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| 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 |