See more : Pasithea Therapeutics Corp. (KTTA) Income Statement Analysis – Financial Results
Complete financial analysis of Montrose Environmental Group, Inc. (MEG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Montrose Environmental Group, Inc., a leading company in the Waste Management industry within the Industrials sector.
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Montrose Environmental Group, Inc. (MEG)
About Montrose Environmental Group, Inc.
Montrose Environmental Group, Inc. operates as an environmental services company in the United States. The company operates in three segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. The Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits for current operations, facility upgrades, new projects, decommissioning projects, and development projects. Its technical advisory and consulting services include regulatory compliance support and planning, environmental, and ecosystem and toxicological assessments and support during responses to environmental disruptions. The Measurement and Analysis segment tests and analyzes air, water, and soil to determine concentrations of contaminants, as well as the toxicological impact of contaminants on flora, fauna, and human health. Its services include source and ambient air testing and monitoring, leak detection, and advanced analytical laboratory services, such as air, storm water, wastewater, and drinking water analysis. The Remediation and Reuse segment provides engineering, design, implementation, and operations and maintenance services primarily to treat contaminated water, remove contaminants from soil, or create biogas from waste. It serves technology, media, chemical, energy, power and utility, industrial and manufacturing, financial, and engineering industries, as well as local, state, provincial, and federal government entities. The company was founded in 2012 and is headquartered in North Little Rock, Arkansas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 624.21M | 544.42M | 546.41M | 328.24M | 233.85M | 188.81M |
| Cost of Revenue | 383.90M | 351.88M | 369.03M | 215.49M | 163.98M | 134.73M |
| Gross Profit | 240.31M | 192.53M | 177.39M | 112.75M | 69.87M | 54.07M |
| Gross Profit Ratio | 38.50% | 35.37% | 32.46% | 34.35% | 29.88% | 28.64% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 176.30M | 117.66M | 85.55M | 50.66M | 40.95M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 222.86M | 176.30M | 117.66M | 85.55M | 50.66M | 40.95M |
| Other Expenses | 45.86M | 47.48M | 44.81M | 37.27M | 28.15M | 265.00K |
| Operating Expenses | 268.73M | 223.77M | 162.47M | 122.82M | 78.82M | 64.87M |
| Cost & Expenses | 652.63M | 575.66M | 531.50M | 338.31M | 242.80M | 199.60M |
| Interest Income | 0.00 | 761.00K | 11.62M | 13.82M | 6.76M | 0.00 |
| Interest Expense | 7.79M | 5.24M | 11.62M | 13.82M | 6.76M | 11.09M |
| Depreciation & Amortization | 55.97M | 56.77M | 52.96M | 37.27M | 27.71M | 23.92M |
| EBITDA | 31.93M | 32.44M | 36.91M | -7.41M | 7.78M | 13.54M |
| EBITDA Ratio | 5.11% | 5.37% | 11.96% | 2.11% | 3.33% | 7.09% |
| Operating Income | -28.42M | -27.56M | 12.37M | -30.34M | -19.92M | -10.64M |
| Operating Income Ratio | -4.55% | -5.06% | 2.26% | -9.24% | -8.52% | -5.63% |
| Total Other Income/Expenses | -3.42M | -1.56M | -14.16M | -34.09M | -17.73M | -10.82M |
| Income Before Tax | -31.84M | -29.57M | -23.62M | -57.10M | -26.68M | -21.46M |
| Income Before Tax Ratio | -5.10% | -5.43% | -4.32% | -17.40% | -11.41% | -11.37% |
| Income Tax Expense | -980.00K | 2.25M | 1.71M | 851.00K | -3.12M | -4.97M |
| Net Income | -30.86M | -31.82M | -25.33M | -57.95M | -23.56M | -16.49M |
| Net Income Ratio | -4.94% | -5.84% | -4.63% | -17.65% | -10.07% | -8.73% |
| EPS | -1.57 | -1.07 | -0.95 | -2.32 | -0.94 | -0.79 |
| EPS Diluted | -1.57 | -1.07 | -0.95 | -2.32 | -0.94 | -0.79 |
| Weighted Avg Shares Out | 30.06M | 29.69M | 26.72M | 24.93M | 24.96M | 20.91M |
| Weighted Avg Shares Out (Dil) | 30.06M | 29.69M | 26.72M | 24.93M | 24.96M | 20.91M |
Montrose Environmental Group Pioneers First-Ever LDAR Alternative Work Practice in a United States Refinery
Montrose Environmental Group Acquires Spirit Environmental, Expanding Air Consulting Capabilities Across the Central United States
Montrose Environmental Group Releases 2023 Sustainability Report Executive Summary
Montrose Environmental Group Releases 2023 Sustainability Report
Montrose Environmental Group Acquires Canadian Environmental Consultancy Specializing in Soils, Vegetation and Wetlands Development and Reclamation in Western Canada
Montrose Environmental Group to Attend Upcoming Investor Conferences
Montrose Environmental Group Leadership, 3M Chief Technology Officer Discuss Successful Advancements for Removal of “Forever Chemicals” from Water
Montrose Environmental Group to Present With 3M at the Bank of America Securities 31st Annual Transportation, Airlines, and Industrials Conference
Montrose Environmental Group, Inc. (MEG) Q1 2024 Earnings Call Transcript
Montrose Environmental (MEG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Source: https://incomestatements.info
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