Financials in USD. Standardized financial statements.
A compact view of how Montrose Environmental Group, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $830.54M | $696.39M | $624.21M | $544.42M | $546.41M | $328.24M | $233.85M | $188.81M |
| Revenue Growth? | +19.3% | +11.6% | +14.7% | -0.4% | +66.5% | +40.4% | +23.9% | 0.0% |
| Cost of Revenue? | $547.11M | $418.19M | $383.90M | $351.88M | $369.03M | $215.49M | $163.98M | $134.73M |
| Gross Profit? | $283.43M | $278.20M | $240.31M | $192.53M | $177.38M | $112.75M | $69.87M | $54.07M |
| Gross Margin? | +34.1% | +39.9% | +38.5% | +35.4% | +32.5% | +34.3% | +29.9% | +28.6% |
| Operating Expenses? | $268.98M | $314.92M | $268.73M | $220.55M | $186.84M | $135.76M | $78.82M | $64.87M |
| Operating Income? | $14.45M | -$36.72M | -$28.42M | -$28.01M | -$9.46M | -$23.01M | -$19.92M | -$10.64M |
| EBITDA? | $65.36M | $25.88M | $31.93M | $32.44M | $40.96M | -$6.00M | $7.78M | $13.54M |
| Income Before Tax | $11.22M | -$54.32M | -$31.84M | -$29.57M | -$23.62M | -$57.10M | -$26.68M | -$21.46M |
| Income Tax Expense | $12.06M | $8.00M | -$980,000 | $2.25M | $1.71M | $851,000 | -$3.12M | -$4.97M |
| Net Income? | -$843,000 | -$62.31M | -$30.86M | -$31.82M | -$25.32M | -$57.95M | -$23.56M | -$16.49M |
| EPS? | $-0.14 | $-2.22 | $-1.57 | $-1.62 | $-1.56 | $-6.48 | $-0.94 | $-0.79 |
| Diluted EPS? | $-0.14 | $-2.22 | $-1.57 | $-1.62 | $-1.56 | $-6.48 | $-0.94 | $-0.79 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality