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Mayville Engineering Company Inc $MEC

Industrials

Russell 2000 Wisconsin
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$12.94
-1.51 (-10.45%)
As of Oct 22, 2026, 9:29 PM EDT
Price history
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Mayville Engineering Company Inc (MEC) is trading down at $12.94 (-10.45%), as of the latest quote. It is a Russell 2000 constituent in the Industrials sector.

IPO: May 9, 2019 · $17.00 offering · NYSE · View IPO details →

Mayville Engineering Company Inc revenue & net income history (FY2017–FY2025)

RevenueNet incomeNet margin (right axis, %)
$588.4M$290.2M−$8.11MFY2017 revenue: $313.3MFY2017 net income: $5.25M · Net margin 1.7%'17FY2018 revenue: $354.5MFY2018 net income: $17.9M · Net margin 5.1%'18FY2019 revenue: $519.7MFY2019 net income: −$4.75M · Net margin −0.9%'19FY2020 revenue: $357.6MFY2020 net income: −$7.09M · Net margin −2.0%'20FY2021 revenue: $454.8MFY2021 net income: −$7.45M · Net margin −1.6%'21FY2022 revenue: $539.4MFY2022 net income: $18.7M · Net margin 3.5%'22FY2023 revenue: $588.4MFY2023 net income: $7.84M · Net margin 1.3%'23FY2024 revenue: $581.6MFY2024 net income: $26.0M · Net margin 4.5%'24FY2025 revenue: $546.5MFY2025 net income: −$8.11M · Net margin −1.5%'250%5%10%15%20%FY2017 net margin: 1.7%FY2018 net margin: 5.1%FY2019 net margin: −0.9% (off the scale, which stops at −0.3%)FY2020 net margin: −2.0% (off the scale, which stops at −0.3%)FY2021 net margin: −1.6% (off the scale, which stops at −0.3%)FY2022 net margin: 3.5%FY2023 net margin: 1.3%FY2024 net margin: 4.5%FY2025 net margin: −1.5% (off the scale, which stops at −0.3%)
Mayville Engineering Company Inc annual financial statements
FY2017Dec 2017FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue$313.3M$354.5M$519.7M$357.6M$454.8M$539.4M$588.4M$581.6M$546.5M
Growth (year over year)—+13.1%+46.6%−31.2%+27.2%+18.6%+9.1%−1.2%−6.0%
Gross profit$34.7M$50.6M$58.7M$31.5M$51.4M$61.1M$69.7M$71.1M$54.0M
Gross margin11.1%14.3%11.3%8.8%11.3%11.3%11.8%12.2%9.9%
Operating income$9.43M$22.2M−$1.96M−$6.50M−$7.39M$25.8M$20.2M$44.6M−$3.84M
Operating margin3.0%6.3%−0.4%−1.8%−1.6%4.8%3.4%7.7%−0.7%
Net income$5.25M$17.9M−$4.75M−$7.09M−$7.45M$18.7M$7.84M$26.0M−$8.11M
Net margin1.7%5.1%−0.9%−2.0%−1.6%3.5%1.3%4.5%−1.5%
EPS (diluted)$0.37$1.29−$0.27−$0.36−$0.36$0.91$0.38$1.24−$0.40
Balance sheet
Cash and equivalents$76.0K$3.09M$1.00K$121.0K$118.0K$127.0K$672.0K$206.0K$1.50M
Total assets—$391.7M$363.6M$338.5M$379.5M$440.6M$496.7M$445.6M$563.6M
Total liabilities—$288.7M$162.7M$137.7M$181.2M$222.7M$266.7M$193.8M$322.9M
Shareholders' equity—$103.0M$200.9M$200.9M$198.3M$217.9M$230.0M$251.8M$240.7M
Cash flow
Operating cash flow$30.8M$36.7M$33.4M$36.5M$14.5M$52.4M$40.4M$89.8M$38.6M
Capital expenditure$11.3M$17.9M$25.8M$7.79M$39.3M$58.6M$16.6M$12.1M$11.6M
Free cash flow$19.5M$18.8M$7.61M$28.7M−$24.9M−$6.18M$23.8M$77.7M$26.9M
Share buybacks$8.71M$7.83M$2.59M$2.51M$2.15M$4.95M$2.66M$5.90M$4.61M

From Mayville Engineering Company Inc's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Mayville Engineering Company Inc

Headquarters
Mayville, Wisconsin From SEC filings, Oct 2026

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