Mistras Group Income Statement 2025-2009 | MG

Brief overview of profit and loss at Mistras Group

The overview follows changes across a five-year period. Mistras Group reported revenue of $161 million in 2020 and $724 million by 2025. The cumulative result was +350.3%, corresponding to roughly 35.1% per year. Sales grew at a rate typical of a strong expansion phase.

Gross profit changed from 49.3 million dollars to 205 million dollars (+314.5%). The relationship between sales and direct costs improved over the period. The gross margin was 30.7% at the start and 28.2% at the end. The margin decline reflects a less favorable sales-and-cost structure.

The five-year EBITDA result moved by +77.4%: from 40.4 million dollars to 71.6 million dollars. EBITDA lagged revenue, showing weaker operating momentum. At the operating-margin level, the figure shifted from 25.1% to 9.9%. Operating return per unit of revenue declined.

Net profit was 181 thousand dollars at the start and 16.8 million dollars at the end. Revenue converted into net income more efficiently.

Market value was 226 million dollars at the start and 454 million dollars at the end. The valuation did not keep pace with the reported progress.

Summary assessment

The results present an uneven picture without one dominant signal. Key strengths include net-income growth and sales growth. The weaker side of the profile includes pressure from direct costs and weaker operating efficiency. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.