Mayville Engineering Company MEC
NYSE MEC
$14.39 -0.61 (-4.07%)
As of: Oct 1, 2026 · 10:23 AM EDT

Mayville Engineering Company (MEC) Gross Profit (2018 - 2026)

Updated

Mayville Engineering Company's Gross Profit came in at $17.7 million for Q2 2026, up 29.9% from $13.62 million a year earlier and up 61.5% from the prior quarter.

Analysis

Mayville Engineering Company (MEC) Gross Profit (2018 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Mayville Engineering Company reported Gross Profit of $53.52 million, down 5.8% year-over-year; for FY2025, it was $54.01 million, down 24.0% from FY2024.

  • Gross Profit carries a five-year compound annual growth rate of 11.4% (FY2020 to FY2025).
  • Going back by year, Gross Profit was $71.1 million in FY2024 (+2.0%), $69.7 million in FY2023 (+14.1%), $61.07 million in FY2022 (+18.9%) and $51.38 million in FY2021 (+63.1%).
  • The Q2 2026 figure represents the highest quarterly Gross Profit since Q2 2024.
  • Year-over-year, Gross Profit increased in 1 of the last eight quarters, with an average decline of 17.4%.
  • The fastest year-over-year change in Gross Profit over five years came in Q3 2022 (growth of 41.8%), and the weakest in Q4 2024 (a decline of 40.7%).
  • Business Quant data shows MEC's Gross Profit at $10.96 million (Q1 2026), $8.92 million (Q4 2025) and $15.94 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Caterpillar 372.79 Bn 344.49 Bn 7.76 Bn
2 Amphenol 207.98 Bn 202.68 Bn 3.55 Bn
3 Deere 181.02 Bn 189.78 Bn 4.66 Bn
4 Eaton 166.86 Bn 164.09 Bn 2.86 Bn
5 Parker-Hannifin 120.45 Bn 118.58 Bn 2.25 Bn
6 Vertiv Holdings 92.94 Bn 83.56 Bn 1.23 Bn
7 Emerson Electric 86.56 Bn 79.32 Bn 2.66 Bn
8 3M 84.72 Bn 66.18 Bn 2.68 Bn
9 Illinois Tool Works 73.32 Bn 69.88 Bn 1.90 Bn
10 Mayville Engineering Company 382.50 Mn 375.52 Mn 17.70 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 17.70 Mn
Mar 31, 2026 10.96 Mn
Dec 31, 2025 8.92 Mn
Sep 30, 2025 15.94 Mn
Jun 30, 2025 13.62 Mn
Mar 31, 2025 15.32 Mn
Dec 31, 2024 10.79 Mn
Sep 30, 2024 17.10 Mn
Jun 30, 2024 22.28 Mn
Mar 31, 2024 20.93 Mn
Dec 31, 2023 18.21 Mn
Sep 30, 2023 19.02 Mn
Jun 30, 2023 16.10 Mn
Mar 31, 2023 16.38 Mn
Dec 31, 2022 12.99 Mn
Sep 30, 2022 15.46 Mn
Jun 30, 2022 18.26 Mn
Mar 31, 2022 14.88 Mn
Dec 31, 2021 9.41 Mn
Sep 30, 2021 10.91 Mn
API Access

Mayville Engineering Company Gross Profit 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-profit&ticker=MEC&period=max&api_key=YOUR_API_KEY