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)
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
8-K
Departure of Directors or Certain Officers
3 Nov 23
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Mayville Engineering Company Announces Third Quarter 2023 Results
31 Oct 23
8-K/A
Financial Statements and Exhibits
12 Sep 23
Transcripts
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 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
MEC
Earnings call transcript
2021 Q4
2 Mar 22
MEC
Earnings call transcript
2021 Q3
6 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
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) | 2.31 mm | 2.31 mm | 2.31 mm | 2.31 mm | 2.31 mm | 2.31 mm |
Cash burn (monthly) | 29.27 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 200.65 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -198.34 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -6.8 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
42.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 88 |
Opened positions | 29 |
Closed positions | 16 |
Increased positions | 28 |
Reduced positions | 21 |
13F shares | Current |
---|---|
Total value | 106.31 bn |
Total shares | 8.72 mm |
Total puts | 3.20 k |
Total calls | 50.20 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Allspring Global Investments | 2.63 mm | $32.75 bn |
BLK Blackrock | 690.57 k | $8.60 bn |
Tocqueville Asset Management | 587.21 k | $7.32 bn |
Vanguard | 467.18 k | $5.82 bn |
Dimensional Fund Advisors | 346.80 k | $4.32 bn |
Royce & Associates | 334.11 k | $4.16 bn |
Aegis Financial | 216.28 k | $2.69 bn |
Advisor | 214.91 k | $2.68 bn |
Blair William & Co | 205.16 k | $2.56 bn |
Geode Capital Management | 201.84 k | $2.51 bn |
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
Citigroup Maintains Buy on Mayville Engineering, Raises Price Target to $18
8 Apr 24
EF Hutton Maintains Buy on Mayville Engineering, Announces $22 Price Target
7 Mar 24
Mayville Engineering Expects 2024 Net Sales Of $620M-$640M, Est $644.78M
5 Mar 24
Mayville Engineering: Q4 Earnings Insights
5 Mar 24
Mayville Engineering Q4 2023 Adj EPS $0.21 Beats $0.13 Estimate, Sales $148.58M Miss $152.31M Estimate
5 Mar 24