📊 MIR Key Takeaways
Is Mirion Technologies, Inc. (MIR) a Good Investment?
Mirion Technologies demonstrates solid revenue growth (7.5% YoY) with strong free cash flow generation (106.9M, 11.6% FCF margin), but profitability metrics are weak with declining net income (-3.4% YoY) and concerning returns on equity (1.5%) and assets (0.8%). The company's leverage position is manageable, but thin operating margins (5.6%) and low interest coverage (1.2x) indicate limited financial flexibility amid operational challenges.
Mirion Technologies shows solid revenue growth, healthy gross margins, and strong free cash flow generation, supported by good liquidity and manageable balance sheet leverage. However, earnings quality is mixed because net income declined despite higher sales, operating and net margins remain thin, and interest coverage is weak. The fundamentals support stability, but the company still needs clearer margin expansion and stronger profit conversion to warrant a more bullish view.
Why Buy Mirion Technologies, Inc. Stock? MIR Key Strengths
- Strong free cash flow generation at $106.9M with 11.6% FCF margin demonstrates cash conversion capability
- Healthy liquidity position with 2.83x current ratio and 2.34x quick ratio providing financial flexibility
- Manageable leverage with 0.24x debt-to-equity ratio allowing room for strategic investments
- Positive revenue growth of 7.5% YoY indicates market demand for core offerings
- Revenue growth remains positive at 7.5% YoY with a solid 47.4% gross margin
- Liquidity is strong, with a 2.83x current ratio and $412.3M in cash
- Free cash flow generation is healthy at $106.9M, or an 11.6% FCF margin
MIR Stock Risks: Mirion Technologies, Inc. Investment Risks
- Net income declining 3.4% YoY despite revenue growth signals operational inefficiency or rising cost pressures
- Critically weak profitability metrics with 3.1% net margin, 1.5% ROE, and 0.8% ROA indicating poor capital utilization
- Low interest coverage ratio of 1.2x leaves minimal buffer for earnings volatility or debt servicing stress
- Operating margin of 5.6% with gross margin of 47.4% reveals substantial operating expense burden reducing profitability
- Significant insider activity (7 Form 4 filings in 90 days) may indicate uncertainty or strategic transitions
- Operating profitability is still modest, with a 5.6% operating margin and 3.1% net margin
- Net income fell 3.4% YoY, suggesting weaker earnings conversion despite top-line growth
- Interest coverage of 1.2x leaves limited cushion if financing costs or earnings volatility increase
Key Metrics to Watch
- Operating margin trend and gross margin sustainability
- Net income recovery and return on equity improvement
- Interest coverage ratio and debt service capacity
- Free cash flow consistency and capital allocation efficiency
- Operating margin and net margin expansion
- Interest coverage and net income growth
Mirion Technologies, Inc. (MIR) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.83x current ratio provides a solid financial cushion.
MIR Profit Margin, ROE & Profitability Analysis
MIR vs Market Sector: How Mirion Technologies, Inc. Compares
How Mirion Technologies, Inc. compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Mirion Technologies, Inc. Stock Overvalued? MIR Valuation Analysis 2026
Based on fundamental analysis, Mirion Technologies, Inc. has mixed fundamental signals relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Mirion Technologies, Inc. Balance Sheet: MIR Debt, Cash & Liquidity
MIR Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Mirion Technologies, Inc.'s revenue has grown significantly by 51% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.49 indicates the company is currently unprofitable.
MIR Revenue Growth, EPS Growth & YoY Performance
MIR Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $206.8M | $2.9M | $0.01 |
| Q2 2025 | $207.1M | $8.3M | $0.03 |
| Q1 2025 | $192.6M | $300.0K | $0.00 |
| Q3 2024 | $191.2M | -$12.1M | $-0.06 |
| Q2 2024 | $197.2M | -$11.7M | $-0.06 |
| Q1 2024 | $182.1M | -$25.8M | $-0.13 |
| Q3 2023 | $160.9M | -$12.1M | $-0.06 |
| Q2 2023 | $175.8M | -$27.7M | $-0.14 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Mirion Technologies, Inc. Dividends, Buybacks & Capital Allocation
MIR SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Mirion Technologies, Inc. (CIK: 0001809987)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MIR
What is the AI rating for MIR?
Mirion Technologies, Inc. (MIR) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are MIR's key strengths?
Claude: Strong free cash flow generation at $106.9M with 11.6% FCF margin demonstrates cash conversion capability. Healthy liquidity position with 2.83x current ratio and 2.34x quick ratio providing financial flexibility. ChatGPT: Revenue growth remains positive at 7.5% YoY with a solid 47.4% gross margin. Liquidity is strong, with a 2.83x current ratio and $412.3M in cash.
What are the risks of investing in MIR?
Claude: Net income declining 3.4% YoY despite revenue growth signals operational inefficiency or rising cost pressures. Critically weak profitability metrics with 3.1% net margin, 1.5% ROE, and 0.8% ROA indicating poor capital utilization. ChatGPT: Operating profitability is still modest, with a 5.6% operating margin and 3.1% net margin. Net income fell 3.4% YoY, suggesting weaker earnings conversion despite top-line growth.
What is MIR's revenue and growth?
Mirion Technologies, Inc. reported revenue of $925.4M.
Does MIR pay dividends?
Mirion Technologies, Inc. does not currently pay dividends.
Where can I find MIR SEC filings?
Official SEC filings for Mirion Technologies, Inc. (CIK: 0001809987) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MIR's EPS?
Mirion Technologies, Inc. has a diluted EPS of $0.11.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is MIR a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Mirion Technologies, Inc. has a HOLD rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is MIR stock overvalued or undervalued?
Valuation metrics for MIR: ROE of 1.5% (sector avg: 15%), net margin of 3.1% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy MIR stock in 2026?
Our dual AI analysis gives Mirion Technologies, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is MIR's free cash flow?
Mirion Technologies, Inc.'s operating cash flow is $143.3M, with capital expenditures of $36.4M. FCF margin is 11.6%.
How does MIR compare to other Market stocks?
Vs Default sector averages: Net margin 3.1% (avg: 12%), ROE 1.5% (avg: 15%), current ratio 2.83 (avg: 1.8).