Mayville Engineering Company, Inc.

Mayville Engineering Company, Inc.verified

MEC

Price:

$20.95

Market Cap:

$431.98M

Mayville Engineering Company, Inc., together with its subsidiaries, operates as a contract manufacturer that serves the heavy and medium duty commercial vehicle, construction and access equipment, powersports, agriculture, military, and other end markets in the United States. The company provides a range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. It also supplies engineered components to original equipment manufacturers. The company was founded in 1945 and is headquartered in Mayville, Wisconsin.[Read more]

Industry

Manufacturing - Metal Fabrication

IPO Date

2019-05-09

Stock Exchange

NYSE

Ticker

MEC

The Current Ratio as of November 2024 (TTM) for Mayville Engineering Company, Inc. (MEC) is 1.71

According to Mayville Engineering Company, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.71. This represents a change of -6.97% compared to the average of 1.84 of the last 4 quarters.

Mayville Engineering Company, Inc. (MEC) Historical Current Ratio (quarterly & annually)

How has MEC Current Ratio performed in the past?

The mean historical Current Ratio of Mayville Engineering Company, Inc. over the last ten years is 1.63. The current 1.71 Current Ratio has changed 10.40% with respect to the historical average. Over the past ten years (40 quarters), MEC's Current Ratio was at its highest in in the June 2023 quarter at 3.03. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

1.63

Median

1.69

Minimum

1.36

Maximum

1.88

Mayville Engineering Company, Inc. (MEC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Mayville Engineering Company, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 38.47%

Maximum Annual Current Ratio = 1.88

Minimum Annual Increase = -19.50%

Minimum Annual Current Ratio = 1.36

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.8836.11%
20221.38-19.50%
20211.711.25%
20201.69-9.87%
20191.8838.47%
20181.36-11.52%

Mayville Engineering Company, Inc. (MEC) Average Current Ratio

How has MEC Current Ratio performed in the past?

The current Current Ratio of Mayville Engineering Company, Inc. (MEC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.66

5-year avg

1.71

10-year avg

1.63

Mayville Engineering Company, Inc. (MEC) Current Ratio vs. Peers

How is MEC’s Current Ratio compared to its peers?

Mayville Engineering Company, Inc.’s Current Ratio is less than Haynes International, Inc. (7.74), less than Insteel Industries, Inc. (5.68), less than Gulf Island Fabrication, Inc. (3.89), less than ESAB Corporation (1.92), less than Northwest Pipe Company (3.20), less than Ampco-Pittsburgh Corporation (1.98), less than Ryerson Holding Corporation (2.22), less than Worthington Industries, Inc. (3.47), less than ATI Inc. (2.94), less than Carpenter Technology Corporation (3.84),

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