MIRNYSEMeasuring & Controlling Devices, NECFiscal year ends December 31
Mirion Technologies, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$14.93−0.22 (-1.45%)
Close on Oct 19, 2026
- Market cap
- $4.11B
- P/E (TTM)
- 165.9
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
47.4%+4.6 pts over 5 years
Operating margin
5.6%−1.0 pts over 5 years
Net margin
3.1%+30.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.5% | – | +14.1% | – | |
| Gross profit | +9.7% | – | +17.4% | – | |
| Operating income | +107.7% | – | +17.5% | – | |
| Free cash flow | +112.5% | – | +40.4% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2019 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 1.7% | |
| Return on assets | – | – | 0.9% | |
| Current ratio | – | – | 2.83 | |
| Debt to equity | – | – | 0.24 | |
| Net debt to EBITDA | – | – | 0.17× | |
| Interest coverage | – | – | 1.2× | |
| Inventory turnover | – | – | 3.4× | |
| Capex to revenue | – | 3.7% | 3.9% | |
| Diluted shares | – | 6M | 261M |
Where the cash went
Fiscal 2020 to 2025, five years combined
Mirion Technologies generated $430.70M from operations and spent $215.00M on capital expenditure, dividends and share buybacks. 77% of that went back into the business.
Generated
$430.70M
Used
$215.00M
Capital expenditure$165.40M77%Dividends$00%Share buybacks$49.60M23%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.1%
×Asset turnover0.30×
×Equity multiplier1.85×
=Return on equity, FY20251.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.1% | 0.30× | 1.85× | 1.7% |
| FY2024 | -4.2% | 0.32× | 1.79× | -2.4% |
| FY2021 | -25.9% | 0.44× | -1.79× | 20.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$28.80M
- Cash generatingOperating cash flow above zero$143.30M
- Return on assets improvedROA up on the prior year-1.3% → 1.1%
- Earnings backed by cashOperating cash flow above net income$143.30M vs $28.80M
- Less leverageLong-term debt to assets fell26.0% → 12.3%
- Better liquidityCurrent ratio rose2.26 → 2.83
- No dilutionShare count did not rise205M → 261M
- Gross margin improvedGross margin up on the prior year46.43% → 47.40%
- More efficientAsset turnover rose0.32 → 0.35