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MARKETS / NYSE / MG
NYSE · SERVICES-ENGINEERING SERVICES · MID CAP

Mistras Group, Inc. MG

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$724.0M
▼ 0.8% YoY
$16.8M
▼ 11.2% YoY
$8.3M
▼ 74.2% YoY
In brief

What this company does

Mistras Group, Inc. delivers asset protection solutions that combine inspection services, products, data management, analytics, and engineering expertise. As of December 31, 2025, it had approximately 4,800 employees worldwide, of which 3,200 were located in the United States, 500 in Canada and 1,100 in its other non-U.S. locations. It has three operating segments: North America, International and Products and Systems. The International segment offers services, products and systems similar to those of the other segments to select markets within Europe, the Middle East, Africa, Asia and South America. The Products and Systems segment designs, manufactures, sells, installs and services the Company's asset protection monitoring products and systems, including equipment and instrumentation, predominantly in the United States.

Written from the business description in Mistras Group, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 11 March 2026. Every sentence was checked against that document before publication.

Growth
USD 724.0M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 724.0 · Net income 16.8
250.0M500.0M-40.0M-80.0M200920112013201520172019202120232025
Compound annual growth
+1.7%
+4.1%
+0.1%
+5.2%
+37.3%
−3.7%
+0.2%
+36.2%
−4.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +4.1% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
2 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 5.6% · Net 2.3%
5%-5%-10%-15%200920112013201520172019202120232025
ROE
FY2025 · ROE 7.8%
5%10%-20%-40%200920112013201520172019202120232025
Gross margin28.2%
Operating margin5.6%
Net margin2.3%
Return on assets3.1%
EBITDAUSD 71.6M

Each USD of equity produced 8 cents of profit this year.

Cash & shareholders
—
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 8.3
20M40M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2019 · Dividends — · Net buybacks -0.0
8M20142015201720182019
Dividends paid—
Net buybacks—
Share of profit—
Consecutive raises—

Total assetsUSD 578.8M
EquityUSD 235.1M
CashUSD 28.0M
Gross debtUSD 178.0M
Net debtUSD 150.0M
Current ratio1.74×

Net debt stands at 64% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.70.70.70.70.70.60.70.70.70.70.70.70.60.50.40.30.3
Operating income $B0.00.0−0.00.00.0−0.10.00.00.00.00.00.00.00.00.00.00.0
EBITDA $B0.10.10.00.10.1−0.10.10.10.0·0.10.10.10.10.10.00.0
Income tax $B0.00.0−0.00.00.0−0.00.00.00.00.00.00.00.00.00.00.00.0
Net income $B0.00.0−0.00.00.0−0.10.00.0−0.00.00.00.00.00.00.00.00.0
Free cash flow $B0.00.00.00.00.00.10.00.00.0·0.10.00.00.00.00.00.0
EPS, diluted $0.530.60−0.580.210.13−3.410.210.23−0.08·0.820.54·····
Dividend / sh $·················
Payout %·················
ROE %7.89.8−9.03.31.9−41.22.22.5−0.85.39.56.610.05.811.99.8·
Shares out B··········0.030.030.030.030.030.03·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures · 14 divergences in 77 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 14 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 18 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures14 divergent
ActivityServices-Engineering Services
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2009

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