Montrose Environmental Group Past Earnings Performance
Past criteria checks 0/6
Montrose Environmental Group has been growing earnings at an average annual rate of 14.3%, while the Commercial Services industry saw earnings growing at 11% annually. Revenues have been growing at an average rate of 18.9% per year.
Key information
14.3%
Earnings growth rate
43.2%
EPS growth rate
| Commercial Services Industry Growth | 8.5% |
| Revenue growth rate | 18.9% |
| Return on equity | -6.6% |
| Net Margin | -7.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Investors Still Aren't Entirely Convinced By Montrose Environmental Group, Inc.'s (NYSE:MEG) Revenues Despite 25% Price Jump
Jan 16
Not Many Are Piling Into Montrose Environmental Group, Inc. (NYSE:MEG) Stock Yet As It Plummets 32%
Nov 27Montrose Environmental Group, Inc. (NYSE:MEG) Might Not Be As Mispriced As It Looks After Plunging 27%
Oct 08Here's Why Montrose Environmental Group (NYSE:MEG) Can Afford Some Debt
Oct 01Some Montrose Environmental Group, Inc. (NYSE:MEG) Shareholders Look For Exit As Shares Take 33% Pounding
Aug 06Is Montrose Environmental Group, Inc. (NYSE:MEG) Trading At A 46% Discount?
Jul 18Montrose Environmental Group, Inc.'s (NYSE:MEG) Share Price Could Signal Some Risk
Jun 22We Think The Compensation For Montrose Environmental Group, Inc.'s (NYSE:MEG) CEO Looks About Right
May 01Montrose Environmental Group, Inc.'s (NYSE:MEG) Intrinsic Value Is Potentially 68% Above Its Share Price
Apr 02Montrose 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 06Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 673 | -48 | 230 | 0 |
| 30 Jun 24 | 662 | -46 | 227 | 0 |
| 31 Mar 24 | 648 | -45 | 222 | 0 |
| 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 14.3% 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 (14.4%).
Return on Equity
High ROE: MEG has a negative Return on Equity (-6.55%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/24 23:04 |
| End of Day Share Price | 2025/01/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Montrose Environmental Group, Inc. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thomas Burlton | BNP Paribas Exane |
| Andrew Grobler | BNP Paribas Exane |
| Andrew Obin | BofA Global Research |