Mayville Financial Statements From 2010 to 2024

MEC Stock  USD 13.76  0.23  1.64%   
Mayville Engineering financial statements provide useful quarterly and yearly information to potential Mayville Engineering Co investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Mayville Engineering financial statements helps investors assess Mayville Engineering's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Mayville Engineering's valuation are summarized below:
Gross Profit
66.9 M
Profit Margin
0.0133
Market Capitalization
284.9 M
Enterprise Value Revenue
0.7764
Revenue
588.4 M
We have found one hundred twenty available fundamental ratios for Mayville Engineering, which can be analyzed and compared to other ratios and to its peers in the industry. Investors should ensure to check all of Mayville Engineering's last-minute performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 304.3 M, whereas Enterprise Value is forecasted to decline to about 305.5 M.

Mayville Engineering Total Revenue

491.51 Million

Check Mayville Engineering financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mayville main balance sheet or income statement drivers, such as Tax Provision of 707.7 K, Interest Income of 3 M or Discontinued Operations of 0.0, as well as many exotic indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 2.01. Mayville financial statements analysis is a perfect complement when working with Mayville Engineering Valuation or Volatility modules.
  
This module can also supplement various Mayville Engineering Technical models . Check out the analysis of Mayville Engineering Correlation against competitors.

Mayville Engineering Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets417.3 M521.7 M304.9 M
Slightly volatile
Short and Long Term Debt Total116.5 M182.1 M92.5 M
Slightly volatile
Other Current Liabilities13.7 M19.4 M9.4 M
Slightly volatile
Total Current Liabilities75 M71.7 M56.4 M
Slightly volatile
Total Stockholder Equity195.4 M230 M139.3 M
Slightly volatile
Other Liabilities13.1 M13.8 M94.5 M
Slightly volatile
Property Plant And Equipment Net151.6 M208 M116.8 M
Slightly volatile
Current Deferred Revenue274.6 K289 K9.4 M
Very volatile
Net Debt115.8 M181.4 M92.1 M
Slightly volatile
Retained Earnings23.5 M34.1 M19.8 M
Slightly volatile
Accounts Payable44.2 M46.5 M30.8 M
Slightly volatile
Cash480.5 K672 K347.8 K
Pretty Stable
Non Current Assets Total297.1 M387 M215.9 M
Slightly volatile
Long Term Debt101.2 M147.5 M81.2 M
Slightly volatile
Cash And Short Term Investments480.5 K672 K347.8 K
Pretty Stable
Net Receivables52.1 M57.4 M37.9 M
Slightly volatile
Good Will76.8 M92.7 M56.4 M
Slightly volatile
Common Stock Total Equity142.4 M153.9 M131 M
Slightly volatile
Common Stock Shares Outstanding21.8 M20.7 M19.9 M
Slightly volatile
Long Term Debt Total67.2 M65 M73.9 M
Very volatile
Liabilities And Stockholders Equity417.3 M521.7 M304.9 M
Slightly volatile
Non Current Liabilities Total146.8 M220 M109.2 M
Slightly volatile
Inventory61.4 M73.2 M46.7 M
Slightly volatile
Other Current Assets5.6 M3.3 M3.4 M
Slightly volatile
Other Stockholder Equity173.5 M195.9 M121 M
Slightly volatile
Total Liabilities221.9 M291.7 M165.6 M
Slightly volatile
Net Invested Capital299.3 M377.5 M225.5 M
Slightly volatile
Property Plant And Equipment Gross473.1 M450.6 M154.4 M
Slightly volatile
Short and Long Term Debt9.1 M9.9 M8.4 M
Slightly volatile
Total Current Assets120.2 M134.6 M89 M
Slightly volatile
Non Current Liabilities Other2.3 M2.5 M6.4 M
Slightly volatile
Cash And Equivalents108.6 K114.3 K285.8 K
Very volatile
Net Working Capital45.2 M62.9 M32.6 M
Slightly volatile
Short Term Debt3.3 M5.5 M5.9 M
Slightly volatile
Intangible Assets61.1 M58.7 M38.8 M
Slightly volatile
Property Plant Equipment139.4 M209.1 M116.3 M
Slightly volatile
Capital Surpluse212.5 M231.1 M191.3 M
Slightly volatile

