Mayville Engineering Company, Inc. financial data

Symbol
MEC on NYSE
Industry
Metal Forgings & Stampings
Location
715 South Street, Mayville, Wisconsin
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 184 % +3.98%
Quick Ratio 85.3 % +17.3%
Debt-to-equity 116 % +4.26%
Return On Equity 4.6 % -23.1%
Return On Assets 2.13 % -24.8%
Operating Margin 4.28 % +13.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 20.6M shares +1.11%
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 20.6M shares +0.53%
Weighted Average Number of Shares Outstanding, Diluted 21M shares +0.99%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 632M USD +15.6%
Cost of Revenue 551M USD +13.4%
Operating Income (Loss) 27M USD +30.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 13.2M USD -10.4%
Income Tax Expense (Benefit) 2.56M USD +58.8%
Net Income (Loss) Attributable to Parent 10.7M USD -18.8%
Earnings Per Share, Basic 0.51 USD/shares -21.5%
Earnings Per Share, Diluted 0.52 USD/shares -17.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 314K USD
Inventory, Net 60.8M USD -9%
Assets, Current 140M USD -41.1%
Property, Plant and Equipment, Net 169M USD +19.4%
Operating Lease, Right-of-Use Asset 29.9M USD -12%
Intangible Assets, Net (Excluding Goodwill) 55.2M USD +36.9%
Goodwill 92.7M USD +29.5%
Other Assets, Noncurrent 1.46M USD -54.2%
Assets 488M USD -7.65%
Accounts Payable, Current 54M USD +3.07%
Contract with Customer, Liability, Current 3.06M USD -44.7%
Liabilities, Current 81.8M USD +3.97%
Deferred Income Tax Liabilities, Net 12.8M USD +1.08%
Operating Lease, Liability, Noncurrent 26.6M USD -10.5%
Other Liabilities, Noncurrent 2.4M USD +251%
Liabilities 250M USD -17.5%
Retained Earnings (Accumulated Deficit) 41.1M USD +35.1%
Stockholders' Equity Attributable to Parent 238M USD +5.64%
Liabilities and Equity 488M USD -7.65%

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 22.1M shares +1.14%
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 30.1M USD +26.5%
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 426M USD +14.6%
Operating Lease, Liability, Current 4.86M USD -3.21%
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 7.73M USD +11.2%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 5.69M USD
Share-based Payment Arrangement, Expense 4.56M USD +31.6%
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%