Mayville Financial Statements From 2010 to 2025

MEC Stock  USD 16.57  0.08  0.48%   
Mayville Engineering's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Mayville Engineering's valuation are provided below:
Gross Profit
64 M
Profit Margin
0.0229
Market Capitalization
338.3 M
Enterprise Value Revenue
1.1003
Revenue
533.5 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 2025 to make sure the company is sustainable down the road. As of November 12, 2025, Market Cap is expected to decline to about 304.3 M. In addition to that, Enterprise Value is expected to decline to about 305.5 M

Mayville Engineering Total Revenue

510.04 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 Engineering's main balance sheet or income statement drivers, such as Tax Provision of 8 M, Interest Income of 6.2 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0 or PTB Ratio of 1.94. Mayville financial statements analysis is a perfect complement when working with Mayville Engineering Valuation or Volatility modules.
  
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Check out the analysis of Mayville Engineering Correlation against competitors.

Mayville Engineering Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets422.2 M445.6 M312.1 M
Slightly volatile
Short and Long Term Debt Total116.8 M110.1 M93.4 M
Slightly volatile
Other Current Liabilities23.4 M20.6 M16.1 M
Slightly volatile
Total Current Liabilities74.5 M64.6 M56.9 M
Slightly volatile
Total Stockholder Equity205.6 M251.8 M147 M
Slightly volatile
Other Liabilities13.1 M13.8 M89.5 M
Slightly volatile
Property Plant And Equipment Net158.1 M185.1 M121.5 M
Slightly volatile
Net Debt116.1 M109.8 M93.1 M
Slightly volatile
Retained Earnings63.1 M60.1 M24.8 M
Slightly volatile
Accounts Payable44.1 M39.1 M31.3 M
Slightly volatile
Cash195.7 K206 K321.1 K
Pretty Stable
Non Current Assets Total301.4 M332.6 M221.5 M
Slightly volatile
Non Currrent Assets Other2.9 M3.1 M1.6 M
Slightly volatile
Long Term Debt72.4 M79.7 M79.3 M
Pretty Stable
Cash And Short Term Investments195.7 K206 K321.1 K
Pretty Stable
Net Receivables52.5 M49.8 M38.7 M
Slightly volatile
Good Will79.9 M106.5 M59.8 M
Slightly volatile
Common Stock Total Equity142.4 M153.9 M131.2 M
Slightly volatile
Common Stock Shares Outstanding22 M21 M20 M
Slightly volatile
Long Term Debt Total73.5 M81.4 M80.1 M
Pretty Stable
Liabilities And Stockholders Equity422.2 M445.6 M312.1 M
Slightly volatile
Non Current Liabilities Total142 M129.2 M108.2 M
Slightly volatile
Inventory60.5 M54.8 M46.8 M
Slightly volatile
Other Current Assets7.1 M8.2 M4.7 M
Slightly volatile
Total Liabilities216.6 M193.8 M165.1 M
Slightly volatile
Net Invested Capital307.4 M331.5 M232.7 M
Slightly volatile
Property Plant And Equipment Gross228.7 M456 M158 M
Slightly volatile
Short and Long Term Debt9.1 M9.9 M8.4 M
Slightly volatile
Total Current Assets120.7 M112.9 M90.5 M
Slightly volatile
Non Current Liabilities Other2.4 M2.5 M6.2 M
Slightly volatile
Cash And Equivalents195.7 K206 K321.1 K
Pretty Stable
Net Working Capital46.2 M48.4 M33.6 M
Slightly volatile
Short Term Debt3.3 M4.9 M5.8 M
Slightly volatile
Intangible Assets60.5 M51.7 M39.5 M
Slightly volatile
Property Plant Equipment158.6 M185.1 M121.7 M
Slightly volatile
Capital Surpluse217.3 M207.1 M191 M
Slightly volatile

Mayville Engineering Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income6.2 M11 MM
Slightly volatile
Depreciation And Amortization33 M37.6 M26.1 M
Slightly volatile
Interest Expense6.2 M11 MM
Slightly volatile
Selling General Administrative38.6 M45.1 M29.4 M
Slightly volatile
Selling And Marketing Expenses7.1 M6.8 M1.4 M
Slightly volatile
Total Revenue510 M581.6 M400.8 M
Slightly volatile
Gross Profit59 M71.1 M45.7 M
Slightly volatile
Other Operating Expenses495.4 M537.1 M389.1 M
Slightly volatile
EBITDA47.6 M82.1 M37.8 M
Slightly volatile
Cost Of Revenue451.1 M510.5 M355.1 M
Slightly volatile
Total Operating Expenses44.3 M26.5 M34 M
Slightly volatile
Reconciled Depreciation32.8 M37.6 M26 M
Slightly volatile

