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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and WESBANCO INC (WSBC). Click either name above to swap in a different company.
WESBANCO INC is the larger business by last-quarter revenue ($257.2M vs $134.3M, roughly 1.9× Mayville Engineering Company, Inc.). WESBANCO INC runs the higher net margin — 34.5% vs -3.2%, a 37.7% gap on every dollar of revenue. Over the past eight quarters, WESBANCO INC's revenue compounded faster (31.9% 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.
WesBanco, Inc., is a bank holding company headquartered in Wheeling, West Virginia, United States. It has over 200 branches in West Virginia, Ohio, Western Pennsylvania, Kentucky, Maryland, and Southern Indiana.
MEC vs WSBC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $134.3M | $257.2M |
| Net Profit | $-4.4M | $88.6M |
| Gross Margin | 6.8% | — |
| Operating Margin | -4.1% | — |
| Net Margin | -3.2% | 34.5% |
| Revenue YoY | 10.7% | — |
| Net Profit YoY | -127.3% | 54.4% |
| EPS (diluted) | $-0.22 | $0.88 |
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 | — | $257.2M | ||
| Q4 25 | $134.3M | $265.6M | ||
| Q3 25 | $144.3M | $261.6M | ||
| Q2 25 | $132.3M | $260.7M | ||
| Q1 25 | $135.6M | $193.2M | ||
| Q4 24 | $121.3M | $162.9M | ||
| Q3 24 | $135.4M | $150.8M | ||
| Q2 24 | $163.6M | $147.9M |
| Q1 26 | — | $88.6M | ||
| Q4 25 | $-4.4M | $91.1M | ||
| Q3 25 | $-2.7M | $83.6M | ||
| Q2 25 | $-1.1M | $57.4M | ||
| Q1 25 | $20.0K | $-9.0M | ||
| Q4 24 | $16.0M | $49.6M | ||
| Q3 24 | $3.0M | $37.3M | ||
| Q2 24 | $3.8M | $28.9M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | -4.1% | 43.2% | ||
| Q3 25 | 0.0% | 39.5% | ||
| Q2 25 | 0.1% | 27.2% | ||
| Q1 25 | 1.2% | -5.0% | ||
| Q4 24 | 19.0% | 38.0% | ||
| Q3 24 | 4.2% | 29.7% | ||
| Q2 24 | 5.0% | 23.7% |
| Q1 26 | — | 34.5% | ||
| Q4 25 | -3.2% | 34.3% | ||
| Q3 25 | -1.9% | 31.9% | ||
| Q2 25 | -0.8% | 22.0% | ||
| Q1 25 | 0.0% | -4.7% | ||
| Q4 24 | 13.2% | 30.5% | ||
| Q3 24 | 2.2% | 24.7% | ||
| Q2 24 | 2.3% | 19.5% |
| Q1 26 | — | $0.88 | ||
| Q4 25 | $-0.22 | $0.97 | ||
| Q3 25 | $-0.13 | $0.84 | ||
| Q2 25 | $-0.05 | $0.57 | ||
| Q1 25 | $0.00 | $-0.15 | ||
| Q4 24 | $0.76 | $0.72 | ||
| Q3 24 | $0.14 | $0.54 | ||
| 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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $240.7M | $4.1B |
| Total Assets | $563.6M | $27.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.5M | $956.1M | ||
| Q3 25 | $1.2M | $1.0B | ||
| Q2 25 | $206.0K | $1.2B | ||
| Q1 25 | $183.0K | $1.1B | ||
| Q4 24 | $206.0K | $568.1M | ||
| Q3 24 | $178.0K | $620.9M | ||
| Q2 24 | $314.0K | $486.8M |
| Q1 26 | — | $4.1B | ||
| Q4 25 | $240.7M | $4.0B | ||
| Q3 25 | $244.8M | $4.1B | ||
| Q2 25 | $246.8M | $3.8B | ||
| Q1 25 | $250.0M | $3.8B | ||
| Q4 24 | $251.8M | $2.8B | ||
| Q3 24 | $238.4M | $2.8B | ||
| Q2 24 | $238.1M | $2.5B |
| Q1 26 | — | $27.5B | ||
| Q4 25 | $563.6M | $27.7B | ||
| Q3 25 | $585.6M | $27.5B | ||
| Q2 25 | $433.7M | $27.6B | ||
| Q1 25 | $447.7M | $27.4B | ||
| Q4 24 | $445.6M | $18.7B | ||
| Q3 24 | $466.0M | $18.5B | ||
| Q2 24 | $488.2M | $18.1B |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $13.4M | $290.4M | ||
| Q3 25 | $1.9M | $116.9M | ||
| Q2 25 | $15.0M | $105.0M | ||
| Q1 25 | $8.3M | $-26.4M | ||
| Q4 24 | $38.0M | $211.0M | ||
| Q3 24 | $17.9M | $60.7M | ||
| Q2 24 | $23.3M | $18.2M |
| Q1 26 | — | — | ||
| Q4 25 | $10.2M | $280.0M | ||
| Q3 25 | $-1.1M | $114.9M | ||
| Q2 25 | $12.5M | $98.3M | ||
| Q1 25 | $5.4M | $-30.7M | ||
| Q4 24 | $35.6M | $200.7M | ||
| Q3 24 | $15.1M | $56.9M | ||
| Q2 24 | $19.2M | $17.3M |
| Q1 26 | — | — | ||
| Q4 25 | 7.6% | 105.4% | ||
| Q3 25 | -0.8% | 43.9% | ||
| Q2 25 | 9.5% | 37.7% | ||
| Q1 25 | 4.0% | -15.9% | ||
| Q4 24 | 29.4% | 123.2% | ||
| Q3 24 | 11.1% | 37.7% | ||
| Q2 24 | 11.7% | 11.7% |
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 3.9% | ||
| Q3 25 | 2.1% | 0.8% | ||
| Q2 25 | 1.8% | 2.6% | ||
| Q1 25 | 2.2% | 2.2% | ||
| Q4 24 | 1.9% | 6.3% | ||
| Q3 24 | 2.1% | 2.5% | ||
| Q2 24 | 2.5% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.19× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | 416.65× | — | ||
| Q4 24 | 2.38× | 4.25× | ||
| Q3 24 | 6.03× | 1.63× | ||
| Q2 24 | 6.15× | 0.63× |
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% |
WSBC
| Net Interest Income | $215.4M | 84% |
| Noninterest Income | $41.8M | 16% |
