Go Pro
→ The only metrics you should watch as a day trader. (From The TradingPub) (Ad)tc pixel Free MHH Stock Alerts

Mastech Digital (MHH) Financials

Mastech Digital logo
$7.50 -0.20 (-2.60%)
Closing price 04:00 PM Eastern
Extended Trading
$7.50 0.00 (0.00%)
As of 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for Mastech Digital

Annual Income Statements for Mastech Digital

This table shows Mastech Digital's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 2.75 2.52 1.63 6.69 11 9.86 12 8.71 -7.14 3.40 0.61
Consolidated Net Income / (Loss)		 2.75 2.52 1.63 6.69 11 9.86 12 8.71 -7.14 3.40 0.61
Net Income / (Loss) Continuing Operations		 2.75 2.52 1.63 6.69 11 9.86 12 8.71 -7.14 3.40 0.61
Total Pre-Tax Income 		4.43 4.02 2.95 9.41 15 13 17 12 -9.03 4.42 1.06
Total Operating Income		 4.68 4.51 4.08 12 17 13 18 12 -9.28 3.79 0.00
Total Gross Profit		 24 26 32 43 48 52 59 63 51 56 53
Total Revenue		 123 132 148 177 194 194 222 242 201 199 191
Operating Revenue		 123 132 148 177 194 194 222 242 201 199 191
Total Cost of Revenue		 100 106 116 135 146 143 163 179 150 143 138
Operating Cost of Revenue		 100 106 116 135 146 143 163 179 150 143 138
Total Operating Expenses		 19 22 28 31 31 38 42 51 60 52 53
Selling, General & Admin Expense		 19 22 28 32 37 38 45 51 52 52 53
Other Operating Expenses / (Income)		 - - - - - - 0.00 - 3.10 - 0.00
Impairment Charge		 - - - 9.74 - - 0.00 0.00 5.30 0.00 0.00
Total Other Income / (Expense), net		 -0.26 -0.49 -1.13 -2.21 -1.77 -0.77 -0.72 0.29 0.24 0.63 1.06
Interest & Investment Income		 -0.29 -0.46 -1.13 -2.17 -1.78 -0.87 -0.68 -0.36 0.32 0.61 0.84
Other Income / (Expense), net		 0.04 -0.03 -0.00 -0.04 0.01 0.10 -0.05 0.65 -0.08 0.03 0.22
Income Tax Expense		 1.67 1.50 1.32 2.72 4.07 2.77 4.67 3.78 -1.89 1.02 0.45
Basic Earnings per Share		 $0.63 $0.29 $0.16 $0.61 $1.01 $0.87 $1.07 $0.75 ($0.61) $0.29 $0.05
Weighted Average Basic Shares Outstanding		 4.34M 8.79M 9.92M 10.95M 11.03M 11.29M 11.44M 11.59M 11.61M 11.67M 11.75M
Diluted Earnings per Share		 $0.62 $0.28 $0.16 $0.60 $0.99 $0.83 $1.02 $0.72 ($0.61) $0.28 $0.05
Weighted Average Diluted Shares Outstanding		 4.44M 8.96M 10.00M 11.16M 11.23M 11.95M 12.01M 12.08M 11.61M 12.01M 11.95M
Weighted Average Basic & Diluted Shares Outstanding		 4.40M 4.40M 10.20M 11M 11.20M 11.42M 11.53M 11.64M 11.61M 11.74M 11.86M

Quarterly Income Statements for Mastech Digital

This table shows Mastech Digital's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 0.13 -5.35 -0.16 1.39 1.88 0.30 -1.44 0.14 0.94 0.97 0.26
Consolidated Net Income / (Loss)		 0.13 -5.35 -0.16 1.39 1.88 0.30 -1.44 0.14 0.94 0.97 0.26
Net Income / (Loss) Continuing Operations		 0.13 -5.35 -0.16 1.39 1.88 0.30 -1.44 0.14 0.94 0.97 0.26
Total Pre-Tax Income 		0.15 -6.89 -0.28 1.81 2.57 0.33 -1.76 0.21 1.24 1.38 0.66
Total Operating Income		 -0.05 -6.93 -0.41 1.69 2.44 0.07 -1.85 0.03 0.82 1.01 0.05
Total Gross Profit		 13 11 12 14 15 15 13 14 13 13 11
Total Revenue		 48 46 47 50 52 51 48 49 48 45 41
Operating Revenue		 48 46 47 50 52 51 48 49 48 45 41
Total Cost of Revenue		 35 35 35 36 37 36 35 35 35 33 30
Operating Cost of Revenue		 35 35 35 36 37 36 35 35 35 33 30
Total Operating Expenses		 13 18 13 12 12 15 15 14 13 12 11
Selling, General & Admin Expense		 13 13 13 12 12 15 15 14 13 12 11
Total Other Income / (Expense), net		 0.20 0.04 0.12 0.12 0.13 0.26 0.09 0.18 0.42 0.37 0.61
Interest & Investment Income		 0.15 0.09 0.15 0.13 0.16 0.16 0.12 0.19 0.27 0.27 0.29
Other Income / (Expense), net		 0.06 -0.04 -0.03 -0.01 -0.03 0.10 -0.02 -0.01 0.15 0.10 0.32
Income Tax Expense		 0.03 -1.54 -0.12 0.42 0.70 0.03 -0.32 0.08 0.29 0.41 0.39
Basic Earnings per Share		 $0.01 ($0.45) ($0.01) $0.12 $0.16 $0.02 ($0.12) $0.01 $0.08 $0.08 $0.02
Weighted Average Basic Shares Outstanding		 11.60M 11.61M 11.62M 11.65M 11.70M 11.67M 11.75M 11.77M 11.76M 11.75M 11.83M
Diluted Earnings per Share		 $0.01 ($0.45) ($0.01) $0.12 $0.16 $0.01 ($0.12) $0.01 $0.08 $0.08 $0.02
Weighted Average Diluted Shares Outstanding		 11.97M 11.61M 11.62M 11.92M 12.01M 12.01M 11.75M 11.96M 11.95M 11.95M 11.89M
Weighted Average Basic & Diluted Shares Outstanding		 11.60M 11.61M 11.63M 11.68M 11.71M 11.74M 11.76M 11.78M 11.70M 11.86M 12.00M

