MEG - Montrose Environmental Group, Inc.
NYSE
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Industrials
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Waste Management
Irvine,
United States
Type: Equity
MEG price evolution
MEG
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $9.49 | $23.24 | $23.18 | $23.31 |
| Short term investments | ||||
| Net receivables | $104.73 | $112.36 | $117.38 | $103.72 |
| Inventory | $3.82 | $5 | $4.89 | |
| Total current assets | $204.44 | $200.92 | $213.06 | $200.61 |
| Long term investments | ||||
| Property, plant & equipment | $107.2 | $102.33 | $106.4 | $112.63 |
| Goodwill & intangible assets | $597.87 | $505.26 | $507.98 | $505.93 |
| Total noncurrent assets | $713.66 | $615.86 | $623.05 | $625.05 |
| Total investments | ||||
| Total assets | $918.1 | $816.79 | $836.11 | $825.66 |
| Current liabilities | ||||
| Accounts payable | $58.65 | $59.92 | $70.81 | $66.43 |
| Deferred revenue | ||||
| Short long term debt | $30.94 | $28.11 | $29.49 | $28.43 |
| Total current liabilities | $125.5 | $126.29 | $134.83 | $124.59 |
| Long term debt | $315.33 | $182.22 | $192.37 | $198.11 |
| Total noncurrent liabilities | $375.2 | $216.32 | $233.45 | $235.14 |
| Total debt | $346.27 | $210.34 | $221.86 | $226.54 |
| Total liabilities | $500.7 | $342.61 | $368.28 | $359.73 |
| Shareholders' equity | ||||
| Retained earnings | -$223.71 | -$210.36 | -$208.91 | -$201.39 |
| Other shareholder equity | -$0.26 | -$0.22 | -$0.3 | -$0.1 |
| Total shareholder equity | $324.47 | $321.25 | $314.9 | $313.01 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $23.24 | $89.83 | $146.74 | $34.88 |
| Short term investments | ||||
| Net receivables | $112.36 | $147.81 | $98.51 | $54.1 |
| Inventory | $3.82 | $3.63 | $2.44 | $2.5 |
| Total current assets | $200.92 | $247.93 | $293.86 | $134.27 |
| Long term investments | ||||
| Property, plant & equipment | $102.33 | $71.92 | $64 | $34.4 |
| Goodwill & intangible assets | $505.26 | $465.98 | $472.94 | $429.52 |
| Total noncurrent assets | $615.86 | $543.99 | $539.24 | $468.46 |
| Total investments | ||||
| Total assets | $816.79 | $791.91 | $833.09 | $602.73 |
| Current liabilities | ||||
| Accounts payable | $59.92 | $25.35 | $68.94 | $34.62 |
| Deferred revenue | ||||
| Short long term debt | $28.11 | $23.7 | $21.34 | $5.58 |
| Total current liabilities | $126.29 | $111.44 | $147.69 | $111.54 |
| Long term debt | $182.22 | $158.98 | $184.43 | $170.32 |
| Total noncurrent liabilities | $216.32 | $214.36 | $215.97 | $201.11 |
| Total debt | $210.34 | $202.12 | $205.77 | $175.9 |
| Total liabilities | $342.61 | $325.8 | $363.67 | $312.65 |
| Shareholders' equity | ||||
| Retained earnings | -$210.36 | -$179.5 | -$147.68 | -$122.35 |
| Other shareholder equity | -$0.22 | $0.01 | $0.04 | $0.07 |
| Total shareholder equity | $321.25 | $313.19 | $316.5 | $137.15 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $155.32 | $165.74 | $167.94 | $159.1 |
| Cost of revenue | $96.56 | $101.92 | $102.16 | $98.2 |
| Gross Profit | $58.77 | $63.82 | $65.78 | $60.91 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $57.07 | $61.1 | $56.9 | $55.25 |
| Total operating expenses | $68.73 | $73.06 | $68.76 | $66.64 |
| Operating income | -$9.96 | -$9.24 | -$2.98 | -$5.74 |
| Income from continuing operations | ||||
| EBIT | -$9.56 | -$2.98 | -$4.11 | -$5.15 |
