{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-002488","form_type":"8-K","ticker":"MEC","cik":"0001766368","company_name":"Mayville Engineering Company, Inc.","filed_at":"2024-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.449683+00:00","generated_at":"2026-06-05T03:55:33.638391+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"MEC Q4 net sales +15.6% to $148.6M; Adj EBITDA $17.7M; FY2024 guidance issued","bullets":["Q4 net sales $148.6M (+15.6% y/y), organic growth 6.1%; net income $2.2M ($0.11 diluted EPS), Adj EPS $0.21.","Full-year 2023 net sales $588.4M (+9.1% y/y); Adj EBITDA $66.1M (11.2% margin); record quarterly FCF $19.9M in Q4.","UAW strikes reduced Q4 sales ~$5M, Adj EBITDA $1.6M; Hazel Park ramp-up cost $1.3M in Q4.","FY2024 guidance: net sales $620-640M, Adj EBITDA $72-76M, free cash flow $35-45M.","MSA acquisition expected to deliver ≥$20M annual synergies by 2026; net leverage target 1.5x-2.0x by end-2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-002488","json":"https://secwatch.observer/filing/0001558370-24-002488.json","markdown":"https://secwatch.observer/filing/0001558370-24-002488.md","text":"https://secwatch.observer/filing/0001558370-24-002488.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1766368/000155837024002488/0001558370-24-002488-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1766368/000155837024002488/tmb-20240305x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T03:55:33.638391+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4370c348cd4170a949bd4cbbc74759c6ae302de9","claim":"Mayville Engineering Company, Inc. reported three and twelve months ended December 31, 2023 results: revenue $148.6 million, net income $2.2 million, EPS $0.11 per diluted share. Guidance initiated.","evidence_excerpt":"today announced results for the three and twelve-months ended December 31, 2023. FOURTH QUARTER 2023 RESULTS (All comparisons versus the prior-year period) ​ ● Net sales of $148.6 million, or +15.6% y/y, including organic growth of 6.1% y/y ● Net income of $2.2 million, or $0.11 per diluted share; Non-GAAP Adjusted Diluted EPS of $0.21 ● Adjusted EBITDA of $17.7","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766368/000155837024002488/0001558370-24-002488-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and twelve months ended December 31, 2023"},{"label":"Revenue","value":"$148.6 million"},{"label":"Net income","value":"$2.2 million"},{"label":"EPS","value":"$0.11 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c60e625478439d070d1b4db799c231cae21f7c60","claim":"Mayville Engineering Company, Inc. reported the three and twelve-months ended December 31, 2023 results: revenue $588.4 million, net income $7.8 million, EPS $0.38 per diluted share. Guidance initiated.","evidence_excerpt":"● Ratio of net debt to trailing twelve-month Adjusted EBITDA of 2.1x as of Dec 31, 2023 FULL-YEAR 2023 RESULTS (All comparisons versus the prior-year period) ​ ● Net sales of $588.4 million, or +9.1% y/y, including organic growth of 4.3% y/y ● Net income of $7.8 million, or $0.38 per diluted share; non-GAAP Adjusted Diluted EPS of $0.79 ● Adjusted EBITDA of $66.1","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766368/000155837024002488/0001558370-24-002488-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and twelve-months ended December 31, 2023"},{"label":"Revenue","value":"$588.4 million"},{"label":"Net income","value":"$7.8 million"},{"label":"EPS","value":"$0.38 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e65f1100373575c8f45e221bc5730932e4bfdaf0","claim":"Mayville Engineering Company, Inc. updated its guidance (initiated).","evidence_excerpt":"FULL-YEAR 2024 FINANCIAL GUIDANCE ● Net sales of between $620 million and $640 million ● Adjusted EBITDA of between $72 million and $76 million ● Free Cash Flow of between $35 million to $45 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766368/000155837024002488/0001558370-24-002488-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}