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
Download Data| Date | Value |
|---|---|
| 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 |