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Mayville Engineering MEC Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount

Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount at other companies

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Minerals TechnologiesMTX
-$750K

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:IncomeTaxReconciliationStateAndLocalIncomeTaxes.

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 effective income tax rate reconciliation, state and local income taxes, amount?
Mayville Engineering (MEC) reported effective income tax rate reconciliation, state and local income taxes, amount of -$212.25K in Q4 2025.
How has Mayville Engineering's effective income tax rate reconciliation, state and local income taxes, amount changed year-over-year?
Mayville Engineering's effective income tax rate reconciliation, state and local income taxes, amount decreased by 146.1% year-over-year, from $460.75K to -$212.25K.
What is the long-term trend for Mayville Engineering's effective income tax rate reconciliation, state and local income taxes, amount?
Over 4 years (2021 to 2025), Mayville Engineering's effective income tax rate reconciliation, state and local income taxes, amount has grown at a 12.9% compound annual growth rate (CAGR), from $523K to -$849K.
What does effective income tax rate reconciliation, state and local income taxes, amount mean?
The specific dollar impact of state and local income taxes on the company's total tax provision, adjusted for the federal tax benefit of deducting these payments. It highlights the geographic tax burden imposed on the company's operations across different states.