MEG Q4 2023 Earnings — Montrose Environmental Group, Inc. Revenue & Financial Results | Market Cap Arena

MEGMontrose Environmental Group, Inc.

$949M

Q4 2023 Earnings

Industrials Waste Management

Income Statement

Revenue

$166M+18.8% YoY

Gross Profit

$64M38.5% margin

Operating Income

-$9M-5.4% margin

Net Income

-$1M-0.9% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

-1.3%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$9M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$817M

Total Liabilities

$496M

Stockholders' Equity

$321M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$166M	$140M	+18.8%
Gross Profit	$64M	$49M	+31.1%
Operating Income	-$9M	-$8M	-7.5%
Net Income	-$1M	-$11M	+86.7%

Revenue Segments

Remediation And Reuse

$62M37%

Measurement And Analysis

$54M33%

Assessment Permitting And Response

$50M30%

Geographic Segments

UNITED STATES

$406M91%

CANADA

$41M9%