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MARKETS / NYSE / MEC
NYSE · METAL FORGINGS & STAMPINGS · MID CAP

Mayville Engineering Company, Inc. MEC

9 fiscal years on record · USD · FY2025 reported · SEC filings only
$546.5M
▼ 6.0% YoY
$-8.1M
▼ 131.2% YoY
$26.9M
▼ 65.4% YoY
In brief

What this company does

Mayville Engineering Company, Inc. is a U.S.-based, vertically integrated manufacturing partner that provides design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly and aftermarket components. It has approximately 2,400 employees. It serves its customers through 27 strategically located U.S. facilities, of which 25 are in operation, across nine states, with approximately three and a half million square feet of manufacturing capacity. In 2025, its top customer and top ten customers accounted for 13.6% and 62.3% of net sales, respectively. Net sales attributed to its top 20 customers totaled $421 million of 2025 net sales, and no single end market accounted for more than 32% of net sales. It was founded as a corporation in 1945 and is headquartered in Milwaukee, Wisconsin.

Written from the business description in Mayville Engineering Company, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 4 March 2026. Every sentence was checked against that document before publication.

Growth
USD 546.5M
Revenue, FY2025 · full 9-year series below
Revenue $M Net income $M
FY2025 · Revenue 546.5 · Net income -8.1
200M400M201720182019202020212022202320242025
Compound annual growth
+0.4%
+8.9%
−2.3%
+12.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +8.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−1 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -0.7% · Net -1.5%
2.0%4.0%6.0%-0.5%-1.0%-1.5%201720182019202020212022202320242025
ROE
FY2025 · ROE -3.3%
5%10%-1%-2%-3%201720182019202020212022202320242025

Each USD of equity lost 3 cents this year.

Cash & shareholders
USD 4.6M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 26.9
40M-10M-20M201720182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 4.6
4M8M201720182019202020212022202320242025

USD 4.6M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 563.6M
EquityUSD 240.7M
CashUSD 1.5M
Current ratio1.72×

Equity funds 43% of total assets.

The 9-year record
9 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212020201920182017
Revenue $B0.50.60.60.50.50.40.50.40.3
Operating income $B−0.00.00.00.0−0.0−0.0−0.00.00.0
EBITDA $B0.00.10.00.00.00.00.00.00.0
Income tax $B−0.00.00.00.0−0.0−0.0−0.0−0.00.0
Net income $B−0.00.00.00.0−0.0−0.0−0.00.00.0
Free cash flow $B0.00.10.0−0.0−0.00.00.00.00.0
EPS, diluted $−0.401.240.380.91−0.36−0.36−0.271.290.37
Dividend / sh $·········
Payout %·········
ROE %−3.310.83.59.0−3.7−3.5−2.4··
Shares out B0.020.020.020.020.020.02···

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 34 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 52 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityMetal Forgings & Stampings
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2017

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