Mayville Engineering Company (MEC) Debt Ratio (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Debt Ratio came in at 0.37 in Q1 2026, up 112.31% YoY from 0.17 in Q1 2025, and up 2.25% on a QoQ basis from 0.36 in Q4 2025.
Mayville Engineering Company (MEC) Debt Ratio (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has 9 years of Debt Ratio data on file, last reported at 0.37 in Q1 2026.
- Quarterly Debt Ratio rose 112.31% year-over-year to 0.37 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.37 (up 112.31% YoY) and the FY2025 annual result came in at 0.36, up 100.82% from the prior year.
- Debt Ratio advanced to 0.37 in Q1 2026, from 0.36 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 1.65 in Q3 2023 to a low of 0.16 in Q2 2025.
- A 5-year average of 0.39 and a median of 0.24 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2023 — Debt Ratio surged 929.85% — and 2024, when it plunged 87.58%.
- Tracing MEC's Debt Ratio over 5 years: stood at 0.16 in 2022, then jumped by 778.88% to 1.44 in 2023, then sank by 87.58% to 0.18 in 2024, then soared by 100.82% to 0.36 in 2025, then climbed 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn | 0.38 |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn | 0.18 |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn | 0.00 |
| 4 | Commercial Metals | 7.25 Bn | 6.69 Bn | 455.14 Mn | 0.35 |
| 5 | Esab | 4.82 Bn | 4.61 Bn | 307.21 Mn | 0.37 |
| 6 | Gpgi | 3.71 Bn | 3.71 Bn | - | - |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn | 0.17 |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn | - |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn | 0.00 |
| 10 | Mayville Engineering Company | 516.15 Mn | 513.95 Mn | 17.70 Mn | 0.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.21 |
| 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 | 1.44 |
| Sep 30, 2023 | 1.65 |
| 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 |