Mayville Engineering Company, Inc. financial data

Symbol
MEC on NYSE
Industry
Metal Forgings & Stampings
Location
715 South Street, Mayville, WI
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 180 % -6.82%
Quick Ratio 84.2 % +7.53%
Debt-to-equity 107 % -8.43%
Return On Equity 5.2 % +45.3%
Return On Assets 2.51 % +52.2%
Operating Margin 4.41 % +42.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 20.6M shares +1.65%
Common Stock, Shares, Outstanding 20.3M shares +0.68%
Entity Public Float 247M USD +63.2%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 20.7M shares +1.35%
Weighted Average Number of Shares Outstanding, Diluted 21.1M shares +2.43%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 609M USD +7.13%
Cost of Revenue 530M USD +5.15%
Operating Income (Loss) 26.9M USD +52.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 14.3M USD +65.2%
Income Tax Expense (Benefit) 2.1M USD +212%
Net Income (Loss) Attributable to Parent 12.2M USD +52.9%
Earnings Per Share, Basic 0.58 USD/shares +45%
Earnings Per Share, Diluted 0.59 USD/shares +55.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 178K USD -92.3%
Inventory, Net 61.2M USD -16.6%
Assets, Current 126M USD -20%
Property, Plant and Equipment, Net 164M USD -8.03%
Operating Lease, Right-of-Use Asset 28.5M USD -12.8%
Intangible Assets, Net (Excluding Goodwill) 53.5M USD -12%
Goodwill 92.7M USD 0%
Other Assets, Noncurrent 1.38M USD -48.9%
Assets 466M USD -11.2%
Accounts Payable, Current 48M USD -10.1%
Contract with Customer, Liability, Current 2.33M USD -53.9%
Liabilities, Current 71.4M USD -12.4%
Deferred Income Tax Liabilities, Net 12.8M USD +0.58%
Operating Lease, Liability, Noncurrent 25.6M USD -10.4%
Other Liabilities, Noncurrent 2.2M USD -28.1%
Liabilities 228M USD -23.5%
Retained Earnings (Accumulated Deficit) 44.1M USD +38.3%
Stockholders' Equity Attributable to Parent 238M USD +4.98%
Liabilities and Equity 466M USD -11.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 10.6M USD
Net Cash Provided by (Used in) Financing Activities -8.32M USD -200%
Net Cash Provided by (Used in) Investing Activities -2.67M USD -18.3%
Common Stock, Shares Authorized 75M shares 0%
Common Stock, Shares, Issued 22.3M shares +2.06%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -358K USD -35700%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.09M USD +1770%
Deferred Tax Assets, Gross 25M USD -1.82%
Operating Lease, Liability 33.7M USD -8.38%
Depreciation 30.4M USD +17.6%
Payments to Acquire Property, Plant, and Equipment 2.78M USD +15.2%
Lessee, Operating Lease, Liability, to be Paid 37.5M USD -7.81%
Property, Plant and Equipment, Gross 429M USD +3.46%
Operating Lease, Liability, Current 4.65M USD -8.53%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.15M USD -9.16%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.84M USD +2.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.82M USD -2.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.96M USD +2.92%
Deferred Tax Assets, Operating Loss Carryforwards 4.4M USD -7.95%
Unrecognized Tax Benefits 1.68M USD +336%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.99M USD +7.46%
Operating Lease, Payments 1.48M USD +3.93%
Operating Leases, Future Minimum Payments, Due in Two Years 5.7M USD
Amortization of Intangible Assets 7.29M USD -1.29%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 5.69M USD
Share-based Payment Arrangement, Expense 4.58M USD -1.82%
Operating Leases, Future Minimum Payments, Due in Three Years 5.66M USD
Operating Leases, Future Minimum Payments Due 45.3M USD
Interest Expense 12.8M USD +186%