Mayville Engineering Company (MEC) FCF Margin (2018 - 2026)

Mayville Engineering Company (MEC) reported FCF Margin of 3.34% for Q1 2026, down 859.0% on a YoY basis from 0.44% in Q1 2025, and down 135.99% quarter-over-quarter from 9.29% in Q4 2025.

Mayville Engineering Company (MEC) FCF Margin (2018 - 2026) Analysis & Trends

Mayville Engineering Company has reported FCF Margin for 9 years, with the latest figure at 3.34% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 859.0% year-over-year to 3.34%; the trailing twelve-month figure through Mar 2026 stood at 4.46% (down 939.0% YoY), and the FY2025 full-year result was 6.72%, down 664.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 3.34%, down from 9.29% in the prior quarter.
  • The five-year high for FCF Margin was 44.59% in Q4 2022, with the low at 9.84% in Q1 2022.
  • Historically, FCF Margin has averaged 8.61% across 5 years, with a median of 5.25% in 2025.
  • Annual changes were most pronounced in 2022 — FCF Margin soared 5438 bps — and 2023, when it slumped 2034 bps.
  • Mayville Engineering Company's FCF Margin stood at 44.59% in 2022, then sank by 46 bps to 24.25% in 2023, then dropped by 7 bps to 22.45% in 2024, then plunged by 59 bps to 9.29% in 2025, then plunged by 136 bps to 3.34% in 2026.
  • The last three FCF Margin figures came in at 3.34% (Q1 2026), 9.29% (Q4 2025), and 1.44% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn 15.38%
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn 6.34%
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn 5.24%
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn 2.04%
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn 10.74%
6 Gpgi 3.86 Bn 3.85 Bn - -
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn 12.71%
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn 10.04%
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn -12.22%
10 Mayville Engineering Company 727.03 Mn 724.96 Mn 10.96 Mn -3.34%

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.34%
Dec 31, 2025 9.29%
Sep 30, 2025 1.44%
Jun 30, 2025 11.38%
Mar 31, 2025 5.25%
Dec 31, 2024 22.45%
Sep 30, 2024 13.34%
Jun 30, 2024 15.01%
Mar 31, 2024 4.87%
Dec 31, 2023 24.25%
Sep 30, 2023 7.60%
Jun 30, 2023 0.22%
Mar 31, 2023 -5.92%
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%
Jun 30, 2021 2.17%