Mirion Technologies, Inc. (MIR) Key Metrics
MIR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $3.77B
- Enterprise value
- $4.89B
- P/E (TTM)
- 168.3
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 3.7 10-yr median 3.0
- Price / book
- 2.2 10-yr median 1.3
- EV / EBITDA
- 22.7 10-yr median 27.8
- Dividend yield
- —
- Beta
- 1.10
MIR key metrics, 2017–2025
Fiscal year ended December 31, 2025 · U.S. dollarsMIR valuation Price multiples at each fiscal year-end price.
MIR returns How much profit the business earns on the capital it uses.
MIR per-share figures Results divided by the shares outstanding at year-end.
MIR financial health Debt, liquidity and how easily interest is covered.
MIR efficiency & capital use Working capital cycle and where the cash goes.
MIR valuation history
MIR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
MIR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
MIR cash returned to shareholders
MIR price vs earnings per share
MIR key metrics
2017–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Valuation | |||||||||
| Market capitalization | $6.12B | $3.58B | $2.01B | $1.20B | $2.18B | $621.2M | — | — | — |
| Enterprise value | $6.93B | $4.12B | $2.60B | $1.97B | $2.95B | $2.72B | — | — | — |
| P/E ratio | 212.4 | — | — | — | — | — | — | — | — |
| Price / sales | 6.6 | 4.2 | 2.5 | 1.7 | 3.6 | 1.3 | — | — | — |
| Price / book | 3.3 | 2.4 | 1.4 | 0.9 | 1.3 | 0.9 | — | — | — |
| Price / free cash flow | 57.2 | 71.1 | 34.6 | 230.3 | — | 31.7 | — | — | — |
| Price / operating cash flow | 42.7 | 36.1 | 21.1 | 30.4 | — | 15.7 | — | — | — |
| EV / sales | 7.5 | 4.8 | 3.2 | 2.7 | 4.8 | 5.7 | — | — | — |
| EV / EBITDA | 32.6 | 23.0 | 17.4 | 18.9 | 262.6 | 39.7 | — | — | — |
| EV / free cash flow | 64.8 | 81.8 | 44.7 | 378.7 | — | 138.7 | — | — | — |
| Earnings yield | 0.5% | −1.0% | −4.8% | −23.1% | −7.3% | −7.3% | — | — | — |
| Free cash flow yield | 1.7% | 1.4% | 2.9% | 0.4% | −0.8% | 3.2% | — | — | — |
| Dividend yield | — | — | — | — | 6.7% | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.8% | 0.1% | 0.0% | 0.0% | 13.4% | — | — | — | — |
| Share price at fiscal year-end | $23.42 | $17.45 | $10.25 | $6.61 | $10.47 | $10.90 | — | — | — |
| Per share | |||||||||
| Revenue per share | $3.54 | $4.20 | $4.08 | $3.96 | $2.94 | $8.39 | — | $4.67 | $4.67 |
| Earnings per share | $0.11 | −$0.18 | −$0.49 | −$1.53 | −$0.76 | −$0.79 | — | −$1.09 | −$0.00 |
| Operating cash flow per share | $0.55 | $0.48 | $0.48 | $0.22 | $0.00 | $0.69 | — | $0.16 | $0.16 |
| Free cash flow per share | $0.41 | $0.25 | $0.30 | $0.03 | −$0.08 | $0.34 | — | $0.03 | $0.03 |
| Cash per share | $1.61 | $0.88 | $0.68 | $0.43 | $0.43 | $0.01 | — | $0.00 | — |
| Book value per share | $7.15 | $7.34 | $7.56 | $7.72 | $8.14 | $12.70 | — | $0.00 | — |
| Tangible book value per share | −$2.34 | −$1.62 | −$2.56 | −$3.70 | −$3.73 | −$0.83 | — | $0.00 | — |
| Dividends per share | — | — | — | — | $0.70 | — | — | — | — |
| Capex per share | $0.14 | $0.24 | $0.19 | $0.19 | $0.08 | $0.35 | — | $0.13 | $0.13 |
| Debt per share | $4.72 | $3.51 | $3.67 | $4.69 | $4.14 | $36.80 | — | — | — |
| Shares outstanding | 261.2M | 205.0M | 196.4M | 181.1M | 208.1M | 57.0M | — | 95.1M | 95.1M |
