Symbols / MEC Stock $23.35 +2.64% Mayville Engineering Company, Inc.

Industrials • Metal Fabrication • United States • NYQ
MEC (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
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Index EQUITY
Sector Industrials
Industry Metal Fabrication
CEO Mr. Jagadeesh A. Reddy
Exch · Country NYQ · United States
Market Cap 476.69M
Enterprise Value 724.82M
Income -16.30M
Sales 555.69M
FCF (ttm) 14.09M
Book/sh 11.85
Cash/sh 0.10
Employees 2,400
Insider 10d —
IPO May 09, 2019
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E 17.30
PEG —
P/S 0.86
P/B 1.97
P/C —
EV/EBITDA 20.10
EV/Sales 1.30
Quick Ratio 0.84
Current Ratio 1.64
Debt/Eq 107.75
LT Debt/Eq —
EPS (ttm) -0.40
EPS next Y 1.35
EPS Growth —
Revenue Growth 6.80%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-08-04
Earnings (prior) 2026-05-05
ROA -0.81%
ROE -6.76%
ROIC —
Gross Margin 10.53%
Oper. Margin -4.24%
Profit Margin -2.93%
Shs Outstand 20.42M
Shs Float 14.45M
Insider Own 29.78%
Instit Own 69.23%
Short Float 5.66%
Short Ratio 6.91
Short Interest 883.60K
52W High 24.38
vs 52W High -4.22%
52W Low 12.10
vs 52W Low 92.98%
Beta 1.24
Impl. Vol. 3.13%
Rel Volume 1.96
Avg Volume 157.54K
Volume 309.40K
Target (mean) $26.70
Tgt Median $25.00
Tgt Low $23.00
Tgt High $34.50
# Analysts 5
Recom Strong_buy
Prev Close $22.75
Price $23.35
Change 2.64%
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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$26.70
Mean price target
2. Current target
$23.35
Latest analyst target
3. DCF / Fair value
$12.42
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$23.35
Low
$23.00
High
$34.50
Mean
$26.70

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-09 main DA Davidson Buy → Buy $23
2026-03-05 main Citigroup Buy → Buy $25
2026-03-05 up Northland Capital Markets Market Perform → Outperform $25
2026-01-12 main Citigroup Buy → Buy $24
2025-07-14 main Citigroup Buy → Buy $21
2025-06-17 init DA Davidson — → Buy $23
2025-04-14 main Citigroup Buy → Buy $16
2025-03-06 main Citigroup Buy → Buy $18
2024-11-07 down Northland Capital Markets Outperform → Market Perform $20
2024-10-08 reit Northland Capital Markets Outperform → Outperform $30
2024-06-14 main Northland Capital Markets Outperform → Outperform $30
2024-05-08 main EF Hutton Buy → Buy $24
2024-04-08 main Citigroup Buy → Buy $18
2024-03-07 main EF Hutton Buy → Buy $22
2023-08-21 reit EF Hutton Buy → Buy $23
2023-08-16 reit EF Hutton Buy → Buy $23
2023-08-03 reit EF Hutton Buy → Buy $23
2023-06-21 main EF Hutton Buy → Buy $22
2023-06-09 down Baird Outperform → Neutral $14
2023-05-17 init Northland Capital Markets — → Outperform $20
News
RSS: Latest MEC news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-21 FISHER STEVEN L Director — 50,231 — —
2026-04-21 MCCORMICK ROBERT L. Director — 10,331 — —
2026-04-21 CHRISTEN TIMOTHY L Director — 12,397 — —
2026-04-21 WINGFIELD TANIA Director — 5,949 — —
2026-03-13 LEHR RACHELE MARIE Chief Financial Officer — 14,368 — —
2026-03-13 RABER RYAN F Officer — 30,102 — —
2026-03-13 REDDY JAGADEESH A Chief Executive Officer — 63,960 — —
