Mayville Historical Income Statement
| MEC Stock | USD 13.76 0.23 1.64% |
Historical analysis of Mayville Engineering income statement accounts such as Depreciation And Amortization of 31.1 M can show how well Mayville Engineering Co performed in making a profits. Evaluating Mayville Engineering income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mayville Engineering's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Mayville Engineering latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mayville Engineering is a good buy for the upcoming year.
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About Mayville Income Statement Analysis
Mayville Engineering Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Mayville Engineering shareholders. The income statement also shows Mayville investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Mayville Engineering Income Statement Chart
Mayville Engineering Co Income Statement is one of the three primary financial statements used for reporting Mayville's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Mayville Engineering revenue and expense. Mayville Engineering Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Mayville Engineering's Interest Income is projected to decrease significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 11.6 M, whereas Net Interest Income is projected to grow to (8.3 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Mayville Engineering generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Mayville Engineering Co minus its cost of goods sold. It is profit before Mayville Engineering operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Mayville Engineering. It is also known as Mayville Engineering overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Mayville Engineering's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mayville Engineering current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mayville Engineering Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At present, Mayville Engineering's Interest Income is projected to decrease significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 11.6 M, whereas Net Interest Income is projected to grow to (8.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 3.4M | 11.1M | 11.6M | Depreciation And Amortization | 31.8M | 25.0M | 35.1M | 31.1M |
Mayville Engineering income statement Correlations
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Mayville Engineering Account Relationship Matchups
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Mayville Engineering income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | (4.1M) | (2.1M) | (1.9M) | 3.7M | 674K | 707.7K | |
| Net Interest Income | (6.7M) | (2.7M) | (2.0M) | (3.4M) | (8.8M) | (8.3M) | |
| Interest Income | 6.7M | 2.7M | 2.0M | 3.4M | 3.0M | 3.0M | |
| Depreciation And Amortization | 33.0M | 32.1M | 31.8M | 25.0M | 35.1M | 31.1M | |
| Interest Expense | 6.7M | 2.7M | 2.0M | 3.4M | 11.1M | 11.6M | |
| Selling General Administrative | 56.0M | 27.3M | 31.9M | 32.7M | 41.8M | 37.0M | |
| Total Revenue | 519.7M | 357.6M | 454.8M | 539.4M | 588.4M | 491.5M | |
| Gross Profit | 58.7M | 31.5M | 51.4M | 61.1M | 62.0M | 55.0M | |
| Other Operating Expenses | 527.7M | 364.1M | 446.1M | 518.0M | 566.8M | 480.7M | |
| Operating Income | (8.0M) | (6.5M) | 8.8M | 25.8M | 21.6M | 11.5M | |
| Net Income From Continuing Ops | (4.8M) | (7.1M) | (7.5M) | 18.7M | 8.0M | 4.8M | |
| Ebit | (8.0M) | (6.5M) | 8.8M | 25.8M | 21.6M | 11.5M | |
| Ebitda | 25.0M | 25.6M | 40.5M | 50.7M | 56.7M | 42.6M | |
| Cost Of Revenue | 461.0M | 326.1M | 403.5M | 478.3M | 526.5M | 436.5M | |
| Total Operating Expenses | 66.7M | 38.0M | 42.6M | 39.6M | 40.4M | 44.2M | |
| Reconciled Depreciation | 33.0M | 32.1M | 31.8M | 29.3M | 33.3M | 31.5M | |
| Income Before Tax | (8.8M) | (9.2M) | (9.4M) | 22.4M | 8.9M | 9.3M | |
| Total Other Income Expense Net | (828K) | (2.7M) | (18.2M) | (3.4M) | (12.7M) | (12.1M) | |
| Net Income Applicable To Common Shares | (4.8M) | (7.1M) | (7.5M) | 18.7M | 16.9M | 17.7M | |
| Net Income | (4.8M) | (7.1M) | (7.5M) | 18.7M | 7.8M | 4.8M | |
| Income Tax Expense | (4.1M) | (2.1M) | (1.9M) | 3.7M | 1.0M | 1.1M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mayville Engineering in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mayville Engineering's short interest history, or implied volatility extrapolated from Mayville Engineering options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mayville Engineering Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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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.