$25.45

+2.32 (+10.03%)

Weekly Expected Move ±7.3%

$22 $23 $25 $27 $29

NYSE · Industrials · Manufacturing - Metal Fabrication · Alpha Radar Neutral · Power 54 · $521.6M mcap · 14M float · 1.59% daily turnover · Short 34% of daily vol

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$546M -6.0% ▼

5Y CAGR: +8.9%

Gross Profit

$45M -36.5% ▼

5Y CAGR: +7.5%

Operating Income

$2M -95.7% ▼

Net Income

-$8M -131.2% ▼

EPS (Diluted)

$-0.40 -132.3% ▼

EBITDA

$43M -47.4% ▼

5Y CAGR: +11.0%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$455M	$539M	$588M	$582M	$546M
YoY Growth	+27.2%	+18.6%	+9.1%	-1.2%	-6.0%
Cost of Revenue	$403M	$478M	$519M	$511M	$501M
Gross Profit	$51M	$61M	$70M	$71M	$45M
Gross Margin	11.3%	11.3%	11.8%	12.2%	8.3%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$32M	$33M	$42M	$45M	$39M
Operating Expenses	$59M	$35M	$50M	$27M	$43M
Operating Income	-$7M	$26M	$20M	$45M	$2M
Operating Margin	-1.6%	4.8%	3.4%	7.7%	0.3%
Interest Expense	$2M	$3M	$11M	$11M	$10M
Income Before Tax	-$9M	$22M	$9M	$34M	-$14M
Tax Expense	-$2M	$4M	$1M	$8M	-$6M
Net Income	-$7M	$19M	$8M	$26M	-$8M
Net Margin	-1.6%	3.5%	1.3%	4.5%	-1.5%
EPS (Diluted)	$-0.37	$0.92	$0.38	$1.24	$-0.40
EBITDA	$24M	$55M	$55M	$82M	$43M
Shares Outstanding	21M	21M	21M	21M	20M

Line Item	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1
Revenue	$164M	$135M	$121M	$136M	$132M	$144M	$134M	$145M
Cost of Revenue	$141M	$118M	$111M	$120M	$119M	$131M	$125M	$137M
Gross Profit	$22M	$17M	$11M	$15M	$14M	$13M	$9M	$8M
Gross Margin	13.6%	12.6%	8.9%	11.3%	10.3%	8.9%	6.6%	5.4%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$12M	$10M	$12M	$12M	$12M	$13M	$11M	$9M
Operating Expenses	$14M	$11M	-$12M	$14M	$14M	$13M	$14M	$12M
Operating Income	$8M	$6M	$23M	$2M	$76K	$48K	-$6M	-$4M
Operating Margin	5.0%	4.2%	19.0%	1.2%	0.1%	0.0%	-4.1%	-2.6%
Interest Expense	$3M	$3M	$2M	$2M	$1M	$3M	$4M	-$4M
Income Before Tax	$5M	$3M	$21M	$10K	-$1M	-$3M	-$9M	-$11M
Tax Expense	$1M	$100K	$5M	-$10K	-$225K	-$707K	-$5M	-$3M
Net Income	$4M	$3M	$16M	$20K	-$1M	-$3M	-$4M	-$8M
Net Margin	2.3%	2.2%	13.2%	0.0%	-0.8%	-1.9%	-3.2%	-5.6%
EPS (Diluted)	$0.18	$0.14	$0.76	$0.00	$-0.05	$-0.13	$-0.21	$-0.40
EBITDA	$18M	$15M	$33M	$11M	$10M	$11M	$6M	$7M
Shares Outstanding	21M	21M	21M	21M	21M	20M	20M	20M

MEC NYSE