MEC
Mayville Engineering Company, Inc.
NYSE · USIndustrialsManufacturing - Metal Fabrication
$29.10-5.89%
Price as of Jul 20, 2026
MEC financials
Mayville Engineering Company, Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $546.5M | $581.6M | $588.4M | $539.4M |
| Cost of revenue | $492.5M | $510.5M | $518.7M | $478.3M |
| Gross profit | $54.0M | $71.1M | $69.7M | $61.1M |
| Operating expenses | $57.9M | $26.5M | $49.5M | $35.3M |
| Operating income | -$3.8M | $44.6M | $20.2M | $25.8M |
| Net income | -$8.1M | $26.0M | $7.8M | $18.7M |
| EBITDA | $37.4M | $82.1M | $55.1M | $55.1M |
| Basic EPS | $-0.40 | $1.26 | $0.38 | $0.92 |
| Diluted EPS | $-0.40 | $1.24 | $0.38 | $0.92 |
| Balance sheet | ||||
| Cash & equivalents | $1.5M | $206.0K | $672.0K | $127.0K |
| Total assets | $563.6M | $445.6M | $496.7M | $440.6M |
| Total liabilities | $322.9M | $193.8M | $266.7M | $222.7M |
| Stockholders’ equity | $240.7M | $251.8M | $230.0M | $217.9M |
| Total debt | $25.6M | $110.1M | $181.2M | $109.0M |
| Net debt | $24.1M | $109.8M | $180.5M | $108.9M |
| Cash flow | ||||
| Operating cash flow | $38.6M | $89.8M | $40.4M | $52.4M |
| Capital expenditure | -$11.6M | -$12.1M | -$16.6M | -$58.6M |
| Free cash flow | $26.9M | $77.7M | $23.8M | -$6.2M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | -$4.6M | -$5.9M | -$2.7M | -$4.9M |