vs

Side-by-side financial comparison of Amphastar Pharmaceuticals, Inc. (AMPH) and Mistras Group, Inc. (MG). Click either name above to swap in a different company.

Amphastar Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($183.1M vs $181.5M, roughly 1.0× Mistras Group, Inc.). Amphastar Pharmaceuticals, Inc. runs the higher net margin — 13.3% vs 2.1%, a 11.3% gap on every dollar of revenue. On growth, Mistras Group, Inc. posted the faster year-over-year revenue change (5.1% vs -1.8%). Mistras Group, Inc. produced more free cash flow last quarter ($26.0M vs $24.6M). Over the past eight quarters, Amphastar Pharmaceuticals, Inc.'s revenue compounded faster (3.2% CAGR vs -0.8%).

Amphastar Pharmaceuticals is a publicly traded American speciality pharmaceutical company. It was incorporated in May 2004 and primarily develops, manufactures, and sells inhalation and intranasal products.

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.

AMPH vs MG — Head-to-Head

Bigger by revenue
AMPH
AMPH
1.0× larger
AMPH
$183.1M
$181.5M
MG
Growing faster (revenue YoY)
MG
MG
+6.9% gap
MG
5.1%
-1.8%
AMPH
Higher net margin
AMPH
AMPH
11.3% more per $
AMPH
13.3%
2.1%
MG
More free cash flow
MG
MG
$1.4M more FCF
MG
$26.0M
$24.6M
AMPH
Faster 2-yr revenue CAGR
AMPH
AMPH
Annualised
AMPH
3.2%
-0.8%
MG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMPH
AMPH
MG
MG
Revenue
$183.1M
$181.5M
Net Profit
$24.4M
$3.8M
Gross Margin
46.8%
28.4%
Operating Margin
19.4%
7.0%
Net Margin
13.3%
2.1%
Revenue YoY
-1.8%
5.1%
Net Profit YoY
-35.7%
-27.4%
EPS (diluted)
$0.51
$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.

