What is Montrose Environmental Group, Inc.'s earnings per share (EPS)?

Montrose Environmental Group, Inc. (MEG) reported diluted earnings per share of $-0.14 for fiscal year 2025. This represents a 93.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Montrose Environmental Group, Inc. Financials

MEG

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Montrose Environmental Group, Inc. (MEG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MEG FY2025 2026-05-07

FY2025 shows fixed-cost absorption finally working, with higher volume lifting operating profit while cash conversion outran reported earnings.

The striking change is that gross margin was almost unchanged year over year at 40.3%, yet operating margin turned positive at 1.4%; that pattern points to fixed-cost absorption rather than a fundamental change in gross economics. Cash conversion quality ran ahead of GAAP profit, with operating cash flow of $107.5M and free cash flow of $91.2M even as net income stayed slightly negative, helped by receivables falling despite higher sales.

Liquidity is tighter than the free-cash-flow headline suggests: year-end cash was only $11.2M while long-term debt reached $277.1M. That means the business generated cash but did not retain much of it on the balance sheet, so funding flexibility depends more on continued cash generation than on a large cash reserve.

The asset base is acquisition-heavy, with goodwill at $466.8M against total assets of $981.3M. Because so much of the balance sheet sits in acquired intangibles, book value alone says less about operating strength than the cash-flow rebound and the swing to positive operating income.

Financial Health Signals

Financial Profile 39/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Montrose Environmental Group, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Montrose Environmental Group, Inc. has an operating margin of 1.4%, meaning the company retains $1 of operating profit per $100 of revenue. This below-average margin results in a low score of 18/100, suggesting thin profitability after operating expenses. This is up from -5.3% the prior year.

Growth

Montrose Environmental Group, Inc.'s revenue surged 19.3% year-over-year to $830.5M, reflecting rapid business expansion. This strong growth earns a score of 59/100.

Leverage

Montrose Environmental Group, Inc. carries a low D/E ratio of 0.61, meaning only $0.61 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Montrose Environmental Group, Inc.'s current ratio of 1.43 is below the typical benchmark, resulting in a score of 24/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Montrose Environmental Group, Inc. has a free cash flow margin of 11.0%, earning a moderate score of 41/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Montrose Environmental Group, Inc. generates a -0.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -14.0% the prior year.

Altman Z-Score Distress

1.49

Montrose Environmental Group, Inc. scores 1.49, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($800.8M) relative to total liabilities ($530.1M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral

5/9

Montrose Environmental Group, Inc. passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed

-127.49x

For every $1 of reported earnings, Montrose Environmental Group, Inc. generates $-127.49 in operating cash flow ($107.5M OCF vs -$843K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

0.6x

Montrose Environmental Group, Inc. earns $0.6 in operating income for every $1 of interest expense ($11.7M vs $19.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$830.5M

YoY+19.3%

5Y CAGR+20.4%

Montrose Environmental Group, Inc. generated $830.5M in revenue in fiscal year 2025. This represents an increase of 19.3% from the prior year.

EBITDA

$62.6M

YoY+290.5%

5Y CAGR+34.4%

Montrose Environmental Group, Inc.'s EBITDA was $62.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 290.5% from the prior year.

Net Income

-$843K

YoY+98.6%

Montrose Environmental Group, Inc. reported -$843K in net income in fiscal year 2025. This represents an increase of 98.6% from the prior year.

EPS (Diluted)

$-0.14

YoY+93.7%

Montrose Environmental Group, Inc. earned $-0.14 per diluted share (EPS) in fiscal year 2025. This represents an increase of 93.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$91.2M

YoY+10006.3%

Montrose Environmental Group, Inc. generated $91.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 10006.3% from the prior year.

Cash & Debt

$11.2M

YoY-13.2%

5Y CAGR-20.1%

Montrose Environmental Group, Inc. held $11.2M in cash against $277.1M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

36M

YoY+4.7%

5Y CAGR+7.6%

Montrose Environmental Group, Inc. had 36M shares outstanding in fiscal year 2025. This represents an increase of 4.7% from the prior year.

Margins & Returns

Gross Margin

40.3%

YoY+0.3pp

5Y CAGR+5.9pp

Montrose Environmental Group, Inc.'s gross margin was 40.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the prior year.