| Income tax expense | $0.49 | -$3.82 | $1.32 | $0.15 |
| Interest expense | $3.31 | $2.29 | $2.09 | $1.88 |
| Net income | ||||
| Net income | -$13.36 | -$1.44 | -$7.53 | -$7.17 |
| Income (for common shares) | -$16.17 | -$5.54 | -$11.63 | -$11.27 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $624.21 | $544.42 | $546.41 | $328.24 |
| Cost of revenue | $383.9 | $351.88 | $369.03 | $215.49 |
| Gross Profit | $240.31 | $192.53 | $177.38 | $112.75 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $222.86 | $176.29 | $117.66 | $78.64 |
| Total operating expenses | $268.64 | $223.77 | $162.47 | $122.82 |
| Operating income | -$28.34 | -$31.24 | $14.92 | -$10.07 |
| Income from continuing operations | ||||
| EBIT | -$24.05 | -$24.33 | -$12 | -$43.28 |
| Income tax expense | -$0.98 | $2.25 | $1.71 | $0.85 |
| Interest expense | $7.79 | $5.24 | $11.62 | $13.82 |
| Net income | ||||
| Net income | -$30.86 | -$31.82 | -$25.32 | -$57.95 |
| Income (for common shares) | -$47.26 | -$48.22 | -$41.73 | -$106.86 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Net income | -$13.36 | -$1.44 | -$7.53 | -$7.17 |
| Operating activities | ||||
| Depreciation | $14.28 | $14.49 | $14.49 | $13.95 |
| Business acquisitions & disposals | -$57.8 | -$0.68 | -$5.48 | -$57.05 |
| Stock-based compensation | $11.27 | $11.66 | $11.48 | $11.09 |
| Total cash flows from operations | -$22.02 | $14.55 | $16.96 | $21.48 |
| Investing activities | ||||
| Capital expenditures | -$7.28 | -$4.23 | -$4.74 | -$18.22 |
| Investments | ||||
| Total cash flows from investing | -$65.04 | -$4.64 | -$10 | -$75.26 |
| Financing activities | ||||
| Dividends paid | -$4.1 | -$4.1 | -$4.1 | |
| Sale and purchase of stock | $0.49 | $0.16 | $1.23 | $0.6 |
| Net borrowings | $133.22 | -$4.89 | -$3.7 | $5.36 |
| Total cash flows from financing | $73.35 | -$9.24 | -$6.91 | $0.69 |
| Effect of exchange rate | -$0.04 | -$0.61 | -$0.17 | -$0.41 |
| Change in cash and equivalents | -$13.71 | $0.67 | $0.05 | -$53.08 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$30.86 | -$31.82 | -$25.32 | -$57.95 |
| Operating activities | ||||
| Depreciation | $55.97 | $56.77 | $52.96 | $37.27 |
| Business acquisitions & disposals | -$70.24 | -$29.01 | -$65.07 | -$171.98 |
| Stock-based compensation | $47.27 | $43.29 | $10.32 | $4.85 |
| Total cash flows from operations | $56.02 | $20.65 | $37.58 | $1.85 |
| Investing activities | ||||
| Capital expenditures | -$31.96 | -$10 | -$6.99 | -$7.76 |
| Investments | ||||
| Total cash flows from investing | -$101.62 | -$38.69 | -$71.64 | -$179.74 |
| Financing activities | ||||
| Dividends paid | -$16.4 | -$16.4 | -$16.4 | -$6.97 |
| Sale and purchase of stock | $4.69 | $1.64 | $177.02 | $161.7 |
| Net borrowings | -$6.45 | -$12.72 | -$4.21 | $19.5 |
| Total cash flows from financing | -$20.11 | -$38.76 | $146.1 | $205.9 |
| Effect of exchange rate | -$0.88 | -$0.11 | -$0.18 | -$0.01 |
| Change in cash and equivalents | -$65.71 | -$56.8 | $112.04 | $28.01 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | N/A |
| Revenue | $648.11M |
|---|---|
| EBITDA | $35.41M |
| EBIT | -$21.79M |
| Net Income | -$29.50M |
| Revenue Q/Q | 18.18% |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | N/A |
|---|---|
| ROA | -3.47% |
| ROE | -9.26% |
| Debt/Equity | 1.07 |
|---|---|
| Net debt/EBITDA | 13.87 |
| Current ratio | 1.63 |
| Quick ratio | 1.63 |