MEC vs AZZ Stock Comparison

Mayville Engineering Company and Azz Prices as of Oct 26, 2026 Peers: Industry group
AZZ Azz Inc
$133.41 -2.6% 1M +35.2% 1Y
Market cap
$4.06B
P/E
24.2x
Revenue (TTM)
$1.75B
Div. yield
–
Metal Fabrication Industrials
9 wins

Head to Head

10 decided of 12

Azz leads on 9 of the 12 questions below (Azz 9, Mayville Engineering Company 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMECAZZLeader
Larger companyMarket capitalisation $306.57M $4.06B AZZ
Cheaper on earningsLower P/E, profitable companies only -17.7x 24.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 54.6x 18.1x AZZ
Faster revenue growthRevenue growth, trailing twelve months +11.8% +9.5% MEC
More profitableNet margin, trailing twelve months -3.0% 9.6% AZZ
Better return on capitalReturn on invested capital -1.8% 11.4% AZZ
Less leveragedLower net debt / EBITDA 3.9x 1.2x AZZ
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -20.7% +35.2% AZZ
Better 5-year returnAnnualised price return, 5 years -5.9%/yr +20.8%/yr AZZ
Less volatileAnnualised volatility, 1 year 54.6% 32.1% AZZ
Higher overall scoreMean of the five percentile scores vs peers 28/100 58/100 AZZ

Percentile Scorecard

MECAZZ

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMECAZZ
Valuation 48 #106 of 203 75 #52 of 203
Growth 11 #167 of 187 63 #69 of 187
Profitability 23 #142 of 185 72 #52 of 185
Financial Health 31 #151 of 219 56 #98 of 219
Shareholder Returns – 24 #117 of 153
Overall 28 58
  • MEC ranked among 222 companies in Machinery
  • AZZ ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMECAZZSPY
1 month -23.8%-2.6% -0.8%
3 months -55.5%-10.2% +3.5%
6 months -39.9%-7.9% +7.0%
Year to date -30.0%+24.5% +12.2%
1 year -20.7%+35.2% +13.0%
3 years +22.1%+187.2% +86.3%
3 years, per year +6.9%+42.2% +23.1%
5 years -26.2%+157.4% +68.6%
5 years, per year -5.9%+20.8% +11.0%
10 years —+149.6% +258.0%
10 years, per year —+9.6% +13.6%

Risk

MeasureMECAZZSPY
Volatility, 1Y 54.6%32.1% 12.7%
Downside volatility, 1Y 53.1%30.2% 12.7%
Beta vs S&P 500, 1Y 1.551.17 1.00
Return / volatility, 1Y -0.381.10 1.02
Max drawdown, 5Y -66.7%-46.8% -25.4%
From 52-week high -65.1%-16.7% -1.8%
52-week high $37.54$160.17 $779.14
52-week low $12.73$97.64 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMECAZZ
P/E now vs peer median -17.2xmedian 26.0x 23.9xmedian 26.0x
P/S now vs peer median 0.6xmedian 1.9x 2.3xmedian 1.9x
EV/EBITDA now vs peer median 14.5xmedian 14.0x 11.7xmedian 14.0x
P/FCF now vs peer median -73.0xmedian 21.4x 18.6xmedian 21.4x
P/B now vs peer median 1.0xmedian 2.2x 2.8xmedian 2.2x
PEG now vs peer median 0.36median 1.26 0.27median 1.26

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMECAZZ
Revenue $586.34M $1.75B
Gross profit $53.52M $423.83M
Operating income -$12.80M $287.42M
Net income -$17.30M $167.46M
Free cash flow -$4.57M $214.45M
EPS (diluted) $-0.76 $5.56
Cash & equivalents $2.20M $1.95M
Total debt $752.49M $468.47M
Shares (diluted) 22.77M 30.12M
Enterprise value $299.58M $4.06B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMECAZZ
P/E -17.2x 23.9x
P/FCF -73.0x 18.6x
P/Operating cash flow 24.0x 13.7x
P/S 0.6x 2.3x
P/B 1.0x 2.8x
P/Tangible book 1.5x 4.0x
EV/EBITDA 14.5x 11.7x
EV/EBIT -35.8x 15.5x
EV/Revenue 0.8x 2.6x
EV/FCF -100.1x 20.8x
EV/Operating cash flow 32.8x 15.3x
PEG (3Y EPS CAGR) 0.36 0.27

