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Mayville Engineering Company's peak revenue was $588.4M in 2023. The peak quarterly revenue was $163.6M in 2024(q2).
Mayville Engineering Company's revenue increased from $354.5m in 2018 to $581.6M currently. That's a 64.05% change in annual revenue.
| Fiscal year / year | Mayville Engineering Company revenue |
|---|---|
| 2018 | $354.5M |
| 2019 | $519.7M |
| 2020 | $357.6M |
| 2021 | $454.8M |
| 2022 | $539.4M |
| 2023 | $588.4M |
| 2024 | $581.6M |
Rate Mayville Engineering Company's financial transparency
Mayville Engineering Company saw the greatest revenue growth in 2019, when revenue increased by 46.59%.
Mayville Engineering Company had the lowest revenue growth in 2020, when revenue changed by -31.19%.
| Year | Mayville Engineering Company growth |
|---|---|
| 2019 | 47%↑ |
| 2020 | -31%↓ |
| 2021 | 27%↑ |
| 2022 | 19%↑ |
| 2023 | 9%↑ |
| 2024 | -1%↓ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2018 | - | - | - | $91.4M |
| 2019 | $143.7M | $145.1M | $128.5M | $102.3M |
| 2020 | $108.6M | $62.6M | $91.1M | $95.3M |
| 2021 | $112.6M | $120.2M | $109.0M | $113.0M |
| 2022 | $136.3M | $138.3M | $136.3M | $128.5M |
| 2023 | $142.6M | $139.0M | $158.2M | $148.6M |
| 2024 | $161.3M | $163.6M | $135.4M | $121.3M |
Do you work at Mayville Engineering Company?
Did Mayville Engineering Company meet its revenue projections?
| CEO | Robert Kamphuis |
| Industry | Capital Goods |
| Company Type | Public |
| Employees Number | 2,150 |
| Date Founded | 1945 |
| Headquarters | Mayville, Wisconsin |
| Number of Locations | 10 |
| Revenue | $581.6M |
| Net Income | $18,727,000 |
| Gross Proft | $71.1M (2024) |
| EBITDA | $51.5M (2024) |
| Tax Rate | 0.2% |
| Total Assets | $440,581,000 |
| Ticker | MEC |
Mayville Engineering Company's top competitor, Lozier, earned an annual revenue of $970.0M.
Mayville Engineering Company's smallest competitor is Charleston Marine Containers with revenue of $610.0K last year.
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Zippia gives an in-depth look into the details of Mayville Engineering Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Mayville Engineering Company. The employee data is based on information from people who have self-reported their past or current employments at Mayville Engineering Company. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Mayville Engineering Company. The data presented on this page does not represent the view of Mayville Engineering Company and its employees or that of Zippia.
Mayville Engineering Company may also be known as or be related to MAYVILLE ENGINEERING COMPANY INC., Mayville Engineering Co., Inc., Mec (mayville Engineering Company, Inc.), Mayville Engineering Company, Mayville Engineering Company, Inc. and Mayville Engineering Company Inc.