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Mayville Engineering

MEC

Mayville Engineering Company (MEC) is a leading U.S.-based, vertically integrated manufacturing partner providing end-to-end solutions from design and prototyping to fabrication and assembly.

Market cap
$750.8M+122%
Revenue$555.7M0.0%
Net income-$16.3M-172%
Free cash flow$15.8M-79.1%
EPS (diluted)-$0.80-174%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$150.6M
EPS estimate-$0.08

Financials

Q1 2026

Income statement

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Revenue$144.8M+6.8%
Gross profit$11.0M-28.5%
Operating income-$7.7M-588%
Net income-$8.2M-40,975%
EPS (diluted)-$0.40

Balance sheet

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Cash & equivalents$2.1M+1,029%
Total debt$30.6M+5.5%
Total equity$232.2M-7.1%
Total assets$578.1M+29.1%

Cash flow

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Operating cash flow-$2.8M-133%
CapEx$4.2M+41.3%
Free cash flow-$6.9M-229%

Valuation & ratios

Valuation

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Market cap$750.8M+122%
Enterprise value$779.36M+110%
P/S1.4×+0.7×

Profitability

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Gross margin8.9%-2.9pp
Operating margin-2.4%-9.3pp
Net margin-2.9%-7.0pp
FCF margin2.8%-10.7pp

Returns & leverage

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Return on equity-6.8%-16.2pp
Debt / equity0.1×0.0×
Current ratio1.6×0.0×

Segments

By product

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Fabrication$81.5M+20.1%
Performance Structures$44.5M+2.8%
Tubes$16.1M-2.5%
Tank$6.7M-32.1%
Outdoor Sports$1.6M-10.9%

Competitors

Profile

Mayville Engineering Company (MEC) is a leading U.S.-based, vertically integrated manufacturing partner providing end-to-end solutions from design and prototyping to fabrication and assembly. The company serves as a Tier I supplier of highly engineered metal components and aluminum extrusions for major original equipment manufacturers (OEMs). Its value proposition centers on a one-source solution that manages the entire product lifecycle, including complex manufacturing processes and aftermarket components.

Competitive position

MEC is the largest fabricator in the United States by volume and capacity, maintaining a dominant Tier I supplier position through a vertically integrated, multi-facility footprint.

GeographiesUnited States
Customer segmentsHeavy-duty commercial vehicle manufacturers, Agricultural equipment OEMs, Defense and military agencies, Data center operators
Business modelContract Manufacturing, Tier I OEM Supplier, B2B Manufacturing Services
SuppliersRaw metal suppliers (steel, aluminum), Automation and robotics technology providers, Energy and utility providers
CustomersHeavy-duty truck manufacturers, Agricultural machinery producers, Construction and access equipment OEMs, Powersports vehicle brands
Listed2019
Employees2.5K
CEOJagadeesh A. Reddy
Websitemecinc.com
FilingsSEC EDGAR

Questions, answered.

What is Mayville Engineering's market cap?
Mayville Engineering (MEC) has a market capitalization of $750.8M and trades on NYSE.
What is Mayville Engineering's revenue and profitability?
Mayville Engineering generated $555.7M in trailing twelve-month revenue with a net loss of $16.3M, representing a net margin of -2.9%. Gross margin stands at 8.9%, with free cash flow of $15.8M. These figures are based on the Q1 2026 filing.
Who are Mayville Engineering's competitors?
Mayville Engineering's key competitors include Deere & Company, Oshkosh Corporation, PACCAR Inc, and others. These companies compete in similar markets and product categories.
Where is Mayville Engineering headquartered?
Mayville Engineering is headquartered in United States of America and employs approximately 2,500 people. It has been publicly traded since 2019.