Mistras Group MG
$20.16 +$0.02 (+0.10%)
Market closed · Nov 6, 8:10 pm ET · Last extended-hours $20.16 0.00%
Open$20.15
Prev close$20.14
Day range$20.15 – $20.20
Volume309.1K
Market cap$642.44M
P/E (TTM)32.0
Dividend yield–
Fundamentals
Latest reported quarter: Q2, ended Jun 2026
Revenue$193.13M+4.2% YoY
Operating profit$14.47M+27.2% YoY
Net profit$7.55M+141.6% YoY
Diluted EPS$0.23+130.0% YoY
Free cash flow$8.19M+152.1% YoY
Operating cash flow$14.91M
Revenue, last 8 quarters
Net profit, last 8 quarters
Diluted EPS by quarter
Free cash flow by quarter
Annual revenue
Profitability & balance sheet
Gross margin28.5%
Operating margin8.0%
Net margin3.6%
Return on equity11.8%
Return on assets4.7%
Return on invested capital8.5%
Current ratio1.71
Liabilities / assets58.9%
Cash & investments$21.99M
Total debt$192.20M
Net cash (debt)-$170.21M
Free cash flow / sales3.2%
Where the revenue comes from
Quarter 2026/Q2
By business line
Income statement
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total Revenue as Reported | $193.13M | $169.03M | $724.02M | $181.46M | $195.55M |
| Total Operating Revenue | $193.13M | $169.03M | $724.02M | $181.46M | $195.55M |
| Cost of Revenue | $136.69M | $124.30M | $519.51M | $129.97M | $137.36M |
| Gross Profit | $56.45M | $44.73M | $204.51M | $51.48M | $58.19M |
| Operating Expense | $41.97M | $39.58M | $151.29M | $33.85M | $36.05M |
| Selling and Admin Expenses | $38.72M | $36.99M | $139.88M | $30.95M | $33.48M |
| Research & Development | $243,000.00 | $221,000.00 | $1.03M | $250,000.00 | $210,000.00 |
| Depreciation & Amortization & Depletion | $2.55M | $2.50M | $8.64M | $2.17M | $2.16M |
| -Depreciation & Amortization | $2.55M | $2.50M | $8.64M | $2.17M | $2.16M |
| Other Operating Expenses | $460,000.00 | -$131,000.00 | $1.74M | $486,000.00 | $199,000.00 |
| Operating Profit | $14.47M | $5.16M | $53.23M | $17.63M | $22.15M |
| Net Non-Operating Interest Income (Expense) | -$4.14M | -$2.88M | -$14.64M | -$3.70M | -$3.38M |
| Non-Operating Interest Expense | $4.14M | $2.88M | $14.64M | $3.70M | $3.38M |
| Other Income (Expense) | -$514,000.00 | $457,000.00 | -$16.11M | -$8.30M | -$1.76M |
| Special Income (Charges) | -$1.53M | -$475,000.00 | -$12.65M | -$4.85M | -$1.76M |
| -Less:Restructuring and Mergern & Acquisition | $1.53M | $475,000.00 | $12.65M | $4.85M | $1.76M |
| Other Non-Operating Income (Expenses) | $1.01M | $932,000.00 | -$3.45M | – | – |
| Pretax Profit | $9.82M | $2.74M | $22.48M | $5.63M | $17.00M |
| Tax | $2.27M | $378,000.00 | $5.56M | $1.87M | $3.80M |
| Net Profit | $7.55M | $2.36M | $16.92M | $3.76M | $13.20M |
| Profit from Continuing Operations | $7.55M | $2.36M | $16.92M | $3.76M | $13.20M |
| Minority Interests | -$29,000.00 | -$31,000.00 | $84,000.00 | -$138,000.00 | $95,000.00 |
| Net Income to Parent Company | $7.58M | $2.39M | $16.84M | $3.90M | $13.11M |
| Net Income to Common Stockholders | $7.58M | $2.39M | $16.84M | $3.90M | $13.11M |
| Basic EPS | $0.24 | $0.08 | $0.54 | $0.12 | $0.42 |
