Montrose Environmental Group
Provides environmental consulting, testing, emergency response and remediation.
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Profile
Provides environmental consulting, permitting, emergency response, testing and remediation to commercial and government clients across three operating segments. Demand is shaped by regulation, project timing, weather and environmental incidents.
Provides environmental consulting, testing, emergency response and remediation through three segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. Advisory teams handle assessments, permits, toxicology, audits and incident response, while field and laboratory teams test air, water and soil.
Engineering teams design and implement treatment systems for contaminated water and soil. Cross-selling links consulting, testing and treatment work for commercial and government clients. Operations span the United States, Canada and Australia after the exit from Europe.
Demand is shaped by environmental regulation, client project timing, weather and unpredictable natural or industrial events. Most remediation work occurs at client sites; the provider does not own the underlying properties, environmental liabilities or material project equipment.
Company facts
Categories
Key statistics
Year to date −37.1% · Average volume (30d) 737.2K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| May 6, 2026Q1 FY26 | −$0.07 | −$0.28 | −300.0% | $179.7M | $168.5M | −6.2% | −20.68% |
| Feb 25, 2026Q4 FY25 | $0.05 | −$0.23 | −560.0% | $187.7M | $193.3M | +3.0% | +22.46% |
| Nov 4, 2025Q3 FY25 | $0.32 | $0.36 | +11.5% | $201.5M | $224.9M | +11.6% | +5.44% |
| Aug 6, 2025Q2 FY25 | $0.25 | $0.63 | +152.0% | $195.0M | $234.5M | +20.3% | +8.49% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $177.8M | $234.5M | $224.9M | $193.3M | $168.5M | $186.7M | |
| Gross profit | $56.1M | $89.0M | $75.6M | $62.7M | $54.4M | $82.3M | |
| Operating income | −$9.4M | $15.6M | $10.7M | −$2.5M | −$6.9M | $19.2M | |
| Net income | −$19.4M | $18.4M | $8.4M | −$8.2M | −$12.7M | $1.4M | |
| Diluted EPS | −$0.64 | $0.39 | $0.21 | −$0.20 | −$0.35 | $0.04 | |
| Gross margin | 31.6% | 37.9% | 33.6% | 32.4% | 32.3% | 44.1% | |
| Operating margin | -5.3% | 6.7% | 4.8% | -1.3% | -4.1% | 10.3% |
Fiscal years (4-quarter sums)FY21 $546.4M · FY22 $544.4M · FY23 $624.2M · FY24 $696.4M · FY25 $830.5M
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $12.7M · Total debt $418.6M · Total assets $967.2M · Shareholders' equity $430.3M
Dividends
No dividends on record.
Ownership
Institutions and insiders are filed separately and overlap, so together they can pass the whole company. No split is drawn from them.
Shares outstanding 36.17M · Float 33.35M
This issuer lists more than one class and the share count spans them all, so a stake here reads as a share of the whole company, not of this class.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % of company | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 3.15M | 8.71% | 13F | May 13, 2026 |
| Bamco Inc /NY/ | 2.17M | 5.99% | 13F | May 15, 2026 |
| Nomura Asset Management International Inc. | 2.10M | 6.00% of class | 13G | Aug 14, 2026 |
| Goldman Sachs Asset Management, L.P. | 1.83M | 5.00% of class | 13G | May 11, 2026 |
| Macquarie Management Holdings, Inc. | 1.53M | 4.23% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 13, 2026 | Vijay Manthripragada | director, officer: President & CEO | −46,121 | $25.41 |
| Mar 9, 2026 | Jose Revuelta | officer: Chief Strategy Officer | −7,858 | $27.00 |
| Mar 4, 2026 | Jose Revuelta | officer: Chief Strategy Officer | −42,668 | $27.56 |
| Mar 3, 2026 | Jose Revuelta | officer: Chief Strategy Officer | −60,000 | $28.00 |
| Mar 2, 2026 | Nasym Afsari | officer: General Counsel and Secretary | −200 | $30.00 |
Peers
Not reported.