Mistras Group, Inc. is a US-listed company in the research & consulting services industry. Its financial year ends in December.
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Under review: after-tax interest is 79% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.
Under review: after-tax interest is 79% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.
Mistras Group, Inc. valuation: adjust assumptions and compare models →
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months to September 2026 was $748m, up 4.6% on a year earlier, slower than the 5.2% growth a quarter earlier. Free-cash-flow margin rose to 4.5% from 0.6% a year earlier. The diluted share count is up 4.3% on a year earlier, which dilutes existing holders.
Our model value for Mistras Group is under review, so past values are not shown until it is resolved.
Source: 10-Q filed November 2, 2026 on SEC EDGAR · Financials · Valuation
Revenue for the twelve months to June 2026 was $739m, up 5.2% on a year earlier, faster than the 3.5% growth a quarter earlier. Free-cash-flow margin held at 3.9%. Operating margin widened to 6.9% from 4.2%. The diluted share count is up 3.5% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 4 of our 7 financial-health checks.
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Mistras Group, Inc.'s trailing-twelve-month revenue grew 4.6% year on year, with a free-cash-flow margin of 4.5%. Where it stands out: stock pay as % of revenue of 1.0% ranks 4 of 30 research & consulting services companies we cover. Where it lags: gross margin of 28.7% ranks 21 of 25 research & consulting services companies we cover.
Our discounted-cash-flow model values the business at ~$9.8 per share in the base case (~$6.1–$15 across growth scenarios) — model values under stated assumptions, not a price target.
Current signal Free cash flow diverging from earnings: TTM free cash flow grew 668.8% while net income grew 14.8%: a 654pp divergence.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Nothing in Mistras Group, Inc.'s latest figures clears our strength thresholds.
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Company announcements, filed results and changes that matter to shareholders.
The company also guided to adjusted ebitda of $92.00m to $95.00m for the full-year.
The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.
We value Mistras Group, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9%: the 10-year Treasury yield (4.9%) plus a beta of 0.9 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | ~$13 ~$13–$18 | Included |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$3.2 ~$2.0–$5.2 | Left out: out of range vs price (0.16x) |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$0.8 ~$0.7–$1.0 | Left out: out of range vs price (0.04x) |
| Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. | — | Combined value withheld. Review the individual models and their assumptions. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Mistras Group, Inc. with Research & Consulting Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
| At fiscal year end | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Now |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share price | $24.81 | $23.47 | $14.38 | $14.27 | $7.76 | $7.43 | $4.93 | $7.32 | $9.06 | $12.65 | $20.15 |
| Market value | $742m | $667m | $423m | $414m | $226m | $224m | $149m | $222m | $286m | $406m | $666m |
| + Net debt (− = net cash) | $0 | $139m | $265m | $240m | $194m | $178m | $171m | $173m | $151m | $150m | $155m |
| Enterprise value | $742m | $806m | $688m | $654m | $421m | $402m | $320m | $395m | $438m | $556m | $821m |
| Multiples | |||||||||||
| Price / sales | 1.0x | 1.0x | 0.6x | 0.6x | 0.4x | 0.3x | 0.2x | 0.3x | 0.4x | 0.6x | 0.9x |
| Price / earnings | 30.1x | — | 61.9x | 68.4x | — | 58.0x | 22.9x | — | 15.1x | 24.1x | 32.0x |
| Price / free cash flow | 13.9x | 18.3x | 20.1x | 11.2x | 4.3x | 9.3x | 10.8x | 37.7x | 8.9x | 48.8x | 19.8x |
| EV / EBITDA | 9.8x | 22.7x | 12.2x | 10.4x | — | 7.6x | 6.0x | 12.3x | 6.0x | 7.8x | 12.4x |
Weak moat
How hard Mistras Group's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
Cash operating profit has been a median 5.9% of total assets over 10 years.
Gross margin has been a median 28.6%, moving by 0.9 percentage points (standard deviation) across 10 years.
Operating margin has been a median 3.2%; its worst year was -17.0%.
Free cash flow was positive in 10 of 10 years, at a median 3.6% of revenue.
The diluted share count rose 11.2% over five years; stock-based pay has been a median 0.8% of revenue.
AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (41 before it).
