Earnings summaries and quarterly performance for Mistras Group.
Executive leadership at Mistras Group.
Natalia Shuman
Detailed
President and Chief Executive Officer
CEO
EP
Edward Prajzner
Detailed
Senior Executive Vice President and Chief Financial Officer
GD
Gennaro D’Alterio
Detailed
Executive Vice President and Chief Commercial Officer
HH
Hani Hammad
Detailed
Executive Vice President and Chief Operating Officer
MS
Manuel Stamatakis
Detailed
Executive Chairman
MK
Michael Keefe
Detailed
Executive Vice President, General Counsel and Secretary
Board of directors at Mistras Group.
Research analysts who have asked questions during Mistras Group earnings calls.
MP
Mitchell Pinheiro
Sturdivant & Company
4 questions for MG
Also covers: CDXC, CVGW, FDP +4 more
John Franzreb
Sidoti & Company
3 questions for MG
Also covers: AZZ, CSV, CTS +10 more
BM
Brian Morrison
TD Cowen
2 questions for MG
Also covers: DOOO, GIL, MGA +1 more
CL
Colin Langan
Wells Fargo
2 questions for MG
Also covers: BWA, DAN
Dan Levy
Barclays PLC
2 questions for MG
Also covers: ADNT, ALV, APTV +15 more
ER
Emmanuel Rosner
Wolfe Research
2 questions for MG
Also covers: ADNT, ALV, APTV +11 more
JC
Jake Coleman
CIBC
2 questions for MG
James Picariello
BNP Paribas
2 questions for MG
Also covers: ADNT, APTV, AXL +12 more
Jonathan Goldman
Scotiabank
2 questions for MG
Also covers: ATS, DOOO, MGA +1 more
JS
Joseph Spak
UBS Group AG
2 questions for MG
Also covers: ADNT, APH, APTV +17 more
MD
Mark Delaney
The Goldman Sachs Group, Inc.
2 questions for MG
Also covers: APH, APTV, AUR +24 more
CS
Chris Sakai
Singular Research
1 question for MG
Also covers: AE, CNDT, FSTR +6 more
CS
Christopher Sakai
Singular Research
1 question for MG
Also covers: BTBT, III, NEXCF +2 more
JS
Joichi Sakai
Singular Research
1 question for MG
Also covers: AE, APOG, FSTR +5 more
Justin Mechetti
Sidoti & Company, LLC
1 question for MG
Also covers: NWPX, NX, ROCK
Recent press releases and 8-K filings for MG.
Magna International Reports Strong Q4 2025 Results and Provides 2026 Outlook
MG
Earnings
Guidance Update
Share Buyback
- Magna International reported Q4 2025 sales of $10.8 billion, a 2% increase year-over-year, with an adjusted EBIT margin of 7.5%, up 100 basis points, and adjusted EPS of $2.18, a 29% increase.
- For the full year 2025, sales were $42 billion, adjusted EBIT margin rose 20 basis points to 5.6%, and adjusted EPS increased 6% to $5.73. The company generated $1.9 billion in free cash flow for the full year.
- For 2026, Magna anticipates adjusted EBIT margin expansion of 40-100 basis points, with an outlook for adjusted EPS in the range of $6.25-$7.25 per share.
- The company expects free cash flow of $1.6 billion-$1.8 billion in 2026 and plans to repurchase approximately 22 million shares under its NCIB during the year. The board also approved a $0.01 increase in Magna's quarterly dividend, marking the 16th consecutive year of dividend increases.
Feb 13, 2026, 1:00 PM
Magna Reports Strong Q4 and Full Year 2025 Results, Provides 2026 Outlook
MG
Earnings
Guidance Update
Share Buyback
- Magna reported strong Q4 2025 results with sales up 2% to $10.8 billion, Adjusted EBIT margin expanding 100 basis points to 7.5%, and Adjusted EPS rising 29% to $2.18. For the full year 2025, sales were $42 billion, Adjusted EBIT grew 2% to $2.4 billion, and Adjusted EPS rose 6% to $5.73.
- The company generated $1.9 billion in free cash flow for the full year 2025, an increase of $849 million from the prior year, ending the year with $1.6 billion cash on hand and a 1.58 times leverage ratio.
- For 2026, Magna anticipates Adjusted EBIT margin expansion of 40-100 basis points, with an Adjusted EPS outlook of $6.25-$7.25 per share, and free cash flow projected between $1.6 billion-$1.8 billion.
