Mayville Engineering Company (MEC) Net Margin (2018 - 2026)
Mayville Engineering Company posted quarterly Net Margin of 5.65% for Q1 2026, down 566.0% year-on-year from 1.21% in Q1 2025, and up 27.97% on a QoQ basis from 7.84% in Q4 2025.
Mayville Engineering Company (MEC) has 9 years of Net Margin data on file, last reported at 5.65% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 566.0% year-over-year to 5.65%; the trailing twelve-month figure through Mar 2026 stood at 4.04% (down 902.0% YoY), and the FY2025 full-year result was 2.61%, down 793.0% from the prior year.
- Net Margin for Q1 2026 stood at 5.65%, up from 7.84% in the prior quarter.
- Across five years, Net Margin topped out at 17.24% in Q4 2024 and bottomed at 7.84% in Q4 2025.
- The 5-year median for Net Margin is 2.01% (2024), against an average of 1.76%.
- The widest annual swing landed in 2022, when Net Margin jumped 1926 bps; it then slumped 2507 bps in 2025.
- A 5-year view of Net Margin shows it stood at 4.38% in 2022, then sank by 53 bps to 2.07% in 2023, then soared by 733 bps to 17.24% in 2024, then slumped by 145 bps to 7.84% in 2025, then increased by 28 bps to 5.65% in 2026.
- The last three Net Margin figures came in at 5.65% (Q1 2026), 7.84% (Q4 2025), and 1.85% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 22.19 Bn | 21.90 Bn | 262.90 Mn | 10.46% |
| 2 | Carpenter Technology | 21.71 Bn | 21.41 Bn | 251.80 Mn | 17.20% |
| 3 | Mueller Industries | 14.55 Bn | 13.18 Bn | 358.44 Mn | 18.01% |
| 4 | Esab | 5.57 Bn | 5.43 Bn | 257.79 Mn | -1.75% |
| 5 | Worthington Enterprises | 2.71 Bn | 2.70 Bn | 109.47 Mn | 11.92% |
| 6 | