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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and TRICO BANCSHARES (TCBK). 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 $109.4M, roughly 1.2× TRICO BANCSHARES ). TRICO BANCSHARES runs the higher net margin — 251.6% vs -3.2%, a 254.9% gap on every dollar of revenue. On growth, Mayville Engineering Company, Inc. posted the faster year-over-year revenue change (10.7% vs 9.0%). TRICO BANCSHARES produced more free cash flow last quarter ($127.9M vs $10.2M). Over the past eight quarters, TRICO BANCSHARES 's revenue compounded faster (5.4% 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.

Trico Bancshares is a U.S.-headquartered regional bank holding company operating Tri Counties Bank. It offers a full range of retail and commercial banking services including deposit products, mortgages, small business loans, and wealth management, primarily serving consumers and SMEs in Northern California.

MEC vs TCBK — Head-to-Head

Bigger by revenue
MEC
MEC
1.2× larger
MEC
$134.3M
$109.4M
TCBK
Growing faster (revenue YoY)
MEC
MEC
+1.7% gap
MEC
10.7%
9.0%
TCBK
Higher net margin
TCBK
TCBK
254.9% more per $
TCBK
251.6%
-3.2%
MEC
More free cash flow
TCBK
TCBK
$117.8M more FCF
TCBK
$127.9M
$10.2M
MEC
Faster 2-yr revenue CAGR
TCBK
TCBK
Annualised
TCBK
5.4%
-8.8%
MEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MEC
MEC
TCBK
TCBK
Revenue
$134.3M
$109.4M
Net Profit
$-4.4M
$33.6M
Gross Margin
6.8%
Operating Margin
-4.1%
42.6%
Net Margin
-3.2%
251.6%
Revenue YoY
10.7%
9.0%
Net Profit YoY
-127.3%
15.8%
EPS (diluted)
$-0.22
$1.02

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
TCBK
TCBK
Q4 25
$134.3M
$109.4M
Q3 25
$144.3M
$107.6M
Q2 25
$132.3M
$103.6M
Q1 25
$135.6M
$98.6M
Q4 24
$121.3M
$100.4M
Q3 24
$135.4M
$99.1M
Q2 24
$163.6M
$97.9M
Q1 24
$161.3M
$98.5M
Net Profit
MEC
MEC
TCBK
TCBK
Q4 25
$-4.4M
$33.6M
Q3 25
$-2.7M
$34.0M
Q2 25
$-1.1M
$27.5M
Q1 25
$20.0K
$26.4M
Q4 24
$16.0M
$29.0M
Q3 24
$3.0M
$29.1M
Q2 24
$3.8M
$29.0M
Q1 24
$3.2M
$27.7M
Gross Margin
MEC
MEC
TCBK
TCBK
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
TCBK
TCBK
Q4 25
-4.1%
42.6%
Q3 25
0.0%
43.2%
Q2 25
0.1%
36.5%
Q1 25
1.2%
35.8%
Q4 24
19.0%
38.7%
Q3 24
4.2%
39.8%
Q2 24
5.0%
40.0%
Q1 24
4.7%
38.3%
Net Margin
MEC
MEC
TCBK
TCBK
Q4 25
-3.2%
251.6%
Q3 25
-1.9%
31.6%
Q2 25
-0.8%
26.6%
Q1 25
0.0%
26.7%
Q4 24
13.2%
221.4%
Q3 24
2.2%
29.3%
Q2 24
2.3%
29.7%
Q1 24
2.0%
28.2%
EPS (diluted)
MEC
MEC
TCBK
TCBK
Q4 25
$-0.22
$1.02
Q3 25
$-0.13
$1.04
Q2 25
$-0.05
$0.84
Q1 25
$0.00
$0.80
Q4 24
$0.76
$0.88
Q3 24
$0.14
$0.88
Q2 24
$0.18
$0.87
Q1 24
$0.16
$0.83

