Exponent vs Mistras Group
Mistras Group is the larger business, with $724m of revenue in fiscal 2025 against $582m for Exponent (1.2 times as much). Exponent grew faster (4.2% against -0.8%). Exponent kept more of each dollar of sales as profit: a net margin of 18.2% against 2.3%.
| Latest fiscal year | ExponentEXPO, 2025 | Mistras GroupMG, 2025 |
|---|---|---|
| Revenue | $582m | $724m |
| Revenue growth | 4.2% | -0.8% |
| Net income | $106m | $16.8m |
| Operating margin | 20.6% | — |
| Net margin | 18.2% | 2.3% |
| Return on equity | 26.1% | 7.8% |
| Free cash flow | $122m | $8.3m |
| Cash | $222m | $28.0m |
| Total debt | $0 | $178m |
| Debt to equity | 0.0% | — |
| Dividend per share | $1.20 | — |
| Dividend yield | 1.4% | — |
| Share buybacks | $97.1m | — |
| Employees | — | 4,800 |
| Market value | $4.24bn | $643m |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 77 (Strong) | 26 (Weak) |
| Insider trades, 12 months | 1 buys, 22 sales | 0 buys, 4 sales |