Mexco Energy Cor Financials
This page shows Mexco Energy Cor (MXC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash-rich, lightly leveraged operations sit on a reinvestment-heavy asset base, so earnings understate the business's cash mechanics.
Across the last three fiscal years, net margin fell from48.8% to23.3% , but cash generation held up much better than earnings because non-cash charges grew with the asset base. In the latest year, operating cash flow of$4.27M exceeded net income of$1.71M , showing that reported profit is more volatile than the cash produced by the underlying assets.
The balance sheet remains equity-funded: liabilities were just
This is also a capital-intensive model: investing outflow of
Financial Health Signals
Scored against energy companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Mexco Energy Cor's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Mexco Energy Cor scores 7.49, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($17.1M) relative to total liabilities ($1.7M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Mexco Energy Cor passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Mexco Energy Cor generates $2.89 in operating cash flow ($3.8M OCF vs $1.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Mexco Energy Cor earns $290.2 in operating income for every $1 of interest expense ($1.3M vs $4K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Mexco Energy Cor generated $6.6M in revenue in fiscal year 2026. This represents a decrease of 8.1% from the prior year.
Mexco Energy Cor's EBITDA was $3.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 9.3% from the prior year.
Mexco Energy Cor reported $1.3M in net income in fiscal year 2026. This represents a decrease of 23.7% from the prior year.
Mexco Energy Cor earned $0.63 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 22.2% from the prior year.
Cash & Balance Sheet
Mexco Energy Cor held $2.8M in cash against $0 in long-term debt as of fiscal year 2026.
Mexco Energy Cor paid $0.10 per share in dividends in fiscal year 2026. This represents an increase of 0.0% from the prior year.
Mexco Energy Cor had 2M shares outstanding in fiscal year 2026. This represents an increase of 0.0% from the prior year.
Margins & Returns
Mexco Energy Cor's operating margin was 19.4% in fiscal year 2026, reflecting core business profitability. This is down 4.9 percentage points from the prior year.
Mexco Energy Cor's net profit margin was 19.9% in fiscal year 2026, showing the share of revenue converted to profit. This is down 4.1 percentage points from the prior year.
Mexco Energy Cor's ROE was 6.5% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 2.6 percentage points from the prior year.
Capital Allocation
MXC Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6M+17.7% | $1.4M-20.2% | $1.7M-4.4% | $1.8M+2.4% | $1.8M-6.3% | $1.9M+8.1% | $1.7M+1.2% | $1.7M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $262K-17.5% | $318K-4.4% | $332K-15.8% | $394K+41.9% | $278K-18.4% | $341K+1.8% | $335K-8.9% | $367K |
| Operating Income | $485K+430.0% | $91K-74.8% | $363K+9.3% | $332K-33.8% | $501K+12.2% | $446K+9.1% | $409K+8.8% | $376K |
| Interest Expense | $1K+6.8% | $1K-0.6% | $1K+0.6% | $1K-4.4% | $1K-60.8% | $3K+166.8% | $1K-0.7% | $1K |
| Income Tax | $153K+139.4% | $64K+10.1% | $58K-43.6% | $103K-1.0% | $104K+669.8% | -$18K-116.4% | $112K+4.8% | $107K |
| Net Income | $690K+1273.3% | $50K-84.5% | $324K+33.7% | $242K-61.9% | $635K+35.4% | $469K+47.9% | $317K+9.0% | $291K |
| EPS (Diluted) | N/A | $0.02-87.5% | $0.16+33.3% | $0.12 | N/A | $0.22+46.7% | $0.15+7.1% | $0.14 |
MXC Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $21.7M+5.5% | $20.6M0.0% | $20.6M0.0% | $20.6M+1.1% | $20.3M+4.2% | $19.5M+1.1% | $19.3M-0.1% | $19.4M |
| Current Assets | $4.4M+27.5% | $3.5M-6.7% | $3.7M+5.4% | $3.5M+17.3% | $3.0M+47.2% | $2.1M-20.1% | $2.6M-27.8% | $3.6M |
| Cash & Equivalents | $2.8M+22.4% | $2.3M-17.4% | $2.7M+7.9% | $2.5M+45.2% | $1.8M+92.7% | $910K-42.3% | $1.6M-37.2% | $2.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $111K+236.2% | $33K-32.0% | $49K0.0% | $49K-28.3% | $68K+39.4% | $49K+1057.3% | $4K-57.7% | $10K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.7M+31.3% | $1.3M-6.5% | $1.4M-21.2% | $1.8M+7.7% | $1.6M+8.4% | $1.5M-17.1% | $1.8M+6.9% | $1.7M |
