Growth Metrics

Mayville Engineering Company (MEC) Deferred Taxes (2019 - 2024)

Mayville Engineering Company (MEC) has disclosed Deferred Taxes for 6 consecutive years, with -$2.8 million as the latest value for Q4 2024.

  • For the quarter ending Q4 2024, Deferred Taxes fell 939.7% year-over-year to -$2.8 million, compared with a TTM value of -$4.2 million through Dec 2024, down 514.99%, and an annual FY2024 reading of -$4.2 million, down 514.99% over the prior year.
  • Deferred Taxes was -$2.8 million for Q4 2024 at Mayville Engineering Company, down from $310000.0 in the prior quarter.
  • Across five years, Deferred Taxes topped out at $4.5 million in Q4 2021 and bottomed at -$3.0 million in Q3 2022.
  • Average Deferred Taxes over 5 years is -$72100.0, with a median of -$523000.0 recorded in 2023.
  • The sharpest move saw Deferred Taxes tumbled 999.7% in 2022, then soared 181.79% in 2024.
  • Year by year, Deferred Taxes stood at $3.7 million in 2020, then rose by 22.0% to $4.5 million in 2021, then crashed by 82.55% to $781000.0 in 2022, then tumbled by 57.75% to $330000.0 in 2023, then crashed by 939.7% to -$2.8 million in 2024.
  • Business Quant data shows Deferred Taxes for MEC at -$2.8 million in Q4 2024, $310000.0 in Q3 2024, and -$605000.0 in Q2 2024.