MESA LABORATORIES INC /CO/ MLAB

Latest FY: 2026 Technology Scientific & Technical Instruments
Market Price $106.14
Market Cap $621.66M
P/E Ratio 87.72
Quick Peer Compare (Technology):
Revenue (FY 2026) ↑3.4% YoY
$249.13M
3-Yr CAGR: 4.4%
Net Income ↑440.0% YoY
$6.71M
Net Margin: 2.7%
Free Cash Flow ↓-7.0% YoY
$39.58M
FCF Yield: 6.37%
EPS (Diluted) ↑436.1% YoY
$1.21
Basic: $1.22
Return on Equity Efficiency
3.6%
ROA: 75.7%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (MLAB)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2017 $93.7M $53.2M $11.2M $2.91 $7.8M $-3.9M
FY 2018 $96.2M +2.7% $54.6M $-3.0M -126.5% $-0.79 -127.1% $24.8M $22.0M +671.1%
FY 2019 $103.1M +7.2% $60.9M $7.5M +352.7% $1.86 +335.4% $30.6M $29.3M +33.1%
FY 2020 $117.7M +14.1% $64.9M $1.3M -82.0% $0.31 -83.3% $26.6M $25.1M -14.4%
FY 2021 $133.9M +13.8% $87.0M $3.3M +142.7% $0.64 +106.5% $37.1M $35.1M +40.0%
FY 2022 $184.3M +37.6% $109.1M $1.9M -42.9% $0.35 -45.3% $39.2M $34.8M -0.8%
FY 2023 $219.1M +18.8% $133.7M $0.9M -50.3% $0.17 -51.4% $28.0M $23.4M -32.6%
FY 2024 $216.2M -1.3% $133.2M $-254.2M -27,438.3% $-47.20 -27,864.7% $44.1M $41.6M +77.3%
FY 2025 $241.0M +11.5% $150.9M $-2.0M +99.2% $-0.36 +99.2% $46.8M $42.6M +2.4%
FY 2026 $249.1M +3.4% $158.3M $6.7M +440.0% $1.21 +436.1% $42.8M $39.6M -7.0%
$

Valuation

Market Price $106.14
Market Cap $621.66M
Enterprise Value $662.23M
P/E Ratio 87.72
P/B Ratio 3.15
FCF Yield 6.37%
Dividend Yield N/A
Shares Outstanding 5,524,900
%

Profitability & Margins

Gross Margin 63.53%
Operating Margin 7.43%
Net Margin 2.69%
Return on Equity (ROE) 3.60%
Return on Assets (ROA) 75.69%
Asset Turnover 28.09x
Revenue 3-Yr CAGR 4.38%
🛡️

Financial Health & Liquidity

Current Ratio 0.50
Cash Ratio 1.53
Debt / Equity 0.362
Debt / Assets 7.612
Cash & Equivalents $26.93M
Total Debt $67.50M
Book Value / Share $33.71
💧

Cash Flow Efficiency

Operating Cash Flow $42.83M
Capital Expenditures (CapEx) $3.25M
Free Cash Flow $39.58M
OCF / Revenue 17.19%
FCF / Revenue 15.89%
FCF 3-Yr CAGR 19.08%
🏷️

Per Share Metrics

EPS (Diluted) $1.21
EPS (Basic) $1.22
Dividends / Share N/A
Book Value / Share $33.71
EPS YoY Growth 436.11%
🏛️

Balance Sheet (FY 2026)

Total Assets $8.87M
Total Liabilities $17.62M
Stockholders' Equity $186.25M
Current Assets $8.87M
Current Liabilities $17.62M