Mayville Engineering Company (MEC) Debt Ratio (2018 - 2026)
Mayville Engineering Company's Debt Ratio came in at 0.21 for Q2 2026, up 33.7% from 0.16 a year earlier but down 41.9% from the prior quarter.
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Analysis
Mayville Engineering Company (MEC) Debt Ratio (2018 - 2026) Analysis & Trends
For FY2025, Mayville Engineering Company's Debt Ratio was 0.36, up 100.8% from FY2024.
- Going back by year, Debt Ratio was 0.18 in FY2024 (-39.7%), 0.30 in FY2023 (+81.1%), 0.16 in FY2022 (-8.0%) and 0.18 in FY2021 (+33.3%).
- The five-year range for quarterly Debt Ratio is 0.14 (Q3 2021) to 0.37 (Q1 2026).
- Year-over-year, Debt Ratio has increased for four consecutive quarters, with growth averaging 19.9% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q1 2026 (growth of 112.3%), and the weakest in Q4 2024 (a decline of 39.7%).
- Business Quant data shows MEC's Debt Ratio at 0.37 (Q1 2026), 0.36 (Q4 2025) and 0.36 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 0.44 |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 0.42 |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 0.22 |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 0.37 |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 0.28 |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 0.18 |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 0.31 |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 0.36 |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 0.59 |
| 10 | Mayville Engineering Company | 428.92 Mn | 421.93 Mn | 17.70 Mn | 0.21 |
Historic Data
Download Data
Historic 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 | 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 |
API Access
Mayville Engineering Company Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=MEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "MEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();