
Mayville Engineering Company Inc
NYSE:MEC

Income Statement
Earnings Waterfall
Mayville Engineering Company Inc
Revenue
|
581.6m
USD
|
Cost of Revenue
|
-510.5m
USD
|
Gross Profit
|
71.1m
USD
|
Operating Expenses
|
-52m
USD
|
Operating Income
|
19.1m
USD
|
Other Expenses
|
6.9m
USD
|
Net Income
|
26m
USD
|
Income Statement
Mayville Engineering Company Inc
Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||
Interest Expense |
4
|
6
|
7
|
7
|
7
|
5
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
4
|
6
|
9
|
11
|
13
|
14
|
13
|
11
|
|
Revenue |
355
N/A
|
411
+16%
|
465
+13%
|
509
+10%
|
520
+2%
|
485
-7%
|
402
-17%
|
365
-9%
|
358
-2%
|
362
+1%
|
419
+16%
|
437
+4%
|
455
+4%
|
479
+5%
|
497
+4%
|
524
+5%
|
539
+3%
|
546
+1%
|
546
+0%
|
568
+4%
|
588
+4%
|
607
+3%
|
632
+4%
|
609
-4%
|
582
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||
Cost of Revenue |
(304)
|
(353)
|
(401)
|
(444)
|
(461)
|
(434)
|
(373)
|
(340)
|
(326)
|
(327)
|
(367)
|
(383)
|
(402)
|
(426)
|
(442)
|
(468)
|
(480)
|
(485)
|
(487)
|
(504)
|
(519)
|
(533)
|
(551)
|
(530)
|
(511)
|
|
Gross Profit |
51
N/A
|
58
+15%
|
63
+9%
|
65
+3%
|
59
-10%
|
51
-13%
|
29
-43%
|
24
-17%
|
32
+30%
|
34
+9%
|
52
+51%
|
55
+5%
|
53
-3%
|
53
+0%
|
54
+3%
|
56
+3%
|
59
+6%
|
61
+3%
|
59
-3%
|
65
+9%
|
70
+8%
|
74
+7%
|
80
+8%
|
79
-2%
|
71
-9%
|
|
Operating Income | ||||||||||||||||||||||||||
Operating Expenses |
(29)
|
(35)
|
(66)
|
(70)
|
(67)
|
(67)
|
(28)
|
(36)
|
(38)
|
(39)
|
(42)
|
(43)
|
(43)
|
(42)
|
(42)
|
(40)
|
(40)
|
(41)
|
(42)
|
(46)
|
(48)
|
(51)
|
(53)
|
(52)
|
(52)
|
|
Selling, General & Administrative |
(24)
|
(29)
|
(58)
|
(60)
|
(56)
|
(56)
|
(27)
|
(26)
|
(27)
|
(28)
|
(31)
|
(32)
|
(32)
|
(33)
|
(33)
|
(32)
|
(33)
|
(34)
|
(35)
|
(39)
|
(40)
|
(43)
|
(45)
|
(44)
|
(45)
|
|
Depreciation & Amortization |
(4)
|
(6)
|
(8)
|
(9)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(9)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
22
N/A
|
24
+7%
|
(2)
N/A
|
(4)
-91%
|
(8)
-82%
|
(16)
-100%
|
1
N/A
|
(12)
N/A
|
(7)
+44%
|
(4)
+40%
|
10
N/A
|
12
+20%
|
10
-14%
|
11
+5%
|
13
+22%
|
16
+26%
|
19
+20%
|
20
+4%
|
17
-14%
|
18
+5%
|
22
+19%
|
23
+6%
|
27
+18%
|
27
-1%
|
19
-29%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
(6)
|
(7)
|
(7)
|
(7)
|
(5)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(5)
|
(6)
|
(9)
|
(11)
|
(13)
|
(14)
|
(13)
|
(11)
|
|
Non-Reccuring Items |
(1)
|
(2)
|
(1)
|
8
|
6
|
9
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(18)
|
(16)
|
(15)
|
(10)
|
6
|
5
|
3
|
(1)
|
(2)
|
0
|
0
|
0
|
26
|
|
Pre-Tax Income |
18
N/A
|
16
-7%
|
(11)
N/A
|
(3)
+70%
|
(9)
-175%
|
(11)
-28%
|
(2)
+82%
|
(15)
-635%
|
(9)
+37%
|
(6)
+30%
|
7
N/A
|
8
+9%
|
(9)
N/A
|
(8)
+15%
|
(5)
+43%
|
3
N/A
|
22
+600%
|
20
-9%
|
15
-27%
|
9
-41%
|
9
+2%
|
10
+14%
|
13
+30%
|
14
+8%
|
34
+134%
|
|
Net Income | ||||||||||||||||||||||||||
Tax Provision |
1
|
(0)
|
3
|
1
|
4
|
4
|
3
|
5
|
2
|
2
|
(2)
|
(1)
|
2
|
2
|
1
|
(1)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(8)
|
|
Income from Continuing Operations |
18
|
16
|
(7)
|
(3)
|
(5)
|
(7)
|
1
|
(10)
|
(7)
|
(5)
|
6
|
7
|
(8)
|
(6)
|
(4)
|
3
|
19
|
18
|
13
|
8
|
8
|
8
|
11
|
12
|
26
|
|
Net Income (Common) |
18
N/A
|
16
-11%
|
(7)
N/A
|
(3)
+66%
|
(5)
-92%
|
(7)
-50%
|
1
N/A
|
(10)
N/A
|
(7)
+27%
|
(5)
+35%
|
6
N/A
|
7
+25%
|
(8)
N/A
|
(6)
+17%
|
(4)
+42%
|
3
N/A
|
19
+593%
|
18
-6%
|
13
-25%
|
8
-39%
|
8
-2%
|
8
+8%
|
11
+26%
|
12
+15%
|
26
+112%
|
|
EPS (Diluted) |
0.91
N/A
|
1.19
+31%
|
-0.44
N/A
|
-0.12
+73%
|
-0.27
-125%
|
-0.36
-33%
|
0.06
N/A
|
-0.48
N/A
|
-0.36
+25%
|
-0.23
+36%
|
0.28
N/A
|
0.34
+21%
|
-0.37
N/A
|
-0.3
+19%
|
-0.17
+43%
|
0.14
N/A
|
0.91
+550%
|
0.84
-8%
|
0.63
-25%
|
0.38
-40%
|
0.38
N/A
|
0.41
+8%
|
0.51
+24%
|
0.58
+14%
|
1.24
+114%
|