Annual Gross Margin
12.22%
+0.37%+3.12%
December 31, 2024
Summary
- As of March 10, 2025, MEC annual gross profit margin is 12.22%, with the most recent change of +0.37% (+3.12%) on December 31, 2024.
- During the last 3 years, MEC annual gross margin has risen by +0.92% (+8.14%).
- MEC annual gross margin is now -14.37% below its all-time high of 14.27%, reached on December 31, 2018.
Performance
MEC Gross Margin Chart
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Highlights
High & Low
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Quarterly Gross Margin
8.90%
-3.73%-29.53%
December 31, 2024
Summary
- As of March 10, 2025, MEC quarterly gross profit margin is 8.90%, with the most recent change of -3.73% (-29.53%) on December 31, 2024.
- Over the past year, MEC quarterly gross margin has stayed the same.
- MEC quarterly gross margin is now -47.62% below its all-time high of 16.99%, reached on June 30, 2018.
Performance
MEC Quarterly Gross Margin Chart
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Gross Margin Formula
Gross Margin = Gross Profit
Revenue ✕ 100%
Revenue ✕ 100%
MEC Gross Margin Trends
| PeriodPeriod | AnnualAnnual | QuarterlyQuarterly |
|---|---|---|
| 1 y1 year | +3.1% | 0.0% |
| 3 y3 years | +8.1% | 0.0% |
| 5 y5 years | +8.1% | 0.0% |
MEC Gross Margin Highs & Lows
| PeriodPeriod | Annual vs highAnnual vs high | Annual vs lowAnnual vs low | Quarter. vs highQuarter. vs high | Quarter. vs lowQuarter. vs low | |
|---|---|---|---|---|---|
| 3 y | 3-year | at high | +8.1% | -34.6% | +6.8% |
| 5 y | 5-year | at high | +38.7% | -34.6% | +583.7% |
| alltime | all time | -14.4% | +38.7% | -47.6% | +583.7% |
Mayville Engineering Gross Margin History
| Date | Annual | Quarterly |
|---|---|---|
| Dec 2024 | 12.22%(+3.1%) | 8.90%(-29.5%) |
| Sep 2024 | - | 12.63%(-7.2%) |
| Jun 2024 | - | 13.61%(+4.9%) |
| Mar 2024 | - | 12.98%(+5.9%) |
| Dec 2023 | 11.85%(+4.7%) | 12.26%(+2.0%) |
| Sep 2023 | - | 12.02%(+3.8%) |
| Jun 2023 | - | 11.58%(+0.9%) |
| Mar 2023 | - | 11.48%(+13.7%) |
| Dec 2022 | 11.32%(+0.2%) | 10.10%(-11.0%) |
| Sep 2022 | - | 11.35%(-14.0%) |
| Jun 2022 | - | 13.20%(+20.9%) |
| Mar 2022 | - | 10.92%(+31.1%) |
| Dec 2021 | 11.30% | 8.33%(-16.8%) |
| Sep 2021 | - | 10.01%(-26.1%) |
| Date | Annual | Quarterly |
|---|---|---|
| Jun 2021 | - | 13.54%(+3.2%) |
| Mar 2021 | - | 13.12%(+12.9%) |
| Dec 2020 | 8.81%(-22.0%) | 11.62%(+8.7%) |
| Sep 2020 | - | 10.69%(-681.0%) |
| Jun 2020 | - | -1.84%(-116.9%) |
| Mar 2020 | - | 10.90%(+176.6%) |
| Dec 2019 | 11.30%(-20.8%) | 3.94%(-65.3%) |
| Sep 2019 | - | 11.34%(-19.9%) |
| Jun 2019 | - | 14.15%(+3.9%) |
| Mar 2019 | - | 13.62%(+19.8%) |
| Dec 2018 | 14.27%(+28.7%) | 11.37%(-25.2%) |
| Sep 2018 | - | 15.20%(-10.5%) |
| Jun 2018 | - | 16.99%(+25.5%) |
| Mar 2018 | - | 13.54% |
| Dec 2017 | 11.09% | - |
FAQ
- What is Mayville Engineering annual gross profit margin?
- What is the all time high annual gross margin for Mayville Engineering?
- What is Mayville Engineering annual gross margin year-on-year change?
- What is Mayville Engineering quarterly gross profit margin?
- What is the all time high quarterly gross margin for Mayville Engineering?
- What is Mayville Engineering quarterly gross margin year-on-year change?
What is Mayville Engineering annual gross profit margin?
The current annual gross margin of MEC is 12.22%
What is the all time high annual gross margin for Mayville Engineering?
Mayville Engineering all-time high annual gross profit margin is 14.27%
What is Mayville Engineering annual gross margin year-on-year change?
Over the past year, MEC annual gross profit margin has changed by +0.37% (+3.12%)
What is Mayville Engineering quarterly gross profit margin?
The current quarterly gross margin of MEC is 8.90%
What is the all time high quarterly gross margin for Mayville Engineering?
Mayville Engineering all-time high quarterly gross profit margin is 16.99%
What is Mayville Engineering quarterly gross margin year-on-year change?
Over the past year, MEC quarterly gross profit margin has changed by 0.00% (0.00%)