Skip to content

Mayville Engineering MEC Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin9.8%-2.4pp12.2%+0.4pp11.8%+0.4pp11.4%+0.1pp
Operating margin-0.7%-8.4pp7.7%+4.2pp3.4%-1.3pp4.8%+6.4pp
Net margin-1.5%-5.9pp4.5%+3.1pp1.3%-2.1pp3.5%+5.1pp
EBITDA margin6.9%-7.3pp14.1%+4.7pp9.4%-0.8pp10.2%+4.8pp
Free cash flow margin5.1%-8.2pp13.4%+9.3pp4%
Returns
Return on equity-3.3%-14.1pp10.8%+7.3pp3.5%-5.5pp9%+12.7pp
Return on assets-1.6%-7.1pp5.5%+3.8pp1.7%-2.9pp4.6%+6.6pp
Return on invested capital-1.4%-14.0pp12.6%+4.8pp7.8%-3.6pp11.4%+15.0pp
Efficiency
Asset turnover1.1×-0.2×1.2×0.0×1.3×-0.1×1.3×0.0×
Inventory turnover8.6×+0.3×8.3×+0.9×7.4×+0.7×6.7×-0.5×
Liquidity
Current ratio1.7×0.0×1.7×-0.1×1.9×+0.5×1.4×-0.3×
Quick ratio0.9×0.0×0.9×0.0×0.9×+0.3×0.7×-0.1×
Cash ratio0.0×0.0×0.0×0.0×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.2×0.0×0.2×+0.2×
Debt-to-assets0.1×0.0×0.1×0.0×0.1×0.0×0.1×+0.1×
Net debt / EBITDA0.9×+0.5×0.4×-0.2×0.6×-0.1×0.7×+0.7×
Interest coverage-0.4×-4.4×4.1×+2.2×1.8×-5.8×7.6×+11.3×
Per Share
Book value per share$11.76-2.0%$12.00+8.0%$11.11+5.5%$10.53+10.7%
Valuation
Market capitalization$899.68M+175%$324.53M+10.3%$294.31M+15.2%$255.39M-16.2%
Enterprise value$928.24M+161%$355.34M+8.3%$328.23M+12.0%$293.18M-3.8%
Price / sales1.6×+1.0×0.6×+0.1×0.5×0.0×0.5×-0.2×
Price / book3.9×+2.6×1.3×0.0×1.3×+0.1×1.2×-0.4×
EV / EBITDA31.3×+26.6×4.3×-1.6×5.9×+0.6×5.3×-7.2×
EV / sales1.7×+1.0×0.6×+0.1×0.6×0.0×0.5×-0.1×
Free cash flow yield1.8%-21.3pp23.9%+15.9pp8.1%
Earnings yield-1.8%-8.8pp8%+5.3pp2.7%-4.7pp7.3%+9.8pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Mayville Engineering's profit margins?
Mayville Engineering (MEC) runs a 8.9% gross margin and a -2.4% operating margin, with a -2.9% net margin.
Where do Mayville Engineering's ratios come from?
Every ratio is computed from Mayville Engineering's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.