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Side-by-side financial comparison of COHEN & STEERS, INC. (CNS) and Mayville Engineering Company, Inc. (MEC). Click either name above to swap in a different company.

COHEN & STEERS, INC. is the larger business by last-quarter revenue ($143.8M vs $134.3M, roughly 1.1× Mayville Engineering Company, Inc.). COHEN & STEERS, INC. runs the higher net margin — 24.3% vs -3.2%, a 27.5% gap on every dollar of revenue. On growth, Mayville Engineering Company, Inc. posted the faster year-over-year revenue change (10.7% vs 2.9%). Mayville Engineering Company, Inc. produced more free cash flow last quarter ($10.2M vs $-126.4M). Over the past eight quarters, COHEN & STEERS, INC.'s revenue compounded faster (8.3% CAGR vs -8.8%).

Cohen & Steers is an American investment management company. It focuses on investments in real estate securities via real estate investment trusts (REIT) and alternative income via preferred securities.

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.

CNS vs MEC — Head-to-Head

Bigger by revenue
CNS
CNS
1.1× larger
CNS
$143.8M
$134.3M
MEC
Growing faster (revenue YoY)
MEC
MEC
+7.8% gap
MEC
10.7%
2.9%
CNS
Higher net margin
CNS
CNS
27.5% more per $
CNS
24.3%
-3.2%
MEC
More free cash flow
MEC
MEC
$136.6M more FCF
MEC
$10.2M
$-126.4M
CNS
Faster 2-yr revenue CAGR
CNS
CNS
Annualised
CNS
8.3%
-8.8%
MEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CNS
CNS
MEC
MEC
Revenue
$143.8M
$134.3M
Net Profit
$34.9M
$-4.4M
Gross Margin
6.8%
Operating Margin
28.0%
-4.1%
Net Margin
24.3%
-3.2%
Revenue YoY
2.9%
10.7%
Net Profit YoY
-23.9%
-127.3%
EPS (diluted)
$0.67
$-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
CNS
CNS
MEC
MEC
Q4 25
$143.8M
$134.3M
Q3 25
$141.7M
$144.3M
Q2 25
$136.1M
$132.3M
Q1 25
$134.5M
$135.6M
Q4 24
$139.8M
$121.3M
Q3 24
$133.2M
$135.4M
Q2 24
$121.7M
$163.6M
Q1 24
$122.7M
$161.3M
Net Profit
CNS
CNS
MEC
MEC
Q4 25
$34.9M
$-4.4M
Q3 25
$41.7M
$-2.7M
Q2 25
$36.8M
$-1.1M
Q1 25
$39.8M
$20.0K
Q4 24
$45.8M
$16.0M
Q3 24
$39.7M
$3.0M
Q2 24
$31.8M
$3.8M
Q1 24
$34.0M
$3.2M
Gross Margin
CNS
CNS
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
CNS
CNS
MEC
MEC
Q4 25
28.0%
-4.1%
Q3 25
34.5%
0.0%
Q2 25
31.8%
0.1%
Q1 25
33.6%
1.2%
Q4 24
35.3%
19.0%
Q3 24
33.7%
4.2%
Q2 24
31.5%
5.0%
Q1 24
32.8%
4.7%
Net Margin
CNS
CNS
MEC
MEC
Q4 25
24.3%
-3.2%
Q3 25
29.4%
-1.9%
Q2 25
27.1%
-0.8%
Q1 25
29.6%
0.0%
Q4 24
32.8%
13.2%
Q3 24
29.8%
2.2%
Q2 24
26.1%
2.3%
Q1 24
27.7%
2.0%
EPS (diluted)
CNS
CNS
MEC
MEC
Q4 25
$0.67
$-0.22
Q3 25
$0.81
$-0.13
Q2 25
$0.72
$-0.05
Q1 25
$0.77
$0.00
Q4 24
$0.89
$0.76
Q3 24
$0.77
$0.14
Q2 24
$0.63
$0.18
Q1 24
$0.68
$0.16

