Montrose Environmental Group, Inc. financial data

Symbol
MEG on NYSE
Industry
Services-Management Consulting Services
Location
4 Park Plaza, Suite 790, Irvine, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 174 % -7.57%
Debt-to-equity 111 % +0.89%
Return On Equity -9.21 % +28.4%
Return On Assets -3.86 % +22.5%
Operating Margin -3.39 % +27.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.3M shares +13.6%
Common Stock, Shares, Outstanding 34.3M shares +13.7%
Entity Public Float 1.3B USD +30%
Weighted Average Number of Shares Outstanding, Basic 34.2M shares +13.6%
Weighted Average Number of Shares Outstanding, Diluted 34.2M shares +13.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 673M USD +12.6%
Cost of Revenue 408M USD +9.48%
Operating Income (Loss) -22.8M USD +18%
Nonoperating Income (Expense) -12.1M USD -30.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -34.9M USD +5.82%
Income Tax Expense (Benefit) 658K USD -79.4%
Net Income (Loss) Attributable to Parent -35.5M USD +11.7%
Earnings Per Share, Basic -1.48 USD/shares +22.1%
Earnings Per Share, Diluted -1.48 USD/shares +22.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 13M USD -43.7%
Cash, Cash Equivalents, and Short-term Investments 89.8M USD -38.8%
Accounts Receivable, after Allowance for Credit Loss, Current 153M USD +30.2%
Assets, Current 247M USD +15.9%
Property, Plant and Equipment, Net 66.1M USD +14%
Operating Lease, Right-of-Use Asset 40.9M USD +14.3%
Goodwill 483M USD +35.4%
Other Assets, Noncurrent 8.44M USD -2.76%
Assets 1.01B USD +20.4%
Accounts Payable, Current 26.7M USD -25.7%
Accrued Liabilities, Current 14.9M USD -11.4%
Contract with Customer, Liability, Current 12M USD -3.31%
Liabilities, Current 128M USD -4.89%
Long-term Debt and Lease Obligation 233M USD +52.7%
Deferred Income Tax Liabilities, Net 8.27M USD -17.5%
Operating Lease, Liability, Noncurrent 31.5M USD +0.68%
Other Liabilities, Noncurrent 6.36M USD +6884%
Liabilities 465M USD +26.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -293K USD +1.01%
Retained Earnings (Accumulated Deficit) -244M USD -17%
Stockholders' Equity Attributable to Parent 449M USD +42.6%
Liabilities and Equity 1.01B USD +20.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -22M USD -827%
Net Cash Provided by (Used in) Financing Activities 73.3M USD
Net Cash Provided by (Used in) Investing Activities -65M USD -455%
Common Stock, Shares Authorized 190M shares 0%
Common Stock, Shares, Issued 34.3M shares +13.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Interest Paid, Excluding Capitalized Interest, Operating Activities 3.1M USD +130%
Deferred Tax Assets, Valuation Allowance 24M USD -21.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 58.6M USD +20.4%
Operating Lease, Liability 43.2M USD +1.69%
Depreciation 12.7M USD +36.6%
Payments to Acquire Property, Plant, and Equipment 5.98M USD +44.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -35.5M USD +12.4%
Lessee, Operating Lease, Liability, to be Paid 48.4M USD +0.84%
Property, Plant and Equipment, Gross 115M USD +5.96%
Operating Lease, Liability, Current 11.7M USD +4.52%
Lessee, Operating Lease, Liability, to be Paid, Year Two 10.6M USD +12.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 12.9M USD +3.57%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -414K USD -130%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.17M USD -5.81%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.68M USD +6.19%
Deferred Tax Assets, Operating Loss Carryforwards 14.2M USD -9.21%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 6.05M USD +20.3%
Operating Lease, Payments 3.16M USD +23.5%
Additional Paid in Capital 694M USD +32.4%
Amortization of Intangible Assets 31M USD -0.32%
Share-based Payment Arrangement, Expense 46.5M USD 0%