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Montrose Environmental Valuation Multiples
Discover revenue and EBITDA valuation multiples for Montrose Environmental and similar public comparables like Kanadevia, Metawater, PureCycle, GVS and more.
Montrose Environmental Overview
About Montrose Environmental
Montrose Environmental Group Inc is an environmental services company. The firm's operating segments are Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse. Through its Assessment, Permitting, and Response segment, the company provides scientific advisory and consulting services to support environmental assessments, environmental emergency response, and environmental audits. Measurement and Analysis include test and analysis of air, water, and soil to determine concentrations of contaminants whereas, the Remediation and Reuse segment provide clients with engineering, design, implementation, operations and maintenance services, to treat contaminated water, remove contaminant or create biogas. United States Contributes the majority of geographic revenue.
Founded
2013
HQ

Employees
3.4K
Website
Financials (LTM)
EV
$1B
Montrose Environmental Financials
Montrose Environmental reported last 12-month revenue of $839M and EBITDA of $119M.
In the same LTM period, Montrose Environmental generated $339M in gross profit, $119M in EBITDA, and had net loss of ($3M).
Revenue (LTM)
Montrose Environmental P&L
In the most recent fiscal year, Montrose Environmental reported revenue of $831M and EBITDA of $116M.
Montrose Environmental expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $839M | XXX | $831M | XXX | XXX | XXX |
| Gross Profit | $339M | XXX | $334M | XXX | XXX | XXX |
| Gross Margin | 40% | XXX | 40% | XXX | XXX | XXX |
| EBITDA | $119M | XXX | $116M | XXX | XXX | XXX |
| EBITDA Margin | 14% | XXX | 14% | XXX | XXX | XXX |
| EBIT Margin | 2% | XXX | 2% | XXX | XXX | XXX |
| Net Profit | ($3M) | XXX | ($843K) | XXX | XXX | XXX |
| Net Margin | (0%) | XXX | (0%) | XXX | XXX | XXX |
| Net Debt | — | — | $277M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Montrose Environmental Stock Performance
Montrose Environmental has current market cap of $1B, and enterprise value of $1B.
Market Cap Evolution
Montrose Environmental's stock price is $28.59.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $1B | 0.0% | XXX | XXX | XXX | $-0.02 |
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Start Free TrialMontrose Environmental Valuation Multiples
Montrose Environmental trades at 1.6x EV/Revenue multiple, and 11.6x EV/EBITDA.
EV / Revenue (LTM)
Montrose Environmental Financial Valuation Multiples
As of March 23, 2026, Montrose Environmental has market cap of $1B and EV of $1B.
Equity research analysts estimate Montrose Environmental's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Montrose Environmental has a P/E ratio of (395.8x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | 1.6x | XXX | 1.7x | XXX | XXX | XXX |
| EV/EBITDA | 11.6x | XXX | 11.8x | XXX | XXX | XXX |
| EV/EBIT | 100.2x | XXX | 108.7x | XXX | XXX | XXX |
| EV/Gross Profit | 4.1x | XXX | 4.1x | XXX | XXX | XXX |
| P/E | (395.8x) | XXX | (1198.5x) | XXX | XXX | XXX |
| EV/FCF | 19.8x | XXX | 15.2x | XXX | XXX | XXX |
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Verified Montrose Environmental Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Montrose Environmental Margins & Growth Rates
Montrose Environmental's revenue in the last 12 month grew by 5%.
Montrose Environmental's revenue per employee in the last FY averaged $0.2M.
Montrose Environmental's rule of 40 is 19% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Montrose Environmental's rule of X is 27% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Montrose Environmental Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 5% | XXX | 5% | XXX | XXX | XXX |
| EBITDA Margin | 14% | XXX | 14% | XXX | XXX | XXX |
| EBITDA Growth | 10% | XXX | 10% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 19% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 27% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 39% | XXX | XXX | XXX |
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Montrose Environmental Public Comps
See public comps and valuation multiples for other Waste & Environmental Services comps.
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Montrose Environmental M&A Activity
Montrose Environmental acquired XXX companies to date.
Last acquisition by Montrose Environmental was on XXXXXXXX, XXXXX. Montrose Environmental acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Montrose Environmental
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialMontrose Environmental Investment Activity
Montrose Environmental invested in XXX companies to date.
Montrose Environmental made its latest investment on XXXXXXXX, XXXXX. Montrose Environmental invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Montrose Environmental
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Montrose Environmental
| When was Montrose Environmental founded? | Montrose Environmental was founded in 2013. |
| Where is Montrose Environmental headquartered? | Montrose Environmental is headquartered in United States. |
| How many employees does Montrose Environmental have? | As of today, Montrose Environmental has over 3K employees. |
| Who is the CEO of Montrose Environmental? | Montrose Environmental's CEO is Vijay Manthripragada. |
| Is Montrose Environmental publicly listed? | Yes, Montrose Environmental is a public company listed on NYSE. |
| What is the stock symbol of Montrose Environmental? | Montrose Environmental trades under MEG ticker. |
| When did Montrose Environmental go public? | Montrose Environmental went public in 2020. |
| Who are competitors of Montrose Environmental? | Montrose Environmental main competitors are Kanadevia, Metawater, PureCycle, GVS. |
| What is the current market cap of Montrose Environmental? | Montrose Environmental's current market cap is $1B. |
| What is the current revenue of Montrose Environmental? | Montrose Environmental's last 12 months revenue is $839M. |
| What is the current revenue growth of Montrose Environmental? | Montrose Environmental revenue growth (NTM/LTM) is 5%. |
| What is the current EV/Revenue multiple of Montrose Environmental? | Current revenue multiple of Montrose Environmental is 1.6x. |
| Is Montrose Environmental profitable? | Yes, Montrose Environmental is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Montrose Environmental? | Montrose Environmental's last 12 months EBITDA is $119M. |
| What is Montrose Environmental's EBITDA margin? | Montrose Environmental's last 12 months EBITDA margin is 14%. |
| What is the current EV/EBITDA multiple of Montrose Environmental? | Current EBITDA multiple of Montrose Environmental is 11.6x. |
| What is the current FCF of Montrose Environmental? | Montrose Environmental's last 12 months FCF is $69M. |
| What is Montrose Environmental's FCF margin? | Montrose Environmental's last 12 months FCF margin is 8%. |
| What is the current EV/FCF multiple of Montrose Environmental? | Current FCF multiple of Montrose Environmental is 19.8x. |
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