📊 MIR Key Takeaways
Is MIR a Good Investment? Thesis Analysis
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.
Why Buy 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
MIR Investment Risks to Consider
- 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
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
MIR Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 2.83x current ratio provides a solid financial cushion.
MIR Profitability Ratios
MIR vs Default Sector
How Mirion Technologies, Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is MIR Overvalued or Undervalued?
Based on fundamental analysis, Mirion Technologies, Inc. has mixed fundamental signals relative to the Default 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.
MIR Balance Sheet & Liquidity
MIR 5-Year Financial Trend & Growth Analysis
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 Growth Metrics (YoY)
MIR Quarterly 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.
MIR Capital Allocation
MIR SEC 10-K & 10-Q Filing 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 an AI rating of HOLD with 62% 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.
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.
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 62% 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 Default stocks?
Vs Default sector averages: Net margin 3.1% (avg: 12%), ROE 1.5% (avg: 15%), current ratio 2.83 (avg: 1.8).