Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · Real-Time Price · USD
23.99
+0.59 (2.52%)
Aug 14, 2026, 2:55 PM EDT - Market open
MEC Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 586.34 | 546.49 | 581.6 | 588.43 | 539.39 | 454.83 | |
Revenue Growth | 11.77% | -6.04% | -1.16% | 9.09% | 18.59% | 27.19% |
Cost of Revenue | 522.7 | 483.61 | 504.25 | 512.68 | 478.32 | 398.17 |
Gross Profit | 63.64 | 62.87 | 77.36 | 75.75 | 61.07 | 56.66 |
Selling, General & Admin | 60.1 | 52.12 | 49.28 | 43.75 | 32.69 | 37.19 |
Amortization of Goodwill & Intangibles | 12.52 | 9.72 | 6.93 | 7.74 | 6.95 | 10.71 |
Operating Expenses | 72.62 | 61.84 | 56.22 | 51.5 | 39.64 | 47.9 |
Operating Income | -8.98 | 1.03 | 21.14 | 24.25 | 21.43 | 8.76 |
Interest Expense | -14.39 | -10.22 | -10.99 | -11.09 | -3.38 | -2 |
EBT Excluding Unusual Items | -23.37 | -9.18 | 10.15 | 13.16 | 18.05 | 6.76 |
Merger & Restructuring Charges | -4.96 | -4.88 | - | -1.41 | - | - |
Asset Writedown | - | - | - | - | 4.35 | -16.15 |
Legal Settlements | - | - | 23.41 | -2.65 | - | - |
Other Unusual Items | 1.01 | - | - | -0.22 | - | - |
Pretax Income | -27.32 | -14.06 | 33.56 | 8.88 | 22.39 | -9.39 |
Income Tax Expense | -10.02 | -5.95 | 7.6 | 1.04 | 3.67 | -1.94 |
Earnings From Continuing Operations | - | -8.11 | 25.97 | 7.84 | 18.73 | -7.45 |
Net Income | -17.3 | -8.11 | 25.97 | 7.84 | 18.73 | -7.45 |
Net Income to Common | -17.3 | -8.11 | 25.97 | 7.84 | 18.73 | -7.45 |
Net Income Growth | - | - | 231.06% | -58.11% | - | - |
Shares Outstanding (Basic) | 21 | 20 | 21 | 20 | 20 | 20 |
Shares Outstanding (Diluted) | 21 | 20 | 21 | 21 | 21 | 20 |
Shares Change | 0.69% | -2.39% | 1.32% | 0.08% | 1.36% | 2.54% |
EPS (Basic) | -0.82 | -0.40 | 1.26 | 0.38 | 0.92 | -0.37 |
EPS (Diluted) | -0.83 | -0.40 | 1.24 | 0.38 | 0.91 | -0.37 |
EPS Growth | - | - | 226.32% | -58.24% | - | - |
Free Cash Flow | -4.57 | 26.91 | 77.71 | 23.77 | -6.18 | -24.85 |
Free Cash Flow Per Share | -0.22 | 1.31 | 3.71 | 1.15 | -0.30 | -1.22 |
Gross Margin | 10.85% | 11.51% | 13.30% | 12.87% | 11.32% | 12.46% |
Operating Margin | -1.53% | 0.19% | 3.64% | 4.12% | 3.97% | 1.93% |
Profit Margin | -2.95% | -1.48% | 4.46% | 1.33% | 3.47% | -1.64% |
Free Cash Flow Margin | -0.78% | 4.92% | 13.36% | 4.04% | -1.15% | -5.46% |
EBITDA | 35.4 | 42.32 | 58.73 | 59.33 | 50.74 | 40.54 |
EBITDA Margin | 6.04% | 7.74% | 10.10% | 10.08% | 9.41% | 8.91% |
D&A For EBITDA | 44.38 | 41.29 | 37.59 | 35.08 | 29.31 | 31.78 |
EBIT | -8.98 | 1.03 | 21.14 | 24.25 | 21.43 | 8.76 |
EBIT Margin | -1.53% | 0.19% | 3.64% | 4.12% | 3.97% | 1.93% |
Effective Tax Rate | - | - | 22.63% | 11.70% | 16.38% | - |
Advertising Expenses | - | 0.09 | 0.11 | 0.14 | 0.17 | 0.16 |