YOLFTbeta
Mayville Engineering Co Inc

Mayville Engineering Co Inc

MEC · NYSE · Industrials / Metal Fabrication

12.82USD-1.17 (-8.36%)

Price History

Full chart

Market Stats

Previous Close13.99
Open13.96
Day Range12.79 – 14.04
52-Week Range12.25 – 38.76
Volume341.73K
Market Cap429.68M
P/E (TTM)0.00
Forward P/E22.08
EPS-0.82
Dividend Yield0.00%
Beta1.26
50-Day Avg22.20
200-Day Avg23.11

About

Mayville Engineering Company, Inc., together with its subsidiaries, engages in the production, design, prototyping and tooling, fabrication, aluminum extrusion, coating, and assembling of aftermarket components in the United States. It supplies engineered components to original equipment manufacturers. The company serves heavy and medium duty commercial vehicles, construction and access equipment, powersports, data center and critical power, agriculture, military, and other end markets. Mayville Engineering Company, Inc. was founded in 1945 and is headquartered in Milwaukee, Wisconsin.

Company Details

  • SectorIndustrials
  • IndustryMetal Fabrication
  • CEOMr. Jagadeesh A. Reddy
  • Employees2.40K
  • Headquarters135 S. 84th Street, Milwaukee, WI, United States, 53214, USA
  • Websitehttps://www.mecinc.com

Leadership

  • Mr. Jagadeesh A. ReddyPresident, CEO & Director · b. 1972
  • Ms. Rachele Marie LehrChief Financial Officer · b. 1978
  • Mr. Craig D. NicholsSenior Vice President Operations & Supply Chain · b. 1975
  • Mr. Sean P. Leuba J.D.Senior VP, General Counsel & Secretary · b. 1971
  • Mr. Ryan F. RaberExecutive Vice President of Strategy, Sales & Marketing · b. 1983

Financials

Income Statement

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue313.33M354.53M519.70M357.61M454.83M539.39M588.42M581.60M546.49M
Growth (%)-+13.15%+46.59%-31.19%+27.19%+18.59%+9.09%-1.16%-6.04%
Cost of Revenue278.59M303.95M460.99M326.11M403.45M478.32M518.72M510.51M492.48M
Gross Profit34.74M50.58M58.72M31.50M51.38M61.07M69.70M71.10M54.01M
Gross Margin11.09%14.27%11.30%8.81%11.30%11.32%11.85%12.22%9.88%
Operating Expense25.31M28.41M60.68M38.00M58.77M35.30M49.51M26.54M57.85M
Operating Income9.43M22.17M-1.96M-6.50M-7.39M25.77M20.19M44.55M-3.84M
Operating Margin3.01%6.25%-0.38%-1.82%-1.63%4.78%3.43%7.66%-0.70%
EBITDA30.16M43.20M30.89M25.59M24.39M55.09M55.05M82.14M37.44M
EBITDA Margin9.62%12.19%5.94%7.16%5.36%10.21%9.36%14.12%6.85%
Net Income5.25M17.93M-4.75M-7.09M-7.45M18.73M7.84M25.97M-8.11M
Net Income Margin1.67%5.06%-0.91%-1.98%-1.64%3.47%1.33%4.46%-1.48%
R&D00-------
R&D as % of Total Revenue0.00%0.00%-------
Interest Expense4.18M3.88M6.73M2.67M2.00M3.38M11.09M10.99M10.21M
Interest Expense % of Total Revenue1.33%1.09%1.29%0.75%0.44%0.63%1.89%1.89%1.87%

Balance Sheet

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets214.32M391.73M363.58M338.53M379.47M440.58M496.66M445.57M563.64M
Total Liabilities121.43M288.74M162.69M137.68M181.20M222.71M266.68M193.82M322.90M
Total Equity92.89M102.99M200.90M200.86M198.27M217.87M229.98M251.75M240.74M
Cash76.00K3.09M1.00K121.00K118.00K127.00K672.00K206.00K1.50M
Total Debt75.60M181.89M75.86M47.94M67.61M108.98M181.16M110.05M25.57M
Net Debt75.52M178.80M75.86M47.82M67.49M108.86M180.49M109.84M24.07M

