Mayville Engineering Company (MEC) Interest Coverage Ratio (2018 - 2026)
Mayville Engineering Company's Interest Coverage Ratio came in at 0.11 for Q2 2026, up 105.4% from 0.05 a year earlier.
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Analysis
Mayville Engineering Company (MEC) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mayville Engineering Company reported Interest Coverage Ratio of -0.89; for FY2025, it came in at -0.38.
- Going back by year, Interest Coverage Ratio was 4.05 in FY2024 (+122.7%), 1.82 in FY2023 (-76.1%), 7.63 in FY2022 and -3.69 in FY2021.
- The Q2 2026 figure represents the highest quarterly Interest Coverage Ratio since Q1 2025.
- Year-over-year, Interest Coverage Ratio increased in three of the last six quarters, with growth averaging 92.8%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q4 2024 (growth of 661.4%), and the weakest in Q3 2025 (a decline of 99.4%).
- Business Quant data shows MEC's Interest Coverage Ratio at -2.10 (Q1 2026), -1.45 (Q4 2025) and 0.01 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | - |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 14.52 |
| 10 | Mayville Engineering Company | 428.92 Mn | 421.93 Mn | 17.70 Mn | 0.11 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.11 |
| Mar 31, 2026 | -2.10 |
| Dec 31, 2025 | -1.45 |
| Sep 30, 2025 | 0.01 |
| Jun 30, 2025 | 0.05 |
| Mar 31, 2025 | 1.01 |
| Dec 31, 2024 | 11.45 |
| Sep 30, 2024 | 2.16 |
| Jun 30, 2024 | 2.75 |
| Mar 31, 2024 | 2.27 |
| Dec 31, 2023 | 1.50 |
| Sep 30, 2023 | 1.51 |
| Jun 30, 2023 | 2.17 |
| Mar 31, 2023 | 2.82 |
| Dec 31, 2022 | 2.30 |
| Sep 30, 2022 | 10.74 |
| Jun 30, 2022 | 11.10 |
| Mar 31, 2022 | 9.81 |
| Dec 31, 2021 | -38.83 |
| Sep 30, 2021 | 1.64 |
API Access
Mayville Engineering Company Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();