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Mayville Engineering MEC Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations

Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations at other companies

Valvoline logo
ValvolineVVV
$75K-50.0%
Mayville Engineering logo
Mayville EngineeringMEC
$8.25K+32.0%
Taboola.com Ltd. logo
Taboola.com Ltd.TBLA
$578K+1,177%
Clear Channel Outdoor Holdings, Inc. logo
Clear Channel Outdoor Holdings, Inc.CCO
$0-100%
APO
Apogee EnterprisesAPOG
$461K+499%
Blackbaud logo
BlackbaudBLKB
$0

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$876.74M+168%
Enterprise value$905.3M+154%
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:UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations.

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 reductions resulting from lapse of applicable statute of limitations?
Mayville Engineering (MEC) reported unrecognized tax benefits reductions resulting from lapse of applicable statute of limitations of $8.25K in Q4 2024.
How has Mayville Engineering's unrecognized tax benefits reductions resulting from lapse of applicable statute of limitations changed year-over-year?
Mayville Engineering's unrecognized tax benefits reductions resulting from lapse of applicable statute of limitations increased by 32.0% year-over-year, from $6.25K to $8.25K.
What does unrecognized tax benefits reductions resulting from lapse of applicable statute of limitations mean?
The reduction in unrecognized tax benefits caused by the expiration of the statute of limitations for specific tax positions. This indicates the resolution of historical tax uncertainties and the potential release of associated tax reserves.