NYSE : MIR
Mirion Technologies, Inc. — Financial statements
Industrials · Specialty Industrial Machinery · United States
Last price 18.67 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 4.58B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Mirion Technologies, Inc. (MIR) reported revenue of 1.08B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.08B | 925.40M | 860.80M | 800.90M | 717.80M | 668.30M |
| Cost of Revenue | 559.10M | 486.50M | 459.00M | 444.40M | 400.60M | 384.10M |
| Gross Profit | 520.50M | 438.90M | 401.80M | 356.50M | 317.20M | 284.20M |
| Selling, General & Admin | 399.50M | 333.20M | 338.20M | 338.60M | 357.10M | 267.60M |
| Research & Development | 40.10M | 38.90M | 35.00M | 31.70M | 30.30M | 36.20M |
| Operating Expenses | 439.60M | 372.10M | 373.20M | 370.30M | 387.40M | 303.80M |
| Operating Income | 80.90M | 66.80M | 28.60M | -13.80M | -70.20M | -19.60M |
| Interest Expense | -34.20M | -42.20M | -57.90M | -61.90M | -42.50M | -145.80M |
| Interest & Investment Income | 14.70M | 12.10M | 6.60M | 4.80M | 600.00K | |
| Currency Exchange Gain (Loss) | -4.30M | 17.40M | -2.20M | 300.00K | -4.90M | 1.90M |
| Other Non Operating Income (Expenses) | -400.00K | -300.00K | -5.20M | -24.00M | 38.00M | |
| EBT Excluding Unusual Items | 56.70M | 53.80M | -30.10M | -94.60M | -79.00M | -163.50M |
| Merger & Restructuring Charges | -16.60M | -15.30M | -5.00M | -1.60M | -12.30M | -49.10M |
| Impairment of Goodwill | -211.80M | |||||
| Gain (Loss) on Sale of Assets | 1.20M | -6.50M | -3.50M | |||
| Other Unusual Items | -5.80M | -2.60M | -15.90M | |||
| Pretax Income | 40.10M | 32.70M | -33.90M | -105.30M | -306.60M | -228.50M |
| Income Tax Expense | 9.80M | 2.90M | 2.70M | -6.60M | -18.20M | -5.10M |
| Earnings From Continuing Operations | 30.30M | 29.80M | -36.60M | -98.70M | -288.40M | -223.40M |
| Minority Interest in Earnings | -1.30M | -1.00M | 500.00K | 1.80M | 11.50M | 900.00K |
| Net Income | 29.00M | 28.80M | -36.10M | -96.90M | -276.90M | -222.50M |
| Net Income to Common | 29.00M | 28.80M | -36.10M | -96.90M | -276.90M | -222.50M |
| Shares Outstanding (Basic) | 244.04M | 229.96M | 204.99M | 196.37M | 181.15M | 41.18M |
| Shares Outstanding (Diluted) | 274.87M | 261.15M | 204.99M | 196.37M | 181.15M | 41.18M |
| EPS (Basic) | 0.12 | 0.13 | -0.18 | -0.49 | -1.53 | |
| EPS (Diluted) | 0.11 | 0.11 | -0.18 | -0.49 | -1.53 | |
| Free Cash Flow | 168.00M | 106.90M | 50.30M | 58.10M | 5.20M | 3.10M |
| Free Cash Flow Per Share | 0.61 | 0.41 | 0.24 | 0.30 | 0.03 | 0.07 |
| Gross Margin | 48.21% | 47.43% | 46.68% | 44.51% | 44.19% | 42.53% |
| Operating Margin | 7.49% | 7.22% | 3.32% | -1.72% | -9.78% | -2.93% |
| Profit Margin | 2.69% | 3.11% | -4.19% | -12.10% | -38.58% | -33.29% |
| Free Cash Flow Margin | 15.56% | 11.55% | 5.84% | 7.25% | 0.72% | 0.46% |
| EBITDA | 234.30M | 204.80M | 179.00M | 149.00M | 104.30M | 92.60M |
| EBITDA Margin | 21.70% | 22.13% | 20.79% | 18.60% | 14.53% | 13.86% |
| D&A For EBITDA | 153.40M | 138.00M | 150.40M | 162.80M | 174.50M | 112.20M |
| EBIT | 80.90M | 66.80M | 28.60M | -13.80M | -70.20M | -19.60M |
| EBIT Margin | 7.49% | 7.22% | 3.32% | -1.72% | -9.78% | -2.93% |
