Onterris (MEG)
Market Price (5/4/2026): $22.14 | Market Cap: $785.3 MilSector: Industrials | Industry: Research & Consulting Services
Onterris (MEG)
Market Price (5/4/2026): $22.14Market Cap: $785.3 MilSector: IndustrialsIndustry: Research & Consulting Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 19% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11% Attractive yieldFCF Yield is 12% Megatrend and thematic driversMegatrends include Water Infrastructure, and Sustainable Infrastructure. Themes include Water Treatment & Delivery, Wastewater Management, Show more. | Weak multi-year price returns2Y Excs Rtn is -90%, 3Y Excs Rtn is -103% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.9% Key risksMEG key risks include [1] vulnerability to regulatory changes and perceptions of reduced environmental enforcement impacting its U.S.-centric business, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 19% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11% |
| Attractive yieldFCF Yield is 12% |
| Megatrend and thematic driversMegatrends include Water Infrastructure, and Sustainable Infrastructure. Themes include Water Treatment & Delivery, Wastewater Management, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -90%, 3Y Excs Rtn is -103% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.9% |
| Key risksMEG key risks include [1] vulnerability to regulatory changes and perceptions of reduced environmental enforcement impacting its U.S.-centric business, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Analyst projections for a significantly lower Q1 2026 Earnings Per Share (EPS) tempered positive momentum despite strong previous performance. Despite Montrose Environmental Group (now Onterris) reporting a Q4 2025 EPS of $0.35, which significantly beat analyst forecasts, and increasing its 2026 guidance, analysts projected a much lower EPS of $0.02 for the upcoming Q1 2026. This substantial decline in forward-looking profitability expectations likely offset the positive impact of record 2025 revenue of $830.5 million and increased 2026 Consolidated Adjusted EBITDA guidance of $125 million to $130 million.
2. Broader macroeconomic headwinds, specifically high interest rates, have hindered environmental projects. The general economic environment, characterized by elevated interest rates, has negatively impacted the progress and initiation of environmental projects. This macroeconomic factor likely introduced caution among investors regarding the overall demand for Onterris's services, contributing to a plateau in the stock's valuation.
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Stock Movement Drivers
Fundamental Drivers
The -0.6% change in MEG stock from 1/31/2026 to 5/3/2026 was primarily driven by a -0.7% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 5032026 | Change |
|---|---|---|---|
| Stock Price ($) | 22.28 | 22.14 | -0.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 826 | 831 | 0.5% |
| P/S Multiple | 1.0 | 0.9 | -0.7% |
| Shares Outstanding (Mil) | 35 | 35 | -0.5% |
| Cumulative Contribution | -0.6% |
Market Drivers
1/31/2026 to 5/3/2026| Return | Correlation | |
|---|---|---|
| MEG | -0.6% | |
| Market (SPY) | 3.6% | 29.0% |
| Sector (XLI) | 4.8% | 34.0% |
Fundamental Drivers
The -14.5% change in MEG stock from 10/31/2025 to 5/3/2026 was primarily driven by a -19.0% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 5032026 | Change |
|---|---|---|---|
| Stock Price ($) | 25.88 | 22.14 | -14.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 780 | 831 | 6.5% |
| P/S Multiple | 1.2 | 0.9 | -19.0% |
| Shares Outstanding (Mil) | 35 | 35 | -0.7% |
| Cumulative Contribution | -14.5% |
Market Drivers
10/31/2025 to 5/3/2026| Return | Correlation | |
|---|---|---|
| MEG | -14.5% | |
| Market (SPY) | 5.5% | 34.8% |
| Sector (XLI) | 12.2% | 36.9% |
Fundamental Drivers
The 51.3% change in MEG stock from 4/30/2025 to 5/3/2026 was primarily driven by a 31.2% change in the company's P/S Multiple.| (LTM values as of) | 4302025 | 5032026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.63 | 22.14 | 51.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 696 | 831 | 19.3% |
