we are more than just a manufacturing and fabricating company. award-winning and employee-owned, we pride ourselves in being a leader in the industry. description we have more than a 60-year history of serving customers all over the world in the military, agriculture, commercial vehicle, construction, recreational vehicle, medical and communications industries. no matter what your needs are, we can exceed them with specialties in: · prototyping · contract production · metal fabrication · mechanical + electro-mechanical assembly, validation and testing · coating, assembly and logistical solutions · tube bending & forming · fuel level indicators · laser cutting · welding · and more
Company profile
Ticker
MEC
Exchange
Website
CEO
Robert D. Kamphuis
Employees
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Center Manufacturing Holdings, Inc. • Center Manufacturing, Inc. • Center – Moeller Products LLC • Defiance Metal Products Co. • Defiance Metal Products of Arkansas, Inc. • Defiance Metal Products of PA., Inc. • Defiance Metal Products of WI, Inc. • Mid-States Aluminum, LLC ...
IRS number
390944729
MEC stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
21 May 24
S-3/A
Shelf registration (amended)
8 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
Mayville Engineering Company Announces First Quarter 2024 Results
7 May 24
8-K
Submission of Matters to a Vote of Security Holders
17 Apr 24
S-3
Shelf registration
7 Mar 24
ARS
2023 FY
Annual report to shareholders
6 Mar 24
DEF 14A
Definitive proxy
6 Mar 24
10-K
2023 FY
Annual report
6 Mar 24
8-K
Mayville Engineering Company Announces Fourth Quarter and Full-year 2023 Results
5 Mar 24
Transcripts
MEC
Earnings call transcript
2024 Q1
8 May 24
MEC
Earnings call transcript
2023 Q4
6 Mar 24
MEC
Earnings call transcript
2023 Q3
1 Nov 23
MEC
Earnings call transcript
2023 Q2
2 Aug 23
MEC
Earnings call transcript
2023 Q2
2 Aug 23
MEC
Earnings call transcript
2023 Q1
3 May 23
MEC
Earnings call transcript
2022 Q4
1 Mar 23
MEC
Earnings call transcript
2022 Q3
2 Nov 22
MEC
Earnings call transcript
2022 Q2
7 Aug 22
MEC
Earnings call transcript
2022 Q1
7 May 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 314.00 k | 314.00 k | 314.00 k | 314.00 k | 314.00 k | 314.00 k |
Cash burn (monthly) | 119.33 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 275.88 k | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 38.12 k | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 0.3 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
13.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 9 |
Opened positions | 1 |
Closed positions | 78 |
Increased positions | 1 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 40.00 bn |
Total shares | 2.79 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Allspring Global Investments | 2.62 mm | $37.85 bn |
Riverwater Partners | 39.85 k | $574.62 mm |
Gradient Investments | 35.71 k | $514.87 mm |
Mesirow Financial Investment Management | 27.89 k | $370.91 mm |
Yarbrough Capital | 26.87 k | $387.41 mm |
Legato Capital Management | 10.80 k | $155.75 mm |
Delta Capital Management | 10.50 k | $151.00 k |
Ritholtz Wealth Management | 10.03 k | $144.60 mm |
ST Germain D J | 500.00 | $7.21 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Apr 24 | McCormick Robert L | Common Stock | Option exercise | Acquire M | No | No | 0 | 9,721 | 0.00 | 9,721 |
16 Apr 24 | McCormick Robert L | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 9,721 | 0.00 | 0 |
16 Apr 24 | McCormick Robert L | RSU Common Stock | Grant | Acquire A | No | No | 0 | 9,026 | 0.00 | 9,026 |
16 Apr 24 | Rothman Jay O. | Common Stock | Option exercise | Acquire M | No | No | 0 | 9,721 | 0.00 | 24,721 |
16 Apr 24 | Rothman Jay O. | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 9,721 | 0.00 | 0 |
16 Apr 24 | Rothman Jay O. | Director Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 9,026 | 0.00 | 55,161 |
16 Apr 24 | Fisher Steven L | Common Stock | Option exercise | Acquire M | No | No | 0 | 9,721 | 0.00 | 31,456 |
16 Apr 24 | Fisher Steven L | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 9,721 | 0.00 | 0 |
16 Apr 24 | Fisher Steven L | RSU Common Stock | Grant | Acquire A | No | No | 0 | 9,026 | 0.00 | 9,026 |
16 Apr 24 | Timothy L Christen | Common Stock | Option exercise | Acquire M | No | No | 0 | 11,666 | 0.00 | 130,575 |
News
Mayville Engineering Says Remains On-track To Achieve FY24 Financial Guidance; Net Sales $620M-$640M, Est $630.219M
7 May 24
Mayville Engineering Q1 2024 Adj EPS $0.22 Beats $0.18 Estimate, Sales $161.269M Beat $159.347M Estimate
7 May 24
Citigroup Maintains Buy on Mayville Engineering, Raises Price Target to $18
8 Apr 24
Press releases
Mayville Engineering Company to Participate in Investor Conferences
20 May 24
Mayville Engineering Company to Ring New York Stock Exchange Closing Bell to Celebrate Five Years as a Public Company
14 May 24
Mayville Engineering Company Announces First Quarter 2024 Results
7 May 24
Mayville Engineering Company Announces First Quarter 2024 Results Conference Call and Webcast Date
24 Apr 24