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Mayville Engineering MEC Effective tax rates

Effective tax rates at other companies

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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$616.6M+122%
Enterprise value$643.42M+109%
P/S1.1×+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 us-gaap:EffectiveIncomeTaxRateContinuingOperations.

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

Income tax expense (benefit) was ($992) and ($225), and the effective tax rate (ETR) was 32.13% and 17.02% for the three months ended June 30, 2026 and 2025, respectively. Income tax expense (benefit) was ($4,300) and ($234), and the effective tax rate

Item 1. Financial Statements (Unaudited)

FAQ

What is Mayville Engineering's effective tax rates?
Mayville Engineering (MEC) reported effective tax rates of $0.32 in Q2 2026.
How has Mayville Engineering's effective tax rates changed year-over-year?
Mayville Engineering's effective tax rates increased by 88.8% year-over-year, from $0.17 to $0.32.
What is the long-term trend for Mayville Engineering's effective tax rates?
Over 2 years (2021 to 2025), Mayville Engineering's effective tax rates has grown at a -25.2% compound annual growth rate (CAGR), from $0.71 to -$0.4.
What does effective tax rates mean?
Effective tax rates

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