| P/S Multiple | 0.7 | 0.9 | 31.2% |
| Shares Outstanding (Mil) | 34 | 35 | -3.3% |
| Cumulative Contribution | 51.3% |
Market Drivers
4/30/2025 to 5/3/2026| Return | Correlation | |
|---|---|---|
| MEG | 51.3% | |
| Market (SPY) | 30.4% | 40.1% |
| Sector (XLI) | 33.6% | 40.1% |
Fundamental Drivers
The -27.3% change in MEG stock from 4/30/2023 to 5/3/2026 was primarily driven by a -43.1% change in the company's P/S Multiple.| (LTM values as of) | 4302023 | 5032026 | Change |
|---|---|---|---|
| Stock Price ($) | 30.46 | 22.14 | -27.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 544 | 831 | 52.6% |
| P/S Multiple | 1.7 | 0.9 | -43.1% |
| Shares Outstanding (Mil) | 30 | 35 | -16.2% |
| Cumulative Contribution | -27.3% |
Market Drivers
4/30/2023 to 5/3/2026| Return | Correlation | |
|---|---|---|
| MEG | -27.3% | |
| Market (SPY) | 78.7% | 34.2% |
| Sector (XLI) | 80.9% | 35.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| MEG Return | 128% | -37% | -28% | -42% | 34% | -15% | -32% |
| Peers Return | 7% | -8% | 20% | 6% | -33% | -25% | -37% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 5% | 92% |
Monthly Win Rates [3] | |||||||
| MEG Win Rate | 75% | 42% | 42% | 42% | 50% | 25% | |
| Peers Win Rate | 44% | 22% | 44% | 36% | 29% | 35% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| MEG Max Drawdown | 0% | -58% | -50% | -51% | -42% | -18% | |
| Peers Max Drawdown | -9% | -16% | -2% | -6% | -39% | -37% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: VRSK, GIB, ACCL, FOFO, ZTG.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/1/2026 (YTD)
How Low Can It Go
| Event | MEG | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -41.2% | -18.8% |
| % Gain to Breakeven | 69.9% | 23.1% |
| Time to Breakeven | 34 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -47.0% | -9.5% |
| % Gain to Breakeven | 88.8% | 10.5% |
| Time to Breakeven | 158 days | 24 days |
In The Past
Onterris's stock fell -41.2% during the 2025 US Tariff Shock. Such a loss loss requires a 69.9% gain to breakeven.
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| Event | MEG | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -41.2% | -18.8% |
| % Gain to Breakeven | 69.9% | 23.1% |
| Time to Breakeven | 34 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -47.0% | -9.5% |
| % Gain to Breakeven | 88.8% | 10.5% |
| Time to Breakeven | 158 days | 24 days |
In The Past
Onterris's stock fell -41.2% during the 2025 US Tariff Shock. Such a loss loss requires a 69.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Onterris (MEG)
AI Analysis | Feedback
The Mayo Clinic for environmental problems.
Like Quest Diagnostics or LabCorp, but for environmental issues, plus they help engineer and implement the solutions to fix the problems.
A highly specialized Waste Management or Republic Services that cleans up complex industrial pollution and ensures environmental compliance.
AI Analysis | Feedback
- Assessment, Permitting and Response Services: Provides scientific advisory, consulting, and regulatory compliance services to support environmental assessments, permitting processes, and emergency response.
- Measurement and Analysis Services: Offers testing and monitoring of air, water, and soil to determine contaminant concentrations and their toxicological impact, including advanced analytical laboratory services.
- Remediation and Reuse Services: Delivers engineering, design, and operational services primarily for treating contaminated water, removing soil contaminants, and creating biogas from waste.
AI Analysis | Feedback
Montrose Environmental Group, Inc. (MEG) sells its environmental services primarily to other companies and government entities. While the company's specific major customer names are not disclosed in the provided information, its client base spans a diverse range of sectors, including:
- Various Industrial and Commercial Sectors: This encompasses clients from the technology, media, chemical, energy, power and utility, industrial and manufacturing, financial, and engineering industries.
- Government Entities: Montrose Environmental Group also serves local, state, provincial, and federal government bodies.