Mayville Engineering Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest IncomeMM3.9 M
Slightly volatile
Depreciation And Amortization31.1 M35.1 M25 M
Slightly volatile
Interest Expense11.6 M11.1 MM
Slightly volatile
Selling General Administrative37 M41.8 M28.2 M
Slightly volatile
Total Revenue491.5 M588.4 M387.5 M
Slightly volatile
Gross Profit55 M62 M43.2 M
Slightly volatile
Other Operating Expenses480.7 M566.8 M377.8 M
Slightly volatile
EBITDA42.6 M56.7 M35 M
Slightly volatile
Cost Of Revenue436.5 M526.5 M344.3 M
Slightly volatile
Total Operating Expenses44.2 M40.4 M33.5 M
Slightly volatile
Reconciled Depreciation31.5 M33.3 M25.2 M
Slightly volatile
Selling And Marketing Expenses1.5 M1.4 M295 K
Slightly volatile

Mayville Engineering Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow120.7 K127 K319.8 K
Very volatile
Other Cashflows From Financing Activities253.8 M133.9 M226.6 M
Slightly volatile
Depreciation31.8 M35.1 M25.3 M
Slightly volatile
Capital Expenditures27.9 M16.6 M18.9 M
Slightly volatile
Total Cash From Operating Activities38.5 M40.4 M33.2 M
Slightly volatile
End Period Cash Flow480.5 K672 K347.8 K
Pretty Stable
Change To Netincome8.1 M9.8 M4.6 M
Slightly volatile
Stock Based Compensation4.7 M4.5 M3.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.740.50030.8431
Slightly volatile
PTB Ratio2.011.28012.6159
Slightly volatile
Days Sales Outstanding31.4435.633134.7843
Slightly volatile
Book Value Per Share7.2211.26516.8969
Slightly volatile
Invested Capital0.740.66530.7431
Slightly volatile
Operating Cash Flow Per Share1.421.97711.6535
Pretty Stable
Stock Based Compensation To Revenue0.010.00760.0077
Slightly volatile
PB Ratio2.011.28012.6159
Slightly volatile
EV To Sales1.00.80861.0853
Slightly volatile
Inventory Turnover8.047.18837.6199
Pretty Stable
Days Of Inventory On Hand41.3750.776948.5216
Pretty Stable
Payables Turnover11.5111.315512.3187
Slightly volatile
Sales General And Administrative To Revenue0.08220.0710.0725
Pretty Stable
Cash Per Share0.03330.03290.0181
Pretty Stable
POCF Ratio10.197.29359.9162
Pretty Stable
Days Payables Outstanding29.9832.256731.4065
Slightly volatile
EV To Operating Cash Flow9.9511.787912.5261
Pretty Stable
Intangibles To Total Assets0.360.29010.3073
Slightly volatile
Net Debt To EBITDA2.933.20052.6068
Very volatile
Current Ratio1.31.87741.5637
Pretty Stable
Receivables Turnover10.6610.243310.7731
Slightly volatile
Graham Number7.629.86857.4374
Slightly volatile
Shareholders Equity Per Share7.2211.26516.8969
Slightly volatile
Debt To Equity0.740.66530.7431
Slightly volatile
Revenue Per Share18.228.822919.2532
Slightly volatile
Interest Debt Per Share4.328.03774.6969
Slightly volatile
Debt To Assets0.30.29330.3103
Slightly volatile
Enterprise Value Over EBITDA11.288.394111.7249
Slightly volatile
Short Term Coverage Ratios6.977.332114.668
Slightly volatile
Operating Cycle72.8186.410183.3059
Slightly volatile
Price Book Value Ratio2.011.28012.6159
Slightly volatile
Days Of Payables Outstanding29.9832.256731.4065
Slightly volatile
Price To Operating Cash Flows Ratio10.197.29359.9162
Pretty Stable
Company Equity Multiplier2.492.26832.2987
Pretty Stable
Long Term Debt To Capitalization0.390.39070.388
Slightly volatile
Total Debt To Capitalization0.40.39950.4057
Slightly volatile
Debt Equity Ratio0.740.66530.7431
Slightly volatile
Quick Ratio0.580.81050.6688
Slightly volatile
Net Income Per E B T0.650.8830.914
Slightly volatile
Cash Ratio0.00840.00940.005
Pretty Stable
Cash Conversion Cycle42.8254.153451.8987
Very volatile
Operating Cash Flow Sales Ratio0.08890.06860.0895
Slightly volatile
Days Of Inventory Outstanding41.3750.776948.5216
Pretty Stable
Days Of Sales Outstanding31.4435.633134.7843
Slightly volatile
Cash Flow Coverage Ratios0.440.26380.4039
Very volatile
Price To Book Ratio2.011.28012.6159
Slightly volatile
Fixed Asset Turnover3.642.82933.3963
Pretty Stable
Price Cash Flow Ratio10.197.29359.9162
Pretty Stable
Enterprise Value Multiple11.288.394111.7249
Slightly volatile
Debt Ratio0.30.29330.3103
Slightly volatile
Cash Flow To Debt Ratio0.440.26380.4039
Very volatile
Price Sales Ratio0.740.50030.8431
Slightly volatile
Asset Turnover1.321.1281.329
Slightly volatile
Gross Profit Margin0.120.10530.1121
Very volatile
Price Fair Value2.011.28012.6159
Slightly volatile