Annual Cash Flow Statements for Mastech Digital

This table details how cash moves in and out of Mastech Digital's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -1.72 -0.02 1.65 -1.18 1.69 4.70 -1.06 0.44 14 6.60 8.79
Net Cash From Operating Activities		 3.03 2.29 3.35 -0.47 16 21 5.22 13 16 7.19 11
Net Cash From Continuing Operating Activities		 3.03 2.29 3.35 -0.47 16 21 5.22 13 16 7.19 11
Net Income / (Loss) Continuing Operations		 2.75 2.52 1.63 6.69 11 9.86 12 8.71 -7.14 3.40 0.61
Consolidated Net Income / (Loss)		 2.75 2.52 1.63 6.69 11 9.86 12 8.71 -7.14 3.40 0.61
Depreciation Expense		 0.66 1.02 1.94 3.18 3.43 3.59 3.98 4.20 3.86 3.50 3.32
Amortization Expense		 0.03 0.04 0.10 0.10 0.10 0.28 0.08 0.07 0.07 1.08 0.59
Non-Cash Adjustments To Reconcile Net Income		 0.32 0.48 0.40 10 1.12 2.04 2.52 1.90 8.43 2.01 0.55
Changes in Operating Assets and Liabilities, net		 -0.73 -1.77 -0.72 -21 0.29 5.45 -14 -2.26 11 -2.80 6.06
Net Cash From Investing Activities		 -17 -0.04 -36 -1.06 -0.88 -9.63 -2.08 -0.82 -0.22 -0.94 -0.49
Net Cash From Continuing Investing Activities		 -17 -0.04 -36 -1.06 -0.88 -9.63 -2.08 -0.82 -0.22 -0.94 -0.49
Purchase of Property, Plant & Equipment		 -0.17 -0.11 -1.13 -0.77 -1.01 -0.30 -1.90 -0.84 -0.34 -0.94 -0.38
Other Investing Activities, net		 0.03 0.07 -0.01 -0.29 0.14 0.01 -0.20 0.02 0.12 0.00 -0.11
Net Cash From Financing Activities		 12 -2.27 34 0.55 -13 -6.71 -4.09 -10 -1.58 0.65 -1.13
Net Cash From Continuing Financing Activities		 12 -2.27 34 0.55 -13 -6.71 -4.09 -10 -1.58 0.65 -1.13
Repayment of Debt		 -0.98 -2.60 -7.69 -4.07 -9.58 -26 -4.62 -12 -1.16 0.00 0.00
Repurchase of Common Equity		 -0.21 -0.01 -0.02 -0.02 -0.01 - 0.00 0.00 -0.62 -0.08 -2.25
Issuance of Common Equity		 - - 6.00 0.00 0.17 0.22 0.30 0.26 0.20 0.22 0.09
Other Financing Activities, net		 0.12 0.34 0.07 0.12 0.01 1.33 0.23 1.32 0.00 0.51 1.03
Effect of Exchange Rate Changes		 - - 0.01 -0.21 -0.13 -0.19 -0.09 -0.95 -0.09 - -0.73
Cash Interest Paid		 0.24 0.43 0.93 2.06 1.78 0.78 0.62 0.32 0.04 0.00 0.00
Cash Income Taxes Paid		 0.31 2.30 1.51 2.03 2.63 2.68 3.83 2.16 1.36 2.23 0.87

Quarterly Cash Flow Statements for Mastech Digital

This table details how cash moves in and out of Mastech Digital's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -2.73 5.27 -1.72 1.16 3.30 3.86 -3.08 3.27 4.81 3.79 -2.98
Net Cash From Operating Activities		 -2.56 5.43 -1.33 1.18 3.30 4.04 -2.92 3.30 6.48 4.36 -3.16
Net Cash From Continuing Operating Activities		 -2.56 5.43 -1.33 1.18 3.30 4.04 -2.92 3.30 6.48 4.36 -3.16
Net Income / (Loss) Continuing Operations		 0.13 -5.35 -0.16 1.39 1.88 0.30 -1.44 0.14 0.94 0.97 0.26
Consolidated Net Income / (Loss)		 0.13 -5.35 -0.16 1.39 1.88 0.30 -1.44 0.14 0.94 0.97 0.26
Depreciation Expense		 0.92 0.91 0.90 0.91 0.87 0.83 0.83 0.84 0.85 0.80 0.80
Amortization Expense		 0.02 0.02 0.02 0.02 0.02 1.01 0.15 0.15 0.15 0.15 0.15
Non-Cash Adjustments To Reconcile Net Income		 -4.50 8.13 0.47 0.47 0.57 0.50 0.98 -1.18 0.28 0.55 0.66
Changes in Operating Assets and Liabilities, net		 0.88 1.73 -2.56 -1.61 -0.03 1.40 -3.45 3.35 4.26 1.88 -5.04
Net Cash From Investing Activities		 -0.05 -0.12 -0.28 -0.47 -0.07 -0.12 -0.13 -0.06 -0.18 -0.12 -0.08
Net Cash From Continuing Investing Activities		 -0.05 -0.12 -0.28 -0.47 -0.07 -0.12 -0.13 -0.06 -0.18 -0.12 -0.08
Purchase of Property, Plant & Equipment		 -0.10 -0.12 -0.28 -0.47 -0.07 -0.12 -0.11 -0.06 -0.18 -0.03 -0.07
Other Investing Activities, net		 0.05 - 0.00 0.00 - -0.00 -0.02 - 0.00 -0.09 -0.02
Net Cash From Financing Activities		 - -0.06 -0.08 0.46 0.12 0.16 0.03 0.04 -1.06 -0.13 0.68
Net Cash From Continuing Financing Activities		 - -0.06 -0.08 0.46 0.12 0.16 0.03 0.04 -1.06 -0.13 0.68
Repurchase of Common Equity		 - -0.05 -0.08 - - - 0.00 -0.11 -1.48 -0.65 0.00
Issuance of Common Equity		 - 0.05 - - - 0.09 0.00 - - 0.02 0.00
Other Financing Activities, net		 - - 0.00 0.32 0.12 0.07 0.03 0.08 0.42 0.50 0.68
Effect of Exchange Rate Changes		 - - -0.04 -0.00 -0.05 - -0.05 - -0.43 -0.32 -0.42

Annual Balance Sheets for Mastech Digital

This table presents Mastech Digital's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 38 39 99 93 91 102 114 109 105 111 112
Total Current Assets		 21 23 35 41 37 41 54 53 56 66 69
Cash & Equivalents		 0.85 0.83 2.48 1.29 2.98 7.68 6.62 7.06 21 28 37
Accounts Receivable		 19 21 31 38 32 32 43 42 30 31 26
Prepaid Expenses		 0.59 0.70 1.53 1.32 1.60 1.35 3.89 3.80 5.50 7.02 5.65
Plant, Property, & Equipment, net		 0.66 0.56 1.90 2.21 2.48 1.97 3.04 2.67 1.91 2.00 1.56
Plant, Property & Equipment, gross		 2.13 2.20 3.75 4.10 5.10 5.22 6.95 7.71 7.95 8.60 8.74
Accumulated Depreciation		 1.47 1.64 1.85 1.89 2.62 3.25 3.91 5.04 6.04 6.60 7.18
Total Noncurrent Assets		 17 16 62 50 51 59 57 53 47 43 42
Goodwill		 8.43 8.43 36 26 26 33 33 33 27 27 27
Intangible Assets		 8.13 7.31 25 23 20 22 19 16 13 10 7.76
Noncurrent Deferred & Refundable Income Taxes		 0.09 0.25 0.47 0.30 0.00 0.80 - 0.00 0.79 1.30 2.58
Other Noncurrent Operating Assets		 0.24 0.17 0.26 0.54 5.02 3.68 5.49 4.46 5.56 4.28 4.06
Other Noncurrent Nonoperating Assets		 0.10 - - - - - 0.37 0.29 0.28 0.19 0.10
Total Liabilities & Shareholders' Equity		 38 39 99 93 91 102 114 109 105 111 112
Total Liabilities		 23 20 71 58 44 43 40 23 24 24 23
Total Current Liabilities		 12 12 20 18 19 22 27 20 20 21 21
Accounts Payable		 2.21 1.96 5.03 4.13 4.03 2.59 4.95 4.48 4.66 4.68 3.45
Accrued Expenses		 0.60 0.65 1.68 1.22 0.95 1.05 1.23 1.19 0.94 0.55 0.90
Current Deferred Revenue		 0.34 0.20 0.43 0.26 0.24 0.48 0.54 0.21 0.68 0.33 0.04
Current Employee Benefit Liabilities		 5.97 7.65 8.97 7.73 7.90 12 14 11 12 14 15
Other Current Liabilities		 - - - - 1.40 1.08 1.48 1.50 1.24 1.27 1.28
Total Noncurrent Liabilities		 11 8.08 51 40 25 21 13 3.32 3.91 3.47 1.47
Other Noncurrent Operating Liabilities		 - - 17 6.07 3.32 5.21 3.71 2.29 3.84 3.47 1.47
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 16 19 27 34 46 60 74 86 81 87 89
Total Preferred & Common Equity		 16 19 27 34 46 60 74 86 81 87 89
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 16 19 27 34 46 60 74 86 81 87 89
Common Stock		 13 14 20 21 22 26 28 32 35 38 43
Retained Earnings		 6.78 9.30 11 18 29 39 51 60 52 56 56
Treasury Stock		 -4.12 -4.13 -4.15 -4.17 -4.19 -4.19 -4.19 -4.19 -4.81 -4.89 -7.13
Accumulated Other Comprehensive Income / (Loss)		 -0.02 -0.01 0.02 -0.12 -0.36 -0.54 -0.61 -1.56 -1.64 -1.91 -2.64