| Effective Tax Rate | 24.44% | 8.87% | ||||
| Revenue as Reported | 1.08B | 925.40M | 860.80M | 800.90M | 717.80M | 668.30M |
| Advertising Expenses | 1.20M | 1.70M | 1.30M | 1.70M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 408.70M | 412.30M | 175.20M | 128.80M | 73.50M | 84.00M |
| Short-Term Investments | 7.50M | 6.90M | 5.90M | 5.30M | 4.30M | 4.90M |
| Cash & Short-Term Investments | 416.20M | 419.20M | 181.10M | 134.10M | 77.80M | 88.90M |
| Accounts Receivable | 279.30M | 275.40M | 244.70M | 221.00M | 221.20M | 213.70M |
| Other Receivables | 16.20M | 14.60M | 8.60M | 9.40M | 4.40M | 6.00M |
| Receivables | 295.50M | 290.00M | 253.30M | 230.40M | 225.60M | 219.70M |
| Inventory | 158.70M | 152.60M | 133.20M | 144.10M | 143.30M | 123.60M |
| Prepaid Expenses | 2.50M | 3.40M | 1.00M | 1.00M | 3.20M | 5.30M |
| Restricted Cash | 2.80M | 2.80M | 300.00K | 600.00K | 500.00K | 600.00K |
| Other Current Assets | 29.20M | 25.70M | 25.80M | 28.40M | 30.20M | 15.30M |
| Total Current Assets | 904.90M | 893.70M | 594.70M | 538.60M | 480.60M | 453.40M |
| Property, Plant & Equipment | 195.00M | 187.00M | 176.60M | 167.40M | 164.90M | 170.60M |
| Long-Term Investments | 300.00K | 100.00K | ||||
| Goodwill | 1.86B | 1.87B | 1.43B | 1.45B | 1.42B | 1.66B |
| Other Intangible Assets | 516.10M | 606.30M | 411.60M | 538.80M | 650.40M | 806.90M |
| Long-Term Accounts Receivable | 20.00M | 21.50M | 20.20M | 18.20M | 17.30M | 6.50M |
| Other Long-Term Assets | 5.60M | 7.20M | 6.40M | 7.80M | 7.50M | 18.00M |
| Total Assets | 3.50B | 3.59B | 2.64B | 2.72B | 2.74B | 3.12B |
| Accounts Payable | 67.50M | 57.40M | 56.50M | 58.70M | 67.70M | 59.40M |
| Accrued Expenses | 75.30M | 82.10M | 72.20M | 67.60M | 58.70M | 53.50M |
| Current Portion of Long-Term Debt | 1.60M | 1.20M | 1.20M | 5.30M | 3.90M | |
| Current Portion of Leases | 7.50M | 7.70M | 6.40M | 6.90M | 8.90M | 9.90M |
| Current Income Taxes Payable | 4.40M | 6.60M | 7.10M | 4.20M | 5.50M | 3.20M |
| Current Unearned Revenue | 121.80M | 112.30M | 96.60M | 103.40M | 83.00M | 73.00M |
| Other Current Liabilities | 23.30M | 48.40M | 23.40M | 23.70M | 15.20M | 18.10M |
| Total Current Liabilities | 299.80M | 316.10M | 263.40M | 265.70M | 244.30M | 221.00M |
| Long-Term Debt | 1.20B | 1.20B | 685.20M | 684.70M | 801.50M | 806.80M |
| Long-Term Leases | 33.50M | 26.80M | 27.10M | 28.20M | 34.40M | 40.90M |
| Long-Term Unearned Revenue | 1.00M | 2.50M | 800.00K | 3.90M | 900.00K | 2.10M |
| Long-Term Deferred Tax Liabilities | 59.30M | 70.00M | 61.10M | 84.00M | 116.30M | 161.00M |
| Other Long-Term Liabilities | 69.90M | 58.20M | 39.30M | 102.00M | 74.10M | 102.20M |
| Total Liabilities | 1.67B | 1.67B | 1.08B | 1.17B | 1.27B | 1.33B |
| Additional Paid-In Capital | 2.51B | 2.49B | 2.14B | 2.06B | 1.88B | 1.85B |
| Retained Earnings | -501.00M | -512.70M | -541.50M | -505.40M | -408.50M | -131.60M |
| Treasury Stock | -160.30M | -58.40M | -3.20M | -1.30M | ||
| Comprehensive Income & Other | -64.20M | -52.60M | -93.00M | -65.30M | -75.70M | -20.70M |
| Total Common Equity | 1.79B | 1.87B | 1.51B | 1.48B | 1.40B | 1.69B |