2026-03-13 LEUBA SEAN P General Counsel — 11,909 — —
2026-03-13 NICHOLS CRAIG D Officer — 5,808 — —
2026-03-05 LEUBA SEAN P General Counsel — 9,198 $18.81 $176,164
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
546.49
-6.04%
581.60
-1.16%
588.42
+9.09%
539.39
Operating Revenue
546.49
-6.04%
581.60
-1.16%
588.42
+9.09%
539.39
Cost Of Revenue
492.48
-3.53%
510.51
-1.58%
518.72
+8.45%
478.32
Reconciled Cost Of Revenue
460.91
-3.95%
479.85
-2.35%
491.38
+7.77%
455.96
Gross Profit
54.01
-24.03%
71.10
+2.00%
69.70
+14.14%
61.07
Operating Expense
57.85
+11.16%
52.04
+5.11%
49.51
+24.90%
39.64
Selling General And Administration
48.14
+6.71%
45.11
+8.00%
41.77
+27.78%
32.69
General And Administrative Expense
48.14
+6.71%
45.11
+8.00%
41.77
+27.78%
32.69
Salaries And Wages
8.72
-35.82%
13.59
+17.30%
11.59
+44.90%
8.00
Other Gand A
39.41
+25.05%
31.52
+4.43%
30.18
+22.23%
24.69
Total Expenses
550.33
-2.17%
562.55
-1.00%
568.23
+9.71%
517.96
Operating Income
-3.84
-120.18%
19.05
-5.64%
20.19
-5.77%
21.43
Total Operating Income As Reported
-3.84
-108.63%
44.55
+120.66%
20.19
-21.66%
25.77
EBITDA
37.44
-54.42%
82.14
+49.20%
55.05
-0.05%
55.09
Normalized EBITDA
37.44
-33.90%
56.64
+2.48%
55.27
+8.93%
50.74
Reconciled Depreciation
41.29
+9.84%
37.59
+7.15%
35.08
+19.68%
29.31
EBIT
-3.84
-108.63%
44.55
+123.04%
19.98
-22.50%
25.77
Total Unusual Items
0.00
-100.00%
25.50
+11905.56%
-0.22
-104.97%
4.35
Total Unusual Items Excluding Goodwill
0.00
-100.00%
25.50
+11905.56%
-0.22
-104.97%
4.35
Special Income Charges
0.00
-100.00%
25.50
+11905.56%
-0.22
-104.97%
4.35
Other Special Charges
—
-25.50
-11905.56%
0.22
—
Impairment Of Capital Assets
—
0.00
0.00
+100.00%
-4.35
Restructuring And Mergern Acquisition
—
—
—
—
Net Income
-8.11
-131.23%
25.97
+231.06%
7.84
-58.11%
18.73
Pretax Income
-14.06
-141.89%
33.56
+277.85%
8.88
-60.33%
22.39
Net Non Operating Interest Income Expense
-10.21
+7.04%
-10.99
+0.93%
-11.09
-228.17%
-3.38
Interest Expense Non Operating
10.21
-7.04%
10.99
-0.93%
11.09
+228.17%
3.38
Net Interest Income
-10.21
+7.04%
-10.99
+0.93%
-11.09
-228.17%
-3.38
Interest Expense
10.21
-7.04%
10.99
-0.93%
11.09
+228.17%
3.38
Other Income Expense
—
25.50
+11905.56%
-0.22
-104.97%
4.35
Tax Provision
-5.95
-178.32%
7.60
+631.09%
1.04
-71.67%
3.67
Tax Rate For Calcs
0.00
-7.08%
0.00
+93.16%
0.00
-28.66%
0.00
Tax Effect Of Unusual Items
0.00
-100.00%
5.76
+22903.89%
-0.03
-103.55%
0.71
Net Income Including Noncontrolling Interests
-8.11
-131.23%
25.97
+231.06%
7.84
-58.11%
18.73
Net Income From Continuing Operation Net Minority Interest
-8.11
-131.23%
25.97
+231.06%
7.84
-58.11%
18.73
Net Income From Continuing And Discontinued Operation
-8.11
-131.23%
25.97
+231.06%
7.84
-58.11%
18.73
Net Income Continuous Operations
-8.11
-131.23%
25.97
+231.06%
7.84
-58.11%
18.73
Normalized Income
-8.11
-230.16%
6.23
-22.45%
8.03
-46.77%
15.09
Net Income Common Stockholders
-8.11
-131.23%
25.97
+231.06%
7.84
-58.11%
18.73
Diluted EPS
-0.40
-132.26%
1.24
+226.32%
0.38
-58.70%
0.92
Basic EPS
-0.40
-131.75%
1.26
+231.58%
0.38
-58.70%
0.92
Basic Average Shares
20.47
-0.68%
20.61
+0.96%
20.42
+0.08%
20.40
Diluted Average Shares
