Growth Metrics

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

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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
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