Mayville Engineering Company, Inc. (MEC)

From the record

Mayville Engineering Company, Inc.'s filings since 2019 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Mayville Engineering Company, Inc.'s 9 filed years say what it did: revenue went from $313 million in fiscal 2017 to $546 million in fiscal 2025, up 7.2% a year; it rose in 5 of 8 years; the deepest fall was 31% from fiscal 2019 to fiscal 2020; net income was positive in 5 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Mayville Engineering Company, Inc.'s diluted share count shrank about 0.3% a year, and dividends and buybacks returned about 8% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 15 sales (6 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Mayville Engineering Company, Inc. lost about 3 cents for every dollar of shareholders' money, and gross profitability: its products earned about 10 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 57 cents per dollar of assets, and net share issuance: its share count shrank 2.4% over the year (the filed statements).

From the record

Mayville Engineering Company, Inc.'s standing among 35 graded names in its industry family: revenue of $546 million in fiscal 2025 ranks in the bottom 47% by size; a net margin of -1.5% ranks in the bottom 27%; revenue growth of 0.4% a year over the last 3 filed years ranks in the top 43% (its annual reports).

From the record

Mayville Engineering Company, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Reddy, Jagadeesh A (President & CEO, as filed), filing under that title since 2022-07-20, 4.3 years (top 46% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 4.1 years (bottom 21%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 40%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Mayville Engineering Company, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $2 million against no long-term debt tagged leaves 0.3% of its assets as net cash, bottom 44% of its family; cash from operations less capital spending is 4.9% of revenue (bottom 39%); a gross margin of 9.9% (bottom 5%) (its annual report).

From the record

Mayville Engineering Company, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 0.4% a year over the last three filed years against 7.2% over all 9, slowing (bottom 29% of its family); the newest year grew -6% (bottom 13%); capital spending grew -41.6% a year (bottom 5%) (its annual reports). Mayville Engineering Company, Inc. reported 4 product lines in fiscal 2025: Fabrication at $282 million (51%), Performance Structures at $168 million (30%), Tubes at $71 million (13%), and 1 more; 1 of 4 grew against the year before (its annual report).

From the record

Mayville Engineering Company, Inc.'s newest year against its own record: revenue of $546 million in fiscal 2025 came in 9.5% below the $604 million its prior three years' pace pointed to (bottom 10% of its family); net income of $8 million against a prior three-year average of $18 million (bottom 10%); a net margin of -1.5% against 3.1% before (bottom 25%) (its annual reports).