Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · Real-Time Price · USD
16.50
-0.43 (-2.54%)
Dec 5, 2025, 4:00 PM EST - Market closed
MEC Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Revenue | 533.52 | 581.6 | 588.43 | 539.39 | 454.83 | 357.61 | Upgrade
|
| Revenue Growth (YoY) | -12.38% | -1.16% | 9.09% | 18.59% | 27.19% | -31.19% | Upgrade
|
| Cost of Revenue | 469.57 | 504.25 | 510.93 | 478.32 | 398.17 | 318.34 | Upgrade
|
| Gross Profit | 63.95 | 77.36 | 77.49 | 61.07 | 56.66 | 39.27 | Upgrade
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| Selling, General & Admin | 48.73 | 49.28 | 43.75 | 32.69 | 37.19 | 31.76 | Upgrade
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| Amortization of Goodwill & Intangibles | 8.32 | 6.93 | 7.74 | 6.95 | 10.71 | 10.71 | Upgrade
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| Operating Expenses | 57.05 | 56.22 | 51.5 | 39.64 | 47.9 | 42.47 | Upgrade
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| Operating Income | 6.9 | 21.14 | 26 | 21.43 | 8.76 | -3.2 | Upgrade
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| Interest Expense | -8.41 | -10.99 | -11.09 | -3.38 | -2 | -2.67 | Upgrade
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| EBT Excluding Unusual Items | -1.51 | 10.15 | 14.91 | 18.05 | 6.76 | -5.87 | Upgrade
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| Merger & Restructuring Charges | -4.42 | - | -3.16 | - | - | -2.52 | Upgrade
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| Asset Writedown | - | - | - | 4.35 | -16.15 | -0.78 | Upgrade
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| Legal Settlements | 23.41 | 23.41 | -2.65 | - | - | - | Upgrade
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| Other Unusual Items | -1.15 | - | -0.22 | - | - | - | Upgrade
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| Pretax Income | 16.34 | 33.56 | 8.88 | 22.39 | -9.39 | -9.17 | Upgrade
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| Income Tax Expense | 4.12 | 7.6 | 1.04 | 3.67 | -1.94 | -2.07 | Upgrade
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| Earnings From Continuing Operations | - | 25.97 | 7.84 | 18.73 | -7.45 | -7.09 | Upgrade
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| Net Income | 12.22 | 25.97 | 7.84 | 18.73 | -7.45 | -7.09 | Upgrade
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| Net Income to Common | 12.22 | 25.97 | 7.84 | 18.73 | -7.45 | -7.09 | Upgrade
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| Net Income Growth | -0.04% | 231.06% | -58.11% | - | - | - | Upgrade
|
| Shares Outstanding (Basic) | 21 | 21 | 20 | 20 | 20 | 20 | Upgrade
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| Shares Outstanding (Diluted) | 21 | 21 | 21 | 21 | 20 | 20 | Upgrade
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| Shares Change (YoY) | -0.15% | 1.32% | 0.08% | 1.36% | 2.54% | 14.05% | Upgrade
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| EPS (Basic) | 0.60 | 1.26 | 0.38 | 0.92 | -0.37 | -0.36 | Upgrade
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| EPS (Diluted) | 0.59 | 1.24 | 0.38 | 0.91 | -0.37 | -0.36 | Upgrade
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| EPS Growth | -0.46% | 226.32% | -58.24% | - | - | - | Upgrade
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| Free Cash Flow | 52.37 | 77.71 | 23.77 | -6.18 | -24.85 | 28.73 | Upgrade
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| Free Cash Flow Per Share | 2.51 | 3.71 | 1.15 | -0.30 | -1.22 | 1.44 | Upgrade
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| Gross Margin | 11.99% | 13.30% | 13.17% | 11.32% | 12.46% | 10.98% | Upgrade
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| Operating Margin | 1.29% | 3.64% | 4.42% | 3.97% | 1.93% | -0.90% | Upgrade
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| Profit Margin | 2.29% | 4.46% | 1.33% | 3.47% | -1.64% | -1.98% | Upgrade
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| Free Cash Flow Margin | 9.81% | 13.36% | 4.04% | -1.15% | -5.46% | 8.03% | Upgrade
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| EBITDA | 46.58 | 58.73 | 61.08 | 50.74 | 40.54 | 28.89 | Upgrade
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| EBITDA Margin | 8.73% | 10.10% | 10.38% | 9.41% | 8.91% | 8.08% | Upgrade
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| D&A For EBITDA | 39.68 | 37.59 | 35.08 | 29.31 | 31.78 | 32.09 | Upgrade
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| EBIT | 6.9 | 21.14 | 26 | 21.43 | 8.76 | -3.2 | Upgrade
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| EBIT Margin | 1.29% | 3.64% | 4.42% | 3.97% | 1.93% | -0.89% | Upgrade
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| Effective Tax Rate | 25.23% | 22.63% | 11.70% | 16.38% | - | - | Upgrade
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| Advertising Expenses | - | 0.11 | 0.14 | 0.17 | 0.16 | 0.1 | Upgrade
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Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.