Revenue
AMPH
AMPH
MG
MG
Q4 25
$183.1M
$181.5M
Q3 25
$191.8M
$195.5M
Q2 25
$174.4M
$185.4M
Q1 25
$170.5M
$161.6M
Q4 24
$186.5M
$172.7M
Q3 24
$191.2M
$182.7M
Q2 24
$182.4M
$189.8M
Q1 24
$171.8M
$184.4M
Net Profit
AMPH
AMPH
MG
MG
Q4 25
$24.4M
$3.8M
Q3 25
$17.4M
$13.1M
Q2 25
$31.0M
$3.0M
Q1 25
$25.3M
$-3.2M
Q4 24
$38.0M
$5.2M
Q3 24
$40.4M
$6.4M
Q2 24
$37.9M
$6.4M
Q1 24
$43.2M
$995.0K
Gross Margin
AMPH
AMPH
MG
MG
Q4 25
46.8%
28.4%
Q3 25
51.4%
29.8%
Q2 25
49.6%
29.1%
Q1 25
50.0%
25.3%
Q4 24
46.5%
26.5%
Q3 24
53.3%
26.8%
Q2 24
52.2%
27.1%
Q1 24
52.4%
25.0%
Operating Margin
AMPH
AMPH
MG
MG
Q4 25
19.4%
7.0%
Q3 25
13.2%
10.4%
Q2 25
24.2%
4.5%
Q1 25
21.9%
-0.6%
Q4 24
24.2%
6.1%
Q3 24
29.8%
6.5%
Q2 24
30.3%
6.3%
Q1 24
27.9%
3.0%
Net Margin
AMPH
AMPH
MG
MG
Q4 25
13.3%
2.1%
Q3 25
9.0%
6.7%
Q2 25
17.8%
1.6%
Q1 25
14.8%
-2.0%
Q4 24
20.4%
3.0%
Q3 24
21.1%
3.5%
Q2 24
20.8%
3.4%
Q1 24
25.1%
0.5%
EPS (diluted)
AMPH
AMPH
MG
MG
Q4 25
$0.51
$0.12
Q3 25
$0.37
$0.41
Q2 25
$0.64
$0.10
Q1 25
$0.51
$-0.10
Q4 24
$0.74
$0.17
Q3 24
$0.78
$0.20
Q2 24
$0.73
$0.20
Q1 24
$0.81
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMPH
AMPH
MG
MG
Cash + ST InvestmentsLiquidity on hand
$282.8M
$28.0M
Total DebtLower is stronger
$608.7M
$178.0M
Stockholders' EquityBook value
$788.8M
$235.1M
Total Assets
$1.6B
$578.8M
Debt / EquityLower = less leverage
0.77×
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMPH
AMPH
MG
MG
Q4 25
$282.8M
$28.0M
Q3 25
$276.2M
$27.8M
Q2 25
$231.8M
$20.0M
Q1 25
$236.9M
$18.5M
Q4 24
$221.6M
$18.3M
Q3 24
$250.5M
$20.4M
Q2 24
$217.8M
$17.2M
Q1 24
$289.6M
$16.9M
Total Debt
AMPH
AMPH
MG
MG
Q4 25
$608.7M
$178.0M
Q3 25
$608.6M
$202.3M
Q2 25
$607.7M
$189.4M
Q1 25
$603.9M
$171.9M
Q4 24
$601.6M
$169.6M
Q3 24
$596.4M
$189.7M
Q2 24
$586.9M
$199.7M
Q1 24
$594.0M
$198.4M
Stockholders' Equity
AMPH
AMPH
MG
MG
Q4 25
$788.8M
$235.1M
Q3 25
$776.7M
$227.4M
Q2 25
$757.5M
$215.8M
Q1 25
$751.3M
$198.7M
Q4 24
$732.3M
$198.6M
Q3 24
$727.7M
$205.2M
Q2 24
$713.3M
$193.2M
Q1 24
$672.4M
$187.1M
Total Assets
AMPH
AMPH
MG
MG
Q4 25
$1.6B
$578.8M
Q3 25
$1.7B
$596.3M
Q2 25
$1.6B
$571.0M
Q1 25
$1.6B
$526.8M
Q4 24
$1.6B
$523.0M
Q3 24
$1.5B
$551.7M
Q2 24
$1.5B
$548.1M
Q1 24
$1.6B
$542.1M
Debt / Equity
AMPH
AMPH
MG
MG
Q4 25
0.77×
0.76×
Q3 25
0.78×
0.89×
Q2 25
0.80×
0.88×
Q1 25
0.80×
0.87×
Q4 24
0.82×
0.85×
Q3 24
0.82×
0.92×
Q2 24
0.82×
1.03×
Q1 24
0.88×
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
AMPH
AMPH
MG
MG
Operating Cash FlowLast quarter
$32.9M
$32.1M
Free Cash FlowOCF − Capex
$24.6M
$26.0M
FCF MarginFCF / Revenue
13.4%
14.3%
Capex IntensityCapex / Revenue
4.5%
3.4%
Cash ConversionOCF / Net Profit
1.35×
8.55×
TTM Free Cash FlowTrailing 4 quarters
$121.2M
$8.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMPH
AMPH
MG
MG
Q4 25
$32.9M
$32.1M
Q3 25
$52.6M
$4.5M
Q2 25
$35.6M
$-9.3M
Q1 25
$35.1M
$5.6M
Q4 24
$29.0M
$25.7M
Q3 24
$60.0M
$19.4M
Q2 24
$69.1M
$4.5M
Q1 24
$55.3M
$604.0K
Free Cash Flow
AMPH
AMPH
MG
MG
Q4 25
$24.6M
$26.0M
Q3 25
$47.2M
$-4.1M
Q2 25
$25.0M
$-14.7M
Q1 25
$24.4M
$1.1M
Q4 24
$16.6M
$22.1M
Q3 24
$46.2M
$14.6M
Q2 24
$63.1M
$-284.0K
Q1 24
$46.5M
$-4.2M
FCF Margin
AMPH
AMPH
MG
MG
Q4 25
13.4%
14.3%
Q3 25
24.6%
-2.1%
Q2 25
14.3%
-7.9%
Q1 25
14.3%
0.7%
Q4 24
8.9%
12.8%
Q3 24
24.1%
8.0%
Q2 24
34.6%
-0.1%
Q1 24
27.1%
-2.3%
Capex Intensity
AMPH
AMPH
MG
MG
Q4 25
4.5%
3.4%
Q3 25
2.8%
4.4%
Q2 25
6.1%
2.9%
Q1 25
6.3%
2.8%
Q4 24
6.7%
2.1%
Q3 24
7.2%
2.6%
Q2 24
3.3%
2.5%
Q1 24
5.1%
2.6%
Cash Conversion
AMPH
AMPH
MG
MG
Q4 25
1.35×
8.55×
Q3 25
3.03×
0.34×
Q2 25
1.15×
-3.07×
Q1 25
1.39×
Q4 24
0.76×
4.96×
Q3 24
1.48×
3.02×
Q2 24
1.82×
0.71×
Q1 24
1.28×
0.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMPH
AMPH

Other Products$62.4M34%
Baqsimi$46.7M26%
Primatenemist$27.9M15%
Epinephrine$17.1M9%
Lidocaine$14.9M8%
Glucagon$14.1M8%

MG
MG

Segment breakdown not available.

Related Comparisons