Estados financieros detallados de Mirion Technologies, Inc. (MIR): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Márgenes de los últimos 12 meses: margen bruto 48.0%, margen operativo 5.3%, margen neto 2.4%. El flujo de caja libre creció a un CAGR del 40.4% en 5 años.
Al precio actual de $15.84, MIR cotiza a un P/E de 160.00 y un ROE del 1.33%. La capitalización bursátil es de $3.9B.
Cuenta de Resultados (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $444.1M | $440.1M | 0 | $668.3M | $717.8M | $800.9M | $860.8M | $925.4M |
| Coste de Ventas | $275.7M | $251.8M | 0 | $384.1M | $400.6M | $444.4M | $459.0M | $486.8M |
| Beneficio Bruto | $168.4M | $188.3M | 0 | $284.2M | $317.2M | $356.5M | $401.8M | $438.6M |
| I+D | $19.3M | $14.0M | 0 | $36.2M | $30.3M | $31.7M | $35.0M | $38.9M |
| Generales y Administrativos | $153.8M | $145.4M | $2.4M | $267.6M | $357.1M | $338.6M | $338.2M | $348.2M |
| Gastos Operativos | $173.1M | $159.5M | $2.4M | $352.9M | $615.0M | $378.4M | $377.0M | $387.1M |
| Beneficio Operativo | -$4.7M | $28.8M | -$2.4M | -$68.7M | -$297.8M | -$21.9M | $24.8M | $51.5M |
| EBITDA | $72.3M | $98.4M | $68.6M | $92.6M | $104.3M | $149.0M | $179.0M | $212.9M |
| Gastos por Intereses | 0 | 0 | 0 | $59.0M | $42.5M | $61.9M | $57.9M | $42.2M |
| Beneficio Antes de Impuestos | -$140.5M | -$126.2M | -$45.5M | -$228.5M | -$306.6M | -$105.3M | -$33.9M | $32.7M |
| Impuestos | -$36.8M | -$4.2M | -$265897 | -$5.1M | -$18.2M | -$6.6M | $2.7M | $2.9M |
| Beneficio Neto | -$103.7M | -$122.0M | -$45.3M | -$222.5M | -$276.9M | -$96.9M | -$36.1M | $28.8M |
| BPA | $-0.00 | $0.00 | $-0.48 | $-0.61 | $-1.53 | $-0.49 | $-0.18 | $0.13 |
| BPA Diluido | $-0.00 | $0.00 | $-0.48 | $-0.61 | $-1.53 | $-0.49 | $-0.18 | $0.11 |
| Acciones en Circulación (Diluidas) | $95.1M | $20.1M | $144.8M | $208.1M | $181.1M | $196.4M | $205.0M | $261.2M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $223.1M | $277.4M | $257.6M | $266.8M |
| Beneficio Bruto | $104.5M | $135.3M | $119.1M | $133.1M |
| Beneficio Operativo | $7.4M | $25.5M | $3.7M | $17.9M |
| EBITDA | $44.9M | $67.8M | $44.0M | $58.5M |
| Beneficio Neto | $2.9M | $17.3M | -$3.4M | $7.7M |
| BPA | $0.01 | $0.07 | $-0.01 | $0.03 |
| BPA Diluido | $0.01 | $0.07 | $-0.01 | $0.03 |
Balance (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $5000 | $5000 | $118.4M | $84.0M | $73.5M | $128.8M | $175.2M | $412.3M |
| Inversiones a Corto | 0 | 0 | 0 | $4.9M | $4.3M | $5.3M | $5.9M | $6.9M |
| Cuentas por Cobrar | 0 | 0 | $156.8M | $219.7M | $225.6M | $230.4M | $253.3M | $290.0M |
| Inventario | 0 | 0 | $90.2M | $123.6M | $143.3M | $144.1M | $133.2M | $152.6M |
| Activos Corrientes | $5000 | $5000 | $389.7M | $453.4M | $480.6M | $538.6M | $594.7M | $893.7M |