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow30.80M36.72M33.40M36.52M14.46M52.43M40.36M89.81M38.56M
Investing Cash Flow-11.23M-132.57M-28.09M-5.77M-33.96M-50.67M-104.13M-11.71M-151.53M
Financing Cash Flow-19.63M98.87M-8.40M-30.63M19.50M-1.75M64.31M-78.56M114.26M
Capital Expenditure11.26M17.88M25.80M7.79M39.31M58.61M16.60M12.10M11.65M
Free Cash Flow19.54M18.84M7.61M28.73M-24.85M-6.18M23.77M77.71M26.91M
Dividends Paid00--139.00K0000
FCF to OCF63.45%51.30%22.77%78.66%-171.90%-11.80%58.88%86.53%69.79%
Dividend Paid to FCF0.00%0.00%---0.56%0.00%0.00%0.00%0.00%

Earnings

Report DateFeb 27, 2019May 28, 2019Aug 6, 2019Oct 29, 2019Feb 26, 2020May 5, 2020Aug 4, 2020Nov 2, 2020Mar 2, 2021May 4, 2021Aug 3, 2021Nov 2, 2021Mar 1, 2022May 3, 2022Aug 2, 2022Nov 1, 2022Feb 28, 2023May 2, 2023Aug 1, 2023Oct 31, 2023Mar 5, 2024May 7, 2024Aug 6, 2024Nov 5, 2024Mar 3, 2025May 6, 2025Aug 5, 2025Nov 4, 2025Mar 3, 2026May 5, 2026Aug 4, 2026Nov 3, 2026
EPS Estimate0.000.24-0.090.32-0.18-0.05-0.23-0.040.010.100.200.140.030.130.310.210.130.210.190.250.130.170.220.24-0.080.020.060.01-0.06-0.22-0.090.07
EPS Actual0.030.220.340.17-0.070.00-0.28-0.020.050.120.160.01-0.030.190.320.330.120.180.200.210.110.220.260.21-0.070.040.100.10-0.08-0.15-0.09-
Surprise--8.33%477.78%-46.88%61.11%105.20%-21.74%50.00%400.00%20.00%-20.00%-92.86%-200.00%46.15%3.23%57.14%-7.69%-14.29%5.26%-16.00%-15.38%29.41%18.18%-12.50%13.15%100.00%66.67%900.00%-34.45%31.82%0.00%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap429.68M
Enterprise Value597.52M
Trailing P/E0.00
Forward P/E22.08
Price / Sales0.73
Price / Book1.37
EPS-0.82
Book Value12.77
Revenue (TTM)586.34M
Gross Profit (TTM)63.64M
EBITDA35.40M
Profit Margin-2.95%
Operating Margin0.27%
Return on Equity-6.05%
Return on Assets-1.10%
Shares Outstanding25.50M
Shares Float18.36M
Beta1.26
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 3 analystsTarget 36.80
  • Strong Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
84.40%
Insiders
23.36%
Retail / Other
0.00%

Top Institutional Holders

  • Allspring Global Investments Holdings, LLC
    1.07M4.21%
  • BlackRock Inc
    881.85K3.46%
  • Portolan Capital Management, LLC
    821.14K3.22%
  • Dimensional Fund Advisors, Inc.
    782.28K3.07%
  • Royce & Associates, LP
    751.00K2.95%
  • Arnhold & S. Bleichroeder Advisers, LLC
    739.15K2.90%
  • Boston Partners Global Investors, Inc
    696.43K2.73%
  • EVR Research LP
    620.00K2.43%
  • Vanguard Capital Management, LLC
    594.94K2.33%
  • Blair William & Co
    546.71K2.14%
  • Wellington Management Company LLP
    477.58K1.87%
  • Granahan Investment Management Inc..
    387.47K1.52%

Top Fund Holders

  • Fidelity Growth Strategies
    1.32M5.16%
  • Allspring Special Small Cap Value A
    669.86K2.63%
  • Vanguard MStar Total Stk Mkt Idx Invest
    556.28K2.18%
  • Janus Henderson Venture D
    476.39K1.87%
  • Strategic Advisers U.S. Total Stock
    469.57K1.84%
  • iShares Russell 2000 ETF
    403.24K1.58%
  • FTGF RY US SmCp Opp A USD Dis(A)
    382.97K1.50%
  • Royce Small-Cap Opportunity Invmt
    354.16K1.39%