Mayville Engineering Company, Inc. (MEC) Earnings History
Annual and quarterly earnings data from 2017 to 2025
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MEC EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
MEC Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 9.9% | -0.7% | -1.5% |
| 2024 | 12.2% | 7.7% | 4.5% |
| 2023 | 11.8% | 3.4% | 1.3% |
| 2022 | 11.3% | 4.8% | 3.5% |
| 2021 | 11.3% | -1.6% | -1.6% |
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Mayville Engineering Company, Inc. (MEC) Earnings Overview
As of May 8, 2026, Mayville Engineering Company, Inc. (MEC) reported trailing twelve-month net income of -$16M, reflecting -132.3% year-over-year growth. The company earned $-0.80 per diluted share over the past four quarters, with a net profit margin of -1.5%.
Looking at the long-term picture, MEC's historical earnings data spans multiple years. The company achieved its highest annual net income of $26M in fiscal 2024.
Mayville Engineering Company, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including KFRC ($35M net income, 2.6% margin), TWIN ($22M net income, -0.6% margin), ESAB ($207M net income, 8.0% margin), MEC has room to improve margins relative to the peer group. Compare MEC vs KFRC →
MEC Earnings vs Peers
Earnings metrics vs comparable public companies
MEC Historical Earnings Data (2017–2025)
9 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$8M | -131.2% | -$4M | $-0.40 | -1.5% | -0.7% |
| 2024 | $26M | +231.1% | $45M | $1.24 | 4.5% | 7.7% |
| 2023 | $8M | -58.1% | $20M | $0.38 | 1.3% | 3.4% |
| 2022 | $19M | +351.3% | $26M | $0.92 | 3.5% | 4.8% |
| 2021 | -$7M | -5.1% | -$7M | $-0.37 | -1.6% | -1.6% |
| 2020 | -$7M | -49.2% | -$6M | $-0.36 | -2.0% | -1.8% |
| 2019 | -$5M | -126.5% | -$2M | $-0.27 | -0.9% | -0.4% |
| 2018 | $18M | +241.9% | $22M | $0.91 | 5.1% | 6.3% |
| 2017 | $5M | - | $9M | $0.27 | 1.7% | 3.0% |
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Start ComparisonMEC — Frequently Asked Questions
Quick answers to the most common questions about buying MEC stock.
Is MEC growing earnings?
MEC EPS fell to $-0.80, with earnings declining -132.3%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-16M.
What are MEC's profit margins?
Mayville Engineering Company, Inc. net margin is -1.5%, with operating margin at -0.7%. Below-average margins reflect competitive or cost pressures.
How consistent are MEC's earnings?
MEC earnings data spans 2017-2025. The declining earnings trend is -132.3% YoY. Historical data enables comparison across business cycles.