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Side-by-side financial comparison of Montrose Environmental Group, Inc. (MEG) and WisdomTree, Inc. (WT). Click either name above to swap in a different company.

Montrose Environmental Group, Inc. is the larger business by last-quarter revenue ($193.3M vs $147.4M, roughly 1.3× WisdomTree, Inc.). WisdomTree, Inc. runs the higher net margin — 27.1% vs -4.3%, a 31.4% gap on every dollar of revenue. On growth, WisdomTree, Inc. posted the faster year-over-year revenue change (33.2% vs 2.2%). WisdomTree, Inc. produced more free cash flow last quarter ($147.7M vs $46.5M). Over the past eight quarters, WisdomTree, Inc.'s revenue compounded faster (23.4% CAGR vs 11.5%).

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.

WisdomTree, Inc. is a global exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager with headquarters in New York. WisdomTree launched its first ETFs in June 2006, and became one of the major ETF providers in the United States. WisdomTree sponsors different ETFs that span asset classes and countries worldwide. Categories include: U.S. and International Equity, Currency, Fixed Income and Alternatives.

MEG vs WT — Head-to-Head

Bigger by revenue
MEG
MEG
1.3× larger
MEG
$193.3M
$147.4M
WT
Growing faster (revenue YoY)
WT
WT
+31.0% gap
WT
33.2%
2.2%
MEG
Higher net margin
WT
WT
31.4% more per $
WT
27.1%
-4.3%
MEG
More free cash flow
WT
WT
$101.2M more FCF
WT
$147.7M
$46.5M
MEG
Faster 2-yr revenue CAGR
WT
WT
Annualised
WT
23.4%
11.5%
MEG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MEG
MEG
WT
WT
Revenue
$193.3M
$147.4M
Net Profit
$-8.2M
$40.0M
Gross Margin
38.6%
Operating Margin
-1.3%
40.5%
Net Margin
-4.3%
27.1%
Revenue YoY
2.2%
33.2%
Net Profit YoY
70.9%
46.6%
EPS (diluted)
$-0.13
$0.28

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
WT
WT
Q4 25
$193.3M
$147.4M
Q3 25
$224.9M
$125.6M
Q2 25
$234.5M
$112.6M
Q1 25
$177.8M
$108.1M
Q4 24
$189.1M
$110.7M
Q3 24
$178.7M
$113.2M
Q2 24
$173.3M
$107.0M
Q1 24
$155.3M
$96.8M
Net Profit
MEG
MEG
WT
WT
Q4 25
$-8.2M
$40.0M
Q3 25
$8.4M
$19.7M
Q2 25
$18.4M
$24.8M
Q1 25
$-19.4M
$24.6M
Q4 24
$-28.2M
$27.3M
Q3 24
$-10.6M
$-4.5M
Q2 24
$-10.2M
$21.8M
Q1 24
$-13.4M
$22.1M
Gross Margin
MEG
MEG
WT
WT
Q4 25
38.6%
Q3 25
39.4%
Q2 25
43.4%
Q1 25
39.0%
Q4 24
40.8%
Q3 24
40.9%
Q2 24
39.9%
Q1 24
37.8%
Operating Margin
MEG
MEG
WT
WT
Q4 25
-1.3%
40.5%
Q3 25
4.4%
36.3%
Q2 25
6.4%
30.8%
Q1 25
-5.9%
31.6%
Q4 24
-12.1%
31.7%
Q3 24
-0.6%
36.0%
Q2 24
-1.5%
31.3%
Q1 24
-6.5%
28.9%
Net Margin
MEG
MEG
WT
WT
Q4 25
-4.3%
27.1%
Q3 25
3.7%
15.7%
Q2 25
7.8%
22.0%
Q1 25
-10.9%
22.8%
Q4 24
-14.9%
24.7%
Q3 24
-5.9%
-4.0%
Q2 24
-5.9%
20.3%
Q1 24
-8.6%
22.8%
EPS (diluted)
MEG
MEG
WT
WT
Q4 25
$-0.13
$0.28
Q3 25
$0.21
$0.13
Q2 25
$0.42
$0.17
Q1 25
$-0.64
$0.17
Q4 24
$-0.91
$0.20
Q3 24
$-0.39
$-0.13
Q2 24
$-0.39
$0.13
Q1 24
$-0.53
$0.13

