Mayville Engineering Company, Inc. (MEC) stock
MECNYSEMetal Forgings & StampingsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 6/3039% below fair value
$13.99−0.03 (-0.21%)
Close on Nov 12, 2026Market cap $356.75MP/E –Yield –
Mayville Engineering operating margin
Operating margin is operating income as a percentage of revenue.
Mayville Engineering's operating margin for the twelve months ending Sep 30, 2026 was -1.4%. For fiscal 2025 it was -0.7%, against 7.7% the year before. The highest annual figure on record is 7.7% in fiscal 2024.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -0.7% | −8.4 |
| FY2024 | Dec 31, 2024 | 7.7% | +4.2 |
| FY2023 | Dec 31, 2023 | 3.4% | −1.3 |
| FY2022 | Dec 31, 2022 | 4.8% | +6.4 |
| FY2021 | Dec 31, 2021 | -1.6% | +0.2 |
| FY2020 | Dec 31, 2020 | -1.8% | −1.4 |
| FY2019 | Dec 31, 2019 | -0.4% | −6.6 |
| FY2018 | Dec 31, 2018 | 6.3% | +3.2 |
| FY2017 | Dec 31, 2017 | 3.0% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 2.5% | +2.5 |
| Q2 FY2026 | Jun 30, 2026 | 0.2% | +0.2 |
| Q1 FY2026 | Mar 31, 2026 | -5.3% | −6.5 |
| Q4 FY2025 | Dec 31, 2025 | -4.1% | −23.1 |
| Q3 FY2025 | Sep 30, 2025 | 0.0% | −4.2 |
| Q2 FY2025 | Jun 30, 2025 | 0.1% | −4.9 |
| Q1 FY2025 | Mar 31, 2025 | 1.2% | −3.6 |
| Q4 FY2024 | Dec 31, 2024 | 19.0% | +15.4 |
| Q3 FY2024 | Sep 30, 2024 | 4.2% | +0.5 |
| Q2 FY2024 | Jun 30, 2024 | 5.0% | +1.9 |
| Q1 FY2024 | Mar 31, 2024 | 4.7% | +1.5 |
| Q4 FY2023 | Dec 31, 2023 | 3.6% | +1.4 |
| Q3 FY2023 | Sep 30, 2023 | 3.7% | −2.8 |
| Q2 FY2023 | Jun 30, 2023 | 3.1% | −3.1 |
| Q1 FY2023 | Mar 31, 2023 | 3.3% | −0.8 |
| Q4 FY2022 | Dec 31, 2022 | 2.2% | +17.3 |
| Q3 FY2022 | Sep 30, 2022 | 6.5% | +5.8 |
| Q2 FY2022 | Jun 30, 2022 | 6.1% | +2.1 |
| Q1 FY2022 | Mar 31, 2022 | 4.1% | +0.5 |
| Q4 FY2021 | Dec 31, 2021 | -15.2% | −15.7 |
| Q3 FY2021 | Sep 30, 2021 | 0.8% | +0.5 |
| Q2 FY2021 | Jun 30, 2021 | 4.0% | +18.2 |
| Q1 FY2021 | Mar 31, 2021 | 3.6% | +2.2 |
| Q4 FY2020 | Dec 31, 2020 | 0.6% | +5.1 |
| Q3 FY2020 | Sep 30, 2020 | 0.3% | −10.0 |
| Q2 FY2020 | Jun 30, 2020 | -14.2% | −2.8 |
| Q1 FY2020 | Mar 31, 2020 | 1.4% | −2.8 |
| Q4 FY2019 | Dec 31, 2019 | -4.5% | −6.2 |
| Q3 FY2019 | Sep 30, 2019 | 10.3% | +3.6 |
| Q2 FY2019 | Jun 30, 2019 | -11.5% | −21.9 |
| Q1 FY2019 | Mar 31, 2019 | 4.2% | −1.9 |
| Q4 FY2018 | Dec 31, 2018 | 1.7% | – |
| Q3 FY2018 | Sep 30, 2018 | 6.7% | – |
| Q2 FY2018 | Jun 30, 2018 | 10.4% | – |
| Q1 FY2018 | Mar 31, 2018 | 6.1% | – |
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