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Vijay Manthripragada, President and Chief Executive Officer
Vijay Manthripragada has served as CEO of Montrose Environmental Group since September 2015. Before joining Montrose, he was the Chief Executive Officer of PetCareRx, Inc., an e-commerce company in the pet health industry. Mr. Manthripragada also held roles as a Senior Vice President in the Investment Banking division of Goldman Sachs and a Director at The Advisory Board Company. Montrose Environmental Group received investment from Oaktree Capital Management in 2018, during Mr. Manthripragada's tenure, indicating experience with private equity-backed companies. He co-founded the White Buffalo Tiospaye, a youth shelter for Native American children, and helped establish the Children's Medical Foundation.
Allan Dicks, Chief Financial Officer
Allan Dicks serves as the Chief Financial Officer of Montrose Environmental Group, Inc. He has held CFO positions at several companies, including a public Canadian healthcare company, a large privately held security services company, and billion-dollar divisions of Dole Food Company, Inc. and Land O' Lakes, Inc. Mr. Dicks also served as a VP Finance at HD Supply, Inc. His background includes nine years with PricewaterhouseCoopers, where he worked in assurance and as a senior manager in the mergers and acquisitions group. Mr. Dicks has experience with both public and private equity-backed companies, and he possesses deep experience with highly acquisitive companies.
James Laws, Chief Operating Officer
James Laws was appointed Chief Operating Officer of Montrose Environmental Group in January 2026. He is a seasoned executive with 25 years of experience leading high-performing teams in the environmental industry. Prior to Montrose, Mr. Laws spent nearly a decade at AECOM, most recently as Senior Vice President, overseeing environmental remediation, air quality, environmental health and safety, permitting and planning, and large-scale federal programs. Earlier in his career, he spent 16 years at CH2M HILL (now Jacobs Solutions Inc.), leading technically complex federal and commercial environmental programs.
Jose Revuelta, Chief Strategy Officer
Jose Revuelta holds the position of Chief Strategy Officer at Montrose Environmental Group.
Nasym Afsari, General Counsel and Secretary
Nasym Afsari serves as the General Counsel and Secretary for Montrose Environmental Group.
AI Analysis | Feedback
The key risks to Montrose Environmental Group, Inc. (which will rebrand to Onterris, Inc. with the ticker ONT effective May 4, 2026) primarily stem from its growth strategy, the evolving regulatory landscape, and operational costs.
- Risks Associated with Acquisition-Led Growth: Montrose Environmental Group employs an aggressive, acquisition-led strategy to expand its capabilities and market presence, with plans for multiple strategic acquisitions annually. However, this strategy carries substantial risks, including the potential for higher costs and difficulties in effectively integrating acquired businesses, which could undermine the company's financial performance and overall investment outlook.
- Adverse Changes in Environmental Regulations and Enforcement: A significant portion of Montrose's business relies on environmental regulations, permitting, and compliance requirements across its Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse segments. While the company is adept at navigating a "rapidly changing regulatory environment" and capitalizes on stricter mandates, any adverse changes, such as a substantial relaxation of environmental regulations or reduced enforcement, could diminish the demand for its core services.
- Tightening Labor Markets and Rising Labor Costs: As a service-oriented company relying on scientific, engineering, and technical expertise, Montrose Environmental Group faces strategic and operational risks related to the availability and cost of skilled personnel. Specifically, tightening labor markets for environmental engineers and rising labor costs could impact the company's ability to maintain competitive compensation, manage operational expenses, and preserve gross margins.
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Montrose Environmental Group, Inc. (MEG) operates in several key environmental services markets. The addressable markets for its main products and services are substantial, both in the United States and globally.
Assessment, Permitting and Response
- Environmental Consulting Services: The global environmental consulting services market was valued at approximately USD 43.20 billion in 2024 and is projected to reach about USD 92.85 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.95% from 2025 to 2034. North America held approximately 35.53% of the global environmental consulting market share in 2025. The North America environmental consulting services market was valued at US$ 22.46 billion in 2023 and is projected to reach US$ 39.44 billion by 2031, with a CAGR of approximately 7.3% during this period.
