Mayville Engineering Company (MEC) Current Deferred Revenue (2019 - 2022)
Mayville Engineering Company's (MEC) quarterly Current Deferred Revenue came in at $6.1 million in Q4 2022, up 125.94% YoY from $2.7 million in Q4 2021, and up 125.94% on a QoQ basis from $2.7 million in Q4 2021.
Mayville Engineering Company (MEC) Current Deferred Revenue (2019 - 2022) Analysis & Trends
Mayville Engineering Company (MEC) has 4 years of Current Deferred Revenue data on file, last reported at $6.1 million in Q4 2022.
- Quarterly Current Deferred Revenue rose 125.94% year-over-year to $6.1 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $6.1 million (up 125.94% YoY) and the FY2022 annual result came in at $6.1 million, up 125.94% from the prior year.
- Current Deferred Revenue rose to $6.1 million in Q4 2022, from $2.7 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $6.1 million in Q4 2022 to a low of $914000.0 in Q4 2019.
- A 4-year average of $2.7 million and a median of $1.9 million in 2020 frame the typical range for Current Deferred Revenue.
- Annual changes were most pronounced in 2020 — Current Deferred Revenue climbed 15.97% — and 2021, when it soared 156.42%.
- Tracing MEC's Current Deferred Revenue over 4 years: 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 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn |
| 4 | Commercial Metals | 7.25 Bn | 6.69 Bn | 455.14 Mn |
| 5 | Esab | 4.82 Bn | 4.61 Bn | 307.21 Mn |
| 6 | Gpgi | 3.71 Bn | 3.71 Bn | - |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn |
| 10 | Mayville Engineering Company | 516.15 Mn | 513.95 Mn | 17.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 6.14 Mn |
| Dec 31, 2021 | 2.72 Mn |
| Dec 31, 2020 | 1.06 Mn |
| Dec 31, 2019 | 914,000.00 |