Mayville Engineering Company (MEC) Deferred Taxes (2019 - 2024)
Mayville Engineering Company's Deferred Taxes came in at -$2.77 million for Q4 2024, compared with $330,000 a year earlier.
Analysis
Mayville Engineering Company (MEC) Deferred Taxes (2019 - 2024) Analysis & Trends
For FY2024, Mayville Engineering Company's Deferred Taxes was -$4.23 million.
- Going back by year, Deferred Taxes was -$687,000 in FY2023, -$4.71 million in FY2022, $3.32 million in FY2021 (-31.6%) and $4.86 million in FY2020 (-18.9%).
- The Q4 2024 figure represents the lowest quarterly Deferred Taxes since Q3 2022.
- Business Quant data shows MEC's Deferred Taxes at $310,000 (Q3 2024), -$605,000 (Q2 2024) and -$1.16 million (Q1 2024) in the three quarters before Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 110.00 Mn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 114.30 Mn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 7.00 Mn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | -98.00 Mn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 3.00 Mn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 2.10 Mn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | - |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 45.00 Mn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | -6.00 Mn |
| 10 | Mayville Engineering Company | 428.92 Mn | 421.93 Mn | 17.70 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -2.77 Mn |
| Sep 30, 2024 | 310,000.00 |
| Jun 30, 2024 | -605,000.00 |
| Mar 31, 2024 | -1.16 Mn |
| Dec 31, 2023 | 330,000.00 |
| Sep 30, 2023 | -379,000.00 |
| Jun 30, 2023 | -197,000.00 |
| Mar 31, 2023 | -441,000.00 |
| Dec 31, 2022 | 781,000.00 |
| Sep 30, 2022 | -2.99 Mn |
| Jun 30, 2022 | -1.35 Mn |
| Mar 31, 2022 | -1.16 Mn |
| Dec 31, 2021 | 4.48 Mn |
| Sep 30, 2021 | 332,000.00 |
| Jun 30, 2021 | -746,000.00 |
| Mar 31, 2021 | -738,000.00 |
| Dec 31, 2020 | 3.67 Mn |
| Sep 30, 2020 | -706,000.00 |
| Jun 30, 2020 | 2.60 Mn |
| Mar 31, 2020 | -706,000.00 |
API Access
Mayville Engineering Company Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=MEC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "MEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();