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Mayville Engineering MEC Current State And Local Tax Expense Benefit

Current State And Local Tax Expense Benefit at other companies

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Minerals TechnologiesMTX
$900K+28.6%

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$899.68M+175%
Enterprise value$928.24M+161%
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 us-gaap:CurrentStateAndLocalTaxExpenseBenefit.

The official record: Mayville Engineering’s 10-K, filed March 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mayville Engineering's current state and local tax expense benefit?
Mayville Engineering (MEC) reported current state and local tax expense benefit of $78.5K in Q4 2025.
How has Mayville Engineering's current state and local tax expense benefit changed year-over-year?
Mayville Engineering's current state and local tax expense benefit decreased by 75.0% year-over-year, from $314.5K to $78.5K.
What is the long-term trend for Mayville Engineering's current state and local tax expense benefit?
Over 4 years (2021 to 2025), Mayville Engineering's current state and local tax expense benefit has grown at a -28.5% compound annual growth rate (CAGR), from $1.2M to $314K.
What does current state and local tax expense benefit mean?
The amount of state and local income tax currently payable or refundable based on the company's operations within specific jurisdictions. This captures the geographic tax burden imposed on the company's earnings.