Growth Metrics

Mayville Engineering Company (MEC) Free Cash Flow (2018 - 2026)

Mayville Engineering Company posted quarterly Free Cash Flow of -$4.8 million for Q1 2026, down 168.03% year-on-year from $7.1 million in Q1 2025, and down 138.8% on a QoQ basis from $12.5 million in Q4 2025.

Mayville Engineering Company (MEC) has 9 years of Free Cash Flow data on file, last reported at -$4.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 168.03% year-over-year to -$4.8 million; the trailing twelve-month figure through Mar 2026 stood at $24.8 million (down 67.81% YoY), and the FY2025 full-year result was $36.7 million, down 52.73% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$4.8 million, down from $12.5 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $57.3 million in Q4 2022 and bottomed at -$13.4 million in Q1 2022.
  • The 5-year median for Free Cash Flow is $7.8 million (2024), against an average of $11.8 million.
  • The widest annual swing landed in 2022, when Free Cash Flow tumbled 881.98%; it then surged 8004.95% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at $57.3 million in 2022, then plunged by 37.13% to $36.0 million in 2023, then dropped by 24.41% to $27.2 million in 2024, then sank by 54.21% to $12.5 million in 2025, then tumbled by 138.8% to -$4.8 million in 2026.
  • The last three Free Cash Flow figures came in at -$4.8 million (Q1 2026), $12.5 million (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Ati 22.19 Bn 21.90 Bn 262.90 Mn 73.00 Mn
2 Carpenter Technology 21.71 Bn 21.41 Bn 251.80 Mn 124.80 Mn
3 Mueller Industries 14.55 Bn 13.18 Bn 358.44 Mn 62.51 Mn
4 Esab 5.57 Bn 5.43 Bn 257.79 Mn 77.42 Mn
5 Worthington Enterprises 2.71 Bn 2.70 Bn 109.47 Mn 48.14 Mn
6 Proto Labs 1.70 Bn 1.56 Bn 63.59 Mn 14.00 Mn
7 Mayville Engineering Company 520.33 Mn 518.26 Mn 10.96 Mn -4.84 Mn
8 Insteel Industries 517.83 Mn 502.74 Mn 16.49 Mn 671,000.00
9 Tredegar 271.32 Mn 255.71 Mn 28.99 Mn -3.19 Mn
10 Techprecision 38.93 Mn 38.86 Mn 381,000.00 -827,000.00

Historic Data

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DateValue
Mar 31, 2026 -4.84 Mn
Mar 31, 2026 -4.84 Mn
Dec 31, 2025 12.47 Mn
Dec 31, 2025 12.47 Mn
Sep 30, 2025 2.08 Mn
Sep 30, 2025 2.08 Mn
Jun 30, 2025 15.06 Mn
Jun 30, 2025 15.06 Mn
Mar 31, 2025 7.12 Mn
Mar 31, 2025 7.12 Mn
Dec 31, 2024 27.24 Mn
Dec 31, 2024 27.24 Mn
Sep 30, 2024 18.06 Mn
Sep 30, 2024 18.06 Mn
Jun 30, 2024 24.56 Mn
Jun 30, 2024 24.56 Mn
Mar 31, 2024 7.85 Mn
Mar 31, 2024 7.85 Mn
Dec 31, 2023 36.04 Mn
Dec 31, 2023 36.04 Mn
Sep 30, 2023 12.03 Mn
Sep 30, 2023 12.03 Mn
Jun 30, 2023 303,000.00
Jun 30, 2023 303,000.00
Mar 31, 2023 -8.45 Mn
Mar 31, 2023 -8.45 Mn
Dec 31, 2022 57.32 Mn
Dec 31, 2022 57.32 Mn
Sep 30, 2022 5.17 Mn
Sep 30, 2022 5.17 Mn
Jun 30, 2022 2.74 Mn
Jun 30, 2022 2.74 Mn
Mar 31, 2022 -13.40 Mn
Mar 31, 2022 -13.40 Mn
Dec 31, 2021 -11.06 Mn
Dec 31, 2021 -11.06 Mn
Sep 30, 2021 -15.04 Mn
Sep 30, 2021 -15.04 Mn
Jun 30, 2021 2.61 Mn
Jun 30, 2021 2.61 Mn
Mar 31, 2021 -1.37 Mn
Mar 31, 2021 -1.37 Mn
Dec 31, 2020 14.79 Mn
Dec 31, 2020 14.79 Mn
Sep 30, 2020 14.48 Mn
Sep 30, 2020 14.48 Mn
Jun 30, 2020 -798,000.00
Jun 30, 2020 -798,000.00
Mar 31, 2020 257,000.00
Mar 31, 2020 257,000.00
Dec 31, 2019 14.00 Mn
Dec 31, 2019 14.00 Mn
Sep 30, 2019 3.78 Mn
Sep 30, 2019 3.78 Mn
Jun 30, 2019 -527,000.00
Jun 30, 2019 -527,000.00
Mar 31, 2019 -9.65 Mn
Mar 31, 2019 -9.65 Mn
Dec 31, 2018 3.60 Mn
Dec 31, 2018 3.60 Mn
Sep 30, 2018 4.46 Mn
Sep 30, 2018 4.46 Mn
Jun 30, 2018 11.59 Mn
Jun 30, 2018 11.59 Mn
Mar 31, 2018 -815,000.00
Mar 31, 2018 -815,000.00