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Mayville Engineering MEC Changes in unrecognized tax benefits

Changes in unrecognized tax benefits at other companies

Minerals Technologies logo
Minerals TechnologiesMTX
-$25K

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:IncomeTaxReconciliationTaxContingencies.

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 changes in unrecognized tax benefits?
Mayville Engineering (MEC) reported changes in unrecognized tax benefits of $127.25K in Q4 2025.
How has Mayville Engineering's changes in unrecognized tax benefits changed year-over-year?
Mayville Engineering's changes in unrecognized tax benefits increased by 358.6% year-over-year, from $27.75K to $127.25K.
What is the long-term trend for Mayville Engineering's changes in unrecognized tax benefits?
Over 2 years (2023 to 2025), Mayville Engineering's changes in unrecognized tax benefits has grown at a 3.2% compound annual growth rate (CAGR), from $478K to $509K.
What does changes in unrecognized tax benefits mean?
Reflects the financial impact of uncertain tax positions, including reserves for potential tax audits or disputes with taxing authorities. It represents the estimated liability for tax positions that may not be sustained upon examination.