vs

Side-by-side financial comparison of Burke & Herbert Financial Services Corp. (BHRB) and Mayville Engineering Company, Inc. (MEC). Click either name above to swap in a different company.

Mayville Engineering Company, Inc. is the larger business by last-quarter revenue ($134.3M vs $86.5M, roughly 1.6× Burke & Herbert Financial Services Corp.). Burke & Herbert Financial Services Corp. runs the higher net margin — 34.9% vs -3.2%, a 38.2% gap on every dollar of revenue. On growth, Mayville Engineering Company, Inc. posted the faster year-over-year revenue change (10.7% vs 4.9%). Burke & Herbert Financial Services Corp. produced more free cash flow last quarter ($96.2M vs $10.2M). Over the past eight quarters, Burke & Herbert Financial Services Corp.'s revenue compounded faster (81.1% CAGR vs -8.8%).

Burke & Herbert Financial Services Corp is a U.S.-based regional financial holding company, offering personal and commercial banking, wealth management, residential mortgage lending, and small business financing services. Its core market covers Virginia and adjacent Mid-Atlantic regions, serving retail consumers, SMEs, and high-net-worth clients.

Mayville Engineering Company, Inc. is a U.S.-headquartered leading manufacturer of metal components, fabricated assemblies, and custom engineered solutions. It serves OEM clients across agriculture, construction, transportation, defense, and power sports markets, offering end-to-end services from prototyping to high-volume production for North America.

