Mayville Engineering Company

About Mayville Engineering Company

Mayville Engineering Co Inc is involved in a manufacturing partner providing a full suite of manufacturing solutions from concept to production, including design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly, and aftermarket components. Its customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, powersports, agriculture, military, and other end markets. Its services comprise stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly, and logistic services.

Ticker

$MEC

Sector

Industrials

Primary listing

NYSE

Employees

2,400

Headquarters

Milwaukee, United States

Website

www.mecinc.com

MEC Metrics

BasicAdvanced

$882m

-

-$0.80

1.22

-

What the Analysts think about MEC

Analyst ratings (Buy, Hold, Sell) for Mayville Engineering Company stock.

Bulls say / Bears say

Q1 2026 net sales increased 6.8% year-over-year to $144.8 million, reflecting growing demand across core end markets including the newly acquired Accu-Fab business (Business Wire).

Adjusted diluted EPS of ($0.15) in Q1 2026 surpassed the consensus estimate of ($0.28), highlighting better-than-expected operational leverage as key projects ramp (MarketBeat).

The company secured $50 million in Datacenter & Critical Power project awards during Q1 2026, evidencing success in high-growth segments with stronger margin potential (Business Wire).

Mayville Engineering generated negative free cash flow of ($6.9) million in Q1 2026, indicating continued cash burn as the company invests in project launches and capacity expansion (Business Wire).

The ratio of net debt to trailing twelve-month Adjusted EBITDA rose to 4.4x as of March 31, 2026, suggesting elevated leverage that may limit strategic flexibility (Business Wire).

Adjusted EBITDA margin contracted sharply to 4.5% in Q1 2026 from 9.0% a year earlier, underscoring margin pressures from upfront investments and softer legacy market demand (Business Wire).

Data summarised monthly by Lightyear AI. Last updated on 30 Jun 2026.

MEC Financial Performance

Revenues and expenses

Income statement
QuarterlyAnnual	Q3 24	QoQ growth
Revenue	$37bn	-39.75%
Net income	$45bn	107.52%
Profit margin	37.65%	6.78%

MEC Earnings Performance

Company profitability

Earnings per share
QuarterlyAnnual	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Actual	$3.69	$2.85	$2.45	$2.42	-
Expected	$3.55	$2.61	$2.05	$2.31	$3.94
Surprise	3.94%	9.20%	19.51%	4.63%	-

MEC News

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