Saturday 7 November 2026 Export MLAB’s income statement to Excel — free account

Mesa Laboratories, Inc.

MLAB Technology Scientific & Technical Instruments

Mesa Laboratories, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $249.1 million, up 3.38% from fiscal 2025.

Revenue: +1.00%
EPS: −42.5%
Free cash flow: +1,503.7%
Total debt: +70.6%

Quarter to June 2026, against a year earlier

128.25 8.95 +7.50%

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Market cap: $667.6M
P/E: 148×
Fwd P/E: 60.4×
Dividend yield: 0.50%
F-score: 7/9
Altman Z: 1.45
Beneish M: −2.80
Dividend safety: 67/100

Overview

	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24	Mar '25	Mar '26
P/E ratio Full definition →	40.50	0.00	117.38	471.02	392.74	688.86	1,027.82	0.00	0.00	71.89
Piotroski F-Score Full definition →	4	4	7	4	7	4	7	4	6	7
P/S ratio Full definition →	4.82	5.58	8.52	8.07	9.04	7.21	4.24	2.79	2.67	1.96
Altman Z-Score Full definition →	5.26	6.51	13.27	3.90	4.72	3.11	2.72	(0.75)	1.31	1.45
P/FCF ratio Full definition →	79.21	22.32	27.88	37.23	34.53	38.18	39.67	14.51	15.11	12.32
Altman Z″-Score (non-manufacturers) Full definition →	4.16	3.64	4.93	3.48	5.67	2.42	2.69	(3.97)	(1.48)	0.37
P/Operating CF Full definition →	42.86	55.68	85.63	107.52	89.60	142.81	74.27	46.82	50.79	34.92
Beneish M-Score Full definition →	(2.64)	(3.32)	(3.20)	(2.36)	(2.74)	(1.83)	(2.68)	(6.03)	(2.79)	(2.80)
P/B ratio Full definition →	4.61	5.40	7.89	4.32	2.98	3.37	2.36	4.15	4.02	2.62
Dividend Safety Score Full definition →	—	—	—	—	—	—	—	—	—	67
Price to Tangible BV Full definition →	0.00	0.00	75.01	0.00	9.06	0.00	0.00	0.00	0.00	0.00
EV/Sales Full definition →	5.36	6.02	8.64	8.58	8.17	8.14	4.94	3.70	2.89	2.46
EV/EBITDA Full definition →	20.05	22.73	37.16	34.32	36.99	97.25	29.71	22.67	16.55	14.65
EV/Operating CF Full definition →	29.03	22.51	29.17	37.41	29.52	38.25	38.70	18.12	14.88	14.29
EV/FCF Full definition →	88.13	24.07	28.28	39.58	31.19	43.12	46.20	19.23	16.37	15.46
Quick Ratio Full definition →	1.22	1.14	0.96	3.94	8.83	1.88	1.74	1.52	0.42	1.15
Current Ratio Full definition →	2.16	1.85	1.42	4.72	9.32	2.59	2.74	2.47	0.63	1.72
Net Debt/EBITDA Full definition →	1.96	1.60	0.52	2.04	(3.96)	11.14	4.20	5.49	1.27	2.98
Debt/Assets Full definition →	31.91%	28.19%	14.50%	34.56%	24.39%	31.26%	28.12%	49.62%	18.61%	35.41%
Debt/Equity Full definition →	0.56	0.47	0.20	0.64	0.36	0.56	0.47	1.52	0.50	0.81
Asset Turnover Full definition →	0.56	0.57	0.64	0.42	0.27	0.28	0.32	0.39	0.55	0.58
Operating CF/Net income Full definition →	1.55	(8.68)	4.08	15.18	11.32	20.96	30.09	(0.17)	(23.71)	6.38
Capex/Depreciation Full definition →	(1.33)	(0.07)	0.07	(0.07)	(0.12)	(0.41)	(0.14)	(0.01)	(0.17)	(0.14)
Interest Coverage Full definition →	—	1.18	5.59	1.44	1.54	1.21	0.70	(47.76)	1.38	1.73
ROE Full definition →	12.26%	(3.00%)	7.10%	1.07%	1.05%	0.47%	0.24%	(94.36%)	(1.29%)	3.88%
ROA Full definition →	6.73%	(1.76%)	4.66%	0.63%	0.65%	0.29%	0.14%	(45.87%)	(0.45%)	1.56%
ROIC Full definition →	6.95%	0.97%	4.94%	1.77%	2.67%	0.52%	0.38%	(50.18%)	4.79%	3.72%
Return on Tangible Assets Full definition →	24.73%	(7.74%)	23.25%	1.50%	1.12%	1.78%	0.90%	(262.63%)	6.82%	8.95%
Average Days of Receivables Full definition →	55.80	54.28	44.29	65.54	64.82	81.63	70.89	65.94	63.57	64.61
Research and Development Expense of Revenue Full definition →	4.44%	3.68%	3.40%	5.40%	7.76%	8.55%	9.35%	8.93%	8.10%	8.15%