20.47
-2.39%
20.97
+1.32%
20.70
+0.08%
20.68
Diluted NI Availto Com Stockholders
-8.11
-131.23%
25.97
+231.06%
7.84
-58.11%
18.73
Amortization
9.72
+40.14%
6.93
-10.45%
7.74
+11.36%
6.95
Amortization Of Intangibles Income Statement
9.72
+40.14%
6.93
-10.45%
7.74
+11.36%
6.95
Depreciation Amortization Depletion Income Statement
9.72
+40.14%
6.93
-10.45%
7.74
+11.36%
6.95
Depreciation And Amortization In Income Statement
9.72
+40.14%
6.93
-10.45%
7.74
+11.36%
6.95
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
563.64
+26.50%
445.57
-10.29%
496.66
+12.73%
440.58
Current Assets
128.41
+13.70%
112.94
-16.10%
134.62
-4.73%
141.30
Cash Cash Equivalents And Short Term Investments
1.50
+629.13%
0.21
-69.35%
0.67
+429.13%
0.13
Cash And Cash Equivalents
1.50
+629.13%
0.21
-69.35%
0.67
+429.13%
0.13
Receivables
57.55
+15.61%
49.78
-13.34%
57.45
-0.96%
58.00
Accounts Receivable
57.55
+15.61%
49.78
-13.34%
57.45
-0.96%
58.00
Gross Accounts Receivable
58.13
+16.19%
50.03
-13.93%
58.13
-0.71%
58.55
Allowance For Doubtful Accounts Receivable
-0.58
-132.66%
-0.25
+63.80%
-0.69
-25.69%
-0.55
Inventory
59.40
+8.48%
54.76
-19.22%
67.78
-5.47%
71.71
Raw Materials
18.88
-2.63%
19.39
-25.23%
25.93
+52.50%
17.00
Work In Process
10.56
+12.13%
9.42
-9.12%
10.36
+3.87%
9.98
Finished Goods
29.96
+15.45%
25.95
-17.58%
31.49
-29.60%
44.73
Prepaid Assets
—
—
—
—
Other Current Assets
9.96
+21.50%
8.20
-6.01%
8.72
-23.92%
11.47
Total Non Current Assets
435.23
+30.85%
332.63
-8.12%
362.04
+20.97%
299.28
Net PPE
180.47
-2.52%
185.14
-10.98%
207.98
+14.37%
181.84
Gross PPE
482.14
+5.74%
455.97
+1.20%
450.57
+12.52%
400.43
Accumulated Depreciation
-301.67
-11.39%
-270.82
-11.64%
-242.59
-10.98%
-218.58
Properties
0.00
0.00
0.00
0.00
Land And Improvements
7.33
+7.44%
6.83
-2.75%
7.02
+67.14%
4.20
Buildings And Improvements
80.34
+0.99%
79.55
-0.16%
79.68
+33.55%
59.66
Machinery Furniture Equipment
359.27
+6.38%
337.71
+4.93%
321.86
+17.44%
274.05
Construction In Progress
4.72
+44.81%
3.26
-66.63%
9.78
-63.01%
26.43
Other Properties
30.47
+6.49%
28.61
-11.22%
32.23
-10.65%
36.07
Goodwill And Other Intangible Assets
251.53
+74.21%
144.38
-4.58%
151.32
+31.19%
115.34
Goodwill
140.25
+51.37%
92.65
+0.00%
92.65
+29.52%
71.53
Other Intangible Assets
111.28
+115.10%
51.73
-11.82%
58.67
+33.92%
43.81
Other Non Current Assets
3.23
+4.26%
3.10
+12.98%
2.74
+31.24%
2.09
Total Liabilities Net Minority Interest
322.90
+66.60%
193.82
-27.32%
266.68
+19.74%
222.71
Current Liabilities
74.77
+15.76%
64.59
-9.92%
71.71
-30.00%
102.45
Payables And Accrued Expenses
55.13
+24.69%
44.21
-16.41%
52.89
-13.32%
61.02
Payables
52.38
+33.89%
39.12
-15.92%
46.53
-13.42%
53.73
Accounts Payable
52.38
+33.89%
39.12
-15.92%
46.53
-13.42%
53.73
Current Accrued Expenses
2.75
-45.96%
5.09
-20.01%
6.37
-12.62%
7.29
Pensionand Other Post Retirement Benefit Plans Current
2.17
-53.09%
4.63
+48.89%
3.11
-54.71%
6.86
Current Debt And Capital Lease Obligation
6.73
+36.94%
4.91
-2.96%
5.06
+4.26%
4.86
Current Capital Lease Obligation
6.73
+36.94%
4.91
-2.96%
5.06
+4.26%
4.86
Current Deferred Liabilities
—
—
0.29
-98.40%
18.06
Other Current Liabilities