Quarterly Balance Sheets for Mastech Digital

This table presents Mastech Digital's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 110 106 108 111 110 110 113 108
Total Current Assets		 56 58 61 66 64 66 69 67
Cash & Equivalents		 16 19 21 24 25 28 33 34
Accounts Receivable		 32 32 33 34 32 31 29 28
Prepaid Expenses		 5.86 6.89 7.39 7.88 7.65 7.22 7.68 5.30
Plant, Property, & Equipment, net		 2.01 1.98 2.24 2.08 1.93 1.79 1.74 1.39
Plant, Property & Equipment, gross		 7.83 8.16 8.62 8.57 8.72 8.77 8.75 8.71
Accumulated Depreciation		 5.82 6.18 6.37 6.48 6.78 6.97 7.01 7.32
Total Noncurrent Assets		 51 46 45 44 44 43 42 39
Goodwill		 33 27 27 27 27 27 27 27
Intangible Assets		 14 12 12 11 9.66 9.01 8.36 7.15
Noncurrent Deferred & Refundable Income Taxes		 - 0.74 0.66 0.61 1.30 1.67 1.46 1.94
Other Noncurrent Operating Assets		 4.87 5.25 4.93 4.60 5.35 4.91 4.44 2.79
Other Noncurrent Nonoperating Assets		 0.24 0.26 0.24 0.21 0.17 0.14 0.12 0.07
Total Liabilities & Shareholders' Equity		 110 106 108 111 110 110 113 108
Total Liabilities		 23 24 23 25 23 23 25 17
Total Current Liabilities		 20 21 20 22 19 20 23 16
Accounts Payable		 4.84 5.47 5.79 4.64 3.74 3.56 3.41 3.36
Accrued Expenses		 0.86 1.34 0.94 0.63 0.71 0.86 0.69 0.67
Current Deferred Revenue		 0.41 0.72 0.95 0.86 0.22 0.29 0.31 0.21
Current Employee Benefit Liabilities		 12 12 11 15 13 14 17 10
Other Current Liabilities		 1.32 1.24 1.25 1.26 1.29 1.31 1.29 1.31
Total Noncurrent Liabilities		 3.64 3.59 3.19 2.86 3.72 2.86 2.04 0.92
Other Noncurrent Operating Liabilities		 3.05 3.52 3.19 2.86 3.72 2.86 2.04 0.92
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 86 82 84 87 87 88 88 91
Total Preferred & Common Equity		 86 82 84 87 87 88 88 91
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 86 82 84 87 87 88 88 90
Common Stock		 35 36 37 38 39 40 41 45
Retained Earnings		 58 52 54 56 54 55 55 57
Treasury Stock		 -4.76 -4.89 -4.89 -4.89 -4.89 -5.00 -6.48 -7.13
Accumulated Other Comprehensive Income / (Loss)		 -1.65 -1.67 -1.67 -1.72 -1.88 -1.90 -2.32 -3.20
Other Equity Adjustments		 - - - - - - - -0.88

