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Mistras Group MG State taxes

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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:IncomeTaxPaidStateAndLocalAfterRefundReceived.

The official record: Mistras Group’s 10-K, filed March 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mistras Group's state taxes?
Mistras Group (MG) reported state taxes of $384.75K in Q4 2025.
How has Mistras Group's state taxes changed year-over-year?
Mistras Group's state taxes increased by 42.9% year-over-year, from $269.25K to $384.75K.
What is the long-term trend for Mistras Group's state taxes?
Over 2 years (2023 to 2025), Mistras Group's state taxes has grown at a 68.8% compound annual growth rate (CAGR), from $540K to $1.54M.
What does state taxes mean?
This represents the actual cash outflow for state and local income taxes during the period, net of any refunds received. It reflects the cash impact of regional tax obligations on the company's liquidity. It is used to reconcile the difference between reported tax expense and actual cash payments.