Mayville Engineering Company (MEC) Income Taxes Paid (2019 - 2026)
Mayville Engineering Company (MEC) posted Income Taxes Paid of $174,000 for Q2 2026, down 89.9% from $1.72 million a year earlier and down 33.6% from the prior quarter.
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Analysis
Mayville Engineering Company (MEC) Income Taxes Paid (2019 - 2026) Analysis & Trends
For FY2025, Mayville Engineering Company's Income Taxes Paid came in at $2.33 million, up 70.0% from FY2024.
- Annual Income Taxes Paid shows a five-year compound annual growth rate of 25.6% (FY2020 to FY2025).
- In prior years, Mayville Engineering Company's Income Taxes Paid was $1.37 million in FY2024 (+167.1%), $513,000 in FY2023 (-27.1%), $704,000 in FY2022 (-54.5%) and $1.55 million in FY2021 (+108.1%).
- Quarterly Income Taxes Paid has run from a low of $2,000 in Q1 2024 to a high of $1.72 million in Q2 2025 over five years.
- On a year-over-year basis, Income Taxes Paid increased in two of the last five quarters, with an average decline of 8.9%.
- The strongest year-over-year quarter for Income Taxes Paid in the past five years was Q2 2025, with growth of 116.0%; the weakest was Q3 2025, with a decline of 93.2%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes Paid (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 273.32 Bn | 244.63 Bn | 7.35 Bn | - |
| 2 | Amphenol | 196.72 Bn | 191.41 Bn | 4.02 Bn | 645.00 Mn |
| 3 | Deere | 186.25 Bn | 154.34 Bn | 4.66 Bn | - |
| 4 | Eaton | 140.70 Bn | 137.63 Bn | 3.11 Bn | - |
| 5 | Parker-Hannifin | 120.71 Bn | 118.60 Bn | 2.26 Bn | - |
| 6 | 3M | 97.63 Bn | 79.07 Bn | 2.78 Bn | - |
| 7 | Emerson Electric | 95.61 Bn | 88.35 Bn | 2.66 Bn | - |
| 8 | Illinois Tool Works | 81.97 Bn | 78.65 Bn | 1.91 Bn | 266.00 Mn |
| 9 | Vertiv Holdings | 77.69 Bn | 66.54 Bn | 1.64 Bn | - |
| 10 | Mayville Engineering Company | 376.43 Mn | 369.15 Mn | 18.76 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 174,000.00 |
| Mar 31, 2026 | 262,000.00 |
| Sep 30, 2025 | 28,000.00 |
| Jun 30, 2025 | 1.72 Mn |
| Mar 31, 2025 | 586,000.00 |
| Dec 31, 2024 | 165,000.00 |
| Sep 30, 2024 | 409,000.00 |
| Jun 30, 2024 | 794,000.00 |
| Mar 31, 2024 | 2,000.00 |
| Dec 31, 2023 | 5,000.00 |
| Sep 30, 2023 | 230,000.00 |
| Dec 31, 2022 | 64,000.00 |
| Sep 30, 2022 | 190,000.00 |
| Dec 31, 2021 | 480,000.00 |
| Sep 30, 2021 | 352,000.00 |
| Dec 31, 2020 | 393,000.00 |
| Sep 30, 2020 | 336,000.00 |
| Mar 31, 2020 | 15,000.00 |
| Dec 31, 2019 | 6,000.00 |
| Sep 30, 2019 | 164,000.00 |
API Access
Mayville Engineering Company Income Taxes Paid 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=income-taxes-paid&ticker=MEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-taxes-paid", "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=income-taxes-paid&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();