- Environmental Emergency Response: The U.S. emergency spill response market was valued at USD 1.98 billion in 2024. It is projected to grow at a CAGR of 8.14% during the forecast period of 2024 to 2032, reaching an estimated USD 3.24 billion by 2032. The global incident and emergency management market, which includes emergency response, was valued at USD 137.48 billion in 2024 and is projected to reach USD 250.01 billion by 2034, expanding at a CAGR of 6.16% from 2025 to 2034. North America dominated the incident and emergency management market in 2024.
Measurement and Analysis
- Environmental Testing (Air, Water, and Soil Analysis): The U.S. environmental testing market size was estimated at USD 2.20 billion in 2023 and is projected to grow at a CAGR of 7.6% from 2024 to 2030. Another estimate places the U.S. environmental testing market at USD 2.48 billion in 2023, projected to reach USD 2.96 billion by 2029 with a CAGR of 2.95%. Globally, the environmental testing market was valued at USD 14.8 billion in 2025 and is estimated to reach USD 30.3 billion by 2035, growing at a CAGR of 8.3% from 2026 to 2035. North America is anticipated to hold the largest share of the global environmental testing market by 2035, at 32.7%.
Remediation and Reuse
- Environmental Remediation Services: The U.S. environmental remediation market was valued at USD 23.01 billion in 2025 and is expected to reach USD 38.63 billion by 2033, growing at a CAGR of 6.8% from 2026 to 2033. Another source indicates the U.S. environmental remediation market was $26.5 billion in 2025 and is projected to be $27.0 billion in 2026. Globally, the environmental remediation market size was estimated at USD 142.17 billion in 2025 and is predicted to increase to approximately USD 542.12 billion by 2035, expanding at a CAGR of 14.32% from 2026 to 2035. North America is the largest market for environmental remediation, holding approximately 40% of the global share.
AI Analysis | Feedback
Montrose Environmental Group, Inc. (NYSE: MEG) is expected to drive future revenue growth over the next two to three years through several key strategies and market dynamics:
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Favorable Regulatory and Secular Tailwinds: The company anticipates significant growth propelled by evolving environmental regulations and increasing secular demand for environmental services. Specifically, the U.S. EPA's establishment of maximum contaminant levels for per- and polyfluoroalkyl substances (PFAS) and increased enforcement related to greenhouse gas (GHG) emissions and other air pollutants are expected to accelerate customer activity across all business segments, including advisory, laboratory, and remediation services.
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Strategic Acquisitions: Montrose Environmental Group has a history of executing strategic and accretive acquisitions that contribute to its revenue expansion. The company consistently references contributions from acquired businesses as a driver of revenue growth in its financial reports.
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Strong Organic Growth and Cross-Selling Initiatives: Montrose maintains a focus on achieving robust organic growth across its Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse segments. This is supported by high customer retention rates (96% in 2023) and a successful cross-selling strategy, which accounted for 51% of full-year revenue in 2023.
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Advancement in Proprietary Technologies and Research & Development: The company is investing in research and development (R&D) to expand its intellectual property (IP) and technology portfolio, particularly in areas addressing emerging environmental challenges. For instance, in 2023, Montrose filed for nine unique patents and broadened its suite of PFAS treatment technologies, positioning it to capitalize on new market opportunities and deliver innovative solutions.
AI Analysis | Feedback
Share Repurchases
- Montrose Environmental Group, Inc. authorized a share repurchase program of up to $40 million, announced in May 2025 and reaffirmed in February 2026.
- This program represents the company's inaugural stock repurchase initiative and demonstrates confidence in its financial position and commitment to enhancing shareholder value.
- The repurchase program does not have a set expiration date.
Share Issuance
- In April 2024, Montrose Environmental Group, Inc. announced its intention to offer 3,000,000 shares of common stock in a public offering, with an option for underwriters to purchase an additional 450,000 shares.
- The net proceeds from this offering were earmarked for general corporate purposes, including strategic growth initiatives, acquisitions, business expansion, and capital expenditures.
- Insider transactions in January 2026 indicated ongoing share issuance, likely through stock-based awards for directors.
Outbound Investments
- Montrose has maintained a consistent strategy of strategic acquisitions, completing five acquisitions each in 2024, 2023, and 2021, and four in 2022.
- Significant acquisitions in 2024 included Origins Laboratory for environmental analytical testing and Spirit Environmental for air permitting.
