Mistras Group (MG) Revenue & Revenue Breakdown


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Mistras Group Revenue Highlights


Latest Revenue (Y)

$705.47M

Latest Revenue (Q)

$189.77M

Main Segment (Y)

Oil & Gas

Main Geography (Y)

UNITED STATES

Mistras Group Revenue by Period


Mistras Group Revenue by Year

DateRevenueChange
2023-12-31$705.47M2.63%
2022-12-31$687.37M1.51%
2021-12-31$677.13M14.27%
2020-12-31$592.57M-20.84%
2019-12-31$748.59M0.84%
2018-12-31$742.35M5.90%
2017-12-31$700.97M2.37%
2016-12-31$684.76M-3.72%
2015-05-31$711.25M14.08%
2014-05-31$623.45M17.79%
2013-05-31$529.28M21.15%
2012-05-31$436.88M29.03%
2011-05-31$338.59M24.42%
2010-05-31$272.13M30.12%
2009-05-31$209.13M37.35%
2008-05-31$152.27M-

Mistras Group generated $705.47M in revenue during NA 2023, up 2.63% compared to the previous quarter, and up 95.03% compared to the same period a year ago.

Mistras Group Revenue by Quarter

DateRevenueChange
2024-06-30$189.77M2.89%
2024-03-31$184.44M1.30%
2023-12-31$182.07M1.52%
2023-09-30$179.35M1.89%
2023-06-30$176.03M4.77%
2023-03-31$168.02M-0.12%
2022-12-31$168.22M-5.74%
2022-09-30$178.46M-0.32%
2022-06-30$179.03M10.74%
2022-03-31$161.66M-5.55%
2021-12-31$171.16M-1.94%
2021-09-30$174.56M-1.76%
2021-06-30$177.68M15.57%
2021-03-31$153.74M-4.38%
2020-12-31$160.78M8.71%
2020-09-30$147.89M18.85%
2020-06-30$124.44M-21.97%
2020-03-31$159.47M-10.91%
2019-12-31$178.99M-6.87%
2019-09-30$192.19M-4.20%
2019-06-30$200.62M13.48%
2019-03-31$176.79M-2.20%
2018-12-31$180.76M-0.77%
2018-09-30$182.17M-5.02%
2018-06-30$191.79M2.22%
2018-03-31$187.63M-0.01%
2017-12-31$187.64M4.50%
2017-09-30$179.57M5.36%
2017-06-30$170.44M4.36%
2017-03-31$163.32M-4.02%
2016-11-30$170.16M1.02%
2016-08-31$168.44M-8.55%
2016-05-31$184.19M14.86%
2016-02-29$160.35M-17.68%
2015-11-30$194.79M8.30%
2015-08-31$179.85M2.96%
2015-05-31$174.69M7.10%
2015-02-28$163.10M-21.17%
2014-11-30$206.89M24.21%
2014-08-31$166.57M-7.01%
2014-05-31$179.13M18.06%
2014-02-28$151.73M-3.21%
2013-11-30$156.75M15.40%
2013-08-31$135.84M-6.00%
2013-05-31$144.50M8.11%
2013-02-28$133.66M-2.95%
2012-11-30$137.73M21.47%
2012-08-31$113.39M-10.78%
2012-05-31$127.09M22.06%
2012-02-29$104.12M-8.84%
2011-11-30$114.22M24.90%
2011-08-31$91.45M-10.46%
2011-05-31$102.13M28.93%
2011-02-28$79.21M-10.83%
2010-11-30$88.84M29.86%
2010-08-31$68.41M-14.26%
2010-05-31$79.78M23.97%
2010-02-28$64.36M-10.49%
2009-11-30$71.90M28.19%
2009-08-31$56.09M0.41%
2009-05-31$55.86M18.85%
2009-02-28$47.00M-20.71%
2008-11-30$59.27M26.13%
2008-08-31$47.00M-

Mistras Group generated $189.77M in revenue during Q2 2024, up 2.89% compared to the previous quarter, and up 112.95% compared to the same period a year ago.

