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Montrose Environmental Group, Inc. MEG

Industrials · Waste Management · United States
https://www.montrose-env.com

Montrose Environmental Group, Inc. operates as an environmental services company in the United States, Australia, Canada, and internationally. It operates in three segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. The company offers scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits for current operations, facility upgrades, new projects, decommissioning projects and development projects. It also provides environmental testing and laboratory services, including source and ambient air testing and monitoring, leak detection, and advanced multi-media laboratory services, including air, soil, stormwater, wastewater and drinking water analysis; and engineering, design, and implementation services comprising treatment technologies which treat contaminated water or soil remediation. The company serves oil and gas, utilities, local, state, provincial and federal government entities, technical services, industrial manufacturing, transportation, chemicals, renewable energy generation, telecommunications, and engineering industries. Montrose Environmental Group, Inc. was founded in 2012 and is headquartered in North Little Rock, Arkansas.

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$22.14
+45.85% 1Y

Market & Price

Market Cap
$800.80M
Current Price
$22.14
High / Low (52W)
$31.06 / $15.05
Beta
1.83

Valuation

Stock P/E
-
Industry PE
28.38
Forward P/E
13.56
PEG Ratio
-
Book Value
$12.56
Price to Book
1.76
P/S
0.96
EV/EBITDA
17.50
Dividend Yield
-

Profitability & Returns

ROCE
3.79%
ROE
-0.17%
ROA
0.92%
Profit Margin
-0.10%
Op Margin
-1.29%
EPS (Latest Qtr)
$-0.23
EPS (TTM)
$-0.14

Balance Sheet & Liquidity

Debt/Equity
0.80
Quick Ratio
1.35
Current Ratio
1.43
Debt
$359.46M
Total Assets
$981.30M
Current Assets
$240.39M
Working Capital
$72.39M

Ownership

Promoter Holding
7.78%
Chg in Prom Hold
0.00%
FII / Inst Holding
95.83%
Chg in FII Hold
0.01%

Financial Snapshot

Enterprise Value
$1.14B
Total Revenue (TTM)
$830.54M
EBITDA
$65.36M
Free Cash Flow
$83.48M
Operating Cash Flow
$107.48M
Shares Outstanding
36.17M
Gross Margin
40.26%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
15.12%
Profit 5Y
32.45%
Revenue (YoY)
2.20%
Earnings (YoY)
-

PROS

  • Compounding revenue at 15.1% over 5 years.
  • Profit CAGR of 32.5% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 28.7% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MEG Montrose Environmental Group, Inc. 22.14 - $800.80M - 3.79% -0.17% 15.12% 32.45%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue -189.06M177.83M234.54M224.89M193.27M
Cost of Revenue -111.95M108.41M132.80M136.28M118.70M
Gross Profit -77.10M69.43M101.74M88.60M74.57M
Operating Expenses -99.80M79.53M86.45M78.65M77.09M
Operating Income --22.70M-10.10M15.29M9.95M-2.52M
EBITDA --4.91M1.87M36.88M33.66M9.30M
Interest Expense -4.44M5.07M4.77M5.04M4.70M
Pretax Income --24.71M-16.49M19.34M15.66M-7.29M
Tax Provision -3.52M2.87M988.00K7.28M924.00K
Net Income --28.22M-19.36M18.36M8.38M-8.22M
Diluted EPS --0.90-0.640.420.21-0.23

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -544.42M624.21M696.39M830.54M
Cost of Revenue -351.88M383.90M418.19M496.19M
Gross Profit -192.53M240.31M278.20M334.35M
Operating Expenses -223.77M268.64M314.39M321.72M
Operating Income --31.24M-28.34M-36.19M12.62M
EBITDA -23.15M21.73M14.31M81.70M
Interest Expense -5.24M7.79M15.86M19.57M
Pretax Income --29.57M-31.84M-54.32M11.22M
Tax Provision -2.25M-980.00K8.00M12.06M
Net Income --31.82M-30.86M-62.31M-843.00K
Diluted EPS --1.62-1.57-2.22-0.14

Compounded Sales Growth

5 Years:15.12%
1 Year:2.20%

Compounded Profit Growth

5 Years:32.45%
1 Year:-

Stock Price Performance

1 Year:+45.85%
6 Months:-16.89%
3 Months:-0.63%
1 Month:-1.03%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -791.91M816.79M990.35M981.30M
Current Assets -247.93M200.92M238.00M240.39M
Cash & Equivalents -89.83M23.24M12.94M11.22M
Inventory -3.63M3.82M2.79M2.62M
Receivables -94.71M112.36M158.88M155.38M
Total Liabilities -478.73M495.53M544.09M530.12M
Current Liabilities -111.44M126.29M158.66M168.00M
Long Term Debt -152.49M148.99M204.82M277.06M
Total Debt -202.12M210.34M281.00M359.03M
Total Equity -313.19M321.25M446.26M451.18M
Shares Outstanding -29.75M30.19M34.31M35.93M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -20.65M56.02M22.23M107.48M
Investing Cash Flow --38.69M-101.62M-138.04M-15.84M
Financing Cash Flow --38.76M-20.11M106.00M-93.12M
Capital Expenditure --10.18M-32.93M-23.83M-17.01M
Free Cash Flow -10.47M23.09M-1.60M90.46M
Net Change in Cash --56.80M-65.71M-9.81M-1.49M

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -35.4%38.5%39.9%40.3%
Operating Margin % --5.7%-4.5%-5.2%1.5%
Net Margin % --5.8%-4.9%-8.9%-0.1%
ROE % --10.2%-9.6%-14.0%-0.2%
ROCE % --4.6%-4.1%-4.4%1.6%

Shareholding Pattern

Insiders
7.78%
Institutions
95.83%
Public Float
103.92%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 8.96% 3.24M $71.74M
2 BAMCO Inc. 5.97% 2.16M $47.84M
3 Vanguard Group Inc 5.49% 1.99M $43.98M
4 Goldman Sachs Group Inc 4.79% 1.73M $38.37M
5 Nomura Asset Management International Inc 4.57% 1.65M $36.61M
6 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 4.03% 1.46M $32.27M
7 Principal Financial Group, Inc. 3.54% 1.28M $28.33M
8 Fred Alger Management, LLC 2.95% 1.07M $23.66M
9 Alliancebernstein L.P. 2.47% 893.43K $19.78M
10 Truist Financial Corp 2.20% 795.31K $17.61M

Analyst View

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