Mayville Engineering Company (MEC) Capital Expenditures (2018 - 2026)
Mayville Engineering Company (MEC) recorded Capital Expenditures of $8.08 million in Q2 2026, up 230.3% from $2.45 million a year earlier and up 93.1% from the prior quarter.
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Analysis
Mayville Engineering Company (MEC) Capital Expenditures (2018 - 2026) Analysis & Trends
On a TTM basis, Mayville Engineering Company's Capital Expenditures came in at $18.5 million as of Jun 30, 2026, up 74.0% year-over-year; for FY2025, it was $11.65 million, down 3.7% from FY2024.
- Annual Capital Expenditures has declined for three straight years, though with a five-year compound annual growth rate of 8.4% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $12.1 million in FY2024 (-27.1%), $16.6 million in FY2023 (-71.7%), $58.61 million in FY2022 (+49.1%) and $39.31 million in FY2021 (+404.3%).
- The Q2 2026 figure is the highest quarterly Capital Expenditures since Q4 2022.
- On a year-over-year basis, Capital Expenditures has increased for four consecutive quarters, with growth averaging 24.6% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 464.2% in Q3 2021, against a decline of 81.4% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.18 million (Q1 2026), $3.22 million (Q4 2025) and $3.02 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 587.00 Mn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 355.50 Mn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 638.00 Mn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 253.00 Mn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 173.00 Mn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 173.30 Mn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 102.00 Mn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 223.00 Mn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 92.00 Mn |
| 10 | Mayville Engineering Company | 428.92 Mn | 421.93 Mn | 17.70 Mn | 8.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.08 Mn |
| Mar 31, 2026 | 4.18 Mn |
| Dec 31, 2025 | 3.22 Mn |
| Sep 30, 2025 | 3.02 Mn |
| Jun 30, 2025 | 2.45 Mn |
| Mar 31, 2025 | 2.96 Mn |
| Dec 31, 2024 | 2.35 Mn |
| Sep 30, 2024 | 2.88 Mn |
| Jun 30, 2024 | 4.10 Mn |
| Mar 31, 2024 | 2.78 Mn |
| Dec 31, 2023 | 6.78 Mn |
| Sep 30, 2023 | 3.49 Mn |
| Jun 30, 2023 | 3.91 Mn |
| Mar 31, 2023 | 2.41 Mn |
| Dec 31, 2022 | 19.80 Mn |
| Sep 30, 2022 | 12.46 Mn |
| Jun 30, 2022 | 13.37 Mn |
| Mar 31, 2022 | 12.98 Mn |
| Dec 31, 2021 | 12.72 Mn |
| Sep 30, 2021 | 9.60 Mn |
API Access
Mayville Engineering Company Capital Expenditures 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=capital-expenditures&ticker=MEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();