Mayville Engineering Company (MEC) FCF Margin (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly FCF Margin came in at 4.79% in Q1 2026, down 876.0% YoY from 0.62% in Q1 2025, and down 342.51% on a QoQ basis from 1.98% in Q4 2025.
Mayville Engineering Company (MEC) FCF Margin (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has 9 years of FCF Margin data on file, last reported at 4.79% in Q1 2026.
- Quarterly FCF Margin fell 876.0% year-over-year to 4.79% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.63% (down 1070.0% YoY) and the FY2025 annual result came in at 4.92%, down 844.0% from the prior year.
- FCF Margin retreated to 4.79% in Q1 2026, from 1.98% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 44.59% in Q4 2022 to a low of 9.84% in Q1 2022.
- A 5-year average of 7.46% and a median of 4.41% in 2025 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2022 — FCF Margin soared 5438 bps — and 2023, when it plunged 3648 bps.
- Tracing MEC's FCF Margin over 5 years: stood at 44.59% in 2022, then tumbled by 82 bps to 8.11% in 2023, then surged by 262 bps to 29.36% in 2024, then tumbled by 93 bps to 1.98% in 2025, then tumbled by 343 bps to 4.79% in 2026.
- The last three FCF Margin figures came in at 4.79% (Q1 2026), 1.98% (Q4 2025), and 4.41% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn | 5.01% |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn | 18.21% |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn | 13.36% |
| 4 | Commercial Metals | 7.25 Bn | 6.69 Bn | 455.14 Mn | 3.08% |
| 5 | Esab | 4.82 Bn | 4.61 Bn | 307.21 Mn | - |
| 6 | Gpgi | 3.71 Bn | 3.71 Bn | - | - |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn | 14.84% |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn | 6.19% |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn | 0.25% |
| 10 | Mayville Engineering Company | 516.15 Mn | 513.95 Mn | 17.70 Mn | -4.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -4.08% |
| Mar 31, 2026 | -4.79% |
| Dec 31, 2025 | 1.98% |
| Sep 30, 2025 | 4.41% |
| Jun 30, 2025 | 9.47% |
| Mar 31, 2025 | 3.96% |
| Dec 31, 2024 | 29.36% |
| Sep 30, 2024 | 7.15% |
| Jun 30, 2024 | 14.32% |
| Mar 31, 2024 | 5.57% |
| Dec 31, 2023 | 8.11% |
| Sep 30, 2023 | 12.55% |
| Jun 30, 2023 | -0.41% |
| Mar 31, 2023 | -5.31% |
| Dec 31, 2022 | 44.59% |
| Sep 30, 2022 | 3.80% |
| Jun 30, 2022 | 1.98% |
| Mar 31, 2022 | -9.84% |
| Dec 31, 2021 | -9.79% |
| Sep 30, 2021 | -13.79% |