Company Analysis

Mistras Group Inc. (MG)

NYSE: MG · Services-Engineering Services · Princeton Junction, NJ · filing with the SEC since 2008
Grade3.7
◀ Past 3.2● Present 3.4▶ Future 4.7

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 11, 2026Mar 11, 2025Mar 11, 2024Mar 15, 2023Mar 14, 2022Mar 16, 2021Mar 27, 2020Mar 18, 2019Mar 14, 2018Mar 20, 2017
Revenue724,024729,640705,473687,373677,131592,571748,586742,354700,970684,762
For lenders
Net interest income·········-3,075
Cost of revenue497,143513,864r497,177r466,567457,013391,855509,489512,024492,238468,929
Gross profit204,511192,173r184,301r198,173197,147178,531217,297207,874187,712194,134
Research and development1,0281,1191,7231,9942,5182,8923,0453,3102,2722,670
Selling, general and administrative139,876135,452r147,243r166,400r161,334157,157r168,621165,702r151,825r148,914
Operating income40,57239,826-1,90419,79918,170-101,21724,13722,2214,16025,546
Interest expense14,64317,06716,76110,50510,88212,95513,6987,9504,386·
Other income (expense), net-3,4511,4850·······
Income before income taxes22,47824,244-18,6659,2947,288-114,17210,43914,271-22622,471
Income tax expense5,5575,274-1,2202,7203,395-14,7064,3597,4261,9428,008
Net income including non-controlling interests16,92118,970-17,4456,5743,893-99,4666,0806,845-2,16814,463
Net income to non-controlling interests··87533-5209754
Net income16,83718,958-17,4536,4993,860-99,4616,0606,836-2,17514,409
Earnings per share, basic0.540.61-0.580.220.13-3.410.210.24-0.08·
Earnings per share, diluted0.530.60-0.580.210.13-3.410.210.23-0.08·
Weighted average shares, basic31,40830,92630,33029,90129,57229,14728,74028,40628,42228,960
Weighted average shares, diluted32,05831,60830,33030,22930,13029,14729,04629,42728,42230,114
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
us-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton MG · research, not advice