Growth Metrics

Mayville Engineering Company (MEC) Debt Ratio (2018 - 2026)

Mayville Engineering Company posted quarterly Debt Ratio of 0.37 for Q1 2026, up 112.31% year-on-year from 0.17 in Q1 2025, and up 2.25% on a QoQ basis from 0.36 in Q4 2025.

Mayville Engineering Company (MEC) has 9 years of Debt Ratio data on file, last reported at 0.37 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 112.31% year-over-year to 0.37; the trailing twelve-month figure through Mar 2026 stood at 0.37 (up 112.31% YoY), and the FY2025 full-year result was 0.36, up 100.82% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.37, up from 0.36 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.37 in Q1 2026 and bottomed at 0.16 in Q2 2025.
  • The 5-year median for Debt Ratio is 0.24 (2024), against an average of 0.25.
  • The widest annual swing landed in 2024, when Debt Ratio sank 39.75%; it then jumped 112.31% in 2026.
  • A 5-year view of Debt Ratio shows it stood at 0.16 in 2022, then jumped by 81.13% to 0.3 in 2023, then tumbled by 39.75% to 0.18 in 2024, then jumped by 100.82% to 0.36 in 2025, then grew by 2.25% to 0.37 in 2026.
  • The last three Debt Ratio figures came in at 0.37 (Q1 2026), 0.36 (Q4 2025), and 0.36 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Ati 22.19 Bn 21.90 Bn 262.90 Mn 0.35
2 Carpenter Technology 21.71 Bn 21.41 Bn 251.80 Mn 0.19
3 Mueller Industries 14.55 Bn 13.18 Bn 358.44 Mn -
4 Esab 5.57 Bn 5.43 Bn 257.79 Mn 0.26
5 Worthington Enterprises 2.71 Bn 2.70 Bn 109.47 Mn 0.17
6 Proto Labs 1.70 Bn 1.56 Bn 63.59 Mn -
7 Mayville Engineering Company 520.33 Mn 518.26 Mn 10.96 Mn 0.37
8 Insteel Industries 517.83 Mn 502.74 Mn 16.49 Mn -
9 Tredegar 271.32 Mn 255.71 Mn 28.99 Mn 0.11
10 Techprecision 38.93 Mn 38.86 Mn 381,000.00 0.20

Historic Data

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DateValue
Mar 31, 2026 0.37
Dec 31, 2025 0.36
Sep 30, 2025 0.36
Jun 30, 2025 0.16
Mar 31, 2025 0.17
Dec 31, 2024 0.18
Sep 30, 2024 0.24
Jun 30, 2024 0.25
Mar 31, 2024 0.28
Dec 31, 2023 0.30
Sep 30, 2023 0.32
Jun 30, 2023 0.34
Mar 31, 2023 0.18
Dec 31, 2022 0.16
Sep 30, 2022 0.16
Jun 30, 2022 0.17
Mar 31, 2022 0.19
Dec 31, 2021 0.18
Sep 30, 2021 0.14
Jun 30, 2021 0.12
Mar 31, 2021 0.13
Dec 31, 2020 0.13
Sep 30, 2020 0.17
Jun 30, 2020 0.22
Mar 31, 2020 0.23
Dec 31, 2019 0.20
Sep 30, 2019 0.00
Jun 30, 2019 0.12
Mar 31, 2019 0.30
Dec 31, 2018 0.31