OverviewSuggest Edit

Mistras is a company that provides technology-enabled asset protection solutions. It offers field and laboratory inspections and testing, engineering services for asset integrity management, maintenance and light mechanical services, online asset-condition monitoring services, and manufacturing of inspection and monitoring equipment. The company serves the aerospace, defence, power, oil and gas, and manufacturing industries.
TypePublic
Founded1978
HQWest Windsor Township, US
Websitemistrasgroup.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Dec 2019)5,500(-3%)
Job Openings52
Revenue (FY, 2019)$748.6 M
Share Price (Aug 2020)$4.2 (+12%)
Cybersecurity ratingDMore

Key People/Management at Mistras

Sotirios J. Vahaviolos

Sotirios J. Vahaviolos

Founder and Executive Chairman
Dennis M. Bertolotti

Dennis M. Bertolotti

President and Chief Executive Officer, Director
Jonathan H. Wolk

Jonathan H. Wolk

Senior Executive Vice President and Chief Operating Officer
Michael J. Lange

Michael J. Lange

Senior Group Executive VP Business Development & Strategic Planning
Michael C. Keefe

Michael C. Keefe

Executive Vice President, General Counsel and Secretary
Edward J. Prajzner

Edward J. Prajzner

Executive Vice President, Chief Financial Officer and Treasurer
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Mistras Office Locations

Mistras has offices in West Windsor Township, Acworth, Anchorage, Auburn and in 78 other locations
West Windsor Township, US (HQ)
195 Clarksville Rd
Acworth, US
4405 New McEver Rd NW #208
Anchorage, US
2410 Azurite Ct
Auburn, US
2 Millbury St
Bakersfield, US
21215 Kratzmeyer Rd
Bellingham, US
700 Marine Dr
Show all (85)

Mistras Financials and Metrics

Mistras Revenue

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Mistras's revenue was reported to be $748.59 m in FY, 2019 which is a 0.8% increase from the previous period.
USD

Revenue (Q1, 2020)

159.5m

Net income (Q1, 2020)

(98.5m)

EBIT (Q1, 2020)

(111.2m)

Market capitalization (6-Aug-2020)

123.0m

Closing stock price (6-Aug-2020)

4.2

Cash (31-Mar-2020)

17.0m

EV

376.4m
Mistras's current market capitalization is $123 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

404.2m701.0m742.4m748.6m

Revenue growth, %

73%6%1%

Cost of goods sold

287.2m513.3m534.5m531.3m

Gross profit

117.0m187.7m207.9m217.3m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

163.3m170.4m179.6m187.6m191.8m182.2m176.8m200.6m192.2m159.5m

Cost of goods sold

120.2m124.1m131.7m139.5m136.7m129.8m127.9m140.5m134.4m

Gross profit

43.2m46.3m47.9m48.1m55.1m52.3m48.9m60.1m57.8m

Gross profit Margin, %

26%27%27%26%29%29%28%30%30%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

19.2m27.5m25.5m15.0m

Accounts Receivable

130.9m138.1m148.3m136.0m

Prepaid Expenses

16.4m18.9m15.9m14.7m

Inventories

10.0m10.5m13.1m13.4m
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

24.7m(2.2m)6.8m6.1m

Depreciation and Amortization

32.5m31.4m34.4m38.5m

Inventories

1.6m(117.0k)(2.8m)(302.0k)

Accounts Payable

254.0k2.6m2.9m1.1m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

1.7m3.9m(3.0m)2.9m8.9m7.9m(5.3m)2.2m5.2m(98.5m)

Depreciation and Amortization

7.7m15.5m23.6m8.6m17.2m25.7m9.7m19.3m28.5m9.5m

Inventories

(585.0k)(815.0k)(838.0k)(468.0k)(1.2m)(1.7m)(505.0k)(594.0k)(391.0k)(405.0k)

Accounts Payable

2.5m2.3m1.5m(732.0k)4.5m3.0m(541.0k)4.9m(261.0k)(1.5m)
USDFY, 2016

Revenue/Employee

71.5k

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.7 x
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Mistras Operating Metrics

FY, 2016FY, 2017FY, 2018FY, 2019

Countries

14 14 10 10

Facilities

120 120 125 120

Markets

8 6 6

Patents (US)

6 4 4 2
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Mistras Acquisitions / Subsidiaries

Company NameDateDeal Size
West Penn Testing GroupDecember 26, 2017
Aetos Group, Inc.
Assistances Controles Technologies
CISMIS Springfield Corp.
Conam Inspection and Engineering Services
Controles Industriels de L'entang
GMA Aeronautica S.L.U.
GMA Engineering GmbH
GMA Holding B.V.
GMA Werkstoffprufung GmbH
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Mistras Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

SecurityScorecard logo

Mistras Revenue Breakdown

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Mistras revenue breakdown by business segment: 19.0% from International, 78.5% from Services and 2.5% from Other

Mistras revenue breakdown by geographic segment: 66.1% from United States, 17.1% from Europe, 14.9% from Other Americas and 1.8% from Other

Mistras Online and Social Media Presence

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Mistras News and Updates

Mistras Group Announces Fourth Quarter and Full Year 2019 Results

Record Annual Revenue of $749 millionFull 2019 Gross Margin Expands by 100 basis points to 29%Full 2019 Operating Cash Flow Up 42% to $59 million

Mistras Group Announces Conference Call to Discuss Fourth Quarter and 2018 Year End Results on March 12, 2019

PRINCETON JUNCTION, N.J., March 06, 2019 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG) has scheduled a conference call for Tuesday, March 12, 2019 at 9:00am Eastern Time to discuss its results for the fourth quarter and fiscal year ended December 31, 2018. A press release with the fourth quart…

NDT Services Market Growth Prospects, Key Vendors, and Future Scenario & Outlook to 2023| Leading Players: Ashtead Technology, Mistras Group, Zetec, Rockwood Service

Latest research study from HTF MI provide a comprehensive analysis of the Global NDT Services Market is provided in this intelligence document. It includes the primary investigations to cover historical progress, ongoing market scenarios, and future prospects. An accurate data of the products, strat…

Mistras Group Announces Third Quarter Results

Highlights of the Third Quarter 2018*

Destructive Composites Testing Market to enjoy 'explosive growth' | Leading Key Players: Instron, Intertek Group, Mistras Group

HTF MI released a new market study on Global Destructive Composites Testing Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete as…

Mistras Frequently Asked Questions

  • When was Mistras founded?

    Mistras was founded in 1978.

  • Who are Mistras key executives?

    Mistras's key executives are Sotirios J. Vahaviolos, Dennis M. Bertolotti and Jonathan H. Wolk.

  • How many employees does Mistras have?

    Mistras has 5,500 employees.

  • What is Mistras revenue?

    Latest Mistras annual revenue is $748.6 m.

  • What is Mistras revenue per employee?

    Latest Mistras revenue per employee is $136.1 k.

  • Who are Mistras competitors?

    Competitors of Mistras include Team, Rockwood Service Corporation and GMEMS Technologies.

  • Where is Mistras headquarters?

    Mistras headquarters is located at 195 Clarksville Rd, West Windsor Township.

  • Where are Mistras offices?

    Mistras has offices in West Windsor Township, Acworth, Anchorage, Auburn and in 78 other locations.

  • How many offices does Mistras have?

    Mistras has 85 offices.