.7% | 2.9% | -0.3% | 5.5% | 7.4% |
| EBITDA | $27.78M | $35.69M | $26.18M | $48.20M | $59.46M | $54.20M | $66.72M | $63.64M | $38.23M | $57.93M | $35.54M | $56.63M | $62.67M | $-65.51M | $53.09M | $53.09M | $32.20M | $74.32M | $85.98M |
| EBITDA margin | 18.2% | 17.1% | 9.6% | 17.7% | 17.6% | 12.4% | 12.6% | 10.2% | 5.4% | 8.5% | 5.1% | 7.6% | 8.4% | -11.1% | 7.8% | 7.7% | 4.6% | 10.2% | 11.9% |
| EBIT | $16.36M | $23.06M | $21.51M | $33.02M | $54.08M | $47.75M | $57.94M | $35.21M | $25.19M | $25.02M | $4.16M | $22.22M | $24.14M | $-101.22M | $18.17M | $19.80M | $-1.90M | $41.31M | $53.23M |
| Interest expense | $3.53M | $4.61M | $0.00 | $3.53M | $2.77M | $3.29M | $3.19M | $3.19M | $4.62M | $3.08M | $4.39M | $7.95M | $13.70M | $12.96M | $10.88M | $10.51M | $16.76M | $17.07M | $14.64M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $7.44M | $5.47M | $10.43M | $10.43M | $16.43M | $21.35M | $11.65M | $22.52M | $16.08M | $14.46M | $-2.17M | $6.84M | $6.06M | $-99.46M | $3.86M | $6.50M | $-17.45M | $18.96M | $16.84M |
| Net income growth (YoY) | — | -26.5% | +90.8% | +0.0% | +57.6% | +30.0% | -45.5% | +93.4% | -28.6% | -10.1% | -115.0% | +414.3% | -11.4% | -1741.3% | +103.9% | +68.4% | -368.5% | +208.6% | -11.2% |
| Profit margin | 4.9% | 2.6% | 3.8% | 3.8% | 4.9% | 4.9% | 2.2% | 3.6% | 2.3% | 2.1% | -0.3% | 0.9% | 0.8% | -16.8% | 0.6% | 0.9% | -2.5% | 2.6% | 2.3% |