Operating Margin

1.4%

YoY+6.7pp

5Y CAGR+8.4pp

Montrose Environmental Group, Inc.'s operating margin was 1.4% in fiscal year 2025, reflecting core business profitability. This is up 6.7 percentage points from the prior year.

Net Margin

-0.1%

YoY+8.8pp

5Y CAGR+17.5pp

Montrose Environmental Group, Inc.'s net profit margin was -0.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 8.8 percentage points from the prior year.

Return on Equity

-0.2%

YoY+13.8pp

5Y CAGR+42.1pp

Montrose Environmental Group, Inc.'s ROE was -0.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 13.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$16.3M

YoY-23.5%

5Y CAGR+16.0%

Montrose Environmental Group, Inc. invested $16.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 23.5% from the prior year.

MEG Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$830.5M+19.3%	$696.4M+11.6%	$624.2M+14.7%	$544.4M-0.4%	$546.4M+66.5%	$328.2M
Cost of Revenue	$496.2M+18.7%	$418.2M+8.9%	$383.9M+9.1%	$351.9M-4.6%	$369.0M+71.2%	$215.5M
Gross Profit	$334.3M+20.2%	$278.2M+15.8%	$240.3M+24.8%	$192.5M+8.5%	$177.4M+57.3%	$112.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$270.8M+3.5%	$261.6M+17.4%	$222.9M+26.4%	$176.3M+49.8%	$117.7M+37.5%	$85.5M
Operating Income	$11.7M+131.9%	-$36.7M-29.2%	-$28.4M-1.5%	-$28.0M-196.3%	-$9.5M+58.9%	-$23.0M
Interest Expense	-$19.6M-23.4%	-$15.9M-103.5%	-$7.8M-48.7%	-$5.2M+54.9%	-$11.6M+15.9%	-$13.8M
Income Tax	$12.1M+50.9%	$8.0M+915.9%	-$980K-143.6%	$2.3M+31.7%	$1.7M+100.8%	$851K
Net Income	-$843K+98.6%	-$62.3M-101.9%	-$30.9M+3.0%	-$31.8M-25.6%	-$25.3M+56.3%	-$57.9M
EPS (Diluted)	$-0.14+93.7%	$-2.22-41.4%	$-1.57+3.1%	$-1.62-3.8%	$-1.56+75.9%	$-6.48

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$168.5M-12.8%	$193.3M-14.1%	$224.9M-4.1%	$234.5M+31.9%	$177.8M-5.9%	$189.1M+5.8%	$178.7M+3.1%	$173.3M
Cost of Revenue	$101.5M-14.5%	$118.7M-12.9%	$136.3M+2.6%	$132.8M+22.5%	$108.4M-3.2%	$112.0M+6.0%	$105.6M+1.5%	$104.1M
Gross Profit	$67.0M-10.1%	$74.6M-15.8%	$88.6M-12.9%	$101.7M+46.5%	$69.4M-10.0%	$77.1M+5.5%	$73.1M+5.6%	$69.2M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$61.3M-5.9%	$65.2M-0.8%	$65.7M-10.8%	$73.7M+11.2%	$66.2M-21.6%	$84.4M+38.7%	$60.9M+2.8%	$59.2M
Operating Income	-$6.1M-135.2%	-$2.6M-125.9%	$9.9M-33.5%	$14.9M+241.3%	-$10.6M+53.7%	-$22.8M-1867.6%	-$1.2M+56.2%	-$2.7M
Interest Expense	-$5.5M-16.4%	-$4.7M+6.8%	-$5.0M-5.7%	-$4.8M+5.9%	-$5.1M-14.0%	-$4.4M-7.4%	-$4.1M-4.0%	-$4.0M
Income Tax	$2.3M+149.2%	$924K-87.3%	$7.3M+636.9%	$988K-65.6%	$2.9M-18.3%	$3.5M+157.0%	$1.4M-47.8%	$2.6M
Net Income	-$12.7M-54.4%	-$8.2M-198.1%	$8.4M-54.4%	$18.4M+194.8%	-$19.4M+31.4%	-$28.2M-167.2%	-$10.6M-3.9%	-$10.2M
EPS (Diluted)	$-0.35	N/A	$0.21-50.0%	$0.42+165.6%	$-0.64	N/A	$-0.390.0%	$-0.39

