MEC
Income statement / Annual
Last year (2024), Mayville Engineering Company, Inc.'s total revenue was $581.60 M,
a decrease of 1.16% from the previous year.
In 2024, Mayville Engineering Company, Inc.'s net income was $25.97 M.
See Mayville Engineering Company, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$581.60 M |
$588.43 M |
$539.39 M |
$454.83 M |
$357.61 M |
$519.70 M |
$354.53 M |
$313.33 M |
| Cost of Revenue |
$510.51 M
|
$518.72 M
|
$478.32 M
|
$403.45 M
|
$326.11 M
|
$460.99 M
|
$303.95 M
|
$278.59 M
|
| Gross Profit |
$71.10 M
|
$69.70 M
|
$61.07 M
|
$51.38 M
|
$31.50 M
|
$58.72 M
|
$50.58 M
|
$34.74 M
|
| Gross Profit Ratio |
0.12
|
0.12
|
0.11
|
0.11
|
0.09
|
0.11
|
0.14
|
0.11
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$45.11 M
|
$41.77 M
|
$32.69 M
|
$31.91 M
|
$27.29 M
|
$56.02 M
|
$24.31 M
|
$21.56 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$169,000.00
|
$163,000.00
|
$100,000.00
|
$110,000.00
|
$116,000.00
|
$157,000.00
|
| Selling, General & Administrative Expenses |
$45.11 M
|
$41.77 M
|
$32.69 M
|
$31.91 M
|
$27.29 M
|
$56.02 M
|
$24.31 M
|
$21.56 M
|
| Other Expenses |
-$18.57 M
|
$7.74 M
|
$6.95 M
|
$10.71 M
|
$10.71 M
|
$10.71 M
|
$4.10 M
|
$3.76 M
|
| Operating Expenses |
$26.54 M
|
$49.51 M
|
$39.64 M
|
$42.62 M
|
$38.00 M
|
$66.73 M
|
$28.41 M
|
$25.31 M
|
| Cost And Expenses |
$537.05 M
|
$568.23 M
|
$517.96 M
|
$446.07 M
|
$364.10 M
|
$527.72 M
|
$332.36 M
|
$303.91 M
|
| Interest Income |
$0.00
|
$0.00
|
$3.38 M
|
$2.00 M
|
$2.67 M
|
$6.73 M
|
$0.00
|
$0.00
|
| Interest Expense |
$10.99 M
|
$11.09 M
|
$3.38 M
|
$2.00 M
|
$2.67 M
|
$6.73 M
|
$3.88 M
|
$4.18 M
|
| Depreciation & Amortization |
$0.00
|
$35.08 M
|
$33.56 M
|
$31.78 M
|
$32.09 M
|
$33.00 M
|
$20.47 M
|
$20.73 M
|
| EBITDA |
$44.55 M |
$55.06 M |
$25.77 M |
$24.39 M |
$25.59 M |
$30.89 M |
$43.20 M |
$30.16 M |
| EBITDA Ratio |
0.08
|
0.09
|
0.09
|
0.09
|
0.07
|
0.05
|
0.12
|
0.1
|
| Operating Income Ratio |
0.08
|
0.03
|
0.05
|
0.02
|
-0.02
|
-0.02
|
0.06
|
0.03
|
| Total Other Income/Expenses Net |
-$10.99 M
|
-$11.31 M
|
-$3.38 M
|
-$2.00 M
|
-$2.67 M
|
-$6.88 M
|
-$4.69 M
|
-$4.18 M
|
| Income Before Tax |
$33.56 M
|
$8.88 M
|
$22.39 M
|
-$9.39 M
|
-$9.17 M
|
-$8.84 M
|
$17.48 M
|
$5.25 M
|
| Income Before Tax Ratio |
0.06
|
0.02
|
0.04
|
-0.02
|
-0.03
|
-0.02
|
0.05
|
0.02
|
| Income Tax Expense |
$7.60 M
|
$1.04 M
|
$3.67 M
|
-$1.94 M
|
-$2.07 M
|
-$4.09 M
|
-$459,000.00
|
$0.00
|
| Net Income |
$25.97 M
|
$7.84 M
|
$18.73 M
|
-$7.45 M
|
-$7.09 M
|
-$4.75 M
|
$17.94 M
|
$5.25 M
|
| Net Income Ratio |
0.04
|
0.01
|
0.03
|
-0.02
|
-0.02
|
-0.01
|
0.05
|
0.02
|
| EPS |
1.26 |
0.38 |
0.92 |
-0.37 |
-0.36 |
-0.27 |
0.91 |
0.27 |
| EPS Diluted |
1.24 |
0.38 |
0.91 |
-0.37 |
-0.36 |
-0.27 |
0.91 |
0.27 |
| Weighted Average Shares Out |
$20.61 M
|
$20.42 M
|
$20.40 M
|
$20.40 M
|
$19.90 M
|
$17.45 M
|
$19.69 M
|
$19.69 M
|
| Weighted Average Shares Out Diluted |
$20.97 M
|
$20.70 M
|
$20.68 M
|
$20.40 M
|
$19.90 M
|
$17.45 M
|
$19.69 M
|
$19.69 M
|
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