| Name | Market Cap | Current Price | P/E Ratio | Revenue Growth 1Y | Net Margin | ROE | FCF Yield | Debt/Equity |
|---|---|---|---|---|---|---|---|---|
| WORWorthington Industries, Inc. | 2.7B | 54.51 | 28.39 | -7.4% | 8.46% | 11% | 5.89% | 0.35 |
| MLIMueller Industries, Inc. | 14.52B | 130.76 | 24.58 | 10.19% | 18.1% | 24.2% | 3.9% | 0.01 |
| MECMayville Engineering Company, Inc. | 385.44M | 18.97 | 15.30 | -1.16% | 2.29% | 4.99% | 20.16% | 0.44 |
| GIFIGulf Island Fabrication, Inc. | 191.98M | 12.00 | 13.64 | 5.38% | 5.46% | 9.66% | 6.72% | 0.20 |
| TGTredegar Corporation | 282.16M | 8.11 | -4.31 | 4.31% | -9.14% | -26.61% | 3.96% | 0.43 |
| RYIRyerson Holding Corporation | 960.24M | 29.81 | -114.65 | -9.98% | -0.51% | -2.86% | 10.97% | 1.03 |
| Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 313.33M | 354.53M | 519.7M | 357.61M | 454.83M | 539.39M | 588.42M | 581.6M |
| Revenue Growth % | - | 0.13% | 0.47% | -0.31% | 0.27% | 0.19% | 0.09% | -0.01% |
| Cost of Goods Sold | 278.59M | 303.95M | 460.99M | 326.11M | 403.45M | 478.32M | 518.72M | 510.51M |
| COGS % of Revenue | 0.89% | 0.86% | 0.89% | 0.91% | 0.89% | 0.89% | 0.88% | 0.88% |
| Gross Profit | 34.74M | 50.58M | 58.72M | 31.5M | 51.38M | 61.07M | 69.7M | 71.1M |
| Gross Margin % | 0.11% | 0.14% | 0.11% | 0.09% | 0.11% | 0.11% | 0.12% | 0.12% |
| Gross Profit Growth % | - | 0.46% | 0.16% | -0.46% | 0.63% | 0.19% | 0.14% | 0.02% |
| Operating Expenses | 25.31M | 28.41M | 60.68M | 38M | 58.77M | 35.3M | 49.51M | 26.54M |
| OpEx % of Revenue | 0.08% | 0.08% | 0.12% | 0.11% | 0.13% | 0.07% | 0.08% | 0.05% |
| Selling, General & Admin | 21.55M | 24.31M | 56.02M | 27.29M | 31.91M | 32.69M | 41.77M | 45.11M |
| SG&A % of Revenue | 0.07% | 0.07% | 0.11% | 0.08% | 0.07% | 0.06% | 0.07% | 0.08% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 3.76M | 4.1M | 4.65M | 10.71M | 26.86M | 2.61M | 7.74M | -18.57M |
| Operating Income | 9.43M | 22.17M | -1.96M | -6.5M | -7.39M | 25.77M | 20.19M | 44.55M |
| Operating Margin % | 0.03% | 0.06% | -0% | -0.02% | -0.02% | 0.05% | 0.03% | 0.08% |
| Operating Income Growth % | - | 1.35% | -1.09% | -2.32% | -0.14% | 4.49% | -0.22% | 1.21% |
| EBITDA | 30.16M | 42.64M | 31.04M | 25.59M | 24.39M | 55.09M | 55.27M | 82.14M |
| EBITDA Margin % | 0.1% | 0.12% | 0.06% | 0.07% | 0.05% | 0.1% | 0.09% | 0.14% |
| EBITDA Growth % | - | 0.41% | -0.27% | -0.18% | -0.05% | 1.26% | 0% | 0.49% |
| D&A (Non-Cash Add-back) | 20.73M | 20.47M | 33M | 32.09M | 31.78M | 29.31M | 35.08M | 37.59M |
| EBIT | 9.43M | 22.73M | -2.11M | -6.5M | -7.39M | 25.77M | 19.98M | 44.55M |
| Net Interest Income | -4.18M | -3.88M | -6.73M | -2.67M | -2M | -3.38M | -11.09M | -10.99M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 4.18M | 3.88M | 6.73M | 2.67M | 2M | 3.38M | 11.09M | 10.99M |
| Other Income/Expense | -4.18M | -4.69M | -6.88M | -2.67M | -2M | -3.38M | -11.31M | -10.99M |
| Pretax Income | 5.25M | 17.48M | -8.84M | -9.17M | -9.39M | 22.39M | 8.88M | 33.56M |
| Pretax Margin % | 0.02% | 0.05% | -0.02% | -0.03% | -0.02% | 0.04% | 0.02% | 0.06% |
| Income Tax | 0 | -459K | -4.09M | -2.07M | -1.94M | 3.67M | 1.04M | 7.6M |
| Effective Tax Rate % | 1% | 1.03% | 0.54% | 0.77% | 0.79% | 0.84% | 0.88% | 0.77% |
