Montrose Historical Income Statement

MEG Stock  USD 18.72  0.58  3.20%   
Historical analysis of Montrose Environmental income statement accounts such as Gross Profit of 279.7 M can show how well Montrose Environmental Grp performed in making a profits. Evaluating Montrose Environmental income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Montrose Environmental's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Montrose Environmental latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Montrose Environmental is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About Montrose Income Statement Analysis

Montrose Environmental Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Montrose Environmental shareholders. The income statement also shows Montrose investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Montrose Environmental Income Statement Chart

At this time, Montrose Environmental's Non Recurring is most likely to increase significantly in the upcoming years. The Montrose Environmental's current Tax Provision is estimated to increase to about 3.4 M, while Total Revenue is projected to decrease to roughly 424.2 M.

Total Revenue

Total revenue comprises all receipts Montrose Environmental generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Montrose Environmental Grp minus its cost of goods sold. It is profit before Montrose Environmental operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Montrose Environmental financial statement analysis. It represents the amount of money remaining after all of Montrose Environmental Grp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Montrose Environmental. It is also known as Montrose Environmental overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Montrose Environmental's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Montrose Environmental current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Montrose Environmental's Non Recurring is most likely to increase significantly in the upcoming years. The Montrose Environmental's current Tax Provision is estimated to increase to about 3.4 M, while Total Revenue is projected to decrease to roughly 424.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit177.4M192.5M240.3M279.7M
Total Revenue546.4M544.4M624.2M424.2M

Montrose Environmental income statement Correlations

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0.620.780.520.060.00.29-0.050.510.05-0.270.390.49-0.41-0.720.250.370.40.22-0.380.470.390.47
-0.10.030.140.650.00.590.780.230.780.86-0.7-0.080.620.22-0.140.6-0.32-0.090.17-0.270.02-0.27
-0.190.110.040.030.290.590.190.460.480.180.0-0.080.120.070.010.52-0.030.06-0.060.00.080.0
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-0.010.03-0.23-0.750.39-0.70.0-0.850.13-0.45-0.89-0.07-0.91-0.240.33-0.10.540.33-0.450.490.210.49
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-0.87-0.77-0.75-0.24-0.720.220.070.060.120.160.31-0.24-0.750.290.11-0.070.050.21-0.180.080.170.08
0.020.14-0.05-0.340.25-0.140.01-0.170.5-0.14-0.20.33-0.04-0.180.110.050.630.52-0.620.580.420.57
0.050.250.20.120.370.60.520.550.50.730.48-0.1-0.14-0.02-0.070.050.120.07-0.10.110.040.11
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0.08-0.110.190.47-0.380.17-0.060.25-0.640.060.29-0.450.180.39-0.18-0.62-0.1-0.76-0.89-0.82-0.73-0.82
-0.090.16-0.21-0.510.47-0.270.0-0.240.77-0.17-0.370.49-0.2-0.440.080.580.110.960.56-0.820.691.0
0.040.24-0.02-0.120.390.020.08-0.080.60.06-0.060.21-0.01-0.160.170.420.040.510.55-0.730.690.69
-0.090.16-0.21-0.510.47-0.270.0-0.240.77-0.16-0.370.49-0.2-0.440.080.570.110.960.56-0.821.00.69
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Montrose Environmental Account Relationship Matchups

Montrose Environmental income statement Accounts

201920202021202220232024 (projected)
Interest Expense6.8M13.8M11.6M5.2M7.8M8.2M
Selling General Administrative50.7M85.5M117.7M176.3M206.9M172.8M
Total Revenue233.9M328.2M546.4M544.4M624.2M424.2M
Gross Profit69.9M112.8M177.4M192.5M240.3M279.7M
Operating Income(19.9M)(30.3M)12.4M(27.6M)(28.4M)(27.0M)
Cost Of Revenue164.0M215.5M369.0M351.9M383.9M197.2M
Income Before Tax(26.7M)(57.1M)(23.6M)(29.6M)(31.8M)(30.2M)
Net Income Applicable To Common Shares(43.2M)(106.9M)(41.7M)(48.2M)(43.4M)(45.6M)
Net Income(23.6M)(57.9M)(25.3M)(31.8M)(30.9M)(32.4M)
Income Tax Expense(3.1M)851K1.7M2.3M(980K)(931K)
Other Operating Expenses242.8M338.3M531.5M575.7M652.6M387.7M
Net Income From Continuing Ops(23.6M)(57.9M)(25.3M)(31.8M)(40.2M)(42.2M)
Ebit(19.9M)(44.7M)(16.1M)(24.3M)(24.0M)(22.8M)
Total Operating Expenses78.8M122.8M162.5M223.8M268.7M250.5M
Total Other Income Expense Net(6.8M)(34.1M)(14.2M)(1.6M)(3.4M)(3.6M)
Tax Provision(3.1M)851K1.7M2.3M3.2M3.4M
Net Interest Income(6.8M)(13.8M)(11.6M)(5.2M)(6.7M)(7.1M)
Interest Income6.8M12.4M7.5M5.2M4.7M6.9M
Depreciation And Amortization27.7M37.3M53.0M56.8M56.0M46.7M
Ebitda7.8M(7.4M)36.9M32.4M31.9M21.1M
Reconciled Depreciation27.7M37.3M53.0M56.8M55.4M46.6M

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When determining whether Montrose Environmental is a strong investment it is important to analyze Montrose Environmental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Montrose Environmental's future performance. For an informed investment choice regarding Montrose Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Montrose Environmental. If investors know Montrose will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Montrose Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.48)
Revenue Per Share
21.013
Quarterly Revenue Growth
0.064
Return On Assets
(0.01)
Return On Equity
(0.07)
The market value of Montrose Environmental is measured differently than its book value, which is the value of Montrose that is recorded on the company's balance sheet. Investors also form their own opinion of Montrose Environmental's value that differs from its market value or its book value, called intrinsic value, which is Montrose Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Montrose Environmental's market value can be influenced by many factors that don't directly affect Montrose Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Montrose Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Montrose Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montrose Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.