Mistras (MG) Gross Margin (2010 - 2026)
Mistras (MG) recorded Gross Margin of 30.32% in Q3 2026, up 0.56 percentage points from 29.76% a year earlier and up 1.09 percentage points from the prior quarter.
Mistras (MG) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Mistras' Gross Margin came in at 28.69% as of Sep 30, 2026, up 0.90 percentage points year-over-year; for FY2025, it came in at 28.25%, up 1.91 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -1.88 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 26.34% in FY2024 (+0.21 pp), 26.12% in FY2023 (-2.71 pp), 28.83% in FY2022 (-0.28 pp) and 29.12% in FY2021 (-1.01 pp).
- The Q3 2026 figure is the highest quarterly Gross Margin since Q3 2023.
- On a year-over-year basis, Gross Margin has increased for seven consecutive quarters, with an average year-over-year change of +0.76 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.99 percentage points in Q3 2025, against a drop of 3.55 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 29.23% (Q2 2026), 26.46% (Q1 2026) and 28.37% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 159.50 Bn | 117.43 Bn | 5.98 Bn | 32.04% |
| 2 | Cintas | 88.97 Bn | 88.05 Bn | 1.55 Bn | 51.54% |
| 3 | Iron Mountain | 31.77 Bn | 30.97 Bn | 1.06 Bn | 53.45% |
| 4 | Rollins | 18.19 Bn | 17.73 Bn | 582.90 Mn | 53.49% |
| 5 | APi | 17.61 Bn | 14.83 Bn | 770.00 Mn | 30.15% |
| 6 | UL Solutions | 15.91 Bn | 13.91 Bn | 423.00 Mn | 51.40% |
| 7 | Aramark | 13.83 Bn | 11.78 Bn | 430.34 Mn | 8.51% |
| 8 | Gartner | 12.12 Bn | 5.61 Bn | 1.07 Bn | 71.22% |
| 9 | Rentokil Initial | 11.93 Bn | 5.45 Bn | - | - |
| 10 | Mistras | 642.16 Mn | 548.18 Mn | 62.04 Mn | 30.32% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 30.32% |
| Jun 30, 2026 | 29.23% |
| Mar 31, 2026 | 26.46% |
| Dec 31, 2025 | 28.37% |
| Sep 30, 2025 | 29.76% |
| Jun 30, 2025 | 29.10% |
| Mar 31, 2025 | 25.30% |
| Dec 31, 2024 | 26.50% |
| Sep 30, 2024 | 26.77% |
| Jun 30, 2024 | 27.05% |
| Mar 31, 2024 | 25.02% |
| Dec 31, 2023 | 29.45% |
| Sep 30, 2023 | 30.32% |
| Jun 30, 2023 | 28.25% |
| Mar 31, 2023 | 27.42% |
| Dec 31, 2022 | 30.28% |
| Sep 30, 2022 | 30.14% |
| Jun 30, 2022 | 29.92% |
| Mar 31, 2022 | 24.68% |
| Dec 31, 2021 | 28.97% |
Mistras Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();