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Pay vs Performance Disclosure
Unit_pure in Millions
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Pay
Versus
Performance
In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive “compensation actually paid” for our principal executive officer (“PEO”) and
Non-PEO
NEOs and Company performance for the fiscal years
listed
below. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown. For further information concerning the Company’s pay for performance philosophy and how the Company aligns executive compensation with the Company’s performance, refer to “Compensation Discussion and Analysis.”
 
               
Year
 
Summary
Compensation
Table Total for
Vijay
Manthripragada
(1)

($)
 
Compensation
Actually Paid to Vijay
Manthripragada
(1),(2),(3)

($)
 
Average
Summary
Compensation
Table Total for
Non-PEO

NEOs
(1)

($)
 
Average
Compensation
Actually Paid
to Non-PEO

NEOs
(1),(2),(3)

($)
 
Value of Initial
Fixed $100
Investment
based on:
(4)
 
Net
Income
($
Millions)
 
Consolidated
Adjusted
EBITDA
5
($ Millions)”
 
TSR
($)
 
Peer
Group
TSR
($)
                 
(a)   (b)   (c)   (d)   (e)   (f)   (g)   (h)   (i)
                 
2022   1,971,164   (33,620,506)   1,069,255   (12,569,618)   201.77   121.81   (31.8)   66.2
                 
2021   58,421,251   78,926,873   21,580,836   30,171,824   320.50   152.66   (25.3)   73.2
                 
2020   4,731,136   7,608,420   2,301,038   4,233,071   140.73   115.89   (57.9)   54.5
 
(1)
Vijay Manthripragada was our PEO for each year presented. The individuals comprising the
Non-PEO
NEOs for each year presented are listed below.
 
 
2020-2022
 
Allan Dicks
 
Nasym Afsari
 
Joshua W. LeMaire
 
Jose M. Revuelta
 
(2)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation
S-K
and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
 
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the
Non-PEO
NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table.
 
 
         
Year
 
Summary
Compensation Table
Total for Vijay
Manthripragada
($)
 
Exclusion of Stock
Awards and Option
Awards for Vijay
Manthripragada
($)
 
Inclusion of Equity
Values for Vijay
Manthripragada
($)
 
Compensation
Actually Paid to Vijay
Manthripragada
($)
         
2022
  1,971,164   (1,062,764)   (34,528,906)   (33,620,506)
         
2021
  58,421,251   (57,182,871)   77,688,493   78,926,873
         
2020
  4,731,136   (1,438,887)   4,316,171   7,608,420
 
         
Year
 
Average Summary
Compensation Table
Total for
Non-PEO

NEOs
($)
 
Average Exclusion of
Stock Awards and
Option Awards for
Non-PEO
NEOs
($)
 
Average Inclusion of
Equity Values for
Non-PEO
NEOs
($)
 
Average
Compensation
Actually Paid to
Non-PEO
NEOs
($)
         
2022
  1,069,255   (531,382)   (13,107,491)   (12,569,618)
         
2021
  21,580,836   (21,019,405)   29,610,393   30,171,824
         
2020
  2,301,038   (719,453)   2,651,486   4,233,071
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
 
             
Year
 
Year-End
Fair
Value of Equity
Awards
Granted During
Year That
Remained
Unvested as of
Last Day of
Year for Vijay
Manthripragada
($)
 
Change in Fair
Value from Last
Day of Prior
Year to Last
Day of Year of
Unvested
Equity Awards
Granted in
Prior Years
for Vijay
Manthripragada
($)
 
Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that
Vested During
Year for Vijay
Manthripragada
($)
 
Change in Fair
Value from Last
Day of Prior
Year to Vesting
Date of
Unvested
Equity Awards
Granted in
Prior Years that
Vested During
Year for Vijay
Manthripragada
($)
 
Fair Value at
Last Day of
Prior Year of
Equity Awards
Forfeited
During Year for
Vijay
Manthripragada
($)
 
Total -
Inclusion of
Equity Values
for Vijay
Manthripragada
($)
             
2022
  845,186   (33,528,440)   729,747   (2,575,399)   0   (34,528,906)
             
2021
  71,029,491   6,232,690   356,047   70,265   0   77,688,493
             
2020
  3,907,850   408,321   0   0   0   4,316,171
 
             
Year
 
Average Year-End

Fair Value
of Equity
Awards
Granted During
Year That
Remained
Unvested as of
Last Day of
Year for
Non-
PEO NEOs
($)
 
Average
Change in Fair
Value from
Last Day of
Prior Year to
Last Day of
Year of
Unvested
Equity Awards
Granted in
Prior Years for
Non-PEO

NEOs
($)
 
Average
Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that
Vested During
Year for Non-
PEO NEOs
($)
 
Average
Change in Fair
Value from
Last Day of
Prior Year to
Vesting Date of
Unvested
Equity Awards
Granted in
Prior Years
that Vested
During Year for
Non-PEO NEOs

($)
 
Average Fair
Value at Last
Day of Prior
Year of Equity
Awards
Forfeited
During Year for
Non-PEO NEOs

($)
 
Total - Average

Inclusion of
Equity Values
for
Non-PEO

NEOs
($)
             
2022
  422,605   (12,595,262)   364,863   (1,299,697)   0   (13,107,491)
             
2021
  26,235,686   3,153,597   178,024   43,086   0   29,610,393
             
2020
  1,953,945   244,992   0   452,549   0   2,651,486
 
 
(4)
The Peer Group TSR set forth in this table utilizes the MSCI USA ESG Leaders Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation
S-K
included in our Annual Report for the year ended December 31, 2022. The comparison assumes $100 was invested for the period starting July 23, 2020, through the end of the listed year in the Company and in the MSCI USA ESG Leaders Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.
 
