Financial Snapshot

Revenue
$673.1M
TTM
Gross Margin
39.3%
TTM
Net Earnings
-$39.63M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
192.56%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$542.1M
Q3 2024
Cash
Q3 2024
P/E
-15.82
Nov 29, 2024 EST
Free Cash Flow
-$20.21M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $624.2M $544.4M $546.4M $328.2M $233.9M $188.8M
YoY Change 14.66% -0.37% 66.47% 40.36% 23.86%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $624.2M $544.4M $546.4M $328.2M $233.9M $188.8M
Cost Of Revenue $383.9M $351.9M $369.0M $215.5M $164.0M $134.7M
Gross Profit $240.3M $192.5M $177.4M $112.8M $69.87M $54.07M
Gross Profit Margin 38.5% 35.37% 32.46% 34.35% 29.88% 28.64%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $222.9M $176.3M $115.6M $78.64M $49.11M $40.95M
YoY Change 26.41% 52.56% 46.95% 60.13% 19.92%
% of Gross Profit 92.74% 91.57% 65.15% 69.74% 70.29% 75.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.30M $7.200M $6.400M $8.400M $7.700M $7.600M
YoY Change 43.06% 12.5% -23.81% 9.09% 1.32%
% of Gross Profit 4.29% 3.74% 3.61% 7.45% 11.02% 14.06%
Operating Expenses $222.9M $176.3M $160.4M $78.64M $49.11M $40.95M
YoY Change 26.41% 9.93% 103.93% 60.13% 19.92%
Operating Profit -$28.42M -$28.01M $17.02M $34.11M -$8.945M -$10.64M
YoY Change 1.45% -264.62% -50.12% -481.36% -15.92%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$7.793M -$5.239M -$7.515M -$12.40M -$6.800M -$11.10M
YoY Change 48.75% -30.29% -39.4% 82.35% -38.74%
% of Operating Profit -44.16% -36.35%
Other Income/Expense, Net -$3.419M -$1.556M -$2.546M -$20.30M -$11.00M $265.0K
YoY Change 119.73% -38.88% -87.46% 84.55% -4250.94%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$31.84M -$29.57M -$23.62M -$57.10M -$26.68M -$21.46M
YoY Change 7.68% 25.21% -58.64% 114.03% 24.32%
Income Tax -$980.0K $2.250M $1.709M $851.0K -$3.121M -$5.000M
% Of Pretax Income
Net Earnings -$30.86M -$31.82M -$25.33M -$57.95M -$23.56M -$16.49M
YoY Change -3.02% 25.64% -56.3% 145.99% 42.85%
Net Earnings / Revenue -4.94% -5.84% -4.63% -17.65% -10.07% -8.73%
Basic Earnings Per Share -$1.57 -$1.62 -$1.56 -$6.48
Diluted Earnings Per Share -$1.57 -$1.62 -$947.7K -$3.509M -$1.163M -$812.8K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $23.24M $89.83M $146.3M $34.40M $6.400M $2.500M
YoY Change -74.13% -38.58% 325.16% 437.5% 156.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $9.849M $6.660M $6.005M $4.700M $6.100M $2.600M
YoY Change 47.88% 10.91% 27.77% -22.95% 134.62%
Inventory $3.819M $3.632M $2.439M $2.500M
Prepaid Expenses
Receivables $164.0M $145.5M $137.3M $91.50M $59.50M $48.60M
Other Receivables $47.00K $2.265M $1.893M $1.200M $1.200M $300.0K
Total Short-Term Assets $200.9M $247.9M $293.9M $134.3M $73.20M $54.00M
YoY Change -18.96% -15.63% 118.81% 83.47% 35.56%
Property, Plant & Equipment $102.3M $71.92M $64.00M $34.40M $27.00M $20.80M
YoY Change 42.28% 12.38% 86.04% 27.41% 29.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.267M $6.088M $2.298M $4.500M $2.000M $500.0K
YoY Change 35.79% 164.93% -48.93% 125.0% 300.0%
Total Long-Term Assets $615.9M $544.0M $539.2M $468.4M $258.6M $180.4M
YoY Change 13.21% 0.88% 15.12% 81.13% 43.35%
Total Assets $816.8M $791.9M $833.1M $602.7M $331.8M $234.4M
YoY Change
Accounts Payable $31.05M $25.35M $24.17M $15.50M $15.00M $8.700M
YoY Change 22.48% 4.91% 55.92% 3.33% 72.41%
Accrued Expenses $60.68M $43.18M $47.77M $32.70M $21.80M $12.60M
YoY Change 40.54% -9.61% 46.07% 50.0% 73.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $18.15M $15.81M $14.45M $5.600M $7.100M $2.300M
YoY Change 14.84% 9.38% 158.04% -21.13% 208.7%
Total Short-Term Liabilities $126.3M $111.4M $147.7M $111.5M $73.30M $42.40M
YoY Change 13.32% -24.55% 32.46% 52.11% 72.88%
Long-Term Debt $157.2M $159.0M $167.6M $170.3M $145.0M $71.00M
YoY Change -1.14% -5.13% -1.6% 17.45% 104.23%
Other Long-Term Liabilities $53.08M $49.63M $44.39M $28.00M $7.500M $100.0K
YoY Change 6.94% 11.82% 58.54% 273.33% 7400.0%
Total Long-Term Liabilities $210.3M $208.6M $212.0M $198.3M $152.5M $71.10M
YoY Change 0.79% -1.58% 6.89% 30.03% 114.49%
Total Liabilities $342.6M $325.8M $363.7M $312.7M $229.3M $118.3M
YoY Change 5.16% -10.41% 16.3% 36.37% 93.83%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 30.06M 29.69M 26.72M 16.48M
Diluted Shares Outstanding 30.06M 29.69M 26.72M 16.48M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $627.02 Million

About Montrose Environmental Group, Inc.

Montrose Environmental Group, Inc. is an environmental services company, which engages in the provision of air measurement and environmental laboratory services. The company is headquartered in Irvine, California and currently employs 3,480 full-time employees. The company went IPO on 2020-07-23. Its Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response, and environmental audits and permits for operations, facility upgrades, new projects, decommissioning projects and development projects. Its Measurement and Analysis segment includes source and ambient air testing and monitoring, leak detection and repair and advanced analytical laboratory services, such as air, storm water, wastewater and drinking water analysis. Its Remediation and Reuse segment provides clients with engineering, design, and implementation services to treat contaminated water. This segment offers regulatory services. The company also specializes in soils, vegetation and wetlands development and reclamation. The firm also offers air permitting and compliance services.

Industry: Services-Management Consulting Services Peers: ABM INDUSTRIES INC /DE/ SP Plus Corp Aris Water Solutions, Inc. BrightView Holdings, Inc. CASELLA WASTE SYSTEMS INC CLEAN HARBORS INC Heritage-Crystal Clean, Inc. STERICYCLE INC WASTE MANAGEMENT INC