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Mayville Engineering Company, Inc.(MEC)Earnings, Financials & Key Ratios
MEC•NYSE
$33.08
Price updated Jul 7, 2026
AboutMayville Engineering Company, Inc., together with its subsidiaries, operates as a contract manufacturer that serves the heavy and medium duty commercial vehicle, construction and access equipment, powersports, agriculture, military, and other end markets in the United States. The company provides a range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. It also supplies engineered components to original equipment manufacturers. The company was founded in 1945 and is headquartered in Mayville, Wisconsin.Show more
- Revenue$546M-6.0%
- EBITDA$37M-54.4%
- Net Income-$8M-131.2%
- EPS (Diluted)-0.40-132.3%
- Gross Margin9.88%-19.2%
- EBITDA Margin6.85%-51.5%
- Operating Margin-0.7%-109.2%
- Net Margin-1.48%-133.2%
- ROE-3.29%-130.5%
MEC Price & Volume
Mayville Engineering Company, Inc. (MEC) stock price & volume — 10-year historical chart
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Cyclical Headwinds Drive Severe Margin Contraction Risks
Investment Thesis • Updated 2026Q1
VerdictNegative: The company's inability to maintain positive operating income
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:Liquidity and cyclical exposure
Key Thesis Takeaways
- Mayville Engineering Company faces significant operational headwinds as its high fixed-cost structure amplifies the impact of revenue volatility, leading to a recent net loss of $8.2 million in 2026Q1.
- The firm's reliance on cyclical industrial build rates, combined with a precarious cash position of only $2.1 million, suggests limited flexibility to navigate the current downturn.
- Investors should monitor the sustainability of margins, which have compressed to 5.4% at the gross level, and the potential for goodwill impairment given the $140.2 million balance currently on the books.
Verdict Logic
which reached a negative 4.2% margin in 2026Q1, combined with a precarious $2.1 million cash position, presents an unfavorable risk-reward profile.
MEC Growth Metrics
Mayville Engineering Company, Inc. (MEC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years8.85%
3 Years0.44%
TTM-0.04%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-171.68%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-173.08%
Return on Capital
10 Years3.66%
5 Years4.2%
3 Years5.15%
Last Year-0.88%
MEC Recent Earnings
Mayville Engineering Company, Inc. (MEC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$0.15+46.4%
$0.28
Rev
$145M+4.0%
$139M
Q2 2026
Mar 3, 2026Metric
Actual
Est
EPS
$0.08-6.7%
$0.07
Rev
$134M+0.5%
$134M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.10+100.0%
$0.05
Rev
$144M+8.9%
$133M
Q3 2025
Aug 5, 2025Metric
Actual
Est
EPS
$0.10+0.0%
$0.10
Rev
$132M-17.9%
$161M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.15vs $0.28+46.4% | $145Mvs $139M+4.0% |
| Q2 2026 | Mar 3, 2026 | $0.08vs $0.07-6.7% | $134Mvs $134M+0.5% |
| Q4 2025 | Nov 4, 2025 | $0.10vs $0.05+100.0% | $144Mvs $133M+8.9% |
| Q3 2025 | Aug 5, 2025 | $0.10vs $0.10+0.0% | $132Mvs $161M-17.9% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Mayville Engineering Company, Inc. (MEC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $33.08 | $672.13M | -82.70 | -6.04% | -1.48% | -3.29% | — | |
| $54.40 | $994.32M | 27.76 | -5.43% | 2.6% | 27.22% | — | |
| $21.88 | $315.57M | -156.29 | 15.45% | 7.32% | 15.27% | — | |
| $94.02 | $5.72B | 25.27 | 3.71% | 7.12% | 9.5% | — | |
| $16.89 | $2.3B | -11.89 | -19.33% | -3506.95% | — | — | |
| $766.54 | $28.29B | 59.56 | 12.08% | 14.17% | 19.64% | — |
Compare MEC vs Peers
Mayville Engineering Company, Inc. (MEC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MEC SEC Filings & Documents
Mayville Engineering Company, Inc. (MEC) SEC filings — annual & quarterly reports (10-K, 10-Q)
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MEC Frequently Asked Questions
Mayville Engineering Company, Inc. (MEC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Mayville Engineering Company, Inc.'s revenue?
Mayville Engineering Company, Inc. (MEC) reported $555.7M in revenue for fiscal year 2025. This represents a 77% increase from $313.3M in 2017.
How fast is Mayville Engineering Company, Inc. growing?
Mayville Engineering Company, Inc. (MEC) saw revenue decline by 6.0% over the past year.
Is MEC profitable?
Mayville Engineering Company, Inc. (MEC) reported a net loss of $16.3M for fiscal year 2025.
Dividend & Returns
What is MEC's return on equity?
Mayville Engineering Company, Inc. (MEC) has a return on equity (ROE) of -3.3%. Negative ROE indicates the company is unprofitable.
What is Mayville Engineering Company, Inc.'s free cash flow?
Mayville Engineering Company, Inc. (MEC) generated $14.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.