MEG Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$981.3M-0.9%	$990.4M+21.2%	$816.8M+3.1%	$791.9M-4.9%	$833.1M+38.2%	$602.7M
Current Assets	$240.4M+1.0%	$238.0M+18.5%	$200.9M-19.0%	$247.9M-15.6%	$293.9M+118.9%	$134.3M
Cash & Equivalents	$11.2M-13.2%	$12.9M-44.3%	$23.2M-74.1%	$89.8M-38.6%	$146.3M+325.3%	$34.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$155.4M-2.2%	$158.9M+41.4%	$112.4M+18.6%	$94.7M-3.9%	$98.5M+82.1%	$54.1M
Goodwill	$466.8M-0.2%	$467.8M+28.4%	$364.4M+12.5%	$323.9M+3.8%	$311.9M+13.6%	$274.7M
Total Liabilities	$530.1M+17.5%	$451.2M+31.7%	$342.6M+5.2%	$325.8M-10.4%	$363.7M-21.9%	$465.6M
Current Liabilities	$168.0M+5.9%	$158.7M+25.6%	$126.3M+13.3%	$111.4M-24.5%	$147.7M+32.4%	$111.5M
Long-Term Debt	$277.1M+35.3%	$204.8M+37.5%	$149.0M-2.3%	$152.5M-5.8%	$161.8M-5.0%	$170.3M
Total Equity	$451.2M+1.1%	$446.3M+38.9%	$321.3M+2.6%	$313.2M-1.0%	$316.5M+130.8%	$137.1M
Retained Earnings	-$273.5M-0.3%	-$272.7M-29.6%	-$210.4M-17.2%	-$179.5M-21.5%	-$147.7M-20.7%	-$122.4M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$948.0M-3.4%	$981.3M-0.4%	$985.7M-1.2%	$998.1M+0.6%	$992.2M+0.2%	$990.4M-1.6%	$1.0B+6.7%	$943.9M
Current Assets	$216.6M-9.9%	$240.4M-6.1%	$256.0M-1.9%	$260.9M+4.6%	$249.4M+4.8%	$238.0M-3.6%	$246.9M+2.9%	$240.0M
Cash & Equivalents	$10.0M-10.5%	$11.2M+66.6%	$6.7M-35.7%	$10.5M-65.4%	$30.3M+134.1%	$12.9M-0.8%	$13.0M-22.8%	$16.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$117.6M-24.3%	$155.4M-6.0%	$165.3M+3.3%	$160.0M+14.5%	$139.7M-12.1%	$158.9M+3.9%	$152.8M+12.7%	$135.7M
Goodwill	$466.6M0.0%	$466.8M-0.5%	$469.0M0.0%	$469.0M+0.1%	$468.4M+0.1%	$467.8M-3.1%	$482.6M+10.8%	$435.5M
Total Liabilities	$507.9M-4.2%	$530.1M+0.6%	$527.0M+6.7%	$494.0M+8.6%	$455.1M+0.9%	$451.2M-2.9%	$464.8M+15.6%	$402.2M
Current Liabilities	$117.6M-30.0%	$168.0M+8.8%	$154.4M+5.2%	$146.8M+20.5%	$121.8M-23.2%	$158.7M+23.7%	$128.2M-2.6%	$131.7M
Long-Term Debt	$310.1M+11.9%	$277.1M-8.4%	$302.4M+14.3%	$264.6M+12.3%	$235.6M+15.0%	$204.8M-12.1%	$233.0M+23.4%	$188.7M
Total Equity	$440.1M-2.5%	$451.2M-1.6%	$458.7M-2.5%	$470.3M+5.9%	$444.1M-0.5%	$446.3M-0.7%	$449.2M+0.1%	$448.8M
Retained Earnings	-$286.2M-4.6%	-$273.5M-3.1%	-$265.3M+3.1%	-$273.7M+6.3%	-$292.0M-7.1%	-$272.7M-11.5%	-$244.4M-4.5%	-$233.9M