| Inmovilizado Material | 0 | 0 | $75.2M | $169.7M | $164.9M | $167.4M | $176.6M | $187.0M |
| Fondo de Comercio | 0 | 0 | $522.6M | $1.66B | $1.42B | $1.45B | $1.43B | $1.87B |
| Activos Intangibles | 0 | 0 | $248.3M | $806.9M | $650.4M | $538.8M | $411.6M | $606.3M |
| Activos Totales | $5000 | $5000 | $1.24B | $3.12B | $2.74B | $2.72B | $2.64B | $3.59B |
| Cuentas por Pagar | $295 | $636 | $38.7M | $59.4M | $67.7M | $58.7M | $56.5M | $57.4M |
| Deuda a Corto | 0 | 0 | $41.1M | $3.9M | $5.3M | $1.2M | $1.2M | $1.6M |
| Pasivos Corrientes | $295 | $636 | $183.5M | $221.0M | $244.3M | $265.7M | $263.5M | $316.1M |
| Deuda a Largo | 0 | 0 | $1.66B | $806.8M | $801.5M | $684.7M | $685.2M | $1.20B |
| Pasivos Totales | $295 | $636 | $1.96B | $1.33B | $1.27B | $1.17B | $1.08B | $1.67B |
| Reservas | -$295 | -$636 | -$729.7M | -$131.6M | -$408.5M | -$505.4M | -$541.5M | -$512.7M |
| Patrimonio Neto | $4705 | $4364 | -$718.7M | $1.69B | $1.40B | $1.48B | $1.51B | $1.87B |
| Deuda Total | 0 | 0 | $1.70B | $860.6M | $849.6M | $721.0M | $719.9M | $1.23B |
| Deuda Neta | -$5000 | -$5000 | $1.58B | $771.7M | $771.8M | $586.9M | $538.8M | $814.5M |
| Capital Circulante | $4705 | $4364 | $206.2M | $232.4M | $236.3M | $272.9M | $331.2M | $577.6M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $933.5M | $412.3M | $397.9M | $418.7M |
| Activos Totales | $3.50B | $3.59B | $3.54B | $3.52B |
| Pasivos Totales | $1.60B | $1.67B | $1.65B | $1.65B |
| Patrimonio Neto | $1.84B | $1.87B | $1.84B | $1.83B |
| Deuda Total | $1.23B | $1.23B | $1.23B | $1.23B |
Flujo de Caja (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$103.7M | -$341 | -$119.1M | -$127.9M | -$288.4M | -$96.9M | -$36.6M | $28.8M |
| Amortizaciones | $77.0M | $69.5M | $71.0M | $62.9M | $174.5M | $162.5M | $150.4M | $138.0M |
| Compensación en Acciones | $200000 | $100000 | $200000 | 0 | $31.8M | $21.9M | $15.6M | $15.2M |
| Cambio en Capital Circulante | -$16.6M | $341 | -$2.5M | -$11.0M | -$38.4M | -$700000 | -$26.8M | -$15.7M |
| Flujo de Caja Operativo | $15.6M | $14.7M | $39.5M | $900000 | $39.4M | $95.2M | $99.1M | $143.3M |
| Inversiones (CapEx) | -$12.6M | -$16.5M | -$19.9M | -$17.6M | -$34.2M | -$37.1M | -$48.8M | -$36.4M |
| Adquisiciones | 0 | -$9.1M | -$55.7M | -$2.18B | -$6.6M | -$30.4M | -$1.0M | -$661.9M |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | -$1.0M | -$2.0M | -$49.6M |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $3.0M | -$1.8M | $19.6M | -$16.7M | $5.2M | $58.1M | $50.3M | $106.9M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $22.3M | $76.1M | $18.9M | $58.5M |
| Inversiones (CapEx) | -$9.3M | -$9.8M | -$9.5M | -$10.4M |
| Flujo de Caja Libre | $13.0M | $66.3M | $9.4M | $48.1M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $4.5M | 0 | $4.3M | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -0.9% | -100.0% | | +7.4% | +11.6% | +7.5% | +7.5% |
