Mayville Engineering Company, Inc.
Close on Oct 19, 2026
- Market cap
- $317.38M
- P/E (TTM)
- –
- Dividend yield
- –
About Mayville Engineering
Metal Forgings & Stampings, SIC 3460
Mayville Engineering Company, Inc. (MEC) is a vertically integrated, value-added manufacturing partner that supplies custom engineered components and assemblies. The company provides complete lifecycle solutions ranging from design, prototyping, and tooling to metal stamping, fabrication, tube bending, aluminum extrusion, coating, assembly, and aftermarket components. Its capabilities also encompass robotic welding, fiber laser cutting, and specialized painting. MEC serves original equipment manufacturers (OEMs) across multiple end markets, including heavy- and medium-duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and data center and critical power infrastructure.
Headquartered in Milwaukee, Wisconsin, the company conducts its operations in the United States. Its manufacturing presence spans 27 facilities across nine states, with 25 locations actively operating to provide approximately three and a half million square feet of production capacity. The company employs roughly 2,400 people.
Summary of the business section of Mayville Engineering's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Mayville Engineering Company, Inc.
- Founded
- 1945
- Headquarters
- Mayville, WI
- Address
- 715 South Street 53050
- Phone
- (920) 387-4500
- Employees
- 2,400, Dec 31, 2025
- Industry
- Metal Forgings & Stampings
- Fiscal year ends
- December 31
- Auditor
- Deloitte& Touche LLP, Milwaukee, Wisconsin
Stock & identifiers
- Ticker
- MEC
- Exchange
- NYSE
- IPO date
- May 10, 2019
- Shares outstanding
- 26M, Jul 31, 2026
- Public float
- $315.26M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1766368
- CUSIP
- 578605107
- ISIN
- US5786051079
- LEI
- 9845008D43E42A7FC362
- EIN
- 39-0944729
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jagadeesh A. Reddy | President & CEO, Director | 126,785 |
| Sean P. Leuba | SVP, GC & Secretary | 6,633 |
| Ryan F. Raber | EVP - Strategy, Sales & Mktg | 113,257 |
| Craig D. Nichols | SVP, Operations & Supply Chain | 1,280 |
| Rachele Marie Lehr | Chief Financial Officer | 30,529 |
| Todd M. Butz | Chief Financial Officer | 214,741 |
| Christine M. Schyvinck | Director | – |
| Jennifer J. Kent | Director | 24,982 |
| Steven L. Fisher | Director | 55,897 |
| Robert L. McCormick | Director | 29,078 |
| Jay O. Rothman | Director | 24,721 |
| Tania Wingfield | Director | 5,949 |
| Timothy L. Christen | Director | 153,804 |
| Allen J. Carlson | Director | 74,882 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Jagadeesh Jag A.Reddy | $3.18M | $2.48M | $1.14M | $139 | $131 |
| FY2024 Jagadeesh Jag A.Reddy | $3.69M | $4.27M | $1.92M | $117 | $126 |
| FY2023 Jagadeesh Jag A.Reddy | $2.96M | $2.82M | $1.80M | $107 | $118 |
| FY2022 Jagadeesh Jag A.Reddy | $1.27M | $1.84M | $1.69M | $94 | $103 |
| FY2022 Robert D.Kamphuis | $1.42M | -$1.35M | $1.69M | $94 | $103 |
| FY2021 Robert D.Kamphuis | $3.92M | $5.05M | $1.40M | $111 | $125 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 2,400 full-time employees, approximately 1,900 of whom are production employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 1, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 5, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 10, 2019 | IPO | Initial public offering priced (424B4 prospectus) |
| May 3, 2019 | Listing | Registration of securities on an exchange (Form 8-A) |