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Mirion Technologies, Inc. key statistics and ratios

In fiscal 2025, Mirion Technologies, Inc. had return on equity of 1.7%, an operating margin of 5.6%, debt equal to 40.5% of equity and a current ratio of 2.83. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Mirion Technologies, Inc.: financial ratios, annual
Fiscal year2019Jun 20192020Jun 20202021Jun 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Gross margin42.8%41.2%41.2%43.2%44.5%46.4%47.4%48.1%
Operating margin6.5%4.8%1.8%−41.5%−2.7%2.9%5.6%6.0%
Net margin−27.7%−24.9%−25.9%−38.6%−12.1%−4.2%3.1%2.7%
Free-cash-flow margin−0.4%4.1%5.0%0.7%7.3%5.8%11.6%15.6%
Return on equity———−99.5%−6.7%−2.4%1.7%1.6%
Return on assets—−9.6%−11.3%−12.9%−3.6%−1.3%0.9%0.8%
Asset turnover—0.380.440.340.290.320.300.30
Current ratio—2.122.311.972.032.262.833.02
Debt to equity———59.0%47.0%46.3%40.5%42.4%
Interest cover (operating income ÷ interest)————n/m0.4x1.2x—
Effective tax rate——————8.9%24.4%
R&D as % of revenue3.2%3.3%4.8%4.2%4.0%4.1%4.2%3.7%
SG&A as % of revenue33.0%33.1%34.5%50.5%42.5%39.6%37.6%38.4%
Capital spending as % of revenue3.7%4.2%3.8%4.8%4.6%5.7%3.9%3.9%
Free cash flow ÷ net income——————371.2%579.3%
Dividends and buybacks ÷ free cash flow——0.0%0.0%0.0%0.0%46.4%57.6%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

4 of 6 checks passed · September 30, 2026
What it owns · $3.5bn
Short-term assets $905mLonger-term assets $2.6bn
What it owes, and who funded it · $3.5bn
Short-term liabilities $300mLonger-term liabilities $1.4bnShareholders' equity $1.8bn
  • Short-term assets cover short-term liabilities $905m of assets due within a year against $300m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $905m short-term assets against $1.4bn of longer-dated liabilities.
  • More cash than debt $409m of cash against $444m of debt.
  • Debt below 40% of shareholders' equity Debt is 25% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 48% to 25% over five years.
  • A year's operating cash flow covers at least 20% of debt $210m of operating cash flow against $444m of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Mirion Technologies, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

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Figures from Mirion Technologies, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Mirion Technologies, Inc.