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MEC · NYSE · United States · Metal Forgings & Stampings
In shortMayville Engineering Company, Inc. is loss-making.
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -0.7% | 14/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -1.5% | 14/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -3.3% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.72× | 76/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -0.38× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.66 | 14/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.9% | 40/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 13.7% | 60/100 |
| Operating margin volatility | 3.9% | 74/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 0.4% | 19/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
4 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 455 | 539 | 588 | 582 | 546 |
| Cost of revenue | 403 | 478 | 519 | 511 | 492 |
| Gross profit | 51 | 61 | 70 | 71 | 54 |
| Operating income | (7.4) | 26 | 20 | 45 | (3.8) |
| Interest expense | 2 | 3.4 | 11 | 11 | 10 |
| Pre-tax income | (9.4) | 22 | 8.9 | 34 | (14) |
| Income tax | (1.9) | 3.7 | 1 | 7.6 | (5.9) |
| Net income | (7.5) | 19 | 7.8 | 26 | (8.1) |
| Diluted EPS | −$0.36 | $0.91 | $0.38 | $1.24 | −$0.40 |
| Diluted shares (millions) | 21 | 21 | 21 | 21 | 20 |
4 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of Mayville Engineering Company, Inc. are included in the Investor plan. Try free for 7 days →
1.66 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 5, 2026