Mayville Engineering Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap304.3 M294.4 M300.7 M
Slightly volatile
Enterprise Value305.5 M475.8 M385.2 M
Pretty Stable

Mayville Fundamental Market Drivers

Forward Price Earnings22.0751
Cash And Short Term Investments672 K

Mayville Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Mayville Engineering Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Mayville Engineering income statement, its balance sheet, and the statement of cash flows. Mayville Engineering investors use historical funamental indicators, such as Mayville Engineering's revenue or net income, to determine how well the company is positioned to perform in the future. Although Mayville Engineering investors may use each financial statement separately, they are all related. The changes in Mayville Engineering's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mayville Engineering's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Mayville Engineering Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mayville Engineering. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue289 K274.6 K
Total Revenue588.4 M491.5 M
Cost Of Revenue526.5 M436.5 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.07  0.08 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.03)(0.03)
Revenue Per Share 28.82  18.20 
Ebit Per Revenue 0.04  0.02 

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When determining whether Mayville Engineering offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mayville Engineering's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mayville Engineering Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mayville Engineering Co Stock:
Check out the analysis of Mayville Engineering Correlation against competitors.
Note that the Mayville Engineering information on this page should be used as a complementary analysis to other Mayville Engineering's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Mayville Engineering's price analysis, check to measure Mayville Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mayville Engineering is operating at the current time. Most of Mayville Engineering's value examination focuses on studying past and present price action to predict the probability of Mayville Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayville Engineering's price. Additionally, you may evaluate how the addition of Mayville Engineering to your portfolios can decrease your overall portfolio volatility.
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Is Mayville Engineering's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mayville Engineering. If investors know Mayville will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mayville Engineering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Earnings Share
0.38
Revenue Per Share
28.823
Quarterly Revenue Growth
0.156
Return On Assets
0.0269
The market value of Mayville Engineering is measured differently than its book value, which is the value of Mayville that is recorded on the company's balance sheet. Investors also form their own opinion of Mayville Engineering's value that differs from its market value or its book value, called intrinsic value, which is Mayville Engineering's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mayville Engineering's market value can be influenced by many factors that don't directly affect Mayville Engineering's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mayville Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mayville Engineering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mayville Engineering's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.