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MHH Financials Mastech Digital, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 2.9% per year over the past 5 years.
  • Net income has grown slower than revenue (-85.6% vs -2.9% per year).
  • Operating margin has contracted, at 0.0% in the latest year.
  • Free cash flow has declined 12.5% per year over the past 5 years.

Financial health

  • Total debt has grown slower than revenue (-50.8% vs -2.9% per year).
Revenue & net income
-$7138 $121M $242M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-5% 12% 28% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$1M $10M $21M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $19M $39M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$36M -$854000 $34M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $191M $609 27.7% 0.0% $11M $37M
2024 $199M $3402 27.9% 1.9% $6M $28M
2023 $201M -$7138 25.4% -4.6% $16M $21M
2022 $242M $9M 26.1% 5.0% $12M $1M $7M
2021 $222M $12M 26.8% 7.9% $3M $13M $7M
2020 $222M $10M 23.2% 6.0% $21M $17M $8M
2019 $194M $11M 24.8% 8.8% $15M $25M $3M
2018 $177M $7M 24.0% 6.6% -$1M $39M $1M
2017 $148M $2M 21.4% 2.8% $2M $38M $2M
2016 $3M $2M $10M $829000
2015 $3M $3M $13M $848000
2014 $3M $3M $3M
2013 $4M $3M $424000
2012 $2M $861000 $659000
2011 $1M $265000 $6M

Valuation over time

How the market has priced MHH against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 75801.3 151602.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 0.5 0.9 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is MHH growing its revenue and profit?

Over the past 5 years, Mastech Digital, Inc.'s revenue has declined 2.9% per year, and net income declined 85.6% per year. These are computed facts, not advice.

How much debt does MHH have?

As of FY2025, Mastech Digital, Inc. reported — of total debt against $37M of cash.

What is MHH's profit margin?

In FY2025, gross margin was 27.7%, operating margin 0.0%, and net margin 0.0%.

What is MHH's P/E ratio?

As of Jun '26, Mastech Digital, Inc. traded at a price-to-earnings ratio of about 151602.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.