Growth Metrics

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

Mayville Engineering Company's Deferred Taxes history spans 6 years, with the latest figure at -$2.8 million for Q4 2024.

  • For Q4 2024, Deferred Taxes fell 939.7% year-over-year to -$2.8 million; the TTM value through Dec 2024 reached -$4.2 million, down 514.99%, while the annual FY2024 figure was -$4.2 million, 514.99% down from the prior year.
  • Deferred Taxes reached -$2.8 million in Q4 2024 per MEC's latest filing, down from $310000.0 in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $4.5 million in Q4 2021 to a low of -$3.0 million in Q3 2022.
  • Average Deferred Taxes over 5 years is -$72100.0, with a median of -$523000.0 recorded in 2023.
  • Peak YoY movement for Deferred Taxes: tumbled 999.7% in 2022, then soared 181.79% in 2024.
  • A 5-year view of Deferred Taxes shows it 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.
  • Per Business Quant, the three most recent readings for MEC's Deferred Taxes are -$2.8 million (Q4 2024), $310000.0 (Q3 2024), and -$605000.0 (Q2 2024).