Annual Metrics And Ratios for Mastech Digital

This table displays calculated financial ratios and metrics derived from Mastech Digital's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 4,353,189.00 4,470,965.00 5,454,952.00 10,983,736.00 11,033,165.00 11,379,749.00 11,438,013.00 11,617,709.00 11,599,138.00 11,705,973.00 11,697,331.00
DEI Adjusted Shares Outstanding		 8,706,378.00 8,941,930.00 10,909,904.00 10,983,736.00 11,033,165.00 11,379,749.00 11,438,013.00 11,617,709.00 11,599,138.00 11,705,973.00 11,697,331.00
DEI Earnings Per Adjusted Shares Outstanding		 0.32 0.28 0.15 0.61 1.01 0.87 1.07 0.75 -0.62 0.29 0.05
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 8.76% 6.92% 12.03% 19.80% 9.26% 0.27% 14.38% 9.11% -16.98% -1.07% -3.81%
EBITDA Growth		 -6.18% 2.39% 10.55% 142.92% 38.13% -15.41% 24.46% -20.84% -131.68% 254.91% -50.76%
EBIT Growth		 -15.63% -5.00% -8.99% 184.02% 46.72% -20.58% 30.09% -26.83% -172.77% 140.83% -94.29%
NOPAT Growth		 -15.39% -3.01% -20.33% 267.07% 50.56% -15.90% 21.82% -33.24% -176.31% 144.90% -99.98%
Net Income Growth		 -19.57% -8.46% -35.48% 311.50% 66.57% -11.52% 23.93% -28.71% -181.93% 147.66% -82.10%
EPS Growth		 -19.48% -8.46% -35.48% 275.00% 65.00% -16.16% 22.89% -29.41% -184.72% 145.90% -82.14%
Operating Cash Flow Growth		 -6.95% -24.28% 46.03% -114.07% 3,514.86% 32.00% -75.43% 141.85% 26.66% -54.99% 54.82%
Free Cash Flow Firm Growth		 -747.37% 114.82% -1,644.58% 98.16% 2,710.04% -36.50% -86.49% 595.77% 42.52% -74.14% 99.22%
Invested Capital Growth		 165.98% 2.64% 123.42% 14.10% -4.37% 0.84% 16.50% -0.98% -24.75% -0.85% -11.47%
Revenue Q/Q Growth		 3.34% -0.10% 5.77% 2.41% 3.04% -0.84% 4.88% -0.75% -5.26% 2.42% -2.69%
EBITDA Q/Q Growth		 26.72% -16.65% 44.07% -1.81% 7.37% -0.36% 11.26% -15.94% -239.53% 2,299.71% 33.51%
EBIT Q/Q Growth		 24.55% -19.72% 49.74% -3.02% 8.93% -2.70% 15.59% -19.89% -12,535.14% 214.97% 130.19%
NOPAT Q/Q Growth		 24.17% -18.72% 16.44% 2.40% 10.58% -3.29% 16.48% -23.57% -1,017.70% 229.98% -99.99%
Net Income Q/Q Growth		 22.57% -20.48% 16.06% 0.13% 14.37% -2.46% 17.93% -21.21% -2,766.67% 251.47% 1,022.73%
EPS Q/Q Growth		 19.23% -20.48% 16.06% -1.64% 12.50% 654.55% 18.60% -21.74% -1,933.33% 255.56% 350.00%
Operating Cash Flow Q/Q Growth		 662.64% 690.34% -24.05% -128.19% 1.38% 6.37% -15.90% 14.15% 3.65% -16.25% 2.96%
Free Cash Flow Firm Q/Q Growth		 21.96% 950.76% -4.75% -151.93% 0.11% -42.90% 125.01% 32.46% -1.87% -36.68% -54.66%
Invested Capital Q/Q Growth		 -9.18% -15.91% -5.32% -2.17% -0.61% 10.65% 2.26% -3.77% -14.37% -4.69% -4.46%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 19.28% 19.92% 21.39% 24.00% 24.79% 26.55% 26.78% 26.08% 25.38% 27.95% 27.72%
EBITDA Margin		 4.38% 4.19% 4.14% 8.39% 10.61% 8.95% 9.74% 7.07% -2.70% 4.22% 2.16%
Operating Margin		 3.79% 3.41% 2.76% 6.56% 8.78% 6.91% 7.93% 5.04% -4.61% 1.91% 0.00%
EBIT Margin		 3.82% 3.40% 2.76% 6.54% 8.78% 6.95% 7.91% 5.30% -4.65% 1.92% 0.11%
Profit (Net Income) Margin		 2.23% 1.91% 1.10% 3.78% 5.76% 5.08% 5.50% 3.60% -3.55% 1.71% 0.32%
Tax Burden Percent		 62.21% 62.69% 55.16% 71.08% 73.23% 78.06% 72.37% 69.75% 79.04% 76.90% 57.34%
Interest Burden Percent		 93.79% 89.69% 72.27% 81.26% 89.53% 93.58% 96.16% 97.21% 96.59% 115.87% 487.16%
Effective Tax Rate		 37.79% 37.31% 44.84% 28.93% 26.77% 21.94% 27.63% 30.25% 0.00% 23.10% 42.66%
Return on Invested Capital (ROIC)		 15.45% 10.18% 4.95% 12.29% 17.74% 15.20% 17.03% 10.62% -9.29% 4.88% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 11.91% 7.22% 2.16% 7.98% 13.40% 11.43% 10.36% -284.54% -4.63% 2.91% -1.88%
Return on Net Nonoperating Assets (RNNOA)		 3.75% 4.27% 2.09% 9.50% 9.93% 3.44% 1.21% 0.24% 0.76% -0.85% 0.69%
Return on Equity (ROE)		 19.20% 14.45% 7.04% 21.78% 27.67% 18.64% 18.25% 10.86% -8.53% 4.03% 0.69%
Cash Return on Invested Capital (CROIC)		 -75.25% 7.57% -71.37% -0.89% 22.20% 14.36% 1.79% 11.60% 18.96% 5.73% 12.17%
Operating Return on Assets (OROA)		 16.12% 11.51% 5.91% 12.12% 18.56% 14.02% 16.25% 11.53% -8.73% 3.52% 0.20%
Return on Assets (ROA)		 9.41% 6.47% 2.36% 7.00% 12.17% 10.24% 11.31% 7.82% -6.67% 3.14% 0.55%
Return on Common Equity (ROCE)		 19.20% 14.45% 7.04% 21.78% 27.67% 18.64% 18.25% 10.86% -8.53% 4.03% 0.69%
Return on Equity Simple (ROE_SIMPLE)		 17.42% 13.21% 5.99% 19.52% 24.08% 16.56% 16.42% 10.13% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 2.91 2.83 2.25 8.26 12 10 13 8.51 -6.49 2.92 0.00
NOPAT Margin		 2.36% 2.14% 1.52% 4.66% 6.43% 5.39% 5.74% 3.51% -3.23% 1.47% 0.00%
Net Nonoperating Expense Percent (NNEP)		 3.54% 2.96% 2.79% 4.30% 4.34% 3.77% 6.67% 295.16% -4.66% 1.97% 1.88%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 9.77% -7.97% 3.33% 0.00%
Cost of Revenue to Revenue		 80.72% 80.08% 78.61% 76.00% 75.21% 73.45% 73.22% 73.92% 74.62% 72.05% 72.28%
SG&A Expenses to Revenue		 15.48% 16.51% 18.63% 18.19% 19.15% 19.65% 20.14% 21.05% 25.81% 26.04% 27.72%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 15.48% 16.51% 18.63% 17.44% 16.01% 19.65% 18.84% 21.05% 29.99% 26.04% 27.72%
Earnings before Interest and Taxes (EBIT)		 4.72 4.48 4.08 12 17 13 18 13 -9.35 3.82 0.22
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 5.41 5.54 6.12 15 21 17 22 17 -5.42 8.40 4.14
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 2.01 1.60 2.02 2.02 2.64 3.04 2.62 1.49 1.20 1.99 0.91
Price to Tangible Book Value (P/TBV)		 0.00 9.14 0.00 0.00 984.98 35.53 8.43 3.39 2.37 3.49 1.50
Price to Revenue (P/Rev)		 0.26 0.23 0.37 0.39 0.63 0.93 0.88 0.53 0.49 0.88 0.43
Price to Earnings (P/E)		 11.56 12.08 33.75 10.34 10.96 18.35 15.98 14.68 0.00 51.27 134.07
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 8.65% 8.28% 2.96% 9.67% 9.13% 5.45% 6.26% 6.81% 0.00% 1.95% 0.75%
Enterprise Value to Invested Capital (EV/IC)		 1.59 1.40 1.44 1.49 2.11 2.76 2.50 1.53 1.28 2.47 0.86
