InsiderClue
Stocks · Industrials · Services-Management Consulting Services

Mastech Digital, Inc.

MHH Clue Score52
United States Fiscal year ends December CIK 0001437226
$6.73 +1.05% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $6.73 −60.55% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue132.0Operating income4.5Net income2.5EPS, diluted0.28Fiscal year 2017Revenue147.9 +12.0%Operating income4.1Net income1.6 −35.5%EPS, diluted0.16 −42.9%Fiscal year 2018Revenue177.2 +19.8%Operating income11.6Net income6.7 +311.5%EPS, diluted0.60 +275.0%Fiscal year 2019Revenue193.6 +9.3%Operating income17.0Net income11.1 +66.6%EPS, diluted0.99 +65.0%Fiscal year 2020Revenue222.0 +14.7%Operating income13.4Net income9.9 −11.5%EPS, diluted0.83 −16.2%Fiscal year 2021Revenue222.0 +0.0%Operating income17.6Net income12.2 +23.9%EPS, diluted1.02 +22.9%Fiscal year 2022Revenue242.2 +9.1%Operating income12.2Net income8.7 −28.7%EPS, diluted0.72 −29.4%Fiscal year 2023Revenue201.1 −17.0%Operating income−9.3Net income−7.1 −181.9%EPS, diluted−0.61 −184.7%Fiscal year 2024Revenue198.9 −1.1%Operating income3.8Net income3.4EPS, diluted0.28Fiscal year 2025Revenue191.4 −3.8%Operating income0.0Net income0.6 −82.1%EPS, diluted0.05 −82.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 132.0 147.9 177.2 193.6 222.0 222.0 242.2 201.1 198.9 191.4
Growth +12.0% +19.8% +9.3% +14.7% +0.0% +9.1% −17.0% −1.1% −3.8%
Operating income 4.5 4.1 11.6 17.0 13.4 17.6 12.2 −9.3 3.8 0.0
Net income 2.5 1.6 6.7 11.1 9.9 12.2 8.7 −7.1 3.4 0.6
Growth −35.5% +311.5% +66.6% −11.5% +23.9% −28.7% −181.9% −82.1%
EPS, diluted 0.28 0.16 0.60 0.99 0.83 1.02 0.72 −0.61 0.28 0.05
Growth −42.9% +275.0% +65.0% −16.2% +22.9% −29.4% −184.7% −82.1%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin19.9%Operating margin3.4%Net margin1.9%Free cash flow margin1.7%Fiscal year 2017Gross margin21.4%Operating margin2.8%Net margin1.1%Free cash flow margin1.5%Fiscal year 2018Gross margin24.0%Operating margin6.6%Net margin3.8%Free cash flow margin−0.7%Fiscal year 2019Gross margin24.8%Operating margin8.8%Net margin5.8%Free cash flow margin7.8%Fiscal year 2020Gross margin23.2%Operating margin6.0%Net margin4.4%Free cash flow margin9.4%Fiscal year 2021Gross margin26.8%Operating margin7.9%Net margin5.5%Free cash flow margin1.5%Fiscal year 2022Gross margin26.1%Operating margin5.0%Net margin3.6%Free cash flow margin4.9%Fiscal year 2023Gross margin25.4%Operating margin−4.6%Net margin−3.5%Free cash flow margin7.8%Fiscal year 2024Gross margin27.9%Operating margin1.9%Net margin1.7%Free cash flow margin3.1%Fiscal year 2025Gross margin27.7%Operating margin0.0%Net margin0.3%Free cash flow margin5.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 19.9% 21.4% 24.0% 24.8% 23.2% 26.8% 26.1% 25.4% 27.9% 27.7%
Operating margin 3.4% 2.8% 6.6% 8.8% 6.0% 7.9% 5.0% −4.6% 1.9% 0.0%
Net margin 1.9% 1.1% 3.8% 5.8% 4.4% 5.5% 3.6% −3.5% 1.7% 0.3%