10.74
-0.91%
10.84
+1.83%
10.64
-8.60%
11.65
Total Non Current Liabilities Net Minority Interest
248.13
+92.02%
129.22
-33.72%
194.97
+62.12%
120.27
Long Term Debt And Capital Lease Obligation
228.10
+116.95%
105.14
-40.30%
176.10
+69.12%
104.13
Long Term Debt
202.53
+154.03%
79.72
-45.95%
147.49
+104.18%
72.24
Long Term Capital Lease Obligation
25.57
+0.63%
25.41
-11.17%
28.61
-10.30%
31.89
Non Current Deferred Liabilities
16.54
-23.26%
21.55
+31.23%
16.42
+9.85%
14.95
Non Current Deferred Taxes Liabilities
11.30
-32.87%
16.83
+33.52%
12.61
+6.67%
11.82
Other Non Current Liabilities
3.50
+37.86%
2.54
+3.47%
2.45
+106.31%
1.19
Stockholders Equity
240.74
-4.38%
251.75
+9.47%
229.98
+5.56%
217.87
Common Stock Equity
240.74
-4.38%
251.75
+9.47%
229.98
+5.56%
217.87
Capital Stock
0.00
0.00
0.00
0.00
Common Stock
0.00
0.00
0.00
0.00
Share Issued
22.51
+0.92%
22.30
+2.04%
21.85
+0.96%
21.65
Ordinary Shares Number
20.32
-0.48%
20.42
+25.66%
16.25
-19.46%
20.17
Treasury Shares Number
2.19
+16.15%
1.88
-66.40%
5.61
+280.69%
1.47
Additional Paid In Capital
208.78
+0.82%
207.08
+0.83%
205.37
+2.20%
200.94
Retained Earnings
51.98
-13.50%
60.09
+76.11%
34.12
+29.85%
26.27
Treasury Stock
20.02
+29.90%
15.41
+61.98%
9.51
+1.72%
9.35
Total Equity Gross Minority Interest
240.74
-4.38%
251.75
+9.47%
229.98
+5.56%
217.87
Total Capitalization
443.26
+33.72%
331.48
-12.18%
377.47
+30.12%
290.10
Working Capital
53.65
+10.95%
48.35
-23.15%
62.91
+61.92%
38.85
Invested Capital
443.26
+33.72%
331.48
-12.18%
377.47
+30.12%
290.10
Total Debt
234.83
+113.38%
110.05
-39.25%
181.16
+66.23%
108.98
Net Debt
201.02
+152.80%
79.52
-45.84%
146.82
+103.61%
72.11
Capital Lease Obligations
32.30
+6.51%
30.33
-9.93%
33.67
-8.38%
36.75
Net Tangible Assets
-10.79
-110.05%
107.37
+36.50%
78.66
-23.27%
102.52
Tangible Book Value
-10.79
-110.05%
107.37
+36.50%
78.66
-23.27%
102.52
Other Inventories
—
—
0.00
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
38.56
-57.06%
89.81
+122.50%
40.36
-23.01%
52.43
Cash Flow From Continuing Operating Activities
38.56
-57.06%
89.81
+122.50%
40.36
-23.01%
52.43
Net Income From Continuing Operations
-8.11
-131.23%
25.97
+231.06%
7.84
-58.11%
18.73
Depreciation Amortization Depletion
41.29
+9.84%
37.59
+7.15%
35.08
+19.68%
29.31
Depreciation
31.57
+2.98%
30.66
+12.13%
27.34
+22.27%
22.36
Amortization Cash Flow
9.72
+40.14%
6.93
-10.45%
7.74
+11.36%
6.95
Depreciation And Amortization
41.29
+9.84%
37.59
+7.15%
35.08
+19.68%
29.31
Amortization Of Intangibles
9.72
+40.14%
6.93
-10.45%
7.74
+11.36%
6.95
Other Non Cash Items
6.60
+16.60%
5.66
+38.03%
4.10
-10.50%
4.58
Pension And Employee Benefit Expense
1.27
+47.22%
0.86
+105.06%
-17.09
-335.61%
-3.92
Stock Based Compensation
3.28
-36.79%
5.19
+15.63%
4.49
+19.31%
3.76
Provisionand Write Offof Assets
0.20
+129.68%
-0.66
-303.41%
0.32
+5483.33%
-0.01
Asset Impairment Charge
—
0.00
0.00
+100.00%
-4.35
Operating Gains Losses
1.26
+82.08%
0.69
+103.98%
-17.40
-326.03%
-4.08
Gain Loss On Sale Of PPE
-0.01
+93.02%
-0.17
+67.30%
-0.53
-226.71%
-0.16
Change In Working Capital
-5.94
-138.67%
15.37
+159.18%
5.93
+32.24%
4.49
Change In Receivables
