Mayville Engineering Company (MEC) Change in Account Payables (2018 - 2026)
Mayville Engineering Company (MEC) reported Change in Account Payables of $10.2 million for Q1 2026, down 2.48% on a YoY basis from $10.4 million in Q1 2025, and up 736.56% quarter-over-quarter from -$1.6 million in Q4 2025.
Mayville Engineering Company (MEC) Change in Account Payables (2018 - 2026) Analysis & Trends
Mayville Engineering Company has reported Change in Account Payables for 9 years, with the latest figure at $10.2 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Account Payables fell 2.48% year-over-year to $10.2 million; the trailing twelve-month figure through Mar 2026 stood at $8.1 million (up 289.41% YoY), and the FY2025 full-year result was $8.4 million, up 204.58% from the prior year.
- Change in Account Payables for Q1 2026 stood at $10.2 million, up from -$1.6 million in the prior quarter.
- The five-year high for Change in Account Payables was $10.5 million in Q1 2022, with the low at -$8.5 million in Q4 2024.
- Historically, Change in Account Payables has averaged $616117.6 across 5 years, with a median of -$880000.0 in 2022.
- Annual changes were most pronounced in 2024 — Change in Account Payables surged 393.76% — and 2025, when it slumped 808.93%.
- Mayville Engineering Company's Change in Account Payables stood at -$880000.0 in 2022, then slumped by 502.73% to -$5.3 million in 2023, then slumped by 60.78% to -$8.5 million in 2024, then soared by 81.24% to -$1.6 million in 2025, then jumped by 736.56% to $10.2 million in 2026.
- The last three Change in Account Payables figures came in at $10.2 million (Q1 2026), -$1.6 million (Q4 2025), and $2.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 47.10 Mn |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | 94.80 Mn |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | - |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | - |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | 16.58 Mn |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | 500,000.00 |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 6.61 Mn |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | 3.95 Mn |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 36.90 Mn |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | 10.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.19 Mn |
| Mar 31, 2026 | 10.19 Mn |
| Dec 31, 2025 | -1.60 Mn |
| Dec 31, 2025 | -1.60 Mn |
| Sep 30, 2025 | 2.57 Mn |
| Sep 30, 2025 | 2.57 Mn |
| Jun 30, 2025 | -3.05 Mn |
| Jun 30, 2025 | -3.05 Mn |
| Mar 31, 2025 | 10.44 Mn |
| Mar 31, 2025 | 10.44 Mn |
| Dec 31, 2024 | -8.53 Mn |
| Dec 31, 2024 | -8.53 Mn |
| Sep 30, 2024 | -5.86 Mn |
| Sep 30, 2024 | -5.86 Mn |
| Jun 30, 2024 | -336,000.00 |
| Jun 30, 2024 | -336,000.00 |
| Mar 31, 2024 | 6.73 Mn |
| Mar 31, 2024 | 6.73 Mn |
| Dec 31, 2023 | -5.30 Mn |
| Dec 31, 2023 | -5.30 Mn |