Free cash flow margin 1.7% 1.5% −0.7% 7.8% 9.4% 1.5% 4.9% 7.8% 3.1% 5.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow2.3Capital expenditure−0.1Free cash flow2.2Fiscal year 2017Operating cash flow3.3Capital expenditure−1.1Free cash flow2.2 +1.5%Fiscal year 2018Operating cash flow−0.5Capital expenditure−0.8Free cash flow−1.2 −155.9%Fiscal year 2019Operating cash flow16.1Capital expenditure−1.0Free cash flow15.1Fiscal year 2020Operating cash flow21.2Capital expenditure−0.3Free cash flow20.9 +38.9%Fiscal year 2021Operating cash flow5.2Capital expenditure−1.9Free cash flow3.3 −84.1%Fiscal year 2022Operating cash flow12.6Capital expenditure−0.8Free cash flow11.8 +254.7%Fiscal year 2023Operating cash flow16.0Capital expenditure−0.3Free cash flow15.6 +32.8%Fiscal year 2024Operating cash flow7.2Capital expenditure−0.9Free cash flow6.3 −60.0%Fiscal year 2025Operating cash flow11.1Capital expenditure−0.4Free cash flow10.8 +72.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 2.3 3.3 −0.5 16.1 21.2 5.2 12.6 16.0 7.2 11.1
Capital expenditure −0.1 −1.1 −0.8 −1.0 −0.3 −1.9 −0.8 −0.3 −0.9 −0.4
Free cash flow 2.2 2.2 −1.2 15.1 20.9 3.3 11.8 15.6 6.3 10.8
Growth +1.5% −155.9% +38.9% −84.1% +254.7% +32.8% −60.0% +72.1%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.8Total debt9.9Net cash (debt)−9.0Shareholders’ equity19.1Debt to equity0.52Fiscal year 2017Cash2.5Total debt38.2Net cash (debt)−35.7Shareholders’ equity27.2Debt to equity1.41Fiscal year 2018Cash1.3Total debt38.7Net cash (debt)−37.4Shareholders’ equity34.3Debt to equity1.13Fiscal year 2019Cash3.0Total debt25.3Net cash (debt)−22.3Shareholders’ equity46.3Debt to equity0.55Fiscal year 2020Cash7.7Total debt17.3Net cash (debt)−9.6Shareholders’ equity59.5Debt to equity0.29Fiscal year 2021Cash6.6Total debt13.1Net cash (debt)−6.5Shareholders’ equity74.4Debt to equity0.18Fiscal year 2022Cash7.1Total debt1.1Net cash (debt)6.0Shareholders’ equity86.0Debt to equity0.01Fiscal year 2023Cash21.1Total debt0.0Net cash (debt)21.1Shareholders’ equity81.4Debt to equity0.00Fiscal year 2024Cash27.7Shareholders’ equity87.4Fiscal year 2025Cash36.5Shareholders’ equity89.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.8 2.5 1.3 3.0 7.7 6.6 7.1 21.1 27.7 36.5
Total debt 9.9 38.2 38.7 25.3 17.3 13.1 1.1 0.0 n/a n/a
Net cash (debt) −9.0 −35.7 −37.4 −22.3 −9.6 −6.5 6.0 21.1 n/a n/a
Shareholders’ equity 19.1 27.2 34.3 46.3 59.5 74.4 86.0 81.4 87.4 89.3
Debt to equity 0.52 1.41 1.13 0.55 0.29 0.18 0.01 0.00 n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
19.9% 21.4% 24.0% 24.8% 23.2% 26.8% 26.1% 25.4% 27.9% 27.7%
3.4% 2.8% 6.6% 8.8% 6.0% 7.9% 5.0% −4.6% 1.9% 0.0%
3.0% 2.0% 5.3% 7.9% 5.7% 7.6% 5.2% −4.5% 2.2% 0.6%
1.9% 1.1% 3.8% 5.8% 4.4% 5.5% 3.6% −3.5% 1.7% 0.3%
1.7% 1.5% −0.7% 7.8% 9.4% 1.5% 4.9% 7.8% 3.1% 5.6%
Spending
16.5% 18.6% n/a n/a n/a n/a 21.0% 30.0% 26.0% 27.7%
0.1% 0.8% 0.4% 0.5% 0.1% 0.9% 0.3% 0.2% 0.5% 0.2%
37.3% 44.8% 28.9% 26.8% 21.9% 27.6% 30.3% n/a 23.1% 42.7%
Returns
13.2% 6.0% 19.5% 24.1% 16.6% 16.4% 10.1% −8.8% 3.9% 0.7%
6.4% 1.6% 7.2% 12.3% 9.7% 10.7% 8.0% −6.8% 3.1% 0.5%
Balance and payout
0.52 1.41 1.13 0.55 0.29 0.18 0.01 0.00 n/a n/a
51.6% 72.5% 63.0% 48.9% 41.7% 34.8% 21.0% 22.6% 21.6% 20.1%