Mayville Engineering Company (MEC) Capital Leases (2018 - 2021)
Mayville Engineering Company's (MEC) quarterly Capital Leases came in at $892000.0 in Q4 2021, down 56.72% YoY from $2.1 million in Q4 2020, and down 43.26% on a QoQ basis from $1.6 million in Q3 2021.
Mayville Engineering Company (MEC) Capital Leases (2018 - 2021) Analysis & Trends
Mayville Engineering Company (MEC) has 4 years of Capital Leases data on file, last reported at $892000.0 in Q4 2021.
- Quarterly Capital Leases fell 56.72% year-over-year to $892000.0 in Q4 2021, while the trailing twelve-month figure through Dec 2021 was $892000.0 (down 56.72% YoY) and the FY2021 annual result came in at $892000.0, down 56.72% from the prior year.
- Capital Leases eased to $892000.0 in Q4 2021, from $1.6 million in the prior quarter.
- In the past five years, Capital Leases ranged from a high of $2.7 million in Q3 2019 to a low of $892000.0 in Q4 2021.
- A 4-year average of $2.0 million and a median of $1.9 million in 2021 frame the typical range for Capital Leases.
- Annual changes were most pronounced in 2019 — Capital Leases jumped 58.34% — and 2021, when it tumbled 56.72%.
- Tracing MEC's Capital Leases over 4 years: stood at $1.7 million in 2018, then soared by 58.34% to $2.7 million in 2019, then dropped by 23.3% to $2.1 million in 2020, then plunged by 56.72% to $892000.0 in 2021.
- The last three Capital Leases figures came in at $892000.0 (Q4 2021), $1.6 million (Q3 2021), and $1.7 million (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn |
| 4 | Commercial Metals | 7.25 Bn | 6.69 Bn | 455.14 Mn |
| 5 | Esab | 4.82 Bn | 4.61 Bn | 307.21 Mn |
| 6 | Gpgi | 3.71 Bn | 3.71 Bn | - |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn |
| 10 | Mayville Engineering Company | 516.15 Mn | 513.95 Mn | 17.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 892,000.00 |
| Sep 30, 2021 | 1.57 Mn |
| Jun 30, 2021 | 1.74 Mn |
| Mar 31, 2021 | 1.90 Mn |
| Dec 31, 2020 | 2.06 Mn |
| Sep 30, 2020 | 2.22 Mn |
| Jun 30, 2020 | 2.38 Mn |
| Mar 31, 2020 | 2.53 Mn |
| Dec 31, 2019 | 2.69 Mn |
| Sep 30, 2019 | 2.74 Mn |
| Jun 30, 2019 | 1.56 Mn |
| Mar 31, 2019 | 1.63 Mn |
| Dec 31, 2018 | 1.70 Mn |