Stocks · Industrials · Manufacturing - Metal Fabrication
Mayville Engineering Company, Inc. MEC
$16.44 +4.85% Close, Oct 2, 2026 · NYSE · Market cap $345.5M
Next earnings report: Nov 3, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $-0.83, down 197.5% year over year.
- The diluted share count rose 10.0% in a year.
- Net debt is 6.3× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 37%
- EPS growth (TTM, YoY)Bottom 5%
- FCF growth (TTM, YoY)Bottom 10%
- Revenue growth, 3-year CAGRBottom 31%
- Revenue growth accelerationTop 8%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 23%
- Gross marginBottom 9%
- Operating marginBottom 21%
- Accruals (lower is better)Top 40%
- Net debt / EBITDA (lower is better)Bottom 11%
- Interest coverBottom 20%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 23%
- Free-cash-flow yieldBottom 24%
- EBITDA / enterprise valueBottom 41%
- Sales / enterprise valueTop 18%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 22%
- 6-month returnBottom 31%
- 1-year return vs S&P 500Top 38%
- Distance from 52-week highBottom 13%
- Trend checklist (0–4)Bottom 15%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 7%
- Consecutive EPS beatsTop 45%
- Share of analysts rating BuyTop 26%
- Upside to consensus price targetTop 8%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 37%
- Maximum drawdown, 3 yearsBottom 35%
- Beta vs S&P 500 (lower is better)Top 14%
- Net debt / EBITDA (lower is better)Bottom 11%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -0.0% | 11.8% | ↑ |
| EPS growth (YoY) | -173.1% | -197.5% | ↓ |
| Gross margin | 10.8% | 8.6% | ↓ |
| Operating margin | 5.8% | -1.5% | ↓ |
| FCF margin | 13.1% | -0.8% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 11.8% | -0.0% | ↑ | Top 37% |
| EPS growth (TTM, YoY) | -197.5% | -173.1% | ↓ | Bottom 5% |
| Gross margin | 8.6% | 10.8% | ↓ | Bottom 9% |
| Operating margin | -1.5% | 5.8% | ↓ | Bottom 21% |
| Net margin | -3.0% | 3.4% | ↓ | — |
| Free-cash-flow margin | -0.8% | 13.1% | ↓ | — |
| Return on invested capital | -1.1% | — | Bottom 23% | |
| Revenue growth, 3-year CAGR | 0.4% | — | Bottom 31% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +38.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.32×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -1.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -27.10%
- Shareholder yield
- -27.10%
- Share count change, 1 year
- +10.0%
- Share count change, 3-year CAGR
- +3.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +94.0%
- Average 2-day reaction, last 8
- +1.5%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $38.00
- Target vs current price
- +131.1%
- Analysts with a rating
- 7
- Share rating Buy or Strong Buy
- 71%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +236.5% | +4.4% | -13.8% | -27.1% | — |
| May 5, 2026 | +46.4% | +2.7% | +23.1% | +46.0% | +16.9% |
| Mar 3, 2026 | -6.7% | -2.0% | -12.5% | -18.8% | +26.0% |
| Nov 4, 2025 | +100.0% | +1.9% | -4.5% | -8.3% | +11.0% |
| Aug 5, 2025 | +67.4% | +1.6% | -16.8% | -12.2% | +1.5% |
| May 6, 2025 | +300.0% | -0.4% | +14.2% | +20.6% | +26.9% |
| Mar 4, 2025 | +684.6% | -0.8% | +7.3% | -3.4% | +13.4% |
| Nov 5, 2024 | -33.3% | +4.1% | -18.7% | -18.8% | -26.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $0.07 | -$0.05 | +236.5% | $163.0M |
| May 5, 2026 | -$0.15 | -$0.28 | +46.4% | $144.8M |
| Mar 3, 2026 | -$0.08 | -$0.07 | -6.7% | $134.3M |
| Nov 4, 2025 | $0.10 | $0.05 | +100.0% | $144.3M |
| Aug 5, 2025 | $0.10 | $0.06 | +67.4% | $132.3M |
| May 6, 2025 | $0.04 | $0.01 | +300.0% | $135.6M |
| Mar 4, 2025 | $0.76 | -$0.13 | +684.6% | $121.3M |
| Nov 5, 2024 | $0.14 | $0.21 | -33.3% | $135.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 63.6× | — | — | — |
| EV / EBITDA | 20.6× | — | — | Bottom 41% |
| EV / Sales | 0.85× | — | — | Top 18% |
| Free-cash-flow yield | -1.32% | — | — | Bottom 24% |
| Earnings yield | -5.05% | — | — | Bottom 23% |
P/E over the past five years
Range 11.5× – 61.4× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +20.5%
- Earnings per share growth (TTM)
- -197.5%
- Change in P/E multiple
- -6.6%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -23.1%
- 200-day average slope (20 days)
- +0.3%
- Distance from 50-day average
- -22.0%
- Distance from 200-day average
- -28.7%
- RSI (14)
- 35.9
- Relative volume
- 0.75×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 53.8%
- Volatility vs own 5-year history
- 63th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.63
- Correlation with S&P 500
- 0.17
- Current drawdown from 1-year high
- -56.2%
- Maximum drawdown, 3 years
- -60.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 21, 2021 | Oct 24, 2022 | -72.1% | 339 days | 511 days (Nov 5, 2024) |
| Jun 29, 2026 | Sep 30, 2026 | -60.0% | 65 days | Not yet recovered |
| Nov 5, 2024 | Apr 21, 2025 | -45.6% | 112 days | 206 days (Feb 13, 2026) |
| Feb 20, 2026 | Mar 20, 2026 | -24.8% | 20 days | 28 days (Apr 30, 2026) |
| Mar 15, 2021 | Apr 6, 2021 | -20.5% | 15 days | 24 days (May 10, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $345.5M
- EPS, diluted (TTM)
- -$0.83
- Revenue (TTM)
- $586.3M
- 52-week range
- $12.25 – $38.76
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $454.8M | $539.4M | $588.4M | $581.6M | $546.5M |
| Gross profit | $51.4M | $61.1M | $69.7M | $71.1M | $54.0M |
| Operating income | -$7.4M | $25.8M | $20.2M | $44.6M | -$3.8M |
| Net income | -$7.5M | $18.7M | $7.8M | $26.0M | -$8.1M |
| EPS (diluted) | -$0.37 | $0.92 | $0.38 | $1.24 | -$0.40 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $135.4M | $121.3M | $135.6M | $132.3M | $144.3M | $134.3M | $144.8M | $163.0M |
| Net income | $3.0M | $16.0M | $20,000 | -$1.1M | -$2.7M | -$4.4M | -$8.2M | -$2.1M |
| EPS (diluted) | $0.14 | $0.76 | $0.00 | -$0.05 | -$0.13 | -$0.21 | -$0.40 | -$0.09 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $14.5M | $52.4M | $40.4M | $89.8M | $38.6M |
| Capital expenditure | -$39.3M | -$58.6M | -$16.6M | -$12.1M | -$11.6M |
| Free cash flow | -$24.9M | -$6.2M | $23.8M | $77.7M | $26.9M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$2.2M | -$4.9M | -$2.7M | -$5.9M | -$4.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.2M
- Total assets
- $588.6M
- Total liabilities
- $263.1M
- Total debt
- $154.7M
- Net debt
- $152.5M
- Shareholders’ equity
- $325.5M
As of Jun 30, 2026 (filed Aug 5, 2026).
Short interest
- Shares sold short
- 1,988,864
- Days to cover
- 5.26
- Change vs previous report
- +6.7%
FINRA short interest, settlement date Sep 15, 2026.