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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and Stock Yards Bancorp, Inc. (SYBT). 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 $104.4M, roughly 1.3× Stock Yards Bancorp, Inc.). Stock Yards Bancorp, Inc. runs the higher net margin — 35.1% vs -3.2%, a 38.3% gap on every dollar of revenue. On growth, Stock Yards Bancorp, Inc. posted the faster year-over-year revenue change (11.7% vs 10.7%). Stock Yards Bancorp, Inc. produced more free cash flow last quarter ($154.0M vs $10.2M). Over the past eight quarters, Stock Yards Bancorp, Inc.'s revenue compounded faster (11.9% 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.

Community Trust Bancorp is an American regional bank holding company that was founded in 1903 as Pikeville National Bank. The renamed corporation continues to have its headquarters in Pikeville, Kentucky, at the heart of Appalachia. Community Trust Bancorp operates a commercial bank, Community Trust Bank, and a trust company, Community Trust and Investment Company of Lexington.

MEC vs SYBT — Head-to-Head

Bigger by revenue
MEC
MEC
1.3× larger
MEC
$134.3M
$104.4M
SYBT
Growing faster (revenue YoY)
SYBT
SYBT
+1.0% gap
SYBT
11.7%
10.7%
MEC
Higher net margin
SYBT
SYBT
38.3% more per $
SYBT
35.1%
-3.2%
MEC
More free cash flow
SYBT
SYBT
$143.8M more FCF
SYBT
$154.0M
$10.2M
MEC
Faster 2-yr revenue CAGR
SYBT
SYBT
Annualised
SYBT
11.9%
-8.8%
MEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MEC
MEC
SYBT
SYBT
Revenue
$134.3M
$104.4M
Net Profit
$-4.4M
$36.6M
Gross Margin
6.8%
Operating Margin
-4.1%
45.9%
Net Margin
-3.2%
35.1%
Revenue YoY
10.7%
11.7%
Net Profit YoY
-127.3%
15.5%
EPS (diluted)
$-0.22
$1.24

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
SYBT
SYBT
Q4 25
$134.3M
$104.4M
Q3 25
$144.3M
$101.5M
Q2 25
$132.3M
$97.8M
Q1 25
$135.6M
$93.5M
Q4 24
$121.3M
$93.5M
Q3 24
$135.4M
$89.8M
Q2 24
$163.6M
$85.7M
Q1 24
$161.3M
$83.3M
Net Profit
MEC
MEC
SYBT
SYBT
Q4 25
$-4.4M
$36.6M
Q3 25
$-2.7M
$36.2M
Q2 25
$-1.1M
$34.0M
Q1 25
$20.0K
$33.3M
Q4 24
$16.0M
$31.7M
Q3 24
$3.0M
$29.4M
Q2 24
$3.8M
$27.6M
Q1 24
$3.2M
$25.9M
Gross Margin
MEC
MEC
SYBT
SYBT
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
SYBT
SYBT
Q4 25
-4.1%
45.9%
Q3 25
0.0%
45.0%
Q2 25
0.1%
43.9%
Q1 25
1.2%
44.5%
Q4 24
19.0%
41.9%
Q3 24
4.2%
41.2%
Q2 24
5.0%
41.2%
Q1 24
4.7%
39.5%
Net Margin
MEC
MEC
SYBT
SYBT
Q4 25
-3.2%
35.1%
Q3 25
-1.9%
35.7%
Q2 25
-0.8%
34.8%
Q1 25
0.0%
35.6%
Q4 24
13.2%
33.9%
Q3 24
2.2%
32.7%
Q2 24
2.3%
32.2%
Q1 24
2.0%
31.1%
EPS (diluted)
MEC
MEC
SYBT
SYBT
Q4 25
$-0.22
$1.24
Q3 25
$-0.13
$1.23
Q2 25
$-0.05
$1.15
Q1 25
$0.00
$1.13
Q4 24
$0.76
$1.07
Q3 24
$0.14
$1.00
Q2 24
$0.18
$0.94
Q1 24
$0.16
$0.88

