Mesa Laboratories (MLAB) Financial Ratios: P/E, ROE & More

Mesa Laboratories (MLAB) Financial Ratios

For fiscal 2026 (fiscal year ended Mar 31, 2026), Mesa Laboratories had a P/E ratio of 72.78, return on equity of 3.9% (up from -1.3%), debt-to-equity of 0.91 (down from 1.21) and a current ratio of 1.72 (up from 0.63). A current ratio of 1.72 means current assets exceed current liabilities. Its dividend yield was 0.72% with a payout ratio of 52.5%.

Mesa Laboratories Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Valuation Ratios
P/E Ratio	72.78	-	-	1004.45	714.64	380.47
Forward P/E	63.76	16.50	17.53	27.40	39.18	54.11
P/S Ratio	1.96	2.68	2.74	4.26	7.25	9.35
P/B Ratio	2.62	4.03	4.07	2.37	3.40	3.08
Price/Tangible Book	-	-	-	-	-	3.07
Price/FCF	12.34	15.15	14.24	39.85	38.43	35.68
Price/OCF	11.40	13.77	13.41	33.38	34.09	33.76
PEG Ratio	3.88	3.88	5.14	5.14	5.14	5.41
Enterprise Value Ratios
EV/Revenue	2.56	3.42	3.72	5.03	8.27	8.46
EV/EBITDA	15.29	19.58	22.83	30.23	51.23	37.76
EV/EBIT	34.52	46.91	218.36	331.90	324.36	91.73
EV/FCF	16.14	19.36	19.37	47.01	43.84	32.31
Profitability & Returns
Return on Equity (ROE)	3.88%	-1.29%	-94.36%	0.24%	0.47%	1.05%
Return on Assets (ROA)	2.69%	2.50%	0.42%	0.30%	0.45%	3.48%
Return on Invested Capital (ROIC)	3.18%	-1.73%	0.82%	0.59%	0.57%	5.64%
Return on Capital Employed (ROCE)	5.10%	6.50%	0.90%	0.50%	0.70%	2.60%
Leverage & Solvency Ratios
Debt/Equity	0.91	1.21	1.59	0.49	0.58	0.36
Debt/EBITDA	3.45	4.04	5.76	4.68	7.11	4.85
Debt/FCF	4.26	4.55	5.57	8.19	6.57	4.15
Liquidity Ratios
Current Ratio	1.72	0.63	2.47	2.74	2.59	9.32
Quick Ratio	1.17	0.43	1.56	1.74	1.89	8.83
Efficiency Ratios
Asset Turnover	0.58	0.55	0.39	0.32	0.28	0.27
Inventory Turnover	3.51	3.06	2.43	2.88	4.21	3.69
Yield & Distribution Ratios
Earnings Yield	1.37%	-0.31%	-42.95%	0.10%	0.14%	0.26%
FCF Yield	8.10%	6.60%	7.02%	2.51%	2.60%	2.80%
Dividend Yield	0.72%	0.54%	0.58%	0.37%	0.25%	0.26%
Payout Ratio	52.49%	-	-	366.24%	178.46%	96.67%
Buyback Yield	-2.66%	-0.65%	-0.47%	-0.49%	-4.12%	-17.23%
Total Return	-1.93%	-0.11%	0.12%	-0.12%	-3.87%	-16.97%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Mesa Laboratories Financial Ratios

What is Mesa Laboratories's P/E ratio?

Mesa Laboratories's P/E ratio was 72.78 for fiscal 2026 (period ended Mar 31, 2026).

What is Mesa Laboratories's return on equity?

Mesa Laboratories's return on equity (ROE) was 3.9% for fiscal 2026 (period ended Mar 31, 2026). It was -1.3% a year earlier.

What is Mesa Laboratories's debt-to-equity ratio?

Mesa Laboratories's debt-to-equity ratio was 0.91 for fiscal 2026 (period ended Mar 31, 2026). It was 1.21 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition