Mayville Engineering Company (MEC) Current Deferred Revenue (2019 - 2022)

Mayville Engineering Company (MEC) reported Current Deferred Revenue of $6.1 million for Q4 2022, up 125.94% on a YoY basis from $2.7 million in Q4 2021, and up 125.94% quarter-over-quarter from $2.7 million in Q4 2021.

Mayville Engineering Company (MEC) Current Deferred Revenue (2019 - 2022) Analysis & Trends

Mayville Engineering Company has reported Current Deferred Revenue for 4 years, with the latest figure at $6.1 million in Q4 2022.

  • For the quarter ending Q4 2022, Current Deferred Revenue rose 125.94% year-over-year to $6.1 million; the trailing twelve-month figure through Dec 2022 stood at $6.1 million (up 125.94% YoY), and the FY2022 full-year result was $6.1 million, up 125.94% from the prior year.
  • Current Deferred Revenue for Q4 2022 stood at $6.1 million, up from $2.7 million in the prior quarter.
  • The five-year high for Current Deferred Revenue was $6.1 million in Q4 2022, with the low at $914000.0 in Q4 2019.
  • Historically, Current Deferred Revenue has averaged $2.7 million across 4 years, with a median of $1.9 million in 2020.
  • Annual changes were most pronounced in 2020 — Current Deferred Revenue climbed 15.97% — and 2021, when it soared 156.42%.
  • Mayville Engineering Company's Current Deferred Revenue stood at $914000.0 in 2019, then grew by 15.97% to $1.1 million in 2020, then surged by 156.42% to $2.7 million in 2021, then jumped by 125.94% to $6.1 million in 2022.
  • The last three Current Deferred Revenue figures came in at $6.1 million (Q4 2022), $2.7 million (Q4 2021), and $1.1 million (Q4 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn
6 Gpgi 3.86 Bn 3.85 Bn -
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn
10 Mayville Engineering Company 727.03 Mn 724.96 Mn 10.96 Mn

Historic Data

Download Data
DateValue
Dec 31, 2022 6.14 Mn
Dec 31, 2021 2.72 Mn
Dec 31, 2020 1.06 Mn
Dec 31, 2019 914,000.00