Next results: November 4, 2026, after the close. Analysts expect revenue of $202m and EPS of $0.38 (range $0.37 to $0.38) for the quarter.
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $1.02 | +17% | $747m | +3% |
| Next | $1.26 | +23% | $787m | +5% |
Next year's EPS estimate has moved +1.6% in 90 days, across 2 analysts.
The consensus EPS forecast for the current fiscal year is −1.9% on 90 days ago. In the last 30 days, 1 analyst raised Mistras Group, Inc.'s forecast and 1 cut it.
Average of analysts' published estimates (third-party data).
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $1.04 | $1.25 |
| 60 days ago | $1.04 | $1.25 |
| 30 days ago | $1.02 | $1.26 |
| 7 days ago | $1.02 | $1.26 |
| Now | $1.02 | $1.26 |
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | $0.25 | $0.28 | +12.0% |
| Mar 2026 | $0.00 | $0.08 | 0.0% |
| Dec 2025 | $0.23 | $0.25 | +6.4% |
| Sept 2025 | $0.29 | $0.46 | +58.6% |
Adjusted EPS as companies report it, against the average analyst estimate.
Last 12 months +111.2%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $702m | $739m | +5.2% |
| Net margin | 1.6% | 3.6% | +124.4% |
| P/E multiple | 26.4x | 24.5x | −7.4% |
| Share count | 32m | 33m | −3.4% |
Biggest factor: net margin.
Last 3 years +239.2%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $691m | $739m | +7.0% |
| Net margin | 0.4% | 3.6% | +882.4% |
| P/E multiple | 70.4x | 24.5x | −65.3% |
| Share count | 30m | 33m | −7.1% |
Biggest factor: net margin.
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| MG | −4% | −34% | +49% | +24% | +40% | +59% |
| Industry peers (median) | +38% | −15% | +10% | −4% | −15% | −3% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| MG | 33% | 42% | 83% | 50% | 58% | 46% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| MG | −40% | −52% | −38% | −32% | −33% | −22% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 89% from January 4, 2017 to March 18, 2020. Getting back needed a 805% gain, and the shares have not yet recovered.
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 10, 2026 | +15.6% | −0.3% | +12.8% | +24.3% |
| May 5, 2026 | −0.9% | +2.2% | −9.8% | −1.1% |
| March 4, 2026 | −4.3% | +0.1% | −6.5% | −0.9% |
| November 4, 2025 | +22.9% | −0.8% | +35.6% | +23.1% |
| August 6, 2025 | +11.3% | +0.7% | +15.8% | +23.0% |
| May 8, 2025 | −17.2% | +0.6% | −14.5% | −18.6% |
| March 5, 2025 | +10.9% | −0.7% | +10.2% | +7.5% |
| October 30, 2024 | −25.0% | −2.3% | −19.0% | −17.4% |
| July 31, 2024 | +1.0% | +0.2% | −5.4% | +16.0% |
| May 1, 2024 | +5.6% | +0.6% | +3.7% | −2.3% |
| March 6, 2024 | +8.1% | +1.5% | +7.5% | +15.6% |
| November 2, 2023 | +10.2% | +2.8% | +9.3% | +22.1% |
Source: SEC EDGAR filings. Retrieved November 2, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY23 Q4 | $705.5M |
| FY24 Q1 | $721.9M |
| FY24 Q2 | $735.6M |
| FY24 Q3 | $739M |
| FY24 Q4 | $729.6M |
| FY25 Q1 | $706.8M |
| FY25 Q2 | $702.4M |
| FY25 Q3 | $715.3M |
| FY25 Q4 | $724M |
| FY26 Q1 | $731.4M |
| FY26 Q2 | $739.2M |
| FY26 Q3 | $748.2M |
Source: SEC EDGAR filings. Retrieved November 2, 2026.
| Period | Revenue growth, TTM YoY |
|---|---|
| FY23 Q4 | 2.6% |
| FY24 Q1 | 4.1% |
| FY24 Q2 | 6.5% |
| FY24 Q3 | 6.8% |
| FY24 Q4 | 3.4% |
| FY25 Q1 | -2.1% |
| FY25 Q2 | -4.5% |
| FY25 Q3 | -3.2% |
| FY25 Q4 | -0.8% |
| FY26 Q1 | 3.5% |
| FY26 Q2 | 5.2% |
| FY26 Q3 | 4.6% |
Source: SEC EDGAR filings. Retrieved November 2, 2026.