| Change in shares outstanding | +27.4% | +4.4% | +8.4% | −12.9% | +265.1% | — | — | 0.0% | — |
| Returns & profitability | |||||||||
| Return on equity (ROE) | 1.7% | −2.4% | −6.7% | −17.9% | −13.1% | −12.5% | −7.5% | — | — |
| Return on invested capital (ROIC) | 2.0% | 1.0% | −0.8% | −10.2% | 0.3% | −0.1% | −0.0% | — | — |
| Return on assets (ROA) | 0.9% | −1.3% | −3.6% | −9.5% | −8.2% | −12.0% | −6.8% | — | — |
| Return on tangible assets | 2.6% | −4.5% | −13.2% | −41.3% | −24.4% | — | — | — | — |
| Free cash flow margin | 11.6% | 5.8% | 7.3% | 0.7% | −2.7% | 4.1% | −0.4% | 0.7% | 0.7% |
| Income quality (OCF / net income) | 4.98 | — | — | — | — | — | — | — | — |
| Financial health | |||||||||
| Total debt | $1.23B | $719.9M | $721.0M | $849.6M | $860.6M | $2.10B | $1.67B | — | — |
| Cash & short-term investments | $419.2M | $181.1M | $134.1M | $77.8M | $88.9M | $383,246 | $5,000 | $5,000 | — |
| Net debt | $814.5M | $538.8M | $586.9M | $771.8M | $771.7M | $2.10B | $1.67B | −$5,000 | — |
| Debt / equity | 0.66 | 0.48 | 0.49 | 0.61 | 0.51 | 2.90 | — | — | — |
| Debt / assets | 0.34 | 0.27 | 0.27 | 0.31 | 0.28 | 2.79 | 333,480.00 | — | — |
| Net debt / EBITDA | 3.83 | 3.01 | 3.94 | 7.40 | 68.67 | 30.59 | — | −0.00 | — |
| Current ratio | 2.83 | 2.26 | 2.03 | 1.97 | 2.05 | 0.73 | 7.86 | 16.95 | — |
| Quick ratio | 2.34 | 1.75 | 1.48 | 1.38 | 1.49 | −66.56 | — | — | — |
| Interest coverage | 1.2 | 0.4 | -0.4 | -7.0 | 0.3 | -18.3 | — | — | — |
| Working capital | $577.6M | $331.2M | $272.9M | $236.3M | $232.4M | −$358,011 | $4,364 | $4,705 | — |
| Invested capital | $2.68B | $2.04B | $2.07B | $2.17B | $2.46B | $2.82B | $1.67B | −$295 | — |
| Tangible asset value | −$561.8M | −$278.8M | −$436.4M | −$601.2M | −$685.5M | −$47.2M | −$782.1M | $4,705 | — |
| Net current asset value | −$777.5M | −$482.3M | −$629.9M | −$790.9M | −$880.6M | −$26.6M | $4,364 | $4,705 | — |
| Graham number | $4.21 | — | — | — | — | — | — | — | — |
| Graham net-net per share | −$3.67 | −$3.12 | −$4.02 | −$5.26 | −$4.89 | $2.38 | — | $1.70 | — |
| Capital allocation | |||||||||
| Dividends paid | — | — | — | — | $146.3M | — | — | — | — |
| Share buybacks (net) | $49.6M | $2.0M | $1.0M | $0 | $146.3M | — | — | — | — |
| Dividends + buybacks / free cash flow | 46.4% | 4.0% | 1.7% | 0.0% | — | — | — | — | — |
| Capex / revenue | 3.9% | 5.7% | 4.6% | 4.8% | 2.9% | 4.2% | 3.5% | 2.8% | 2.8% |
| Capex / operating cash flow | 25.4% | 49.2% | 39.0% | 86.8% | 1,955.6% | 50.4% | 112.2% | 80.8% | 80.8% |
| Capex / depreciation | 0.26 | 0.32 | 0.23 | 0.20 | 0.28 | 0.28 | 0.24 | 0.16 | 0.16 |
| Stock-based compensation / revenue | 1.6% | 1.8% | 2.7% | 4.4% | 2.4% | 0.0% | 0.0% | 0.0% | 0.0% |
| R&D / revenue | 4.2% | 4.1% | 4.0% | 4.2% | 4.8% | 3.3% | 2.9% | 4.3% | 4.3% |
| SG&A / revenue | 37.6% | 39.3% | 42.3% | 49.7% | 0.1% | 0.5% | 0.0% | 34.6% | 0.1% |
| Efficiency | |||||||||
| Days sales outstanding | 107.1 | 102.6 | 103.9 | 113.2 | 112.3 | 119.4 | 119.1 | 128.2 | — |
| Days of inventory on hand | 107.1 | 110.3 | 118.0 | 121.6 | 108.4 | 116.5 | 115.9 | 118.2 | — |
| Days payables outstanding | 42.7 | 45.8 | 51.9 | 57.9 | 30.6 | 0.6 | 0.0 | 0.0 | — |