6.04
-25.42%
8.10
+3.98%
7.79
+411.89%
-2.50
Changes In Account Receivables
6.04
-25.42%
8.10
+3.98%
7.79
+411.89%
-2.50
Change In Inventory
0.06
-99.53%
13.25
-1.45%
13.44
+924.10%
-1.63
Change In Prepaid Assets
-1.05
-467.03%
-0.18
-134.77%
0.53
+186.36%
-0.62
Change In Payables And Accrued Expense
0.52
+109.18%
-5.62
+64.87%
-16.00
-229.38%
12.36
Change In Accrued Expense
-7.84
-430.27%
2.38
+136.21%
-6.56
-318.41%
3.00
Change In Payable
8.36
+204.58%
-7.99
+15.30%
-9.44
-200.82%
9.36
Change In Account Payable
8.36
+204.58%
-7.99
+15.30%
-9.44
-200.82%
9.36
Change In Other Working Capital
-5.53
-230.96%
4.22
+514.99%
0.69
-85.41%
4.71
Change In Other Current Assets
0.01
-97.84%
0.70
-72.76%
2.56
+164.07%
-3.99
Change In Other Current Liabilities
-6.00
-17.77%
-5.09
-65.43%
-3.08
+20.18%
-3.86
Investing Cash Flow
-151.53
-1193.80%
-11.71
+88.75%
-104.13
-105.52%
-50.67
Cash Flow From Continuing Investing Activities
-151.53
-1193.80%
-11.71
+88.75%
-104.13
-105.52%
-50.67
Net PPE Purchase And Sale
-11.58
+1.16%
-11.71
+24.63%
-15.54
+69.33%
-50.67
Purchase Of PPE
-11.65
+3.72%
-12.10
+27.11%
-16.60
+71.68%
-58.61
Sale Of PPE
0.07
-81.35%
0.39
-63.55%
1.06
-86.67%
7.94
Capital Expenditure
-11.65
+3.72%
-12.10
+27.11%
-16.60
+71.68%
-58.61
Net Business Purchase And Sale
-139.95
0.00
+100.00%
-88.59
0.00
Purchase Of Business
-139.95
0.00
+100.00%
-88.59
0.00
Financing Cash Flow
114.26
+245.45%
-78.56
-222.15%
64.31
+3777.19%
-1.75
Cash Flow From Continuing Financing Activities
114.26
+245.45%
-78.56
-222.15%
64.31
+3777.19%
-1.75
Net Issuance Payments Of Debt
121.27
+275.29%
-69.18
-201.47%
68.18
+2031.96%
3.20
Issuance Of Debt
1,558.61
+92.29%
810.56
+37.84%
588.04
+34.27%
437.94
Repayment Of Debt
-1,437.35
-63.38%
-879.74
-69.23%
-519.86
-19.58%
-434.74
Long Term Debt Issuance
1,558.61
+92.29%
810.56
+37.84%
588.04
+34.27%
437.94
Long Term Debt Payments
-1,437.35
-63.38%
-879.74
-69.23%
-519.86
-19.58%
-434.74
Net Long Term Debt Issuance
121.27
+275.29%
-69.18
-201.47%
68.18
+2031.96%
3.20
Short Term Debt Issuance
—
—
—
—
Short Term Debt Payments
—
—
—
—
Net Short Term Debt Issuance
—
—
—
—
Net Common Stock Issuance
-4.61
+21.86%
-5.90
-121.57%
-2.66
+46.21%
-4.95
Common Stock Payments
-4.61
+21.86%
-5.90
-121.57%
-2.66
+46.21%
-4.95
Cash Dividends Paid
0.00
0.00
0.00
0.00
Repurchase Of Capital Stock
-4.61
+21.86%
-5.90
-121.57%
-2.66
+46.21%
-4.95
Proceeds From Stock Option Exercised
-1.58
+54.71%
-3.48
0.00
0.00
Net Other Financing Charges
—
—
-1.21
—
Changes In Cash
1.30
+378.11%
-0.47
-185.50%
0.55
+5955.56%
0.01
Beginning Cash Position
0.21
-69.35%
0.67
+429.13%
0.13
+7.63%
0.12
End Cash Position
1.50
+629.13%
0.21
-69.35%
0.67
+429.13%
0.13
Free Cash Flow
26.91
-65.37%
77.71
+226.99%
23.77
+484.30%
-6.18
Interest Paid Supplemental Data
9.71
-5.43%
10.27
-3.77%
10.67
+190.71%
3.67
Income Tax Paid Supplemental Data
2.33
+70.00%
1.37
+167.06%
0.51
-27.13%
0.70
Common Stock Issuance
—
—
—
—
Interest Paid CFF
-0.82
0.00
+100.00%
-1.21
0.00
Issuance Of Capital Stock
—
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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