Montrose Environmental Group (MEG) Revenue & Revenue Breakdown
Montrose Environmental Group Revenue Highlights
Latest Revenue (Y)
$624.21M
Latest Revenue (Q)
$173.32M
Main Segment (Y)
Assessment Permitting And Response
Main Geography (Y)
UNITED STATES
Montrose Environmental Group Revenue by Period
Montrose Environmental Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $624.21M | 14.66% |
| 2022-12-31 | $544.42M | -0.37% |
| 2021-12-31 | $546.41M | 66.47% |
| 2020-12-31 | $328.24M | 40.36% |
| 2019-12-31 | $233.85M | 23.86% |
| 2018-12-31 | $188.81M | - |
Montrose Environmental Group generated $624.21M in revenue during NA 2023, up 14.66% compared to the previous quarter, and up 330.61% compared to the same period a year ago.
Montrose Environmental Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $173.32M | 11.59% |
| 2024-03-31 | $155.32M | -6.29% |
| 2023-12-31 | $165.74M | -1.31% |
| 2023-09-30 | $167.94M | 5.55% |
| 2023-06-30 | $159.10M | 21.06% |
| 2023-03-31 | $131.43M | -5.80% |
| 2022-12-31 | $139.51M | 7.06% |
| 2022-09-30 | $130.31M | -6.86% |
| 2022-06-30 | $139.91M | 3.88% |
| 2022-03-31 | $134.68M | -6.34% |
| 2021-12-31 | $143.79M | 8.46% |
| 2021-09-30 | $132.58M | -2.68% |
| 2021-06-30 | $136.22M | 1.80% |
| 2021-03-31 | $133.82M | 23.06% |
| 2020-12-31 | $108.74M | 28.38% |
| 2020-09-30 | $84.70M | 14.83% |
| 2020-06-30 | $73.77M | 20.87% |
| 2020-03-31 | $61.03M | -10.08% |
| 2019-12-31 | $67.88M | 17.79% |
| 2019-09-30 | $57.62M | 0.39% |
| 2019-06-30 | $57.40M | 12.65% |
| 2019-03-31 | $50.95M | -86.50% |
| 2016-09-30 | $377.36M | - |
Montrose Environmental Group generated $173.32M in revenue during Q2 2024, up 11.59% compared to the previous quarter, and up 131.88% compared to the same period a year ago.
Montrose Environmental Group Revenue Breakdown
Montrose Environmental Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Assessment Permitting And Response | $220.73M | $187.23M | $261.87M | $98.52M |
| Remediation And Reuse | $206.39M | $184.75M | $131.34M | $78.17M |
| Measurement And Analysis | $197.09M | $172.43M | $153.21M | $151.56M |
Montrose Environmental Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Assessment Permitting And Response (35.36%), Remediation And Reuse (33.06%), and Measurement And Analysis (31.58%).
Quarterly Revenue by Product
| Product/Service | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Measurement And Analysis | $54.05M | $50.47M | $50.05M | $42.53M | $46.69M | $43.75M | $42.22M | $39.76M | $41.90M | $38.75M | $39.12M | $33.44M | $38.43M | $39.77M | $37.04M |
| Remediation And Reuse | $61.60M | $60.46M | $47.63M | $36.69M | $47.64M | $40.14M | $47.65M | $49.32M | $49.41M | $30.41M | $26.40M | $25.11M | $21.56M | $18.34M | $18.10M |
| Assessment Permitting And Response | $50.09M | $57.01M | $61.41M | $52.21M | $45.18M | $46.41M | $50.04M | $45.60M | $52.49M | $63.41M | $70.70M | $75.26M | $48.75M | $26.59M | $18.63M |
Montrose Environmental Group's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Remediation And Reuse (37.17%), Measurement And Analysis (32.61%), and Assessment Permitting And Response (30.22%).
Montrose Environmental Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| UNITED STATES | $539.58M | - | - | - |
| CANADA | $72.61M | - | - | - |
| Assessment Permitting And Response | - | $187.23M | $261.87M | $98.52M |
| Remediation And Reuse | - | $184.75M | $131.34M | $78.17M |
| Measurement And Analysis | - | $172.43M | $153.21M | $151.56M |
Montrose Environmental Group's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (88.14%), and CANADA (11.86%).
Quarterly Revenue by Country
| Country | Dec 23 | Sep 23 |
|---|---|---|
| CANADA | $41.40M | $31.21M |
| UNITED STATES | $406.13M | $133.45M |
Montrose Environmental Group's latest quarterly revenue breakdown by geography, as of Dec 23: UNITED STATES (90.75%), and CANADA (9.25%).
Montrose Environmental Group Peer Comparison by Revenue
MEG Revenue FAQ
What is Montrose Environmental Group’s yearly revenue?
Montrose Environmental Group's yearly revenue for 2023 was $624.21M, representing an increase of 14.66% compared to 2022. The company's yearly revenue for 2022 was $544.42M, representing a decrease of -0.37% compared to 2021. MEG's yearly revenue for 2021 was $546.41M, representing an increase of 66.47% compared to 2020.
What is Montrose Environmental Group’s quarterly revenue?
Montrose Environmental Group's quarterly revenue for Q2 2024 was $173.32M, a 11.59% increase from the previous quarter (Q1 2024), and a 8.94% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $155.32M, a -6.29% decrease from the previous quarter (Q4 2023), and a 18.18% increase year-over-year (Q1 2023). MEG's quarterly revenue for Q4 2023 was $165.74M, a -1.31% decrease from the previous quarter (Q3 2023), and a 18.80% increase year-over-year (Q4 2022).
What is Montrose Environmental Group’s revenue growth rate?
Montrose Environmental Group's revenue growth rate for the last 3 years (2021-2023) was 14.24%, and for the last 5 years (2019-2023) was 166.92%.
What are Montrose Environmental Group’s revenue streams?
Montrose Environmental Group's revenue streams in c 23 are Assessment Permitting And Response, Remediation And Reuse, and Measurement And Analysis. Assessment Permitting And Response generated $220.73M in revenue, accounting 35.36% of the company's total revenue, up 17.89% year-over-year. Remediation And Reuse generated $206.39M in revenue, accounting 33.06% of the company's total revenue, up 11.71% year-over-year. Measurement And Analysis generated $197.1M in revenue, accounting 31.58% of the company's total revenue, up 14.30% year-over-year.
What is Montrose Environmental Group’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Montrose Environmental Group was Assessment Permitting And Response. This segment made a revenue of $220.73M, representing 35.36% of the company's total revenue.