Mayville Engineering Company, Inc.
MEC NYSE· Metal Forgings & Stampings
Last close · Oct 23, 2026
$12.71
KIRA · Stoqly’s AI analyst, in plain words
- Mayville Engineering Company, Inc. had $546M of revenue in fiscal 2025, down 6.0% on the year before. Over five years, revenue changed +8.9% a year on average.
- Its operating margin was −0.7%, down 8.4 pts: of every 100 in sales, about −1 is left after running the business.
- Mayville Engineering Company, Inc. lost $8.1M in fiscal 2025.
- Free cash flow was $26.9M in fiscal 2025, 4.9% of revenue.
- Mayville Engineering Company, Inc. returned $4.6M to shareholders in fiscal 2025, 17% of free cash flow. The diluted share count fell 2.4%.
Market cap
$289M
P/E
—
Revenue
$546M
Net income
−$8.1M
Free cash flow
$26.9M
Operating margin
−0.7%
Mayville Engineering Company, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−6.0%
No. Sales fell 6.0% last year.
Does it make a profit?
−1.5%
No. It lost money last year.
Does profit turn into cash?
4.9%
Partly. 4.9% of sales ends up as free cash.
How healthy are the accounts?
3 / 8
Weak. It passes 3 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Mayville Engineering Company, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 4, 2026
- Legal name
- Mayville Engineering Company, Inc.
- CIK
- 0001766368
Mayville Engineering Company, Inc. · MEC
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $455M | $539M | $588M | $582M | $546M |
| Revenue growth | 27.2% | 18.6% | 9.1% | −1.2% | −6.0% |
| Gross margin | 11.3% | 11.3% | 11.8% | 12.2% | 9.9% |
| Operating margin | −1.6% | 4.8% | 3.4% | 7.7% | −0.7% |
| Net income | −$7.5M | $18.7M | $7.8M | $26.0M | −$8.1M |
| Net margin | −1.6% | 3.5% | 1.3% | 4.5% | −1.5% |
| Diluted EPS | −$0.36 | $0.91 | $0.38 | $1.24 | −$0.40 |
| Cash | |||||
| Cash from operations | $14.5M | $52.4M | $40.4M | $89.8M | $38.6M |
| Capital expenditure | $39.3M | $58.6M | $16.6M | $12.1M | $11.6M |
| Free cash flow | −$24.9M | −$6.2M | $23.8M | $77.7M | $26.9M |
| FCF margin | −5.5% | −1.1% | 4.0% | 13.4% | 4.9% |
| Share buybacks | $2.2M | $4.9M | $2.7M | $5.9M | $4.6M |
| Share count change | 4.7% | −0.7% | 0.1% | 1.3% | −2.4% |
| Debt and strength | |||||
| Cash and short-term investments | $0.1M | $0.1M | $0.7M | $0.2M | $1.5M |
| Shareholders' equity | $198M | $218M | $230M | $252M | $241M |
| Current ratio | 1.7x | 1.4x | 1.9x | 1.7x | 1.7x |
| Interest coverage | −3.7x | 7.6x | 1.8x | 4.1x | −0.4x |
| Returns and quality | |||||
| Return on equity | −3.7% | 9.0% | 3.5% | 10.8% | −3.3% |
| Return on tangible equity | −9.8% | 18.3% | 10.0% | 24.2% | — |
| Piotroski F-score | 6 | 7 | 5 | 6 | 3 |
| Altman Z'' | 2.0 | 2.2 | 2.2 | 3.2 | 1.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$3.3M
5 insiders
Of sales under plans
52%
$1.7M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Mayville Engineering Company, Inc. · MEC
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $12.71 a share, the company is worth $289M.
Source: SEC EDGAR XBRL filings (CIK 0001766368). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.