Mayville Engineering Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation3.7 M5.2 M4.8 M
Slightly volatile
Begin Period Cash Flow434.7 K672 K361.4 K
Pretty Stable
Depreciation33 M37.6 M26.1 M
Slightly volatile
Capital Expenditures11.5 M12.1 M17.5 M
Slightly volatile
Total Cash From Operating Activities46 M89.8 M37.3 M
Slightly volatile
End Period Cash Flow195.7 K206 K321.1 K
Pretty Stable
Other Cashflows From Investing Activities366.7 K386 K1.1 M
Slightly volatile
Change To Netincome8.1 M9.8 M4.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.720.55710.8239
Slightly volatile
PTB Ratio1.941.2872.5285
Slightly volatile
Days Sales Outstanding42.1231.241935.2304
Slightly volatile
Book Value Per Share7.5412.21457.2492
Slightly volatile
Operating Cash Flow Per Share4.584.35722.02
Slightly volatile
Stock Based Compensation To Revenue0.01190.00890.0133
Slightly volatile
Capex To Depreciation0.310.32190.6615
Pretty Stable
PB Ratio1.941.2872.5285
Slightly volatile
EV To Sales0.980.75041.0631
Slightly volatile
Inventory Turnover6.19.32337.6342
Pretty Stable
Days Of Inventory On Hand54.7339.149248.5782
Pretty Stable
Payables Turnover11.8413.050112.3746
Slightly volatile
Sales General And Administrative To Revenue0.08260.07760.0728
Slightly volatile
Capex To Revenue0.04020.02080.0434
Pretty Stable
Cash Per Share0.00950.010.0161
Pretty Stable
POCF Ratio3.433.60789.0994
Slightly volatile
Capex To Operating Cash Flow0.130.13470.5569
Pretty Stable
Days Payables Outstanding39.9927.969131.8474
Slightly volatile
EV To Operating Cash Flow4.624.859511.7138
Slightly volatile
Intangibles To Total Assets0.360.3240.3092
Slightly volatile
Net Debt To EBITDA1.31.36852.5938
Very volatile
Current Ratio1.321.74861.5765
Pretty Stable
Receivables Turnover7.9511.68310.6606
Slightly volatile
Graham Number9.4418.6089.3883
Slightly volatile
Shareholders Equity Per Share7.5412.21457.2492
Slightly volatile
Debt To Equity0.730.44730.7318
Slightly volatile
Capex Per Share0.950.5870.9063
Slightly volatile
Revenue Per Share18.7428.218119.8473
Slightly volatile
Interest Debt Per Share4.525.9974.8797
Slightly volatile
Debt To Assets0.310.25270.312
Slightly volatile
Enterprise Value Over EBITDA5.055.31311.645
Slightly volatile
Short Term Coverage Ratios14.7215.425519.7187
Slightly volatile
Operating Cycle96.8670.391183.8093
Slightly volatile
Price Book Value Ratio1.941.2872.5285
Slightly volatile
Days Of Payables Outstanding39.9927.969131.8474
Slightly volatile
Price To Operating Cash Flows Ratio3.433.60789.0994
Slightly volatile
Company Equity Multiplier2.411.76992.2538
Pretty Stable
Long Term Debt To Capitalization0.360.24370.3713
Slightly volatile
Total Debt To Capitalization0.40.30910.4023
Slightly volatile
Debt Equity Ratio0.730.44730.7318
Slightly volatile
Quick Ratio0.660.90090.7518
Slightly volatile
Dividend Paid And Capex Coverage Ratio7.797.42333.0517
Slightly volatile
Net Income Per E B T0.880.77370.9196
Slightly volatile
Cash Ratio0.0030.00320.0045
Pretty Stable
Cash Conversion Cycle56.8742.42251.9619
Very volatile
Operating Cash Flow Sales Ratio0.160.15440.098
Pretty Stable
Days Of Inventory Outstanding54.7339.149248.5782
Pretty Stable
Days Of Sales Outstanding42.1231.241935.2304
Slightly volatile
Cash Flow Coverage Ratios0.840.79750.4509
Slightly volatile
Price To Book Ratio1.941.2872.5285
Slightly volatile
Fixed Asset Turnover3.623.14143.3791
Pretty Stable
Capital Expenditure Coverage Ratio7.797.42333.0517
Slightly volatile
Price Cash Flow Ratio3.433.60789.0994
Slightly volatile
Enterprise Value Multiple5.055.31311.645
Slightly volatile
Debt Ratio0.310.25270.312
Slightly volatile
Cash Flow To Debt Ratio0.840.79750.4509
Slightly volatile
Price Sales Ratio0.720.55710.8239
Slightly volatile
Asset Turnover1.341.30531.3323
Slightly volatile
Gross Profit Margin0.130.12220.1142
Slightly volatile
Price Fair Value1.941.2872.5285
Slightly volatile

Mayville Engineering Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap304.3 M338.5 M303.1 M
Slightly volatile
Enterprise Value305.5 M428.2 M387.9 M
Pretty Stable

Mayville Fundamental Market Drivers

Forward Price Earnings22.0751
Cash And Short Term Investments206 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

Mayville Engineering stakeholders use historical fundamental 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 analyze each financial statement separately, they are all interrelated. For example, changes in Mayville Engineering's assets and liabilities are reflected in the revenues and expenses on Mayville Engineering's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mayville Engineering Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-328.5 K-312.1 K
Total Revenue581.6 M510 M
Cost Of Revenue510.5 M451.1 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.08  0.08 
Capex To Revenue 0.02  0.04 
Revenue Per Share 28.22  18.74 
Ebit Per Revenue 0.08  0.08 

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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.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Industrial Machinery & Supplies & Components space 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
(0.99)
Earnings Share
0.58
Revenue Per Share
25.995
Quarterly Revenue Growth
0.066
Return On Assets
0.0082
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.