| Period | Operating margin (TTM) |
|---|---|
| FY23 Q4 | -0.3% |
| FY24 Q1 | 0.8% |
| FY24 Q2 | 1.8% |
| FY24 Q3 | 4.1% |
| FY24 Q4 | 5.5% |
| FY25 Q1 | 4.7% |
| FY25 Q2 | 4.2% |
| FY25 Q3 | 5.3% |
| FY25 Q4 | 5.6% |
| FY26 Q1 | 6.3% |
| FY26 Q2 | 6.9% |
| FY26 Q3 | 6.1% |
Source: SEC EDGAR filings. Retrieved November 2, 2026.
| Period | FCF margin (TTM) |
|---|---|
| FY23 Q4 | 0.8% |
| FY24 Q1 | 0.2% |
| FY24 Q2 | -1.0% |
| FY24 Q3 | 2.7% |
| FY24 Q4 | 4.4% |
| FY25 Q1 | 5.3% |
| FY25 Q2 | 3.3% |
| FY25 Q3 | 0.6% |
| FY25 Q4 | 1.1% |
| FY26 Q1 | 0.6% |
| FY26 Q2 | 3.9% |
| FY26 Q3 | 4.5% |
Each dollar Mistras Group took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.
| Revenue | $724M | |
|---|---|---|
| Cost of revenue | $520M | 71.8% of revenue |
| Gross profit | $205M | 28.2% of revenue |
| Selling, general and admin | $140M | 19.3% of revenue |
| Other operating costs | $23M | 3.2% of revenue |
| Operating income | $40.6M | 5.6% of revenue |
| Income tax | $5.6M | 0.8% of revenue |
| Interest and other | $18.2M | 2.5% of revenue |
| Net income | $16.8M | 2.3% of revenue |
| Fiscal year | 2010 May 2010 | 2011 May 2011 | 2012 May 2012 | 2013 May 2013 | 2014 May 2014 | 2015 May 2015 | 2016 May 2016 | 2017 Dec 2017 | 2018 Dec 2018 | 2019 Dec 2019 | 2020 Dec 2020 | 2021 Dec 2021 | 2022 Dec 2022 | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 | LTM Sept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | |||||||||||||||||
| Revenue | 272 | 339 | 437 | 529 | 623 | 711 | 719 | 701 | 742 | 749 | 593 | 677 | 687 | 705 | 730 | 724 | 748 |
| Gross profit | 83 | 103 | 130 | 148 | 173 | 185 | 203 | 188 | 208 | 217 | 179 | 197 | 198 | 184 | 192 | 205 | 215 |
| EBITDA | 36 | 48 | 58 | 54 | 67 | 64 | 76 | 36 | 57 | 63 | −66 | 53 | 53 | 32 | 73 | 72 | 66 |
| Operating income | 21 | 30 | 36 | 28 | 38 | 30 | 43 | 4 | 22 | 24 | −101 | 18 | 20 | −2 | 40 | 41 | 45 |
| Net income | 10 | 16 | 21 | 12 | 23 | 16 | 25 | −2 | 7 | 6 | −99 | 4 | 6 | −17 | 19 | 17 | 21 |
| Diluted EPS | — | — | — | — | — | $0.54 | $0.82 | −$0.08 | $0.23 | $0.21 | −$3.41 | $0.13 | $0.21 | −$0.58 | $0.60 | $0.53 | $0.63 |
| Growth (year on year) | |||||||||||||||||
| Revenue | — | +24.4% | +29.0% | +21.2% | +17.8% | +14.1% | +1.1% | −2.5% | +5.9% | +0.8% | −20.8% | +14.3% | +1.5% | +2.6% | +3.4% | −0.8% | +4.6% |
| EBITDA | — | +33.6% | +20.6% | −6.7% | +23.1% | −4.6% | +18.9% | −53.0% | +59.3% | +10.7% | −204.5% | — | +0.0% | −39.4% | +126.2% | −1.7% | +13.7% |
| Operating income | — | +41.7% | +21.9% | −23.7% | +39.0% | −20.7% | +42.2% | −90.4% | — | +8.6% | −519.3% | — | +9.0% | −109.6% | — | +1.9% | +18.8% |
| Net income | — | +57.6% | +30.0% | −45.5% | +93.4% | −28.6% | +53.3% | −108.8% | — | — | — | — | — | — | — | −11.2% | +14.8% |
