Mayville Engineering Company, Inc. Quarterly Operating Margin in % from Q4 2018 to Q2 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Mayville Engineering Company, Inc. quarterly/annual Operating Margin history and growth rate from Q4 2018 to Q2 2024.
  • Mayville Engineering Company, Inc. Operating Margin for the quarter ending June 30, 2024 was 4.28 %, a 13.2% increase year-over-year.
  • Mayville Engineering Company, Inc. annual Operating Margin for 2023 was 3.43 %, a 28.3% decline from 2022.
  • Mayville Engineering Company, Inc. annual Operating Margin for 2022 was 4.78 %.
  • Mayville Engineering Company, Inc. annual Operating Margin for 2021 was -1.63 %, a 10.5% increase from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 4.28 +0.5 +13.2% Apr 1, 2024 Jun 30, 2024
Q1 2024 3.81 -0.74 -16.2% Jan 1, 2024 Mar 31, 2024
Q4 2023 3.43 -1.35 -28.3% Oct 1, 2023 Dec 31, 2023
Q3 2023 3.1 +1.99 +178% Jul 1, 2023 Sep 30, 2023
Q2 2023 3.78 +4.22 Apr 1, 2023 Jun 30, 2023
Q1 2023 4.56 +5.79 Jan 1, 2023 Mar 31, 2023
Q4 2022 4.78 +6.4 Oct 1, 2022 Dec 31, 2022
Q3 2022 1.12 -1.24 -52.7% Jul 1, 2022 Sep 30, 2022
Q2 2022 -0.44 -2.76 -119% Apr 1, 2022 Jun 30, 2022
Q1 2022 -1.23 -0.13 -11.8% Jan 1, 2022 Mar 31, 2022
Q4 2021 -1.63 +0.19 +10.5% Oct 1, 2021 Dec 31, 2021
Q3 2021 2.35 +5.55 Jul 1, 2021 Sep 30, 2021
Q2 2021 2.31 +1.99 +616% Apr 1, 2021 Jun 30, 2021
Q1 2021 -1.11 +0.23 +17.3% Jan 1, 2021 Mar 31, 2021
Q4 2020 -1.82 -1.44 -382% Oct 1, 2020 Dec 31, 2020
Q3 2020 -3.2 -4.03 -484% Jul 1, 2020 Sep 30, 2020
Q2 2020 0.32 +1.04 Apr 1, 2020 Jun 30, 2020
Q1 2020 -1.33 -6.89 -124% Jan 1, 2020 Mar 31, 2020
Q4 2019 -0.38 -6.63 -106% Oct 1, 2019 Dec 31, 2019
Q3 2019 0.83 Jul 1, 2019 Sep 30, 2019
Q2 2019 -0.71 Apr 1, 2019 Jun 30, 2019
Q1 2019 5.56 Jan 1, 2019 Mar 31, 2019
Q4 2018 6.25 Oct 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.