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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and Origin Bancorp, Inc. (OBK). 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 $104.0M, roughly 1.3× Origin Bancorp, Inc.). Origin Bancorp, Inc. runs the higher net margin — 26.6% vs -3.2%, a 29.9% gap on every dollar of revenue. Over the past eight quarters, Origin Bancorp, Inc.'s revenue compounded faster (3.9% CAGR vs -8.8%).
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.
Southern Bancorp is a community development financial institution headquartered in Arkadelphia, Arkansas. It was founded in 1986 as Southern Development Bancorporation, and is often referred to simply as "Southern".
MEC vs OBK — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $134.3M | $104.0M |
| Net Profit | $-4.4M | $27.7M |
| Gross Margin | 6.8% | — |
| Operating Margin | -4.1% | — |
| Net Margin | -3.2% | 26.6% |
| Revenue YoY | 10.7% | — |
| Net Profit YoY | -127.3% | — |
| EPS (diluted) | $-0.22 | $0.89 |
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.
| Q1 26 | — | $104.0M | ||
| Q4 25 | $134.3M | $103.4M | ||
| Q3 25 | $144.3M | $109.8M | ||
| Q2 25 | $132.3M | $83.5M | ||
| Q1 25 | $135.6M | $94.1M | ||
| Q4 24 | $121.3M | $78.3M | ||
| Q3 24 | $135.4M | $90.8M | ||
| Q2 24 | $163.6M | $96.4M |
| Q1 26 | — | $27.7M | ||
| Q4 25 | $-4.4M | $29.5M | ||
| Q3 25 | $-2.7M | $8.6M | ||
| Q2 25 | $-1.1M | $14.6M | ||
| Q1 25 | $20.0K | $22.4M | ||
| Q4 24 | $16.0M | $14.3M | ||
| Q3 24 | $3.0M | $18.6M | ||
| Q2 24 | $3.8M | $21.0M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | -4.1% | 36.2% | ||
| Q3 25 | 0.0% | 10.0% | ||
| Q2 25 | 0.1% | 22.3% | ||
| Q1 25 | 1.2% | 30.4% | ||
| Q4 24 | 19.0% | 23.0% | ||
| Q3 24 | 4.2% | 26.1% | ||
| Q2 24 | 5.0% | 27.7% |
| Q1 26 | — | 26.6% | ||
| Q4 25 | -3.2% | 28.5% | ||
| Q3 25 | -1.9% | 7.9% | ||
| Q2 25 | -0.8% | 17.5% | ||
| Q1 25 | 0.0% | 23.8% | ||
| Q4 24 | 13.2% | 18.2% | ||
| Q3 24 | 2.2% | 20.5% | ||
| Q2 24 | 2.3% | 21.8% |
| Q1 26 | — | $0.89 | ||
| Q4 25 | $-0.22 | $0.95 | ||
| Q3 25 | $-0.13 | $0.27 | ||
| Q2 25 | $-0.05 | $0.47 | ||
| Q1 25 | $0.00 | $0.71 | ||
| Q4 24 | $0.76 | $0.45 | ||
| Q3 24 | $0.14 | $0.60 | ||
| Q2 24 | $0.18 | $0.67 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $240.7M | $1.3B |
| Total Assets | $563.6M | $10.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.5M | $424.2M | ||
| Q3 25 | $1.2M | $626.9M | ||
| Q2 25 | $206.0K | $334.1M | ||
| Q1 25 | $183.0K | $486.2M | ||
| Q4 24 | $206.0K | $470.2M | ||
| Q3 24 | $178.0K | $321.2M | ||
| Q2 24 | $314.0K | $288.1M |
| Q1 26 | — | $1.3B | ||
| Q4 25 | $240.7M | $1.2B | ||
| Q3 25 | $244.8M | $1.2B | ||
| Q2 25 | $246.8M | $1.2B | ||
| Q1 25 | $250.0M | $1.2B | ||
| Q4 24 | $251.8M | $1.1B | ||
| Q3 24 | $238.4M | $1.1B | ||
| Q2 24 | $238.1M | $1.1B |
| Q1 26 | — | $10.2B | ||
| Q4 25 | $563.6M | $9.7B | ||
| Q3 25 | $585.6M | $9.8B | ||
| Q2 25 | $433.7M | $9.7B | ||
| Q1 25 | $447.7M | $9.8B | ||
| Q4 24 | $445.6M | $9.7B | ||
| Q3 24 | $466.0M | $10.0B | ||
| Q2 24 | $488.2M | $9.9B |
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 | $13.4M | — |
| Free Cash FlowOCF − Capex | $10.2M | — |
| FCF MarginFCF / Revenue | 7.6% | — |
| Capex IntensityCapex / Revenue | 2.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $26.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $13.4M | $158.9M | ||
| Q3 25 | $1.9M | $59.3M | ||
| Q2 25 | $15.0M | $20.6M | ||
| Q1 25 | $8.3M | $35.6M | ||
| Q4 24 | $38.0M | $108.5M | ||
| Q3 24 | $17.9M | $39.6M | ||
| Q2 24 | $23.3M | $11.9M |
| Q1 26 | — | — | ||
| Q4 25 | $10.2M | $151.1M | ||
| Q3 25 | $-1.1M | $56.8M | ||
| Q2 25 | $12.5M | $19.6M | ||
| Q1 25 | $5.4M | $34.8M | ||
| Q4 24 | $35.6M | $86.4M | ||
| Q3 24 | $15.1M | $32.2M | ||
| Q2 24 | $19.2M | $6.5M |
| Q1 26 | — | — | ||
| Q4 25 | 7.6% | 146.0% | ||
| Q3 25 | -0.8% | 51.7% | ||
| Q2 25 | 9.5% | 23.5% | ||
| Q1 25 | 4.0% | 37.0% | ||
| Q4 24 | 29.4% | 110.3% | ||
| Q3 24 | 11.1% | 35.5% | ||
| Q2 24 | 11.7% | 6.8% |
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 7.6% | ||
| Q3 25 | 2.1% | 2.3% | ||
| Q2 25 | 1.8% | 1.2% | ||
| Q1 25 | 2.2% | 0.8% | ||
| Q4 24 | 1.9% | 28.1% | ||
| Q3 24 | 2.1% | 8.1% | ||
| Q2 24 | 2.5% | 5.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.38× | ||
| Q3 25 | — | 6.88× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | 416.65× | 1.59× | ||
| Q4 24 | 2.38× | 7.60× | ||
| Q3 24 | 6.03× | 2.13× | ||
| Q2 24 | 6.15× | 0.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
OBK
| Net Interest Income | $87.2M | 84% |
| Noninterest Income | $16.8M | 16% |