Enterprise Value to Revenue (EV/Rev)		 0.35 0.30 0.61 0.60 0.75 0.98 0.91 0.50 0.38 0.74 0.24
Enterprise Value to EBITDA (EV/EBITDA)		 8.05 7.13 14.80 7.17 7.03 10.97 9.33 7.12 0.00 17.46 10.91
Enterprise Value to EBIT (EV/EBIT)		 9.22 8.81 22.20 9.20 8.50 14.11 11.49 9.49 0.00 38.42 206.95
Enterprise Value to NOPAT (EV/NOPAT)		 14.94 13.98 40.23 12.90 11.61 18.21 15.83 14.33 0.00 50.31 78,672.35
Enterprise Value to Operating Cash Flow (EV/OCF)		 14.37 17.23 27.05 0.00 8.98 8.97 38.67 9.67 4.79 20.39 4.05
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 18.80 0.00 0.00 9.28 19.27 150.99 13.12 5.78 42.82 6.61
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.79 0.52 1.41 1.13 0.55 0.29 0.18 0.01 0.00 0.00 0.00
Long-Term Debt to Equity		 0.68 0.42 1.26 1.00 0.45 0.22 0.12 0.00 0.00 0.00 0.00
Financial Leverage		 0.31 0.59 0.97 1.19 0.74 0.30 0.12 0.00 -0.17 -0.29 -0.37
Leverage Ratio		 2.04 2.23 2.99 3.11 2.27 1.82 1.61 1.39 1.28 1.28 1.26
Compound Leverage Factor		 1.91 2.00 2.16 2.53 2.04 1.70 1.55 1.35 1.24 1.49 6.16
Debt to Total Capital		 44.24% 34.12% 58.42% 53.03% 35.31% 22.49% 14.97% 1.26% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 6.35% 6.22% 6.13% 6.27% 6.40% 5.73% 5.03% 1.26% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 37.89% 27.90% 52.29% 46.76% 28.91% 16.76% 9.94% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 55.76% 65.88% 41.58% 46.97% 64.69% 77.51% 85.03% 98.74% 100.00% 100.00% 100.00%
Debt to EBITDA		 2.32 1.78 6.23 2.60 1.23 0.99 0.61 0.06 0.00 0.00 0.00
Net Debt to EBITDA		 2.16 1.63 5.83 2.52 1.08 0.55 0.30 -0.35 0.00 0.00 0.00
Long-Term Debt to EBITDA		 1.99 1.46 5.58 2.30 1.01 0.74 0.40 0.00 0.00 0.00 0.00
Debt to NOPAT		 4.30 3.50 16.95 4.68 2.03 1.65 1.03 0.13 0.00 0.00 0.00
Net Debt to NOPAT		 4.01 3.20 15.85 4.53 1.79 0.92 0.51 -0.70 0.00 0.00 0.00
Long-Term Debt to NOPAT		 3.69 2.86 15.17 4.13 1.66 1.23 0.68 0.00 0.00 0.00 0.00
Altman Z-Score		 4.98 5.27 2.43 3.60 5.09 5.65 6.32 7.11 5.20 7.44 5.11
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.75 1.85 1.72 2.27 1.93 1.87 2.01 2.72 2.84 3.22 3.26
Quick Ratio		 1.68 1.79 1.65 2.20 1.85 1.81 1.86 2.52 2.56 2.88 2.99
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -14 2.10 -32 -0.60 16 9.89 1.34 9.30 13 3.43 6.82
Operating Cash Flow to CapEx		 1,801.79% 2,182.86% 296.98% -61.09% 1,586.19% 7,124.50% 276.71% 1,510.78% 4,769.55% 764.29% 2,961.44%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 4.22 3.39 2.14 1.85 2.11 2.02 2.05 2.17 1.88 1.84 1.71
Accounts Receivable Turnover		 7.18 6.55 5.71 5.15 5.50 6.02 5.88 5.65 5.58 6.50 6.62
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 181.97 217.48 120.38 86.27 82.65 87.30 88.65 84.95 87.85 101.74 107.66
Accounts Payable Turnover		 53.49 50.63 33.26 29.41 35.71 43.10 43.10 37.98 32.86 30.69 34.01
Days Sales Outstanding (DSO)		 50.87 55.70 63.88 70.81 66.40 60.63 62.09 64.58 65.47 56.19 55.16
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 6.82 7.21 10.97 12.41 10.22 8.47 8.47 9.61 11.11 11.89 10.73
Cash Conversion Cycle (CCC)		 44.05 48.49 52.91 58.40 56.18 52.16 53.62 54.97 54.36 44.30 44.43
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 27 28 63 72 69 69 81 80 60 60 53
Invested Capital Turnover		 6.55 4.76 3.25 2.63 2.76 2.82 2.97 3.02 2.88 3.33 3.41
Increase / (Decrease) in Invested Capital		 17 0.72 35 8.86 -3.13 0.58 11 -0.79 -20 -0.51 -6.82
Enterprise Value (EV)		 44 39 91 107 144 191 202 122 77 147 45
Market Capitalization		 32 30 55 69 122 181 195 128 98 174 82
Book Value per Share		 $3.63 $4.27 $4.98 $3.12 $4.19 $5.23 $6.51 $7.40 $7.02 $7.47 $7.63
Tangible Book Value per Share		 ($0.17) $0.75 ($6.26) ($1.33) $0.01 $0.45 $2.02 $3.25 $3.55 $4.26 $4.65
Total Capital		 28 29 65 73 72 77 88 87 81 87 89
Total Debt		 13 9.88 38 39 25 17 13 1.10 0.00 0.00 0.00
Total Long-Term Debt		 11 8.08 34 34 21 13 8.70 0.00 0.00 0.00 0.00
Net Debt		 12 9.05 36 37 22 9.60 6.48 -5.96 -21 -28 -37
Capital Expenditures (CapEx)		 0.17 0.11 1.13 0.77 1.01 0.30 1.89 0.84 0.34 0.94 0.38
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 9.86 11 16 26 19 16 25 28 15 18 11
Debt-free Net Working Capital (DFNWC)		 11 12 19 27 22 24 31 35 37 46 48
Net Working Capital (NWC)		 8.91 10 15 23 18 19 27 34 37 46 48
Net Nonoperating Expense (NNE)		 0.16 0.31 0.62 1.57 1.29 0.60 0.52 -0.20 0.65 -0.49 -0.61
Net Nonoperating Obligations (NNO)		 12 9.05 36 37 22 9.60 6.11 -6.25 -21 -28 -37
Total Depreciation and Amortization (D&A)		 0.69 1.05 2.04 3.28 3.54 3.87 4.06 4.27 3.93 4.58 3.92
Debt-free, Cash-free Net Working Capital to Revenue		 7.98% 8.63% 10.88% 14.72% 10.04% 8.20% 11.19% 11.42% 7.68% 8.99% 5.74%
Debt-free Net Working Capital to Revenue		 8.67% 9.26% 12.56% 15.45% 11.58% 12.15% 14.17% 14.33% 18.20% 22.94% 24.83%
Net Working Capital to Revenue		 7.21% 7.90% 9.85% 12.86% 9.22% 9.88% 12.19% 13.88% 18.20% 22.94% 24.83%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.32 $0.29 $0.17 $0.61 $1.01 $0.87 $1.07 $0.75 ($0.61) $0.29 $0.05
Adjusted Weighted Average Basic Shares Outstanding		 8.68M 8.79M 9.92M 10.95M 11.03M 11.29M 11.44M 11.59M 11.61M 11.67M 11.75M
Adjusted Diluted Earnings per Share		 $0.31 $0.28 $0.17 $0.60 $0.99 $0.83 $1.02 $0.72 ($0.61) $0.28 $0.05
Adjusted Weighted Average Diluted Shares Outstanding		 8.88M 8.96M 10.00M 11.16M 11.23M 11.95M 12.01M 12.08M 11.61M 12.01M 11.95M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 8.71M 9.00M 10.92M 11.00M 11.20M 11.42M 11.53M 11.64M 11.61M 11.74M 11.86M
Normalized Net Operating Profit after Tax (NOPAT)		 2.91 2.83 2.25 7.33 8.00 10 11 8.51 -2.78 2.92 0.00
Normalized NOPAT Margin		 2.36% 2.14% 1.52% 4.14% 4.13% 5.39% 4.80% 3.51% -1.38% 1.47% 0.00%
Pre Tax Income Margin		 3.58% 3.05% 1.99% 5.31% 7.86% 6.51% 7.61% 5.16% -4.49% 2.22% 0.55%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 7.48% 0.52% 1.23% 0.30% 0.12% 0.00% 0.00% 0.00% -8.66% 2.35% 368.80%

