Mayville Engineering Company, Inc. (MEC)

MEC Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	17.87	25.97	7.84	18.73	-7.45	-7.09
Depreciation & Amortization	38.03	37.59	35.08	29.31	31.78	32.09
Loss (Gain) From Sale of Assets	-0.17	-0.17	-0.53	-4.51	-1.31	0.67
Asset Writedown & Restructuring Costs	-	-	-	-	16.15	-
Stock-Based Compensation	5.94	6.05	-12.6	-0.16	4.45	5.41
Provision & Write-off of Bad Debts	-0.4	-0.44	0.14	-0.09	-0.67	0.77
Other Operating Activities	5.36	5.44	4.5	4.66	0.09	0.44
Change in Accounts Receivable	16.93	8.1	7.79	-2.5	-12.67	-2.66
Change in Inventory	9.41	13.94	16	-5.62	-28.72	2.71
Change in Accounts Payable	-7	-7.99	-9.44	9.36	11.84	0.52
Change in Other Net Operating Assets	-8.14	-2.9	-9.11	-1.47	4.29	8.53
Operating Cash Flow	79.21	89.81	40.36	52.43	14.46	36.52
Operating Cash Flow Growth	-1.14%	122.50%	-23.01%	262.63%	-60.42%	9.34%
Capital Expenditures	-10.63	-12.1	-16.6	-58.61	-39.31	-7.79
Sale of Property, Plant & Equipment	0.29	0.39	1.06	7.94	5.35	2.02
Cash Acquisitions	-	-	-88.59	-	-	-
Investing Cash Flow	-10.35	-11.71	-104.13	-50.67	-33.96	-5.77
Long-Term Debt Issued	-	810.56	588.04	437.94	385.23	267.17
Long-Term Debt Repaid	-	-879.74	-519.86	-434.74	-363.69	-295.08
Net Debt Issued (Repaid)	-54.27	-69.18	68.18	3.2	21.54	-27.91
Issuance of Common Stock	-	0.35	-	-	0.14	-
Repurchase of Common Stock	-13.91	-9.73	-2.66	-4.95	-2.15	-2.51
Other Financing Activities	-0.79	-	-1.21	-	-0.03	-0.21
Financing Cash Flow	-68.98	-78.56	64.31	-1.75	19.5	-30.63
Net Cash Flow	-0.11	-0.47	0.55	0.01	-0	0.12
Free Cash Flow	68.58	77.71	23.77	-6.18	-24.85	28.73
Free Cash Flow Growth	8.90%	226.99%	-	-	-	277.76%
Free Cash Flow Margin	13.07%	13.36%	4.04%	-1.15%	-5.46%	8.03%
Free Cash Flow Per Share	3.29	3.71	1.15	-0.30	-1.22	1.44
Cash Interest Paid	7.9	10.27	10.67	3.67	2.12	3.01
Cash Income Tax Paid	2.88	1.37	0.51	0.7	1.55	0.74
Levered Free Cash Flow	47.9	51.82	8.95	-6.21	-15.59	31.96
Unlevered Free Cash Flow	52.67	58.69	15.88	-4.1	-14.34	33.62
Change in Working Capital	12.59	15.37	5.93	4.49	-28.59	4.24

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q