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MEC FY 2024 Earnings — Mayville Engineering Company, Inc. Revenue & Financial Results | Market Cap Arena
MEC
Mayville Engineering Company, Inc.
$386M
FY 2024 Earnings
Industrials
Manufacturing - Metal Fabrication
Income Statement
Revenue
$582M
-1.2% YoY
Gross Profit
$71M
12.2% margin
Operating Income
$45M
7.7% margin
Net Income
$26M
4.5% margin
EPS (Diluted)
$1.24
Cash Flow
Operating Cash Flow
$90M
Free Cash Flow
$78M
Stock-Based Comp.
$5M
Balance Sheet
Total Assets
$446M
Total Liabilities
$194M
Stockholders' Equity
$252M
Cash & Equivalents
$206,000
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$582M
$588M
-1.2%
Gross Profit
$71M
$70M
+2.0%
Operating Income
$45M
$20M
+120.7%
Net Income
$26M
$8M
+231.1%
← Q4 2023
All Quarters
Q1 2024 →