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Mayville Engineering Company, Inc.（MEC）与3M（MMM）财务数据对比。点击上方公司名可切换其他公司
3M的季度营收约是Mayville Engineering Company, Inc.的44.9倍（$6.0B vs $134.3M）。3M净利率更高（10.8% vs -3.2%，领先14.1%）。Mayville Engineering Company, Inc.同比增速更快（10.7% vs 1.3%）。3M自由现金流更多（$2.0B vs $10.2M）。过去两年3M的营收复合增速更高（-1.8% vs -8.8%）
Mayville Engineering Company（MEC）是总部位于美国的领先金属零部件、装配组件及定制工程解决方案供应商，主要服务农业、建筑、商用运输、国防、动力运动等领域的原始设备制造商客户，提供从原型开发到大规模量产的全流程服务。
3M是美国知名跨国综合企业，业务覆盖工业、劳动者安全防护、消费品等多个领域，总部位于圣保罗郊区的枫木市。公司现有超6万款产品，涵盖胶粘剂、研磨材料、防火防护产品、个人防护装备、窗膜、车漆保护膜、电子连接绝缘材料、汽车养护产品、光学膜等品类。
MEC vs MMM — 直观对比
营收规模更大
MMM
是对方的44.9倍
$134.3M
营收增速更快
MEC
高出9.4%
1.3%
净利率更高
MMM
高出14.1%
-3.2%
自由现金流更多
MMM
多$2.0B
$10.2M
两年增速更快
MMM
近两年复合增速
-8.8%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $134.3M | $6.0B |
| 净利润 | $-4.4M | $653.0M |
| 毛利率 | 6.8% | 40.7% |
| 营业利润率 | -4.1% | 23.2% |
| 净利率 | -3.2% | 10.8% |
| 营收同比 | 10.7% | 1.3% |
| 净利润同比 | -127.3% | -41.5% |
| 每股收益（稀释后） | $-0.22 | $1.23 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MECMMM
| Q1 26 | — | $6.0B | ||
| Q4 25 | $134.3M | $6.1B | ||
| Q3 25 | $144.3M | $6.5B | ||
| Q2 25 | $132.3M | $6.3B | ||
| Q1 25 | $135.6M | $6.0B | ||
| Q4 24 | $121.3M | $6.0B | ||
| Q3 24 | $135.4M | $6.3B | ||
| Q2 24 | $163.6M | $6.3B |
净利润MECMMM
| Q1 26 | — | $653.0M | ||
| Q4 25 | $-4.4M | $577.0M | ||
| Q3 25 | $-2.7M | $834.0M | ||
| Q2 25 | $-1.1M | $723.0M | ||
| Q1 25 | $20.0K | $1.1B | ||
| Q4 24 | $16.0M | $728.0M | ||
| Q3 24 | $3.0M | $1.4B | ||
| Q2 24 | $3.8M | $1.1B |
毛利率MECMMM
| Q1 26 | — | 40.7% | ||
| Q4 25 | 6.8% | 33.6% | ||
| Q3 25 | 11.0% | 41.8% | ||
| Q2 25 | 10.3% | 42.5% | ||
| Q1 25 | 11.3% | 41.6% | ||
| Q4 24 | 8.9% | 51.7% | ||
| Q3 24 | 12.6% | 42.1% | ||
| Q2 24 | 13.6% | 42.9% |
营业利润率MECMMM
| Q1 26 | — | 23.2% | ||
| Q4 25 | -4.1% | 13.0% | ||
| Q3 25 | 0.0% | 22.2% | ||
| Q2 25 | 0.1% | 18.0% | ||
| Q1 25 | 1.2% | 20.9% | ||
| Q4 24 | 19.0% | 12.2% | ||
| Q3 24 | 4.2% | 20.9% | ||
| Q2 24 | 5.0% | 20.3% |
净利率MECMMM
| Q1 26 | — | 10.8% | ||
| Q4 25 | -3.2% | 9.4% | ||
| Q3 25 | -1.9% | 12.8% | ||
| Q2 25 | -0.8% | 11.4% | ||
| Q1 25 | 0.0% | 18.7% | ||
| Q4 24 | 13.2% | 12.1% | ||
| Q3 24 | 2.2% | 21.8% | ||
| Q2 24 | 2.3% | 18.3% |
每股收益（稀释后）MECMMM
| Q1 26 | — | $1.23 | ||
| Q4 25 | $-0.22 | $1.07 | ||
| Q3 25 | $-0.13 | $1.55 | ||
| Q2 25 | $-0.05 | $1.34 | ||
| Q1 25 | $0.00 | $2.04 | ||
| Q4 24 | $0.76 | $1.33 | ||
| Q3 24 | $0.14 | $2.48 | ||
| Q2 24 | $0.18 | $2.07 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.5M | $3.7B |
| 总债务越低越好 | — | $10.9B |
| 股东权益账面价值 | $240.7M | $3.3B |
| 总资产 | $563.6M | $35.4B |
| 负债/权益比越低杠杆越低 | — | 3.29× |
8季度趋势，按日历期对齐
现金及短期投资MECMMM
| Q1 26 | — | $3.7B | ||
