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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and WisdomTree, Inc. (WT). Click either name above to swap in a different company.

WisdomTree, Inc. is the larger business by last-quarter revenue ($147.4M vs $134.3M, roughly 1.1× Mayville Engineering Company, Inc.). WisdomTree, Inc. runs the higher net margin — 27.1% vs -3.2%, a 30.4% gap on every dollar of revenue. On growth, WisdomTree, Inc. posted the faster year-over-year revenue change (33.2% vs 10.7%). WisdomTree, Inc. produced more free cash flow last quarter ($147.7M vs $10.2M). Over the past eight quarters, WisdomTree, Inc.'s revenue compounded faster (23.4% 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.

WisdomTree, Inc. is a global exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager with headquarters in New York. WisdomTree launched its first ETFs in June 2006, and became one of the major ETF providers in the United States. WisdomTree sponsors different ETFs that span asset classes and countries worldwide. Categories include: U.S. and International Equity, Currency, Fixed Income and Alternatives.

MEC vs WT — Head-to-Head

Bigger by revenue
WT
WT
1.1× larger
WT
$147.4M
$134.3M
MEC
Growing faster (revenue YoY)
WT
WT
+22.5% gap
WT
33.2%
10.7%
MEC
Higher net margin
WT
WT
30.4% more per $
WT
27.1%
-3.2%
MEC
More free cash flow
WT
WT
$137.6M more FCF
WT
$147.7M
$10.2M
MEC
Faster 2-yr revenue CAGR
WT
WT
Annualised
WT
23.4%
-8.8%
MEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MEC
MEC
WT
WT
Revenue
$134.3M
$147.4M
Net Profit
$-4.4M
$40.0M
Gross Margin
6.8%
Operating Margin
-4.1%
40.5%
Net Margin
-3.2%
27.1%
Revenue YoY
10.7%
33.2%
Net Profit YoY
-127.3%
46.6%
EPS (diluted)
$-0.22
$0.28

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
WT
WT
Q4 25
$134.3M
$147.4M
Q3 25
$144.3M
$125.6M
Q2 25
$132.3M
$112.6M
Q1 25
$135.6M
$108.1M
Q4 24
$121.3M
$110.7M
Q3 24
$135.4M
$113.2M
Q2 24
$163.6M
$107.0M
Q1 24
$161.3M
$96.8M
Net Profit
MEC
MEC
WT
WT
Q4 25
$-4.4M
$40.0M
Q3 25
$-2.7M
$19.7M
Q2 25
$-1.1M
$24.8M
Q1 25
$20.0K
$24.6M
Q4 24
$16.0M
$27.3M
Q3 24
$3.0M
$-4.5M
Q2 24
$3.8M
$21.8M
Q1 24
$3.2M
$22.1M
Gross Margin
MEC
MEC
WT
WT
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
WT
WT
Q4 25
-4.1%
40.5%
Q3 25
0.0%
36.3%
Q2 25
0.1%
30.8%
Q1 25
1.2%
31.6%
Q4 24
19.0%
31.7%
Q3 24
4.2%
36.0%
Q2 24
5.0%
31.3%
Q1 24
4.7%
28.9%
Net Margin
MEC
MEC
WT
WT
Q4 25
-3.2%
27.1%
Q3 25
-1.9%
15.7%
Q2 25
-0.8%
22.0%
Q1 25
0.0%
22.8%
Q4 24
13.2%
24.7%
Q3 24
2.2%
-4.0%
Q2 24
2.3%
20.3%
Q1 24
2.0%
22.8%
EPS (diluted)
MEC
MEC
WT
WT
Q4 25
$-0.22
$0.28
Q3 25
$-0.13
$0.13
Q2 25
$-0.05
$0.17
Q1 25
$0.00
$0.17
Q4 24
$0.76
$0.20
Q3 24
$0.14
$-0.13
Q2 24
$0.18
$0.13
Q1 24
$0.16
$0.13

Balance Sheet & Financial Strength

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

Metric
MEC
MEC
WT
WT
Cash + ST InvestmentsLiquidity on hand
$1.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$240.7M
$413.7M
Total Assets
$563.6M
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEC
MEC
WT
WT
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
$132.5M
Q1 24
$314.0K
$116.9M
Stockholders' Equity
MEC
MEC
WT
WT
Q4 25
$240.7M
$413.7M
Q3 25
$244.8M
$373.4M
Q2 25
$246.8M
$445.1M
Q1 25
$250.0M
$415.6M
Q4 24
$251.8M
$400.0M
Q3 24
$238.4M
$374.9M
Q2 24
$238.1M
$445.6M
Q1 24
$234.0M
$423.2M
Total Assets
MEC
MEC
WT
WT
Q4 25
$563.6M
$1.5B
Q3 25
$585.6M
$1.4B
Q2 25
$433.7M
$1.1B
Q1 25
$447.7M
$1.0B
Q4 24
$445.6M
$1.0B
Q3 24
$466.0M
$1.0B
Q2 24
$488.2M
$964.1M
Q1 24
$499.9M
$931.7M

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
WT
WT
Operating Cash FlowLast quarter
$13.4M
$147.9M
Free Cash FlowOCF − Capex
$10.2M
$147.7M
FCF MarginFCF / Revenue
7.6%
100.2%
Capex IntensityCapex / Revenue
2.4%
0.1%
Cash ConversionOCF / Net Profit
3.70×
TTM Free Cash FlowTrailing 4 quarters
$26.9M
$240.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEC
MEC
WT
WT
Q4 25
$13.4M
$147.9M
Q3 25
$1.9M
$48.1M
Q2 25
$15.0M
$38.8M
Q1 25
$8.3M
$6.4M
Q4 24
$38.0M
$113.5M
Q3 24
$17.9M
$47.7M
Q2 24
$23.3M
$32.2M
Q1 24
$10.6M
$-1.0M
Free Cash Flow
MEC
MEC
WT
WT
Q4 25
$10.2M
$147.7M
Q3 25
$-1.1M
$48.0M
Q2 25
$12.5M
$38.7M
Q1 25
$5.4M
$6.3M
Q4 24
$35.6M
$113.3M
Q3 24
$15.1M
$47.7M
Q2 24
$19.2M
$32.2M
Q1 24
$7.8M
$-1.1M
FCF Margin
MEC
MEC
WT
WT
Q4 25
7.6%
100.2%
Q3 25
-0.8%
38.2%
Q2 25
9.5%
34.4%
Q1 25
4.0%
5.9%
Q4 24
29.4%
102.4%
Q3 24
11.1%
42.1%
Q2 24
11.7%
30.1%
Q1 24
4.9%
-1.1%
Capex Intensity
MEC
MEC
WT
WT
Q4 25
2.4%
0.1%
Q3 25
2.1%
0.0%
Q2 25
1.8%
0.1%
Q1 25
2.2%
0.0%
Q4 24
1.9%
0.1%
Q3 24
2.1%
0.0%
Q2 24
2.5%
0.0%
Q1 24
1.7%
0.1%
Cash Conversion
MEC
MEC
WT
WT
Q4 25
3.70×
Q3 25
2.44×
Q2 25
1.57×
Q1 25
416.65×
0.26×
Q4 24
2.38×
4.15×
Q3 24
6.03×
Q2 24
6.15×
1.48×
Q1 24
3.28×
-0.05×

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%

WT
WT

Investment Advisory Management And Administrative Service$122.7M83%
Other Services Income$12.7M9%
IE$11.5M8%

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