Mistras Group Revenue Breakdown


Mistras Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Industrials$70.58M$63.98M$67.72M$66.43M$89.21M
Infrastructure, Research and Engineering$29.11M$27.22M$32.29M$33.79M$33.10M
Oil & Gas$416.00M$387.75M$366.92M$338.76M$436.02M
Other Process Industries$47.60M$54.83M$51.40M$34.87M$39.11M
Other Products and Services$16.78M$15.04M$18.06M$8.56M$13.97M
Aerospace and Defense$77.00M$80.55M$68.39M$70.27M$93.85M
Power Generation And Transmission$33.97M$42.10M$52.75M--
Petrochemical$14.43M$15.90M$19.61M--
Power Generation and Transmission---$39.89M$43.31M

Mistras Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Oil & Gas (58.97%), Aerospace and Defense (10.91%), Industrials (10.01%), Other Process Industries (6.75%), Power Generation And Transmission (4.82%), Infrastructure, Research and Engineering (4.13%), Other Products and Services (2.38%), and Petrochemical (2.05%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Other Process Industries$14.91M$11.90M$12.06M$9.79M$13.38M$12.37M$12.28M$13.32M$15.41M$13.81M$14.72M$11.89M$14.02M$10.78M$10.58M$8.48M$7.68M$8.13M$11.67M$9.92M
Oil & Gas$109.26M$113.17M$107.95M$103.25M$106.12M$98.67M$95.23M$97.03M$101.27M$94.22M$75.11M$97.50M$101.56M$92.75M$97.58M$82.00M$66.69M$92.50M$100.74M$112.56M
Infrastructure, Research and Engineering$8.63M$6.59M$7.11M$9.49M$6.75M$5.76M$8.09M$7.87M$5.82M$5.44M$4.56M$10.41M$9.25M$8.07M$10.56M$8.78M$6.91M$7.54M$11.42M$9.13M
Industrials$18.29M$15.20M$20.28M$16.65M$17.74M$15.91M$16.32M$16.00M$16.63M$15.04M$18.28M$17.59M$17.85M$13.99M$15.71M$17.91M$14.53M$18.27M$20.27M$21.57M
Power Generation and Transmission$9.03M$5.85M$9.74M$8.16M$7.97M$12.78M$11.05M$7.23M$14.69M$14.09M$8.27M$11.24M$11.50M$9.50M$7.65M$11.78M$11.14M---
Petrochemical$4.02M$4.34M$3.52M$3.90M$1.73M$5.28M$5.43M$3.71M$3.64M$3.12M----------
Aerospace and Defense$22.34M$22.12M$19.31M$20.07M$19.02M$18.60M$16.75M$21.29M$22.44M$20.07M$18.57M$16.71M$16.93M$16.18M$15.41M$14.65M$17.99M$22.21M$22.28M$22.48M
Other Products and Services$3.29M$5.28M$3.73M$6.46M$3.13M$3.45M$3.08M$6.46M$2.77M$2.73M$4.62M$5.77M$3.97M$3.70M$-305.00K$4.58M$1.12M$3.17M$836.00K$5.39M

Mistras Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Oil & Gas (57.57%), Aerospace and Defense (11.77%), Industrials (9.64%), Other Process Industries (7.86%), Power Generation and Transmission (4.76%), Infrastructure, Research and Engineering (4.55%), Petrochemical (2.12%), and Other Products and Services (1.73%).

Mistras Group Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
UNITED STATES$500.28M$489.87M$475.22M$411.49M$495.13M
Asia Pacific$10.12M$7.33M$8.65M$7.71M$13.83M
Europe$108.14M$100.92M$109.61M$100.54M$127.89M
Other Americas$86.94M$89.25M$83.64M$72.83M$111.74M

Mistras Group's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (70.91%), Europe (15.33%), Other Americas (12.32%), and Asia Pacific (1.43%).