MEG Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$107.5M+383.4%	$22.2M-60.3%	$56.0M+171.3%	$20.6M-45.1%	$37.6M+1931.4%	$1.9M
Capital Expenditures	$16.3M-23.5%	$21.3M-27.9%	$29.6M+208.7%	$9.6M+39.2%	$6.9M-11.2%	$7.8M
Free Cash Flow	$91.2M+10006.3%	$902K-96.6%	$26.4M+139.0%	$11.1M-63.9%	$30.7M+619.7%	-$5.9M
Investing Cash Flow	-$15.8M+88.5%	-$138.0M-35.8%	-$101.6M-162.7%	-$38.7M+46.0%	-$71.6M+60.1%	-$179.7M
Financing Cash Flow	-$93.1M-187.8%	$106.0M+627.1%	-$20.1M+48.1%	-$38.8M-126.5%	$146.1M-29.0%	$205.9M
Dividends Paid	$4.2M-62.5%	$11.1M-32.5%	$16.4M0.0%	$16.4M0.0%	$16.4M+135.3%	$7.0M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$11.6M-122.4%	$51.9M+84.5%	$28.1M+28.6%	$21.9M+297.8%	$5.5M-82.8%	$32.0M+180.2%	$11.4M+1175.8%	$894K
Capital Expenditures	$5.7M+5.3%	$5.4M-7.5%	$5.8M+196.3%	$2.0M-37.8%	$3.2M+40.4%	$2.2M+94.0%	$1.2M-89.1%	$10.6M
Free Cash Flow	-$17.3M-137.2%	$46.5M+108.4%	$22.3M+12.1%	$19.9M+748.1%	$2.4M-92.1%	$29.7M+189.9%	$10.2M+205.1%	-$9.8M
Investing Cash Flow	-$5.5M-70.6%	-$3.2M+30.7%	-$4.7M-10.5%	-$4.2M-14.1%	-$3.7M-333.3%	-$855K+98.3%	-$49.3M-115.1%	-$22.9M
Financing Cash Flow	$15.9M+136.3%	-$43.9M-56.8%	-$28.0M+24.8%	-$37.2M-333.2%	$16.0M+152.2%	-$30.6M-190.6%	$33.8M+14.5%	$29.5M
Dividends Paid	$0	$0-100.0%	$1.4M	$0-100.0%	$2.8M0.0%	$2.8M0.0%	$2.8M0.0%	$2.8M
Share Buybacks	$10.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A

MEG Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	40.3%+0.3pp	40.0%+1.5pp	38.5%+3.1pp	35.4%+2.9pp	32.5%-1.9pp	34.4%
Operating Margin	1.4%+6.7pp	-5.3%-0.7pp	-4.5%+0.6pp	-5.1%-3.4pp	-1.7%+5.3pp	-7.0%
Net Margin	-0.1%+8.8pp	-8.9%-4.0pp	-4.9%+0.9pp	-5.8%-1.2pp	-4.6%+13.0pp	-17.6%
Return on Equity	-0.2%+13.8pp	-14.0%-4.3pp	-9.6%+0.5pp	-10.2%-2.2pp	-8.0%+34.3pp	-42.3%
Return on Assets	-0.1%+6.2pp	-6.3%-2.5pp	-3.8%+0.2pp	-4.0%-1.0pp	-3.0%+6.6pp	-9.6%
Current Ratio	1.43-0.1	1.50-0.1	1.59-0.6	2.22+0.2	1.99+0.8	1.20
Debt-to-Equity	0.61+0.2	0.460.0	0.46-0.0	0.49-0.0	0.51-0.7	1.24
FCF Margin	11.0%+10.8pp	0.1%-4.1pp	4.2%+2.2pp	2.0%-3.6pp	5.6%+7.4pp	-1.8%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	39.8%+1.2pp	38.6%-0.8pp	39.4%-4.0pp	43.4%+4.3pp	39.0%-1.7pp	40.8%-0.1pp	40.9%+0.9pp	40.0%
Operating Margin	-3.6%-2.3pp	-1.3%-5.8pp	4.4%-2.0pp	6.4%+12.3pp	-5.9%+6.1pp	-12.1%-11.4pp	-0.7%+0.9pp	-1.5%
Net Margin	-7.5%-3.3pp	-4.3%-8.0pp	3.7%-4.1pp	7.8%+18.7pp	-10.9%+4.0pp	-14.9%-9.0pp	-5.9%-0.0pp	-5.9%
Return on Equity	-2.9%-1.1pp	-1.8%-3.7pp	1.8%-2.1pp	3.9%+8.3pp	-4.4%+2.0pp	-6.3%-4.0pp	-2.4%-0.1pp	-2.3%
Return on Assets	-1.3%-0.5pp	-0.8%-1.7pp	0.9%-1.0pp	1.8%+3.8pp	-1.9%+0.9pp	-2.9%-1.8pp	-1.1%+0.0pp	-1.1%
Current Ratio	1.84+0.4	1.43-0.2	1.66-0.1	1.78-0.3	2.05+0.5	1.50-0.4	1.93+0.1	1.82
Debt-to-Equity	0.70+0.1	0.61-0.0	0.66+0.1	0.56+0.0	0.53+0.1	0.46-0.1	0.52+0.1	0.42
FCF Margin	-10.3%-34.3pp	24.1%+14.1pp	9.9%+1.4pp	8.5%+7.2pp	1.3%-14.4pp	15.7%+10.0pp	5.7%+11.4pp	-5.6%

