Mayville Engineering Company (MEC) Interest Expenses (2018 - 2026)

Mayville Engineering Company (MEC) reported Interest Expenses of $3.7 million for Q1 2026, up 133.63% on a YoY basis from $1.6 million in Q1 2025, and down 4.16% quarter-over-quarter from $3.8 million in Q4 2025.

Mayville Engineering Company (MEC) Interest Expenses (2018 - 2026) Analysis & Trends

Mayville Engineering Company has reported Interest Expenses for 9 years, with the latest figure at $3.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses rose 133.63% year-over-year to $3.7 million; the trailing twelve-month figure through Mar 2026 stood at $12.3 million (up 33.78% YoY), and the FY2025 full-year result was $10.2 million, down 7.04% from the prior year.
  • Interest Expenses for Q1 2026 stood at $3.7 million, down from $3.8 million in the prior quarter.
  • The five-year high for Interest Expenses was $3.9 million in Q3 2023, with the low at $567000.0 in Q1 2022.
  • Historically, Interest Expenses has averaged $2.3 million across 5 years, with a median of $2.0 million in 2024.
  • Annual changes were most pronounced in 2023 — Interest Expenses jumped 370.72% — and 2025, when it tumbled 53.31%.
  • Mayville Engineering Company's Interest Expenses stood at $1.2 million in 2022, then soared by 192.44% to $3.6 million in 2023, then sank by 43.47% to $2.0 million in 2024, then jumped by 89.86% to $3.8 million in 2025, then retreated by 4.16% to $3.7 million in 2026.
  • The last three Interest Expenses figures came in at $3.7 million (Q1 2026), $3.8 million (Q4 2025), and $3.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn 8.70 Mn
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn -
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn -
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn 40.93 Mn
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn -
6 Gpgi 3.86 Bn 3.85 Bn - -
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn 1.83 Mn
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn -
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn 11.70 Mn
10 Mayville Engineering Company 727.03 Mn 724.96 Mn 10.96 Mn 3.66 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.66 Mn
Mar 31, 2026 3.66 Mn
Dec 31, 2025 3.82 Mn
Dec 31, 2025 3.82 Mn
Sep 30, 2025 3.43 Mn
Sep 30, 2025 3.43 Mn
Jun 30, 2025 1.40 Mn
Jun 30, 2025 1.40 Mn
Mar 31, 2025 1.57 Mn
Mar 31, 2025 1.57 Mn
Dec 31, 2024 2.01 Mn
Dec 31, 2024 2.01 Mn
Sep 30, 2024 2.65 Mn
Sep 30, 2024 2.65 Mn
Jun 30, 2024 2.97 Mn
Jun 30, 2024 2.97 Mn
Mar 31, 2024 3.36 Mn
Mar 31, 2024 3.36 Mn
Dec 31, 2023 3.56 Mn
Dec 31, 2023 3.56 Mn