Mayville Engineering (MEC)
Builds fabricated, coated, extruded, and assembled components for industrial OEMs.
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Supplies engineered metal components and assemblies to OEM customers across commercial vehicles, construction equipment, powersports, agriculture, military, and data center or critical-power markets. Revenue is managed as one reporting segment, with customer concentration and cyclical industrial demand shaping results.
Provides design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly, and aftermarket components for OEM customers. Work spans commercial vehicles, construction and access equipment, powersports, agriculture, military, data center and critical-power infrastructure, and other industrial applications.
Operations are concentrated in the United States and managed as one reporting segment rather than separate product divisions. Recent acquisitions added aluminum extrusion and Accu-Fab's sheet-metal fabrication, integration, and specialized finishing capabilities.
The model depends on embedded Tier I supply relationships, manufacturing execution, and large OEM programs. Customer concentration, cyclical industrial demand, and credit-funded acquisition growth shape the business, while data center and critical-power projects have become a larger direction under MBX.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 6, 2026 | Northland Securities | Target | Target: $30 | Target: $40 |
| Jul 22, 2026 | DA Davidson | Reiterate | Rating: —Target: $32 | Target: $36 |
| May 11, 2026 | DA Davidson | Reiterate | Rating: —Target: $23 | Target: $32 |
| May 7, 2026 | Northland Securities | Target | Target: $20 | Target: $30 |
| Mar 9, 2026 | DA Davidson | Reiterate | Rating: —Target: — | Target: $23 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.2M · Total debt $154.7M · Total assets $588.6M · Shareholders' equity $325.5M
- Revenue
- $163.0M
- Operating income
- $388.0K
- Net income
- −$2.1M
No dividends on record.
| Institutions | ≈ 99.15% | 20.84M shares | |
|---|---|---|---|
| 167 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 3.97% | 834.0K shares | |
| 12 holders · as of Aug 7, 2026 | |||
| Adds to | 103.12% | ||
21.02M company shares as of Sep 10, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (25.50M in the company's Sep 23, 2026 report, 21.02M elsewhere); stakes use the report.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 103.12%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Portolan Capital Management, LLCInstitution | 6.18% | 1.30M | as of Jun 30, 2026 |
FMR LLCInstitution | 6.09% | 1.28M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 5.63% | 1.18M | as of Jun 30, 2026 |
Allspring Global Investments Holdings, LLCInstitution | 5.10% | 1.07M | as of Jun 30, 2026 |
Driehaus Capital Management LLCInstitution | 4.03% | 846,354 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 6, 2026 | Sean P. Leuba | officer: SVP, GC & Secretary | −12,855 | $25.44 |
| Jun 11, 2026 | Jagadeesh A. Reddy | director, officer: President & CEO | −15,688 | $35.05 |
| Jun 8, 2026 | Jagadeesh A. Reddy | director, officer: President & CEO | −1,300 | $35.01 |
| Jun 1, 2026 | Jagadeesh A. Reddy | director, officer: President & CEO | −35,236 | $30.00 |
| May 26, 2026 | Ryan F. Raber | officer: EVP - Strategy, Sales & Mktg | −20,000 | $26.00 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Mayville Engineering | $17.32 | −0.12% | $364.5M | — | 24.9 | 0.6 | +23.2% |
| Commercial Vehicle Group | $3.04 | +0.17% | $102.8M | — | 24.6 | 0.2 | +13.5% |
| Valmont Industries | $476.94 | +1.91% | $9.03B | 18.6 | — | 2.1 | +6.5% |
| Wabash National | $12.18 | +0.50% | $493.7M | — | — | 0.3 | −9.1% |
| Park-Ohio | $46.64 | −1.12% | $679.2M | 24.8 | 13.3 | 0.4 | +10.0% |
| NN | $3.74 | +10.95% | $278.3M | — | 40.8 | 0.6 | +19.3% |
| Powell Industries | $192.96 | +0.55% | $6.99B | 36.8 | 31.0 | 6.0 | +8.9% |
| nVent Electric | $163.46 | +0.50% | $26.30B | 44.6 | 28.2 | 5.4 | +52.8% |
| AZZ | $138.34 | +1.10% | $4.11B | 20.9 | 19.1 | 2.5 | +6.3% |
| Median | 24.8 | 26.4 | 1.4 | +9.5% |