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Side-by-side financial comparison of ENNIS, INC. (EBF) 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 $100.2M, roughly 1.3× ENNIS, INC.). ENNIS, INC. runs the higher net margin — 10.8% vs -3.2%, a 14.1% gap on every dollar of revenue. On growth, Mayville Engineering Company, Inc. posted the faster year-over-year revenue change (10.7% vs 0.4%). ENNIS, INC. produced more free cash flow last quarter ($15.7M vs $10.2M). Over the past eight quarters, ENNIS, INC.'s revenue compounded faster (1.4% CAGR vs -8.8%).
ENNIS, INC. (ticker EBF) is a leading North American provider of printed business products and related services. Its offerings include custom business forms, pressure-sensitive labels, marketing collateral, promotional items, and branded packaging, serving clients across retail, healthcare, financial services, and small business segments.
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.
EBF vs MEC — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $100.2M | $134.3M |
| Net Profit | $10.8M | $-4.4M |
| Gross Margin | 31.9% | 6.8% |
| Operating Margin | 15.0% | -4.1% |
| Net Margin | 10.8% | -3.2% |
| Revenue YoY | 0.4% | 10.7% |
| Net Profit YoY | 6.1% | -127.3% |
| EPS (diluted) | $0.42 | $-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.
| Q4 25 | $100.2M | $134.3M | ||
| Q3 25 | $98.7M | $144.3M | ||
| Q2 25 | $97.2M | $132.3M | ||
| Q1 25 | $92.7M | $135.6M | ||
| Q4 24 | $99.8M | $121.3M | ||
| Q3 24 | $99.0M | $135.4M | ||
| Q2 24 | $103.1M | $163.6M | ||
| Q1 24 | $97.4M | $161.3M |
| Q4 25 | $10.8M | $-4.4M | ||
| Q3 25 | $13.2M | $-2.7M | ||
| Q2 25 | $9.8M | $-1.1M | ||
| Q1 25 | $9.0M | $20.0K | ||
| Q4 24 | $10.2M | $16.0M | ||
| Q3 24 | $10.3M | $3.0M | ||
| Q2 24 | $10.7M | $3.8M | ||
| Q1 24 | $10.1M | $3.2M |
| Q4 25 | 31.9% | 6.8% | ||
| Q3 25 | 30.5% | 11.0% | ||
| Q2 25 | 31.1% | 10.3% | ||
| Q1 25 | 29.5% | 11.3% | ||
| Q4 24 | 29.3% | 8.9% | ||
| Q3 24 | 30.1% | 12.6% | ||
| Q2 24 | 30.0% | 13.6% | ||
| Q1 24 | 28.4% | 13.0% |
| Q4 25 | 15.0% | -4.1% | ||
| Q3 25 | 12.5% | 0.0% | ||
| Q2 25 | 13.7% | 0.1% | ||
| Q1 25 | 13.0% | 1.2% | ||
| Q4 24 | 13.1% | 19.0% | ||
| Q3 24 | 13.3% | 4.2% | ||
| Q2 24 | 13.3% | 5.0% | ||
| Q1 24 | 13.3% | 4.7% |
| Q4 25 | 10.8% | -3.2% | ||
| Q3 25 | 13.3% | -1.9% | ||
| Q2 25 | 10.1% | -0.8% | ||
| Q1 25 | 9.7% | 0.0% | ||
| Q4 24 | 10.2% | 13.2% | ||
| Q3 24 | 10.4% | 2.2% | ||
| Q2 24 | 10.4% | 2.3% | ||
| Q1 24 | 10.4% | 2.0% |
| Q4 25 | $0.42 | $-0.22 | ||
| Q3 25 | $0.51 | $-0.13 | ||
| Q2 25 | $0.38 | $-0.05 | ||
| Q1 25 | $0.34 | $0.00 | ||
| Q4 24 | $0.39 | $0.76 | ||
| Q3 24 | $0.40 | $0.14 | ||
| Q2 24 | $0.41 | $0.18 | ||
