Mayville Engineering Company, Inc.
MECAnalytical Summary
Mayville Engineering Company, Inc. shows mixed fundamentals. Consider comparing against peers in the Industrials sector before making investment decisions.
9-Year Financial Trajectory
AnnualHealth Breakdown
Statement lens
Choose the reporting cadence, isolate a period range, or search directly for a metric.
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ | FY 2018 Dec 31, 2018 10-K ↗ | FY 2017 Dec 31, 2017 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|
| Revenue Growth YoY (%) |
-6.0%
Weak
↓
Weak
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Below avg (-221%)
|
-1.2%
Weak
↓
Weak
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Below avg (-123%)
|
9.1%
Fair
↑
Fair
Improving
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+82%)
|
18.6%
Good
↑
Good
Improving
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+272%)
|
27.2%
Excellent
↑
Excellent
Improving
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+444%)
|
-31.2%
Weak
↓
Weak
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Below avg (-724%)
|
46.6%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+832%)
|
13.1%
Good
Good
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+163%)
|
— |
| EPS Growth YoY (%) | N/M |
231.6%
Excellent
↑
Excellent
Improving
Year-over-year change in earnings per share
Optimal:
> 10%
|
-58.7%
Weak
Weak
Year-over-year change in earnings per share
Optimal:
> 10%
|
N/M |
-2.8%
Weak
Weak
Year-over-year change in earnings per share
Optimal:
> 10%
|
— | — | — | — |
| Net Income Growth YoY (%) | N/M |
231.1%
Excellent
↑
Excellent
Improving
Year-over-year change in net income |
-58.1%
Weak
↓
Weak
Declining
Year-over-year change in net income |
N/M |
-5.1%
Weak
↓
Weak
Declining
Year-over-year change in net income |
-49.2%
Weak
Weak
Year-over-year change in net income |
N/M |
241.9%
Excellent
Excellent
Year-over-year change in net income |
— |
| FCF Growth YoY (%) |
-65.1%
Weak
↓
Weak
Declining
Year-over-year change in free cash flow |
223.9%
Excellent
Excellent
Year-over-year change in free cash flow |
N/M |
75.1%
Excellent
Excellent
Year-over-year change in free cash flow |
N/M | — | — | — | — |
| Revenue CAGR 3Y (%) |
0.4%
Weak
↓
Weak
Declining
Compound annual revenue growth over 3 years |
8.5%
Fair
↓
Fair
Declining
Compound annual revenue growth over 3 years |
18.1%
Excellent
↑
Excellent
Improving
Compound annual revenue growth over 3 years |
1.2%
Weak
↓
Weak
Declining
Compound annual revenue growth over 3 years |
8.7%
Fair
Fair
Compound annual revenue growth over 3 years |
4.5%
Caution
Caution
Compound annual revenue growth over 3 years |
— | — | — |
| Revenue CAGR 5Y (%) |
8.9%
Good
↑
Good
Improving
Compound annual revenue growth over 5 years |
2.3%
Caution
↓
Caution
Declining
Compound annual revenue growth over 5 years |
10.7%
Good
Good
Compound annual revenue growth over 5 years |
11.5%
Good
Good
Compound annual revenue growth over 5 years |
— | — | — | — | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ | FY 2018 Dec 31, 2018 10-K ↗ | FY 2017 Dec 31, 2017 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|
| Operating Margin (%) (%) |
-0.7%
Weak
↓
Weak
Declining
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-106%)
|
7.7%
Caution
↑
Caution
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-36%)
|
3.4%
Weak
↑
Weak
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-71%)
|
4.8%
Weak
↑
Weak
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-60%)
|
-1.6%
Weak
↓
Weak
Declining
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-114%)
|
-1.8%
Weak
↓
Weak
Declining
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-115%)
|
-0.4%
Weak
↓
Weak
Declining
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-103%)
|
6.3%
Caution
Caution
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-48%)
|
3.0%
Weak
Weak
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-75%)
|
| Effective Tax Rate (%) (%) |
42.3%
Weak
↑
Weak
Improving
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
22.6%
Fair
↑
Fair
Improving
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
11.7%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
16.4%
Good
↓
Good
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
20.7%
Good
↓
Good
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
22.6%
Fair
↑
Fair
Improving
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
46.2%
Weak
↑
Weak
Improving
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-2.6%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
0.0%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
| Profit Margin (%) (%) |
-1.5%
Weak
↓
Weak
Declining
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-119%)
|
4.5%
Weak
↑
Weak
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-44%)
|
1.3%
Weak
↑
Weak
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-83%)
|
3.5%
Weak
↑
Weak
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-57%)
|
-1.6%
Weak
↓
Weak
Declining
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-120%)
|
-2.0%
Weak
↓
Weak
Declining
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-125%)
|
-0.9%
Weak
↓
Weak
Declining
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-111%)
|
5.1%
Caution
Caution
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-37%)
|
1.7%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-79%)
|
