Mayville Engineering Company (MEC) Interest Expenses (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Interest Expenses came in at $9.4 million in Q1 2026, up 71.73% YoY from $5.5 million in Q1 2025, and up 182.59% on a QoQ basis from $3.3 million in Q4 2025.
Mayville Engineering Company (MEC) Interest Expenses (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has 9 years of Interest Expenses data on file, last reported at $9.4 million in Q1 2026.
- Quarterly Interest Expenses rose 71.73% year-over-year to $9.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.4 million (up 71.73% YoY) and the FY2025 annual result came in at $52.3 million, up 376.16% from the prior year.
- Interest Expenses grew to $9.4 million in Q1 2026, from $3.3 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $42.5 million in Q2 2022 to a low of $1.2 million in Q4 2022.
- A 5-year average of $9.7 million and a median of $5.5 million in 2025 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses soared 718.03% — and 2023, when it plunged 90.13%.
- Tracing MEC's Interest Expenses over 5 years: 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 surged by 64.76% to $3.3 million in 2025, then surged by 182.59% to $9.4 million in 2026.
- The last three Interest Expenses figures came in at $9.4 million (Q1 2026), $3.3 million (Q4 2025), and $9.9 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn | - |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn | 7.50 Mn |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn | 134,000.00 |
| 4 | Commercial Metals | 7.25 Bn | 6.69 Bn | 455.14 Mn | 40.21 Mn |
| 5 | Esab | 4.82 Bn | 4.61 Bn | 307.21 Mn | 30.62 Mn |
| 6 | Gpgi | 3.71 Bn | 3.71 Bn | - | - |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn | 2.89 Mn |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn | - |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn | 14.30 Mn |
| 10 | Mayville Engineering Company | 516.15 Mn | 513.95 Mn | 17.70 Mn | 3.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.37 Mn |
| Jun 30, 2026 | 9.37 Mn |
| Mar 31, 2026 | 9.37 Mn |
| Mar 31, 2026 | 9.37 Mn |
| Dec 31, 2025 | 3.32 Mn |
| Dec 31, 2025 | 3.32 Mn |
| Sep 30, 2025 | 9.92 Mn |
| Sep 30, 2025 | 9.92 Mn |
| Jun 30, 2025 | 5.46 Mn |
| Jun 30, 2025 | 5.46 Mn |
| Mar 31, 2025 | 5.46 Mn |
| Mar 31, 2025 | 5.46 Mn |
| Dec 31, 2024 | 2.01 Mn |
| Dec 31, 2024 | 2.01 Mn |
| Sep 30, 2024 | 6.88 Mn |
| Sep 30, 2024 | 6.88 Mn |
| Jun 30, 2024 | 6.88 Mn |
| Jun 30, 2024 | 6.88 Mn |
| Mar 31, 2024 | 6.88 Mn |
| Mar 31, 2024 | 6.88 Mn |