Mayville Engineering Company (MEC) Change in Receivables (2018 - 2026)

Mayville Engineering Company (MEC) reported Change in Receivables of $10.6 million for Q1 2026, up 29.8% on a YoY basis from $8.2 million in Q1 2025, and up 193.01% quarter-over-quarter from -$11.4 million in Q4 2025.

Mayville Engineering Company (MEC) Change in Receivables (2018 - 2026) Analysis & Trends

Mayville Engineering Company has reported Change in Receivables for 9 years, with the latest figure at $10.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Receivables rose 29.8% year-over-year to $10.6 million; the trailing twelve-month figure through Mar 2026 stood at -$3.6 million (up 71.82% YoY), and the FY2025 full-year result was -$6.0 million, up 25.42% from the prior year.
  • Change in Receivables for Q1 2026 stood at $10.6 million, up from -$11.4 million in the prior quarter.
  • The five-year high for Change in Receivables was $17.1 million in Q1 2022, with the low at -$14.6 million in Q4 2023.
  • Historically, Change in Receivables has averaged -$519705.9 across 5 years, with a median of -$4.0 million in 2022.
  • Annual changes were most pronounced in 2022 — Change in Receivables slumped 939.33% — and 2025, when it jumped 127.32%.
  • Mayville Engineering Company's Change in Receivables stood at -$9.5 million in 2022, then plunged by 54.39% to -$14.6 million in 2023, then surged by 67.52% to -$4.7 million in 2024, then plunged by 140.16% to -$11.4 million in 2025, then jumped by 193.01% to $10.6 million in 2026.
  • The last three Change in Receivables figures came in at $10.6 million (Q1 2026), -$11.4 million (Q4 2025), and $3.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn 80.90 Mn
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn -21.50 Mn
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn 200.19 Mn
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn -
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn -10.37 Mn
6 Gpgi 3.86 Bn 3.85 Bn - -
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn 16.97 Mn
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn 6.86 Mn
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn 188.20 Mn
10 Mayville Engineering Company 727.03 Mn 724.96 Mn 10.96 Mn 10.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 10.60 Mn
Mar 31, 2026 10.60 Mn
Dec 31, 2025 -11.40 Mn
Dec 31, 2025 -11.40 Mn
Sep 30, 2025 3.76 Mn
Sep 30, 2025 3.76 Mn
Jun 30, 2025 -6.57 Mn
Jun 30, 2025 -6.57 Mn
Mar 31, 2025 8.17 Mn
Mar 31, 2025 8.17 Mn
Dec 31, 2024 -4.75 Mn
Dec 31, 2024 -4.75 Mn
Sep 30, 2024 -13.78 Mn
Sep 30, 2024 -13.78 Mn
Jun 30, 2024 -2.45 Mn
Jun 30, 2024 -2.45 Mn
Mar 31, 2024 12.87 Mn
Mar 31, 2024 12.87 Mn
Dec 31, 2023 -14.61 Mn
Dec 31, 2023 -14.61 Mn