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Side-by-side financial comparison of Montrose Environmental Group, Inc. (MEG) and Simply Good Foods Co (SMPL). Click either name above to swap in a different company.

Simply Good Foods Co is the larger business by last-quarter revenue ($340.2M vs $193.3M, roughly 1.8× Montrose Environmental Group, Inc.). Simply Good Foods Co runs the higher net margin — 7.4% vs -4.3%, a 11.7% gap on every dollar of revenue. On growth, Montrose Environmental Group, Inc. posted the faster year-over-year revenue change (2.2% vs -0.3%). Simply Good Foods Co produced more free cash flow last quarter ($48.0M vs $46.5M). Over the past eight quarters, Montrose Environmental Group, Inc.'s revenue compounded faster (11.5% CAGR vs 3.0%).

Montrose Environmental Group, Inc. is an American multinational corporation that provides wide-ranging environmental services. The company is vertically integrated across the environmental industry and supports public and private sector clientele. Montrose is headquartered in Little Rock, Arkansas and incorporated in the U.S. state of Delaware.

Whole Foods Market, Inc. is an American multinational supermarket chain headquartered in Austin, Texas, owned wholly by Amazon, and which generally sells whole food products free from hydrogenated fats and artificial colors, flavors, and preservatives. A USDA Certified Organic grocer in the United States, the chain is popularly known for its organic selections.

MEG vs SMPL — Head-to-Head

Bigger by revenue
SMPL
SMPL
1.8× larger
SMPL
$340.2M
$193.3M
MEG
Growing faster (revenue YoY)
MEG
MEG
+2.5% gap
MEG
2.2%
-0.3%
SMPL
Higher net margin
SMPL
SMPL
11.7% more per $
SMPL
7.4%
-4.3%
MEG
More free cash flow
SMPL
SMPL
$1.5M more FCF
SMPL
$48.0M
$46.5M
MEG
Faster 2-yr revenue CAGR
MEG
MEG
Annualised
MEG
11.5%
3.0%
SMPL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MEG
MEG
SMPL
SMPL
Revenue
$193.3M
$340.2M
Net Profit
$-8.2M
$25.3M
Gross Margin
38.6%
32.3%
Operating Margin
-1.3%
11.0%
Net Margin
-4.3%
7.4%
Revenue YoY
2.2%
-0.3%
Net Profit YoY
70.9%
-33.7%
EPS (diluted)
$-0.13
$0.26

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
MEG
MEG
SMPL
SMPL
Q4 25
$193.3M
$340.2M
Q3 25
$224.9M
Q2 25
$234.5M
$381.0M
Q1 25
$177.8M
Q4 24
$189.1M
$341.3M
Q3 24
$178.7M
$375.7M
Q2 24
$173.3M
$334.8M
Q1 24
$155.3M
$312.2M
Net Profit
MEG
MEG
SMPL
SMPL
Q4 25
$-8.2M
$25.3M
Q3 25
$8.4M
Q2 25
$18.4M
$41.1M
Q1 25
$-19.4M
Q4 24
$-28.2M
$38.1M
Q3 24
$-10.6M
$29.3M
Q2 24
$-10.2M
$41.3M
Q1 24
$-13.4M
$33.1M
Gross Margin
MEG
MEG
SMPL
SMPL
Q4 25
38.6%
32.3%
Q3 25
39.4%
Q2 25
43.4%
36.4%
Q1 25
39.0%
Q4 24
40.8%
38.2%
Q3 24
40.9%
38.8%
Q2 24
39.9%
39.9%
Q1 24
37.8%
37.4%
Operating Margin
MEG
MEG
SMPL
SMPL
Q4 25
-1.3%
11.0%
Q3 25
4.4%
Q2 25
6.4%
15.6%
Q1 25
-5.9%
Q4 24
-12.1%
16.0%
Q3 24
-0.6%
12.7%
Q2 24
-1.5%
17.6%
Q1 24
-6.5%
15.4%
Net Margin
MEG
MEG
SMPL
SMPL
Q4 25
-4.3%
7.4%
Q3 25
3.7%
Q2 25
7.8%
10.8%
Q1 25
-10.9%
Q4 24
-14.9%
11.2%
Q3 24
-5.9%
7.8%
Q2 24
-5.9%
12.3%
Q1 24
-8.6%
10.6%
EPS (diluted)
MEG
MEG
SMPL
SMPL
Q4 25
$-0.13
$0.26
Q3 25
$0.21
Q2 25
$0.42
$0.40
Q1 25
$-0.64
Q4 24
$-0.91
$0.38
Q3 24
$-0.39
$0.29
Q2 24
$-0.39
$0.41
Q1 24
$-0.53
$0.33