| Net Income | 5.25M | 17.93M | -4.75M | -7.09M | -7.45M | 18.73M | 7.84M | 25.97M |
| Net Margin % | 0.02% | 0.05% | -0.01% | -0.02% | -0.02% | 0.03% | 0.01% | 0.04% |
| Net Income Growth % | - | 2.42% | -1.27% | -0.49% | -0.05% | 3.51% | -0.58% | 2.31% |
| Net Income (Continuing) | 5.25M | 17.93M | -4.75M | -7.09M | -7.45M | 18.73M | 7.84M | 25.97M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.27 | 0.91 | -0.27 | -0.36 | -0.37 | 0.92 | 0.38 | 1.24 |
| EPS Growth % | - | 2.37% | -1.3% | -0.33% | -0.03% | 3.49% | -0.59% | 2.26% |
| EPS (Basic) | 0.27 | 0.91 | -0.27 | -0.36 | -0.37 | 0.92 | 0.38 | 1.26 |
| Diluted Shares Outstanding | 19.69M | 19.69M | 17.45M | 19.9M | 20.83M | 20.68M | 20.7M | 20.97M |
| Basic Shares Outstanding | 19.69M | 19.69M | 17.45M | 19.9M | 20.4M | 20.4M | 20.42M | 20.61M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
| Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 64.17M | 112.76M | 90.48M | 89.25M | 132.57M | 141.3M | 134.62M | 112.94M |
| Cash & Short-Term Investments | 76K | 3.09M | 1K | 121K | 118K | 127K | 672K | 206K |
| Cash Only | 76K | 3.09M | 1K | 121K | 118K | 127K | 672K | 206K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 26.39M | 52.3M | 40.19M | 42.08M | 55.42M | 58M | 57.45M | 49.78M |
| Days Sales Outstanding | 30.74 | 53.84 | 28.23 | 42.95 | 44.47 | 39.25 | 35.63 | 31.24 |
| Inventory | 35.38M | 53.41M | 45.69M | 41.37M | 70.16M | 71.71M | 67.78M | 54.76M |
| Days Inventory Outstanding | 46.36 | 64.13 | 36.18 | 46.3 | 63.47 | 54.72 | 47.7 | 39.15 |
| Other Current Assets | 1.49M | 2.32M | 1.59M | 3.13M | 3.95M | 11.47M | 8.72M | 8.2M |
| Total Non-Current Assets | 150.14M | 278.97M | 273.11M | 249.28M | 246.91M | 299.28M | 362.04M | 332.63M |
| Property, Plant & Equipment | 90.82M | 125.84M | 128.29M | 109.27M | 120.75M | 181.84M | 207.98M | 185.14M |
| Fixed Asset Turnover | 3.45x | 2.82x | 4.05x | 3.27x | 3.77x | 2.97x | 2.83x | 3.14x |
| Goodwill | 40.2M | 69.44M | 71.53M | 71.53M | 71.53M | 71.53M | 92.65M | 92.65M |
| Intangible Assets | 18.84M | 82.88M | 72.17M | 61.47M | 50.76M | 43.81M | 58.67M | 51.73M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 280K | 814K | 1.11M | 7.01M | 3.87M | 2.09M | 2.74M | 3.1M |
| Total Assets | 214.32M | 391.73M | 363.58M | 338.53M | 379.47M | 440.58M | 496.66M | 445.57M |
| Asset Turnover | 1.46x | 0.91x | 1.43x | 1.06x | 1.20x | 1.22x | 1.18x | 1.31x |
| Asset Growth % | - | 0.83% | -0.07% | -0.07% | 0.12% | 0.16% | 0.13% | -0.1% |
| Total Current Liabilities | 41.88M | 83.16M | 48.19M | 52.74M | 77.37M | 102.45M | 71.71M | 64.59M |
| Accounts Payable | 19.49M | 45.99M | 32.17M | 33.49M | 50.12M | 53.73M | 46.53M | 39.12M |
| Days Payables Outstanding | 25.54 | 55.23 | 25.47 | 37.49 | 45.34 | 41 | 32.74 | 27.97 |
| Short-Term Debt | 8.03M | 8.61M | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 9.67M | 8.43M | 18.57M | 36.57M | 13.75M | 15.46M |
| Current Ratio | 1.53x | 1.36x | 1.88x | 1.69x | 1.71x | 1.38x | 1.88x | 1.75x |
| Quick Ratio | 0.69x | 0.71x | 0.93x | 0.91x | 0.81x | 0.68x | 0.93x | 0.90x |
| Cash Conversion Cycle | 51.56 | 62.75 | 38.93 | 51.76 | 62.6 | 52.96 | 50.59 | 42.42 |
