Mayville Engineering Company, Inc. (MEC)
NYSE: MEC · IEX Real-Time Price · USD
16.65
-0.34 (-2.00%)
Jun 18, 2024, 4:00 PM EDT - Market closed

MEC Revenue

Mayville Engineering Company had revenue of $607.05M in the twelve months ending March 31, 2024, with 11.22% growth year-over-year. Revenue in the quarter ending March 31, 2024 was $161.27M with 13.06% year-over-year growth. In the year 2023, Mayville Engineering Company had annual revenue of $588.43M with 9.09% growth.

Revenue (ttm)
$607.05M
Revenue Growth
+11.22%
P/S Ratio
0.57
Revenue / Employee
$242,819
Employees
2,500
Market Cap
341.77M USD

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 2023588.43M49.03M9.09%
Dec 31, 2022539.39M84.57M18.59%
Dec 31, 2021454.83M97.22M27.19%
Dec 31, 2020357.61M-162.10M-31.19%
Dec 31, 2019519.70M165.18M46.59%
Dec 31, 2018354.53M41.20M13.15%
Dec 31, 2017313.33M--
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition