Mayville Engineering Company (MEC) Interest Expenses (2018 - 2026)
Mayville Engineering Company (MEC) reported Interest Expenses of $3.7 million for Q1 2026, up 133.63% on a YoY basis from $1.6 million in Q1 2025, and down 4.16% quarter-over-quarter from $3.8 million in Q4 2025.
Mayville Engineering Company (MEC) Interest Expenses (2018 - 2026) Analysis & Trends
Mayville Engineering Company has reported Interest Expenses for 9 years, with the latest figure 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.
- The five-year high for Interest Expenses was $3.9 million in Q3 2023, with the low at $567000.0 in Q1 2022.
- Historically, Interest Expenses has averaged $2.3 million across 5 years, with a median of $2.0 million in 2024.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 370.72% — and 2025, when it tumbled 53.31%.
- Mayville Engineering Company's Interest Expenses 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 jumped by 89.86% to $3.8 million in 2025, then retreated 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 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 8.70 Mn |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | - |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | - |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | 40.93 Mn |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | - |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | - |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 1.83 Mn |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | - |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 11.70 Mn |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | 3.66 Mn |
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 |