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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and SunOpta Inc. (STKL). Click either name above to swap in a different company.
SunOpta Inc. is the larger business by last-quarter revenue ($205.4M vs $134.3M, roughly 1.5× Mayville Engineering Company, Inc.). SunOpta Inc. runs the higher net margin — 0.4% vs -3.2%, a 3.6% gap on every dollar of revenue. On growth, SunOpta Inc. posted the faster year-over-year revenue change (16.6% vs 10.7%). SunOpta Inc. produced more free cash flow last quarter ($12.1M vs $10.2M). Over the past eight quarters, SunOpta Inc.'s revenue compounded faster (7.4% 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.
SunOpta, Inc. is a multi-national food and mineral company headquartered in Eden Prairie, Minnesota and founded in 1973 in Canada.
MEC vs STKL — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $134.3M | $205.4M |
| Net Profit | $-4.4M | $816.0K |
| Gross Margin | 6.8% | 12.4% |
| Operating Margin | -4.1% | 3.3% |
| Net Margin | -3.2% | 0.4% |
| Revenue YoY | 10.7% | 16.6% |
| Net Profit YoY | -127.3% | 113.1% |
| EPS (diluted) | $-0.22 | $0.01 |
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 | $134.3M | — | ||
| Q3 25 | $144.3M | $205.4M | ||
| Q2 25 | $132.3M | $191.5M | ||
| Q1 25 | $135.6M | $201.6M | ||
| Q4 24 | $121.3M | $193.9M | ||
| Q3 24 | $135.4M | $175.9M | ||
| Q2 24 | $163.6M | $169.5M | ||
| Q1 24 | $161.3M | $184.4M |
| Q4 25 | $-4.4M | — | ||
| Q3 25 | $-2.7M | $816.0K | ||
| Q2 25 | $-1.1M | $4.4M | ||
| Q1 25 | $20.0K | $4.8M | ||
| Q4 24 | $16.0M | $-8.7M | ||
| Q3 24 | $3.0M | $-6.2M | ||
| Q2 24 | $3.8M | $-5.3M | ||
| Q1 24 | $3.2M | $2.9M |
| Q4 25 | 6.8% | — | ||
| Q3 25 | 11.0% | 12.4% | ||
| Q2 25 | 10.3% | 14.8% | ||
| Q1 25 | 11.3% | 15.0% | ||
| Q4 24 | 8.9% | 10.9% | ||
| Q3 24 | 12.6% | 13.0% | ||
| Q2 24 | 13.6% | 12.5% | ||
| Q1 24 | 13.0% | 16.8% |
| Q4 25 | -4.1% | — | ||
| Q3 25 | 0.0% | 3.3% | ||
| Q2 25 | 0.1% | 5.5% | ||
| Q1 25 | 1.2% | 5.2% | ||
| Q4 24 | 19.0% | 1.4% | ||
| Q3 24 | 4.2% | 0.5% | ||
| Q2 24 | 5.0% | 1.2% | ||
| Q1 24 | 4.7% | 5.5% |
| Q4 25 | -3.2% | — | ||
| Q3 25 | -1.9% | 0.4% | ||
| Q2 25 | -0.8% | 2.3% | ||
| Q1 25 | 0.0% | 2.4% | ||
| Q4 24 | 13.2% | -4.5% | ||
| Q3 24 | 2.2% | -3.5% | ||
| Q2 24 | 2.3% | -3.1% | ||
| Q1 24 | 2.0% | 1.6% |
| Q4 25 | $-0.22 | — | ||
| Q3 25 | $-0.13 | $0.01 | ||
| Q2 25 | $-0.05 | $0.03 | ||
| Q1 25 | $0.00 | $0.04 | ||
| Q4 24 | $0.76 | $-0.08 | ||
| Q3 24 | $0.14 | $-0.05 | ||
| Q2 24 | $0.18 | $-0.04 | ||
| Q1 24 | $0.16 | $0.02 |
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 | $2.2M |
| Total DebtLower is stronger | — | $250.8M |
| Stockholders' EquityBook value | $240.7M | $162.8M |
| Total Assets | $563.6M | $694.1M |
| Debt / EquityLower = less leverage | — | 1.54× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5M | — | ||