Quarterly Metrics And Ratios for Mastech Digital

This table displays calculated financial ratios and metrics derived from Mastech Digital's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 11,596,031.00 11,599,138.00 11,612,185.00 11,634,303.00 11,682,480.00 11,705,973.00 11,743,292.00 11,764,649.00 11,784,183.00 11,697,331.00 11,858,401.00
DEI Adjusted Shares Outstanding		 11,596,031.00 11,599,138.00 11,612,185.00 11,634,303.00 11,682,480.00 11,705,973.00 11,743,292.00 11,764,649.00 11,784,183.00 11,697,331.00 11,858,401.00
DEI Earnings Per Adjusted Shares Outstanding		 0.01 -0.46 -0.01 0.12 0.16 0.03 -0.12 0.01 0.08 0.08 0.02
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -24.34% -19.51% -14.96% -5.11% 8.50% 10.20% 3.19% -0.88% -6.45% -10.42% -14.97%
EBITDA Growth		 -79.47% -285.08% -67.75% 242.86% 250.37% 133.20% -284.36% -61.34% -40.37% 2.54% 247.43%
EBIT Growth		 -99.83% -402.78% -191.79% 158.75% 40,050.00% 102.38% -330.50% -98.81% -59.78% 566.27% 119.66%
NOPAT Growth		 -101.65% -460.49% -198.04% 165.76% 4,570.51% 101.22% -356.40% -98.67% -64.86% 1,094.94% 101.58%
Net Income Growth		 -94.80% -447.92% -161.69% 164.01% 1,400.00% 105.55% -793.79% -90.29% -49.81% 227.27% 118.35%
EPS Growth		 -95.00% -446.15% -150.00% 163.16% 1,500.00% 102.22% -1,100.00% -91.67% -50.00% 700.00% 116.67%
Operating Cash Flow Growth		 -144.12% 11.54% -142.35% -88.16% 228.77% -25.68% -120.36% 179.09% 96.30% 7.92% -8.21%
Free Cash Flow Firm Growth		 846.68% 598.14% 204.67% -73.08% -26.06% -96.18% -108.91% -23.31% -16.10% 1,222.94% 505.83%
Invested Capital Growth		 -15.44% -24.75% -20.19% -4.90% -10.92% -0.85% 0.12% -5.50% -11.67% -11.47% -8.94%
Revenue Q/Q Growth		 -8.48% -3.61% 1.67% 5.79% 4.65% -2.11% -4.79% 1.61% -1.22% -6.26% -9.63%
EBITDA Q/Q Growth		 151.51% -742.19% 108.04% 437.04% 26.32% -39.16% -144.67% 212.61% 94.85% 4.63% -35.78%
EBIT Q/Q Growth		 100.21% -116,316.67% 93.75% 485.09% 43.48% -93.11% -1,230.72% 101.07% 4,745.00% 14.14% -66.64%
NOPAT Q/Q Growth		 97.99% -12,096.81% 94.14% 558.06% 36.58% -96.66% -2,283.67% 101.34% 3,499.64% 13.60% -97.11%
Net Income Q/Q Growth		 105.75% -4,380.80% 96.99% 963.98% 34.80% -84.16% -584.51% 109.38% 597.04% 3.29% -72.84%
EPS Q/Q Growth		 105.26% -4,600.00% 97.78% 1,300.00% 33.33% -93.75% -1,300.00% 108.33% 700.00% 0.00% -75.00%
Operating Cash Flow Q/Q Growth		 -125.68% 312.06% -124.41% 189.06% 179.34% 22.40% -172.36% 210.05% 96.48% -32.71% -172.56%
Free Cash Flow Firm Q/Q Growth		 -24.67% 16.75% 3.48% -70.42% 106.90% -93.96% -341.15% 354.56% 126.35% -4.79% -26.02%
Invested Capital Q/Q Growth		 5.43% -14.37% 3.38% 1.89% -1.24% -4.69% 4.39% -3.83% -7.69% -4.46% 7.37%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 26.30% 24.63% 25.91% 28.22% 28.49% 29.00% 26.68% 28.15% 27.76% 28.34% 26.84%
EBITDA Margin		 1.97% -13.12% 1.04% 5.27% 6.36% 3.95% -1.85% 2.06% 4.05% 4.52% 3.22%
Operating Margin		 -0.10% -15.05% -0.87% 3.42% 4.71% 0.13% -3.84% 0.06% 1.69% 2.22% 0.12%
EBIT Margin		 0.01% -15.14% -0.93% 3.39% 4.65% 0.33% -3.88% 0.04% 2.00% 2.43% 0.90%
Profit (Net Income) Margin		 0.26% -11.62% -0.34% 2.81% 3.62% 0.59% -2.98% 0.28% 1.94% 2.14% 0.64%
Tax Burden Percent		 81.17% 77.71% 57.09% 76.89% 72.90% 91.38% 81.67% 64.29% 76.19% 70.49% 40.18%
Interest Burden Percent		 2,566.67% 98.75% 64.68% 107.74% 106.77% 195.78% 93.87% 1,050.00% 127.45% 124.68% 178.05%
Effective Tax Rate		 18.83% 0.00% 0.00% 23.11% 27.10% 8.62% 0.00% 35.71% 23.81% 29.51% 59.82%
Return on Invested Capital (ROIC)		 -0.23% -30.31% -1.68% 7.71% 10.06% 0.39% -8.67% 0.12% 4.31% 5.33% 0.15%
ROIC Less NNEP Spread (ROIC-NNEP)		 -2.09% -26.70% -2.52% 7.26% 9.57% -0.57% -8.03% -0.37% 3.20% 4.51% -0.67%
Return on Net Nonoperating Assets (RNNOA)		 0.22% 4.41% 0.43% -1.70% -2.23% 0.17% 2.12% 0.10% -1.04% -1.65% 0.22%
Return on Equity (ROE)		 -0.01% -25.90% -1.24% 6.01% 7.83% 0.56% -6.55% 0.22% 3.27% 3.68% 0.38%
Cash Return on Invested Capital (CROIC)		 17.65% 18.96% 12.22% -1.12% 8.16% 5.73% 2.60% 6.37% 25.60% 12.17% 11.49%
Operating Return on Assets (OROA)		 0.02% -28.44% -1.67% 5.89% 8.17% 0.60% -7.20% 0.07% 3.51% 4.17% 1.52%
Return on Assets (ROA)		 0.50% -21.83% -0.62% 4.88% 6.36% 1.07% -5.52% 0.50% 3.41% 3.66% 1.09%
Return on Common Equity (ROCE)		 -0.01% -25.90% -1.24% 6.01% 7.83% 0.56% -6.55% 0.22% 3.27% 3.68% 0.37%
Return on Equity Simple (ROE_SIMPLE)		 -0.29% 0.00% -9.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -0.04 -4.85 -0.28 1.30 1.78 0.06 -1.30 0.02 0.62 0.71 0.02
NOPAT Margin		 -0.08% -10.53% -0.61% 2.63% 3.43% 0.12% -2.68% 0.04% 1.29% 1.56% 0.05%
Net Nonoperating Expense Percent (NNEP)		 1.86% -3.61% 0.85% 0.45% 0.48% 0.96% -0.64% 0.48% 1.11% 0.81% 0.82%
Return On Investment Capital (ROIC_SIMPLE)		 - -5.96% -0.35% 1.55% 2.05% 0.07% -1.49% 0.02% 0.71% 0.79% 0.02%
Cost of Revenue to Revenue		 73.70% 75.37% 74.09% 71.78% 71.51% 71.00% 73.32% 71.85% 72.24% 71.66% 73.16%
SG&A Expenses to Revenue		 26.40% 28.17% 26.78% 24.81% 23.79% 28.87% 30.52% 28.09% 26.07% 26.12% 26.71%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 26.40% 39.68% 26.78% 24.81% 23.79% 28.87% 30.52% 28.09% 26.07% 26.12% 26.71%
Earnings before Interest and Taxes (EBIT)		 0.01 -6.97 -0.44 1.68 2.41 0.17 -1.88 0.02 0.97 1.11 0.37
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 0.94 -6.04 0.49 2.61 3.30 2.01 -0.90 1.01 1.97 2.06 1.32
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.21 1.20 1.28 1.04 1.35 1.99 1.38 0.96 1.02 0.91 0.75
