Mayville Engineering Company (MEC) Interest Expenses (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Interest Expenses came in at $3.5 million in Q2 2026, up 148.57% on a YoY basis from $1.4 million in Q2 2025, and down 5.08% quarter-over-quarter from $3.7 million in Q1 2026.
Analysis
Mayville Engineering Company (MEC) Interest Expenses (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has reported Interest Expenses for 9 consecutive years, with $3.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses rose 148.57% year-over-year to $3.5 million; the trailing twelve-month figure through Jun 2026 stood at $14.4 million (up 88.55% YoY), and the FY2025 full-year result was $10.2 million, down 7.04% from the prior year.
- Interest Expenses retreated to $3.5 million in Q2 2026 per MEC's latest filing, from $3.7 million in the prior quarter.
- Across five years, Interest Expenses topped out at $3.9 million in Q3 2023 and bottomed at $567000.0 in Q1 2022.
- Historically, Interest Expenses has averaged $2.4 million across 5 years, with a median of $2.3 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses surged 370.72% in 2023, then plunged 53.31% in 2025.
- Over 5 years, Interest Expenses stood at $1.2 million in 2022, then surged by 192.44% to $3.6 million in 2023, then tumbled by 43.47% to $2.0 million in 2024, then soared by 89.86% to $3.8 million in 2025, then slipped by 9.03% to $3.5 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $3.5 million, $3.7 million, and $3.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn | -11.91 Mn |
| 2 | Mueller Industries | 13.87 Bn | 12.46 Bn | 395.35 Mn | 134,000.00 |
| 3 | Arcosa | 7.15 Bn | 6.71 Bn | 155.70 Mn | 23.10 Mn |
| 4 | Azz | 4.14 Bn | 4.14 Bn | 112.17 Mn | 11.26 Mn |
| 5 | Constellium Se | 3.69 Bn | 3.53 Bn | 480.00 Mn | 28.00 Mn |
| 6 | Lci Industries | 2.33 Bn | 2.12 Bn | 301.14 Mn | - |
| 7 | Worthington Steel | 1.72 Bn | 1.63 Bn | 118.80 Mn | 20.70 Mn |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 14.70 Mn |
| 9 | Park Ohio Holdings | 647.04 Mn | 598.74 Mn | 78.90 Mn | 12.30 Mn |
| 10 | Mayville Engineering Company | 449.21 Mn | 447.01 Mn | 17.70 Mn | 3.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.48 Mn |
| Mar 31, 2026 | 3.66 Mn |
| Dec 31, 2025 | 3.82 Mn |
| Sep 30, 2025 | 3.43 Mn |
| Jun 30, 2025 | 1.40 Mn |
| Mar 31, 2025 | 1.57 Mn |
| Dec 31, 2024 | 2.01 Mn |
| Sep 30, 2024 | 2.65 Mn |
| Jun 30, 2024 | 2.97 Mn |
| Mar 31, 2024 | 3.36 Mn |
| Dec 31, 2023 | 3.56 Mn |
| Sep 30, 2023 | 3.91 Mn |
| Jun 30, 2023 | 1.97 Mn |
| Mar 31, 2023 | 1.66 Mn |
| Dec 31, 2022 | 1.22 Mn |
| Sep 30, 2022 | 830,000.00 |
| Jun 30, 2022 | 765,000.00 |
| Mar 31, 2022 | 567,000.00 |
| Dec 31, 2021 | 441,000.00 |
| Sep 30, 2021 | 526,000.00 |