(5)
We determined Consolidated Adjusted EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and
Non-PEO
NEOs in 2022. Adjusted EBITDA is a
non-GAAP
measure that adds back
non-recurring
expenses. Consolidated Adjusted EBITDA, a non-GAAP measure, represents net income (loss) before interest expense, income tax expense (benefit) and depreciation and amortization, adjusted for the impact of certain other items, including stock-based compensation expense, acquisition-related costs and fair value-related changes, as set forth in greater detail in our quarterly and annual earnings releases furnished to the SEC as exhibits to Current Reports on Form 8-K
   
Company Selected Measure Name Consolidated Adjusted EBITDA    
Named Executive Officers, Footnote [Text Block]
 
2020-2022
 
Allan Dicks
 
Nasym Afsari
 
Joshua W. LeMaire
 
Jose M. Revuelta
   
Peer Group Issuers, Footnote [Text Block] The Peer Group TSR set forth in this table utilizes the MSCI USA ESG Leaders Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation
S-K
included in our Annual Report for the year ended December 31, 2022. The comparison assumes $100 was invested for the period starting July 23, 2020, through the end of the listed year in the Company and in the MSCI USA ESG Leaders Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.
   
PEO Total Compensation Amount $ 1,971,164 $ 58,421,251 $ 4,731,136
PEO Actually Paid Compensation Amount $ (33,620,506) 78,926,873 7,608,420
Adjustment To PEO Compensation, Footnote [Text Block]
 
         
Year
 
Summary
Compensation Table
Total for Vijay
Manthripragada
($)
 
Exclusion of Stock
Awards and Option
Awards for Vijay
Manthripragada
($)
 
Inclusion of Equity
Values for Vijay
Manthripragada
($)
 
Compensation
Actually Paid to Vijay
Manthripragada
($)
         
2022
  1,971,164   (1,062,764)   (34,528,906)   (33,620,506)
         
2021
  58,421,251   (57,182,871)   77,688,493   78,926,873
         
2020
  4,731,136   (1,438,887)   4,316,171   7,608,420
 
             
Year
 
Year-End
Fair
Value of Equity
Awards
Granted During
Year That
Remained
Unvested as of
Last Day of
Year for Vijay
Manthripragada
($)
 
Change in Fair
Value from Last
Day of Prior
Year to Last
Day of Year of
Unvested
Equity Awards
Granted in
Prior Years
for Vijay
Manthripragada
($)
 
Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that
Vested During
Year for Vijay
Manthripragada
($)
 
Change in Fair
Value from Last
Day of Prior
Year to Vesting
Date of
Unvested
Equity Awards
Granted in
Prior Years that
Vested During
Year for Vijay
Manthripragada
($)
 
Fair Value at
Last Day of
Prior Year of
Equity Awards
Forfeited
During Year for
Vijay
Manthripragada
($)
 
Total -
Inclusion of
Equity Values
for Vijay
Manthripragada
($)
             
2022
  845,186   (33,528,440)   729,747   (2,575,399)   0   (34,528,906)
             
2021
  71,029,491   6,232,690   356,047   70,265   0   77,688,493
             
2020
  3,907,850   408,321   0   0   0   4,316,171
 
   
Non-PEO NEO Average Total Compensation Amount $ 1,069,255 21,580,836 2,301,038
Non-PEO NEO Average Compensation Actually Paid Amount $ (12,569,618) 30,171,824 4,233,071
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
         
Year
 
Average Summary
Compensation Table
Total for
Non-PEO

NEOs
($)
 
Average Exclusion of
Stock Awards and
Option Awards for
Non-PEO
NEOs
($)
 
Average Inclusion of
Equity Values for
Non-PEO
NEOs
($)
 
Average
Compensation
Actually Paid to
Non-PEO
NEOs
($)
         
2022
  1,069,255   (531,382)   (13,107,491)   (12,569,618)
         
2021
  21,580,836   (21,019,405)   29,610,393   30,171,824
         
2020
  2,301,038   (719,453)   2,651,486   4,233,071
             
Year
 
Average Year-End

Fair Value
of Equity
Awards
Granted During
Year That
Remained
Unvested as of
Last Day of
Year for
Non-
PEO NEOs
($)
 
Average
Change in Fair
Value from
Last Day of
Prior Year to
Last Day of
Year of
Unvested
Equity Awards
Granted in
Prior Years for
Non-PEO