| Minority Interest | 50.10M | 50.50M | 53.50M | 65.50M | 69.00M | 90.80M |
| Shareholders' Equity | 1.84B | 1.92B | 1.56B | 1.55B | 1.47B | 1.78B |
| Total Liabilities & Equity | 3.50B | 3.59B | 2.64B | 2.72B | 2.74B | 3.12B |
| Total Debt | 1.24B | 1.23B | 719.90M | 721.00M | 850.10M | 861.50M |
| Net Cash (Debt) | -826.40M | -814.50M | -538.80M | -586.90M | -772.30M | -772.60M |
| Net Cash Per Share | -3.01 | -3.12 | -2.63 | -2.99 | -4.26 | -18.76 |
| Filing Date Shares Outstanding | 239.73M | 244.67M | 207.29M | 199.89M | 198.72M | 199.52M |
| Total Common Shares Outstanding | 239.73M | 244.66M | 207.17M | 199.43M | 181.55M | 199.52M |
| Working Capital | 605.10M | 577.60M | 331.30M | 272.90M | 236.30M | 232.40M |
| Book Value Per Share | 7.45 | 7.63 | 7.27 | 7.44 | 7.70 | 8.49 |
| Tangible Book Value | -589.70M | -612.30M | -332.20M | -501.90M | -670.20M | -776.30M |
| Tangible Book Value Per Share | -2.46 | -2.50 | -1.60 | -2.52 | -3.69 | -3.89 |
| Land | 57.90M | 58.00M | 52.20M | 49.40M | 46.50M | 45.00M |
| Machinery | 95.80M | 92.50M | 82.70M | 61.40M | 54.40M | 43.40M |
| Construction In Progress | 30.40M | 15.80M | 11.80M | 28.60M | 15.90M | 12.20M |
| Order Backlog | 1.10B | 811.90M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 29.00M | 28.80M | -36.10M | -96.90M | -276.90M | -223.30M |
| Depreciation & Amortization | 153.40M | 138.00M | 150.40M | 162.80M | 174.50M | 112.20M |
| Other Amortization | 5.60M | 4.20M | 3.10M | 3.10M | 3.50M | 3.60M |
| Loss (Gain) From Sale of Assets | 700.00K | 600.00K | -700.00K | 7.10M | 3.40M | 2.30M |
| Asset Writedown & Restructuring Costs | 211.80M | |||||
| Stock-Based Compensation | 22.30M | 15.20M | 15.60M | 21.90M | 31.80M | 14.50M |
| Provision & Write-off of Bad Debts | 1.50M | 2.50M | 3.40M | 1.80M | 300.00K | 900.00K |
| Other Operating Activities | -10.50M | -30.30M | -9.80M | -3.90M | -70.60M | 139.70M |
| Change in Accounts Receivable | -18.20M | 6.90M | -35.90M | -3.10M | -19.30M | -40.70M |
| Change in Inventory | -3.80M | 3.30M | 1.30M | -500.00K | -34.80M | -2.60M |
| Change in Accounts Payable | 12.00M | -10.80M | -1.50M | -9.90M | 4.50M | 16.60M |
| Change in Unearned Revenue | 12.70M | -900.00K | -1.10M | 23.90M | 6.90M | 13.90M |
| Change in Other Net Operating Assets | 4.90M | -14.20M | 10.40M | -11.10M | 4.30M | -2.50M |
| Operating Cash Flow | 209.60M | 143.30M | 99.10M | 95.20M | 39.40M | 34.60M |
| Capital Expenditures | -41.60M | -36.40M | -48.80M | -37.10M | -34.20M | -31.50M |
| Sale of Property, Plant & Equipment | 700.00K | 1.00M | 800.00K | |||
| Cash Acquisitions | -582.20M | -661.90M | -1.00M | -31.40M | -6.60M | -2.20B |
| Divestitures | 2.50M | 1.00M | ||||
| Other Investing Activities | 600.00K | 2.70M | 3.60M | 2.80M | 500.00K | |
| Investing Cash Flow | -622.50M | -694.60M | -43.70M | -64.70M | -39.50M | -2.23B |
| Long-Term Debt Issued | 755.00M | |||||
| Total Debt Issued | 755.00M | 809.20M | ||||
| Long-Term Debt Repaid | -244.60M | -127.30M | -6.60M | |||
| Total Debt Repaid | -244.60M | -127.30M | -6.60M | -14.00M | ||
| Net Debt Issued (Repaid) | 510.40M | -127.30M | -6.60M | 795.20M | ||
