Mesa Laboratories, Inc. logo MLAB - Mesa Laboratories, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 3
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $94.00 DETAILS
HIGH: $94.00
LOW: $94.00
MEDIAN: $94.00
CONSENSUS: $94.00
DOWNSIDE: 13.48%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 241.0 216.2 219.1 184.3 133.9 117.7 103.1 96.2 93.7 84.7 71.3 52.7 46.4 39.6 32.8 21.9 21.5 19.6 17.2 11.6 10.0 9.1 9.1 9.0 9.1 8.7 8.1 7.9 7.8 8.1 6.6 6.2 4.4
Cost of Revenue 90.1 82.9 85.4 75.2 46.9 52.3 42.2 41.6 40.4 33.2 27.9 21.0 17.6 16.1 13.3 8.7 7.7 6.7 6.3 4.1 3.7 3.4 3.4 3.7 3.1 2.8 2.4 2.5 2.7 2.8 2.2 2.1 1.4
Gross Profit 150.9 133.2 133.7 109.1 87.0 65.4 60.9 54.6 53.2 51.4 43.4 31.7 28.9 23.5 19.6 13.2 13.8 12.9 10.9 7.4 6.3 5.7 5.7 5.4 6.0 5.9 5.7 5.4 5.1 5.3 4.4 4.1 3
Operating Expenses
R&D Expenses 19.5 19.3 20.5 15.8 10.4 6.4 3.5 3.5 4.2 4.0 3.3 2.3 2.0 1.4 1.4 0.7 0.6 0.5 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.3 0.2 0.3 0.3 0.3 0.4 0 0
SG&A Expenses 115.0 111.5 109.9 88.6 64.3 51.1 39.6 35.1 32.8 31.1 24.2 17.6 13.7 9.3 8.3 5.2 5.6 5.3 4.8 3.0 2.5 2.1 2.2 2.2 2.4 2.4 2.2 2.1 2.1 2.3 1.8 2.3 1.6
Other Expenses 0 274.5 0 0 0 0 0 0 0 0 0 0 (0.1) 0 0 0 0 0 0 0 0 0 0 0 0 0.3 0.2 0.2 0.2 0.3 0.3 0.2 0.1
Operating Expenses 134.5 405.3 130.4 104.4 74.7 57.4 43.1 38.6 36.9 35.1 27.5 19.9 15.8 10.7 9.7 5.8 6.2 5.8 5.2 3.3 2.8 2.4 2.5 2.4 2.7 3.0 2.6 2.6 2.6 2.9 2.5 2.5 1.7
Operating Income
Operating Income 16.3 (272.1) 3.3 4.7 12.4 7.9 9.8 2.2 16.3 16.3 15.9 11.8 13.1 12.5 9.9 7.4 7.6 7.1 5.7 4.1 3.5 3.2 3.2 2.9 2.8 2.8 3.1 2.8 2.5 2.4 1.9 1.6 1.3
Interest Expense 11.9 5.7 4.8 3.9 8.0 5.5 0 1.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0.1 1.0 1.7 0.0 0 0 0 0 0 0 0 0 0.1 195 130 193 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 42.3 (238.4) 37.5 32.5 28.0 22.4 18.1 9.8 25.1 23.5 21.5 15.6 16.5 14.5 11.7 8.2 8.4 7.8 6.3 4.2 3.6 3.3 3.3 3.1 3.8 3.2 3.3 3.2 2.7 2.7 2.2 1.8 1.4
EBIT 17.8 (270.0) 4.4 7.5 10.3 9.4 8.6 2.2 16.3 16.3 15.9 11.8 13.1 12.8 9.9 7.4 7.6 7.1 5.7 4.1 3.5 3.2 3.2 2.9 3.3 2.8 3.1 3 2.5 2.4 1.9 1.6 1.3
Income Before Tax 6.0 (275.6) (0.4) 3.6 2.3 3.9 8.6 0.3 14.3 15.6 15.3 13.1 13.0 12.3 9.8 7.4 7.7 7.3 5.8 4.3 3.6 3.3 3.2 3.0 2.9 3.1 3.2 3.2 2.6 2.4 1.8 1.5 1.3
