Montrose Environmental Group, Inc.

Montrose Environmental Group, Inc.

MEGยทNYSE

$15.64

+0.71%
IndustrialsWaste Management

Montrose Environmental Group, Inc. operates as an environmental services company in the United States. The company operates in three segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. The Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits for current operations, facility upgrades, new projects, decommissioning projects, and development projects. Its technical advisory and consulting services include regulatory compliance support and planning, environmental, and ecosystem and toxicological assessments and support during responses to environmental disruptions. The Measurement and Analysis segment tests and analyzes air, water, and soil to determine concentrations of contaminants, as well as the toxicological impact of contaminants on flora, fauna, and human health. Its services include source and ambient air testing and monitoring, leak detection, and advanced analytical laboratory services, such as air, storm water, wastewater, and drinking water analysis. The Remediation and Reuse segment provides engineering, design, implementation, and operations and maintenance services primarily to treat contaminated water, remove contaminants from soil, or create biogas from waste. It serves technology, media, chemical, energy, power and utility, industrial and manufacturing, financial, and engineering industries, as well as local, state, provincial, and federal government entities. The company was founded in 2012 and is headquartered in North Little Rock, Arkansas.

At a Glance

Live Snapshot
Market Cap$565.70M
EPS-0.1400
P/E Ratio-1034.44
Earnings Date08/05/2026
3Y+420.0%
5Y+5710.0%
10Y-3878.0%
3Y-59.0%
5Y-91.0%
10Y-68.0%
3Y+140.0%
5Y-145.0%
10Y-283.0%
MEG

Montrose Environmental Group, Inc. Cash Conversion Engine

MEG ยท NYSE
Net Income-843.00K
Depreciation & Amortization50.91M
Stock-Based Compensation42.72M
Change in Working Capital2.97M
Others1.81M
Capital Expenditures-16.32M
Free Cash Flow91.16M

Cash Flow Quality Analysis

FCF Conversion Rate

-10813.6%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

15.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+10006.3%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$2.97M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Montrose Environmental Group, Inc. Cash Flow Statement

MEG โ€ข NYSE

Montrose Environmental Group, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
OPERATING ACTIVITIES
-843K
-62.3M
-30.9M
-31.8M
-25.3M
-57.9M
-23.6M
-16.5M
50.9M
64.3M
56M
56.8M
53M
37.3M
27.7M
23.9M
9.9M
4.3M
-980K
2.3M
1.7M
851K
-3.1M
-5M
42.7M
64.7M
47.3M
43.3M
10.3M
4.8M
4.3M
5.8M
1.8M
3.7M
-1.6M
-26.8M
15.9M
33.5M
14M
756K
(0.0)
(4.2M)
(997K)
(789K)
(412K)
(171K)
(1.2M)
(596K)
3M
-52.5M
-13.8M
-23M
-18M
-16.7M
-2.3M
-11.9M
107.5M
22.2M
56M
20.6M
37.6M
1.9M
17M
-2.8M
INVESTING ACTIVITIES
-17M
-21.3M
-29.6M
-10M
-6.9M
-7.8M
-4.7M
-4.1M
(712K)
-113.1M
-66.2M
-28.6M
-55.7M
-172M
-81.4M
-45.8M
458K
-3.6M
-5.9M
-60K
-9M
20K
-921K
-339K
-15.8M
-138M
-101.6M
-38.7M
-71.6M
-179.7M
-87M
-50.3M
FINANCING ACTIVITIES
-123.6M
121.8M
0.0
1.5M
169.8M
199.4M
0.0
-2.7M
56.4M
53.9M
-6.5M
-12.7M
-1.6M
24.4M
73.9M
-29.2M
-4.2M
-11.1M
-16.4M
-16.4M
-16.4M
-7M
(0.0)
(0.0)
-122.2M
(0.0)
(0.0)
(0.0)
(0.0)
-131.8M
(0.0)
-2.7M
-21.8M
1.3M
2.7M
-11.1M
-5.7M
-10.9M
518K
82.8M
-93.1M
106M
-20.1M
-38.8M
146.1M
205.9M
74.5M
50.9M
CASH FLOW SUMMARY
-224K
-497K
-876K
-111K
-183K
-15K
-116K
0.0
-1.7M
-10.3M
-66.6M
-56.9M
111.9M
28M
4.4M
-2.3M
12.9M
23.2M
89.8M
146.7M
34.9M
6.9M
2.5M
4.8M
11.2M
12.9M
23.2M
89.8M
146.7M
34.9M
6.9M
2.5M
91.2M
902K
23.1M
10.6M
30M
-5.9M
12.3M
-7M

SEC Filings

MEG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 11, 2026
May 06, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
8-K

8-K 2026

N/A

April 21, 2026
April 17, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 24, 2026
May 06, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
8-K

8-K 2026

N/A

January 20, 2026
January 19, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 05, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
Showing 1 to 10 of 88 filings