| Diluted EPS | $0.23 | $0.07 | $0.53 | $0.12 | $0.41 |
| -Less:Impairment of Capital Assets | – | – | $0.00 | – | – |
Balance sheet
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total Assets | $584.12M | $572.67M | $578.78M | $578.78M | $596.26M |
| Total Current Assets | $218.50M | $210.89M | $216.19M | $216.19M | $237.50M |
| Cash and Cash Equivalents & Short-Term Investments | $21.99M | $24.99M | $28.01M | $28.01M | $27.81M |
| -Cash and Cash Equivalents | $21.99M | $24.99M | $28.01M | $28.01M | $27.81M |
| Receivables | $161.76M | $151.41M | $154.67M | $154.67M | $174.79M |
| -Accounts Receivable | $135.07M | $123.01M | $154.67M | $154.67M | $174.79M |
| -Other Receivables | $29.83M | $31.73M | – | – | – |
| -Receivables Adjustments Allowances | -$3.14M | -$3.33M | – | – | – |
| Inventory | $16.73M | $15.28M | $14.00M | $14.00M | $14.80M |
| Other Current Assets | $18.02M | $19.21M | $19.51M | $19.51M | $20.11M |
| Total Non-Current Assets | $365.62M | $361.79M | $362.59M | $362.59M | $358.76M |
| Net PPE | $100.24M | $95.25M | $93.16M | $93.16M | $87.66M |
| -Gross PPE | $363.37M | $355.24M | $350.20M | $350.20M | $349.39M |
| -Accumulated Depreciation | -$263.13M | -$259.98M | -$257.03M | -$257.03M | -$261.74M |
| Goodwill and Other Intangible Assets | $220.26M | $221.34M | $223.24M | $223.24M | $222.18M |
| -Goodwill | $182.20M | $183.65M | $184.83M | $184.83M | $183.73M |
| -Other Intangible Assets | $38.06M | $37.69M | $38.41M | $38.41M | $38.45M |
| Non-Current Deferred Assets | $5.64M | $5.67M | $5.38M | $5.38M | $5.07M |
| Other Non-Current Assets | $39.48M | $39.52M | $40.81M | $40.81M | $43.86M |
| Total Liabilities | $343.95M | $339.07M | $343.14M | $343.14M | $368.43M |
| Total Current Liabilities | $127.52M | $116.82M | $124.31M | $124.31M | $125.79M |
| Payables | $22.10M | $18.53M | $16.41M | $16.41M | $18.82M |
| -Accounts Payable | $21.67M | $18.04M | $14.94M | $14.94M | $18.38M |
| -Total Tax Payable | $424,000.00 | $487,000.00 | $1.47M | $1.47M | $444,000.00 |
| Current Accrued Expenses | $59.48M | $54.66M | $63.49M | $63.49M | $62.90M |
| Short-Term Debt and Capital Lease Obligation | $31.23M | $30.69M | $30.76M | $30.76M | $30.50M |
| -Current Debt | $12.83M | $12.86M | $12.85M | $12.85M | $13.04M |
| -Current Capital Lease Obligation | $18.40M | $17.83M | $17.91M | $17.91M | $17.46M |
| Current Deferred Liabilities | $11.65M | $10.23M | $9.10M | $9.10M | $8.15M |
| Total Non-Current Liabilities | $216.43M | $222.25M | $218.83M | $218.83M | $242.64M |
| Long Term Debt and Capital Lease Obligation | $179.37M | $186.01M | $182.48M | $182.48M | $203.87M |
| -Long Term Debt | $159.26M | $168.49M | $165.14M | $165.14M | $189.24M |
| -Long Term Capital Lease Obligation | $20.11M | $17.52M | $17.34M | $17.34M | $14.64M |
| Non-Current Deferred Liabilities | $2.47M | $1.91M | $1.26M | $1.26M | $2.88M |
| Other Non-Current Liabilities | $34.59M | $34.33M | $35.08M | $35.08M | $35.89M |
| Total Equity | $240.18M | $233.60M | $235.65M | $235.65M | $227.83M |