| Diluted EPS | — | — | — | — | — | — | +51.9% | −109.8% | — | — | — | — | — | — | — | −11.7% | +10.1% |
| Margins | |||||||||||||||||
| Gross margin | 30.6% | 30.5% | 29.7% | 28.0% | 27.7% | 26.0% | 28.2% | 26.8% | 28.0% | 29.0% | 30.1% | 29.1% | 28.8% | 26.1% | 26.3% | 28.2% | 28.7% |
| EBITDA margin | 13.3% | 14.2% | 13.3% | 10.2% | 10.7% | 8.9% | 10.5% | 5.1% | 7.6% | 8.4% | −11.1% | 7.8% | 7.7% | 4.6% | 10.0% | 9.9% | 8.9% |
| Operating margin | 7.7% | 8.7% | 8.3% | 5.2% | 6.1% | 4.3% | 6.0% | 0.6% | 3.0% | 3.2% | −17.1% | 2.7% | 2.9% | −0.3% | 5.5% | 5.6% | 6.1% |
| Net margin | 3.8% | 4.9% | 4.9% | 2.2% | 3.6% | 2.3% | 3.4% | −0.3% | 0.9% | 0.8% | −16.8% | 0.6% | 0.9% | −2.5% | 2.6% | 2.3% | 2.8% |
| Free-cash-flow margin | 6.3% | 4.5% | 5.0% | 5.9% | 3.2% | 4.9% | 7.4% | 5.2% | 2.8% | 5.0% | 8.8% | 3.6% | 2.0% | 0.8% | 4.4% | 1.1% | 4.5% |
| Cash flow | |||||||||||||||||
| Cash from operations | 19 | 25 | 31 | 44 | 37 | 50 | 68 | 56 | 42 | 59 | 68 | 42 | 26 | 27 | 50 | 33 | 62 |
| Capital spending | 2 | 10 | 10 | 13 | 17 | 15 | 15 | 19 | 21 | 22 | 15 | 18 | 13 | 21 | 18 | 25 | 28 |
| Free cash flow | 17 | 15 | 22 | 31 | 20 | 35 | 53 | 36 | 21 | 37 | 52 | 24 | 14 | 6 | 32 | 8 | 34 |
| Stock-based pay | 3 | 4 | 5 | 6 | 6 | 7 | 7 | 7 | 6 | 6 | 6 | 5 | 5 | 6 | 5 | 8 | 7 |
| Free cash flow after stock pay | 14 | 11 | 17 | 25 | 14 | 28 | 47 | 30 | 15 | 31 | 47 | 19 | 8 | 0 | 27 | 1 | 26 |
| Balance sheet | |||||||||||||||||
| Cash | — | — | — | — | — | — | — | 28 | 26 | 15 | 26 | 24 | 20 | 18 | 18 | 28 | 19 |
| Total debt | 0 | 22 | 40 | 60 | 77 | 113 | — | 167 | 291 | 255 | 220 | 203 | 191 | 190 | 170 | 178 | 174 |
| Net debt (negative = net cash) | — | — | — | — | — | — | — | 139 | 265 | 240 | 194 | 178 | 171 | 173 | 151 | 150 | 155 |
| Diluted shares | 24m | 27m | 29m | 29m | 29m | 30m | 30m | 28m | 29m | 29m | 29m | 30m | 30m | 30m | 32m | 32m | 33m |
| Returned to shareholders | |||||||||||||||||
| Buybacks | — | — | — | — | 0 | 0 | 0 | 16 | 0 | 0 | — | — | — | — | — | — | — |
| Total returned | — | — | — | — | 0 | 0 | 0 | 16 | 0 | 0 | — | — | — | — | — | — | — |
| Quarter | 2024 Q4 Dec 2024 | 2025 Q1 Mar 2025 | 2025 Q2 Jun 2025 | 2025 Q3 Sept 2025 | 2025 Q4 Dec 2025 | 2026 Q1 Mar 2026 | 2026 Q2 Jun 2026 | 2026 Q3 Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 173 | 162 | 185 | 196 | 181 | 169 | 193 | 205 |
| Gross profit | 46 | 41 | 54 | 58 | 51 | 45 | 56 | 62 |
| EBITDA | 19 | 7 | 10 | 23 | 21 | 13 | 15 | 18 |
| Operating income | 10 | −1 | 8 | 20 | 13 | 5 | 13 | 15 |
| Net income | 5 | −3 | 3 | 13 | 4 | 2 | 8 | 7 |
| Diluted EPS | $0.16 | −$0.10 | $0.10 | $0.41 | $0.12 | $0.07 | $0.23 | $0.21 |
