Mayville Engineering Company Past Earnings Performance
Past criteria checks 2/6
Mayville Engineering Company has been growing earnings at an average annual rate of 19.4%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 6.6% per year. Mayville Engineering Company's return on equity is 3.4%, and it has net margins of 1.3%.
Key information
19.4%
Earnings growth rate
10.6%
EPS growth rate
| Machinery Industry Growth | 8.8% |
| Revenue growth rate | 6.6% |
| Return on equity | 3.4% |
| Net Margin | 1.3% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
With Mayville Engineering Company, Inc. (NYSE:MEC) It Looks Like You'll Get What You Pay For
Jan 04
Mayville Engineering: Slowing Demand Expected In All 5 Primary End Markets
Dec 23Should You Investigate Mayville Engineering Company, Inc. (NYSE:MEC) At US$10.77?
Sep 12Mayville Engineering : Value May Not Be Enough At Present
Sep 12Mayville Engineering: Engineering Growth
Jun 22Is There An Opportunity With Mayville Engineering Company, Inc.'s (NYSE:MEC) 26% Undervaluation?
Jun 22At US$13.32, Is It Time To Put Mayville Engineering Company, Inc. (NYSE:MEC) On Your Watch List?
Jun 07These 4 Measures Indicate That Mayville Engineering Company (NYSE:MEC) Is Using Debt Extensively
May 20Mayville Engineering Company (NYSE:MEC) Hasn't Managed To Accelerate Its Returns
May 05Mayville Engineering Company, Inc. (NYSE:MEC) Shares Could Be 45% Below Their Intrinsic Value Estimate
Mar 03Mayville Engineering Company: Still A Solid Prospect For Value Investors
Feb 16Market Participants Recognise Mayville Engineering Company, Inc.'s (NYSE:MEC) Earnings Pushing Shares 76% Higher
Nov 22Mayville Engineering GAAP EPS of $0.32 beats by $0.11, revenue of $136.3M beats by $8.07M
Nov 01Mayville Engineering Company (NYSE:MEC) Has A Somewhat Strained Balance Sheet
Nov 01Mayville Engineering reports Q2 mixed earnings; reiterates FY 2022 guidance
Aug 03Mayville Engineering names new CEO as Bob Kamphuis retires
Jul 20We Think Mayville Engineering Company (NYSE:MEC) Is Taking Some Risk With Its Debt
May 19Mayville Engineering Company (NYSE:MEC) Will Want To Turn Around Its Return Trends
Apr 06Bearish: Analysts Just Cut Their Mayville Engineering Company, Inc. (NYSE:MEC) Revenue and EPS estimates
Feb 12Here's Why Mayville Engineering Company (NYSE:MEC) Has A Meaningful Debt Burden
Jan 21Mayville Engineering Company: The Firm Is Cheap But It Has Some Issues
Dec 09Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 588 | 8 | 48 | 0 |
| 30 Sep 23 | 568 | 8 | 48 | 0 |
| 30 Jun 23 | 546 | 13 | 40 | 0 |
| 31 Mar 23 | 546 | 17 | 39 | 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: MEC has high quality earnings.
Growing Profit Margin: MEC's current net profit margins (1.3%) are lower than last year (3.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MEC's earnings have grown by 19.4% per year over the past 5 years.
Accelerating Growth: MEC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MEC had negative earnings growth (-58.1%) over the past year, making it difficult to compare to the Machinery industry average (13.9%).
Return on Equity
High ROE: MEC's Return on Equity (3.4%) is considered low.