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Mayville Engineering MEC Operating margin

Operating margin at other companies

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13.5%-2.9pp
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Patrick IndustriesPATK
7%0.0pp
UCT
Ultra Clean HoldingsUCTT
-4.4%-7.9pp
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HexcelHXL
9.5%+0.1pp
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Compass Diversified HoldingsCODI

Other financials

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

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Market cap$876.74M+168%
Enterprise value$905.3M+154%
P/S1.6×+1.0×

Profitability

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Gross margin8.9%-2.9pp
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×

Where this comes from

Calculated from Mayville Engineering’s reported figures.

Based on trailing twelve months.

The official record: Mayville Engineering’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mayville Engineering's operating margin?
Mayville Engineering (MEC) reported operating margin of -2.4% in Q1 2026.
How has Mayville Engineering's operating margin changed year-over-year?
Mayville Engineering's operating margin decreased by 134.1% year-over-year, from 6.9% to -2.4%.
What is the long-term trend for Mayville Engineering's operating margin?
Over 5 years (2020 to 2025), Mayville Engineering's operating margin has grown at a -17.3% compound annual growth rate (CAGR), from -1.8% to -0.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.