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| Date | Value |
|---|---|
| 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 |