Mayville Engineering Company (MEC) Current Leases (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Current Leases came in at $6.8 million in Q1 2026, up 42.36% YoY from $4.8 million in Q1 2025, and up 1.68% on a QoQ basis from $6.7 million in Q4 2025.
Mayville Engineering Company (MEC) Current Leases (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has 9 years of Current Leases data on file, last reported at $6.8 million in Q1 2026.
- Quarterly Current Leases rose 42.36% year-over-year to $6.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.8 million (up 42.36% YoY) and the FY2025 annual result came in at $6.7 million, up 36.94% from the prior year.
- Current Leases improved to $6.8 million in Q1 2026, from $6.7 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $6.8 million in Q1 2026 to a low of $4.6 million in Q3 2024.
- A 5-year average of $5.2 million and a median of $4.9 million in 2024 frame the typical range for Current Leases.
- Annual changes were most pronounced in 2022 — Current Leases soared 1441.9% — and 2024, when it decreased 8.53%.
- Tracing MEC's Current Leases over 5 years: stood at $4.9 million in 2022, then grew by 4.26% to $5.1 million in 2023, then fell by 2.96% to $4.9 million in 2024, then surged by 36.94% to $6.7 million in 2025, then climbed by 1.68% to $6.8 million in 2026.
- The last three Current Leases figures came in at $6.8 million (Q1 2026), $6.7 million (Q4 2025), and $6.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (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 | 7.59 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 | 7.98 Mn |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn | 929,000.00 |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn | 41.70 Mn |
| 10 | Mayville Engineering Company | 516.15 Mn | 513.95 Mn | 17.70 Mn | 6.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.92 Mn |
| Mar 31, 2026 | 6.84 Mn |
| Dec 31, 2025 | 6.73 Mn |
| Sep 30, 2025 | 6.64 Mn |
| Jun 30, 2025 | 5.26 Mn |
| Mar 31, 2025 | 4.81 Mn |
| Dec 31, 2024 | 4.91 Mn |
| Sep 30, 2024 | 4.65 Mn |
| Jun 30, 2024 | 4.86 Mn |
| Mar 31, 2024 | 5.01 Mn |
| Dec 31, 2023 | 5.06 Mn |
| Sep 30, 2023 | 5.08 Mn |
| Jun 30, 2023 | 5.02 Mn |
| Mar 31, 2023 | 4.89 Mn |
| Dec 31, 2022 | 4.86 Mn |
| Sep 30, 2022 | 4.81 Mn |
| Jun 30, 2022 | 4.80 Mn |
| Mar 31, 2022 | 4.75 Mn |
| Dec 31, 2021 | 315,000.00 |
| Sep 30, 2021 | 648,000.00 |