- Magna plans to repurchase approximately 22 million shares available under its NCIB during 2026 and increased its quarterly dividend for the 16th consecutive year.
- Operational Excellence initiatives significantly contributed to margin expansion in 2025 and are expected to add an additional 35-40 basis points of margin benefit in 2026, bringing the cumulative contribution to almost 200 basis points over the 2023-2026 period.
Feb 13, 2026, 1:00 PM
Magna International Reports Strong Q4 and Full Year 2025 Results, Provides 2026 Outlook
MG
Earnings
Guidance Update
Share Buyback
- Magna International reported strong Q4 2025 results, with sales increasing 2% to $10.8 billion, adjusted EBIT margin expanding 100 basis points to 7.5%, and adjusted EPS rising 29% to $2.18. For the full year 2025, sales reached $42 billion, adjusted EBIT margin rose 20 basis points to 5.6%, and adjusted EPS increased 6% to $5.73.
- The company generated robust free cash flow of $1.3 billion in Q4 2025 and $1.9 billion for the full year 2025.
- For 2026, Magna projects adjusted EBIT margin expansion of 40-100 basis points (to a range of 6%-6.6%), adjusted EPS between $6.25-$7.25 per share, and free cash flow of $1.6 billion-$1.8 billion.
- Magna plans to repurchase approximately 22 million shares available under its NCIB during 2026 and announced its 16th consecutive year of dividend increases. Operational excellence initiatives are expected to further drive margin expansion in 2026.
Feb 13, 2026, 1:00 PM
Mistras Group Awarded NDT Services Contract for Woodside Louisiana LNG Terminal
MG
New Projects/Investments
- MISTRAS Group (NYSE: MG) has been selected by Bechtel to provide Non-Destructive Testing (NDT) services for the Woodside Louisiana LNG terminal.
- The Woodside Louisiana LNG terminal is a multibillion-dollar LNG production and export facility under construction in Sulphur, Louisiana, permitted for up to 27.6 million tonnes per annum of LNG production.
- This project is described as one of the most significant energy infrastructure developments globally and a major investment in U.S. Gulf Coast energy capacity.
Dec 16, 2025, 1:00 PM
Mistras Group outlines strategic priorities and 2024 performance at investor conference
MG
Guidance Update
New Projects/Investments
Demand Weakening
- Mistras Group (MG) reported 2024 revenue of approximately $730 million and operates globally with 70% of its business in North America. Its core services include field services, laboratory testing, and data analytical solutions, primarily for oil and gas (largest share) and aerospace and defense industries.
- A key differentiator is its proprietary Plant Condition Management Software (PCMS), which is utilized by 50% of U.S. refineries for risk-based asset integrity management. The company aims to leverage this to expand services to existing customers.
- The company's Vision 2030 outlines three strategic priorities: expanding wallet share with existing customers, diversifying into new industries such as aerospace and defense, infrastructure, and data centers, and enhancing operational efficiencies. These efforts have driven significant EBITDA expansion since 2022.
- While 2025 revenue guidance is flattish due to voluntarily exiting some unprofitable business, Mistras Group is experiencing strong growth in aerospace and defense, with a 14% average price increase in that sector this year. The company acknowledges weakening oil prices are impacting customer spending plans, making diversification a key strategy to reduce dependence on the oil and gas sector.
Dec 10, 2025, 6:45 PM
Mistras Group Discusses Strategic Priorities and 2024 Performance
MG
New Projects/Investments
Revenue Acceleration/Inflection
Demand Weakening
- Mistras Group (MG) is a technology-enabled industrial asset integrity provider, reporting 2024 revenue around $730 million and approximately 4,800 employees. The company has seen EBITDA expanding significantly since 2022, although 2025 revenue is projected to be flattish due to voluntarily exiting some unprofitable business.
- The company's core offerings include field services, laboratory testing, and proprietary data analytical solutions, such as Plant Condition Management Software (PCMS), which is used by 50% of U.S. refineries. MG emphasizes its technical expertise and continuous investment in R&D as key differentiators.
- Mistras Group's Vision 2030 strategic plan focuses on expanding wallet share with existing customers, diversifying into new industries like aerospace and defense, infrastructure and data centers, and enhancing operational efficiencies. The aerospace and defense sector is a significant growth area, experiencing double-digit growth in defense orders in Europe and a 14% average price increase this year.