| Issuance of Common Stock | 425.00M | 150.00M | 900.00M | |||
| Repurchase of Common Stock | -102.90M | -56.00M | -2.00M | -1.00M | -146.30M | |
| Other Financing Activities | -2.20M | -103.50M | -1.30M | 900.00K | -400.00K | -20.10M |
| Financing Cash Flow | -105.10M | 775.90M | -3.30M | 22.60M | -7.00M | 1.53B |
| Foreign Exchange Rate Adjustments | -4.00M | 15.00M | -7.00M | 2.40M | -3.20M | -3.10M |
| Net Cash Flow | -522.00M | 239.60M | 45.10M | 55.50M | -10.30M | -670.50M |
| Free Cash Flow | 168.00M | 106.90M | 50.30M | 58.10M | 5.20M | 3.10M |
| Free Cash Flow Margin | 15.56% | 11.55% | 5.84% | 7.25% | 0.72% | 0.46% |
| Free Cash Flow Per Share | 0.61 | 0.41 | 0.24 | 0.30 | 0.03 | 0.07 |
| Levered Free Cash Flow | 141.29M | 126.47M | 91.09M | 129.19M | 89.76M | |
| Unlevered Free Cash Flow | 157.06M | 148.65M | 124.17M | 164.78M | 112.83M | |
| Cash Interest Paid | 28.50M | 37.90M | 55.10M | 58.50M | 37.10M | 35.60M |
| Cash Income Tax Paid | 18.70M | 27.00M | 23.10M | 26.30M | 12.50M | 16.10M |
| Change in Working Capital | 7.60M | -15.70M | -26.80M | -700.00K | -38.40M | -15.30M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.51B | 5.36B | 3.61B | 2.04B | 1.20B | 2.09B |
| Enterprise Value | 5.34B | 5.71B | 4.25B | 2.72B | 2.06B | 4.10B |
| Last Close Price | 18.37 | 23.42 | 17.45 | 10.25 | 6.61 | 10.47 |
| PE Ratio | 171.41 | 186.28 | ||||
| Forward PE | 29.45 | 41.45 | 37.13 | 27.76 | 17.01 | |
| PS Ratio | 4.18 | 5.80 | 4.19 | 2.55 | 1.67 | 3.13 |
| PB Ratio | 2.47 | 2.80 | 2.31 | 1.32 | 0.82 | 1.17 |
| P/FCF Ratio | 26.84 | 50.19 | 71.72 | 35.15 | 230.54 | 673.87 |
| P/OCF Ratio | 21.52 | 37.44 | 36.41 | 21.45 | 30.43 | 60.38 |
| PEG Ratio | 2.95 | 4.14 | 3.71 | 2.78 | 1.70 | |
| EV/Sales Ratio | 4.94 | 6.17 | 4.93 | 3.40 | 2.88 | 6.13 |
| EV/EBITDA Ratio | 22.77 | 27.87 | 23.72 | 18.26 | 19.78 | 44.25 |
| EV/EBIT Ratio | 65.96 | 85.46 | 148.44 | |||
| EV/FCF Ratio | 31.76 | 53.40 | 84.40 | 46.84 | 396.83 | 1,321.78 |
| Debt / Equity Ratio | 0.68 | 0.64 | 0.46 | 0.47 | 0.58 | 0.48 |
| Debt / EBITDA Ratio | 5.08 | 5.76 | 3.76 | 4.51 | 7.45 | 8.39 |
| Debt / FCF Ratio | 7.40 | 11.54 | 14.31 | 12.41 | 163.48 | 277.90 |
| Net Debt / Equity Ratio | 0.45 | 0.42 | 0.35 | 0.38 | 0.53 | 0.43 |
| Net Debt / EBITDA Ratio | 3.53 | 3.98 | 3.01 | 3.94 | 7.41 | 8.34 |
| Net Debt / FCF Ratio | 4.92 | 7.62 | 10.71 | 10.10 | 148.52 | 249.23 |
| Asset Turnover | 0.31 | 0.30 | 0.32 | 0.29 | 0.24 | |
| Inventory Turnover | 3.67 | 3.40 | 3.31 | 3.09 | 3.00 | |
| Quick Ratio | 2.37 | 2.24 | 1.65 | 1.37 | 1.24 | 1.40 |
| Current Ratio | 3.02 | 2.83 | 2.26 | 2.03 | 1.97 | 2.05 |
| Return on Equity (ROE) | 1.62% | 1.71% | -2.35% | -6.54% | -17.74% | |
| Return on Assets (ROA) | 1.44% | 1.34% | 0.67% | -0.32% | -1.50% | |
| Return on Invested Capital (ROIC) | 2.29% | 2.52% | 1.35% | -0.63% | -2.93% | -1.00% |
| Return on Capital Employed (ROCE) | 2.50% | 2.00% | 1.20% | -0.60% | -2.80% | -0.70% |
| Earnings Yield | 0.58% | 0.54% | -1.00% | -4.75% | -23.10% | -10.65% |
| FCF Yield | 3.73% | 1.99% | 1.39% | 2.84% | 0.43% | 0.15% |
| Buyback Yield / Dilution | -12.19% | -27.40% | -4.39% | -8.40% | -339.92% | -528.77% |