MEC
Income statement / Annual
Last year (2023), Mayville Engineering Company, Inc.'s total revenue was $588.43 M,
an increase of 9.09% from the previous year.
In 2023, Mayville Engineering Company, Inc.'s net income was $7.84 M.
See Mayville Engineering Company, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$588.43 M
|
$539.39 M
|
$454.83 M
|
$357.61 M
|
$519.70 M
|
$354.53 M
|
$313.33 M
|
| Cost of Revenue |
$526.46 M |
$478.32 M |
$403.45 M |
$326.11 M |
$460.99 M |
$303.95 M |
$278.59 M |
| Gross Profit |
$61.96 M |
$61.07 M |
$51.38 M |
$31.50 M |
$58.72 M |
$50.58 M |
$34.74 M |
| Gross Profit Ratio |
0.11 |
0.11 |
0.11 |
0.09 |
0.11 |
0.14 |
0.11 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$47.67 M
|
$32.69 M
|
$31.91 M
|
$27.29 M
|
$56.02 M
|
$24.31 M
|
$21.56 M
|
| Selling & Marketing
Expenses |
$141,000.00
|
$169,000.00
|
$163,000.00
|
$100,000.00
|
$110,000.00
|
$116,000.00
|
$157,000.00
|
| Selling, General &
Administrative Expenses |
$47.81 M
|
$32.69 M
|
$31.91 M
|
$27.29 M
|
$56.02 M
|
$24.31 M
|
$21.56 M
|
| Other Expenses |
$7.74 M |
$6.95 M |
$10.71 M |
$10.71 M |
$10.71 M |
$4.10 M |
$3.76 M |
| Operating Expenses |
$49.51 M |
$39.64 M |
$42.62 M |
$38.00 M |
$66.73 M |
$28.41 M |
$25.31 M |
| Cost And Expenses |
$568.23 M |
$517.96 M |
$446.07 M |
$364.10 M |
$527.72 M |
$332.36 M |
$303.91 M |
| Interest Income |
$0.00 |
$3.38 M |
$2.00 M |
$2.67 M |
$6.73 M |
$0.00 |
$0.00 |
| Interest Expense |
$11.09 M |
$3.38 M |
$2.00 M |
$2.67 M |
$6.73 M |
$3.88 M |
$4.18 M |
| Depreciation &
Amortization |
$35.08 M
|
$33.56 M
|
$31.78 M
|
$32.09 M
|
$33.00 M
|
$20.47 M
|
$20.73 M
|
| EBITDA |
$55.06 M
|
$25.77 M
|
$24.39 M
|
$25.59 M
|
$30.89 M
|
$43.20 M
|
$30.16 M
|
| EBITDA Ratio |
0.09 |
0.09 |
0.09 |
0.07 |
0.05 |
0.12 |
0.1 |
| Operating Income Ratio
|
0.03
|
0.05
|
0.02
|
-0.02
|
-0.02
|
0.06
|
0.03
|
| Total Other
Income/Expenses Net |
-$11.31 M
|
-$3.38 M
|
-$2.00 M
|
-$2.67 M
|
-$6.88 M
|
-$4.69 M
|
-$4.18 M
|
| Income Before Tax |
$8.88 M |
$22.39 M |
-$9.39 M |
-$9.17 M |
-$8.84 M |
$17.48 M |
$5.25 M |
| Income Before Tax Ratio
|
0.02
|
0.04
|
-0.02
|
-0.03
|
-0.02
|
0.05
|
0.02
|
| Income Tax Expense |
$1.04 M |
$3.67 M |
-$1.94 M |
-$2.07 M |
-$4.09 M |
-$459,000.00 |
$0.00 |
| Net Income |
$7.84 M |
$18.73 M |
-$7.45 M |
-$7.09 M |
-$4.75 M |
$17.94 M |
$5.25 M |
| Net Income Ratio |
0.01 |
0.03 |
-0.02 |
-0.02 |
-0.01 |
0.05 |
0.02 |
| EPS |
0.38 |
0.92 |
-0.37 |
-0.36 |
-0.27 |
0.91 |
0.27 |
| EPS Diluted |
0.38 |
0.91 |
-0.37 |
-0.36 |
-0.27 |
0.91 |
0.27 |
| Weighted Average Shares
Out |
$20.42 M
|
$20.40 M
|
$20.40 M
|
$19.90 M
|
$17.45 M
|
$19.69 M
|
$19.69 M
|
| Weighted Average Shares
Out Diluted |
$20.70 M
|
$20.68 M
|
$20.40 M
|
$19.90 M
|
$17.45 M
|
$19.69 M
|
$19.69 M
|
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