Income Tax Expense 7.9 (21.4) (1.3) 1.7 (1.0) 2.1 1.1 3.3 3.1 4.4 5.8 4.1 4.5 4.4 3.6 2.6 2.9 2.6 1.8 1.5 1.3 1.2 1.1 1.0 1.0 1.0 1.1 1.1 0.9 0.8 0.6 0.5 0.4
Net Income (2.0) (254.2) 0.9 1.9 3.3 1.8 7.5 (3.0) 11.2 11.2 9.6 9 8.4 7.9 6.2 4.8 4.8 4.6 4.0 2.8 2.3 2.1 2.1 2.0 1.8 2.1 2.1 2.1 1.7 1.6 1.2 1 0.9
Per Share Data
EPS (Basic) -0.36 -47.20 0.17 0.36 0.66 0.32 1.95 -0.79 3.04 3.10 2.72 2.61 2.52 2.41 1.91 1.49 1.51 1.46 1.25 0.94 0.76 0.70 0.66 0.60 0.59 0.55 0.51 0.48 0.39 0.29 0.29 0.23 0.21
EPS (Diluted) -0.36 -47.20 0.17 0.35 0.64 0.31 1.86 -0.79 2.91 2.97 2.63 2.49 2.35 2.29 1.86 1.45 1.48 1.41 1.22 0.92 0.74 0.68 0.64 0.59 0.59 0.55 0.50 0.47 0.39 0.29 0.29 0.23 0.21
Shares Outstanding 5.4 5.4 5.3 5.2 5.0 4.2 3.8 3.7 3.7 3.6 3.5 3.4 3.4 3.3 3.2 3.2 3.2 3.2 3.2 3.0 3.1 3.1 3.2 3.4 3.7 3.8 4.1 4.3 4.5 4.3 4.1 4.3 4.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 27.3 28.2 32.9 49.3 263.9 81.4 10.2 5.5 5.8 5.7 9.1 5.8 4.7 4.8 3.5 2.3 2.8 6.7 3.3 3.9 1.8 0.4 0.9 0.1
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 2.1 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 42.0 39.1 42.6 41.2 23.8 21.1 12.5 14.3 14.3 15.3 4.3 3.9 1.6 2.3 2.3 3.3 2.3 1.7 1.7 1.6 2.1 1.7 1.5 1.2
Inventory 25.4 32.7 34.6 24.6 11.2 14.2 6.8 9.2 13.9 14.0 4.5 4.0 2.1 2.3 2.4 2.4 2.0 1.7 1.9 2 2 2 1.7 1.5
Other Current Assets 2.9 3.3 4.0 0 0 1.9 2.6 2.2 0.6 1.2 0.3 0.3 0.1 0.1 0 0 0.2 0.2 2.3 0.1 0.2 0.2 0.2 0.2
Total Current Assets 102.7 109.4 119.0 124.3 303.7 122.8 33.6 32.0 35.8 37.2 18.6 14.4 10.7 9.6 8.6 8.1 7.3 10.3 9.2 7.6 6.1 4.3 4.3 3
Non-Current Assets
Property, Plant & Equipment 32.3 41.4 28.1 28.6 22.0 22.1 22.2 23.6 26.0 16.6 3.9 3.5 1.3 1.3 1.4 1.5 1.6 1.6 1.7 1.6 1.6 1.3 0.5 0.9
Goodwill 181.8 180.1 286.4 291.2 160.8 141.5 66.4 65.5 72.2 66.1 5.3 5.3 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 96.9 113.8 216.8 250.1 111.7 119.9 33.2 42.9 37.8 40.8 1.7 2.2 4.2 4.2 4.2 4.2 4.6 0.8 0.9 0.7 1 1.2 0.9 1.5
Long-Term Investments 0 0 0 0 0 (272.9) (0.2) (108.5) (113.5) (108.2) 0 (293) 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 18.3 0.9 10.4 11.8 2.5 275.3 0.2 108.5 109.9 106.9 0 0.1 0 0 0.2 0 0 (0.1) 0 0.3 0.1 0.1 0.4 0
Total Non-Current Assets 330.7 337.4 542.9 583.1 297.7 297.4 123.1 132.1 135.9 123.6 11.0 11.1 5.5 5.6 5.8 5.7 6.2 2.3 2.6 2.6 2.7 2.6 1.8 2.4