Selling, General and Administrative Expense of Revenue Full definition →	34.99%	36.47%	38.35%	43.41%	47.98%	48.08%	50.16%	51.57%	47.73%	47.95%
Intangible Assets out of Total Assets Full definition →	0.64	0.66	0.64	0.64	0.45	0.77	0.76	0.66	0.64	0.63
Share Based Compensation of Revenue Full definition →	1.51%	1.74%	4.08%	4.69%	6.92%	6.18%	5.72%	5.52%	5.45%	7.17%
Graham Net Nets Full definition →	(0.08)	(0.06)	(0.01)	(0.07)	0.09	(0.14)	(0.16)	(0.32)	(0.27)	(0.28)
Graham Number Full definition →	42.58	0.00	35.67	23.79	33.75	25.08	16.82	0.00	0.00	30.57
Earnings Yield Full definition →	2.47%	(0.54%)	0.85%	0.21%	0.25%	0.15%	0.10%	(42.09%)	(0.30%)	1.39%
Free Cash Flow Yield Full definition →	1.26%	4.48%	3.59%	2.69%	2.90%	2.62%	2.52%	6.89%	6.62%	8.12%
Revenue per Share Full definition →	25.46	25.51	26.87	28.02	26.92	35.37	41.17	40.14	44.45	45.18
Operating CF per Share Full definition →	4.70	6.82	7.96	6.43	7.45	7.53	5.26	8.19	8.63	7.77
Capex per Share Full definition →	(3.15)	(0.44)	0.25	(0.35)	(0.40)	(0.85)	(0.85)	(0.48)	(0.83)	(0.59)
Free Cash Flow per Share Full definition →	1.55	6.38	8.21	6.07	7.05	6.68	4.41	7.72	7.80	7.18
Cash per Share Full definition →	1.58	1.45	2.65	19.38	53.04	9.47	6.18	5.24	5.04	4.88
Shareholders Equity per Share Full definition →	26.59	26.36	28.99	52.38	81.65	75.56	73.95	26.99	29.48	33.78
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	26.59	26.36	28.99	52.38	81.65	75.56	73.95	26.99	29.48	33.78
Free Cash Flow Full definition →	5.70	24.05	31.51	25.51	35.08	34.79	23.44	41.57	42.31	39.58
Working Capital Full definition →	19.22	14.70	9.96	96.78	271.17	76.26	75.62	65.04	(61.28)	44.37
Capital Expenditures Full definition →	(11.60)	(1.67)	0.96	(1.48)	(1.99)	(4.43)	(4.54)	(2.57)	(4.50)	(3.25)
Net Current Asset Value Full definition →	(38.13)	(32.75)	(11.83)	(66.30)	108.50	(189.25)	(149.38)	(192.05)	(170.83)	(135.23)
EV/EBIT Full definition →	30.79	265.24	91.11	127.42	88.55	319.06	326.20	0.00	42.64	33.07
Capex to Sales Full definition →	0.12	0.02	(0.01)	0.01	0.01	0.02	0.02	0.01	0.02	0.01
Price to Operating Income Full definition →	27.67	245.92	89.84	119.85	98.03	282.53	280.04	0.00	39.38	26.34
Other line items
Depreciation/Fixed assets Full definition →	0.34	0.99	0.64	0.97	0.78	0.37	1.18	9.68	0.80	0.76
Cash ROIC Full definition →	3.60%	15.92%	21.85%	5.76%	4.29%	5.24%	3.83%	10.51%	15.80%	10.85%
Accounts Receivable Turnover Full definition →	6.32	6.72	7.69	7.00	5.96	5.67	5.23	5.30	5.95	5.79
Accounts Payable Turnover Full definition →	16.20	18.28	16.00	16.60	11.91	12.17	12.17	13.62	15.29	17.02
Inventory Turnover Full definition →	2.90	3.60	5.28	4.98	3.69	4.21	2.88	2.46	3.11	3.51
Average Days of Payables Full definition →	19.57	20.90	25.05	23.77	34.79	38.31	26.22	26.59	23.28	19.80
Days of Inventory on Hand Full definition →	125.26	81.04	58.55	99.26	86.95	119.36	148.08	143.80	102.75	105.94
Average Receivables Full definition →	14.82	14.31	13.41	16.82	22.46	32.51	41.89	40.80	40.51	43.03
Average Payables Full definition →	2.50	2.27	2.64	3.15	3.94	6.19	7.02	6.09	5.89	5.34
Average Inventory Full definition →	13.95	11.55	8.00	10.50	12.70	17.89	29.62	33.66	29.02	25.87
Average Assets Full definition →	166.24	167.92	160.43	282.94	505.29	654.42	684.60	554.31	440.07	430.55
Average Common Equity Full definition →	91.25	98.59	105.34	165.66	313.12	400.01	393.64	269.44	152.61	173.04

Show all line items

Columns are period end dates · fundamentals updated 25 Oct 2026

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