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
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 166 % -20.9%
Debt-to-equity 115 % +8.21%
Return On Equity -9.22 % +24.9%
Return On Assets -3.7 % +23.2%
Operating Margin -3.78 % +30.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.2M shares +13.5%
Common Stock, Shares, Outstanding 34.2M shares +13.5%
Entity Public Float 1.3B USD +30%
Weighted Average Number of Shares Outstanding, Basic 33.3M shares +10.9%
Weighted Average Number of Shares Outstanding, Diluted 33.3M shares +10.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 662M USD +18.2%
Cost of Revenue 405M USD +14.7%
Operating Income (Loss) -25.1M USD +18.3%
Nonoperating Income (Expense) -6.81M USD -12.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -31.9M USD +13.3%
Income Tax Expense (Benefit) 614K USD -63.2%
Net Income (Loss) Attributable to Parent -32.5M USD +15.4%
Earnings Per Share, Basic -1.48 USD/shares +19.6%
Earnings Per Share, Diluted -1.48 USD/shares +19.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 16.9M USD -27.5%
Cash, Cash Equivalents, and Short-term Investments 89.8M USD -38.8%
Accounts Receivable, after Allowance for Credit Loss, Current 136M USD +30.8%
Assets, Current 240M USD +19.6%
Property, Plant and Equipment, Net 63.6M USD +11.4%
Operating Lease, Right-of-Use Asset 38.9M USD -11.7%
Goodwill 435M USD +18.2%
Other Assets, Noncurrent 8.19M USD +26.2%
Assets 944M USD +14.3%
Accounts Payable, Current 24.3M USD -12.7%
Accrued Liabilities, Current 14M USD -38.1%
Contract with Customer, Liability, Current 13.3M USD +17.2%
Liabilities, Current 132M USD +5.72%
Long-term Debt and Lease Obligation 189M USD +21%
Deferred Income Tax Liabilities, Net 8.24M USD +10.6%
Operating Lease, Liability, Noncurrent 30M USD -13.7%
Other Liabilities, Noncurrent 6.12M USD +4998%
Liabilities 402M USD +11.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -223K USD -128%
Retained Earnings (Accumulated Deficit) -234M USD -16.1%
Stockholders' Equity Attributable to Parent 449M USD +43.4%
Liabilities and Equity 944M USD +14.3%

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 34.2M shares +13.5%
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 41.1M USD -10.6%
Depreciation 12.5M USD +48.8%
Payments to Acquire Property, Plant, and Equipment 5.98M USD +44.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -32.6M USD +15.4%
Lessee, Operating Lease, Liability, to be Paid 45.5M USD -7.11%
Property, Plant and Equipment, Gross 115M USD +5.96%
Operating Lease, Liability, Current 11.1M USD -1.22%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.34M USD +4.26%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.6M USD +0.84%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure -45.5%
Deferred Income Tax Expense (Benefit) -414K USD -130%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.35M USD +48%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.48M USD -7.74%
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 5.03M USD +3.33%
Operating Lease, Payments 3.16M USD +23.5%
Additional Paid in Capital 683M USD +32.7%
Amortization of Intangible Assets 30M USD -5.66%
Share-based Payment Arrangement, Expense 46.2M USD +0.41%