Mayville Engineering profit margin MEC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.
- Net margin, 12 months
- −3.0%
- Operating margin, 12 months
- −2.2%
- Net margin on a year earlier
- −6.4 pts
- Peer median
- 4.8%
Over the twelve months to Jun 30, 2026, Mayville Engineering kept −3.0% of its revenue as net profit, with an operating margin of −2.2% and a gross margin of 9.1%.
Five years earlier its net margin was 1.4%.
The median for 10 manufacturing metal fabrication stocks of a similar size is 4.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −1.5% | −0.7% | 9.8% |
| FY2024 | 4.5% | 7.7% | 12.2% |
| FY2023 | 1.3% | 3.4% | 11.8% |
| FY2022 | 3.5% | 4.8% | 11.4% |
| FY2021 | −1.6% | −1.6% | 11.3% |
| FY2020 | −2.0% | −1.8% | 8.8% |
| FY2019 | −0.9% | −0.4% | 11.3% |
| FY2018 | 5.1% | 6.3% | 14.3% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −3.0% | −6.4 pts | −2.2% | |
| Q1 FY26 | −2.9% | −7.0 pts | −2.4% | |
| Q4 FY25 | −1.5% | −5.9 pts | −0.7% | |
| Q3 FY25 | 2.3% | +0.3 pts | 4.6% | |
| Q2 FY25 | 3.4% | +1.7 pts | 5.8% | |
| Q1 FY25 | 4.1% | +2.7 pts | 6.9% | |
| Q4 FY24 | 4.5% | +3.1 pts | 7.7% | |
| Q3 FY24 | 2.0% | +0.6 pts | 4.4% | |
| Q2 FY24 | 1.7% | −0.7 pts | 4.3% | |
| Q1 FY24 | 1.4% | −1.8 pts | 3.8% | |
| Q4 FY23 | 1.3% | −2.1 pts | 3.4% | |
| Q3 FY23 | 1.4% | +0.9 pts | 3.1% |
Against its peers
Companies in Manufacturing - Metal Fabrication nearest Mayville Engineering's size, closest first, today.
| Company | Profit margin |
|---|---|
| MECMayville Engineering | −3.0% |
| TGTredegar | n/m |
| OFLXOmega Flex | 12.3% |
| ACUAcme United | 4.6% |
| CIXCompx International | 13.6% |
| LCUTLifetime Brands | 4.8% |
| JBIJanus International | 3.7% |
| PKOHPark Ohio | 1.6% |
| NXQuanex Building Products CORP | 2.4% |
| NWPXNWPX Infrastructure | 8.5% |
| XPELXPEL | 10.8% |
| Peer median | 4.8% |
Where Mayville Engineering ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Mayville Engineering
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.