Mayville Engineering Company (MEC) Current Leases (2018 - 2026)
Mayville Engineering Company (MEC) reported Current Leases of $6.8 million for Q1 2026, up 42.36% on a YoY basis from $4.8 million in Q1 2025, and up 1.68% quarter-over-quarter from $6.7 million in Q4 2025.
Mayville Engineering Company (MEC) Current Leases (2018 - 2026) Analysis & Trends
Mayville Engineering Company has reported Current Leases for 9 years, with the latest figure 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.
- The five-year high for Current Leases was $6.8 million in Q1 2026, with the low at $4.6 million in Q3 2024.
- Historically, Current Leases has averaged $5.2 million across 5 years, with a median of $4.9 million in 2024.
- Annual changes were most pronounced in 2022 — Current Leases soared 1441.9% — and 2024, when it decreased 8.53%.
- Mayville Engineering Company's Current Leases 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | - |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | - |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | 7.91 Mn |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | - |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | - |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | - |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 7.95 Mn |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | 207,000.00 |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 41.50 Mn |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | 6.84 Mn |
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 |