| Growth (year on year) | ||||||||
| Revenue | −5.1% | −12.4% | −2.3% | +7.0% | +5.1% | +4.6% | +4.2% | +4.6% |
| EBITDA | +100.8% | −51.6% | −48.6% | +13.2% | +10.0% | +87.6% | +48.8% | −21.7% |
| Operating income | — | −118.2% | −29.5% | +71.9% | +22.2% | — | +53.6% | −26.2% |
| Net income | — | — | −52.6% | +104.8% | −24.9% | — | — | −47.0% |
| Diluted EPS | — | — | −50.0% | +105.0% | −25.0% | — | — | −48.8% |
| Margins | ||||||||
| Gross margin | 26.5% | 25.3% | 29.1% | 29.8% | 28.4% | 26.5% | 29.2% | 30.3% |
| EBITDA margin | 10.9% | 4.2% | 5.6% | 11.5% | 11.4% | 7.5% | 8.0% | 8.6% |
| Operating margin | 6.1% | −0.6% | 4.5% | 10.4% | 7.0% | 2.8% | 6.7% | 7.4% |
| Net margin | 3.0% | −2.0% | 1.6% | 6.7% | 2.1% | 1.4% | 3.9% | 3.4% |
| Free-cash-flow margin | 12.8% | 0.7% | −7.9% | −2.1% | 14.3% | −1.9% | 5.3% | 0.3% |
| Cash flow | ||||||||
| Cash from operations | 26 | 6 | −9 | 4 | 32 | 3 | 15 | 12 |
| Capital spending | 4 | 5 | 5 | 9 | 6 | 6 | 5 | 11 |
| Free cash flow | 22 | 1 | −15 | −4 | 26 | −3 | 10 | 1 |
| Stock-based pay | 1 | 2 | 2 | 1 | 2 | 1 | 3 | 2 |
| Free cash flow after stock pay | 21 | −1 | −17 | −6 | 24 | −4 | 8 | −1 |
| Last 12 months unless stated | MG | WLDN | ONT | CRAI | RMR | EXPO | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $748m | $742m | $773m | $795m | $639m | $632m | $632m |
| Revenue growth, last 12 months | 4.6% | 18.1% | −0.9% | 11.5% | −15.2% | 12.8% | 4.8% |
| Revenue growth, 3-year average | 2.7% | 17.6% | 11.3% | 9.3% | −13.3% | 5.7% | 6.8% |
| Revenue growth, latest quarter | 4.6% | 33.2% | −20.4% | 12.8% | −0.8% | 20.9% | 4.4% |
| Gross margin | 28.7% | 37.8% | 40.4% | — | — | — | 43.9% |
| Operating margin | 6.1% | 7.1% | 1.0% | 10.0% | 6.4% | 20.2% | 6.1% |
| Operating margin, 3-year average | 5.2% | 6.0% | −1.8% | 10.3% | 5.8% | 20.9% | 6.0% |
| Net margin | 2.8% | 8.8% | −1.4% | 6.2% | 3.1% | 17.7% | 3.1% |
| Cash from operations / revenue | 8.2% | 9.6% | 9.6% | −2.7% | 15.4% | 18.7% | 9.6% |
| Free-cash-flow margin | 4.5% | 8.4% | 6.7% | −3.5% | 14.5% | 17.2% | 7.4% |
| Free-cash-flow margin, 3-year average | 2.6% | 8.6% | 4.1% | 2.9% | 9.2% | 21.8% | 8.6% |
| Stock pay / revenue | 1.0% | 2.0% | 4.8% | 0.9% | 2.6% | 3.0% | 2.5% |
| Change in share count | 4.3% | 4.9% | 18.8% | −4.0% | −11.7% | −2.7% | 0.5% |
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | 4.6% | 4.8% | 18 of 33 |
| Change in growth rate Growth | -0.6pp | +0.6pp | 21 of 33 |
| Gross margin Profitability | 28.7% | 45.2% | 21 of 25 |
| Operating margin Profitability | 6.1% | 6.1% | 16 of 31 |
| Net margin Profitability | 2.8% | 3.1% | 18 of 33 |
| Free-cash-flow margin Cash generation | 4.5% | 7.4% | 23 of 33 |
