Mayville Engineering Company (MEC) Current Leases (2018 - 2021)
Mayville Engineering Company (MEC) recorded Current Leases of $315,000 in Q4 2021, down 49.7% from $626,000 a year earlier and down 51.4% from the prior quarter.
Mayville Engineering Company (MEC) Current Leases (2018 - 2021) Analysis & Trends
Starting with Q4 2018, Mayville Engineering Company's Current Leases history includes 13 quarters.
- Annual Current Leases has a three-year compound annual growth rate of 3.9% (FY2018 to FY2021).
- Across earlier years, Current Leases came in at $626,000 in FY2020 (+4.7%), $598,000 in FY2019 (+112.8%) and $281,000 in FY2018.
- The Q4 2021 figure is the lowest quarterly Current Leases since Q2 2019.
- On a year-over-year basis, Current Leases rose in seven of the last eight quarters, with growth averaging 28.1%.
- Peak year-over-year performance for Current Leases in the last five years was growth of 127.5% in Q2 2020, against a decline of 49.7% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $648,000 (Q3 2021), $641,000 (Q2 2021) and $633,000 (Q1 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | - |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | - |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | - |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | - |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | - |
| 10 | Mayville Engineering Company | 428.92 Mn | 421.93 Mn | 17.70 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 315,000.00 |
| Sep 30, 2021 | 648,000.00 |
| Jun 30, 2021 | 641,000.00 |
| Mar 31, 2021 | 633,000.00 |
| Dec 31, 2020 | 626,000.00 |
| Sep 30, 2020 | 619,000.00 |
| Jun 30, 2020 | 612,000.00 |
| Mar 31, 2020 | 605,000.00 |
| Dec 31, 2019 | 598,000.00 |
| Sep 30, 2019 | 573,000.00 |
| Jun 30, 2019 | 269,000.00 |
| Mar 31, 2019 | 275,000.00 |
| Dec 31, 2018 | 281,000.00 |
Mayville Engineering Company Current Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-leases&ticker=MEC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "ticker": "MEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-leases&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();