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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and ROGERS CORP (ROG). Click either name above to swap in a different company.
ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $134.3M, roughly 1.5× Mayville Engineering Company, Inc.). ROGERS CORP runs the higher net margin — 2.2% vs -3.2%, a 5.5% gap on every dollar of revenue. On growth, Mayville Engineering Company, Inc. posted the faster year-over-year revenue change (10.7% vs 5.2%). Mayville Engineering Company, Inc. produced more free cash flow last quarter ($10.2M vs $1.1M). Over the past eight quarters, ROGERS CORP's revenue compounded faster (-3.3% 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.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
MEC vs ROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $134.3M | $200.5M |
| Net Profit | $-4.4M | $4.5M |
| Gross Margin | 6.8% | 32.2% |
| Operating Margin | -4.1% | — |
| Net Margin | -3.2% | 2.2% |
| Revenue YoY | 10.7% | 5.2% |
| Net Profit YoY | -127.3% | 421.4% |
| EPS (diluted) | $-0.22 | $0.25 |
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 | — | $200.5M | ||
| Q4 25 | $134.3M | $201.5M | ||
| Q3 25 | $144.3M | $216.0M | ||
| Q2 25 | $132.3M | $202.8M | ||
| Q1 25 | $135.6M | $190.5M | ||
| Q4 24 | $121.3M | $192.2M | ||
| Q3 24 | $135.4M | $210.3M | ||
| Q2 24 | $163.6M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $-4.4M | $4.6M | ||
| Q3 25 | $-2.7M | $8.6M | ||
| Q2 25 | $-1.1M | $-73.6M | ||
| Q1 25 | $20.0K | $-1.4M | ||
| Q4 24 | $16.0M | $-500.0K | ||
| Q3 24 | $3.0M | $10.7M | ||
| Q2 24 | $3.8M | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | 6.8% | 31.5% | ||
| Q3 25 | 11.0% | 33.5% | ||
| Q2 25 | 10.3% | 31.6% | ||
| Q1 25 | 11.3% | 29.9% | ||
| Q4 24 | 8.9% | 32.1% | ||
| Q3 24 | 12.6% | 35.2% | ||
| Q2 24 | 13.6% | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | -4.1% | 3.5% | ||
| Q3 25 | 0.0% | 7.3% | ||
| Q2 25 | 0.1% | -33.3% | ||
| Q1 25 | 1.2% | -0.2% | ||
| Q4 24 | 19.0% | -6.6% | ||
| Q3 24 | 4.2% | 6.9% | ||
| Q2 24 | 5.0% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | -3.2% | 2.3% | ||
| Q3 25 | -1.9% | 4.0% | ||
| Q2 25 | -0.8% | -36.3% | ||
| Q1 25 | 0.0% | -0.7% | ||
| Q4 24 | 13.2% | -0.3% | ||
| Q3 24 | 2.2% | 5.1% | ||
| Q2 24 | 2.3% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | $-0.22 | $0.20 | ||
| Q3 25 | $-0.13 | $0.48 | ||
| Q2 25 | $-0.05 | $-4.00 | ||
| Q1 25 | $0.00 | $-0.08 | ||
| Q4 24 | $0.76 | $-0.04 | ||
| Q3 24 | $0.14 | $0.58 | ||
| Q2 24 | $0.18 | $0.44 |
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 | $195.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $240.7M | $1.2B |
| Total Assets | $563.6M | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | $1.5M | $197.0M | ||
| Q3 25 | $1.2M | $167.8M | ||
| Q2 25 | $206.0K | $157.2M | ||
| Q1 25 | $183.0K | $175.6M | ||
| Q4 24 | $206.0K | $159.8M | ||
| Q3 24 | $178.0K | $146.4M | ||
| Q2 24 | $314.0K | $119.9M |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $240.7M | $1.2B | ||
| Q3 25 | $244.8M | $1.2B | ||
| Q2 25 | $246.8M | $1.2B | ||
| Q1 25 | $250.0M | $1.3B | ||
| Q4 24 | $251.8M | $1.3B | ||
| Q3 24 | $238.4M | $1.3B | ||
| Q2 24 | $238.1M | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $563.6M | $1.4B | ||
| Q3 25 | $585.6M | $1.4B | ||
| Q2 25 | $433.7M | $1.5B | ||
| Q1 25 | $447.7M | $1.5B | ||
| Q4 24 | $445.6M | $1.5B | ||
| Q3 24 | $466.0M | $1.5B | ||
| Q2 24 | $488.2M | $1.5B |
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 | $5.8M |
| Free Cash FlowOCF − Capex | $10.2M | $1.1M |
| FCF MarginFCF / Revenue | 7.6% | 0.5% |
| Capex IntensityCapex / Revenue | 2.4% | 2.3% |
| Cash ConversionOCF / Net Profit | — | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $26.9M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | $13.4M | $46.9M | ||
| Q3 25 | $1.9M | $28.9M | ||
| Q2 25 | $15.0M | $13.7M | ||
| Q1 25 | $8.3M | $11.7M | ||
| Q4 24 | $38.0M | $33.7M | ||
| Q3 24 | $17.9M | $42.4M | ||
| Q2 24 | $23.3M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | $10.2M | $42.2M | ||
| Q3 25 | $-1.1M | $21.2M | ||
| Q2 25 | $12.5M | $5.6M | ||
| Q1 25 | $5.4M | $2.1M | ||
| Q4 24 | $35.6M | $18.3M | ||
| Q3 24 | $15.1M | $25.2M | ||
| Q2 24 | $19.2M | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | 7.6% | 20.9% | ||
| Q3 25 | -0.8% | 9.8% | ||
| Q2 25 | 9.5% | 2.8% | ||
| Q1 25 | 4.0% | 1.1% | ||
| Q4 24 | 29.4% | 9.5% | ||
| Q3 24 | 11.1% | 12.0% | ||
| Q2 24 | 11.7% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | 2.4% | 2.3% | ||
| Q3 25 | 2.1% | 3.6% | ||
| Q2 25 | 1.8% | 4.0% | ||
| Q1 25 | 2.2% | 5.0% | ||
| Q4 24 | 1.9% | 8.0% | ||
| Q3 24 | 2.1% | 8.2% | ||
| Q2 24 | 2.5% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | — | 10.20× | ||
| Q3 25 | — | 3.36× | ||
| Q2 25 | — | — | ||
| Q1 25 | 416.65× | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 6.03× | 3.96× | ||
| Q2 24 | 6.15× | 2.83× |
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% |
ROG
Segment breakdown not available.
