Mayville Engineering Company (MEC) Current Leases (2018 - 2026)
Mayville Engineering Company posted quarterly Current Leases of $6.8 million for Q1 2026, up 42.36% year-on-year 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) has 9 years of Current Leases data on file, last reported at $6.8 million in Q1 2026.
- For the quarter ending Q1 2026, Current Leases rose 42.36% year-over-year to $6.8 million; the trailing twelve-month figure through Mar 2026 stood at $6.8 million (up 42.36% YoY), and the FY2025 full-year result was $6.7 million, up 36.94% from the prior year.
- Current Leases for Q1 2026 stood at $6.8 million, up from $6.7 million in the prior quarter.
- Across five years, Current Leases topped out at $6.8 million in Q1 2026 and bottomed at $4.6 million in Q3 2024.
- The 5-year median for Current Leases is $4.9 million (2024), against an average of $5.2 million.
- The widest annual swing landed in 2022, when Current Leases soared 1441.9%; it then decreased 8.53% in 2024.
- A 5-year view of Current Leases shows it stood at $4.9 million in 2022, then increased by 4.26% to $5.1 million in 2023, then retreated by 2.96% to $4.9 million in 2024, then soared by 36.94% to $6.7 million in 2025, then grew 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 22.19 Bn | 21.90 Bn | 262.90 Mn | - |
| 2 | Carpenter Technology | 21.71 Bn | 21.41 Bn | 251.80 Mn | - |
| 3 | Mueller Industries | 14.55 Bn | 13.18 Bn | 358.44 Mn | 7.91 Mn |
| 4 | Esab | 5.57 Bn | 5.43 Bn | 257.79 Mn | - |
| 5 | Worthington Enterprises | 2.71 Bn | 2.70 Bn | 109.47 Mn | 7.95 Mn |
| 6 | Proto Labs | 1.70 Bn | 1.56 Bn | 63.59 Mn | 207,000.00 |
| 7 | Mayville Engineering Company | 520.33 Mn | 518.26 Mn | 10.96 Mn | 6.84 Mn |
| 8 | Insteel Industries | 517.83 Mn | 502.74 Mn | 16.49 Mn | 1.68 Mn |
| 9 | Tredegar | 271.32 Mn | 255.71 Mn | 28.99 Mn | 2.14 Mn |
| 10 | Techprecision | 38.93 Mn | 38.86 Mn | 381,000.00 | 793,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| 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 |