Mayville Engineering Company (MEC) Net Margin (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Net Margin came in at 1.29% in Q2 2026, down 46.0% on a YoY basis from 2.38% in Q2 2025, and up 77.23% quarter-over-quarter from 5.65% in Q1 2026.
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Mayville Engineering Company (MEC) Net Margin (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has reported Net Margin for 9 consecutive years, with 1.29% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 46.0% year-over-year to 1.29%; the trailing twelve-month figure through Jun 2026 stood at 2.95% (down 636.0% YoY), and the FY2025 full-year result was 1.48%, down 595.0% from the prior year.
- Net Margin grew to 1.29% in Q2 2026 per MEC's latest filing, from 5.65% in the prior quarter.
- Across five years, Net Margin topped out at 13.17% in Q4 2024 and bottomed at 5.65% in Q1 2026.
- Historically, Net Margin has averaged 1.37% across 5 years, with a median of 1.1% in 2023.
- The sharpest annual moves came in 2022 and 2025: Net Margin surged 1303 bps in 2022, then plunged 1641 bps in 2025.
- Over 5 years, Net Margin stood at 1.05% in 2022, then decreased by 10 bps to 0.94% in 2023, then jumped by 1296 bps to 13.17% in 2024, then tumbled by 125 bps to 3.25% in 2025, then surged by 60 bps to 1.29% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 1.29%, 5.65%, and 3.25% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn | 16.08% |
| 2 | Mueller Industries | 13.87 Bn | 12.46 Bn | 395.35 Mn | 17.04% |
| 3 | Arcosa | 7.15 Bn | 6.71 Bn | 155.70 Mn | 49.87% |
| 4 | Azz | 4.14 Bn | 4.14 Bn | 112.17 Mn | 11.59% |
| 5 | Constellium Se | 3.69 Bn | 3.53 Bn | 480.00 Mn | 5.39% |
| 6 | Lci Industries | 2.33 Bn | 2.12 Bn | 301.14 Mn | 6.93% |
| 7 | Worthington Steel | 1.72 Bn | 1.63 Bn | 118.80 Mn | -5.81% |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 5.88% |
| 9 | Park Ohio Holdings | 647.04 Mn | 598.74 Mn | 78.90 Mn | 2.70% |
| 10 | Mayville Engineering Company | 449.21 Mn | 447.01 Mn | 17.70 Mn | -1.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.29% |
| Mar 31, 2026 | -5.65% |
| Dec 31, 2025 | -3.25% |
| Sep 30, 2025 | -1.85% |
| Jun 30, 2025 | -0.83% |
| Mar 31, 2025 | 0.01% |
| Dec 31, 2024 | 13.17% |
| Sep 30, 2024 | 2.20% |
| Jun 30, 2024 | 2.31% |
| Mar 31, 2024 | 2.01% |
| Dec 31, 2023 | 0.94% |
| Sep 30, 2023 | 0.91% |
| Jun 30, 2023 | 1.16% |
| Mar 31, 2023 | 1.80% |
| Dec 31, 2022 | 1.05% |
| Sep 30, 2022 | 4.84% |
| Jun 30, 2022 | 4.29% |
| Mar 31, 2022 | 2.81% |
| Dec 31, 2021 | -11.98% |
| Sep 30, 2021 | 0.25% |