| Crecimiento Beneficio Neto (anual) | | -17.6% | +62.9% | -391.7% | -24.4% | +65.0% | +62.7% | +179.8% |
| Crecimiento BPA (anual) | | +100.0% | | -27.1% | -150.8% | +68.0% | +63.3% | +172.2% |
| Cambio en Acciones (anual) | | -78.8% | +619.7% | +43.7% | -12.9% | +8.4% | +4.4% | +27.4% |
| Crecimiento FCF (anual) | | -160.0% | +1188.9% | -185.2% | +131.1% | +1017.3% | -13.4% | +112.5% |
| Margen Bruto | 37.9% | 42.8% | | 42.5% | 44.2% | 44.5% | 46.7% | 47.4% |
| Margen Operativo | -1.1% | 6.5% | | -10.3% | -41.5% | -2.7% | 2.9% | 5.6% |
| Margen EBITDA | 16.3% | 22.4% | | 13.9% | 14.5% | 18.6% | 20.8% | 23.0% |
| Margen Neto | -23.4% | -27.7% | | -33.3% | -38.6% | -12.1% | -4.2% | 3.1% |
| Margen FCF | 0.7% | -0.4% | | -2.5% | 0.7% | 7.3% | 5.8% | 11.6% |
| Tasa Impositiva Efectiva | 26.2% | 3.3% | 0.6% | 2.2% | 5.9% | 6.3% | -8.0% | 8.9% |
Datos por Acción (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.03 | $-0.09 | $0.14 | $-0.08 | $0.03 | $0.30 | $0.25 | $0.41 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $95.1M | $20.1M | $144.8M | $208.1M | $181.1M | $196.4M | $205.0M | $230.0M |
Qué mirar en Industrials
Aeroespacial, defensa, maquinaria, transporte. Semi-cíclicos. Clave: backlog, márgenes operativos, y conversión de FCF.
- Crecimiento ingresos 5y — Sin crecimiento, no hay creación de valor a largo plazo
- Margen operativo — El mejor indicador de disciplina operativa en industriales
- ROIC — Industriales de calidad tienen ROIC >15% — el resto destruyen capital
- FCF conversion — FCF / Net Income — en industriales bueno >85%
- Deuda neta / EBITDA — Industriales cíclicos con deuda alta sufren mucho en recesión
- Capex / Ingresos — Mantener la maquinaria. <4% = posible infraversión (deterioro futuro)
- Altman Z-Score — Modelo de bankruptcy (NYU 1968) — combina liquidez, apalancamiento y rentabilidad. Clave en cíclicos
Rentabilidad
| Rentabilidad sobre capital | 1.33% |
| Rentabilidad sobre capital invertido | 1.41% |
| Rentabilidad sobre activos | 0.70% |
| Margen bruto | 48.00% |
| Margen operativo | 5.32% |
| Margen neto | 2.39% |
Salud financiera
| Deuda / Patrimonio | 0.68 |
| Ratio corriente | 3.20 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 2.23 |
Ratios Clave (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -3208435.44 | -1.64 | -22.71 | -17.16 | -4.32 | -20.92 | -96.94 | 180.15 |
| P/VC | 201167.64 | 45885.37 | -2.20 | 1.29 | 0.86 | 1.36 | 2.38 | 2.89 |
| P/V | 2.13 | 0.45 | 0.00 | 3.26 | 1.67 | 2.51 | 4.16 | 5.82 |
| Margen Bruto | 37.9% | 42.8% | 0.0% | 42.5% | 44.2% | 44.5% | 46.7% | 47.4% |
| Margen Operativo | -1.1% | 6.5% | 0.0% | -10.3% | -41.5% | -2.7% | 2.9% | 5.6% |
| Margen Neto | -23.4% | -27.7% | 0.0% | -33.3% | -38.6% | -12.1% | -4.2% | 3.1% |