Mayville Engineering Company (MEC) Gross Margin (2018 - 2026)
Mayville Engineering Company's Gross Margin was 10.86% in Q2 2026, up 0.56 percentage points from 10.30% a year earlier and up 3.29 percentage points from the prior quarter.
Powered by 
Analysis
Mayville Engineering Company (MEC) Gross Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mayville Engineering Company's Gross Margin was 9.13% through Jun 30, 2026, down 1.71 percentage points year-over-year; for FY2025, it was 9.88%, down 2.34 percentage points from FY2024.
- Gross Margin shows a five-year change of +1.07 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 12.22% in FY2024 (+0.38 pp), 11.85% in FY2023 (+0.52 pp), 11.32% in FY2022 (+0.03 pp) and 11.30% in FY2021 (+2.49 pp).
- Quarterly Gross Margin has moved between 6.64% (Q4 2025) and 13.61% (Q2 2024) over five years.
- Compared with a year earlier, Gross Margin was higher in two of the last eight quarters, with an average year-over-year change of -1.84 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2023 (a gain of 2.15 percentage points); the worst was Q1 2026 (a drop of 3.73 percentage points).
- Per Business Quant data, MEC's Gross Margin in the three quarters before Q2 2026 was 7.57% (Q1 2026), 6.64% (Q4 2025) and 11.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 44.13% |
| 10 | Mayville Engineering Company | 428.92 Mn | 421.93 Mn | 17.70 Mn | 10.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.86% |
| Mar 31, 2026 | 7.57% |
| Dec 31, 2025 | 6.64% |
| Sep 30, 2025 | 11.04% |
| Jun 30, 2025 | 10.30% |
| Mar 31, 2025 | 11.30% |
| Dec 31, 2024 | 8.90% |
| Sep 30, 2024 | 12.63% |
| Jun 30, 2024 | 13.61% |
| Mar 31, 2024 | 12.98% |
| Dec 31, 2023 | 12.26% |
| Sep 30, 2023 | 12.02% |
| Jun 30, 2023 | 11.58% |
| Mar 31, 2023 | 11.48% |
| Dec 31, 2022 | 10.10% |
| Sep 30, 2022 | 11.35% |
| Jun 30, 2022 | 13.20% |
| Mar 31, 2022 | 10.92% |
| Dec 31, 2021 | 8.33% |
| Sep 30, 2021 | 10.01% |
API Access
Mayville Engineering Company Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();