Price to Tangible Book Value (P/TBV)		 2.61 2.37 2.48 1.93 2.42 3.49 2.39 1.64 1.71 1.50 1.21
Price to Revenue (P/Rev)		 0.49 0.49 0.54 0.46 0.60 0.88 0.60 0.42 0.46 0.43 0.37
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 51.27 56.45 97.18 0.00 134.07 29.18
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 1.95% 1.77% 1.03% 0.00% 0.75% 3.43%
Enterprise Value to Invested Capital (EV/IC)		 1.26 1.28 1.37 1.05 1.49 2.47 1.53 0.94 1.04 0.86 0.60
Enterprise Value to Revenue (EV/Rev)		 0.42 0.38 0.44 0.35 0.48 0.74 0.48 0.28 0.29 0.24 0.18
Enterprise Value to EBITDA (EV/EBITDA)		 22.77 0.00 0.00 0.00 265.54 17.46 13.57 12.74 18.43 10.91 5.34
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 38.42 40.06 78.58 0.00 206.95 13.77
Enterprise Value to NOPAT (EV/NOPAT)		 125.07 0.00 0.00 0.00 0.00 50.31 56.31 128.94 7.35 78,678.71 26.81
Enterprise Value to Operating Cash Flow (EV/OCF)		 5.74 4.79 7.39 24.46 10.82 20.39 17.02 7.39 5.28 4.05 3.11
Enterprise Value to Free Cash Flow (EV/FCFF)		 6.55 5.78 9.96 0.00 17.18 42.82 58.96 14.41 3.79 6.61 4.98
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.10 -0.17 -0.17 -0.23 -0.23 -0.29 -0.26 -0.28 -0.33 -0.37 -0.33
Leverage Ratio		 1.31 1.28 1.27 1.29 1.28 1.28 1.28 1.27 1.28 1.26 1.23
Compound Leverage Factor		 33.74 1.26 0.82 1.39 1.37 2.51 1.20 13.31 1.64 1.58 2.18
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 99.04%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 5.76 5.27 5.50 5.20 5.79 7.33 6.06 5.24 5.15 5.13 5.40
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.49%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 2.85 2.84 2.81 2.99 2.98 3.22 3.32 3.33 3.07 3.26 4.16
Quick Ratio		 2.44 2.56 2.48 2.63 2.62 2.88 2.93 2.96 2.73 2.99 3.83
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 13 15 15 4.56 9.43 0.57 -1.37 3.50 7.91 7.53 5.57
Operating Cash Flow to CapEx		 -2,536.63% 4,453.28% -476.98% 249.16% 4,458.11% 3,511.30% -2,563.16% 5,992.73% 3,558.24% 17,432.00% -4,790.91%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.89 1.88 1.79 1.74 1.76 1.84 1.85 1.84 1.76 1.71 1.69
Accounts Receivable Turnover		 5.13 5.58 5.21 5.82 5.86 6.50 6.25 6.33 6.25 6.62 6.15
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 85.07 87.85 87.09 86.74 94.94 101.74 102.39 99.13 102.88 107.66 110.86
Accounts Payable Turnover		 29.67 32.86 28.18 27.56 29.97 30.69 31.27 30.75 35.23 34.01 37.44
Days Sales Outstanding (DSO)		 71.12 65.47 70.11 62.72 62.32 56.19 58.42 57.62 58.39 55.16 59.33
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 12.30 11.11 12.95 13.24 12.18 11.89 11.67 11.87 10.36 10.73 9.75
Cash Conversion Cycle (CCC)		 58.82 54.36 57.16 49.47 50.14 44.30 46.75 45.75 48.03 44.43 49.58
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 70 60 62 63 62 60 62 60 55 53 57
Invested Capital Turnover		 2.78 2.88 2.76 2.93 2.93 3.33 3.23 3.25 3.35 3.41 3.10
Increase / (Decrease) in Invested Capital		 -13 -20 -16 -3.26 -7.65 -0.51 0.08 -3.48 -7.29 -6.82 -5.55
Enterprise Value (EV)		 88 77 85 67 93 147 95 56 57 45 34
Market Capitalization		 104 98 105 87 117 174 120 84 90 82 67
Book Value per Share		 $7.43 $7.02 $7.04 $7.22 $7.41 $7.47 $7.40 $7.46 $7.47 $7.63 $7.61
Tangible Book Value per Share		 $3.45 $3.55 $3.63 $3.89 $4.14 $4.26 $4.26 $4.39 $4.45 $4.65 $4.71
Total Capital		 86 81 82 84 87 87 87 88 88 89 91
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -16 -21 -19 -21 -24 -28 -25 -28 -33 -37 -34
Capital Expenditures (CapEx)		 0.10 0.12 0.28 0.47 0.07 0.12 0.11 0.06 0.18 0.03 0.07
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 21 15 18 20 20 18 20 18 14 11 17
Debt-free Net Working Capital (DFNWC)		 37 37 38 40 44 46 45 46 47 48 51
Net Working Capital (NWC)		 37 37 38 40 44 46 45 46 47 48 51
Net Nonoperating Expense (NNE)		 -0.16 0.50 -0.12 -0.09 -0.10 -0.24 0.14 -0.12 -0.32 -0.26 -0.24
Net Nonoperating Obligations (NNO)		 -16 -21 -20 -21 -24 -28 -25 -28 -33 -37 -34
Total Depreciation and Amortization (D&A)		 0.94 0.93 0.92 0.93 0.89 1.84 0.98 0.99 1.00 0.95 0.95
Debt-free, Cash-free Net Working Capital to Revenue		 9.72% 7.68% 9.41% 10.39% 10.21% 8.99% 10.17% 9.00% 7.10% 5.74% 9.23%
Debt-free Net Working Capital to Revenue		 17.20% 18.20% 19.48% 21.21% 22.50% 22.94% 22.48% 22.97% 23.76% 24.83% 27.45%
Net Working Capital to Revenue		 17.20% 18.20% 19.48% 21.21% 22.50% 22.94% 22.48% 22.97% 23.76% 24.83% 27.45%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.01 ($0.45) ($0.01) $0.12 $0.16 $0.02 ($0.12) $0.01 $0.08 $0.08 $0.02
Adjusted Weighted Average Basic Shares Outstanding		 11.60M 11.61M 11.62M 11.65M 11.70M 11.67M 11.75M 11.77M 11.76M 11.75M 11.83M
Adjusted Diluted Earnings per Share		 $0.01 ($0.45) ($0.01) $0.12 $0.16 $0.01 ($0.12) $0.01 $0.08 $0.08 $0.02
Adjusted Weighted Average Diluted Shares Outstanding		 11.97M 11.61M 11.62M 11.92M 12.01M 12.01M 11.75M 11.96M 11.95M 11.95M 11.89M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 11.60M 11.61M 11.63M 11.68M 11.71M 11.74M 11.76M 11.78M 11.70M 11.86M 12.00M
Normalized Net Operating Profit after Tax (NOPAT)		 -0.04 -4.85 -0.28 1.30 1.78 0.06 -1.30 0.02 0.62 0.71 0.04
Normalized NOPAT Margin		 -0.08% -10.53% -0.61% 2.63% 3.43% 0.12% -2.68% 0.04% 1.29% 1.56% 0.09%
Pre Tax Income Margin		 0.32% -14.95% -0.60% 3.65% 4.96% 0.64% -3.65% 0.43% 2.55% 3.03% 1.60%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 -229.72% -8.66% -9.23% -3.15% -5.61% 2.35% 0.00% 13.13% -2,412.12% 368.80% 97.15%

