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Side-by-side financial comparison of Ametek (AME) and Mistras Group, Inc. (MG). Click either name above to swap in a different company.
Ametek is the larger business by last-quarter revenue ($2.0B vs $181.5M, roughly 11.0× Mistras Group, Inc.). Ametek runs the higher net margin — 19.9% vs 2.1%, a 17.9% gap on every dollar of revenue. On growth, Ametek posted the faster year-over-year revenue change (13.4% vs 5.1%). Ametek produced more free cash flow last quarter ($527.3M vs $26.0M). Over the past eight quarters, Ametek's revenue compounded faster (7.3% CAGR vs -0.8%).
AMETEK, Inc. is an American multinational conglomerate and global designer and manufacturer of electronic instruments and electromechanical devices with headquarters in the United States and over 150 sites worldwide.
Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.
AME vs MG — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $181.5M |
| Net Profit | $398.6M | $3.8M |
| Gross Margin | 36.0% | 28.4% |
| Operating Margin | 25.3% | 7.0% |
| Net Margin | 19.9% | 2.1% |
| Revenue YoY | 13.4% | 5.1% |
| Net Profit YoY | 2.9% | -27.4% |
| EPS (diluted) | $1.73 | $0.12 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.0B | $181.5M | ||
| Q3 25 | $1.9B | $195.5M | ||
| Q2 25 | $1.8B | $185.4M | ||
| Q1 25 | $1.7B | $161.6M | ||
| Q4 24 | $1.8B | $172.7M | ||
| Q3 24 | $1.7B | $182.7M | ||
| Q2 24 | $1.7B | $189.8M | ||
| Q1 24 | $1.7B | $184.4M |
| Q4 25 | $398.6M | $3.8M | ||
| Q3 25 | $371.4M | $13.1M | ||
| Q2 25 | $358.4M | $3.0M | ||
| Q1 25 | $351.8M | $-3.2M | ||
| Q4 24 | $387.3M | $5.2M | ||
| Q3 24 | $340.2M | $6.4M | ||
| Q2 24 | $337.7M | $6.4M | ||
| Q1 24 | $310.9M | $995.0K |
| Q4 25 | 36.0% | 28.4% | ||
| Q3 25 | 36.3% | 29.8% | ||
| Q2 25 | 35.8% | 29.1% | ||
| Q1 25 | 36.1% | 25.3% | ||
| Q4 24 | 36.6% | 26.5% | ||
| Q3 24 | 36.0% | 26.8% | ||
| Q2 24 | 36.0% | 27.1% | ||
| Q1 24 | 34.1% | 25.0% |
| Q4 25 | 25.3% | 7.0% | ||
| Q3 25 | 25.8% | 10.4% | ||
| Q2 25 | 26.0% | 4.5% | ||
| Q1 25 | 26.3% | -0.6% | ||
| Q4 24 | 26.6% | 6.1% | ||
| Q3 24 | 26.1% | 6.5% | ||
| Q2 24 | 25.8% | 6.3% | ||
| Q1 24 | 24.0% | 3.0% |
| Q4 25 | 19.9% | 2.1% | ||
| Q3 25 | 19.6% | 6.7% | ||
| Q2 25 | 20.2% | 1.6% | ||
| Q1 25 | 20.3% | -2.0% | ||
| Q4 24 | 22.0% | 3.0% | ||
| Q3 24 | 19.9% | 3.5% | ||
| Q2 24 | 19.5% | 3.4% | ||
| Q1 24 | 17.9% | 0.5% |
| Q4 25 | $1.73 | $0.12 | ||
| Q3 25 | $1.60 | $0.41 | ||
| Q2 25 | $1.55 | $0.10 | ||
| Q1 25 | $1.52 | $-0.10 | ||
| Q4 24 | $1.67 | $0.17 | ||
| Q3 24 | $1.47 | $0.20 | ||
| Q2 24 | $1.45 | $0.20 | ||
| Q1 24 | $1.34 | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $458.0M | $28.0M |
| Total DebtLower is stronger | $2.3B | $178.0M |
| Stockholders' EquityBook value | $10.6B | $235.1M |
| Total Assets | $16.1B | $578.8M |
| Debt / EquityLower = less leverage | 0.21× | 0.76× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $458.0M | $28.0M | ||