Growth

14 metrics
MetricMECAZZ
Revenue growth (1Y) 11.8% 9.5%
Revenue CAGR (3Y) 2.4% 5.2%
Gross profit growth (1Y) -5.8% 11.0%
Gross profit CAGR (3Y) -4.2% 8.9%
Operating income growth (1Y) -142.1% 21.3%
Operating income CAGR (3Y) -37.8% 11.4%
Net income growth (1Y) -196.8% -46.7%
Net income CAGR (3Y) -49.1% 99.0%
EPS growth (1Y) -188.0% -46.5%
EPS CAGR (3Y) -47.4% 87.1%
Operating cash flow growth (1Y) -82.4% -42.0%
Operating cash flow CAGR (3Y) -23.3% 20.3%
Free cash flow growth (1Y) -106.7% -47.3%
Free cash flow CAGR (3Y) 16.0% 35.3%

Profitability

14 metrics
MetricMECAZZ
Gross margin 9.1% 24.3%
EBITDA margin 5.4% 21.8%
Operating margin -2.2% 16.5%
Pretax margin -4.7% 12.9%
Net margin -3.0% 9.6%
FCF margin -0.8% 12.3%
Operating cash flow margin 2.4% 16.7%
Return on equity -6.2% 12.0%
Return on assets -3.0% 7.3%
Return on invested capital -1.8% 11.4%
Return on capital employed -2.6% 14.1%
Asset turnover 1.0x 0.8x
Cash conversion (OCF / net income) -0.8x 1.7x
Stock comp / revenue 0.6% 0.8%

Financial Health

11 metrics
MetricMECAZZ
Debt / assets 21.4% 20.0%
Debt / equity 0.4x 0.3x
Net debt / EBITDA 3.9x 1.2x
Debt / FCF -27.5x 2.2x
Liabilities / assets 44.7% 39.5%
Equity / assets 55.3% 60.5%
Interest coverage -0.9x 6.3x
Current ratio 1.7x 1.8x
Quick ratio 0.9x 0.8x
Cash ratio 0.0x 0.0x
Altman Z-score 1.92 4.44

Shareholder Returns

7 metrics
MetricMECAZZ
Dividend yield – 0.7%
Net buyback yield – –
Shareholder yield – 0.7%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMECAZZ
Forward P/E 54.6xFY2026 18.1xFY2026
EPS, next fiscal year $0.24FY2026 $7.37FY2026
EPS growth, next FY -22.6%FY2026 +19.1%FY2026
EPS growth, the year after +354.2% +12.1%
Revenue, next fiscal year $666.72MFY2026 $1.97BFY2026
Revenue growth, next FY +22.0%FY2026 +19.4%FY2026
Revenue growth, the year after +4.5% -8.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMECAZZ
Held by institutions 83.1% 94.6%
Institutions holding 156 364
Change in shares held, QoQ +47.1% +1.1%
Institutions buying 98 196
Institutions selling 40 119
Buyers to sellers 2.45 1.65

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MECAZZ
MEC 1.00 0.39
AZZ 0.39 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, MEC and AZZ?

Azz (AZZ) is the largest by market capitalisation: Mayville Engineering Company (MEC) $306.57M, Azz (AZZ) $4.06B.

Which company is growing faster?

Mayville Engineering Company (MEC) grew revenue fastest over the trailing twelve months: Mayville Engineering Company (MEC) +11.8%, Azz (AZZ) +9.5%.

Which company is more profitable?

Azz (AZZ) has the highest net margin (Mayville Engineering Company (MEC) -3.0%, Azz (AZZ) 9.6%). On return on invested capital, Azz (AZZ) leads (Mayville Engineering Company (MEC) -1.8%, Azz (AZZ) 11.4%).

Which stock has performed better?

Over the past year Azz (AZZ) returned the most: Mayville Engineering Company (MEC) -20.7%, Azz (AZZ) +35.2%. Over five years, Azz (AZZ) compounded fastest (Mayville Engineering Company (MEC) -5.9%/yr, Azz (AZZ) +20.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Azz (AZZ) has been the steadiest (Mayville Engineering Company (MEC) 54.6%, Azz (AZZ) 32.1%). Volatility measures how widely the price swings, not the risk of the business.

Do MEC and AZZ move together?

Their daily returns over the past year have a correlation of 0.39, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, MEC and AZZ?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Azz (AZZ) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.