| Total Non-Current Liabilities | 79.55M | 205.57M | 114.5M | 84.94M | 103.83M | 120.27M | 194.97M | 129.22M |
| Long-Term Debt | 67.57M | 171.3M | 72.57M | 45.26M | 67.61M | 72.24M | 147.49M | 79.72M |
| Capital Lease Obligations | 0 | 1.7M | 2.69M | 2.06M | 0 | 31.89M | 28.61M | 25.41M |
| Deferred Tax Liabilities | 0 | 19.12M | 14.19M | 11.89M | 8.64M | 11.82M | 12.61M | 16.83M |
| Other Non-Current Liabilities | 11.98M | 100K | 25.05M | 25.73M | 27.58M | 4.32M | 6.27M | 7.26M |
| Total Liabilities | 121.43M | 288.74M | 162.69M | 137.68M | 181.2M | 222.71M | 266.68M | 193.82M |
| Total Debt | 75.6M | 181.89M | 75.86M | 47.94M | 67.61M | 108.98M | 181.16M | 110.05M |
| Net Debt | 75.52M | 178.8M | 75.86M | 47.82M | 67.49M | 108.86M | 180.49M | 109.84M |
| Debt / Equity | 0.81x | 1.77x | 0.38x | 0.24x | 0.34x | 0.50x | 0.79x | 0.44x |
| Debt / EBITDA | 2.51x | 4.27x | 2.44x | 1.87x | 2.77x | 1.98x | 3.28x | 1.34x |
| Net Debt / EBITDA | 2.50x | 4.19x | 2.44x | 1.87x | 2.77x | 1.98x | 3.27x | 1.34x |
| Interest Coverage | 2.26x | 5.72x | -0.29x | -2.44x | -3.69x | 7.63x | 1.82x | 4.05x |
| Total Equity | 92.89M | 102.99M | 200.9M | 200.86M | 198.27M | 217.87M | 229.98M | 251.75M |
| Equity Growth % | - | 0.11% | 0.95% | -0% | -0.01% | 0.1% | 0.06% | 0.09% |
| Book Value per Share | 4.72 | 5.23 | 11.51 | 10.09 | 9.52 | 10.53 | 11.11 | 12.00 |
| Total Shareholders' Equity | 92.89M | 102.99M | 200.9M | 200.86M | 198.27M | 217.87M | 229.98M | 251.75M |
| Common Stock | 125.04M | 133.81M | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 17.67M | 26.84M | 22.09M | 15M | 7.55M | 26.27M | 34.12M | 60.09M |
| Treasury Stock | -49.83M | -57.66M | -4.88M | -4.93M | -6.46M | -9.35M | -9.51M | -15.41M |
| Accumulated OCI | -126.53M | -142.52M | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 30.8M | 36.72M | 33.4M | 36.52M | 14.46M | 52.43M | 40.36M | 89.81M |
| Operating CF Margin % | 0.1% | 0.1% | 0.06% | 0.1% | 0.03% | 0.1% | 0.07% | 0.15% |
| Operating CF Growth % | - | 0.19% | -0.09% | 0.09% | -0.6% | 2.63% | -0.23% | 1.22% |
| Net Income | 5.25M | 17.93M | -4.75M | -7.09M | -7.45M | 18.73M | 7.84M | 25.97M |
| Depreciation & Amortization | 20.73M | 20.47M | 33M | 32.09M | 31.78M | 29.31M | 35.08M | 37.59M |
| Stock-Based Compensation | 5.13M | 5.65M | 3.49M | 4.73M | 4.96M | 3.76M | 4.49M | 5.19M |
| Deferred Taxes | 0 | 0 | 11.17M | 0 | 0 | 0 | 0 | 4.22M |
| Other Non-Cash Items | 977K | 5.83M | -5.67M | 2.56M | 13.75M | -3.86M | -12.29M | 1.47M |
| Working Capital Changes | 3.85M | -7.52M | -3.83M | 4.24M | -28.59M | 4.49M | 5.24M | 15.37M |
| Change in Receivables | 2.57M | 1.04M | 11.85M | -2.66M | -12.67M | -2.5M | 7.79M | 8.1M |
| Change in Inventory | -2.48M | -6.87M | 8.89M | 4.25M | -27.9M | -1.63M | 16M | 13.25M |
| Change in Payables | 2.08M | 834K | -11.01M | 515K | 11.84M | 9.36M | -9.44M | -7.99M |
| Cash from Investing | -11.23M | -132.57M | -28.09M | -5.77M | -33.96M | -50.67M | -104.13M | -11.71M |
| Capital Expenditures | -11.26M | -17.88M | -25.8M | -7.79M | -39.31M | -58.61M | -16.6M | -12.1M |
| CapEx % of Revenue | 0.04% | 0.05% | 0.05% | 0.02% | 0.09% | 0.11% | 0.03% | 0.02% |
| Acquisitions | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 24K | 10K | 76K | 2.02M | 5.35M | 7.94M | 1.06M | 386K |
