
Mirion Technologies (MIR) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
202.0M
Gross Profit
96.1M
47.57%
Operating Income
8.7M
4.31%
Net Income
400.0K
0.20%
EPS (Diluted)
$0.00
Balance Sheet Metrics
Total Assets
2.6B
Total Liabilities
1.1B
Shareholders Equity
1.6B
Debt to Equity
0.69
Cash Flow Metrics
Operating Cash Flow
43.3M
Free Cash Flow
27.1M
Revenue & Profitability Trend
Mirion Technologies Income Statement From 2019 to 2024
Metric | 2024 | 2023 | 2022 | 2020 | 2019 |
---|---|---|---|---|---|
Revenue | 860.8M | 800.9M | 717.8M | 0 | 0 |
Cost of Goods Sold | 461.1M | 444.5M | 407.7M | - | - |
Gross Profit | 399.7M | 356.4M | 310.1M | - | - |
Gross Margin % | 46.4% | 44.5% | 43.2% | 0.0% | 0.0% |
Operating Expenses | |||||
Research & Development | 35.0M | 31.7M | 30.3M | - | - |
Selling, General & Administrative | 341.1M | 340.1M | 362.3M | 2.4M | 341 |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 376.1M | 371.8M | 392.6M | 2.4M | 341 |
Operating Income | 23.6M | -15.4M | -82.5M | -2.4M | -341 |
Operating Margin % | 2.7% | -1.9% | -11.5% | 0.0% | 0.0% |
Non-Operating Items | |||||
Interest Income | 6.6M | 4.8M | 600.0K | - | - |
Interest Expense | 57.9M | 61.9M | 42.5M | - | - |
Other Non-Operating Income | -6.2M | -32.8M | -182.2M | -43.1M | - |
Pre-tax Income | -33.9M | -105.3M | -306.6M | -45.5M | -341 |
Income Tax | 2.7M | -6.6M | -18.2M | -265.9K | 0 |
Effective Tax Rate % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net Income | -36.6M | -98.7M | -288.4M | -45.3M | -341 |
Net Margin % | -4.3% | -12.3% | -40.2% | 0.0% | 0.0% |
Key Metrics | |||||
EBITDA | 180.7M | 153.0M | 93.0M | 40.6M | -341 |
EPS (Basic) | $-0.18 | $-0.49 | $-1.53 | $-0.79 | $0.00 |
EPS (Diluted) | $-0.18 | $-0.49 | $-1.53 | $-0.79 | $0.00 |
Basic Shares Outstanding | 204991000 | 196369000 | 181149000 | 56994863 | 20125000 |
Diluted Shares Outstanding | 204991000 | 196369000 | 181149000 | 56994863 | 20125000 |
Income Statement Trend
Mirion Technologies Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 175.2M | 128.8M | 73.5M | 84.0M | 383.2K |
Short-term Investments | 5.9M | 5.3M | 4.3M | 4.9M | - |
Accounts Receivable | 177.7M | 172.3M | 171.2M | 157.4M | - |
Inventory | 133.2M | 144.1M | 143.3M | 123.6M | - |
Other Current Assets | 13.6M | 17.3M | 13.4M | 15.3M | - |
Total Current Assets | 594.7M | 538.6M | 480.6M | 453.4M | 982.4K |
Non-Current Assets | |||||
Property, Plant & Equipment | 132.8M | 123.2M | 120.0M | 118.6M | - |
Goodwill | 3.3B | 3.4B | 3.5B | 4.1B | - |
Intangible Assets | 411.6M | 538.8M | 650.4M | 806.9M | - |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 26.9M | 26.2M | 25.3M | 81.7M | 750.3M |
Total Non-Current Assets | 2.0B | 2.2B | 2.3B | 2.7B | 750.3M |
Total Assets | 2.6B | 2.7B | 2.7B | 3.1B | 751.3M |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 56.5M | 58.7M | 67.7M | 59.4M | 965.4K |
