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Mayville Engineering MEC Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions

Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions at other companies

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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$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:UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions.

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 unrecognized tax benefits decreases resulting from prior period tax positions?
Mayville Engineering (MEC) reported unrecognized tax benefits decreases resulting from prior period tax positions of $239.5K in Q4 2024.
How has Mayville Engineering's unrecognized tax benefits decreases resulting from prior period tax positions changed year-over-year?
Mayville Engineering's unrecognized tax benefits decreases resulting from prior period tax positions increased by 341.5% year-over-year, from $54.25K to $239.5K.
What is the long-term trend for Mayville Engineering's unrecognized tax benefits decreases resulting from prior period tax positions?
Over 2 years (2021 to 2024), Mayville Engineering's unrecognized tax benefits decreases resulting from prior period tax positions has grown at a 1069.9% compound annual growth rate (CAGR), from $7K to $958K.
What does unrecognized tax benefits decreases resulting from prior period tax positions mean?
The decrease in unrecognized tax benefits resulting from the settlement or adjustment of tax positions taken in prior periods. This reflects the finalization of tax audits or the resolution of tax disputes with authorities.