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

Mayville Engineering Company (MEC) reported Debt Ratio of 0.37 for Q1 2026, up 112.31% on a YoY basis from 0.17 in Q1 2025, and up 2.25% quarter-over-quarter from 0.36 in Q4 2025.

Mayville Engineering Company (MEC) Debt Ratio (2018 - 2026) Analysis & Trends

Mayville Engineering Company has reported Debt Ratio for 9 years, with the latest figure 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.
  • The five-year high for Debt Ratio was 0.37 in Q1 2026, with the low at 0.16 in Q2 2025.
  • Historically, Debt Ratio has averaged 0.25 across 5 years, with a median of 0.24 in 2024.
  • Annual changes were most pronounced in 2024 — Debt Ratio tumbled 39.75% — and 2026, when it jumped 112.31%.
  • Mayville Engineering Company's Debt Ratio stood at 0.16 in 2022, then soared by 81.13% to 0.3 in 2023, then plunged by 39.75% 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn 0.19
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn 0.35
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn -
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn 0.35
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn 0.26
6 Gpgi 3.86 Bn 3.85 Bn - -
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn 0.17
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn -
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn 0.24
10 Mayville Engineering Company 727.03 Mn 724.96 Mn 10.96 Mn 0.37

Historic Data

Download Data
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