Mayville Engineering Company, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.5M | $206.0K | $672.0K | $127.0K | $118.0K | $121.0K | $1.0K | $3.1M |
| Accounts Receivable | $57.6M | $49.8M | $57.4M | $58.0M | $55.4M | $42.1M | $40.2M | $52.3M |
| Inventory | $59.4M | $54.8M | $67.8M | $71.7M | $70.2M | $41.4M | $45.7M | $53.4M |
| Total Current Assets | $128.4M | $112.9M | $134.6M | $141.3M | $132.6M | $89.2M | $90.5M | $112.8M |
| Property, Plant & Equipment | $150.0M | $156.5M | $175.7M | $145.8M | $120.7M | $106.7M | $125.1M | $123.9M |
| Goodwill | $140.2M | $92.7M | $92.7M | $71.5M | $71.5M | $71.5M | $71.5M | $69.4M |
| Intangible Assets (Excl. Goodwill) | $111.3M | $51.7M | $58.7M | $43.8M | $50.8M | $61.5M | $72.2M | $82.9M |
| Total Assets | $563.6M | $445.6M | $496.7M | $440.6M | $379.5M | $338.5M | $363.6M | $391.7M |
| Liabilities | ||||||||
| Accounts Payable | $52.4M | $39.1M | $46.5M | $53.7M | $50.1M | $33.5M | $32.2M | $46.0M |
| Total Current Liabilities | $74.8M | $64.6M | $71.7M | $102.4M | $77.4M | $52.7M | $48.2M | $83.2M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $322.9M | $193.8M | $266.7M | $222.7M | $181.2M | $137.7M | $162.7M | $288.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $52.0M | $60.1M | $34.1M | $26.3M | $7.5M | $15.0M | $22.1M | — |
| Total Stockholders' Equity | $240.7M | $251.8M | $230.0M | $217.9M | $198.3M | $200.9M | $200.9M | — |