Financial Snapshot

Revenue
$608.9M
TTM
Gross Margin
12.87%
TTM
Net Earnings
$12.22M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
176.88%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$238.4M
Q3 2024
Cash
Q3 2024
P/E
28.73
Nov 29, 2024 EST
Free Cash Flow
$61.98M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $588.4M $539.4M $454.8M $357.6M $519.7M $354.5M $313.3M
YoY Change 9.09% 18.59% 27.19% -31.19% 46.6% 13.14%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $588.4M $539.4M $454.8M $357.6M $519.7M $354.5M $313.3M
Cost Of Revenue $518.7M $478.3M $402.1M $326.1M $461.0M $303.9M $278.6M
Gross Profit $69.70M $61.07M $52.75M $31.50M $58.72M $50.60M $34.70M
Gross Profit Margin 11.85% 11.32% 11.6% 8.81% 11.3% 14.27% 11.07%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $41.77M $32.69M $31.91M $27.30M $56.00M $24.30M $21.60M
YoY Change 27.78% 2.44% 16.88% -51.25% 130.45% 12.5%
% of Gross Profit 59.93% 53.53% 60.49% 86.66% 95.37% 48.02% 62.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $27.34M $22.36M $21.08M $21.38M $22.30M $16.37M $16.98M
YoY Change 22.27% 6.08% -1.43% -4.09% 36.18% -3.55%
% of Gross Profit 39.22% 36.61% 39.96% 67.88% 37.97% 32.36% 48.92%
Operating Expenses $49.51M $39.64M $42.61M $38.00M $66.70M $28.50M $25.30M
YoY Change 24.9% -6.98% 12.14% -43.03% 134.04% 12.65%
Operating Profit $20.19M $25.77M $10.13M -$6.498M -$1.958M $22.17M $9.426M
YoY Change -21.66% 154.33% -255.96% 231.87% -108.83% 135.19%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $11.09M $3.380M -$2.003M -$2.700M $6.728M $3.879M $4.180M
YoY Change 228.17% -268.75% -25.81% -140.13% 73.45% -7.2%
% of Operating Profit 54.94% 13.11% -19.77% 17.5% 44.35%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income $8.883M $22.39M -$9.394M -$9.200M -$8.840M $17.48M $5.246M
YoY Change -60.33% -338.39% 2.11% 4.07% -150.58% 233.13%
Income Tax $1.039M $3.667M -$1.943M -$2.074M -$4.088M -$459.0K $0.00
% Of Pretax Income 11.7% 16.37% -2.63% 0.0%
Net Earnings $7.844M $18.73M -$7.451M -$7.092M -$4.753M $17.94M $5.246M
YoY Change -58.11% -351.34% 5.06% 49.21% -126.5% 241.88%
Net Earnings / Revenue 1.33% 3.47% -1.64% -1.98% -0.91% 5.06% 1.67%
Basic Earnings Per Share $0.38 $0.92 -$0.37 -$0.36
Diluted Earnings Per Share $0.38 $0.91 -$0.36 -$0.36 -$275.9K $908.6K $264.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $672.0K $127.0K $118.0K $100.0K $0.00 $3.100M $100.0K
YoY Change 429.13% 7.63% 18.0% -100.0% 3000.0%
Cash & Equivalents $672.0K $127.0K $118.0K $100.0K $0.00 $3.100M $100.0K
Short-Term Investments
Other Short-Term Assets $3.267M $3.529M $2.924M $2.600M $3.000M $1.600M $800.0K
YoY Change -7.42% 20.69% 12.46% -13.33% 87.5% 100.0%
Inventory $73.24M $79.65M $74.11M $44.50M $47.30M $55.70M $36.90M
Prepaid Expenses
Receivables $57.45M $58.00M $55.42M $42.10M $40.20M $52.30M $26.40M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $100.0K $0.00
Total Short-Term Assets $134.6M $141.3M $132.6M $89.20M $90.50M $112.8M $64.20M
YoY Change -4.73% 6.59% 48.62% -1.44% -19.77% 75.7%
Property, Plant & Equipment $208.0M $181.8M $120.7M $109.3M $128.3M $125.8M $90.80M
YoY Change 14.37% 50.6% 10.47% -14.81% 1.99% 38.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.743M $2.090M $3.865M $7.000M $1.100M $800.0K $300.0K
YoY Change 31.24% -45.92% -44.79% 536.36% 37.5% 166.67%
Total Long-Term Assets $362.0M $299.3M $246.9M $249.3M $273.1M $278.9M $150.1M
YoY Change 20.97% 21.21% -0.96% -8.71% -2.08% 85.81%
Total Assets $496.7M $440.6M $379.5M $338.5M $363.6M $391.7M $214.3M
YoY Change
Accounts Payable $46.53M $53.74M $50.12M $33.50M $32.20M $46.00M $19.50M
YoY Change -13.42% 7.21% 49.61% 4.04% -30.0% 135.9%
Accrued Expenses $14.83M $37.07M $13.97M $13.30M $12.00M $13.70M $8.600M
YoY Change -60.0% 165.28% 5.06% 10.83% -12.41% 59.3%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $941.0K $388.0K $315.0K $600.0K $600.0K $8.900M $8.000M
YoY Change 142.53% 23.17% -47.5% 0.0% -93.26% 11.25%
Total Short-Term Liabilities $71.71M $102.4M $77.37M $52.70M $48.20M $83.20M $41.90M
YoY Change -30.0% 32.41% 46.82% 9.34% -42.07% 98.57%
Long-Term Debt $147.5M $73.02M $68.50M $47.30M $75.30M $173.0M $67.60M
YoY Change 101.99% 6.6% 44.82% -37.18% -56.47% 155.92%
Other Long-Term Liabilities $34.88M $35.43M $26.69M $25.70M $25.00M $13.50M $12.00M
YoY Change -1.56% 32.75% 3.84% 2.8% 85.19% 12.5%
Total Long-Term Liabilities $182.4M $108.4M $95.19M $73.00M $100.3M $186.5M $79.60M
YoY Change 68.16% 13.93% 30.4% -27.22% -46.22% 134.3%
Total Liabilities $266.7M $222.7M $181.2M $137.7M $162.7M $288.7M $121.4M
YoY Change 19.74% 22.91% 31.59% -15.37% -43.64% 137.81%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 20.42M 20.40M 20.40M 19.90M 17.45M
Diluted Shares Outstanding 20.70M 20.68M 20.83M 19.90M 17.45M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $351.16 Million

About Mayville Engineering Company, Inc.

Mayville Engineering Co., Inc. engages in the manufacture of metal components. The company is headquartered in Mayville, Wisconsin and currently employs 2,500 full-time employees. The company went IPO on 2019-05-09. Its customers operate in diverse end markets, such as heavy-and medium-duty commercial vehicles, construction and access equipment, powersports, agriculture, military and other end markets. Its capabilities include metal fabrication, metal stamping, aluminum extrusion and fabrication, tube bending and forming, robotic part forming, robotic welding, resistance welding, five-axis tube and fiber laser cutting and custom coatings, including high heat and chemical agent resistant coating painting, are used in a variety of applications. The company serves its customers through 23 strategically located United States facilities, across seven states, with over three million square feet of manufacturing capacity.

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