- The company plans to restart smaller, bolt-on, and highly accretive acquisitions in 2026, following a previously announced pause.
Capital Expenditures
- Montrose Environmental Group Inc. invested $5.4 million in capital expenditures during the fourth quarter of 2025.
- The trailing twelve months' capital expenditure as of a March 2026 report was $16.32 million.
- The company projects capital expenditures of $24 million for 2026, $26 million for 2027, and $27 million for 2028.
Latest Trefis Analyses
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| ARTICLES |
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| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | GEO | GEO | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 04302026 | RUN | Sunrun | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 0.0% | 0.0% | 0.0% |
| 04172026 | RSG | Republic Services | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.8% | 0.8% | -1.1% |
| 04102026 | VRSK | Verisk Analytics | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 12.3% | 12.3% | 0.0% |
| 04102026 | UHAL | U-Haul | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.3% | 0.3% | -1.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 12.57 |
| Mkt Cap | 14.1 |
| Rev LTM | 3,102 |
| Op Inc LTM | 1,366 |
| FCF LTM | 1,127 |
| FCF 3Y Avg | 986 |
| CFO LTM | 1,382 |
| CFO 3Y Avg | 1,219 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.9% |
| Rev Chg 3Y Avg | 7.4% |
| Rev Chg Q | 3.3% |
| QoQ Delta Rev Chg LTM | 0.8% |
| Op Inc Chg LTM | 8.2% |
| Op Inc Chg 3Y Avg | 8.2% |
| Op Mgn LTM | 16.4% |
| Op Mgn 3Y Avg | 16.4% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 15.1% |
| CFO/Rev 3Y Avg | 14.8% |
| FCF/Rev LTM | 13.5% |
| FCF/Rev 3Y Avg | 13.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 14.1 |
| P/S | 0.9 |
| P/Op Inc | 17.9 |
| P/EBIT | 18.0 |
| P/E | 8.4 |
| P/CFO | 7.3 |
| Total Yield | 4.8% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 4.1% |
| D/E | 0.3 |
| Net D/E | 0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -2.5% |
| 3M Rtn | -8.6% |
| 6M Rtn | -20.0% |
| 12M Rtn | -37.1% |
| 3Y Rtn | -28.6% |
| 1M Excs Rtn | -11.1% |
| 3M Excs Rtn | -12.8% |
| 6M Excs Rtn | -24.5% |
| 12M Excs Rtn | -67.5% |
| 3Y Excs Rtn | -107.7% |
Price Behavior
| Market Price | $22.14 | |
| Market Cap ($ Bil) | 0.8 | |
| First Trading Date | 07/23/2020 | |
| Distance from 52W High | -28.7% | |
| 50 Days | 200 Days | |
| DMA Price | $23.21 | $25.26 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -4.6% | -12.3% |
| 3M | 1YR | |
| Volatility | 65.9% | 56.5% |
| Downside Capture | 0.49 | 0.88 |
| Upside Capture | 63.11 | 160.52 |
| Correlation (SPY) | 29.1% | 40.0% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.32 | 1.13 | 1.27 | 1.49 | 1.80 | 1.49 |
| Up Beta | 1.11 | 1.33 | 1.47 | 0.91 | 2.07 | 1.74 |
| Down Beta | 0.09 | 1.17 | 2.87 | 1.84 | 1.93 | 1.20 |
| Up Capture | 60% | -8% | 60% | 131% | 209% | 196% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 12 | 16 | 30 | 60 | 124 | 361 |
| Down Capture | 607% | 209% | 103% | 170% | 143% | 111% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 10 | 26 | 33 | 63 | 125 | 386 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MEG | |
|---|---|---|---|---|
| MEG | 52.2% | 56.5% | 0.95 | - |
| Sector ETF (XLI) | 33.7% | 15.4% | 1.68 | 40.1% |
| Equity (SPY) | 30.6% | 12.5% | 1.88 | 40.1% |
