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Mayville Engineering MEC Reinsurance Policy Retention To Limit Aggregate Expense

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Other financials

Income statement

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Revenue$163.0M+23.2%
Gross profit$17.7M+29.9%
Operating income$388.0K+411%
Net income-$2.1M-91.0%
EPS (diluted)-$0.09-80.0%

Balance sheet

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Cash & equivalents$2.2M+969%
Total debt$29.0M-4.9%
Total equity$325.5M+31.9%
Total assets$588.6M+35.7%

Cash flow

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Operating cash flow-$2.8M-133%
CapEx$8.1M+230%
Free cash flow-$6.6M-153%

Valuation

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Market cap$583.7M+110%
Enterprise value$610.53M+98.0%
P/S+0.5×

Profitability

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Gross margin9.1%-1.7pp
Operating margin-2.2%-8.0pp
Net margin-3%-6.4pp
FCF margin-0.6%-13.7pp

Returns & leverage

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Return on equity-6%-13.4pp
Debt / equity0.1×0.0×
Current ratio1.7×+0.1×

Where this comes from

Reported directly by Mayville Engineering in its filing.

Tagged under the XBRL concept mec:ReinsurancePolicyRetentionToLimitAggregateExpense.

The source filing: Mayville Engineering’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091110

The Company is self-funded for the medical benefits provided to its employees and their dependents. Healthcare costs are expensed as incurred and are based upon actual claims paid, reinsurance premiums, administration fees and estimated unpaid claims. The Company has an aggregate stop loss limit to mitigate risk. Expenses related to this contract were $6,043 and $3,642 for the three months ended June 30, 2026 and 2025, respectively and $10,654 and $7,772 for the six months ended June 30, 2026 and 2025. An accrued liability of $986 and $891 was recorded as of June 30, 2026 and December 31, 2025, respectively, for estimated unpaid claims and is included within other current liabilities on the Condensed Consolidated Balance Sheets.

Item 1. Financial Statements (Unaudited)

FAQ

What is Mayville Engineering's reinsurance policy retention to limit aggregate expense?
Mayville Engineering (MEC) reported reinsurance policy retention to limit aggregate expense of $6.04M in Q2 2026.
How has Mayville Engineering's reinsurance policy retention to limit aggregate expense changed year-over-year?
Mayville Engineering's reinsurance policy retention to limit aggregate expense increased by 65.9% year-over-year, from $3.64M to $6.04M.
What is the long-term trend for Mayville Engineering's reinsurance policy retention to limit aggregate expense?
Over 4 years (2021 to 2025), Mayville Engineering's reinsurance policy retention to limit aggregate expense has grown at a 0.7% compound annual growth rate (CAGR), from $18.53M to $19.04M.
What does reinsurance policy retention to limit aggregate expense mean?
Reinsurance Policy Retention To Limit Aggregate Expense as reported by Mayville Engineering Company, Inc..

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