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Montrose Environmental Group (MEG) Revenue & Revenue Breakdown

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Montrose Environmental Group Revenue Highlights

Latest Revenue (Y)

$624.21M

Latest Revenue (Q)

$178.69M

Main Segment (Y)

Assessment Permitting And Response

Main Geography (Y)

UNITED STATES

Montrose Environmental Group Revenue by Period

Montrose Environmental Group Revenue by Year

DateRevenueChange
2023-12-31$624.21M14.66%
2022-12-31$544.42M-0.37%
2021-12-31$546.41M66.47%
2020-12-31$328.24M40.36%
2019-12-31$233.85M23.86%
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

DateRevenueChange
2024-09-30$178.69M3.09%
2024-06-30$173.32M11.59%
2024-03-31$155.32M-6.29%
2023-12-31$165.74M-1.31%
2023-09-30$167.94M5.55%
2023-06-30$159.10M21.06%
2023-03-31$131.43M-5.80%
2022-12-31$139.51M7.06%
2022-09-30$130.31M-6.86%
2022-06-30$139.91M3.88%
2022-03-31$134.68M-6.34%
2021-12-31$143.79M8.46%
2021-09-30$132.58M-2.68%
2021-06-30$136.22M1.80%
2021-03-31$133.82M23.06%
2020-12-31$108.74M28.38%
2020-09-30$84.70M14.83%
2020-06-30$73.77M20.87%
2020-03-31$61.03M-10.08%
2019-12-31$67.88M17.79%
2019-09-30$57.62M0.39%
2019-06-30$57.40M12.65%
2019-03-31$50.95M-86.50%
2016-09-30$377.36M-

Montrose Environmental Group generated $178.69M in revenue during Q3 2024, up 3.09% compared to the previous quarter, and up 112.31% 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/ServiceDec 23Dec 22Dec 21Dec 20
Remediation And Reuse$206.39M$184.75M$131.34M$78.17M
Measurement And Analysis$197.09M$172.43M$153.21M$151.56M
Assessment Permitting And Response$220.73M$187.23M$261.87M$98.52M

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/ServiceSep 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
Assessment Permitting And Response$52.02M$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
Measurement And Analysis$58.58M$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$68.08M$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

Montrose Environmental Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Remediation And Reuse (38.10%), Measurement And Analysis (32.79%), and Assessment Permitting And Response (29.11%).

Montrose Environmental Group Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20
CANADA$72.61M---
UNITED STATES$539.58M---
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

CountrySep 24Dec 23Sep 23
CANADA$31.64M$41.40M$31.21M
UNITED STATES$139.57M$406.13M$133.45M

Montrose Environmental Group's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (81.52%), and CANADA (18.48%).

Montrose Environmental Group Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CWSTCasella Waste Systems$1.26T$411.63M
RSGRepublic Services$14.96B$4.08B
WCNWaste Connections$8.02B$2.34B
CLHClean Harbors$5.41B$1.53B
MEGMontrose Environmental Group$624.21M$178.69M

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 Q3 2024 was $178.69M, a 3.09% increase from the previous quarter (Q2 2024), and a 6.40% increase year-over-year (Q3 2023). The company'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). MEG'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).

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 Remediation And Reuse, Measurement And Analysis, and Assessment Permitting And Response. 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. Assessment Permitting And Response generated $220.73M in revenue, accounting 35.36% of the company's total revenue, up 17.89% 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.