| Current Liabilities | $453K+60.2% | $283K-37.8% | $454K-38.3% | $737K+33.6% | $551K-5.4% | $582K-1.9% | $594K+15.0% | $516K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $20.0M+3.8% | $19.3M+0.5% | $19.2M+1.9% | $18.8M+0.5% | $18.7M+3.8% | $18.0M+3.0% | $17.5M-0.8% | $17.7M |
| Retained Earnings | $11.7M+6.3% | $11.0M+0.5% | $11.0M+3.0% | $10.7M+0.4% | $10.6M+6.4% | $10.0M+4.9% | $9.5M+3.4% | $9.2M |
MXC Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $848K-1.7% | $863K+22.6% | $704K-48.3% | $1.4M+2.6% | $1.3M+42.1% | $935K+0.7% | $928K-14.0% | $1.1M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$328K+75.6% | -$1.3M-166.2% | -$504K-37.8% | -$366K+24.5% | -$485K+69.8% | -$1.6M-18.8% | -$1.3M-88.1% | -$717K |
| Financing Cash Flow | -$12K | $0 | $0+100.0% | -$205K | $0 | $0+100.0% | -$515K-60.8% | -$320K |
| Dividends Paid | $0 | $0 | $0-100.0% | $205K | $0 | $0 | $0-100.0% | $209K |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
MXC Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 29.8%+23.2pp | 6.6%-14.3pp | 20.9%+2.6pp | 18.3%-10.0pp | 28.3%+4.7pp | 23.6%+0.2pp | 23.4%+1.6pp | 21.8% |
| Net Margin | 42.4%+38.7pp | 3.6%-15.0pp | 18.6%+5.3pp | 13.3%-22.5pp | 35.8%+11.0pp | 24.8%+6.7pp | 18.1%+1.3pp | 16.8% |
| Return on Equity | 3.5%+3.2pp | 0.3%-1.4pp | 1.7%+0.4pp | 1.3%-2.1pp | 3.4%+0.8pp | 2.6%+0.8pp | 1.8%+0.2pp | 1.7% |
| Return on Assets | 3.2%+2.9pp | 0.2%-1.3pp | 1.6%+0.4pp | 1.2%-1.9pp | 3.1%+0.7pp | 2.4%+0.8pp | 1.6%+0.1pp | 1.5% |
| Current Ratio | 9.82-2.5 | 12.34+4.1 | 8.23+3.4 | 4.81-0.7 | 5.48+2.0 | 3.52-0.8 | 4.32-2.6 | 6.88 |
| Debt-to-Equity | 0.09+0.0 | 0.070.0 | 0.07-0.0 | 0.090.0 | 0.090.0 | 0.08-0.0 | 0.100.0 | 0.10 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Mexco Energy Cor's annual revenue?
Mexco Energy Cor (MXC) reported $6.6M in total revenue for fiscal year 2026. This represents a -8.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Mexco Energy Cor's revenue growing?
Mexco Energy Cor (MXC) revenue declined by 8.1% year-over-year, from $7.1M to $6.6M in fiscal year 2026.
Is Mexco Energy Cor profitable?
Yes, Mexco Energy Cor (MXC) reported a net income of $1.3M in fiscal year 2026, with a net profit margin of 19.9%.
What is Mexco Energy Cor's EBITDA?
Mexco Energy Cor (MXC) had EBITDA of $3.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Mexco Energy Cor's operating margin?
Mexco Energy Cor (MXC) had an operating margin of 19.4% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Mexco Energy Cor's net profit margin?
Mexco Energy Cor (MXC) had a net profit margin of 19.9% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Does Mexco Energy Cor pay dividends?
Yes, Mexco Energy Cor (MXC) paid $0.10 per share in dividends during fiscal year 2026.
What is Mexco Energy Cor's return on equity (ROE)?
Mexco Energy Cor (MXC) has a return on equity of 6.5% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Mexco Energy Cor's operating cash flow?
Mexco Energy Cor (MXC) generated $3.8M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Mexco Energy Cor's total assets?
Mexco Energy Cor (MXC) had $21.7M in total assets as of fiscal year 2026, including both current and long-term assets.
What is Mexco Energy Cor's current ratio?
Mexco Energy Cor (MXC) had a current ratio of 9.82 as of fiscal year 2026, which is generally considered healthy.
What is Mexco Energy Cor's debt-to-equity ratio?
Mexco Energy Cor (MXC) had a debt-to-equity ratio of 0.09 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Mexco Energy Cor's return on assets (ROA)?
Mexco Energy Cor (MXC) had a return on assets of 6.0% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Mexco Energy Cor's Altman Z-Score?
Mexco Energy Cor (MXC) has an Altman Z-Score of 7.49, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Mexco Energy Cor's Piotroski F-Score?
Mexco Energy Cor (MXC) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Mexco Energy Cor's earnings high quality?
Mexco Energy Cor (MXC) has an earnings quality ratio of 2.89x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Mexco Energy Cor cover its interest payments?
Mexco Energy Cor (MXC) has an interest coverage ratio of 290.2x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Mexco Energy Cor?
Mexco Energy Cor (MXC) scores 57 out of 100 on our Financial Health Score, indicating moderate standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.