Mayville Engineering Company Inc

Mayville Engineering Co., Inc. engages in the manufacture of metal components. The firm offers a broad range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. Its customers operate in a diverse end markets, including heavy- and medium-duty commercial vehicle, construction, powersports, agriculture, military, and other end markets. The company was founded by Leo Bachhuber and Ted Bachhuber in 1945 and is headquartered in Mayville, WI.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q2 2024

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Earnings data Q1 2025

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Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

Mayville Engineering Company Inc reports revenue growth and operational challenges

MEC's Q1 2023 performance showed revenue growth in key markets, though challenges like supply chain disruptions impacted profitability. The company's focus on operational excellence and growth opportunities through acquisitions and market demand bode well for future prospects. Despite facing challenges, MEC remains committed to driving growth and efficiency.
The earnings call highlighted MEC's revenue growth in commercial vehicles, military, and powersports markets, alongside efforts to address labor constraints and operational improvements. Challenges like supply chain disruptions and fixed costs were acknowledged, with a focus on seizing growth opportunities through acquisitions and market demand.
MEC's Q1 2023 earnings call showcased revenue growth in key markets, operational challenges, and strategic initiatives for future growth. The company's focus on operational excellence, labor management, and diversification through acquisitions positions it for long-term success. Despite facing headwinds, MEC remains optimistic about its growth trajectory.

MEC reports robust Q2 earnings, eyes growth in high-value markets

MEC's Q2 2023 performance reflects strong free cash flow and revenue growth, with a focus on operational efficiency and debt reduction for long-term stability and growth.
While facing challenges like supply chain disruptions and cost pressures, the company is leveraging opportunities in high-value markets and capacity utilization to drive future success.
With a clear strategy in place and upcoming Investor Day, MEC is poised to enhance transparency, engage investors, and capitalize on growth opportunities in the coming quarters.
Overall, MEC's financial outlook remains positive, supported by strategic initiatives, revenue projections, and efforts to strengthen its market position and financial health.

Mayville Engineering Company posts robust Q3 results amid market challenges

MEC's Q3 performance reflects strong growth and strategic initiatives driving future success. While facing market challenges and cost pressures, the company is well-positioned to capitalize on opportunities in emerging markets and sustainable technologies.

Mayville Engineering Company Inc reports resilient Q4 performance and strategic growth outlook for 2024

MEC's Q4 performance showcased resilience and progress despite challenges, with a strong focus on financial health and strategic growth initiatives.
The company's strengths lie in its ability to navigate market headwinds, drive operational improvements, and capitalize on strategic acquisitions.
Challenges from supply chain disruptions and market trends require proactive management, but MEC's opportunities in market segments and cost management present avenues for growth.
Overall, MEC's outlook for 2024 is positive, supported by solid financial guidance, operational enhancements, and a forward-looking approach to industry trends.

Mayville Engineering Company (MEC) excels in Q1 2024 earnings

MEC's Q1 performance reflects strong financial results, operational improvements, and strategic initiatives driving growth and efficiency.
Despite challenges in certain markets, MEC's diversified portfolio, disciplined approach, and focus on opportunities position the company for continued success.
With a clear focus on financial discipline, operational excellence, and market expansion, MEC remains on track to achieve its 2024 financial guidance.

Mayville Engineering Company (MEC) reports strong Q2 performance and strategic growth focus

Mayville Engineering Company (MEC) showcased a solid performance in Q2 2024, positioning itself well for above-market growth despite market uncertainties. With a clear focus on operational excellence and strategic initiatives, MEC aims to drive growth, reduce debt, and enhance shareholder value through targeted acquisitions and capital allocation strategies.

Mayville Engineering Company Inc (MEC) implements cost-saving measures and eyes revenue growth amidst market recovery

MEC's Q3 performance reflects strategic cost-saving initiatives and margin improvement despite sales decline. With revised guidance for 2024, the company aims for revenue growth, margin expansion, and strong free cash flow generation by 2026. Market conditions are showing signs of recovery, and MEC is poised to navigate challenges and capitalize on opportunities.

Mayville Engineering Company Inc reports solid 2024 performance and outlines growth strategies for 2025

MEC demonstrated resilience with strong free cash flow and cost reduction initiatives despite market challenges. The company's strategic focus on new business wins and financial discipline positions it well for future growth and value creation.

MEC reports robust Q1 performance, eyes growth amid market challenges

MEC's Q1 2025 performance reflects resilience and strategic focus amidst challenging market conditions, with notable sales growth and margin improvement. The company's proactive approach to securing new business, engaging with customers on reshoring, and pursuing strategic acquisitions positions MEC for future growth. While facing market challenges and uncertainties, MEC's strong financial performance, guidance maintenance, and strategic initiatives highlight its ability to navigate complexities and drive value.

MEC reports margin growth amid sales decline, eyes long-term goals

MEC demonstrated resilience with margin expansion despite sales decline, focusing on cash flow, debt reduction, and strategic acquisitions. While facing challenges from soft market demand, MEC sees opportunities in new business wins, market expansion, and long-term revenue goals.

MEC reports Q3 revenue growth, eyes data center market expansion

MEC's Q3 performance reflects mixed results with revenue growth in specific markets but challenges in organic sales and profitability. The company is strategically positioned to capitalize on growth opportunities in data centers and critical power markets. Despite short-term financial constraints, MEC remains committed to achieving its 2025 financial targets through operational improvements. Investors should monitor MEC's progress in integrating acquisitions, managing costs, and diversifying revenue streams to drive long-term value.

Mayville Engineering Company eyes growth in Data Center market amid challenges

MEC anticipates a challenging yet promising year ahead with a strategic focus on capitalizing on growth opportunities in the Data Center & Critical Power market while navigating market transitions. Margin normalization, debt reduction, and disciplined capital deployment key priorities for sustainable growth.

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Mayville Engineering Co., Inc. engages in the manufacture of metal components. The firm offers a broad range of design, prototyping and tooling, production fabrication, aluminum extrusion, coating, assembly, and aftermarket components. Its customers operate in a diverse end market, including heavy and medium duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and other end markets. The company was founded by Leo Bachhuber and Ted Bachhuber in 1945 and is headquartered in Milwaukee, WI.