Mirion Technologies, Inc. (MIR)

Mirion Technologies, Inc. provides radiation detection, measurement, analysis, and monitoring products and services in North America, Europe, and the Asia Pacific. It operates in two segments, Medical, and Nuclear & Safety. The Medical segment offers radiation oncology quality assurance and dosimetry solutions; patient safety solutions for diagnostic imaging and radiation therapy centers; radiation therapy quality assurance solutions for calibrating and verifying imaging and treatment accuracy; and radionuclide therapy products for nuclear medicine applications, such as product handling, medical imaging furniture, and rehabilitation products. This segment improves the quality and safety of cancer care delivery; and supports applications across medical diagnostics and practitioner safety. The Nuclear & Safety segment focuses on addressing critical radiation safety, measurement, and analysis applications; and provides personal radiation detection, identification equipment, and analysis tools. The company also offers include radiation measurement and monitoring solutions, reactor instrumentation and control detectors, imaging systems and cameras, and waste management systems; laboratory and scientific analysis systems comprising gamma/alpha spectroscopy, alpha/beta counting, specialty detectors, and spectroscopy software; radiation measurement and health physics instrumentation; and contamination and clearance monitors. It serves hospitals, clinics and urgent care facilities, dental and veterinary offices, radiation treatment facilities, OEMs for radiation therapy, laboratories, military organizations, government agencies, industrial companies, power and utility companies, reactor design firms, and NPPs. The company was formerly known as Global Monitoring Systems, Inc. and changed its name to Mirion Technologies, Inc. in January 2006. Mirion Technologies, Inc. was incorporated in 2005 and is headquartered in Atlanta, Georgia.

Symbol
MIR
Exchange
NYSE
Sector
Industrials
Industry
Specialty Industrial Machinery
Market cap
$4.03B
52 week range
14.11 - 30.28

Valuation

Share price
$16.38 (close of 2026-09-23)
P/E (TTM)
149.91x
Price to book
2.15x
Price to free cash flow
30.16x
Enterprise value
$4.85B
Book value per share
$7.67

Price performance

PeriodChange
1 day+1.05%
5 days+4.53%
1 month+10.53%
3 months-12.78%
6 months-15.22%
Year to date-30.06%
1 year-33.41%
3 years+109.73%
5 years+61.06%
All time+64.62%

Profitability and growth

Return on equity
1.50%
Return on invested capital
1.77%
Return on assets
0.80%
Return on capital employed
1.57%
Gross margin
47.40%
Net margin
3.11%
EBITDA margin
20.49%
Revenue growth
7.50%
Net income growth
179.78%
Free cash flow growth
112.52%

Cash flow and balance sheet

Free cash flow yield (TTM)
3.32%
Current ratio
3.20x
Net debt to EBITDA
3.78x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$925.40M
Cost of revenue
$486.80M
Gross profit
$438.60M
EBITDA
$189.60M
Net income
$28.80M
Earnings per share
$0.13
Research and development
$38.90M
Shares outstanding
229.96M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$925.40M$438.60M$28.80M$0.13
2024-12-31$860.80M$399.70M$-36.10M$-0.18
2023-12-31$800.90M$356.40M$-96.90M$-0.49
2022-12-31$717.80M$310.10M$-276.90M$-1.53
2021-12-31--$-158.40M$0.00
2021-06-30$611.60M$251.80M$-158.30M$-24.18
2020-12-31--$-45.26M$0.00
2020-06-30$478.20M$197.00M$-119.10M$-18.45
2019-12-31--$-341$0.00
2019-06-30$440.10M$188.20M$-122.00M$-19.36

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3147.40%3.11%1.50%1.77%
2024-12-3146.43%-4.19%-2.32%1.05%
2023-12-3144.50%-12.10%-6.25%-0.71%
2022-12-3143.20%-38.58%-18.87%-12.46%
2021-12-31---8.88%-
2021-06-3041.17%-25.88%18.86%-
2020-12-31--46.20%-
2020-06-3041.20%-24.91%16.62%-
2019-12-31---7.81%-
2019-06-3042.76%-27.72%20.76%-

Cash and debt by year

Period endCashDebt
2025-12-31$412.30M$443.10M
2024-12-31$175.20M$685.20M
2023-12-31$128.80M$684.70M
2022-12-31$73.50M$801.50M
2021-12-31$84.00M$806.80M
2021-06-30$101.10M$885.70M
2020-12-31$750.45M-
2020-07-02$120.00M$669.80M
2020-06-30$118.40M$669.80M
2019-12-31$5.00K-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$106.90M$15.20M
2024-12-31$50.30M$15.60M
2023-12-31$58.10M$21.90M
2022-12-31$5.20M$31.80M
2021-06-30$30.40M-
2020-12-31$-945.35K-
2020-06-30$19.60M$200.00K
2019-06-30$-1.80M$100.00K

Investor relations

Next earnings report

Next confirmed report
2026-10-27
Consensus EPS estimate
$0.12

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-28Jun/2026$0.10
2026-04-28--
2026-02-10--
2025-10-28--
2025-07-31--
2025-04-29--
2025-02-11--
2024-10-29--

Filings and sources

Company website
mirion.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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