Total Assets 433.3 446.8 661.8 707.4 601.5 420.2 156.8 164.1 171.7 160.7 29.6 25.5 16.2 15.2 14.4 13.8 13.5 12.6 11.8 10.2 8.8 6.9 6.1 5.4
Current Liabilities
Account Payables 5.7 6.0 6.1 7.9 4.5 3.4 2.9 2.4 2.2 2.8 0.3 0.2 0.1 0.1 0.1 0.4 0.2 0.1 0.1 0 0.1 0.1 0.1 0.1
Short-Term Debt 101.0 0 0 0 0 0 2.1 1.6 1.1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0.3
Deferred Revenue 14.7 15.5 15.7 14.6 9.3 6.8 4.0 3.9 4.1 3.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 15.5 0 0 0 12.7 7.3 4.1 4.3 7.8 1.0 0 0.1 0.0 0.0 0.1 0.6 0.6 0.4 0.6 0.6 0.4 0.5 0.6
Total Current Liabilities 164.0 44.3 43.4 48.1 32.6 26.0 23.7 17.3 16.6 24.0 1.5 1.6 0.7 0.6 0.5 0.9 0.8 0.7 0.5 0.6 0.7 0.5 0.6 1
Non-Current Liabilities
Long-Term Debt 76.9 221.7 183.3 218.4 145.7 140.3 20.6 44.6 53.7 42.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 20.2 19.8 34.0 39.2 16.3 32.5 1.1 2.6 3.6 5.4 0.5 0.2 0.2 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0 0
Other Non-Current Liabilities 12.5 9 7.7 7.9 0.7 1.4 0.1 0.2 0.1 4.4 0 0 (0.0) 0 0 0 0 (0.1) 0 (0.1) 0 0 0.1 0
Total Non-Current Liabilities 109.6 257.1 225.0 265.5 162.7 174.2 21.8 47.5 57.3 52.1 0.5 0.2 0.2 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0
Total Liabilities 273.5 301.4 268.4 313.6 195.2 200.2 45.5 64.7 73.9 76.1 2.0 1.8 0.8 0.7 0.5 0.9 0.9 0.7 0.6 0.6 0.8 0.6 0.7 1
Stockholders' Equity
Common Stock 358.5 343.6 332.1 313.5 317.7 158.0 39.8 30.5 25.9 21.0 0 0 1.3 1.3 1.8 2.2 2.7 0 0 0 0 0 0 0
Retained Earnings (188.9) (183.5) 74.2 76.7 72.5 71.9 73.3 68.3 73.7 64.8 22.8 19.1 14.1 13.2 12.1 10.8 9.9 9 7.8 6.1 4.6 3.2 2 1
Accumulated Other Comprehensive Income (9.8) (14.8) (12.8) 3.7 16.1 (9.9) (1.8) 0.6 (1.8) (1.2) (2.6) (2.4) (1.7) (1.6) (1.5) (1.4) (1.3) (1.2) (1.1) (1) (0.8) (0.8) (0.6) (0.5)
Total Stockholders' Equity 159.8 145.4 393.5 393.8 406.2 220.0 111.3 99.4 97.8 84.7 27.6 23.7 15.4 14.5 13.9 12.9 12.6 11.9 11.2 9.6 8 6.3 5.4 4.4
Total Liabilities & Equity 433.3 446.8 661.8 707.4 601.5 420.2 156.8 164.1 171.7 160.7 29.6 25.5 16.2 15.2 14.4 13.8 13.5 12.6 11.8 10.2 8.8 6.9 6.1 5.4
Debt Metrics
Total Debt 181.5 231.3 186.1 221.1 146.7 141.4 22.7 46.3 54.8 45.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0.3
