MEC vs LCII Stock Comparison

Mayville Engineering Company and Lci Industries Prices as of Oct 26, 2026 Peers: Industry group
LCII Lci Industries
$88.01 +4.1% 1M -4.4% 1Y
Market cap
$2.18B
P/E
10.3x
Revenue (TTM)
$4.03B
Div. yield
–
Metal Fabrication Industrials
8 wins

Head to Head

10 decided of 12

Lci Industries leads on 8 of the 12 questions below (Lci Industries 8, Mayville Engineering Company 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMECLCIILeader
Larger companyMarket capitalisation $316.25M $2.18B LCII
Cheaper on earningsLower P/E, profitable companies only -18.3x 10.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 54.6x 10.8x LCII
Faster revenue growthRevenue growth, trailing twelve months +11.8% +4.1% MEC
More profitableNet margin, trailing twelve months -3.0% 5.2% LCII
Better return on capitalReturn on invested capital -1.8% 9.7% LCII
Less leveragedLower net debt / EBITDA 3.9x 1.5x LCII
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -20.7% -4.4% LCII
Better 5-year returnAnnualised price return, 5 years -5.9%/yr -8.5%/yr MEC
Less volatileAnnualised volatility, 1 year 54.6% 37.9% LCII
Higher overall scoreMean of the five percentile scores vs peers 28/100 70/100 LCII

Percentile Scorecard

MECLCII

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

AxisMECLCII
Valuation 48 #106 of 203 99 #4 of 203
Growth 11 #167 of 187 58 #79 of 187
Profitability 23 #142 of 185 61 #72 of 185
Financial Health 31 #151 of 219 46 #119 of 219
Shareholder Returns – 87 #21 of 153
Overall 28 70
  • MEC ranked among 222 companies in Machinery
  • LCII ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodMECLCIISPY
1 month -23.8%+4.1% -0.8%
3 months -55.5%-15.1% +3.5%
6 months -39.9%-25.8% +7.0%
Year to date -30.0%-27.5% +12.2%
1 year -20.7%-4.4% +13.0%
3 years +22.1%-16.8% +86.3%
3 years, per year +6.9%-6.0% +23.1%
5 years -26.2%-35.7% +68.6%
5 years, per year -5.9%-8.5% +11.0%
10 years —-4.9% +258.0%
10 years, per year —-0.5% +13.6%

Risk

MeasureMECLCIISPY
Volatility, 1Y 54.6%37.9% 12.7%
Downside volatility, 1Y 53.1%36.4% 12.7%
Beta vs S&P 500, 1Y 1.550.85 1.00
Return / volatility, 1Y -0.38-0.12 1.02
Max drawdown, 5Y -66.7%-53.5% -25.4%
From 52-week high -65.1%-44.0% -1.8%
52-week high $37.54$157.13 $779.14
52-week low $12.73$78.16 $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.

MultipleMECLCII
P/E now vs peer median -17.2xmedian 26.0x 10.1xmedian 26.0x
P/S now vs peer median 0.6xmedian 1.9x 0.5xmedian 1.9x
EV/EBITDA now vs peer median 14.5xmedian 14.0x 6.5xmedian 14.0x
P/FCF now vs peer median -73.0xmedian 21.4x 7.5xmedian 21.4x
P/B now vs peer median 1.0xmedian 2.2x 1.5xmedian 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 monthsMECLCII
Revenue $586.34M $4.03B
Gross profit $53.52M $1.03B
Operating income -$12.80M $301.92M
Net income -$17.30M $211.27M
Free cash flow -$4.57M $286.96M
EPS (diluted) $-0.76 $8.66
Cash & equivalents $2.20M $216.51M
Total debt $752.49M $852.59M
Shares (diluted) 22.77M 24.39M
Enterprise value $309.26M $1.40B

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
MetricMECLCII
P/E -17.2x 10.1x
P/FCF -73.0x 7.5x
P/Operating cash flow 24.0x 6.2x
P/S 0.6x 0.5x
P/B 1.0x 1.5x
P/Tangible book 1.5x 2.0x
EV/EBITDA 14.5x 6.5x
EV/EBIT -35.8x 9.2x
EV/Revenue 0.8x 0.7x
EV/FCF -100.1x 9.7x
EV/Operating cash flow 32.8x 8.0x
PEG (3Y EPS CAGR) 0.36 0.27