Quarterly Revenue by Country

CountryJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Asia Pacific$1.48M$5.12M$2.50M$1.77M$2.62M$3.22M$2.44M$1.98M$1.17M$1.74M$2.76M$2.34M$1.73M$1.82M$2.25M$1.62M$1.62M$2.21M$3.86M$5.21M
UNITED STATES$132.63M$129.84M$127.00M$126.54M$124.63M$122.11M$116.65M$130.87M$127.55M$114.80M$122.67M$122.95M$123.78M$105.82M$109.89M$101.41M$89.61M$110.58M$120.98M$126.41M
Other Americas$24.40M$19.36M$21.60M$24.00M$23.69M$17.65M$24.87M$22.59M$22.99M$18.80M$19.20M$22.65M$21.73M$20.06M$19.67M$19.82M$12.98M$20.36M$23.51M$28.93M
Europe$31.26M$30.12M$30.97M$27.04M$25.09M$25.03M$24.25M$23.02M$27.33M$26.32M$26.52M$26.62M$30.44M$26.04M$28.96M$25.05M$20.22M$26.30M$30.64M$31.64M

Mistras Group's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (69.89%), Europe (16.47%), Other Americas (12.86%), and Asia Pacific (0.78%).

Mistras Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
MRCMRC Global$3.41B$806.00M
TISITeam$862.62M$228.62M
MGMistras Group$705.47M$189.77M
THRThermon Group$494.63M$127.65M
LXFRLuxfer$405.00M$99.40M
VPGVishay Precision Group$355.05M$77.36M

MG Revenue FAQ


Mistras Group's yearly revenue for 2023 was $705.47M, representing an increase of 2.63% compared to 2022. The company's yearly revenue for 2022 was $687.37M, representing an increase of 1.51% compared to 2021. MG's yearly revenue for 2021 was $677.13M, representing an increase of 14.27% compared to 2020.

Mistras Group's quarterly revenue for Q2 2024 was $189.77M, a 2.89% increase from the previous quarter (Q1 2024), and a 7.81% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $184.44M, a 1.30% increase from the previous quarter (Q4 2023), and a 9.78% increase year-over-year (Q1 2023). MG's quarterly revenue for Q4 2023 was $182.07M, a 1.52% increase from the previous quarter (Q3 2023), and a 8.24% increase year-over-year (Q4 2022).

Mistras Group's revenue growth rate for the last 3 years (2021-2023) was 4.19%, and for the last 5 years (2019-2023) was -5.76%.

Mistras Group's revenue streams in c 23 are Industrials, Infrastructure, Research and Engineering, Oil & Gas, Other Process Industries, Other Products and Services, Aerospace and Defense, Power Generation And Transmission, and Petrochemical. Industrials generated $70.58M in revenue, accounting 10.01% of the company's total revenue, up 10.32% year-over-year. Infrastructure, Research and Engineering generated $29.11M in revenue, accounting 4.13% of the company's total revenue, up 6.92% year-over-year. Oil & Gas generated $416M in revenue, accounting 58.97% of the company's total revenue, up 7.28% year-over-year. Other Process Industries generated $47.6M in revenue, accounting 6.75% of the company's total revenue, down -13.18% year-over-year. Other Products and Services generated $16.78M in revenue, accounting 2.38% of the company's total revenue, up 11.61% year-over-year. Aerospace and Defense generated $77M in revenue, accounting 10.91% of the company's total revenue, down -4.41% year-over-year. Power Generation And Transmission generated $33.97M in revenue, accounting 4.82% of the company's total revenue, down -19.31% year-over-year. Petrochemical generated $14.43M in revenue, accounting 2.05% of the company's total revenue, down -9.21% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Mistras Group was Oil & Gas. This segment made a revenue of $416M, representing 58.97% of the company's total revenue.