Mayville Engineering Company (MEC) Interest Coverage Ratio (2018 - 2026)

Mayville Engineering Company has reported Interest Coverage Ratio for 9 years, with the latest figure at 2.1 in Q1 2026.

• For the quarter ending Q1 2026, Interest Coverage Ratio fell 308.67% year-over-year to 2.1; the trailing twelve-month figure through Mar 2026 stood at 0.99 (down 123.72% YoY), and the FY2025 full-year result was 0.29, down 107.12% from the prior year.
• Interest Coverage Ratio for Q1 2026 stood at 2.1, down from 1.22 in the prior quarter.
• The five-year high for Interest Coverage Ratio was 11.45 in Q4 2024, with the low at 3.64 in Q4 2023.
• Historically, Interest Coverage Ratio has averaged 3.13 across 5 years, with a median of 2.17 in 2023.
• Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 553.98% — and 2026, when it plunged 308.67%.
• Mayville Engineering Company's Interest Coverage Ratio stood at 2.3 in 2022, then plunged by 258.36% to 3.64 in 2023, then jumped by 414.27% to 11.45 in 2024, then tumbled by 110.63% to 1.22 in 2025, then plunged by 72.44% to 2.1 in 2026.
• The last three Interest Coverage Ratio figures came in at 2.1 (Q1 2026), 1.22 (Q4 2025), and 0.01 (Q3 2025), per Business Quant data.