| 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 | — |
总债务MECMMM
| Q1 26 | — | $10.9B | ||
| Q4 25 | — | $12.6B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | — | $13.1B | ||
| Q1 25 | — | $13.5B | ||
| Q4 24 | — | $13.0B | ||
| Q3 24 | — | $13.2B | ||
| Q2 24 | — | $13.1B |
股东权益MECMMM
| Q1 26 | — | $3.3B | ||
| Q4 25 | $240.7M | $4.7B | ||
| Q3 25 | $244.8M | $4.6B | ||
| Q2 25 | $246.8M | $4.3B | ||
| Q1 25 | $250.0M | $4.5B | ||
| Q4 24 | $251.8M | $3.8B | ||
| Q3 24 | $238.4M | $4.6B | ||
| Q2 24 | $238.1M | $3.9B |
总资产MECMMM
| Q1 26 | — | $35.4B | ||
| Q4 25 | $563.6M | $37.7B | ||
| Q3 25 | $585.6M | $37.6B | ||
| Q2 25 | $433.7M | $38.0B | ||
| Q1 25 | $447.7M | $40.0B | ||
| Q4 24 | $445.6M | $39.9B | ||
| Q3 24 | $466.0M | $40.9B | ||
| Q2 24 | $488.2M | $43.4B |
负债/权益比MECMMM
| Q1 26 | — | 3.29× | ||
| Q4 25 | — | 2.68× | ||
| Q3 25 | — | 2.72× | ||
| Q2 25 | — | 3.06× | ||
| Q1 25 | — | 3.02× | ||
| Q4 24 | — | 3.40× | ||
| Q3 24 | — | 2.84× | ||
| Q2 24 | — | 3.34× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $13.4M | — |
| 自由现金流经营现金流 - 资本支出 | $10.2M | $2.0B |
| 自由现金流率自由现金流/营收 | 7.6% | 33.6% |
| 资本支出强度资本支出/营收 | 2.4% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $26.9M | $3.7B |
8季度趋势，按日历期对齐
经营现金流MECMMM
| Q1 26 | — | — | ||
| Q4 25 | $13.4M | $1.6B | ||
| Q3 25 | $1.9M | $1.8B | ||
| Q2 25 | $15.0M | $-954.0M | ||
| Q1 25 | $8.3M | $-79.0M | ||
| Q4 24 | $38.0M | $1.8B | ||
| Q3 24 | $17.9M | $-1.8B | ||
| Q2 24 | $23.3M | $1.0B |
自由现金流MECMMM
| Q1 26 | — | $2.0B | ||
| Q4 25 | $10.2M | $1.3B | ||
| Q3 25 | $-1.1M | $1.5B | ||
| Q2 25 | $12.5M | $-1.2B | ||
| Q1 25 | $5.4M | $-315.0M | ||
| Q4 24 | $35.6M | $1.5B | ||
| Q3 24 | $15.1M | $-2.0B | ||
| Q2 24 | $19.2M | $752.0M |
自由现金流率MECMMM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 7.6% | 21.8% | ||
| Q3 25 | -0.8% | 23.6% | ||
| Q2 25 | 9.5% | -18.3% | ||
| Q1 25 | 4.0% | -5.3% | ||
| Q4 24 | 29.4% | 25.4% | ||
| Q3 24 | 11.1% | -32.3% | ||
| Q2 24 | 11.7% | 12.0% |
资本支出强度MECMMM
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 4.0% | ||
| Q3 25 | 2.1% | 3.3% | ||
| Q2 25 | 1.8% | 3.3% | ||
| Q1 25 | 2.2% | 4.0% | ||
| Q4 24 | 1.9% | 4.8% | ||
| Q3 24 | 2.1% | 3.9% | ||
| Q2 24 | 2.5% | 4.3% |
现金转化率MECMMM
| Q1 26 | — | — | ||
| Q4 25 | — | 2.74× | ||
| Q3 25 | — | 2.11× | ||
| Q2 25 | — | -1.32× | ||
| Q1 25 | 416.65× | -0.07× | ||
| Q4 24 | 2.38× | 2.50× | ||
| Q3 24 | 6.03× | -1.30× | ||
| Q2 24 | 6.15× | 0.89× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
MMM
| Safety and Industrial business segment | $2.9B | 49% |
| Transportation and Electronics business segment | $1.8B | 31% |
| Consumer business segment | $1.1B | 19% |
| Corporate | $121.0M | 2% |
