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Side-by-side financial comparison of FIRST COMMONWEALTH FINANCIAL CORP (FCF) and Mistras Group, Inc. (MG). Click either name above to swap in a different company.

Mistras Group, Inc. is the larger business by last-quarter revenue ($181.5M vs $133.7M, roughly 1.4× FIRST COMMONWEALTH FINANCIAL CORP). FIRST COMMONWEALTH FINANCIAL CORP runs the higher net margin — 28.1% vs 2.1%, a 26.0% gap on every dollar of revenue. On growth, FIRST COMMONWEALTH FINANCIAL CORP posted the faster year-over-year revenue change (13.0% vs 5.1%). Over the past eight quarters, FIRST COMMONWEALTH FINANCIAL CORP's revenue compounded faster (5.5% CAGR vs -0.8%).

First Commonwealth Financial Corp is a Pennsylvania-based regional financial services holding company. It offers consumer and commercial banking products, loans, wealth management, and insurance services for individuals, small and mid-sized enterprises across central and western Pennsylvania and Ohio.

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.

FCF vs MG — Head-to-Head

Bigger by revenue
MG
MG
1.4× larger
MG
$181.5M
$133.7M
FCF
Growing faster (revenue YoY)
FCF
FCF
+7.9% gap
FCF
13.0%
5.1%
MG
Higher net margin
FCF
FCF
26.0% more per $
FCF
28.1%
2.1%
MG
Faster 2-yr revenue CAGR
FCF
FCF
Annualised
FCF
5.5%
-0.8%
MG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FCF
FCF
MG
MG
Revenue
$133.7M
$181.5M
Net Profit
$37.5M
$3.8M
Gross Margin
28.4%
Operating Margin
7.0%
Net Margin
28.1%
2.1%
Revenue YoY
13.0%
5.1%
Net Profit YoY
14.8%
-27.4%
EPS (diluted)
$0.37
$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
FCF
FCF
MG
MG
Q1 26
$133.7M
Q4 25
$137.9M
$181.5M
Q3 25
$136.0M
$195.5M
Q2 25
$131.0M
$185.4M
Q1 25
$118.0M
$161.6M
Q4 24
$120.4M
$172.7M
Q3 24
$121.2M
$182.7M
Q2 24
$120.2M
$189.8M
Net Profit
FCF
FCF
MG
MG
Q1 26
$37.5M
Q4 25
$44.9M
$3.8M
Q3 25
$41.3M
$13.1M
Q2 25
$33.4M
$3.0M
Q1 25
$32.7M
$-3.2M
Q4 24
$35.8M
$5.2M
Q3 24
$32.1M
$6.4M
Q2 24
$37.1M
$6.4M
Gross Margin
FCF
FCF
MG
MG
Q1 26
Q4 25
28.4%
Q3 25
29.8%
Q2 25
29.1%
Q1 25
25.3%
Q4 24
26.5%
Q3 24
26.8%
Q2 24
27.1%
Operating Margin
FCF
FCF
MG
MG
Q1 26
Q4 25
40.9%
7.0%
Q3 25
38.1%
10.4%
Q2 25
32.1%
4.5%
Q1 25
34.8%
-0.6%
Q4 24
37.1%
6.1%
Q3 24
33.4%
6.5%
Q2 24
38.7%
6.3%
Net Margin
FCF
FCF
MG
MG
Q1 26
28.1%
Q4 25
32.5%
2.1%
Q3 25
30.4%
6.7%
Q2 25
25.5%
1.6%
Q1 25
27.7%
-2.0%
Q4 24
29.8%
3.0%
Q3 24
26.5%
3.5%
Q2 24
30.9%
3.4%
EPS (diluted)
FCF
FCF
MG
MG
Q1 26
$0.37
Q4 25
$0.44
$0.12
Q3 25
$0.39
$0.41
Q2 25
$0.32
$0.10
Q1 25
$0.32
$-0.10
Q4 24
$0.35
$0.17
Q3 24
$0.31
$0.20
Q2 24
$0.36
$0.20

