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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and PEAPACK GLADSTONE FINANCIAL CORP (PGC). 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 $78.2M, roughly 1.7× PEAPACK GLADSTONE FINANCIAL CORP). PEAPACK GLADSTONE FINANCIAL CORP runs the higher net margin — 15.5% vs -3.2%, a 18.8% gap on every dollar of revenue. On growth, PEAPACK GLADSTONE FINANCIAL CORP posted the faster year-over-year revenue change (26.5% vs 10.7%). PEAPACK GLADSTONE FINANCIAL CORP produced more free cash flow last quarter ($28.8M vs $10.2M). Over the past eight quarters, PEAPACK GLADSTONE FINANCIAL CORP's revenue compounded faster (21.4% 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.

Peapack Gladstone Financial Corp is a U.S.-based regional financial holding company that provides commercial and consumer banking, wealth management, private banking, lending solutions, and trust services, primarily serving individual and small-to-medium business clients across New Jersey and the surrounding U.S. Northeast region.

MEC vs PGC — Head-to-Head

Bigger by revenue
MEC
MEC
1.7× larger
MEC
$134.3M
$78.2M
PGC
Growing faster (revenue YoY)
PGC
PGC
+15.8% gap
PGC
26.5%
10.7%
MEC
Higher net margin
PGC
PGC
18.8% more per $
PGC
15.5%
-3.2%
MEC
More free cash flow
PGC
PGC
$18.7M more FCF
PGC
$28.8M
$10.2M
MEC
Faster 2-yr revenue CAGR
PGC
PGC
Annualised
PGC
21.4%
-8.8%
MEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MEC
MEC
PGC
PGC
Revenue
$134.3M
$78.2M
Net Profit
$-4.4M
$12.2M
Gross Margin
6.8%
Operating Margin
-4.1%
21.7%
Net Margin
-3.2%
15.5%
Revenue YoY
10.7%
26.5%
Net Profit YoY
-127.3%
31.6%
EPS (diluted)
$-0.22
$0.68

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
MEC
MEC
PGC
PGC
Q4 25
$134.3M
$78.2M
Q3 25
$144.3M
$70.7M
Q2 25
$132.3M
$69.7M
Q1 25
$135.6M
$64.4M
Q4 24
$121.3M
$61.8M
Q3 24
$135.4M
$56.6M
Q2 24
$163.6M
$56.6M
Q1 24
$161.3M
$53.1M
Net Profit
MEC
MEC
PGC
PGC
Q4 25
$-4.4M
$12.2M
Q3 25
$-2.7M
$9.6M
Q2 25
$-1.1M
$7.9M
Q1 25
$20.0K
$7.6M
Q4 24
$16.0M
$9.2M
Q3 24
$3.0M
$7.6M
Q2 24
$3.8M
$7.5M
Q1 24
$3.2M
$8.6M
Gross Margin
MEC
MEC
PGC
PGC
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
MEC
MEC
PGC
PGC
Q4 25
-4.1%
21.7%
Q3 25
0.0%
19.2%
Q2 25
0.1%
16.1%
Q1 25
1.2%
16.2%
Q4 24
19.0%
19.8%
Q3 24
4.2%
19.0%
Q2 24
5.0%
16.9%
Q1 24
4.7%
23.4%
Net Margin
MEC
MEC
PGC
PGC
Q4 25
-3.2%
15.5%
Q3 25
-1.9%
13.6%
Q2 25
-0.8%
11.4%
Q1 25
0.0%
11.8%
Q4 24
13.2%
14.9%
Q3 24
2.2%
13.4%
Q2 24
2.3%
13.3%
Q1 24
2.0%
16.3%
EPS (diluted)
MEC
MEC
PGC
PGC
Q4 25
$-0.22
$0.68
Q3 25
$-0.13
$0.54
Q2 25
$-0.05
$0.45
Q1 25
$0.00
$0.43
Q4 24
$0.76
$0.52
Q3 24
$0.14
$0.43
Q2 24
$0.18
$0.42
Q1 24
$0.16
$0.48

Balance Sheet & Financial Strength

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

Metric
MEC
MEC
PGC
PGC
Cash + ST InvestmentsLiquidity on hand
$1.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$240.7M
$658.2M
Total Assets
$563.6M
$7.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEC
MEC
PGC
PGC
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
MEC
MEC
PGC
PGC
Q4 25
$240.7M
$658.2M
Q3 25
$244.8M
$642.5M
Q2 25
$246.8M
$629.8M
Q1 25
$250.0M
$621.9M
Q4 24
$251.8M
$605.8M
Q3 24
$238.4M
$607.6M
Q2 24
$238.1M
$588.3M
Q1 24
$234.0M
$582.4M
Total Assets
MEC
MEC
PGC
PGC
Q4 25
$563.6M
$7.5B
Q3 25
$585.6M
$7.4B
Q2 25
$433.7M
$7.2B
Q1 25
$447.7M
$7.1B
Q4 24
$445.6M
$7.0B
Q3 24
$466.0M
$6.8B
Q2 24
$488.2M
$6.5B
Q1 24
$499.9M
$6.4B

Cash Flow & Capital Efficiency

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

Metric
MEC
MEC
PGC
PGC
Operating Cash FlowLast quarter
$13.4M
$43.1M
Free Cash FlowOCF − Capex
$10.2M
$28.8M
FCF MarginFCF / Revenue
7.6%
36.8%
Capex IntensityCapex / Revenue
2.4%
18.3%
Cash ConversionOCF / Net Profit
3.55×
TTM Free Cash FlowTrailing 4 quarters
$26.9M
$61.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEC
MEC
PGC
PGC
Q4 25
$13.4M
$43.1M
Q3 25
$1.9M
$36.2M
Q2 25
$15.0M
$15.9M
Q1 25
$8.3M
$-7.9M
Q4 24
$38.0M
$71.1M
Q3 24
$17.9M
$24.7M
Q2 24
$23.3M
$852.0K
Q1 24
$10.6M
$19.1M
Free Cash Flow
MEC
MEC
PGC
PGC
Q4 25
$10.2M
$28.8M
Q3 25
$-1.1M
$34.0M
Q2 25
$12.5M
$9.9M
Q1 25
$5.4M
$-11.5M
Q4 24
$35.6M
$63.0M
Q3 24
$15.1M
$23.0M
Q2 24
$19.2M
$-431.0K
Q1 24
$7.8M
$18.0M
FCF Margin
MEC
MEC
PGC
PGC
Q4 25
7.6%
36.8%
Q3 25
-0.8%
48.1%
Q2 25
9.5%
14.2%
Q1 25
4.0%
-17.8%
Q4 24
29.4%
101.9%
Q3 24
11.1%
40.6%
Q2 24
11.7%
-0.8%
Q1 24
4.9%
33.9%
Capex Intensity
MEC
MEC
PGC
PGC
Q4 25
2.4%
18.3%
Q3 25
2.1%
3.1%
Q2 25
1.8%
8.6%
Q1 25
2.2%
5.6%
Q4 24
1.9%
13.1%
Q3 24
2.1%
3.0%
Q2 24
2.5%
2.3%
Q1 24
1.7%
2.1%
Cash Conversion
MEC
MEC
PGC
PGC
Q4 25
3.55×
Q3 25
3.76×
Q2 25
2.01×
Q1 25
416.65×
-1.04×
Q4 24
2.38×
7.70×
Q3 24
6.03×
3.25×
Q2 24
6.15×
0.11×
Q1 24
3.28×
2.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

PGC
PGC

Banking Segment$61.4M79%
Wealth Management Division$13.9M18%
Other$2.9M4%

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