Balance Sheet & Financial Strength

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

Metric
MEG
MEG
WT
WT
Cash + ST InvestmentsLiquidity on hand
$11.2M
Total DebtLower is stronger
$277.1M
Stockholders' EquityBook value
$451.2M
$413.7M
Total Assets
$981.3M
$1.5B
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEG
MEG
WT
WT
Q4 25
$11.2M
Q3 25
$6.7M
Q2 25
$10.5M
Q1 25
$30.3M
Q4 24
$12.9M
Q3 24
$13.0M
Q2 24
$16.9M
$132.5M
Q1 24
$9.5M
$116.9M
Total Debt
MEG
MEG
WT
WT
Q4 25
$277.1M
Q3 25
$302.4M
Q2 25
$264.6M
Q1 25
$235.6M
Q4 24
$204.8M
Q3 24
$233.0M
Q2 24
$188.7M
Q1 24
$280.9M
Stockholders' Equity
MEG
MEG
WT
WT
Q4 25
$451.2M
$413.7M
Q3 25
$458.7M
$373.4M
Q2 25
$470.3M
$445.1M
Q1 25
$444.1M
$415.6M
Q4 24
$446.3M
$400.0M
Q3 24
$449.2M
$374.9M
Q2 24
$448.8M
$445.6M
Q1 24
$324.5M
$423.2M
Total Assets
MEG
MEG
WT
WT
Q4 25
$981.3M
$1.5B
Q3 25
$985.7M
$1.4B
Q2 25
$998.1M
$1.1B
Q1 25
$992.2M
$1.0B
Q4 24
$990.4M
$1.0B
Q3 24
$1.0B
$1.0B
Q2 24
$943.9M
$964.1M
Q1 24
$918.1M
$931.7M
Debt / Equity
MEG
MEG
WT
WT
Q4 25
0.61×
Q3 25
0.66×
Q2 25
0.56×
Q1 25
0.53×
Q4 24
0.46×
Q3 24
0.52×
Q2 24
0.42×
Q1 24
0.87×

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
WT
WT
Operating Cash FlowLast quarter
$51.9M
$147.9M
Free Cash FlowOCF − Capex
$46.5M
$147.7M
FCF MarginFCF / Revenue
24.1%
100.2%
Capex IntensityCapex / Revenue
2.8%
0.1%
Cash ConversionOCF / Net Profit
3.70×
TTM Free Cash FlowTrailing 4 quarters
$91.2M
$240.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEG
MEG
WT
WT
Q4 25
$51.9M
$147.9M
Q3 25
$28.1M
$48.1M
Q2 25
$21.9M
$38.8M
Q1 25
$5.5M
$6.4M
Q4 24
$32.0M
$113.5M
Q3 24
$11.4M
$47.7M
Q2 24
$894.0K
$32.2M
Q1 24
$-22.0M
$-1.0M
Free Cash Flow
MEG
MEG
WT
WT
Q4 25
$46.5M
$147.7M
Q3 25
$22.3M
$48.0M
Q2 25
$19.9M
$38.7M
Q1 25
$2.4M
$6.3M
Q4 24
$29.7M
$113.3M
Q3 24
$10.2M
$47.7M
Q2 24
$-9.8M
$32.2M
Q1 24
$-29.3M
$-1.1M
FCF Margin
MEG
MEG
WT
WT
Q4 25
24.1%
100.2%
Q3 25
9.9%
38.2%
Q2 25
8.5%
34.4%
Q1 25
1.3%
5.9%
Q4 24
15.7%
102.4%
Q3 24
5.7%
42.1%
Q2 24
-5.6%
30.1%
Q1 24
-18.9%
-1.1%
Capex Intensity
MEG
MEG
WT
WT
Q4 25
2.8%
0.1%
Q3 25
2.6%
0.0%
Q2 25
0.8%
0.1%
Q1 25
1.8%
0.0%
Q4 24
1.2%
0.1%
Q3 24
0.6%
0.0%
Q2 24
6.1%
0.0%
Q1 24
4.7%
0.1%
Cash Conversion
MEG
MEG
WT
WT
Q4 25
3.70×
Q3 25
3.36×
2.44×
Q2 25
1.19×
1.57×
Q1 25
0.26×
Q4 24
4.15×
Q3 24
Q2 24
1.48×
Q1 24
-0.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MEG
MEG

Segment breakdown not available.

WT
WT

Investment Advisory Management And Administrative Service$122.7M83%
Other Services Income$12.7M9%
IE$11.5M8%

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