Mayville Engineering Company Past Earnings Performance
Past criteria checks 2/6
Mayville Engineering Company has been growing earnings at an average annual rate of 53.3%, while the Machinery industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 7.3% per year. Mayville Engineering Company's return on equity is 4.5%, and it has net margins of 1.7%.
Key information
53.3%
Earnings growth rate
54.7%
EPS growth rate
| Machinery Industry Growth | 10.7% |
| Revenue growth rate | 7.3% |
| Return on equity | 4.5% |
| Net Margin | 1.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Mayville Engineering Company makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 632 | 11 | 53 | 0 |
| 31 Mar 24 | 607 | 9 | 50 | 0 |
| 31 Dec 23 | 588 | 8 | 48 | 0 |
| 30 Sep 23 | 568 | 8 | 48 | 0 |
| 30 Jun 23 | 546 | 13 | 41 | 0 |
| 31 Mar 23 | 546 | 17 | 40 | 0 |
| 31 Dec 22 | 539 | 19 | 40 | 0 |
| 30 Sep 22 | 524 | 3 | 33 | 0 |
| 30 Jun 22 | 497 | -4 | 39 | 0 |
| 31 Mar 22 | 478 | -6 | 39 | 0 |
| 31 Dec 21 | 455 | -7 | 37 | 0 |
| 30 Sep 21 | 437 | 7 | 37 | 0 |
| 30 Jun 21 | 419 | 6 | 36 | 0 |
| 31 Mar 21 | 362 | -5 | 32 | 0 |
| 31 Dec 20 | 358 | -7 | 32 | 0 |
| 30 Sep 20 | 365 | -10 | 29 | 0 |
| 30 Jun 20 | 402 | 1 | 30 | 0 |
| 31 Mar 20 | 485 | -7 | 34 | 0 |
| 31 Dec 19 | 520 | -5 | 35 | 0 |
| 30 Sep 19 | 509 | -2 | 38 | 0 |
| 30 Jun 19 | 465 | -7 | 36 | 0 |
| 31 Mar 19 | 411 | 17 | 30 | 0 |
| 31 Dec 18 | 355 | 18 | 26 | 0 |
| 31 Dec 17 | 313 | 5 | 23 | 0 |
Quality Earnings: 2YN has high quality earnings.
Growing Profit Margin: 2YN's current net profit margins (1.7%) are lower than last year (2.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2YN has become profitable over the past 5 years, growing earnings by 53.3% per year.
Accelerating Growth: 2YN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2YN had negative earnings growth (-18.8%) over the past year, making it difficult to compare to the Machinery industry average (-4%).
Return on Equity
High ROE: 2YN's Return on Equity (4.5%) is considered low.