Mayville Engineering Company (MEC) Interest Expenses (2018 - 2026)
Mayville Engineering Company (MEC) reported Interest Expenses of $3.48 million for Q2 2026, up 148.6% from $1.4 million a year earlier but down 5.1% from the prior quarter.
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Analysis
Mayville Engineering Company (MEC) Interest Expenses (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mayville Engineering Company's Interest Expenses came in at $14.39 million, up 88.5% year-over-year; for FY2025, it came in at $10.22 million, down 7.0% from FY2024.
- Interest Expenses has a five-year compound annual growth rate of 30.8% (FY2020 to FY2025).
- By year, Interest Expenses came in at $10.99 million in FY2024 (-0.9%), $11.09 million in FY2023 (+228.2%), $3.38 million in FY2022 (+68.7%) and $2 million in FY2021 (-24.9%).
- Five-year quarterly Interest Expenses spans a low of $441,000 in Q4 2021 and a high of $3.91 million in Q3 2023.
- Year over year, Interest Expenses has now increased in each of the last four quarters, with growth averaging 27.4% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q3 2023 (growth of 370.7%); the low point was Q1 2025 (a decline of 53.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.66 million (Q1 2026), $3.82 million (Q4 2025) and $3.43 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 497.00 Mn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 213.70 Mn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 661.00 Mn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 95.00 Mn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 17.40 Mn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | - |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 79.00 Mn |
| 10 | Mayville Engineering Company | 416.93 Mn | 409.94 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 |
API Access
Mayville Engineering Company Interest Expenses 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-expenses&ticker=MEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();