Montrose Environmental(MEG)

Search documents
Montrose Selected By Energy Major to Deliver Methane Monitoring at Scale
Prnewswire· 2025-04-14 13:00
Core Insights - Montrose Environmental Group has been selected by a public multinational energy company to support emissions monitoring, with a project valued at over $3 million for 2025, indicating sustained demand from key clients [1] - The company aims to help clients minimize greenhouse gas emissions and reduce costs, achieving approximately 60% reduction in reported emissions compared to default EPA factors [2] - Montrose has one of the largest air quality teams in North America, providing emissions solutions that benefit both the environment and industry, even amidst regulatory uncertainties [3] Company Overview - Montrose Environmental Group employs around 3,410 individuals across 120 locations globally, combining local knowledge with an integrated approach to address unique project requirements [4] - The company offers a wide range of services including air measurement, regulatory compliance, environmental emergency response, permitting, engineering, and remediation [4]
Montrose Environmental Affirms 2025 Guidance Given Continuation of Strong Demand for Services
Prnewswire· 2025-04-09 21:09
LITTLE ROCK, Ark., April 9, 2025 /PRNewswire/ -- Montrose Environmental Group, Inc. (the "Company", "Montrose" or "MEG") (NYSE: MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us, and aims to enhance environmental stewardship and economic development. The Company is providing an interim update to highlight continued strong business performance and affirm 2025 revenue, consolidated adjusted EBITDA, organic growth, and environmental response guidance. The c ...
Montrose Environmental Group Wins Four Environment+Energy Leader Awards
Prnewswire· 2025-04-02 13:00
Recognized for Top Product Business & Infrastructure and three Top Project Environmental Impact LITTLE ROCK, Ark., April 2, 2025 /PRNewswire/ -- Montrose Environmental Group (NYSE: MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us. The company recently earned four wins in the prestigious E+E Leader Product & Project Awards for: The E+E Leader Product & Project Awards is an annual program recognizing excellence in products and services that provide compa ...
MEG or CWST: Which Is the Better Value Stock Right Now?
ZACKS· 2025-03-24 16:45
Investors with an interest in Waste Removal Services stocks have likely encountered both Montrose Environmental (MEG) and Casella (CWST) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style ...
MEG Energy: Outperforming Despite Highest Perceived Sensitivity To Tariffs
Seeking Alpha· 2025-03-17 21:25
Group 1 - The Conservative Income Portfolio targets high-value stocks with significant margins of safety and aims to reduce volatility through well-priced options [1][3] - The Enhanced Equity Income Solutions Portfolio is designed to generate yields of 7-9% while minimizing volatility [1] - Trapping Value provides Covered Calls and focuses on capital preservation, while the Fixed Income Portfolio emphasizes high income potential and undervalued securities [2][3] Group 2 - MEG Energy has received a Buy rating after a period of cautious observation, indicating a positive outlook for the company [2] - The team behind Trapping Value has over 40 years of combined experience in generating options income and capital preservation [3]
MEG vs. CWST: Which Stock Is the Better Value Option?
ZACKS· 2025-03-06 17:45
Core Insights - The article compares two stocks in the Waste Removal Services sector: Montrose Environmental (MEG) and Casella (CWST), evaluating which presents a better value opportunity for investors [1] Valuation Metrics - Both MEG and CWST currently hold a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and improving earnings outlooks [3] - MEG has a forward P/E ratio of 17.77, significantly lower than CWST's forward P/E of 96.09, suggesting MEG is more attractively priced [5] - MEG's PEG ratio is 0.49, while CWST's PEG ratio is 3.73, indicating that MEG is expected to grow earnings at a more favorable rate relative to its price [5] - MEG's P/B ratio stands at 1.53, compared to CWST's P/B of 4.56, further supporting the notion that MEG is undervalued relative to its book value [6] - Based on these valuation metrics, MEG is assigned a Value grade of B, while CWST receives a Value grade of C, reinforcing MEG's position as the superior value option [6]
Laboratory Expertise Drives Growth for Montrose Environmental Group While Fostering Community Health and Safety
Prnewswire· 2025-03-04 14:00
Core Insights - Montrose Environmental Group reported a 13.8% year-over-year growth in its Measurement & Analysis segment, driven by strong client partnerships and quick turnaround analytical results [1] - The company emphasizes its commitment to environmental stewardship while supporting industrial progress, providing reliable data-informed decisions for clients [1][3] - Montrose has over 60 industry accreditations, including being the first lab accredited for EPA Method 327, which enhances its credibility in delivering accurate and defensible data [2] Client Relationships - Clients value Montrose for its regulatory knowledge and ability to provide timely, high-quality service, which has established long-term partnerships [2] - The company has successfully managed over 200 projects for Aqua Virginia, demonstrating its capacity to deliver knowledge and solutions for complex environmental challenges [2] - Montrose's responsiveness and quality of service have been highlighted as unmatched by clients, reinforcing its reputation in the industry [2][3] Service Offerings - Montrose provides a comprehensive range of environmental solutions, including air measurement, laboratory services, regulatory compliance, and emergency response [4] - The company employs approximately 3,400 employees across more than 100 locations globally, allowing it to effectively address unique project requirements [4] - Montrose's focus on science and innovation is aimed at fostering a healthier and more sustainable world, addressing critical issues such as emerging contaminants [3]
Montrose Environmental(MEG) - 2024 Q4 - Annual Report
2025-03-03 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-39394 Montrose Environmental Group, Inc. (Exact name of Registrant as specified in its Charter) Delaware 46-4195044 (State or other j ...
