Montrose Environmental Group Past Earnings Performance
Past criteria checks 0/6
Montrose Environmental Group has been growing earnings at an average annual rate of 7%, while the Commercial Services industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 22% per year.
Key information
7.0%
Earnings growth rate
35.8%
EPS growth rate
| Commercial Services Industry Growth | 8.5% |
| Revenue growth rate | 22.0% |
| Return on equity | -6.5% |
| Net Margin | -7.6% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Montrose Environmental Group, Inc.'s (NYSE:MEG) Intrinsic Value Is Potentially 68% Above Its Share Price
Apr 02
Montrose Environmental Group, Inc. (NYSE:MEG) Analysts Are Pretty Bullish On The Stock After Recent Results
Mar 03Is Montrose Environmental Group (NYSE:MEG) Using Too Much Debt?
Feb 23Unpleasant Surprises Could Be In Store For Montrose Environmental Group, Inc.'s (NYSE:MEG) Shares
Jan 23When Should You Buy Montrose Environmental Group, Inc. (NYSE:MEG)?
Oct 26Are Montrose Environmental Group, Inc. (NYSE:MEG) Investors Paying Above The Intrinsic Value?
Oct 03Is It Time To Consider Buying Montrose Environmental Group, Inc. (NYSE:MEG)?
Jul 14Montrose Environmental: M&A Activities Picking Up, May Drive Growth
Jun 27A Look At The Fair Value Of Montrose Environmental Group, Inc. (NYSE:MEG)
May 17When Should You Buy Montrose Environmental Group, Inc. (NYSE:MEG)?
Mar 09A Look At The Intrinsic Value Of Montrose Environmental Group, Inc. (NYSE:MEG)
Jan 25Montrose Environmental: Attractive Business Model That Is Insulated From Economic Cycles
Jan 22Montrose Environmental acquires Huco Consulting; terms not disclosed
Dec 12Is There Now An Opportunity In Montrose Environmental Group, Inc. (NYSE:MEG)?
Dec 02Montrose Environmental Group, Inc. (NYSE:MEG) Shares Could Be 46% Below Their Intrinsic Value Estimate
Oct 05Montrose Environmental acquires emissions testing services firm AirKinetics
Sep 06Montrose acquires TriAD Environmental Consultants; terms undisclosed
Aug 04At US$37.60, Is Montrose Environmental Group, Inc. (NYSE:MEG) Worth Looking At Closely?
Jul 26Montrose Environmental Group: Fairly Valued At Best
Jun 27Are Investors Undervaluing Montrose Environmental Group, Inc. (NYSE:MEG) By 47%?
Jun 19Montrose Environmental Group (NYSE:MEG) Shareholders Will Want The ROCE Trajectory To Continue
Jun 01Montrose Environmental Group, Inc. (NYSE:MEG) Just Reported, And Analysts Assigned A US$60.00 Price Target
May 11Calculating The Intrinsic Value Of Montrose Environmental Group, Inc. (NYSE:MEG)
Mar 08Revenue & Expenses BreakdownBeta
How Montrose Environmental Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 624 | -47 | 216 | 0 |
| 30 Sep 23 | 598 | -57 | 201 | 0 |
| 30 Jun 23 | 560 | -55 | 189 | 0 |
| 31 Mar 23 | 541 | -55 | 182 | 0 |
| 31 Dec 22 | 544 | -48 | 174 | 0 |
| 30 Sep 22 | 549 | -39 | 164 | 0 |
| 30 Jun 22 | 551 | -31 | 151 | 0 |
| 31 Mar 22 | 547 | -36 | 132 | 0 |
| 31 Dec 21 | 546 | -42 | 116 | 0 |
| 30 Sep 21 | 511 | -39 | 101 | 0 |
| 30 Jun 21 | 463 | -102 | 97 | 0 |
| 31 Mar 21 | 401 | -77 | 87 | 0 |
| 31 Dec 20 | 328 | -107 | 81 | 0 |
| 30 Sep 20 | 287 | -120 | 74 | 0 |
| 30 Jun 20 | 260 | -67 | 60 | 0 |
| 31 Mar 20 | 244 | -80 | 54 | 0 |
| 31 Dec 19 | 234 | -43 | 46 | 0 |
| 31 Dec 18 | 189 | -21 | 39 | 0 |
Quality Earnings: MEG is currently unprofitable.
Growing Profit Margin: MEG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MEG is unprofitable, but has reduced losses over the past 5 years at a rate of 7% per year.
Accelerating Growth: Unable to compare MEG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MEG is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-7.5%).
Return on Equity
High ROE: MEG has a negative Return on Equity (-6.51%), as it is currently unprofitable.