| Stock pay as % of revenue Cash generation | 1.0% | 2.6% | 4 of 30 |
| Long-term debt as % of assets Balance sheet | 26.9% | 22.7% | 13 of 21 |
| Change in share count Balance sheet | 4.3% | 0.6% | 20 of 30 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
| Line of business | Revenue | YoY |
|---|---|---|
| North America | $584M | ▼ 1.6% |
| International | $144M | ▲ 5.8% |
| Products and Systems | $14M | ▲ 2.3% |
These categories overlap or exclude eliminations, so shares aren't shown.
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Oil Gas | $397M | 54.8% | ▼ 5.3% |
| Aerospace and Defense | $93.8M | 13.0% | ▲ 7.8% |
| Industrials | $80.7M | 11.1% | ▲ 12.6% |
| Power Generation and Transmission | $44.2M | 6.1% | ▲ 21.1% |
| Other Process Industries | $40.1M | 5.5% | ▼ 19.6% |
| Infrastructure Research and Engineering | $37.5M | 5.2% | ▲ 13.2% |
| Other Products and Services | $17.7M | 2.4% | ▲ 4.7% |
| Petrochemical | $13.1M | 1.8% | ▼ 15.6% |
| Region | Revenue | Share | YoY |
|---|---|---|---|
| United States | $509M | 70.4% | ▲ 0.5% |
| Europe | $134M | 18.5% | ▲ 10.4% |
| Other Americas | $70.9M | 9.8% | ▼ 21.2% |
| Asia Pacific | $10M | 1.4% | ▼ 13.0% |
From Mistras Group, Inc.'s 10-K filed March 11, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Mill Road Capital Management LLC | $33.7M | 1.9M | 9.8% | ▲ 3.2% |
| Dimensional Fund Advisors LP | $29.7M | 1.7M | 8.6% | ▼ 0.2% |
| Royce & Associates LP | $27.6M | 1.6M | 8.0% | ▲ 3.1% |
| Weber Capital Management LLC | $25.3M | 1.4M | 7.3% | ▼ 0.6% |
| Blackrock, Inc. | $20.4M | 1.2M | 5.9% | ▲ 35.7% |
| Ies Holdings, Inc. | $19.6M | 1.1M | 5.7% | ▲ 0.3% |
| First Eagle Investment Management, LLC | $19.4M | 1.1M | 5.6% | ▲ 293.5% |
| Vanguard Capital Management LLC | $18.4M | 1.1M | 5.3% | ▲ 13.2% |
| Federated Hermes, Inc. | $11.5M | 656K | 3.3% | 0.0% |
| Geode Capital Management, LLC | $8.9M | 510K | 2.6% | ▲ 44.3% |
| Deutsche Bank Ag\ | $6.8M | 389K | 2.0% | ▲ 2.6% |
| State Street Corp | $6.7M | 386K | 2.0% | ▲ 23.6% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Mistras Group, Inc.'s complete shareholder register. Values are as reported by the filers .
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Foglia Stephanie Athena 10% owner | April 17, 2026 | Sell | 1,000 | $18.00 | $18,000 |
| Foglia Stephanie Athena 10% owner | March 3, 2026 | Sell | 1,000 | $15.50 | $15,500 |
| Foglia Stephanie Athena 10% owner | February 3, 2026 | Sell | 1,000 | $14.60 | $14,600 |
| Foglia Stephanie Athena 10% owner | January 5, 2026 | Sell | 1,000 | $13.60 | $13,600 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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