Revenue Breakdown
Composition ()
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Revenue Streams
Mayville Engineering Company Inc (MEC) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Fabrication, accounting for 54.0% of total sales, equivalent to $77.88M. Other significant revenue streams include Performance structures and Tube. Understanding this composition is critical for investors evaluating how MEC navigates market cycles within the Auto, Truck & Motorcycle Parts industry.
Profitability & Margins
Evaluating the bottom line, Mayville Engineering Company Inc maintains a gross margin of 8.88%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 0.03%, while the net margin is -1.85%. These profitability ratios, combined with a Return on Equity (ROE) of 5.06%, provide a clear picture of how effectively MEC converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, MEC competes directly with industry leaders such as NNDM and NGS. With a market capitalization of $437.66M, it holds a significant position in the sector. When comparing efficiency, MEC's gross margin of 8.88% stands against NNDM's 30.29% and NGS's 38.20%. Such benchmarking helps identify whether Mayville Engineering Company Inc is trading at a premium or discount relative to its financial performance.