Balance Sheet & Financial Strength

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

Metric
MEC
MEC
TCBK
TCBK
Cash + ST InvestmentsLiquidity on hand
$1.5M
$157.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$240.7M
$1.3B
Total Assets
$563.6M
$9.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEC
MEC
TCBK
TCBK
Q4 25
$1.5M
$157.0M
Q3 25
$1.2M
$298.8M
Q2 25
$206.0K
$314.3M
Q1 25
$183.0K
$308.3M
Q4 24
$206.0K
$145.0M
Q3 24
$178.0K
$320.1M
Q2 24
$314.0K
$206.6M
Q1 24
$314.0K
$82.8M
Stockholders' Equity
MEC
MEC
TCBK
TCBK
Q4 25
$240.7M
$1.3B
Q3 25
$244.8M
$1.3B
Q2 25
$246.8M
$1.3B
Q1 25
$250.0M
$1.3B
Q4 24
$251.8M
$1.2B
Q3 24
$238.4M
$1.2B
Q2 24
$238.1M
$1.2B
Q1 24
$234.0M
$1.2B
Total Assets
MEC
MEC
TCBK
TCBK
Q4 25
$563.6M
$9.8B
Q3 25
$585.6M
$9.9B
Q2 25
$433.7M
$9.9B
Q1 25
$447.7M
$9.8B
Q4 24
$445.6M
$9.7B
Q3 24
$466.0M
$9.8B
Q2 24
$488.2M
$9.7B
Q1 24
$499.9M
$9.8B

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
TCBK
TCBK
Operating Cash FlowLast quarter
$13.4M
$133.3M
Free Cash FlowOCF − Capex
$10.2M
$127.9M
FCF MarginFCF / Revenue
7.6%
116.9%
Capex IntensityCapex / Revenue
2.4%
4.9%
Cash ConversionOCF / Net Profit
3.96×
TTM Free Cash FlowTrailing 4 quarters
$26.9M
$222.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEC
MEC
TCBK
TCBK
Q4 25
$13.4M
$133.3M
Q3 25
$1.9M
$45.1M
Q2 25
$15.0M
$29.2M
Q1 25
$8.3M
$24.5M
Q4 24
$38.0M
$109.7M
Q3 24
$17.9M
$28.6M
Q2 24
$23.3M
$31.8M
Q1 24
$10.6M
$25.1M
Free Cash Flow
MEC
MEC
TCBK
TCBK
Q4 25
$10.2M
$127.9M
Q3 25
$-1.1M
$43.2M
Q2 25
$12.5M
$28.2M
Q1 25
$5.4M
$22.8M
Q4 24
$35.6M
$105.2M
Q3 24
$15.1M
$27.3M
Q2 24
$19.2M
$30.8M
Q1 24
$7.8M
$24.1M
FCF Margin
MEC
MEC
TCBK
TCBK
Q4 25
7.6%
116.9%
Q3 25
-0.8%
40.2%
Q2 25
9.5%
27.2%
Q1 25
4.0%
23.1%
Q4 24
29.4%
104.8%
Q3 24
11.1%
27.6%
Q2 24
11.7%
31.5%
Q1 24
4.9%
24.4%
Capex Intensity
MEC
MEC
TCBK
TCBK
Q4 25
2.4%
4.9%
Q3 25
2.1%
1.7%
Q2 25
1.8%
1.0%
Q1 25
2.2%
1.7%
Q4 24
1.9%
4.5%
Q3 24
2.1%
1.3%
Q2 24
2.5%
1.0%
Q1 24
1.7%
1.0%
Cash Conversion
MEC
MEC
TCBK
TCBK
Q4 25
3.96×
Q3 25
1.33×
Q2 25
1.06×
Q1 25
416.65×
0.93×
Q4 24
2.38×
3.78×
Q3 24
6.03×
0.98×
Q2 24
6.15×
1.10×
Q1 24
3.28×
0.90×

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%

TCBK
TCBK

Segment breakdown not available.

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