| Q3 25 | $1.2M | $2.2M | ||
| Q2 25 | $206.0K | $2.2M | ||
| Q1 25 | $183.0K | $2.3M | ||
| Q4 24 | $206.0K | $1.6M | ||
| Q3 24 | $178.0K | $2.9M | ||
| Q2 24 | $314.0K | $3.2M | ||
| Q1 24 | $314.0K | $1.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | $250.8M | ||
| Q2 25 | — | $263.3M | ||
| Q1 25 | — | $260.6M | ||
| Q4 24 | — | $265.2M | ||
| Q3 24 | — | $289.9M | ||
| Q2 24 | — | $303.1M | ||
| Q1 24 | — | $258.8M |
| Q4 25 | $240.7M | — | ||
| Q3 25 | $244.8M | $162.8M | ||
| Q2 25 | $246.8M | $159.8M | ||
| Q1 25 | $250.0M | $154.8M | ||
| Q4 24 | $251.8M | $148.6M | ||
| Q3 24 | $238.4M | $155.0M | ||
| Q2 24 | $238.1M | $158.8M | ||
| Q1 24 | $234.0M | $163.6M |
| Q4 25 | $563.6M | — | ||
| Q3 25 | $585.6M | $694.1M | ||
| Q2 25 | $433.7M | $704.9M | ||
| Q1 25 | $447.7M | $690.7M | ||
| Q4 24 | $445.6M | $668.5M | ||
| Q3 24 | $466.0M | $699.3M | ||
| Q2 24 | $488.2M | $704.7M | ||
| Q1 24 | $499.9M | $671.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.54× | ||
| Q2 25 | — | 1.65× | ||
| Q1 25 | — | 1.68× | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | — | 1.91× | ||
| Q1 24 | — | 1.58× |
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 | $16.3M |
| Free Cash FlowOCF − Capex | $10.2M | $12.1M |
| FCF MarginFCF / Revenue | 7.6% | 5.9% |
| Capex IntensityCapex / Revenue | 2.4% | 2.1% |
| Cash ConversionOCF / Net Profit | — | 20.03× |
| TTM Free Cash FlowTrailing 4 quarters | $26.9M | $36.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.4M | — | ||
| Q3 25 | $1.9M | $16.3M | ||
| Q2 25 | $15.0M | $-4.5M | ||
| Q1 25 | $8.3M | $22.3M | ||
| Q4 24 | $38.0M | $33.1M | ||
| Q3 24 | $17.9M | $17.2M | ||
| Q2 24 | $23.3M | $-5.6M | ||
| Q1 24 | $10.6M | $5.3M |
| Q4 25 | $10.2M | — | ||
| Q3 25 | $-1.1M | $12.1M | ||
| Q2 25 | $12.5M | $-9.2M | ||
| Q1 25 | $5.4M | $9.5M | ||
| Q4 24 | $35.6M | $24.0M | ||
| Q3 24 | $15.1M | $11.7M | ||
| Q2 24 | $19.2M | $-15.3M | ||
| Q1 24 | $7.8M | $-2.3M |
| Q4 25 | 7.6% | — | ||
| Q3 25 | -0.8% | 5.9% | ||
| Q2 25 | 9.5% | -4.8% | ||
| Q1 25 | 4.0% | 4.7% | ||
| Q4 24 | 29.4% | 12.4% | ||
| Q3 24 | 11.1% | 6.6% | ||
| Q2 24 | 11.7% | -9.0% | ||
| Q1 24 | 4.9% | -1.2% |
| Q4 25 | 2.4% | — | ||
| Q3 25 | 2.1% | 2.1% | ||
| Q2 25 | 1.8% | 2.5% | ||
| Q1 25 | 2.2% | 6.3% | ||
| Q4 24 | 1.9% | 4.7% | ||
| Q3 24 | 2.1% | 3.2% | ||
| Q2 24 | 2.5% | 5.7% | ||
| Q1 24 | 1.7% | 4.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | 20.03× | ||
| Q2 25 | — | -1.03× | ||
| Q1 25 | 416.65× | 4.63× | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 6.03× | — | ||
| Q2 24 | 6.15× | — | ||
| Q1 24 | 3.28× | 1.83× |
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% |
STKL
| Beverages And Broths | $161.4M | 79% |
| Fruit Snacks | $40.9M | 20% |
| Ingredients | $3.1M | 2% |
