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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and Veris Residential, Inc. (VRE). 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 $70.1M, roughly 1.9× Veris Residential, Inc.). Mayville Engineering Company, Inc. runs the higher net margin — -3.2% vs -20.0%, a 16.7% gap on every dollar of revenue. On growth, Mayville Engineering Company, Inc. posted the faster year-over-year revenue change (10.7% vs 3.5%). Over the past eight quarters, Veris Residential, Inc.'s revenue compounded faster (1.9% 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.

Veris Residential, Inc. is an American real estate investment trust headquartered in Jersey City, New Jersey, investing primarily in apartments in New Jersey and Boston.

MEC vs VRE — Head-to-Head

Bigger by revenue
MEC
MEC
1.9× larger
MEC
$134.3M
$70.1M
VRE
Growing faster (revenue YoY)
MEC
MEC
+7.2% gap
MEC
10.7%
3.5%
VRE
Higher net margin
MEC
MEC
16.7% more per $
MEC
-3.2%
-20.0%
VRE
Faster 2-yr revenue CAGR
VRE
VRE
Annualised
VRE
1.9%
-8.8%
MEC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MEC
MEC
VRE
VRE
Revenue
$134.3M
$70.1M
Net Profit
$-4.4M
$-14.0M
Gross Margin
6.8%
95.9%
Operating Margin
-4.1%
-22.2%
Net Margin
-3.2%
-20.0%
Revenue YoY
10.7%
3.5%
Net Profit YoY
-127.3%
-30.9%
EPS (diluted)
$-0.22
$-0.15

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
VRE
VRE
Q1 26
$70.1M
Q4 25
$134.3M
$71.3M
Q3 25
$144.3M
$73.4M
Q2 25
$132.3M
$75.9M
Q1 25
$135.6M
$67.8M
Q4 24
$121.3M
$68.1M
Q3 24
$135.4M
$68.2M
Q2 24
$163.6M
$67.5M
Net Profit
MEC
MEC
VRE
VRE
Q1 26
$-14.0M
Q4 25
$-4.4M
$-203.0K
Q3 25
$-2.7M
$75.2M
Q2 25
$-1.1M
$10.9M
Q1 25
$20.0K
$-10.7M
Q4 24
$16.0M
$-12.4M
Q3 24
$3.0M
$-9.7M
Q2 24
$3.8M
$2.9M
Gross Margin
MEC
MEC
VRE
VRE
Q1 26
95.9%
Q4 25
6.8%
97.2%
Q3 25
11.0%
96.8%
Q2 25
10.3%
97.2%
Q1 25
11.3%
95.9%
Q4 24
8.9%
97.1%
Q3 24
12.6%
96.9%
Q2 24
13.6%
97.3%
Operating Margin
MEC
MEC
VRE
VRE
Q1 26
-22.2%
Q4 25
-4.1%
-0.9%
Q3 25
0.0%
Q2 25
0.1%
15.8%
Q1 25
1.2%
-20.4%
Q4 24
19.0%
-21.9%
Q3 24
4.2%
-16.2%
Q2 24
5.0%
2.2%
Net Margin
MEC
MEC
VRE
VRE
Q1 26
-20.0%
Q4 25
-3.2%
-0.3%
Q3 25
-1.9%
102.4%
Q2 25
-0.8%
14.4%
Q1 25
0.0%
-15.8%
Q4 24
13.2%
-18.3%
Q3 24
2.2%
-14.2%
Q2 24
2.3%
4.3%
EPS (diluted)
MEC
MEC
VRE
VRE
Q1 26
$-0.15
Q4 25
$-0.22
$0.00
Q3 25
$-0.13
$0.80
Q2 25
$-0.05
$0.12
Q1 25
$0.00
$-0.12
Q4 24
$0.76
$-0.14
Q3 24
$0.14
$-0.10
Q2 24
$0.18
$0.03

Balance Sheet & Financial Strength

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

Metric
MEC
MEC
VRE
VRE
Cash + ST InvestmentsLiquidity on hand
$1.5M
$9.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$240.7M
$1.1B
Total Assets
$563.6M
$2.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEC
MEC
VRE
VRE
Q1 26
$9.4M
Q4 25
$1.5M
$14.1M
Q3 25
$1.2M
$8.8M
Q2 25
$206.0K
$11.4M
Q1 25
$183.0K
$7.6M
Q4 24
$206.0K
$7.3M
Q3 24
$178.0K
$12.8M
Q2 24
$314.0K
$18.4M
Total Debt
MEC
MEC
VRE
VRE
Q1 26
Q4 25
$1.4B
Q3 25
Q2 25
Q1 25
Q4 24
$1.7B
Q3 24
Q2 24
Stockholders' Equity
MEC
MEC
VRE
VRE
Q1 26
$1.1B
Q4 25
$240.7M
$1.2B
Q3 25
$244.8M
$1.2B
Q2 25
$246.8M
$1.1B
Q1 25
$250.0M
$1.1B
Q4 24
$251.8M
$1.1B
Q3 24
$238.4M
$1.1B
Q2 24
$238.1M
$1.1B
Total Assets
MEC
MEC
VRE
VRE
Q1 26
$2.7B
Q4 25
$563.6M
$2.7B
Q3 25
$585.6M
$2.8B
Q2 25
$433.7M
$3.1B
Q1 25
$447.7M
$3.0B
Q4 24
$445.6M
$3.0B
Q3 24
$466.0M
$3.0B
Q2 24
$488.2M
$3.0B
Debt / Equity
MEC
MEC
VRE
VRE
Q1 26
Q4 25
1.18×
Q3 25
Q2 25
Q1 25
Q4 24
1.52×
Q3 24
Q2 24

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
VRE
VRE
Operating Cash FlowLast quarter
$13.4M
$14.0M
Free Cash FlowOCF − Capex
$10.2M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$26.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEC
MEC
VRE
VRE
Q1 26
$14.0M
Q4 25
$13.4M
$76.0M
Q3 25
$1.9M
$13.5M
Q2 25
$15.0M
$23.8M
Q1 25
$8.3M
$13.2M
Q4 24
$38.0M
$52.3M
Q3 24
$17.9M
$13.9M
Q2 24
$23.3M
$10.8M
Free Cash Flow
MEC
MEC
VRE
VRE
Q1 26
Q4 25
$10.2M
Q3 25
$-1.1M
Q2 25
$12.5M
Q1 25
$5.4M
Q4 24
$35.6M
Q3 24
$15.1M
Q2 24
$19.2M
FCF Margin
MEC
MEC
VRE
VRE
Q1 26
Q4 25
7.6%
Q3 25
-0.8%
Q2 25
9.5%
Q1 25
4.0%
Q4 24
29.4%
Q3 24
11.1%
Q2 24
11.7%
Capex Intensity
MEC
MEC
VRE
VRE
Q1 26
Q4 25
2.4%
Q3 25
2.1%
Q2 25
1.8%
Q1 25
2.2%
Q4 24
1.9%
Q3 24
2.1%
Q2 24
2.5%
Cash Conversion
MEC
MEC
VRE
VRE
Q1 26
Q4 25
Q3 25
0.18×
Q2 25
2.18×
Q1 25
416.65×
Q4 24
2.38×
Q3 24
6.03×
Q2 24
6.15×
3.71×

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%

VRE
VRE

Segment breakdown not available.

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