Mayville Engineering Company (MEC) Debt to Equity (2018 - 2026)

Mayville Engineering Company (MEC) reported Debt to Equity of $0.91 for Q1 2026, up 195.11% on a YoY basis from $0.31 in Q1 2025, and up 8.73% quarter-over-quarter from $0.84 in Q4 2025.

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

Mayville Engineering Company has reported Debt to Equity for 9 years, with the latest figure at $0.91 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 195.11% year-over-year to $0.91; the trailing twelve-month figure through Mar 2026 stood at $0.91 (up 195.11% YoY), and the FY2025 full-year result was $0.84, up 165.65% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.91, up from $0.84 in the prior quarter.
  • The five-year high for Debt to Equity was $0.91 in Q1 2026, with the low at $0.28 in Q2 2025.
  • Historically, Debt to Equity has averaged $0.53 across 5 years, with a median of $0.47 in 2024.
  • Annual changes were most pronounced in 2024 — Debt to Equity tumbled 50.62% — and 2026, when it surged 195.11%.
  • Mayville Engineering Company's Debt to Equity stood at $0.33 in 2022, then jumped by 93.43% to $0.64 in 2023, then plunged by 50.62% to $0.32 in 2024, then soared by 165.65% to $0.84 in 2025, then increased by 8.73% to $0.91 in 2026.
  • The last three Debt to Equity figures came in at $0.91 (Q1 2026), $0.84 (Q4 2025), and $0.87 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn 0.33
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn 1.03
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn -
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn 0.76
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn 0.57
6 Gpgi 3.86 Bn 3.85 Bn - -
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn 0.31
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn -
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn 0.70
10 Mayville Engineering Company 727.03 Mn 724.96 Mn 10.96 Mn 0.91

Historic Data

Download Data
DateValue
Mar 31, 2026 0.91
Dec 31, 2025 0.84
Sep 30, 2025 0.87
Jun 30, 2025 0.28
Mar 31, 2025 0.31
Dec 31, 2024 0.32
Sep 30, 2024 0.47
Jun 30, 2024 0.51
Mar 31, 2024 0.60
Dec 31, 2023 0.64
Sep 30, 2023 0.74
Jun 30, 2023 0.79
Mar 31, 2023 0.37
Dec 31, 2022 0.33
Sep 30, 2022 0.33
Jun 30, 2022 0.36
Mar 31, 2022 0.41
Dec 31, 2021 0.34
Sep 30, 2021 0.26
Jun 30, 2021 0.21