Balance Sheet & Financial Strength

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

Metric
FCF
FCF
MG
MG
Cash + ST InvestmentsLiquidity on hand
$28.0M
Total DebtLower is stronger
$154.9M
$178.0M
Stockholders' EquityBook value
$1.6B
$235.1M
Total Assets
$12.3B
$578.8M
Debt / EquityLower = less leverage
0.10×
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCF
FCF
MG
MG
Q1 26
Q4 25
$28.0M
Q3 25
$27.8M
Q2 25
$20.0M
Q1 25
$18.5M
Q4 24
$18.3M
Q3 24
$20.4M
Q2 24
$17.2M
Total Debt
FCF
FCF
MG
MG
Q1 26
$154.9M
Q4 25
$261.7M
$178.0M
Q3 25
$262.1M
$202.3M
Q2 25
$262.4M
$189.4M
Q1 25
$262.7M
$171.9M
Q4 24
$263.0M
$169.6M
Q3 24
$136.3M
$189.7M
Q2 24
$136.6M
$199.7M
Stockholders' Equity
FCF
FCF
MG
MG
Q1 26
$1.6B
Q4 25
$1.6B
$235.1M
Q3 25
$1.5B
$227.4M
Q2 25
$1.5B
$215.8M
Q1 25
$1.4B
$198.7M
Q4 24
$1.4B
$198.6M
Q3 24
$1.4B
$205.2M
Q2 24
$1.4B
$193.2M
Total Assets
FCF
FCF
MG
MG
Q1 26
$12.3B
Q4 25
$12.3B
$578.8M
Q3 25
$12.3B
$596.3M
Q2 25
$12.2B
$571.0M
Q1 25
$11.8B
$526.8M
Q4 24
$11.6B
$523.0M
Q3 24
$12.0B
$551.7M
Q2 24
$11.6B
$548.1M
Debt / Equity
FCF
FCF
MG
MG
Q1 26
0.10×
Q4 25
0.17×
0.76×
Q3 25
0.17×
0.89×
Q2 25
0.17×
0.88×
Q1 25
0.18×
0.87×
Q4 24
0.19×
0.85×
Q3 24
0.10×
0.92×
Q2 24
0.10×
1.03×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FCF
FCF
MG
MG
Operating Cash FlowLast quarter
$32.1M
Free Cash FlowOCF − Capex
$26.0M
FCF MarginFCF / Revenue
14.3%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
8.55×
TTM Free Cash FlowTrailing 4 quarters
$8.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCF
FCF
MG
MG
Q1 26
Q4 25
$187.5M
$32.1M
Q3 25
$49.5M
$4.5M
Q2 25
$30.4M
$-9.3M
Q1 25
$55.9M
$5.6M
Q4 24
$129.5M
$25.7M
Q3 24
$53.6M
$19.4M
Q2 24
$22.7M
$4.5M
Free Cash Flow
FCF
FCF
MG
MG
Q1 26
Q4 25
$171.5M
$26.0M
Q3 25
$-4.1M
Q2 25
$-14.7M
Q1 25
$1.1M
Q4 24
$113.9M
$22.1M
Q3 24
$14.6M
Q2 24
$-284.0K
FCF Margin
FCF
FCF
MG
MG
Q1 26
Q4 25
124.3%
14.3%
Q3 25
-2.1%
Q2 25
-7.9%
Q1 25
0.7%
Q4 24
94.6%
12.8%
Q3 24
8.0%
Q2 24
-0.1%
Capex Intensity
FCF
FCF
MG
MG
Q1 26
Q4 25
11.7%
3.4%
Q3 25
4.4%
Q2 25
2.9%
Q1 25
2.8%
Q4 24
12.9%
2.1%
Q3 24
2.6%
Q2 24
2.5%
Cash Conversion
FCF
FCF
MG
MG
Q1 26
Q4 25
4.18×
8.55×
Q3 25
1.20×
0.34×
Q2 25
0.91×
-3.07×
Q1 25
1.71×
Q4 24
3.61×
4.96×
Q3 24
1.67×
3.02×
Q2 24
0.61×
0.71×

Financial Flow Comparison

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

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