Short-term Debt | 7.6M | 8.0M | 13.8M | 13.2M | - |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 3.4M | 10.7M | 800.0K | 68.1M | 71.7M |
Total Current Liabilities | 263.5M | 265.7M | 244.3M | 221.0M | 73.0M |
Non-Current Liabilities | |||||
Long-term Debt | 712.3M | 712.8M | 835.8M | 847.4M | - |
Deferred Tax Liabilities | 61.1M | 84.0M | 116.3M | 161.0M | - |
Other Non-Current Liabilities | 40.0M | 50.7M | 44.6M | 36.5M | - |
Total Non-Current Liabilities | 813.4M | 902.8M | 1.0B | 1.1B | 26.2M |
Total Liabilities | 1.1B | 1.2B | 1.3B | 1.3B | 99.3M |
Equity | |||||
Common Stock | 0 | 0 | 0 | 0 | 750.0M |
Retained Earnings | -541.5M | -505.4M | -408.5M | -131.6M | -98.0M |
Treasury Stock | 3.2M | 1.3M | 0 | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 1.6B | 1.6B | 1.5B | 1.8B | 652.0M |
Key Metrics | |||||
Total Debt | 719.9M | 720.8M | 849.6M | 860.6M | 0 |
Working Capital | 331.2M | 272.9M | 236.3M | 232.4M | -72.0M |
Balance Sheet Composition
Mirion Technologies Cash Flow Statement From 2019 to 2024
Metric | 2024 | 2023 | 2022 | 2020 | 2019 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | -36.6M | -98.7M | -288.4M | -45.3M | -341 |
Depreciation & Amortization | 150.4M | 162.8M | 174.5M | - | - |
Stock-Based Compensation | 15.6M | 21.9M | 31.8M | - | - |
Working Capital Changes | -35.5M | 10.7M | -41.5M | 694.9K | 341 |
Operating Cash Flow | 75.0M | 68.3M | -147.4M | -44.6M | 0 |
Investing Activities | |||||
Capital Expenditures | -48.8M | -37.1M | -33.4M | - | - |
Acquisitions | 1.5M | -30.4M | -6.6M | - | - |
Investment Purchases | - | - | - | - | - |
Investment Sales | 3.6M | 3.8M | 500.0K | - | - |
Investing Cash Flow | -43.7M | -64.7M | -39.5M | - | - |
Financing Activities | |||||
Share Repurchases | -2.0M | -1.0M | 0 | - | - |
Dividends Paid | - | - | - | - | - |
Debt Issuance | - | 0 | 0 | - | - |
Debt Repayment | 0 | -127.3M | -6.6M | -300.0K | 0 |
Financing Cash Flow | -3.3M | 22.6M | -7.0M | 734.1M | 0 |
Free Cash Flow | 50.3M | 58.1M | 5.2M | -945.4K | 0 |
Net Change in Cash | 28.0M | 26.2M | -193.9M | 689.5M | 0 |
Cash Flow Trend
Mirion Technologies Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
395.80
Forward P/E
40.39
Price to Book
2.78
Price to Sales
5.15
PEG Ratio
-2.37
Profitability Ratios
Profit Margin
1.13%
Operating Margin
4.62%
Return on Equity
0.70%
Return on Assets
1.13%
Financial Health
Current Ratio
2.54
Debt to Equity
57.16
Beta
0.83
Per Share Data
EPS (TTM)
$0.05
Book Value per Share
$7.11
Revenue per Share
$4.08
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
mir | 4.6B | 395.80 | 2.78 | 0.70% | 1.13% | 57.16 |
GE Vernova | 165.8B | 148.16 | 18.67 | 11.41% | 3.16% | 10.65 |
Eaton | 134.5B | 34.71 | 7.23 | 20.73% | 15.10% | 62.39 |
Regal Rexnord | 9.7B | 38.70 | 1.44 | 3.86% | 4.28% | 74.60 |
Watts Water | 9.2B | 29.51 | 4.84 | 17.75% | 13.63% | 10.46 |
Chart Industries | 8.9B | 36.39 | 2.65 | 9.05% | 6.45% | 107.48 |
Financial data is updated regularly. All figures are in the company's reporting currency.