← BackMESA LABORATORIES INC /CO/ · Industrial Instruments For Measurement, Display, and ControlMLAB
Low riskNext report: Around Nov 5 (est.)
The short versionA profitable company with steady sales. Institutions are adding.
Going well
- Profitable
- Brings in more cash than it spends
- Pays a 0.5% dividend yield
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 5.3% to their holdings in the quarter ending June 2026 (91 bought, 55 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$129.70+0.9% that day
- Company value
- $726M
- Share price times all shares
- Price vs profit (P/E)
- 152.6x
- You pay about $153 for each $1 of yearly profit
- Price vs sales
- 2.9x
- Company value is 2.9 times a year of sales
- Dividend yield
- 0.5%
- Yearly dividend as a share of today's price
- Cash vs value
- 4%
- Cash as a share of company value
- Debt vs value
- 9%
- Debt as a share of company value
From MLAB's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$60.1M+1.0% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $249.7M, up 3.0% from the 12 months before. Over 5 years, sales grew about 13% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.3.9%
- PassDebt under half of equityNot relying on borrowed money.0.37x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.2.7%
- MissProfitable every yearSteady profits, not one good year.7 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$39.6M
- MissShare count not growingNot diluting owners. Falling means buybacks.+3.8% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.63.5%
- Revenue
- $249.1M
- +3.4% vs prior year
- 5-year growth
- +13.2%/yr
- revenue, per year
- Total debt
- $68.4M
- 0.37x equity
- Current ratio
- 1.94x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $60.1M
- +1.0% YoY
- EPS
- $0.49
- vs $0.85
- Op. margin
- 11.7%
- +6.6 pts
- Gross margin
- 64.9%
- +2.9 pts
- Free cash flow
- $14.2M
- Share count
- +3.7%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 1
- Normal week
- 1.8
- vs normal
- 0.6x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+5.3%Institutions added 5.3% to their holdings. 91 bought, 55 sold. 2 quarters of net buying in a row.
Shares held by institutions5.0M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+1.3%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.3x · $66.1M debtShares outstandingLatest reported
6MNext reportAround Nov 5 (est.)Estimated from the same quarter last year
- Results filedAug 10
- Results filedMay 27
- Results filedFeb 3
- Results filedNov 6, 2025
- Results filedAug 5, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
5%+ holder update (passive)Oct 27 · Form SCHEDULE 13G/A ↗Investor disclosureOct 13 · Form 8-K ↗New 5%+ holder (passive)Oct 9 · Form SCHEDULE 13G ↗Stock awardR Tony TripenyDirector
1,774 shares
- Now owns 1,774 shares
- Restricted Stock Units - 5
- Filed 2 days after trade
Stock awardJohn James SullivanDirector
1,774 shares
- Now owns 1,774 shares
- Restricted Stock Units - 11
- Filed 2 days after trade
Stock awardShannon HallDirector
1,774 shares
- Now owns 1,774 shares
- Restricted Stock Units - 9
- Filed 2 days after trade
Stock awardJennifer Sadie AlltoftDirector
1,774 shares
- Now owns 1,774 shares
- Restricted Stock Units - 10
- Filed 6211 days after trade
Stock awardShiraz Shabanali LadiwalaDirector
2,510 shares
- Now owns 2,510 shares
- Restricted Stock Units - 7
- Filed 2 days after trade
Stock awardMark Christopher CaponeDirector
2,423 shares
- Now owns 2,423 shares
- Restricted Stock Units - 4
- Filed 2 days after trade
Shareholder vote resultsSep 8 · Form 8-K ↗Planned insider saleAug 27 · Form 144 ↗Planned insider saleAug 21 · Form 144 ↗Insider tradeAug 17 · Form 4 ↗Insider tradeAug 17 · Form 4 ↗Insider tradeAug 17 · Form 4 ↗