Mayville Engineering Co Inc (MEC) Key Ratios
$19.10
As on 11-Sep-2026 16:00EDT
Market cap
$487 Mln
Revenue (TTM)
$586 Mln
P/E Ratio
--
P/B Ratio
1.5
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 12.57 | 23.16 | 11.77 | 2.38 | 6.94 |
| EBIT | 102.56 | 410.53 | -166.57 | -199.69 | -215.85 |
| Net Profit | 74.37 | -90.98 | -196.84 | -209.55 | -224.83 |
| EPS | 76.99 | -73.62 | -198.75 | -209.28 | -225.03 |
| Book Value | -- | -- | -1.37 | 3.59 | 3.71 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 3.45 | 2.70 | -3.45 | -0.70 | 7.66 |
| Net Margin
| -- | -- | -2.95 | -- | -- |
| Return on equity
| 3.66 | 3.25 | -6.11 | -3.29 | 10.78 |
| Return on Capital
| 2.09 | 1.94 | -- | -2.58 | 6.72 |
| Return on Assets
| 1.86 | 1.61 | -2.92 | -1.61 | 5.51 |
| Debt to Equity (x)
| -- | -- | 0.39 | 0.11 | 0.44 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
--
|
-2.58
|
6.72
|
2.13
|
6.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-6.11
Lower than Peers by 18.75
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
-6.11
|
-3.29
|
10.78
|
3.50
|
9.00
|
|
Peer Median
|
12.64
|
--
|
--
|
--
|
--
|
ROA
-2.92
Lower than Peers by 7.21
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
-2.92
|
-1.61
|
5.51
|
1.67
|
4.57
|
|
Peer Median
|
4.29
|
--
|
--
|
--
|
--
|
EBIT Margin
-3.45
Lower than Peers by 11.86
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
-3.45
|
-0.70
|
7.66
|
3.39
|
4.78
|
|
Peer Median
|
8.41
|
--
|
--
|
--
|
--
|
Net Margin
-2.95
Lower than Peers by 8.73
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
-2.95
|
-1.48
|
4.46
|
1.33
|
3.47
|
|
Peer Median
|
5.78
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
11.77
Higher than Peers by 8.91
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
11.77
|
-0.06
|
-0.01
|
0.09
|
0.19
|
|
Peer Median
|
2.85
|
--
|
--
|
--
|
--
|
EBIT Growth
-166.57
Lower than Peers by 165.02
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
-166.57
|
-108.63
|
123.04
|
-22.50
|
448.72
|
|
Peer Median
|
-1.54
|
--
|
--
|
--
|
--
|
Net Profit Growth
-196.84
Lower than Peers by 194.87
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
-196.84
|
-131.23
|
231.06
|
-58.11
|
351.34
|
|
Peer Median
|
-1.97
|
--
|
--
|
--
|
--
|
EPS Growth
-198.75
Lower than Peers by 195.58
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
-198.75
|
-1.32
|
2.25
|
-0.58
|
3.55
|
|
Peer Median
|
-3.17
|
--
|
--
|
--
|
--
|
Book Value Growth
19.88
Higher than Peers by 13.61
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
19.88
|
--
|
--
|
--
|
--
|
|
Peer Median
|
6.27
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.39
Lower than Peers by 0.14
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
0.39
|
0.11
|
0.44
|
0.79
|
0.50
|
|
Peer Median
|
0.53
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.02
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
0.02
|
--
|
0.02
|
0.02
|
0.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.70
Lower than Peers by 0.19
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
1.70
|
1.72
|
1.75
|
1.88
|
1.38
|
|
Peer Median
|
1.89
|
--
|
--
|
--
|
--
|
Quick Ratio
0.96
Lower than Peers by 0.21
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
0.96
|
0.92
|
0.90
|
0.93
|
0.68
|
|
Peer Median
|
1.17
|
--
|
--
|
--
|
--
|
Interest Coverage
-0.90
Lower than Peers by 8.80
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
-0.90
|
-0.38
|
4.05
|
1.80
|
7.63
|
|
Peer Median
|
7.90
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
13.17
Lower than Peers by 4.42
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
13.17
|
10.53
|
8.56
|
9.76
|
10.75
|
|
Peer Median
|
17.59
|
--
|
--
|
--
|
--
|
Asset Turnover
0.99
Higher than Peers by 0.14
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
0.99
|
1.08
|
1.23
|
1.26
|
1.32
|
|
Peer Median
|
0.85
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
--
|
35.87
|
33.67
|
35.83
|
38.40
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
--
|
42.33
|
43.84
|
49.11
|
54.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
--
|
33.93
|
30.64
|
35.30
|
39.65
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
--
|
44.27
|
46.87
|
49.64
|
52.91
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
--
|
-47.15
|
12.75
|
38.00
|
13.89
|
|
Peer Median
|
19.70
|
--
|
--
|
--
|
--
|
Price / Book Value
1.48
Lower than Peers by 0.23
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
1.48
|
1.59
|
1.32
|
1.30
|
1.19
|
|
Peer Median
|
1.71
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.44
|
--
|
--
|
--
|
--
|
EV/EBITDA
20.17
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
20.17
|
10.86
|
5.37
|
8.69
|
6.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
487
Higher than Peers by 97
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Mayville Engineering Co Inc (MEC)
|
487
|
--
|
--
|
--
|
--
|
|
Peer Median
|
390
|
--
|
--
|
--
|
--
|