| Gold (GLD) | 39.5% | 27.2% | 1.20 | 2.1% |
| Commodities (DBC) | 51.5% | 17.9% | 2.20 | -1.0% |
| Real Estate (VNQ) | 13.1% | 13.5% | 0.67 | 20.2% |
| Bitcoin (BTCUSD) | -17.1% | 42.2% | -0.33 | 20.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MEG | |
|---|---|---|---|---|
| MEG | -16.3% | 62.2% | -0.04 | - |
| Sector ETF (XLI) | 13.0% | 17.4% | 0.59 | 40.5% |
| Equity (SPY) | 12.8% | 17.1% | 0.59 | 41.6% |
| Gold (GLD) | 20.5% | 17.9% | 0.94 | 8.8% |
| Commodities (DBC) | 14.3% | 19.1% | 0.61 | 12.8% |
| Real Estate (VNQ) | 3.5% | 18.8% | 0.09 | 36.7% |
| Bitcoin (BTCUSD) | 7.7% | 56.2% | 0.35 | 20.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MEG | |
|---|---|---|---|---|
| MEG | 0.1% | 63.5% | 0.26 | - |
| Sector ETF (XLI) | 13.8% | 19.9% | 0.61 | 36.8% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | 39.0% |
| Gold (GLD) | 13.6% | 15.9% | 0.71 | 10.8% |
| Commodities (DBC) | 9.7% | 17.7% | 0.46 | 11.6% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.24 | 33.6% |
| Bitcoin (BTCUSD) | 67.7% | 66.9% | 1.07 | 18.7% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/25/2026 | 22.5% | 16.6% | -4.3% |
| 11/4/2025 | 5.4% | -1.7% | 6.8% |
| 8/6/2025 | 8.5% | 23.4% | 34.5% |
| 5/7/2025 | 17.6% | 25.8% | 42.3% |
| 2/26/2025 | 32.6% | 14.1% | -15.0% |
| 11/6/2024 | -3.0% | -9.8% | -30.5% |
| 8/6/2024 | 0.2% | 10.9% | 5.3% |
| 2/29/2024 | 25.4% | 9.3% | 18.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 16 | 11 |
| # Negative | 7 | 5 | 10 |
| Median Positive | 8.2% | 14.8% | 18.7% |
| Median Negative | -3.0% | -9.8% | -7.8% |
| Max Positive | 32.6% | 26.6% | 42.3% |
| Max Negative | -10.8% | -24.6% | -30.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/03/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 02/29/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 03/01/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 2/25/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Consolidated Adjusted EBITDA | 125.00 Mil | 127.50 Mil | 130.00 Mil | 2.0% | Raised | Guidance: 125.00 Mil for 2026 | |
| 2026 Revenue | 840.00 Mil | 870.00 Mil | 900.00 Mil | ||||
| 2026 Emergency Response Revenue | 50.00 Mil | 60.00 Mil | 70.00 Mil | ||||
| 2026 Operating Cash Flow Conversion | 0.6 | ||||||
Prior: Q3 2025 Earnings Reported 11/4/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Consolidated Adjusted EBITDA | 112.00 Mil | 115.00 Mil | 118.00 Mil | 0.9% | Raised | Guidance: 114.00 Mil for 2025 | |
| 2025 Revenue | 810.00 Mil | 820.00 Mil | 830.00 Mil | 0.6% | Raised | Guidance: 815.00 Mil for 2025 | |
| 2026 Consolidated Adjusted EBITDA | 125.00 Mil | ||||||
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Manthripragada, Vijay | President & CEO | Direct | Sell | 3162026 | 25.41 | 46,121 | 1,171,935 | 6,016,783 | Form |
| 2 | Revuelta, Jose | Chief Strategy Officer | Direct | Sell | 3112026 | 27.00 | 7,858 | 212,166 | 7,270,614 | Form |
| 3 | Afsari, Nasym | General Counsel and Secretary | Direct | Sell | 3042026 | 28.37 | 43,348 | 1,229,696 | 5,811,979 | Form |
| 4 | Presby, J Thomas | Direct | Sell | 3042026 | 28.87 | 10,000 | 288,691 | 1,807,611 | Form | |
| 5 | Afsari, Nasym | General Counsel and Secretary | Direct | Sell | 3042026 | 30.00 | 200 | 6,000 | 6,146,340 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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