Skip to content
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

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

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
250.0M500.0M
2017202020232025
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 the five years to FY2025.

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%
201720212025
ROE
FY2025 · ROE -3.3%
5%10%-1%-2%-3%
201720212025
Three returns, three denominators.

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
30M60M-10M-20M
201720212025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 4.6
4M8M
201720182019202020212022202320242025

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—not applicable◌not available in our data
MEC, 9-year financial record
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 % — not applicable: no dividend—————————
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. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 34 reconciliationsAUDITED

Reconciled in 9 of the 9 fiscal years we could check. 22 checks were skipped: the balance sheet is not tagged before 2018. 10 checks were skipped: EPS is not tagged before 2017. 10 checks were skipped: revenue is not tagged before 2017.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityMetal Forgings & Stampings
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2017

Share this section

Download image