Mayville Engineering Company (MEC) Interest Expenses (2018 - 2026)
Mayville Engineering Company posted quarterly Interest Expenses of $3.7 million for Q1 2026, up 133.63% year-on-year from $1.6 million in Q1 2025, and down 4.16% on a QoQ basis from $3.8 million in Q4 2025.
Mayville Engineering Company (MEC) has 9 years of Interest Expenses data on file, last reported 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.
- Across five years, Interest Expenses topped out at $3.9 million in Q3 2023 and bottomed at $567000.0 in Q1 2022.
- The 5-year median for Interest Expenses is $2.0 million (2024), against an average of $2.3 million.
- The widest annual swing landed in 2023, when Interest Expenses jumped 370.72%; it then sank 53.31% in 2025.
- A 5-year view of Interest Expenses shows it stood at $1.2 million in 2022, then jumped by 192.44% to $3.6 million in 2023, then plunged by 43.47% to $2.0 million in 2024, then surged by 89.86% to $3.8 million in 2025, then decreased 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 | Ati | 22.19 Bn | 21.90 Bn | 262.90 Mn | - |
| 2 | Carpenter Technology | 21.71 Bn | 21.41 Bn | 251.80 Mn | 8.70 Mn |
| 3 | Mueller Industries | 14.55 Bn | 13.18 Bn | 358.44 Mn | - |
| 4 | Esab | 5.57 Bn | 5.43 Bn | 257.79 Mn | - |
| 5 | Worthington Enterprises | 2.71 Bn | 2.70 Bn | 109.47 Mn | 1.83 Mn |
| 6 | Proto Labs | 1.70 Bn | 1.56 Bn | 63.59 Mn | - |
| 7 | Mayville Engineering Company | 520.33 Mn | 518.26 Mn | 10.96 Mn | 3.66 Mn |
| 8 | Insteel Industries | 517.83 Mn | 502.74 Mn | 16.49 Mn | 23,000.00 |
| 9 | Tredegar | 271.32 Mn | 255.71 Mn | 28.99 Mn | 359,000.00 |
| 10 | Techprecision | 38.93 Mn | 38.86 Mn | 381,000.00 | 121,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 3.91 Mn |
| Sep 30, 2023 | 3.91 Mn |
| Jun 30, 2023 | 1.97 Mn |
| Jun 30, 2023 | 1.97 Mn |
| Mar 31, 2023 | 1.66 Mn |
| Mar 31, 2023 | 1.66 Mn |
| Dec 31, 2022 | 1.22 Mn |
| Dec 31, 2022 | 1.22 Mn |
| Sep 30, 2022 | 830,000.00 |
| Sep 30, 2022 | 830,000.00 |
| Jun 30, 2022 | 765,000.00 |
| Jun 30, 2022 | 765,000.00 |
| Mar 31, 2022 | 567,000.00 |
| Mar 31, 2022 | 567,000.00 |
| Dec 31, 2021 | 441,000.00 |
| Dec 31, 2021 | 441,000.00 |
| Sep 30, 2021 | 526,000.00 |
| Sep 30, 2021 | 526,000.00 |
| Jun 30, 2021 | 504,000.00 |
| Jun 30, 2021 | 504,000.00 |
| Mar 31, 2021 | 532,000.00 |
| Mar 31, 2021 | 532,000.00 |
| Dec 31, 2020 | 558,000.00 |
| Dec 31, 2020 | 558,000.00 |
| Sep 30, 2020 | 647,000.00 |
| Sep 30, 2020 | 647,000.00 |
| Jun 30, 2020 | 637,000.00 |
| Jun 30, 2020 | 637,000.00 |
| Mar 31, 2020 | 826,000.00 |
| Mar 31, 2020 | 826,000.00 |
| Dec 31, 2019 | 918,000.00 |
| Dec 31, 2019 | 918,000.00 |
| Sep 30, 2019 | 987,000.00 |
| Sep 30, 2019 | 987,000.00 |
| Jun 30, 2019 | 1.99 Mn |
| Jun 30, 2019 | 1.99 Mn |
| Mar 31, 2019 | 2.83 Mn |
| Mar 31, 2019 | 2.83 Mn |
| Dec 31, 2018 | 1.27 Mn |
| Dec 31, 2018 | 1.27 Mn |
| Sep 30, 2018 | 846,000.00 |
| Sep 30, 2018 | 846,000.00 |
| Jun 30, 2018 | 853,000.00 |
| Jun 30, 2018 | 853,000.00 |
| Mar 31, 2018 | 906,000.00 |
| Mar 31, 2018 | 906,000.00 |