Balance Sheet & Financial Strength

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

Metric
MEG
MEG
SMPL
SMPL
Cash + ST InvestmentsLiquidity on hand
$11.2M
$194.1M
Total DebtLower is stronger
$277.1M
Stockholders' EquityBook value
$451.2M
$1.7B
Total Assets
$981.3M
$2.5B
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEG
MEG
SMPL
SMPL
Q4 25
$11.2M
$194.1M
Q3 25
$6.7M
Q2 25
$10.5M
$98.0M
Q1 25
$30.3M
Q4 24
$12.9M
$121.8M
Q3 24
$13.0M
$132.5M
Q2 24
$16.9M
$208.7M
Q1 24
$9.5M
$135.9M
Total Debt
MEG
MEG
SMPL
SMPL
Q4 25
$277.1M
Q3 25
$302.4M
Q2 25
$264.6M
Q1 25
$235.6M
Q4 24
$204.8M
Q3 24
$233.0M
$397.5M
Q2 24
$188.7M
$237.7M
Q1 24
$280.9M
$237.7M
Stockholders' Equity
MEG
MEG
SMPL
SMPL
Q4 25
$451.2M
$1.7B
Q3 25
$458.7M
Q2 25
$470.3M
$1.8B
Q1 25
$444.1M
Q4 24
$446.3M
$1.8B
Q3 24
$449.2M
$1.7B
Q2 24
$448.8M
$1.7B
Q1 24
$324.5M
$1.6B
Total Assets
MEG
MEG
SMPL
SMPL
Q4 25
$981.3M
$2.5B
Q3 25
$985.7M
Q2 25
$998.1M
$2.4B
Q1 25
$992.2M
Q4 24
$990.4M
$2.4B
Q3 24
$1.0B
$2.4B
Q2 24
$943.9M
$2.2B
Q1 24
$918.1M
$2.1B
Debt / Equity
MEG
MEG
SMPL
SMPL
Q4 25
0.61×
Q3 25
0.66×
Q2 25
0.56×
Q1 25
0.53×
Q4 24
0.46×
Q3 24
0.52×
0.23×
Q2 24
0.42×
0.14×
Q1 24
0.87×
0.14×

Cash Flow & Capital Efficiency

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

Metric
MEG
MEG
SMPL
SMPL
Operating Cash FlowLast quarter
$51.9M
$50.1M
Free Cash FlowOCF − Capex
$46.5M
$48.0M
FCF MarginFCF / Revenue
24.1%
14.1%
Capex IntensityCapex / Revenue
2.8%
0.6%
Cash ConversionOCF / Net Profit
1.98×
TTM Free Cash FlowTrailing 4 quarters
$91.2M
$223.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEG
MEG
SMPL
SMPL
Q4 25
$51.9M
$50.1M
Q3 25
$28.1M
Q2 25
$21.9M
$101.1M
Q1 25
$5.5M
Q4 24
$32.0M
$32.0M
Q3 24
$11.4M
$48.9M
Q2 24
$894.0K
$72.8M
Q1 24
$-22.0M
$46.5M
Free Cash Flow
MEG
MEG
SMPL
SMPL
Q4 25
$46.5M
$48.0M
Q3 25
$22.3M
Q2 25
$19.9M
$98.9M
Q1 25
$2.4M
Q4 24
$29.7M
$31.7M
Q3 24
$10.2M
$45.0M
Q2 24
$-9.8M
$72.0M
Q1 24
$-29.3M
$46.1M
FCF Margin
MEG
MEG
SMPL
SMPL
Q4 25
24.1%
14.1%
Q3 25
9.9%
Q2 25
8.5%
25.9%
Q1 25
1.3%
Q4 24
15.7%
9.3%
Q3 24
5.7%
12.0%
Q2 24
-5.6%
21.5%
Q1 24
-18.9%
14.8%
Capex Intensity
MEG
MEG
SMPL
SMPL
Q4 25
2.8%
0.6%
Q3 25
2.6%
Q2 25
0.8%
0.6%
Q1 25
1.8%
Q4 24
1.2%
0.1%
Q3 24
0.6%
1.0%
Q2 24
6.1%
0.2%
Q1 24
4.7%
0.1%
Cash Conversion
MEG
MEG
SMPL
SMPL
Q4 25
1.98×
Q3 25
3.36×
Q2 25
1.19×
2.46×
Q1 25
Q4 24
0.84×
Q3 24
1.67×
Q2 24
1.76×
Q1 24
1.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MEG
MEG

Segment breakdown not available.

SMPL
SMPL

Quest$211.4M62%
Atkins Domain$79.7M23%
OWYN$28.1M8%
Other$20.9M6%

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