| Cash conversion cycle (days) | 171.6 | 167.0 | 170.0 | 176.9 | 190.2 | 235.2 | 235.0 | 246.4 | — |
| Receivables turnover | 3.41 | 3.56 | 3.51 | 3.22 | 3.25 | 3.06 | 3.07 | 2.85 | — |
| Payables turnover | 8.55 | 7.97 | 7.03 | 6.30 | 11.92 | 582.19 | 604,081.63 | 934,576.27 | — |
| Inventory turnover | 3.41 | 3.31 | 3.09 | 3.00 | 3.37 | 3.13 | 3.15 | 3.09 | — |
| Asset turnover | 0.30 | 0.32 | 0.29 | 0.25 | 0.32 | 1.27 | 95,640.00 | 88,820.00 | — |
| Average receivables | $271.6M | $241.8M | $228.0M | $222.7M | $188.2M | $156.4M | $156.0M | $156.0M | — |
| Average payables | $57.0M | $57.6M | $63.2M | $63.5M | $30.2M | $483,003 | $466 | $295 | — |
| Average inventory | $142.9M | $138.7M | $143.7M | $133.4M | $106.9M | $89.8M | $89.3M | $89.3M | — |
| Intangibles / total assets | 69.1% | 69.7% | 73.1% | 75.5% | 79.2% | 102.6% | 15,642,000.0% | 0.0% | — |
Computed from MIR's annual financial statements (latest annual report filed February 19, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
MIR valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Mirion Technologies traded at 212.4 times earnings. Based on the latest twelve months, the trailing P/E is 168.3. Mirion Technologies earned a return on equity of 1.7% and a return on invested capital of 2.0% in fiscal 2025. It ended the year with $1.2 billion of debt and $419.2 million in cash and short-term investments, net debt of $814.5 million. It returned $49.6 million to shareholders: $0 in dividends and $49.6 million in share buybacks, 46% of free cash flow. The share count rose 174.5% from 95.1M to 261.2M over 8 years.
See the MIR income statement, the MIR chart for price history, or the MIR stock overview for the latest quote and news.
MIR key metrics FAQ
What is Mirion Technologies's P/E ratio?
Mirion Technologies's trailing P/E ratio is 168.3 based on the last twelve months of earnings (as of October 18, 2026). At the end of fiscal 2025 it was 212.4.
What is Mirion Technologies's EV/EBITDA?
Mirion Technologies's enterprise value was 32.6 times EBITDA at the end of fiscal 2025 (enterprise value $6.9 billion, EBITDA $212.9 million); the current EV/EBITDA is 22.7.
What is Mirion Technologies's return on equity?
Mirion Technologies's return on equity (ROE) was 1.7% in fiscal 2025: net income of $28.8 million on average shareholders' equity of $1.7 billion.
What is Mirion Technologies's ROIC?
Mirion Technologies's return on invested capital was 2.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Mirion Technologies have?
Mirion Technologies had total debt of $1.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.66 and $814.5 million of net debt (3.83 times EBITDA).
Does Mirion Technologies buy back its shares?
Yes. Mirion Technologies spent $49.6 million on net share repurchases in fiscal 2025 Shares outstanding changed +27.4% over the year, to 261.2M..
What is Mirion Technologies's free cash flow yield?
Mirion Technologies generated $106.9 million of free cash flow in fiscal 2025, a free cash flow yield of 1.7% on its market value at year-end ($6.1 billion).
What is Mirion Technologies's current ratio?
Mirion Technologies's current ratio was 2.83 at the end of fiscal 2025: current assets were 2.83 times current liabilities.