Dec 10, 2025, 6:45 PM
Mistras Group Outlines Strategic Priorities and Market Opportunities
MG
Guidance Update
New Projects/Investments
Demand Weakening
- Mistras Group (MG) is a leader in technology-enabled industrial asset integrity, providing testing and inspection services to critical industries including energy, oil and gas, aerospace, and defense.
- The company reported approximately $730 million in revenue for 2024 and employs over 4,800 individuals across 100+ locations.
- Strategic priorities include expanding wallet share with existing customers, diversifying into new industries like aerospace and defense and data centers, and enhancing operational efficiencies.
- Mistras Group leverages proprietary industrial software, Plant Condition Management Software (PCMS), which is utilized by 50% of U.S. refineries, as a key differentiator.
- While oil and gas customers are looking at maintenance budget reductions due to weakening oil prices, the company's services are non-discretionary, and it sees significant growth opportunities in the aerospace and defense market, which saw a 14% average price increase this year.
Dec 10, 2025, 6:45 PM
MG Discusses Strategic Priorities and Financial Outlook
MG
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- Mistras Group (MG) reported $730 million in revenue and a 11% EBITDA margin for 2024, with 80% of its business in North America and 57% in oil and gas.
- The company's strategic priorities include service expansion, continuous innovation, and diversifying into higher-margin end markets such as aerospace and defense, power and utilities, and infrastructure, moving beyond its core oil and gas business.
- For the current year (2025), Mistras Group anticipates revenue to be relatively flat year-over-year due to divestments, but expects an increase in EBITDA, with an outlook range of $86 million-$88 million, resulting in an EBITDA margin of just over 12%.
- Mistras Group is focusing on margin expansion in 2025 and aims for profitable growth in 2026, planning investments in digital tools, in-lab capabilities (CAPEX), and its sales force to enhance commercial capabilities and leverage its data analytical solutions like the PCMS software.
Nov 12, 2025, 10:40 PM
Mistras Group Reports Strong Q3 2025 Results and Raises Full-Year Guidance
MG
Earnings
Guidance Update
New Projects/Investments
- Mistras Group reported Q3 2025 consolidated revenue of $195.5 million, a 7% increase year-over-year, and net income of $13.1 million, or $0.41 per diluted share.
- The company achieved a record quarterly adjusted EBITDA of $30.2 million, an increase of 29.6% over the prior year, with the adjusted EBITDA margin expanding by 270 basis points to 15.4%.
- Revenue growth was diversified across all five largest industry verticals, including Energy up 8.1%, Aerospace and Defense up 10.6%, Industrial up 15.8%, and Infrastructure up 21.1%. The PCMS offering within data solutions grew by nearly 25%.
- For full year 2025, Mistras Group expects revenue between $716-$720 million and raised its adjusted EBITDA guidance to between $86-$88 million.
- The company is advancing its Vision 2030 strategic plan, focusing on integrated solutions, diversification into new markets like data centers, and operational efficiencies, with anticipated growth in aerospace and defense, infrastructure, and power generation in 2026.
Nov 5, 2025, 2:00 PM
MISTRAS Group Reports Strong Q3 2025 Financial Results and Updates Full-Year Outlook
MG
Earnings
Guidance Update
Revenue Acceleration/Inflection
- MISTRAS Group reported Q3 2025 revenue of $195.5 million, marking a 7.0% increase year-over-year, with net income growing 104.7% to $13.1 million.
- Profitability significantly improved, with Gross Profit increasing 19.0% to $58.2 million and Adjusted EBITDA (Non-GAAP) rising 29.6% to $30.2 million in Q3 2025. The Gross Profit Margin expanded by 300 basis points to 29.8%, and the Adjusted EBITDA Margin increased by 260 basis points to 15.4%.
- For the nine months ended September 30, 2025, Free Cash Flow (non-GAAP) was negative $20.9 million, attributed to working capital timing. Total Net Debt (non-GAAP) stood at $174.5 million as of September 30, 2025.
- The company provided a 2025 full-year outlook with revenue projected between $716 million and $720 million, and Adjusted EBITDA (Non-GAAP) between $86 million and $88 million, targeting an Adjusted EBITDA Margin of 12.0% to 12.2%.
Nov 5, 2025, 2:00 PM
Quarterly earnings call transcripts for Mistras Group.
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