Financials Breakdown Chart

Key Financial Trends

Mastech Digital (NYSE: MHH) shows a business that has improved materially from a weak 2024 start, but its latest quarter also highlights a sharp drop in profitability and operating cash flow versus the prior quarter. Over the last four years, revenue has stayed relatively stable in the mid-to-high $40 millions per quarter, while margins have swung meaningfully as SG&A costs and operating leverage moved around. The balance sheet remains asset-heavy, with a sizable cash position and limited debt, but earnings and cash generation have been uneven.

  • Strong liquidity: Q1 2026 ended with $33.6 million in cash and equivalents, which is well above total current liabilities of $16.0 million.
  • Debt appears very manageable: The company reported no short-term debt and only $0.9 million in noncurrent liabilities in Q1 2026, supporting financial flexibility.
  • Quarterly profitability recovered from 2024 losses: After a Q1 2024 net loss of $161,000 and a Q4 2023 loss of $5.35 million, the company posted positive net income in most quarters of 2025 and Q1 2026.
  • Gross profit has generally held up: Revenue has remained fairly steady, while gross profit stayed in a fairly consistent range, suggesting the core services business has not collapsed.
  • Operating cash flow was strong in several 2025 quarters: Q2 2025 generated $3.3 million of operating cash flow, Q3 2025 generated $6.5 million, and Q4 2025 generated $4.4 million.
  • Revenue has been choppy but relatively range-bound: Quarterly revenue moved from $46.8 million in Q1 2024 to $41.1 million in Q1 2026, with most quarters clustered around the mid-$40 millions.
  • Balance sheet assets are dominated by goodwill and intangibles: These items make up a large portion of total assets, so reported book value depends heavily on acquisition-related assets.
  • Share count has been fairly stable: Diluted shares outstanding have stayed around 11.7 million to 12.0 million, limiting dilution risk for now.
  • Q1 2026 operating cash flow turned sharply negative: Operating activities used $3.2 million of cash, driven by a $5.0 million drag from changes in operating assets and liabilities.
  • Q1 2026 earnings weakened versus late 2025: Net income fell to $264,000 from $972,000 in Q4 2025 and $941,000 in Q3 2025.

Trend takeaway: Mastech Digital appears to have repaired its profitability after a difficult 2024, but the latest quarter was a reminder that earnings and cash flow can be volatile. Revenue is not growing meaningfully, so the company’s next phase of improvement likely depends on tighter expense control and better working-capital management rather than top-line expansion alone.

What investors should watch next: whether operating cash flow rebounds from the Q1 2026 dip, whether SG&A as a percentage of revenue stays under control, and whether revenue can stabilize or begin to grow again.

07/16/26 10:04 PM ETAI Generated. May Contain Errors.

Mastech Digital Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Mastech Digital's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Mastech Digital's net income appears to be on a downward trend, with a most recent value of $609 thousand in 2025, falling from $2.75 million in 2015. The previous period was $3.40 million in 2024.

Mastech Digital's total operating income in 2025 was $1 thousand, based on the following breakdown:
  • Total Gross Profit: $53.06 million
  • Total Operating Expenses: $53.06 million

Over the last 10 years, Mastech Digital's total revenue changed from $123.47 million in 2015 to $191.37 million in 2025, a change of 55.0%.

Mastech Digital's total liabilities were at $22.53 million at the end of 2025, a 6.3% decrease from 2024, and a 0.6% decrease since 2015.

In the past 10 years, Mastech Digital's cash and equivalents has ranged from $829 thousand in 2016 to $36.53 million in 2025, and is currently $36.53 million as of their latest financial filing in 2025.

Over the last 10 years, Mastech Digital's book value per share changed from 3.63 in 2015 to 7.63 in 2025, a change of 110.3%.


Related Companies

Financial statements for NYSE:MHH last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
The Lithium Gold Rush Minted A New $1B Unicorn
The Lithium Gold Rush Minted A New $1B Unicorn This lithium producer surpassed a $1B private valuation, joi...
EnergyX | Sponsoredtc pixel
The only metrics you should watch as a day trader.
Day traders and swing traders don't need the same metrics - and using the wrong ones costs you edge. After 40 ...
The TradingPub | Sponsoredtc pixel
URGENT Dollar Reset Warning for Monday
A 50-year U.S.-Saudi arrangement established under Henry Kissinger - one credited with anchoring the dollar in...
Golden Portfolio | Sponsoredtc pixel
Your book is inside
The "Sucker's Bet" Most New Options Traders Fall For Most people who try options lose money the same way. ...
Profits Run | Sponsoredtc pixel
BlackRock is hoarding it. JPMorgan is hoarding it. Do you own it?
BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one t...
Awesomely, LLC | Sponsoredtc pixel
Iran War Shock: What I Was Told In That Private Meeting
You’re Being LIED To About The Iran War Forget EVERYTHING you’ve heard about the Iran war. Especially th...
Banyan Hill Publishing | Sponsoredtc pixel
VWAV: Is This the Next Defense Breakout?
VisionWave Holdings (NASDAQ: VWAV) is developing a full-stack defense technology platform integrating AI, RF s...
Equiscreen | Sponsoredtc pixel
Trump’s $250 Bill – See Immediately
Former Goldman Sachs VP Dr. David Eifrig is warning that July 28 could trigger the biggest wealth reset in mod...
Stansberry Research | Sponsoredtc pixel