Mayville Engineering Company, Inc.

Mayville Engineering Company, Inc.

NNYSE:MEC
13.12
USD
+0.07
(+0.54%)
-0.64EPS
382.52MMarket Cap
Mar 02Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
15.91
18
29.79
17.97
22.29
26.44
28.82
28.22
26.7
27.45
Basic EPS, GAAP
0.27
0.91
-0.27
-0.36
-0.37
0.92
0.38
1.26
-0.4
-0.64
Free Cash Flow per Basic Share
0.99
0.96
0.44
1.44
-1.22
-0.3
1.16
3.77
1.31
-0.3
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4.72
5.23
10.23
10.01
9.75
10.8
14.15
12.33
11.85
12.84
Tangible Book Value per Share
1.72
-2.5
2.91
3.38
3.74
5.08
4.84
5.26
-0.53
3.33
Basic Weighted Avg Shares
20
20
17
20
20
20
20
21
20
22
Sales/Revenue/Turnover
313
355
520
358
455
539
588
582
546
612
Operating Margin (%)
3.01
6.25
-1.54
-1.82
1.93
3.97
3.43
3.28
-0.7
-1.14
Depreciation Expense
21
20
33
32
32
29
35
38
41
44
Net Income, GAAP
5
18
-5
-7
-7
19
8
26
-8
-14
Effective Tax Rate (%)
- -
- -
- -
- -
- -
16.37
11.7
22.63
- -
- -
Profit Margin (%)
1.67
5.06
-0.91
-1.98
-1.64
3.47
1.33
4.46
-1.48
-2.32
Working Capital
22
30
42
37
55
39
63
48
54
74
LT Debt
68
173
75
47
68
104
176
105
228
150
Total Equity
93
103
201
201
198
218
230
252
241
327
Return on Invested Capital (%)
- -
- -
- -
- -
- -
7.28
4.84
8.93
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
7.27
4.78
8.92
- -
- -
Return on Common Equity (%)
- -
18.31
-3.13
-3.53
-3.73
9
3.5
10.78
-3.29
-4.97

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
7
7
7
LT Borrowings
212
126
130
LT Finance Leases
24
22
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
25
26
Market Capitalization
366
955
383

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
147
159
175
Cash, Cash Equivalents & STI
2
2
2
Accounts Receivable, Net
68
77
86
Inventories
66
69
78
Total Current Liabilities
90
94
100
Payables & Accruals
69
72
77
ST Debt
7
7
7
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
3.85%
-4.38%
Free Cash Flow
- -
-116.86%
-65.37%
Net Income, GAAP
- -
-60.91%
-131.23%
Sales/Revenue/Turnover
- -
9.53%
-6.04%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
161
164
135
121
582
2025
136
132
144
134
546
2026
145
163
170
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.18
0.14
0.77
1.26
2025
- -
-0.05
-0.13
-0.21
-0.4
2026
-0.4
-0.09
0.02
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jagadeesh A. Reddy
Full Time Employees
2,400
Sector
Producer manufacturing
Industry
Industrial machinery
Address
135 S. 84th Street Milwaukee WI United States 53214
IPO Date
May 9, 2019
Website
mecinc.com
Business
Mayville Engineering Company, Inc. (NYSE: MEC) is a leading U.S.-based value-added manufacturing partner providing a full suite of solutions from design and prototyping to production fabrication, coating, assembly, and aftermarket components for original equipment manufacturers (OEMs). The company offers core products and services including prototyping and tooling; conventional and CNC stamping, shearing, fiber laser cutting, tube laser cutting, forming, NC punching, drilling, tapping, grinding, roll forming, tube bending and forming, machining, turning, and comprehensive welding (MIG, TIG, spot, projection, stud, plasma, laser, brazing, robotic); mechanical and electromechanical assembly; finishing capabilities such as shot blasting, acid pickling, zinc phosphate, e-coating, powder coating, liquid coating, high-temperature coating, and military-grade chemical agent resistant coating (CARC) painting; and logistic services. MEC serves diverse end markets comprising heavy- and medium-duty commercial vehicles, construction and access equipment, powersports, agriculture, military, critical power infrastructure, data centers, renewable energy, and other industrial sectors, with customers including blue-chip OEMs. Founded in 1945 and headquartered in Mayville, Wisconsin, the company operates 26 manufacturing facilities totaling nearly three million square feet across seven states, including Arkansas, Michigan, Mississippi, Ohio, Pennsylvania, Virginia, and Wisconsin, with recent expansions in key locations such as Hazel Park, Michigan. MEC maintains approximately 2,300 employees and holds the distinction of being named the nation's largest metal fabricator by Fabricator Magazine for 15 consecutive years. In a significant strategic development, MEC completed the acquisition of Accu-Fab, LLC on July 1, 2025, for $140.5 million, enhancing its capabilities in technology-driven metal fabrication, sheet metal integration, specialized finishing, and design engineering while accelerating entry into high-growth critical power infrastructure and data center markets. The transaction, funded through existing credit facilities, is immediately accretive to Adjusted EBITDA and is expected to generate $20-30 million in revenue synergies by 2026 through customer cross-selling, geographic expansion, and implementation of MEC's MBX operational excellence framework. This acquisition broadens MEC's customer base among large OEMs and supports long-term margin expansion beyond 15%.

Company News

  • Mayville Engineering Q3 Earnings Call Highlights

  • Mayville Engineering Company, Inc. (MEC) Q3 2026 Earnings Call Transcript

  • Mayville Engineering (MEC) Meets Q3 Earnings Estimates

  • Mayville Engineering Company Announces Third Quarter 2026 Results

  • Riverwater Micro Opportunities Strategy Q3 2026 Portfolio Activity

  • Diamond Hill Small Cap Fund Q3 2026 Portfolio Activity

  • Mayville Engineering Company Announces Third Quarter 2026 Results Conference Call and Webcast Date

  • Head-To-Head Analysis: Mayville Engineering (NYSE:MEC) versus Wabtec (NYSE:WAB)

  • Mayville Engineering Company, Inc. (NYSE:MEC) Receives Average Rating of “Moderate Buy” from Brokerages

  • Mayville Engineering Company Announces Strategic Footprint Expansion in the Southeastern U.S.

  • Mayville Engineering Company's Plunge Has Been Unreasonable

  • A Look at Mayville Engineering Co Inc (MEC) After 4.1% Decline -- GF Value $15.96 vs Price $21.73

  • Is the Options Market Predicting a Spike in Mayville Engineering Stock?

  • Mayville Engineering Co Inc (MEC) Stock Up 3.9% but GF Value Says Overvalued -- GF Score: 74/100

  • Mayville Engineering Q2 Earnings Call Highlights

  • Dimensional Fund Advisors LP Boosts Stake in Mayville Engineering Company, Inc. $MEC

  • Mayville Engineering Company, Inc. (MEC) Q2 2026 Earnings Call Transcript

  • Arrowstreet Capital Limited Partnership Lowers Stock Holdings in Mayville Engineering Company, Inc. $MEC

  • Mayville Engineering (MEC) Q2 Earnings and Revenues Surpass Estimates

  • Mayville Engineering Company Announces Second Quarter 2026 Results