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Companies / Industrials / Mistras Group, Inc.
MG

Mistras Group, Inc.

IndustrialsProfessional Services
Ticker MGPRINCETON JUNCTION, NJFiscal year ends DecemberBook value per share $7.31Diluted shares 32.8M

Mistras Group, Inc. (NYSE: MG) is a global leader in technology-enabled industrial asset integrity and laboratory testing solutions serving critical industries including oil and gas, aerospace and defense, power and utilities, manufacturing, and civil infrastructure. The company operates through three reportable… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$724.02M
−0.8% year over year
Last 12 mo $739.17M
5.60%
+0.1 percentage points
Last 12 mo 6.87%
$16.92M
−10.8% year over year
Last 12 mo $26.87M
10.31%
−1.3 percentage points
Last 12 mo 11.24%
Cash & financing
$32.98M
−34.2% year over year
Last 12 mo $54.32M
$8.31M
−74.2% year over year
Last 12 mo $28.92M
0.86
Was 0.96× a year earlier
Last 12 mo 0.83
32.1M
+1.4% year over year
Last 12 mo 32.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Mistras Group, Inc. does

In the company’s own words

Mistras Group, Inc. (NYSE: MG) is a global leader in technology-enabled industrial asset integrity and laboratory testing solutions serving critical industries including oil and gas, aerospace and defense, power and utilities, manufacturing, and civil infrastructure. The company operates through three reportable segments: North America, which generated approximately 81 percent of revenues; International; and Products and Systems. For the fiscal year ended December 31, 2025, the company generated total revenues of $724.0 million.

Mistras delivers a comprehensive portfolio of asset protection services combining advanced non-destructive testing, pipeline inspections, real-time condition monitoring, maintenance planning, and specialized engineering expertise. The company's proprietary management software suite, OneSuite, centralizes integrity data for predictive analytics and benchmark analysis. Core capabilities include NDT field inspections enhanced by advanced robotics, laboratory quality control and materials services, sensing technologies and NDT equipment, asset and mechanical integrity engineering services, and light mechanical maintenance. The company operates a network of in-house laboratories across North America and Europe providing quality assurance and quality control solutions, with certifications including Nadcap, AS9100/ISO-9001, and FAA Repair Station credentials.

The company maintains long-term relationships with leading asset-intensive operators across multiple industries, with no single customer representing more than ten percent of revenues. Approximately fifty percent of U.S. refiners utilize the company's Plant Condition Management Software platform. The company's top ten customers accounted for approximately thirty-six percent of revenues in 2025.

As of December 31, 2025, Mistras employed approximately 4,800 employees worldwide, including 3,200 in the United States, 500 in Canada, and 1,100 in other international locations. The company operates in eleven countries and maintains manufacturing facilities in Princeton Junction, New Jersey, and France.

The company's competitive strengths include its comprehensive integrated asset protection solutions portfolio, proprietary data management and analytical capabilities, decades-long track record serving diversified customers, accumulated customer-specific inspection data repositories, proprietary products and software, extensive domain knowledge, ongoing technological research and development, and experienced management team. More information is available at www.mistrasgroup.com.

Company details
Sector
Industrials
Industry
Professional Services
Headquarters
PRINCETON JUNCTION, NJ
Fiscal year end
December
CIK
1436126
SIC
8711

Financial performance, year by year

Fiscal 2014–2025 · USD
$-184.27M$70.14M$324.56M$578.98M$833.39M2014201520162016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Mistras Group, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

151
funds hold it
0 of 35
superinvestors hold it
$137.32M
held by funds, at market
23.9%
of shares held by funds

Largest fund holders · Mistras Group, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.69%of fund net assets
Federated Hermes MDT Small Cap Core Fund
QASCX · Federated Hermes MDT Series
0.50%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
U.S. SMALL CAP VALUE PORTFOLIO
DFSVX · DFA INVESTMENT DIMENSIONS GROUP INC
0.04%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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