Enerpac Tool Group vs Mayville Engineering Company
Enerpac Tool Group is the larger business, with $652m of revenue in fiscal 2026 against $546m for Mayville Engineering Company (1.2 times as much). Enerpac Tool Group grew faster (5.7% against -6.0%). Enerpac Tool Group kept more of each dollar of sales as profit: a net margin of 13.8% against -1.5%. Enerpac Tool Group carries less debt relative to equity (40.3% against 84.1%).
| Latest fiscal year | Enerpac Tool GroupEPAC, 2026 | Mayville Engineering CompanyMEC, 2025 |
|---|---|---|
| Revenue | $652m | $546m |
| Revenue growth | 5.7% | -6.0% |
| Net income | $89.7m | −$8.1m |
| Operating margin | 19.8% | -0.7% |
| Net margin | 13.8% | -1.5% |
| Return on equity | 20.2% | -3.3% |
| Free cash flow | $120m | $26.9m |
| Cash | $175m | $1.5m |
| Total debt | $183m | $203m |
| Debt to equity | 40.3% | 84.1% |
| Dividend per share | $0.04 | — |
| Dividend yield | 0.1% | — |
| Share buybacks | $81.1m | $4.6m |
| Employees | 340 | 2,400 |
| Market value | $2.19bn | $406m |
| Price vs our value range | Above our value range | Below our value range |
| Moat score | 69 (Moderate) | 30 (Weak) |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 15 sales |