Growth

14 metrics
MetricMECLCII
Revenue growth (1Y) 11.8% 4.1%
Revenue CAGR (3Y) 2.4% 0.1%
Gross profit growth (1Y) -5.8% 13.4%
Gross profit CAGR (3Y) -4.2% 8.7%
Operating income growth (1Y) -142.1% 26.3%
Operating income CAGR (3Y) -37.8% 29.3%
Net income growth (1Y) -196.8% 38.8%
Net income CAGR (3Y) -49.1% 35.5%
EPS growth (1Y) -188.0% 43.1%
EPS CAGR (3Y) -47.4% 37.4%
Operating cash flow growth (1Y) -82.4% 1.9%
Operating cash flow CAGR (3Y) -23.3% -13.1%
Free cash flow growth (1Y) -106.7% -3.4%
Free cash flow CAGR (3Y) 16.0% -12.9%

Profitability

14 metrics
MetricMECLCII
Gross margin 9.1% 25.7%
EBITDA margin 5.4% 10.5%
Operating margin -2.2% 7.5%
Pretax margin -4.7% 7.1%
Net margin -3.0% 5.2%
FCF margin -0.8% 7.1%
Operating cash flow margin 2.4% 8.6%
Return on equity -6.2% 15.0%
Return on assets -3.0% 6.5%
Return on invested capital -1.8% 9.7%
Return on capital employed -2.6% 11.4%
Asset turnover 1.0x 1.2x
Cash conversion (OCF / net income) -0.8x 1.6x
Stock comp / revenue 0.6% 0.6%

Financial Health

11 metrics
MetricMECLCII
Debt / assets 21.4% 26.1%
Debt / equity 0.4x 0.6x
Net debt / EBITDA 3.9x 1.5x
Debt / FCF -27.5x 3.0x
Liabilities / assets 44.7% 56.2%
Equity / assets 55.3% 43.8%
Interest coverage -0.9x –
Current ratio 1.7x 2.5x
Quick ratio 0.9x 1.0x
Cash ratio 0.0x 0.4x
Altman Z-score 1.92 3.14

Shareholder Returns

7 metrics
MetricMECLCII
Dividend yield – 5.2%
Net buyback yield – 0.3%
Shareholder yield – 5.6%
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.

ConsensusMECLCII
Forward P/E 54.6xFY2026 10.8xFY2026
EPS, next fiscal year $0.24FY2026 $8.18FY2026
EPS growth, next FY -22.6%FY2026 +9.7%FY2026
EPS growth, the year after +354.2% +18.7%
Revenue, next fiscal year $666.72MFY2026 $4.16BFY2026
Revenue growth, next FY +22.0%FY2026 +1.1%FY2026
Revenue growth, the year after +4.5% +4.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMECLCII
Held by institutions 83.1% 100.0%
Institutions holding 156 358
Change in shares held, QoQ +47.1% -3.1%
Institutions buying 98 179
Institutions selling 40 123
Buyers to sellers 2.45 1.46

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.

MECLCII
MEC 1.00 0.19
LCII 0.19 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, MEC and LCII?

Lci Industries (LCII) is the largest by market capitalisation: Mayville Engineering Company (MEC) $316.25M, Lci Industries (LCII) $2.18B.

Which company is growing faster?

Mayville Engineering Company (MEC) grew revenue fastest over the trailing twelve months: Mayville Engineering Company (MEC) +11.8%, Lci Industries (LCII) +4.1%.

Which company is more profitable?

Lci Industries (LCII) has the highest net margin (Mayville Engineering Company (MEC) -3.0%, Lci Industries (LCII) 5.2%). On return on invested capital, Lci Industries (LCII) leads (Mayville Engineering Company (MEC) -1.8%, Lci Industries (LCII) 9.7%).

Which stock has performed better?

Over the past year Lci Industries (LCII) returned the most: Mayville Engineering Company (MEC) -20.7%, Lci Industries (LCII) -4.4%. Over five years, Mayville Engineering Company (MEC) compounded fastest (Mayville Engineering Company (MEC) -5.9%/yr, Lci Industries (LCII) -8.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Lci Industries (LCII) has been the steadiest (Mayville Engineering Company (MEC) 54.6%, Lci Industries (LCII) 37.9%). Volatility measures how widely the price swings, not the risk of the business.

Do MEC and LCII move together?

Their daily returns over the past year have a correlation of 0.19, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, MEC and LCII?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Lci Industries (LCII) leads on 8. 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.