| Q3 25 | $439.2M | $27.8M | ||
| Q2 25 | $619.7M | $20.0M | ||
| Q1 25 | $399.0M | $18.5M | ||
| Q4 24 | $374.0M | $18.3M | ||
| Q3 24 | $396.3M | $20.4M | ||
| Q2 24 | $396.6M | $17.2M | ||
| Q1 24 | $373.8M | $16.9M |
| Q4 25 | $2.3B | $178.0M | ||
| Q3 25 | — | $202.3M | ||
| Q2 25 | — | $189.4M | ||
| Q1 25 | — | $171.9M | ||
| Q4 24 | $2.1B | $169.6M | ||
| Q3 24 | — | $189.7M | ||
| Q2 24 | — | $199.7M | ||
| Q1 24 | — | $198.4M |
| Q4 25 | $10.6B | $235.1M | ||
| Q3 25 | $10.5B | $227.4M | ||
| Q2 25 | $10.4B | $215.8M | ||
| Q1 25 | $10.0B | $198.7M | ||
| Q4 24 | $9.7B | $198.6M | ||
| Q3 24 | $9.6B | $205.2M | ||
| Q2 24 | $9.3B | $193.2M | ||
| Q1 24 | $9.0B | $187.1M |
| Q4 25 | $16.1B | $578.8M | ||
| Q3 25 | $16.2B | $596.3M | ||
| Q2 25 | $15.3B | $571.0M | ||
| Q1 25 | $14.9B | $526.8M | ||
| Q4 24 | $14.6B | $523.0M | ||
| Q3 24 | $14.8B | $551.7M | ||
| Q2 24 | $14.8B | $548.1M | ||
| Q1 24 | $14.9B | $542.1M |
| Q4 25 | 0.21× | 0.76× | ||
| Q3 25 | — | 0.89× | ||
| Q2 25 | — | 0.88× | ||
| Q1 25 | — | 0.87× | ||
| Q4 24 | 0.22× | 0.85× | ||
| Q3 24 | — | 0.92× | ||
| Q2 24 | — | 1.03× | ||
| Q1 24 | — | 1.06× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $584.3M | $32.1M |
| Free Cash FlowOCF − Capex | $527.3M | $26.0M |
| FCF MarginFCF / Revenue | 26.4% | 14.3% |
| Capex IntensityCapex / Revenue | 2.9% | 3.4% |
| Cash ConversionOCF / Net Profit | 1.47× | 8.55× |
| TTM Free Cash FlowTrailing 4 quarters | $1.7B | $8.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $584.3M | $32.1M | ||
| Q3 25 | $440.9M | $4.5M | ||
| Q2 25 | $359.1M | $-9.3M | ||
| Q1 25 | $417.5M | $5.6M | ||
| Q4 24 | $550.0M | $25.7M | ||
| Q3 24 | $487.2M | $19.4M | ||
| Q2 24 | $381.4M | $4.5M | ||
| Q1 24 | $410.2M | $604.0K |
| Q4 25 | $527.3M | $26.0M | ||
| Q3 25 | $420.0M | $-4.1M | ||
| Q2 25 | $329.8M | $-14.7M | ||
| Q1 25 | $394.5M | $1.1M | ||
| Q4 24 | $498.3M | $22.1M | ||
| Q3 24 | $460.9M | $14.6M | ||
| Q2 24 | $360.0M | $-284.0K | ||
| Q1 24 | $382.6M | $-4.2M |
| Q4 25 | 26.4% | 14.3% | ||
| Q3 25 | 22.2% | -2.1% | ||
| Q2 25 | 18.5% | -7.9% | ||
| Q1 25 | 22.8% | 0.7% | ||
| Q4 24 | 28.3% | 12.8% | ||
| Q3 24 | 27.0% | 8.0% | ||
| Q2 24 | 20.8% | -0.1% | ||
| Q1 24 | 22.0% | -2.3% |
| Q4 25 | 2.9% | 3.4% | ||
| Q3 25 | 1.1% | 4.4% | ||
| Q2 25 | 1.6% | 2.9% | ||
| Q1 25 | 1.3% | 2.8% | ||
| Q4 24 | 2.9% | 2.1% | ||
| Q3 24 | 1.5% | 2.6% | ||
| Q2 24 | 1.2% | 2.5% | ||
| Q1 24 | 1.6% | 2.6% |
| Q4 25 | 1.47× | 8.55× | ||
| Q3 25 | 1.19× | 0.34× | ||
| Q2 25 | 1.00× | -3.07× | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 1.42× | 4.96× | ||
| Q3 24 | 1.43× | 3.02× | ||
| Q2 24 | 1.13× | 0.71× | ||
| Q1 24 | 1.32× | 0.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AME
| Transferred At Point In Time | $1.1B | 54% |
| Electronic Instruments Group | $620.1M | 31% |
| Transferred Over Time | $294.6M | 15% |
MG
Segment breakdown not available.