Net Debt 154.2 203.1 153.2 171.8 (117.2) 60.0 12.6 40.8 49.0 39.6 (9.1) (5.8) (4.7) (4.8) (3.5) (2.3) (2.8) (6.7) (3.3) (3.9) (1.8) (0.4) (0.9) 0.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income (2.0) (254.2) 0.9 1.9 3.3 1.3 7.5 (3.0) 11.2 11.2 2.3 2.1 2.1 2.0 1.8 2.1 2.1 2.1 1.7 1.6 1.2 1 0.9
Depreciation & Amortization 24.5 31.6 33.1 25.1 17.7 13.0 9.4 9.5 8.7 7.2 0.1 0.1 0.1 0.1 0.5 0.3 0.2 0.2 0.2 0.3 0.3 0.2 0.1
Stock-Based Compensation 13.1 11.9 12.5 11.4 9.3 5.5 4.2 1.7 1.4 1.3 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 6.9 6.0 (17.1) (7.2) 5.3 (3.1) 7.9 3.2 (13.0) (2.0) 0.0 1.0 0.6 0.1 (1.3) (0.1) 0.2 (0.1) 0.5 (0.2) (0.5) (0.5) (0.4)
Other Non-Cash Items 4.3 277.3 2.0 8.0 5.1 11.8 4.0 16.1 0.1 0.1 0.0 (0.1) 0.0 (0.0) 0.1 (0.0) 0.2 0 0 0 (0.1) 0 (0.1)
Operating Cash Flow 46.8 44.1 28.0 39.2 37.1 26.6 30.6 24.8 7.8 16.9 2.5 3.3 2.9 2.3 1.0 2.3 2.7 2.2 2.4 1.7 0.9 0.7 0.5
Investing Activities
Capital Expenditure (4.5) (2.6) (4.5) (4.4) (2.0) (1.5) (1.3) (2.8) (11.6) (7.7) (0.1) (0.0) (0.1) (0.0) (0.1) (4.1) 0 (0.2) (0.1) (0.4) (1) 0 0
Acquisitions 0 (78.7) (5.0) (300.8) 0 (184.1) (4.8) (15.5) (6.8) (24.1) 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 (1.0) (2.1) 0 0 0 0 0 (2) 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 1.2 0 0 0 0 0 2 0 0 0 0 0 0
Other Investing Activities (0.2) 0 0 0 0 0.0 2.2 1.1 (6.8) (31.8) 0 0 0 0 0 (0.1) 0 (0.1) (0.1) 0 0 0.4 (2)
Investing Cash Flow (4.5) (81.3) (9.5) (305.2) (2.0) (185.6) (3.9) (17.2) (18.4) (31.8) 0.1 (2.1) (0.1) (0.0) (0.1) (4.2) 2 (2.3) (0.2) (0.4) (1) 0.4 (2)
Financing Activities
Net Debt Issuance (42.3) 37.5 (36) 49 0 149.5 (23.6) (8.6) 9.6 19 0 0 0 0 0 (0.2) 0 0 (0.3) 0 0 (0.3) (0.2)
Stock Repurchased 0 0 0 0 0 0 (5.1) 0 0 0 (1.2) (0.8) (1.6) (1.1) (1.5) (1.9) (1.4) (0.6) 0 0 (0.4) 0 0
Dividends Paid (3.5) (3.4) (3.4) (3.3) (3.2) (2.7) (2.5) (2.4) (2.4) (2.3) (1.3) (0.8) 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 1.3 (1.2) 6.1 6.9 3.5 (5.4) (0.7) 2.9 0 1.9 0 0.0 0 0 0 0 (0.1) 0 0 (0.1) 0 0 0.2
Financing Cash Flow (44.5) 32.8 (33.3) 52.6 146.2 231.3 (21.7) (8.1) 10.7 18.6 (2.3) (1.2) (1.5) (1.1) (1.5) (2.0) (1.4) (0.5) (0.2) 0.1 (0.4) (0.3) 0.2
Cash Position
