Employees: 2,400
Size Mayville Engineering (MEC) is a United States Industrials company (Industrial Machinery) with a market value of $335M, the 3016th largest of 3,117 United States companies the cockpit tracks. Shares closed at $13.12 on 6 Nov 2026.
Performance Over six months the shares fell 51.8%, against -22.2% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 14.8% over the last twelve months (peer median +16.2%); the operating margin is -0.7% (peer median 2.2%).
Valuation It trades at 27.2× forward earnings against a peer median of 12.3× (3rd most expensive of 8).
Capital Return on invested capital runs 10.8 points below its cost of capital (10.2% WACC).
Short interest Short interest is 10.7% of the free float (15 Oct 2026).
Next results Next results expected around 2 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $612M | $546M | $582M | $588M | $539M |
| Revenue growth | — | -6% | -1% | +9% | — |
| Gross profit | $44.1M | $45.2M | $64.2M | $62.0M | $54.1M |
| EBITDA | $40.5M | $43.2M | $56.6M | $56.7M | $56.5M |
| Net income | -$14.2M | -$8.11M | $26.0M | $7.84M | $18.7M |
| Free cash flow | -$7.59M | $26.1M | $77.7M | $23.8M | -$6.18M |
| Capital expenditure | $23.2M | $11.6M | $12.1M | $16.6M | $58.6M |
| Total debt | $157M | $239M | $113M | $182M | $110M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MEC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -14.1% | -11.8% | 9th lowest of 21 |
| 6-month return | -51.8% | -22.2% | lowest of 21 |
| Distance from 52-week high | -66.2% | -38.6% | 2nd lowest of 21 |
| Revenue growth (TTM) | +14.8% | +16.2% | 10th lowest of 21 |
| Operating margin | -0.7% | 2.2% | 8th lowest of 21 |
| Forward P/E | 27.2× | 12.3× | 3rd most expensive of 8 |
| ROIC minus cost of capital | -10.8 pp | -5.8 pp | 5th lowest of 20 |
| EV / EBITDA | 12.1× | 13.7× | 6th cheapest of 11 |
| Net debt / EBITDA | 3.9× | -0.2× | 2nd most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mayville Engineering MEC | United States | $335M | -52% | +15% | -1% | 27.2× | n/a | n/a |
| Zhejiang Double Arrow Rubber 002381.SZ | China | $333M | -19% | -4% | 1% | 6.6× | 5.7% | +8.1% |
| Dalian Haosen Intelligent Manufacturing 688529.SS | China | $333M | -33% | -19% | -83% | n/a | -4.2% | +7.4% |
| China Western Power Industrial 002630.SZ | China | $336M | -5% | -53% | -24% | n/a | -2.0% | -5.3% |
| Jiangsu Chunlan Refrigerating Equipment Stock 600854.SS | China | $337M | -20% | +41% | -20% | n/a | -10.7% | -17.0% |
| Rechi Precision 4532.TW | Taiwan | $332M | -2% | -9% | 5% | 14.8× | -3.8% | +1.0% |
| Funeng Oriental Equipment Technology 300173.SZ | China | $339M | -28% | -22% | -14% | n/a | n/a | n/a |
| Jiangsu Newamstar Packaging Machinery 300509.SZ | China | $340M | -33% | +16% | 12% | n/a | -5.1% | +11.9% |
| Hangzhou Kaierda Welding Robot 688255.SS | China | $341M | -30% | +21% | 5% | n/a | 28.0% | +1.8% |
| Dalian Zhiyun Automation 300097.SZ | China | $341M | -27% | +33% | -68% | n/a | n/a | n/a |
| Ningbo Lehui International Engineering Equipment 603076.SS | China | $341M | -41% | +22% | 2% | 117.8× | 34.4% | +13.0% |
| Suregiant Technology 7669.TWO | Taiwan | $342M | -39% | +150% | 51% | n/a | n/a | n/a |
| Sintokogio,Ltd 6339.T | Japan | $342M | +3% | +5% | 2% | n/a | 9.8% | +16.4% |
| Wave Cyber (Shanghai) 688718.SS | China | $327M | -26% | +16% | 13% | n/a | 35.0% | +5.9% |
| Bin Chuan Enterprise 1569.TWO | Taiwan | $343M | +25% | -6% | -15% | 56.1× | n/a | n/a |
| Zhuhai Kles Technology 301314.SZ | China | $326M | -18% | +22% | 0% | n/a | n/a | n/a |
| Aida Engineering,Ltd 6118.T | Japan | $326M | -13% | -2% | 6% | 12.3× | -19.0% | +6.2% |
| Gltechno 255A.T | Japan | $326M | -24% | +9% | 16% | 8.0× | 9.7% | n/a |
| Tianjin MOTIMO Membrane Technology 300334.SZ | China | $326M | -11% | +37% | -10% | n/a | n/a | n/a |
| Technoflex 3449.T | Japan | $326M | -41% | +22% | 19% | 11.0× | 3.0% | +6.8% |
| USUN Technology 3498.TWO | Taiwan | $344M | +91% | +38% | 18% | n/a | 13.7% | -6.6% |