Mayville Engineering Company (MEC) Change in Receivables (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Change in Receivables came in at $10.6 million in Q1 2026, up 29.8% YoY from $8.2 million in Q1 2025, and up 193.01% on a QoQ basis from -$11.4 million in Q4 2025.
Mayville Engineering Company (MEC) Change in Receivables (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has 9 years of Change in Receivables data on file, last reported at $10.6 million in Q1 2026.
- Quarterly Change in Receivables rose 29.8% year-over-year to $10.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$3.6 million (up 71.82% YoY) and the FY2025 annual result came in at -$6.0 million, up 25.42% from the prior year.
- Change in Receivables climbed to $10.6 million in Q1 2026, from -$11.4 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $17.1 million in Q1 2022 to a low of -$14.6 million in Q4 2023.
- A 5-year average of -$519705.9 and a median of -$4.0 million in 2022 frame the typical range for Change in Receivables.
- Annual changes were most pronounced in 2022 — Change in Receivables slumped 939.33% — and 2025, when it jumped 127.32%.
- Tracing MEC's Change in Receivables over 5 years: 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 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn | -18.30 Mn |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn | 21.40 Mn |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn | 92.05 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 | -3.84 Mn |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn | 9.54 Mn |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn | 81.40 Mn |
| 10 | Mayville Engineering Company | 516.15 Mn | 513.95 Mn | 17.70 Mn | 9.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.17 Mn |
| Jun 30, 2026 | 9.17 Mn |
| 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 |