BHRB vs MEC — Head-to-Head

Bigger by revenue
MEC
MEC
1.6× larger
MEC
$134.3M
$86.5M
BHRB
Growing faster (revenue YoY)
MEC
MEC
+5.8% gap
MEC
10.7%
4.9%
BHRB
Higher net margin
BHRB
BHRB
38.2% more per $
BHRB
34.9%
-3.2%
MEC
More free cash flow
BHRB
BHRB
$86.1M more FCF
BHRB
$96.2M
$10.2M
MEC
Faster 2-yr revenue CAGR
BHRB
BHRB
Annualised
BHRB
81.1%
-8.8%
MEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BHRB
BHRB
MEC
MEC
Revenue
$86.5M
$134.3M
Net Profit
$30.2M
$-4.4M
Gross Margin
6.8%
Operating Margin
43.8%
-4.1%
Net Margin
34.9%
-3.2%
Revenue YoY
4.9%
10.7%
Net Profit YoY
52.8%
-127.3%
EPS (diluted)
$1.98
$-0.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BHRB
BHRB
MEC
MEC
Q4 25
$86.5M
$134.3M
Q3 25
$85.4M
$144.3M
Q2 25
$87.1M
$132.3M
Q1 25
$83.0M
$135.6M
Q4 24
$82.5M
$121.3M
Q3 24
$83.8M
$135.4M
Q2 24
$69.3M
$163.6M
Q1 24
$26.4M
$161.3M
Net Profit
BHRB
BHRB
MEC
MEC
Q4 25
$30.2M
$-4.4M
Q3 25
$30.0M
$-2.7M
Q2 25
$29.9M
$-1.1M
Q1 25
$27.2M
$20.0K
Q4 24
$19.8M
$16.0M
Q3 24
$27.6M
$3.0M
Q2 24
$-16.9M
$3.8M
Q1 24
$5.2M
$3.2M
Gross Margin
BHRB
BHRB
MEC
MEC
Q4 25
6.8%
Q3 25
11.0%
Q2 25
10.3%
Q1 25
11.3%
Q4 24
8.9%
Q3 24
12.6%
Q2 24
13.6%
Q1 24
13.0%
Operating Margin
BHRB
BHRB
MEC
MEC
Q4 25
43.8%
-4.1%
Q3 25
43.3%
0.0%
Q2 25
42.7%
0.1%
Q1 25
39.6%
1.2%
Q4 24
24.6%
19.0%
Q3 24
39.2%
4.2%
Q2 24
-27.5%
5.0%
Q1 24
22.3%
4.7%
Net Margin
BHRB
BHRB
MEC
MEC
Q4 25
34.9%
-3.2%
Q3 25
35.1%
-1.9%
Q2 25
34.3%
-0.8%
Q1 25
32.8%
0.0%
Q4 24
24.0%
13.2%
Q3 24
33.0%
2.2%
Q2 24
-24.4%
2.3%
Q1 24
19.8%
2.0%
EPS (diluted)
BHRB
BHRB
MEC
MEC
Q4 25
$1.98
$-0.22
Q3 25
$1.97
$-0.13
Q2 25
$1.97
$-0.05
Q1 25
$1.80
$0.00
Q4 24
$1.72
$0.76
Q3 24
$1.82
$0.14
Q2 24
$-1.41
$0.18
Q1 24
$0.69
$0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BHRB
BHRB
MEC
MEC
Cash + ST InvestmentsLiquidity on hand
$1.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$854.6M
$240.7M
Total Assets
$7.9B
$563.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHRB
BHRB
MEC
MEC
Q4 25
$1.5M
Q3 25
$1.2M
Q2 25
$206.0K
Q1 25
$183.0K
Q4 24
$206.0K
Q3 24
$178.0K
Q2 24
$314.0K
Q1 24
$314.0K
Stockholders' Equity
BHRB
BHRB
MEC
MEC
Q4 25
$854.6M
$240.7M
Q3 25
$822.2M
$244.8M
Q2 25
$780.0M
$246.8M
Q1 25
$758.0M
$250.0M
Q4 24
$730.2M
$251.8M
Q3 24
$738.1M
$238.4M
Q2 24
$693.1M
$238.1M
Q1 24
$319.3M
$234.0M
Total Assets
BHRB
BHRB
MEC
MEC
Q4 25
$7.9B
$563.6M
Q3 25
$7.9B
$585.6M
Q2 25
$8.1B
$433.7M
Q1 25
$7.8B
$447.7M
Q4 24
$7.8B
$445.6M
Q3 24
$7.9B
$466.0M
Q2 24
$7.8B
$488.2M
Q1 24
$3.7B
$499.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BHRB
BHRB
MEC
MEC
Operating Cash FlowLast quarter
$107.9M
$13.4M
Free Cash FlowOCF − Capex
$96.2M
$10.2M
FCF MarginFCF / Revenue
111.2%
7.6%
Capex IntensityCapex / Revenue
13.5%
2.4%
Cash ConversionOCF / Net Profit
3.57×
TTM Free Cash FlowTrailing 4 quarters
$164.1M
$26.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHRB
BHRB
MEC
MEC
Q4 25
$107.9M
$13.4M
Q3 25
$39.3M
$1.9M
Q2 25
$41.0K
$15.0M
Q1 25
$37.6M
$8.3M
Q4 24
$85.8M
$38.0M
Q3 24
$47.8M
$17.9M
Q2 24
$-46.0M
$23.3M
Q1 24
$7.1M
$10.6M
Free Cash Flow
BHRB
BHRB
MEC
MEC
Q4 25
$96.2M
$10.2M
Q3 25
$35.4M
$-1.1M
Q2 25
$-3.4M
$12.5M
Q1 25
$35.9M
$5.4M
Q4 24
$81.2M
$35.6M
Q3 24
$46.0M
$15.1M
Q2 24
$-47.0M
$19.2M
Q1 24
$5.6M
$7.8M
FCF Margin
BHRB
BHRB
MEC
MEC
Q4 25
111.2%
7.6%
Q3 25
41.5%
-0.8%
Q2 25
-3.9%
9.5%
Q1 25
43.2%
4.0%
Q4 24
98.5%
29.4%
Q3 24
55.0%
11.1%
Q2 24
-67.8%
11.7%
Q1 24
21.2%
4.9%
Capex Intensity
BHRB
BHRB
MEC
MEC
Q4 25
13.5%
2.4%
Q3 25
4.5%
2.1%
Q2 25
3.9%
1.8%
Q1 25
2.1%
2.2%
Q4 24
5.5%
1.9%
Q3 24
2.1%
2.1%
Q2 24
1.5%
2.5%
Q1 24
5.7%
1.7%
Cash Conversion
BHRB
BHRB
MEC
MEC
Q4 25
3.57×
Q3 25
1.31×
Q2 25
0.00×
Q1 25
1.38×
416.65×
Q4 24
4.33×
2.38×
Q3 24
1.73×
6.03×
Q2 24
6.15×
Q1 24
1.36×
3.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BHRB
BHRB

Segment breakdown not available.

MEC
MEC

Fabrication$72.2M54%
Construction And Access$19.2M14%
Tubes$16.2M12%
Other Market$11.9M9%
Agriculture$7.7M6%
Military$6.7M5%
Outdoor Sports$1.7M1%

Related Comparisons