Balance Sheet & Financial Strength

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

Metric
MEC
MEC
SYBT
SYBT
Cash + ST InvestmentsLiquidity on hand
$1.5M
Total DebtLower is stronger
$26.8M
Stockholders' EquityBook value
$240.7M
$1.1B
Total Assets
$563.6M
$9.5B
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEC
MEC
SYBT
SYBT
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
Total Debt
MEC
MEC
SYBT
SYBT
Q4 25
$26.8M
Q3 25
$26.8M
Q2 25
Q1 25
$26.8M
Q4 24
$26.8M
Q3 24
$26.8M
Q2 24
$26.8M
Q1 24
$26.8M
Stockholders' Equity
MEC
MEC
SYBT
SYBT
Q4 25
$240.7M
$1.1B
Q3 25
$244.8M
$1.0B
Q2 25
$246.8M
$1.0B
Q1 25
$250.0M
$975.5M
Q4 24
$251.8M
$940.5M
Q3 24
$238.4M
$934.1M
Q2 24
$238.1M
$894.5M
Q1 24
$234.0M
$874.7M
Total Assets
MEC
MEC
SYBT
SYBT
Q4 25
$563.6M
$9.5B
Q3 25
$585.6M
$9.3B
Q2 25
$433.7M
$9.2B
Q1 25
$447.7M
$9.0B
Q4 24
$445.6M
$8.9B
Q3 24
$466.0M
$8.4B
Q2 24
$488.2M
$8.3B
Q1 24
$499.9M
$8.1B
Debt / Equity
MEC
MEC
SYBT
SYBT
Q4 25
0.02×
Q3 25
0.03×
Q2 25
Q1 25
0.03×
Q4 24
0.03×
Q3 24
0.03×
Q2 24
0.03×
Q1 24
0.03×

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
SYBT
SYBT
Operating Cash FlowLast quarter
$13.4M
$166.0M
Free Cash FlowOCF − Capex
$10.2M
$154.0M
FCF MarginFCF / Revenue
7.6%
147.5%
Capex IntensityCapex / Revenue
2.4%
11.5%
Cash ConversionOCF / Net Profit
4.54×
TTM Free Cash FlowTrailing 4 quarters
$26.9M
$260.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEC
MEC
SYBT
SYBT
Q4 25
$13.4M
$166.0M
Q3 25
$1.9M
$38.2M
Q2 25
$15.0M
$55.9M
Q1 25
$8.3M
$19.8M
Q4 24
$38.0M
$142.9M
Q3 24
$17.9M
$55.4M
Q2 24
$23.3M
$51.1M
Q1 24
$10.6M
$17.4M
Free Cash Flow
MEC
MEC
SYBT
SYBT
Q4 25
$10.2M
$154.0M
Q3 25
$-1.1M
$35.2M
Q2 25
$12.5M
$53.5M
Q1 25
$5.4M
$17.8M
Q4 24
$35.6M
$133.0M
Q3 24
$15.1M
$53.9M
Q2 24
$19.2M
$47.9M
Q1 24
$7.8M
$15.6M
FCF Margin
MEC
MEC
SYBT
SYBT
Q4 25
7.6%
147.5%
Q3 25
-0.8%
34.6%
Q2 25
9.5%
54.7%
Q1 25
4.0%
19.1%
Q4 24
29.4%
142.3%
Q3 24
11.1%
60.0%
Q2 24
11.7%
55.9%
Q1 24
4.9%
18.7%
Capex Intensity
MEC
MEC
SYBT
SYBT
Q4 25
2.4%
11.5%
Q3 25
2.1%
3.0%
Q2 25
1.8%
2.5%
Q1 25
2.2%
2.1%
Q4 24
1.9%
10.5%
Q3 24
2.1%
1.7%
Q2 24
2.5%
3.8%
Q1 24
1.7%
2.2%
Cash Conversion
MEC
MEC
SYBT
SYBT
Q4 25
4.54×
Q3 25
1.05×
Q2 25
1.64×
Q1 25
416.65×
0.59×
Q4 24
2.38×
4.51×
Q3 24
6.03×
1.89×
Q2 24
6.15×
1.85×
Q1 24
3.28×
0.67×

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%

SYBT
SYBT

Segment breakdown not available.

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