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Mayville Engineering MEC Accrued Salaries Wages And Payroll Taxes Current

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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
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×

Where this comes from

Reported directly by Mayville Engineering in its filing.

Tagged under the XBRL concept mec:AccruedSalariesWagesAndPayrollTaxesCurrent.

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 accrued salaries wages and payroll taxes current?
Mayville Engineering (MEC) reported accrued salaries wages and payroll taxes current of $5.94M in Q1 2026.
How has Mayville Engineering's accrued salaries wages and payroll taxes current changed year-over-year?
Mayville Engineering's accrued salaries wages and payroll taxes current decreased by 3.6% year-over-year, from $6.16M to $5.94M.
What is the long-term trend for Mayville Engineering's accrued salaries wages and payroll taxes current?
Over 5 years (2020 to 2025), Mayville Engineering's accrued salaries wages and payroll taxes current has grown at a -23.0% compound annual growth rate (CAGR), from $10.19M to $2.75M.
What does accrued salaries wages and payroll taxes current mean?
Reflects the liability for earned employee compensation and associated payroll taxes that have been incurred but not yet paid at the balance sheet date. This metric serves as an indicator of short-term labor obligations and payroll cycle timing. It is essential for understanding the company's immediate cash requirements for workforce maintenance.