Montrose Environmental Group

Montrose Environmental Group Interest Coverage

The Interest Coverage Ratio of Montrose Environmental Group (MEG) as of Oct 24, 2026 is -2.32. In the previous year, Interest Coverage Ratio was -3.65 — a change of -36.52% (higher).

Interest Coverage

-2.32

YoY

-36.52%

Last updated:

Interest Coverage Ratio of Montrose Environmental Group is 2024 -2.32 . Interest Coverage Ratio of Montrose Environmental Group was 2023 -3.65 . It decreases by -36.52% higher compared to the previous year.

The Montrose Environmental Group Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
-0.96 USD
Jan 1, 2019
-2.93 USD
Jan 1, 2020
-1.86 USD
Jan 1, 2021
-1.26 USD
Jan 1, 2022
-5.39 USD
Jan 1, 2023
-3.65 USD
Jan 1, 2024
-2.32 USD
The Montrose Environmental Group Interest Coverage history
YEARInterest CoverageYoY
-2.32-36.52%
-3.65-32.30%
-5.39+327.32%
-1.26-32.07%
-1.86-36.66%
-2.93+205.68%
-0.96—

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Montrose Environmental Group Stock analysis

What does Montrose Environmental Group do? The Montrose Environmental Group Inc. is a publicly traded company specializing in environmental consulting and engineering services. It is headquartered in Irvine, California, with over 70 offices in the United States and international locations in Canada and Australia. The company was founded in 2012 by business partners Vijay Manthripragada and Umesh Korde, who had extensive experience in the environmental industry. The company went public on the New York Stock Exchange in 2016 and has since experienced steady growth and expansion into various business sectors. Montrose's business model focuses on providing comprehensive environmental solutions for industries such as energy, oil and gas, government agencies, and waste management. The company offers a wide range of services including environmental analytics, engineering services, environmental monitoring, air quality management, water analysis, and environmental planning. Montrose Environmental Group can be divided into four main business areas: analytics, engineering services, environmental monitoring and management, and oil and gas solutions. The company offers a variety of products including environmental sensors, air emissions monitoring systems, water monitoring systems, mobile chemical laboratories, and air purification technologies. Overall, Montrose Environmental Group offers comprehensive and high-quality environmental solutions to its customers, establishing itself in the industry through a broad range of services, high quality and productivity, and continuous expansion into different business sectors. Montrose Environmental Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Montrose Environmental Group stock

Interest Coverage Ratio of Montrose Environmental Group is -2.32 in 2024.

Interest Coverage Ratio of Montrose Environmental Group changed from -3.65 to -2.32, representing a -36.52% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Montrose Environmental Group since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Montrose Environmental Group with sector peers and the industry average to assess whether it is attractive.

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Leverage — Montrose Environmental Group

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