| Q1 24 | $0.39 | $0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $31.3M | $1.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $304.8M | $240.7M |
| Total Assets | $354.3M | $563.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.3M | $1.5M | ||
| Q3 25 | $31.9M | $1.2M | ||
| Q2 25 | $32.6M | $206.0K | ||
| Q1 25 | $72.5M | $183.0K | ||
| Q4 24 | $68.6M | $206.0K | ||
| Q3 24 | $122.6M | $178.0K | ||
| Q2 24 | $123.7M | $314.0K | ||
| Q1 24 | $110.9M | $314.0K |
| Q4 25 | $304.8M | $240.7M | ||
| Q3 25 | $305.4M | $244.8M | ||
| Q2 25 | $301.2M | $246.8M | ||
| Q1 25 | $302.0M | $250.0M | ||
| Q4 24 | $297.7M | $251.8M | ||
| Q3 24 | $358.4M | $238.4M | ||
| Q2 24 | $354.4M | $238.1M | ||
| Q1 24 | $349.8M | $234.0M |
| Q4 25 | $354.3M | $563.6M | ||
| Q3 25 | $361.8M | $585.6M | ||
| Q2 25 | $361.7M | $433.7M | ||
| Q1 25 | $348.9M | $447.7M | ||
| Q4 24 | $346.1M | $445.6M | ||
| Q3 24 | $406.8M | $466.0M | ||
| Q2 24 | $406.2M | $488.2M | ||
| Q1 24 | $399.2M | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $16.4M | $13.4M |
| Free Cash FlowOCF − Capex | $15.7M | $10.2M |
| FCF MarginFCF / Revenue | 15.7% | 7.6% |
| Capex IntensityCapex / Revenue | 0.7% | 2.4% |
| Cash ConversionOCF / Net Profit | 1.52× | — |
| TTM Free Cash FlowTrailing 4 quarters | $42.5M | $26.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.4M | $13.4M | ||
| Q3 25 | $10.5M | $1.9M | ||
| Q2 25 | $8.0M | $15.0M | ||
| Q1 25 | $12.8M | $8.3M | ||
| Q4 24 | $18.2M | $38.0M | ||
| Q3 24 | $11.8M | $17.9M | ||
| Q2 24 | $23.1M | $23.3M | ||
| Q1 24 | $16.6M | $10.6M |
| Q4 25 | $15.7M | $10.2M | ||
| Q3 25 | $9.0M | $-1.1M | ||
| Q2 25 | $6.6M | $12.5M | ||
| Q1 25 | $11.1M | $5.4M | ||
| Q4 24 | $17.5M | $35.6M | ||
| Q3 24 | $10.7M | $15.1M | ||
| Q2 24 | $20.6M | $19.2M | ||
| Q1 24 | $15.0M | $7.8M |
| Q4 25 | 15.7% | 7.6% | ||
| Q3 25 | 9.2% | -0.8% | ||
| Q2 25 | 6.8% | 9.5% | ||
| Q1 25 | 12.0% | 4.0% | ||
| Q4 24 | 17.6% | 29.4% | ||
| Q3 24 | 10.8% | 11.1% | ||
| Q2 24 | 20.0% | 11.7% | ||
| Q1 24 | 15.3% | 4.9% |
| Q4 25 | 0.7% | 2.4% | ||
| Q3 25 | 1.4% | 2.1% | ||
| Q2 25 | 1.4% | 1.8% | ||
| Q1 25 | 1.8% | 2.2% | ||
| Q4 24 | 0.6% | 1.9% | ||
| Q3 24 | 1.1% | 2.1% | ||
| Q2 24 | 2.4% | 2.5% | ||
| Q1 24 | 1.7% | 1.7% |
| Q4 25 | 1.52× | — | ||
| Q3 25 | 0.80× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | 1.41× | 416.65× | ||
| Q4 24 | 1.78× | 2.38× | ||
| Q3 24 | 1.15× | 6.03× | ||
| Q2 24 | 2.16× | 6.15× | ||
| Q1 24 | 1.63× | 3.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EBF
Segment breakdown not available.
MEC
| Fabrication | $72.2M | 54% |
| Construction And Access | $19.2M | 14% |
| Tubes | $16.2M | 12% |
| Other Market | $11.9M | 9% |
| Agriculture | $7.7M | 6% |
| Military | $6.7M | 5% |
| Outdoor Sports | $1.7M | 1% |