Montrose Environmental Group Selected by US Air Force as One of Top Environmental Firms for $1.5 Billion MATOC Contract
Prnewswire· 2025-03-03 14:00
Montrose to support environmental restoration and planning work at Air Force installations worldwide over the next 10 yearsLITTLE ROCK, Ark., March 3, 2025 /PRNewswire/ -- Montrose Environmental Group (NYSE: MEG) is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds us. The company has been selected as one of the top environmental firms by the United States Air Force for the Multiple Award Task Order Contract (MATOC). Under this contract, Montrose, in partnership wi ...
Montrose Environmental(MEG) - 2024 Q4 - Earnings Call Transcript
2025-02-28 10:17
Financial Data and Key Metrics Changes - Montrose Environmental Group reported record revenue of $696.4 million for 2024, representing an 11.6% increase compared to 2023 [33] - Consolidated adjusted EBITDA for 2024 reached $95.8 million, up from $78.6 million in 2023, with an adjusted EBITDA margin of 13.8%, an increase of 120 basis points [10][34] - The company achieved a diluted adjusted net income per share of $1.08 for 2024, a slight increase from $1.07 in the previous year [35] Business Line Data and Key Metrics Changes - The Assessment, Permitting and Response segment reported fourth quarter revenue of $50.8 million, a slight increase from $50.1 million in the prior year [37] - The Measurements and Analysis segment saw a revenue increase of 21.3% to $65.5 million in the fourth quarter [38] - The Remediation and Reuse segment's fourth quarter revenue increased by 18.2% to $72.8 million, with adjusted EBITDA rising 53% to $12.7 million [39] Market Data and Key Metrics Changes - Approximately 20% of Montrose's revenue originated from international markets, including Canada, Australia, and Europe, a significant increase from 4% in 2021 [13] - The company noted strong performance in Canada and Australia, particularly in treatment technology services [14] Company Strategy and Development Direction - Montrose aims to simplify its balance sheet by redeeming $60 million of preferred stock in April 2025 and the remaining $62 million by the end of 2025 [22] - The company is temporarily deemphasizing M&A to focus on balance sheet optimization while maintaining a long-term strategy that includes acquisitions [23] - Montrose's integrated business model, supported by a portfolio of 24 patents, is expected to continue differentiating the company in the market [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to perform well under the new U.S. administration, citing historical growth during previous administrations [15] - The company anticipates 2025 revenue guidance of $735 million to $785 million and adjusted EBITDA of $101 million to $108 million, reflecting continued organic growth [28][47] - Management highlighted the importance of state-level regulations driving demand for treatment technologies, which provides stability for the business [17] Other Important Information - The company reported a leverage ratio of 2.1x and ample liquidity of approximately $300 million as of December 31, 2024 [46] - Montrose's cash flow from operating activities for the full year was $22.2 million, down from $56 million in the prior year, primarily due to increased working capital [41] Q&A Session Summary Question: Concerns about EBITDA margin guidance for 2025 - Management acknowledged the potential for continued margin expansion but indicated that the guidance reflects a steady outlook based on strong performance in 2024 [58][60] Question: Cash flow conversion expectations - Management explained that lower cash flow conversion in 2024 was due to timing issues related to receivables and expressed confidence in achieving the 50% target in 2025 [64][66] Question: Changes in project timelines post-election - Management reported no significant changes in project timelines and noted that client activity remains strong [76][80] Question: Cross-selling initiatives and organic growth - Management highlighted that over 50% of revenue is driven by cross-selling, with strong traction in clients purchasing multiple services [82][84] Question: International revenue growth potential - Management indicated that while international revenue is growing, the company will remain predominantly North America-based for the time being [96][97]