Net Change in Cash (0.9) (4.7) (16.4) (214.5) 182.5 71.2 4.7 (0.4) 0.1 3.7 0.3 (0.1) 1.3 1.1 (0.5) (3.8) (1.4) (0.5) (0.2) 0.1 (0.4) (0.3) (1.3)
Cash at Beginning 28.2 32.9 49.3 263.9 81.4 10.2 5.5 5.8 5.7 2.0 4.7 4.8 3.5 2.3 2.8 6.7 3.4 3.9 1.8 0.4 0.9 0.1 1.6
Cash at End 27.3 28.2 32.9 49.3 263.9 81.4 10.2 5.5 5.8 5.7 5.0 4.7 4.8 3.5 2.3 2.8 2 3.4 1.6 0.5 0.5 (0.2) 0.3
Free Cash Flow 42.3 41.6 23.4 34.8 35.1 25.1 29.3 22.0 (3.9) 9.2 2.4 3.2 2.8 2.2 1.0 (1.8) 2.7 2 2.3 1.3 (0.1) 0.7 0.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 241.0 216.2 219.1 184.3 133.9 117.7 103.1 96.2 93.7 84.7 71.3 52.7 46.4 39.6 32.8 21.9 21.5 19.6 17.2 11.6 10.0 9.1 9.1 9.0 9.1 8.7 8.1 7.9 7.8 8.1 6.6 6.2 4.4
Gross Profit 150.9 133.2 133.7 109.1 87.0 65.4 60.9 54.6 53.2 51.4 43.4 31.7 28.9 23.5 19.6 13.2 13.8 12.9 10.9 7.4 6.3 5.7 5.7 5.4 6.0 5.9 5.7 5.4 5.1 5.3 4.4 4.1 3
Operating Income 16.3 (272.1) 3.3 4.7 12.4 7.9 9.8 2.2 16.3 16.3 15.9 11.8 13.1 12.5 9.9 7.4 7.6 7.1 5.7 4.1 3.5 3.2 3.2 2.9 2.8 2.8 3.1 2.8 2.5 2.4 1.9 1.6 1.3
Net Income (2.0) (254.2) 0.9 1.9 3.3 1.8 7.5 (3.0) 11.2 11.2 9.6 9 8.4 7.9 6.2 4.8 4.8 4.6 4.0 2.8 2.3 2.1 2.1 2.0 1.8 2.1 2.1 2.1 1.7 1.6 1.2 1 0.9
EPS (Diluted) -0.36 -47.20 0.17 0.35 0.64 0.31 1.86 -0.79 2.91 2.97 2.63 2.49 2.35 2.29 1.86 1.45 1.48 1.41 1.22 0.92 0.74 0.68 0.64 0.59 0.59 0.55 0.50 0.47 0.39 0.29 0.29 0.23 0.21
Balance Sheet
Cash & Equivalents 27.3 28.2 32.9 49.3 263.9 81.4 10.2 5.5 5.8 5.7 9.1 5.8 4.7 4.8 3.5 2.3 2.8 6.7 3.3 3.9 1.8 0.4 0.9 0.1
Total Assets 433.3 446.8 661.8 707.4 601.5 420.2 156.8 164.1 171.7 160.7 29.6 25.5 16.2 15.2 14.4 13.8 13.5 12.6 11.8 10.2 8.8 6.9 6.1 5.4
Total Debt 181.5 231.3 186.1 221.1 146.7 141.4 22.7 46.3 54.8 45.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0.3
Stockholders' Equity 159.8 145.4 393.5 393.8 406.2 220.0 111.3 99.4 97.8 84.7 27.6 23.7 15.4 14.5 13.9 12.9 12.6 11.9 11.2 9.6 8 6.3 5.4 4.4
Cash Flow
Operating Cash Flow 46.8 44.1 28.0 39.2 37.1 26.6 30.6 24.8 7.8 16.9 2.5 3.3 2.9 2.3 1.0 2.3 2.7 2.2 2.4 1.7 0.9 0.7 0.5
Capital Expenditure (4.5) (2.6) (4.5) (4.4) (2.0) (1.5) (1.3) (2.8) (11.6) (7.7) (0.1) (0.0) (0.1) (0.0) (0.1) (4.1) 0 (0.2) (0.1) (0.4) (1) 0 0
Free Cash Flow 42.3 41.6 23.4 34.8 35.1 25.1 29.3 22.0 (3.9) 9.2 2.4 3.2 2.8 2.2 1.0 (1.8) 2.7 2 2.3 1.3 (0.1) 0.7 0.5