| FCF Margin (%) (%) |
4.9%
Weak
↓
Weak
Declining
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
13.4%
Fair
↑
Fair
Improving
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
4.0%
Weak
↑
Weak
Improving
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
-1.1%
Weak
↓
Weak
Declining
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
-5.5%
Weak
↓
Weak
Declining
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
8.0%
Caution
↑
Caution
Improving
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
1.5%
Weak
↓
Weak
Declining
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
5.3%
Caution
Caution
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
6.2%
Caution
Caution
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
| FCF / Net Income (x) |
-3.32x
Weak
↓
Weak
Declining
Free cash flow relative to reported net income
Optimal:
> 1x
|
2.99x
Excellent
↑
Excellent
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
3.03x
Excellent
↑
Excellent
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
-0.33x
Weak
↑
Weak
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
3.34x
Excellent
↑
Excellent
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
-4.05x
Weak
↓
Weak
Declining
Free cash flow relative to reported net income
Optimal:
> 1x
|
-1.60x
Weak
↓
Weak
Declining
Free cash flow relative to reported net income
Optimal:
> 1x
|
1.05x
Fair
Fair
Free cash flow relative to reported net income
Optimal:
> 1x
|
3.73x
Excellent
Excellent
Free cash flow relative to reported net income
Optimal:
> 1x
|
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ | FY 2018 Dec 31, 2018 10-K ↗ | FY 2017 Dec 31, 2017 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|
| Return on Invested Capital (%) |
-0.9%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
13.7%
Good
↑
Good
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
7.8%
Fair
↑
Fair
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
9.9%
Fair
↑
Fair
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-3.0%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-2.5%
Weak
Weak
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-0.5%
Weak
Weak
Return earned on debt + equity capital invested
Optimal:
> 10%
|
— | — |
| Return on Capital (%) (%) |
-0.7%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
10.0%
Fair
↑
Fair
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
4.1%
Caution
↑
Caution
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
5.9%
Caution
↑
Caution
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
-1.9%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
-1.9%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
-0.5%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
5.7%
Caution
Caution
Operating profit relative to total assets
Optimal:
> 10%
|
— |
| Return on Common Equity (%) (%) |
-3.4%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-122%)
|
10.3%
Fair
↑
Fair
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-31%)
|
3.4%
Weak
↑
Weak
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-77%)
|
8.6%
Caution
↑
Caution
Improving
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-43%)
|
-3.8%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-125%)
|
-3.5%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-124%)
|
-2.4%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-116%)
|
— | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ | FY 2018 Dec 31, 2018 10-K ↗ | FY 2017 Dec 31, 2017 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|
| Interest Coverage (x) |
-0.40x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
4.34x
Fair
↑
Fair
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
1.82x
Caution
↑
Caution
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
7.63x
Good
↑
Good
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
-3.69x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
-2.44x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
-0.29x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
5.72x
Good
Good
Operating income divided by interest expense
Optimal:
> 5x
|
2.26x
Caution
Caution
Operating income divided by interest expense
Optimal:
> 5x
|
| Net Debt (USD) | $-1.50M | $-206.00K | $-672.00K | $-127.00K | $-118.00K | $-121.00K | $-1.00K | $-3.09M | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ | FY 2018 Dec 31, 2018 10-K ↗ | FY 2017 Dec 31, 2017 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|
| Working Capital (USD) | $53.65M | $48.35M | $62.91M | $38.85M | $55.19M | $36.51M | $42.29M | $29.60M | — |
| Total Equity (USD) | $240.74M | $251.75M | $229.98M | $217.87M | $198.27M | $200.86M | $200.90M | — | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ | FY 2018 Dec 31, 2018 10-K ↗ | FY 2017 Dec 31, 2017 10-K ↗ |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue/Turnover (USD) | $546.49M | $581.60M | $588.42M | $539.39M | $454.83M | $357.61M | $519.70M | $354.53M | $313.33M |
| Depreciation Expense (USD) | $31.57M | $30.66M | $27.34M | $22.36M | $21.08M | $21.38M | $22.30M | $16.37M | $16.98M |
| Net Income, GAAP (USD) | $-8.11M | $25.97M | $7.84M | $18.73M | $-7.45M | $-7.09M | $-4.75M | $17.93M | $5.25M |
| Operating Cash Flow (USD) | $38.56M | $89.81M | $40.36M | $52.43M | $14.46M | $36.52M | $33.40M | $36.72M | $30.80M |
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Synced 1 week ago 9 years · 33 quarters