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Side-by-side financial comparison of Mistras Group, Inc. (MG) and ROGERS CORP (ROG). Click either name above to swap in a different company.
ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $181.5M, roughly 1.1× Mistras Group, Inc.). ROGERS CORP runs the higher net margin — 2.2% vs 2.1%, a 0.2% gap on every dollar of revenue. On growth, ROGERS CORP posted the faster year-over-year revenue change (5.2% vs 5.1%). Mistras Group, Inc. produced more free cash flow last quarter ($26.0M vs $1.1M). Over the past eight quarters, Mistras Group, Inc.'s revenue compounded faster (-0.8% CAGR vs -3.3%).
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.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
MG vs ROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $181.5M | $200.5M |
| Net Profit | $3.8M | $4.5M |
| Gross Margin | 28.4% | 32.2% |
| Operating Margin | 7.0% | — |
| Net Margin | 2.1% | 2.2% |
| Revenue YoY | 5.1% | 5.2% |
| Net Profit YoY | -27.4% | 421.4% |
| EPS (diluted) | $0.12 | $0.25 |
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.
| Q1 26 | — | $200.5M | ||
| Q4 25 | $181.5M | $201.5M | ||
| Q3 25 | $195.5M | $216.0M | ||
| Q2 25 | $185.4M | $202.8M | ||
| Q1 25 | $161.6M | $190.5M | ||
| Q4 24 | $172.7M | $192.2M | ||
| Q3 24 | $182.7M | $210.3M | ||
| Q2 24 | $189.8M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $3.8M | $4.6M | ||
| Q3 25 | $13.1M | $8.6M | ||
| Q2 25 | $3.0M | $-73.6M | ||
| Q1 25 | $-3.2M | $-1.4M | ||
| Q4 24 | $5.2M | $-500.0K | ||
| Q3 24 | $6.4M | $10.7M | ||
| Q2 24 | $6.4M | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | 28.4% | 31.5% | ||
| Q3 25 | 29.8% | 33.5% | ||
| Q2 25 | 29.1% | 31.6% | ||
| Q1 25 | 25.3% | 29.9% | ||
| Q4 24 | 26.5% | 32.1% | ||
| Q3 24 | 26.8% | 35.2% | ||
| Q2 24 | 27.1% | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | 7.0% | 3.5% | ||
| Q3 25 | 10.4% | 7.3% | ||
| Q2 25 | 4.5% | -33.3% | ||
| Q1 25 | -0.6% | -0.2% | ||
| Q4 24 | 6.1% | -6.6% | ||
| Q3 24 | 6.5% | 6.9% | ||
| Q2 24 | 6.3% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 2.1% | 2.3% | ||
| Q3 25 | 6.7% | 4.0% | ||
| Q2 25 | 1.6% | -36.3% | ||
| Q1 25 | -2.0% | -0.7% | ||
| Q4 24 | 3.0% | -0.3% | ||
| Q3 24 | 3.5% | 5.1% | ||
| Q2 24 | 3.4% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | $0.12 | $0.20 | ||
| Q3 25 | $0.41 | $0.48 | ||
| Q2 25 | $0.10 | $-4.00 | ||
| Q1 25 | $-0.10 | $-0.08 | ||
| Q4 24 | $0.17 | $-0.04 | ||
| Q3 24 | $0.20 | $0.58 | ||
| Q2 24 | $0.20 | $0.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $28.0M | $195.8M |
| Total DebtLower is stronger | $178.0M | — |
| Stockholders' EquityBook value | $235.1M | $1.2B |
| Total Assets | $578.8M | $1.4B |
| Debt / EquityLower = less leverage | 0.76× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | $28.0M | $197.0M | ||
| Q3 25 | $27.8M | $167.8M | ||
| Q2 25 | $20.0M | $157.2M | ||
| Q1 25 | $18.5M | $175.6M | ||
| Q4 24 | $18.3M | $159.8M | ||
| Q3 24 | $20.4M | $146.4M | ||
| Q2 24 | $17.2M | $119.9M |
| Q1 26 | — | — | ||
| Q4 25 | $178.0M | — | ||
| Q3 25 | $202.3M | — | ||
| Q2 25 | $189.4M | — | ||
| Q1 25 | $171.9M | — | ||
| Q4 24 | $169.6M | — | ||
| Q3 24 | $189.7M | — | ||
| Q2 24 | $199.7M | — |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $235.1M | $1.2B | ||
| Q3 25 | $227.4M | $1.2B | ||
| Q2 25 | $215.8M | $1.2B | ||
| Q1 25 | $198.7M | $1.3B | ||
| Q4 24 | $198.6M | $1.3B | ||
| Q3 24 | $205.2M | $1.3B | ||
| Q2 24 | $193.2M | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $578.8M | $1.4B | ||
| Q3 25 | $596.3M | $1.4B | ||
| Q2 25 | $571.0M | $1.5B | ||
| Q1 25 | $526.8M | $1.5B | ||
| Q4 24 | $523.0M | $1.5B | ||
| Q3 24 | $551.7M | $1.5B | ||
| Q2 24 | $548.1M | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.76× | — | ||
| Q3 25 | 0.89× | — | ||
| Q2 25 | 0.88× | — | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | 0.85× | — | ||
| Q3 24 | 0.92× | — | ||
| Q2 24 | 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $32.1M | $5.8M |
| Free Cash FlowOCF − Capex | $26.0M | $1.1M |
| FCF MarginFCF / Revenue | 14.3% | 0.5% |
| Capex IntensityCapex / Revenue | 3.4% | 2.3% |
| Cash ConversionOCF / Net Profit | 8.55× | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $8.3M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | $32.1M | $46.9M | ||
| Q3 25 | $4.5M | $28.9M | ||
| Q2 25 | $-9.3M | $13.7M | ||
| Q1 25 | $5.6M | $11.7M | ||
| Q4 24 | $25.7M | $33.7M | ||
| Q3 24 | $19.4M | $42.4M | ||
| Q2 24 | $4.5M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | $26.0M | $42.2M | ||
| Q3 25 | $-4.1M | $21.2M | ||
| Q2 25 | $-14.7M | $5.6M | ||
| Q1 25 | $1.1M | $2.1M | ||
| Q4 24 | $22.1M | $18.3M | ||
| Q3 24 | $14.6M | $25.2M | ||
| Q2 24 | $-284.0K | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | 14.3% | 20.9% | ||
| Q3 25 | -2.1% | 9.8% | ||
| Q2 25 | -7.9% | 2.8% | ||
| Q1 25 | 0.7% | 1.1% | ||
| Q4 24 | 12.8% | 9.5% | ||
| Q3 24 | 8.0% | 12.0% | ||
| Q2 24 | -0.1% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | 3.4% | 2.3% | ||
| Q3 25 | 4.4% | 3.6% | ||
| Q2 25 | 2.9% | 4.0% | ||
| Q1 25 | 2.8% | 5.0% | ||
| Q4 24 | 2.1% | 8.0% | ||
| Q3 24 | 2.6% | 8.2% | ||
| Q2 24 | 2.5% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | 8.55× | 10.20× | ||
| Q3 25 | 0.34× | 3.36× | ||
| Q2 25 | -3.07× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.96× | — | ||
| Q3 24 | 3.02× | 3.96× | ||
| Q2 24 | 0.71× | 2.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.