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Frequently Asked Questions

What is Montrose Environmental Group, Inc.'s annual revenue?

Montrose Environmental Group, Inc. (MEG) reported $830.5M in total revenue for fiscal year 2025. This represents a 19.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Montrose Environmental Group, Inc.'s revenue growing?

Montrose Environmental Group, Inc. (MEG) revenue grew by 19.3% year-over-year, from $696.4M to $830.5M in fiscal year 2025.

Is Montrose Environmental Group, Inc. profitable?

No, Montrose Environmental Group, Inc. (MEG) reported a net income of -$843K in fiscal year 2025, with a net profit margin of -0.1%.

What is Montrose Environmental Group, Inc.'s EBITDA?

Montrose Environmental Group, Inc. (MEG) had EBITDA of $62.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Montrose Environmental Group, Inc. have?

As of fiscal year 2025, Montrose Environmental Group, Inc. (MEG) had $11.2M in cash and equivalents against $277.1M in long-term debt.

What is Montrose Environmental Group, Inc.'s gross margin?

Montrose Environmental Group, Inc. (MEG) had a gross margin of 40.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Montrose Environmental Group, Inc.'s operating margin?

Montrose Environmental Group, Inc. (MEG) had an operating margin of 1.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Montrose Environmental Group, Inc.'s net profit margin?

Montrose Environmental Group, Inc. (MEG) had a net profit margin of -0.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Montrose Environmental Group, Inc.'s return on equity (ROE)?

Montrose Environmental Group, Inc. (MEG) has a return on equity of -0.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Montrose Environmental Group, Inc.'s free cash flow?

Montrose Environmental Group, Inc. (MEG) generated $91.2M in free cash flow during fiscal year 2025. This represents a 10006.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Montrose Environmental Group, Inc.'s operating cash flow?

Montrose Environmental Group, Inc. (MEG) generated $107.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Montrose Environmental Group, Inc.'s total assets?

Montrose Environmental Group, Inc. (MEG) had $981.3M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Montrose Environmental Group, Inc.'s capital expenditures?

Montrose Environmental Group, Inc. (MEG) invested $16.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Montrose Environmental Group, Inc. have outstanding?

Montrose Environmental Group, Inc. (MEG) had 36M shares outstanding as of fiscal year 2025.

What is Montrose Environmental Group, Inc.'s current ratio?

Montrose Environmental Group, Inc. (MEG) had a current ratio of 1.43 as of fiscal year 2025, which is considered adequate.

What is Montrose Environmental Group, Inc.'s debt-to-equity ratio?

Montrose Environmental Group, Inc. (MEG) had a debt-to-equity ratio of 0.61 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Montrose Environmental Group, Inc.'s return on assets (ROA)?

Montrose Environmental Group, Inc. (MEG) had a return on assets of -0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Montrose Environmental Group, Inc.'s Altman Z-Score?

Montrose Environmental Group, Inc. (MEG) has an Altman Z-Score of 1.49, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Montrose Environmental Group, Inc.'s Piotroski F-Score?

Montrose Environmental Group, Inc. (MEG) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Montrose Environmental Group, Inc.'s earnings high quality?

Montrose Environmental Group, Inc. (MEG) has an earnings quality ratio of -127.49x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Montrose Environmental Group, Inc. cover its interest payments?

Montrose Environmental Group, Inc. (MEG) has an interest coverage ratio of 0.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Montrose Environmental Group, Inc.?

Montrose Environmental Group, Inc. (MEG) scores 39 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.