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Mistras Group

MG

Mistras Group is a leading global provider of technology-enabled industrial asset integrity solutions and laboratory testing.

Market cap
$494.75M+98.9%
Revenue$731.4M+3.5%
Net income$22.4M+51.7%
Free cash flow$4.1M-89.2%
EPS (diluted)$0.70+52.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$189.7M
EPS estimate$0.25

Financials

Q1 2026

Income statement

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Revenue$169.0M+4.6%
Gross profit$50.2M+8.4%
Operating income$4.7M+563%
Net income$2.4M+175%
EPS (diluted)$0.07+170%

Balance sheet

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Cash & equivalents$25.0M+34.8%
Total debt$216.7M+5.8%
Total equity$233.2M+17.4%
Total assets$572.7M+8.7%

Cash flow

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Operating cash flow$2.8M-50.2%
CapEx$6.0M+31.0%
Free cash flow-$3.2M-390%

Valuation & ratios

Valuation

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Market cap$494.75M+98.9%
Enterprise value$686.46M+48.9%
P/E22.1×-0.6×
P/S0.7×+0.3×

Profitability

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Gross margin31.5%+1.8pp
Operating margin6.3%+1.6pp
Net margin3.1%+1.0pp
FCF margin0.6%-4.8pp

Returns & leverage

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Return on equity10.4%+2.7pp
Debt / equity0.9×-0.1×
Current ratio1.8×+0.3×

Segments

By product

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Oil & Gas$85.5M-11.5%
Aerospace & Defense$27.6M+35.5%
Industrials$18.6M+0.4%
Infrastructure, Research & Engineering$13.3M+84.0%
Other Process Industries$9.0M-12.1%

By segment

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North America$135.3M+5.0%
International$36.3M+9.3%
Products and Systems$2.7M-14.2%

By geography

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Europe$35.1M+24.3%
Other Americas$11.4M-12.9%
Asia-Pacific$1.7M-14.5%

Competitors

Profile

Mistras Group is a leading global provider of technology-enabled industrial asset integrity solutions and laboratory testing. The company offers a comprehensive suite of non-destructive testing, engineering, and maintenance services integrated with proprietary digital monitoring software to help customers reduce operational risk and extend the life of critical infrastructure. Their value proposition centers on being a single-source provider that centralizes asset protection data for predictive analytics and regulatory compliance.

Competitive position

A leading single-source provider with a highly integrated portfolio of proprietary software and advanced NDT technologies that create high barriers to entry.

GeographiesNorth America, Europe, Middle East, Africa, Asia, South America
Customer segmentsEnterprise, Governmental Authorities, Original Equipment Manufacturers (OEMs)
Business modelService-based, Manufacturing, Subscription SaaS, Engineering Consulting
SuppliersRaw material suppliers for NDT equipment, Electronic component manufacturers, Cloud infrastructure providers
CustomersOil refineries, Aerospace prime contractors, Nuclear power plant operators, Public bridge and infrastructure authorities
Listed2009
Employees4.8K
CEONatalia Shuman
FilingsSEC EDGAR

Questions, answered.

What is Mistras Group's market cap?
Mistras Group (MG) has a market capitalization of $494.7M and trades on NYSE.
What is Mistras Group's revenue and profitability?
Mistras Group generated $731.4M in trailing twelve-month revenue with net income of $22.4M, representing a net margin of 3.1%. Gross margin stands at 31.5%, with free cash flow of $4.1M. These figures are based on the Q1 2026 filing.
Who are Mistras Group's competitors?
Mistras Group's key competitors include Team, Inc., Applus RTD, TIC Solutions, Inc, and others. These companies compete in similar markets and product categories.
What subsidiaries does Mistras Group have?
Mistras Group's subsidiaries include Onstream Pipeline Inspection, New Century Software.
Where is Mistras Group headquartered?
Mistras Group is headquartered in United States of America and employs approximately 4,800 people. It has been publicly traded since 2009.