Mistras Group Debt-to-Equity Ratio Growth & History (MG)
Mistras Group's debt-to-equity ratio was 1.03 for fiscal 2025.
View full Mistras Group company overviewMistras Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.03 | −0.14 | −11.59% |
| 2024 | 2024-12-31 | 1.17 | −0.12 | −9.65% |
| 2023 | 2023-12-31 | 1.29 | 0.06 | +5.11% |
| 2022 | 2022-12-31 | 1.23 | −0.07 | −5.18% |
| 2021 | 2021-12-31 | 1.30 | −0.14 | −9.79% |
| 2020 | 2020-12-31 | 1.44 | 0.32 | +28.85% |
| 2019 | 2019-12-31 | 1.12 | −0.01 | −0.49% |
| 2018 | 2018-12-31 | 1.12 | 0.45 | +67.12% |
| 2017 | 2017-12-31 | 0.67 | 0.29 | +75.39% |
| 2016 · Dec 31 | 2016-12-31 | 0.38 | — | — |
| 2016 · May 31 | 2016-05-31 | 0.38 | −0.16 | −30.07% |
| 2015 | 2015-05-31 | 0.54 | 0.14 | +34.63% |
| 2014 | 2014-05-31 | 0.40 | 0.03 | +8.58% |
| 2013 | 2013-05-31 | 0.37 | 0.06 | +20.85% |
| 2012 | 2012-05-31 | 0.31 | 0.08 | +37.52% |
| 2011 | 2011-05-31 | 0.22 | — | — |
Mistras Group quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.88 | −0.15 | −14.75% |
| Q1 2026 | 2026-03-31 | 0.93 | −0.10 | −9.90% |
| Q4 2025 | 2025-12-31 | 1.03 | −0.14 | −11.59% |
| Q3 2025 | 2025-09-30 | 1.03 | −0.03 | −2.64% |
| Q2 2025 | 2025-06-30 | 1.03 | −0.14 | −12.26% |
| Q1 2025 | 2025-03-31 | 1.03 | −0.17 | −14.32% |
| Q4 2024 | 2024-12-31 | 1.17 | −0.12 | −9.65% |
| Q3 2024 | 2024-09-30 | 1.06 | −0.14 | −11.66% |
| Q2 2024 | 2024-06-30 | 1.17 | 0.11 | +10.85% |
| Q1 2024 | 2024-03-31 | 1.20 | 0.10 | +9.38% |
| Q4 2023 | 2023-12-31 | 1.29 | 0.06 | +5.11% |
| Q3 2023 | 2023-09-30 | 1.20 | −0.16 | −11.79% |
| Q2 2023 | 2023-06-30 | 1.06 | −0.26 | −19.62% |
| Q1 2023 | 2023-03-31 | 1.10 | −0.25 | −18.62% |
| Q4 2022 | 2022-12-31 | 1.23 | −0.07 | −5.18% |
| Q3 2022 | 2022-09-30 | 1.36 | −0.00 | −0.27% |
| Q2 2022 | 2022-06-30 | 1.32 | −0.03 | −2.09% |
| Q1 2022 | 2022-03-31 | 1.35 | −0.12 | −8.24% |
| Q4 2021 | 2021-12-31 | 1.30 | −0.14 | −9.79% |
| Q3 2021 | 2021-09-30 | 1.36 | −0.25 | −15.35% |
| Q2 2021 | 2021-06-30 | 1.35 | −0.36 | −20.88% |
| Q1 2021 | 2021-03-31 | 1.47 | −0.39 | −21.03% |
| Q4 2020 | 2020-12-31 | 1.44 | 0.32 | +28.85% |
| Q3 2020 | 2020-09-30 | 1.61 | 0.44 | +37.71% |
| Q2 2020 | 2020-06-30 | 1.70 | 0.54 | +46.33% |
| Q1 2020 | 2020-03-31 | 1.87 | 0.61 | +48.65% |
| Q4 2019 | 2019-12-31 | 1.12 | −0.01 | −0.49% |
| Q3 2019 | 2019-09-30 | 1.17 | 0.58 | +98.56% |
| Q2 2019 | 2019-06-30 | 1.16 | 0.56 | +94.43% |
| Q1 2019 | 2019-03-31 | 1.26 | 0.58 | +84.57% |
| Q4 2018 | 2018-12-31 | 1.12 | 0.45 | +67.12% |
| Q3 2018 | 2018-09-30 | 0.59 | 0.14 | +32.39% |
| Q2 2018 | 2018-06-30 | 0.60 | 0.17 | +39.50% |
| Q1 2018 | 2018-03-31 | 0.68 | 0.26 | +62.28% |
| Q4 2017 | 2017-12-31 | 0.67 | 0.29 | +75.39% |
| Q3 2017 | 2017-09-30 | 0.44 | — | — |
| Q2 2017 · Jun 30 | 2017-06-30 | 0.43 | — | — |
| Q1 2017 · Mar 31 | 2017-03-31 | 0.42 | — | — |
| Q4 2016 · Dec 31 | 2016-12-31 | 0.38 | — | — |
| Q2 2017 · Nov 30 | 2016-11-30 | 0.40 | −0.05 | −11.72% |
| Q1 2017 · Aug 31 | 2016-08-31 | 0.32 | −0.18 | −35.69% |
| Q4 2016 · May 31 | 2016-05-31 | 0.38 | −0.16 | −30.07% |
| Q3 2016 | 2016-02-29 | 0.39 | −0.21 | −34.81% |
| Q2 2016 | 2015-11-30 | 0.45 | −0.25 | −35.91% |
| Q1 2016 | 2015-08-31 | 0.49 | −0.15 | −23.71% |
| Q4 2015 | 2015-05-31 | 0.54 | 0.14 | +34.63% |
| Q3 2015 | 2015-02-28 | 0.60 | 0.16 | +37.14% |
| Q2 2015 | 2014-11-30 | 0.70 | 0.28 | +67.48% |
| Q1 2015 | 2014-08-31 | 0.64 | 0.32 | +96.27% |
| Q4 2014 | 2014-05-31 | 0.40 | 0.03 | +8.58% |
| Q3 2014 | 2014-02-28 | 0.44 | 0.01 | +3.51% |
| Q2 2014 | 2013-11-30 | 0.42 | 0.04 | +10.43% |
| Q1 2014 | 2013-08-31 | 0.33 | 0.11 | +51.72% |
| Q4 2013 | 2013-05-31 | 0.37 | 0.06 | +20.85% |
| Q3 2013 | 2013-02-28 | 0.42 | 0.10 | +30.63% |
| Q2 2013 | 2012-11-30 | 0.38 | 0.06 | +17.24% |
| Q1 2013 | 2012-08-31 | 0.22 | 0.02 | +10.10% |
| Q4 2012 | 2012-05-31 | 0.31 | 0.08 | +37.52% |
| Q3 2012 | 2012-02-29 | 0.33 | — | — |
| Q2 2012 | 2011-11-30 | 0.32 | — | — |
| Q1 2012 | 2011-08-31 | 0.20 | — | — |
| Q4 2011 | 2011-05-31 | 0.22 | — | — |
Mistras Group debt-to-equity ratio trends
Over the last five fiscal years, Mistras Group's debt-to-equity ratio decreased from 1.44 to 1.03, a change of −0.41. The latest reported quarter, Q2 2026, shows 0.88.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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