Mayville Engineering Company (MEC) Accounts Payables (2018 - 2026)
Mayville Engineering Company (MEC) reported Accounts Payables of $64.73 million for Q2 2026, up 38.9% from $46.61 million a year earlier and up 3.0% from the prior quarter.
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Analysis
Mayville Engineering Company (MEC) Accounts Payables (2018 - 2026) Analysis & Trends
At the end of FY2025, Mayville Engineering Company posted Accounts Payables of $52.38 million, up 33.9% from FY2024.
- Accounts Payables has a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- By year, Accounts Payables came in at $39.12 million in FY2024 (-15.9%), $46.53 million in FY2023 (-13.4%), $53.74 million in FY2022 (+7.2%) and $50.12 million in FY2021 (+49.6%).
- The Q2 2026 figure ranks as the highest quarterly Accounts Payables in data going back to Q4 2018.
- Year over year, Accounts Payables has now increased in each of the last four quarters, with growth averaging 7.7% over the last eight quarters.
- The high point for year-over-year Accounts Payables in five years was Q3 2021 (growth of 80.4%); the low point was Q4 2024 (a decline of 15.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $62.82 million (Q1 2026), $52.38 million (Q4 2025) and $53.07 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 10.31 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 4.01 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 13.67 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 5.42 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 2.44 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 2.47 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 1.61 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 3.11 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 636.00 Mn |
| 10 | Mayville Engineering Company | 416.93 Mn | 409.94 Mn | 17.70 Mn | 64.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.73 Mn |
| Mar 31, 2026 | 62.82 Mn |
| Dec 31, 2025 | 52.38 Mn |
| Sep 30, 2025 | 53.07 Mn |
| Jun 30, 2025 | 46.61 Mn |
| Mar 31, 2025 | 49.75 Mn |
| Dec 31, 2024 | 39.12 Mn |
| Sep 30, 2024 | 47.99 Mn |
| Jun 30, 2024 | 53.96 Mn |
| Mar 31, 2024 | 54.46 Mn |
| Dec 31, 2023 | 46.53 Mn |
| Sep 30, 2023 | 53.37 Mn |
| Jun 30, 2023 | 52.35 Mn |
| Mar 31, 2023 | 52.38 Mn |
| Dec 31, 2022 | 53.74 Mn |
| Sep 30, 2022 | 60.10 Mn |
| Jun 30, 2022 | 58.68 Mn |
| Mar 31, 2022 | 59.83 Mn |
| Dec 31, 2021 | 50.12 Mn |
| Sep 30, 2021 | 49.81 Mn |
API Access
Mayville Engineering Company Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=MEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "MEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();