Mayville Engineering Company vs Power Solutions International
Power Solutions International is the larger business, with $722m of revenue in fiscal 2025 against $546m for Mayville Engineering Company (1.3 times as much). Power Solutions International grew faster (51.8% against -6.0%). Power Solutions International kept more of each dollar of sales as profit: a net margin of 15.8% against -1.5%. Power Solutions International carries less debt relative to equity (54.7% against 84.1%).
| Latest fiscal year | Mayville Engineering CompanyMEC, 2025 | Power Solutions InternationalPSIX, 2025 |
|---|---|---|
| Revenue | $546m | $722m |
| Revenue growth | -6.0% | 51.8% |
| Net income | −$8.1m | $114m |
| Operating margin | -0.7% | 15.2% |
| Net margin | -1.5% | 15.8% |
| Return on equity | -3.3% | 93.5% |
| Free cash flow | $26.9m | $14.1m |
| Cash | $1.5m | $41.3m |
| Total debt | $203m | $97.7m |
| Debt to equity | 84.1% | 54.7% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $4.6m | — |
| Employees | 2,400 | 1,000 |
| Market value | $406m | $1.12bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 30 (Weak) | 38 (Weak) |
| Insider trades, 12 months | 0 buys, 15 sales | 0 buys, 0 sales |