NYSE$MEC

Mayville Engineering Company Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Mayville Engineering reported Q4 2024 revenue of $121.3M, net income of $16.0M.

For Q4 2024, Mayville Engineering reported Revenue was $121.3M, net income was $16.0M. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $121.3M for Q4 2024.
  • Net income $16.0M.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$121M

Previous: $149M-18.4%
EPS (adj)

-$0.07

Previous: $0.21-133.3%
Adjusted EBITDA

$9.19M

Previous: $17.7M-48.1%
Adjusted EBITDA Margin

7.6%

Previous: 11.9%-36.1%
Manufacturing Margin

$10.8M

No prior period
Capital Expenditures

-$2.35M

Previous: -$6.78M+65.4%
Net Income

$16M

Previous: $2.2M+627.3%
Operating Income

$23M

Previous: $5.35M+330.4%
Gross Profit

$10.8M

Previous: $18.2M-40.7%

Revenue & EPS history

MEC · Revenue · Quarterly

$121M

Q4 2024-18.4%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

MEC · $158M total across 6 segments · Q3 2023

  • Commercial Vehicle
    $57.3M
  • Construction & Access
    $26.3M
  • Powersports
    $25.1M
  • Other
    $23.5M
  • Agriculture
    $15M
  • Military
    $11M

Forward guidance

The quarterly filing discusses operating priorities, liquidity, and sector risks.

Tailwinds

  • MD&A outlines strategic priorities and capital allocation.
  • Segment commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-1.3%

Avg return

Earnings day

+3.1%

Avg return

5 days after

+5.6%

Avg return

30 days after

39%

11 / 28 earnings

Positive

+17.6%

Q3 2022

Best reaction

-37.7%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.6%+19.6%+45.9%
Q4 2025-1.8%-10.8%-13.7%
Q3 2025-10.4%-6.3%-8.3%
Q1 2025-3.8%+11.7%+13.7%
Q4 2024-0.1%+8.2%-8.8%
Q3 2024-16.3%-18.1%-19.7%
Q2 2024+10.9%+13.0%+11.3%
Q1 2024+7.4%+16.2%+16.1%
Q4 2023+6.8%+3.6%+6.9%
Q3 2023+3.6%+6.9%+11.9%
Q2 2023-7.9%+0.2%-2.9%
Q1 2023-5.9%-17.5%-2.3%
Q4 2022-4.0%-4.7%-8.4%
Q3 2022+17.6%+45.1%+99.2%
Q2 2022-0.8%-3.4%-3.9%
Q1 2022+8.2%-1.2%+9.6%
Q4 2021-5.7%-2.0%-9.4%
Q3 2021-4.8%-4.8%-18.8%
Q2 2021-2.4%-1.3%-16.8%
Q1 2021-5.7%+8.2%+18.6%
Q4 2020+1.4%+6.3%+3.2%
Q3 2020+14.3%+15.6%+24.6%
Q2 2020-1.5%+6.4%+14.0%
Q1 2020+8.3%+30.4%+34.5%
Q4 2019-6.2%+2.0%-15.4%
Q3 2019-37.7%-19.9%-26.8%
Q2 2019-5.8%-11.3%+1.9%
Q1 2019+3.3%-5.7%+0.4%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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