| Stockholders' Equity | $239.96M | $233.23M | $235.10M | $235.10M | $227.40M |
| Capital Stock | $690,000.00 | $690,000.00 | $499,000.00 | $499,000.00 | $480,000.00 |
| -Common Stock | $690,000.00 | $690,000.00 | $499,000.00 | $499,000.00 | $480,000.00 |
| -Preferred Stock | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Additional Paid-In Capital | $258.84M | $256.32M | $256.86M | $256.86M | $255.30M |
| Retained Earnings | $16.82M | $9.24M | $6.85M | $6.85M | $2.96M |
| Gains/Losses Not Affecting Retained Earnings | -$36.39M | -$33.02M | -$29.11M | -$29.11M | -$31.33M |
| Minority Interests | $213,000.00 | $369,000.00 | $541,000.00 | $541,000.00 | $422,000.00 |
Cash flow
| Line item | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Operating Cash Flow | $14.91M | $2.81M | $32.98M | $32.14M | $4.46M |
| Net cash flow from continuing operations | $14.91M | $2.81M | $32.98M | $32.14M | $4.46M |
| Net Income from Continuing Operations | $7.55M | $2.36M | $16.92M | $3.76M | $13.20M |
| Gain/Loss from Continuing Operations | -$1.01M | -$932,000.00 | $3.45M | $1.03M | -$735,000.00 |
| Depreciation & Depletion & Amortization | $8.27M | $7.98M | $31.01M | $7.85M | $7.69M |
| Deferred Tax | $615,000.00 | $374,000.00 | $304,000.00 | -$1.98M | $2.34M |
| Other Non-Cash Items | -$324,000.00 | -$1.53M | -$2.64M | -$1.41M | -$514,000.00 |
| Change in Working Capital | -$2.69M | -$6.86M | -$25.61M | $20.32M | -$19.33M |
| -Change in Receivables | -$10.82M | $2.40M | -$24.95M | $19.28M | -$15.85M |
| -Change in Inventory | -$1.56M | -$1.31M | $772,000.00 | $777,000.00 | $201,000.00 |
| -Change in Prepaid Assets | $1.14M | $622,000.00 | -$6.80M | $361,000.00 | -$852,000.00 |
| -Change in Payables and Accrued Expense | $8.55M | -$8.57M | $5.37M | -$99,000.00 | -$2.83M |
| Net cash flow from investing | -$6.30M | -$5.56M | -$25.12M | -$6.16M | -$7.55M |
| Net Cash Flow from Continuing Investing Activities | -$6.30M | -$5.56M | -$25.12M | -$6.16M | -$7.55M |
| Net PPE Purchase and Sale | -$4.35M | -$4.27M | -$20.60M | -$4.81M | -$6.67M |
| Net Intangibles Purchase and Sale | -$1.95M | -$1.29M | -$4.52M | -$1.35M | -$874,000.00 |
| Financing Cash Flow | -$10.89M | -$349,000.00 | -$595,000.00 | -$26.81M | $11.31M |
| Net Cash Flow from Continuing Financing Activities | -$10.89M | -$349,000.00 | -$595,000.00 | -$26.81M | $11.31M |
| Net Issuance Payments Of Debt | -$10.86M | $1.40M | $1.06M | -$26.68M | $11.34M |
| Net Other Financing Charges | -$30,000.00 | -$1.75M | -$1.66M | -$133,000.00 | -$32,000.00 |
| Ending Cash Balance | $21.99M | $24.99M | $28.01M | $28.01M | $27.81M |
| Net Change in Cash | -$2.28M | -$3.10M | $7.26M | -$831,000.00 | $8.22M |
| Beginning Cash Balance | $24.99M | $28.01M | $18.32M | $27.81M | $19.96M |
| Effect of Exchange Rate Changes | -$719,000.00 | $79,000.00 | $2.43M | $1.03M | -$372,000.00 |
| Free Cash Flow | $8.19M | -$4.45M | $3.79M | $24.65M | -$4.94M |
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