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Mistras Group MG Lease obligation incurred

Lease obligation incurred at other companies

Cogent Communications Holdings logo
Cogent Communications HoldingsCCOI
$32.97M-15.4%
Kemper logo
KemperKMPR
$4.6M-9.8%
Willdan Group logo
Willdan GroupWLDN
$492K-15.2%
Norwood Financial logo
Norwood FinancialNWFL
$1.6M
Mistras Group logo
Mistras GroupMG
$2.56M+7.9%
Norwood Financial logo
Norwood FinancialNWFL
$1.6M

Other financials

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

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Market cap$597.52M+153%
Enterprise value$789.23M+86.6%
P/E26.7×+10.7×
P/S0.8×+0.5×

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×

Where this comes from

Reported directly by Mistras Group in its filing.

Tagged under the XBRL concept us-gaap:CapitalLeaseObligationsIncurred.

The official record: Mistras Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mistras Group's lease obligation incurred?
Mistras Group (MG) reported lease obligation incurred of $2.56M in Q1 2026.
How has Mistras Group's lease obligation incurred changed year-over-year?
Mistras Group's lease obligation incurred increased by 7.9% year-over-year, from $2.37M to $2.56M.
What is the long-term trend for Mistras Group's lease obligation incurred?
Over 4 years (2021 to 2025), Mistras Group's lease obligation incurred has grown at a 36.5% compound annual growth rate (CAGR), from $2.92M to $10.15M.
What does lease obligation incurred mean?
Represents the total value of new lease obligations recognized during the period, typically involving long-term assets like equipment or facilities. This metric highlights the company's reliance on leasing rather than purchasing assets to support operational capacity. It is a key indicator of off-balance sheet financing and future fixed-cost commitments.