NEOs
($)
 
Average
Vesting-Date
Fair Value of
Equity Awards
Granted During
Year that
Vested During
Year for Non-
PEO NEOs
($)
 
Average
Change in Fair
Value from
Last Day of
Prior Year to
Vesting Date of
Unvested
Equity Awards
Granted in
Prior Years
that Vested
During Year for
Non-PEO NEOs

($)
 
Average Fair
Value at Last
Day of Prior
Year of Equity
Awards
Forfeited
During Year for
Non-PEO NEOs

($)
 
Total - Average

Inclusion of
Equity Values
for
Non-PEO

NEOs
($)
             
2022
  422,605   (12,595,262)   364,863   (1,299,697)   0   (13,107,491)
             
2021
  26,235,686   3,153,597   178,024   43,086   0   29,610,393
             
2020
  1,953,945   244,992   0   452,549   0   2,651,486
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Description of Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Company Total Shareholder Return (“TSR”)
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and the Company’s cumulative TSR from July 23, 2020, the first day of trading of our common stock on the NYSE, over the three most recently completed fiscal years.
 

 
*
Performance reflected in comparable table included in our Annual Report on Form 10-K was computed based on an assumed initial investment of $100.00 at the initial public offering price per share in our initial public offering rather than the closing price on that day.
   
Compensation Actually Paid vs. Net Income [Text Block]
Description of Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Net Income
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our net income during the three most recently completed fiscal years.
 

   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Description of Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Company-Selected Measure
The following chart sets forth the relationship between Compensation Actually
Paid
to our PEO, the average of Compen
sation A
ctually Paid to our Non-PEO NEOs, and our M&A EBITDA during the three most recently completed fiscal years.
 

   
Total Shareholder Return Vs Peer Group [Text Block]
Description of Relationship Between Company TSR and Peer Group TSR
The following chart compares our cumulative TSR from July 23, 2020, the first day of
trading
of our common stock on the NYSE, through the three most recently completed fiscal years to that of the MSCI USA ESG Leaders Index over the same period.
 

Montrose Environmental Group, Inc. TSR* MSCI USA ESG Leaders Index TSR
 
*
Performance reflected in comparable Information presented in our Annual Report on Form 10-K was computed based on an assumed initial investment of $100.00 at the initial public offering price per share in our initial public offering rather than the closing price on that day.
   
Tabular List [Table Text Block]
The following table presents the financial performance measures that the Company considers to have been the most important in linking Compensation Actually Paid to our PEO and other NEOs for 2022 to Company performance. The measures in this table are not ranked.
 
 
  Consolidated Adjusted EBITDA
 
  Acquired Adjusted EBITDA
   
Total Shareholder Return Amount $ 201.77 320.5 140.73
Peer Group Total Shareholder Return Amount 121.81 152.66 115.89
Net Income (Loss) $ (31,800,000) $ (25,300,000) $ (57,900,000)
Company Selected Measure Amount 66.2 73.2 54.5
PEO Name Vijay Manthripragada    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Consolidated Adjusted EBITDA    
Non-GAAP Measure Description [Text Block] Adjusted EBITDA is a
non-GAAP
measure that adds back
non-recurring
expenses. Consolidated Adjusted EBITDA, a non-GAAP measure, represents net income (loss) before interest expense, income tax expense (benefit) and depreciation and amortization, adjusted for the impact of certain other items, including stock-based compensation expense, acquisition-related costs and fair value-related changes, as set forth in greater detail in our quarterly and annual earnings releases furnished to the SEC as exhibits to Current Reports on Form 8-K
   
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Acquired Adjusted EBITDA    
PEO [Member] | Exclusion of Stock Awards and Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (1,062,764) $ (57,182,871) $ (1,438,887)
PEO [Member] | Inclusion of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (34,528,906) 77,688,493 4,316,171
PEO [Member] | Year End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 845,186 71,029,491 3,907,850
PEO [Member] | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards Granted in Prior Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (33,528,440) 6,232,690 408,321
PEO [Member] | Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 729,747 356,047 0
PEO [Member] | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards Granted in Prior Years that Vested During Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,575,399) 70,265 0
PEO [Member] | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Total Inclusion of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (34,528,906) 77,688,493 4,316,171
Non-PEO NEO [Member] | Exclusion of Stock Awards and Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (531,382) (21,019,405) (719,453)
Non-PEO NEO [Member] | Inclusion of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (13,107,491) 29,610,393 2,651,486
Non-PEO NEO [Member] | Year End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 422,605 26,235,686 1,953,945
Non-PEO NEO [Member] | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards Granted in Prior Years [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (12,595,262) 3,153,597 244,992
Non-PEO NEO [Member] | Vesting Date Fair Value of Equity Awards Granted During Year that Vested During Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 364,863 178,024 0
Non-PEO NEO [Member] | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards Granted in Prior Years that Vested During Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,299,697) 43,086 452,549
Non-PEO NEO [Member] | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Total Inclusion of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (13,107,491) $ 29,610,393 $ 2,651,486