Balance Sheet & Financial Strength

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

Metric
CNS
CNS
MEC
MEC
Cash + ST InvestmentsLiquidity on hand
$145.5M
$1.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$562.0M
$240.7M
Total Assets
$876.7M
$563.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNS
CNS
MEC
MEC
Q4 25
$145.5M
$1.5M
Q3 25
$98.1M
$1.2M
Q2 25
$95.4M
$206.0K
Q1 25
$65.2M
$183.0K
Q4 24
$183.0M
$206.0K
Q3 24
$106.5M
$178.0K
Q2 24
$122.0M
$314.0K
Q1 24
$99.5M
$314.0K
Stockholders' Equity
CNS
CNS
MEC
MEC
Q4 25
$562.0M
$240.7M
Q3 25
$550.3M
$244.8M
Q2 25
$528.5M
$246.8M
Q1 25
$507.7M
$250.0M
Q4 24
$511.7M
$251.8M
Q3 24
$491.0M
$238.4M
Q2 24
$463.2M
$238.1M
Q1 24
$378.9M
$234.0M
Total Assets
CNS
CNS
MEC
MEC
Q4 25
$876.7M
$563.6M
Q3 25
$801.6M
$585.6M
Q2 25
$751.0M
$433.7M
Q1 25
$834.9M
$447.7M
Q4 24
$812.4M
$445.6M
Q3 24
$727.8M
$466.0M
Q2 24
$784.1M
$488.2M
Q1 24
$680.7M
$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
CNS
CNS
MEC
MEC
Operating Cash FlowLast quarter
$-120.4M
$13.4M
Free Cash FlowOCF − Capex
$-126.4M
$10.2M
FCF MarginFCF / Revenue
-87.9%
7.6%
Capex IntensityCapex / Revenue
4.2%
2.4%
Cash ConversionOCF / Net Profit
-3.45×
TTM Free Cash FlowTrailing 4 quarters
$-253.6M
$26.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNS
CNS
MEC
MEC
Q4 25
$-120.4M
$13.4M
Q3 25
$55.1M
$1.9M
Q2 25
$-67.6M
$15.0M
Q1 25
$-108.9M
$8.3M
Q4 24
$96.7M
$38.0M
Q3 24
$25.6M
$17.9M
Q2 24
$31.4M
$23.3M
Q1 24
$4.9M
$10.6M
Free Cash Flow
CNS
CNS
MEC
MEC
Q4 25
$-126.4M
$10.2M
Q3 25
$52.6M
$-1.1M
Q2 25
$-69.8M
$12.5M
Q1 25
$-110.0M
$5.4M
Q4 24
$85.0M
$35.6M
Q3 24
$24.2M
$15.1M
Q2 24
$27.1M
$19.2M
Q1 24
$537.0K
$7.8M
FCF Margin
CNS
CNS
MEC
MEC
Q4 25
-87.9%
7.6%
Q3 25
37.1%
-0.8%
Q2 25
-51.3%
9.5%
Q1 25
-81.8%
4.0%
Q4 24
60.8%
29.4%
Q3 24
18.2%
11.1%
Q2 24
22.3%
11.7%
Q1 24
0.4%
4.9%
Capex Intensity
CNS
CNS
MEC
MEC
Q4 25
4.2%
2.4%
Q3 25
1.8%
2.1%
Q2 25
1.6%
1.8%
Q1 25
0.8%
2.2%
Q4 24
8.3%
1.9%
Q3 24
1.1%
2.1%
Q2 24
3.5%
2.5%
Q1 24
3.5%
1.7%
Cash Conversion
CNS
CNS
MEC
MEC
Q4 25
-3.45×
Q3 25
1.32×
Q2 25
-1.84×
Q1 25
-2.74×
416.65×
Q4 24
2.11×
2.38×
Q3 24
0.65×
6.03×
Q2 24
0.99×
6.15×
Q1 24
0.14×
3.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CNS
CNS

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%

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