| Cash from Financing | -19.63M | 98.87M | -8.4M | -30.63M | 19.5M | -1.75M | 64.31M | -78.56M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | - | - | - | - | - | - | - | - |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | - | - | - | - | - | - | - | - |
| Other Financing | -412K | -2.17M | 101.76M | -207K | 113K | 0 | -1.21M | -3.48M |
| Net Change in Cash | - | - | - | - | - | - | - | - |
| Free Cash Flow | 19.54M | 18.84M | 7.61M | 28.73M | -24.85M | -6.18M | 23.77M | 77.71M |
| FCF Margin % | 0.06% | 0.05% | 0.01% | 0.08% | -0.05% | -0.01% | 0.04% | 0.13% |
| FCF Growth % | - | -0.04% | -0.6% | 2.78% | -1.87% | 0.75% | 4.84% | 2.27% |
| FCF per Share | 0.99 | 0.96 | 0.44 | 1.44 | -1.19 | -0.30 | 1.15 | 3.71 |
| FCF Conversion (FCF/Net Income) | 5.87x | 2.05x | -7.03x | -5.15x | -1.94x | 2.80x | 5.15x | 3.46x |
| Interest Paid | 0 | 4.12M | 6.63M | 3.01M | 2.12M | 3.67M | 10.67M | 10.27M |
| Taxes Paid | 0 | 54K | 544K | 744K | 1.55M | 704K | 513K | 1.37M |
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 5.65% | 18.31% | -3.13% | -3.53% | -3.73% | 9% | 3.5% | 10.78% |
| Return on Invested Capital (ROIC) | - | 7.39% | -0.53% | -1.85% | -2.15% | 6.53% | 4.11% | 8.66% |
| Gross Margin | 11.09% | 14.27% | 11.3% | 8.81% | 11.3% | 11.32% | 11.85% | 12.22% |
| Net Margin | 1.67% | 5.06% | -0.91% | -1.98% | -1.64% | 3.47% | 1.33% | 4.46% |
| Debt / Equity | 0.81x | 1.77x | 0.38x | 0.24x | 0.34x | 0.50x | 0.79x | 0.44x |
| Interest Coverage | 2.26x | 5.72x | -0.29x | -2.44x | -3.69x | 7.63x | 1.82x | 4.05x |
| FCF Conversion | 5.87x | 2.05x | -7.03x | -5.15x | -1.94x | 2.80x | 5.15x | 3.46x |
| Revenue Growth | - | 13.15% | 46.59% | -31.19% | 27.19% | 18.59% | 9.09% | -1.16% |
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Fabrication | 334.34M | 227.48M | 295.99M | 324.25M | 342.69M | 307.55M |
| Fabrication Growth | - | -31.96% | 30.12% | 9.55% | 5.69% | -10.25% |
| Performance Structures | 71.88M | 60.6M | 73.21M | 109.89M | 136.82M | 172.92M |
| Performance Structures Growth | - | -15.70% | 20.81% | 50.11% | 24.51% | 26.39% |
| Tubes | 71.11M | 49.87M | 58.75M | 73.87M | 76.32M | 70M |
| Tubes Growth | - | -29.87% | 17.81% | 25.73% | 3.32% | -8.28% |
| Tank | 40.03M | 19.43M | 25.82M | 38.25M | 43.95M | 44.17M |
| Tank Growth | - | -51.46% | 32.86% | 48.15% | 14.91% | 0.51% |
| Outdoor Sports | 7.18M | 7.22M | 10.04M | 9.5M | 9.02M | 7.9M |
| Outdoor Sports Growth | - | 0.61% | 38.95% | -5.39% | -5.06% | -12.34% |
Mayville Engineering Company, Inc. (MEC) has a price-to-earnings (P/E) ratio of 15.3x. This is roughly in line with market averages.
Mayville Engineering Company, Inc. (MEC) reported $533.5M in revenue for fiscal year 2024. This represents a 70% increase from $313.3M in 2017.
Mayville Engineering Company, Inc. (MEC) saw revenue decline by 1.2% over the past year.
Yes, Mayville Engineering Company, Inc. (MEC) is profitable, generating $12.2M in net income for fiscal year 2024 (4.5% net margin).
Mayville Engineering Company, Inc. (MEC) has a return on equity (ROE) of 10.8%. This is reasonable for most industries.
Mayville Engineering Company, Inc. (MEC) generated $52.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.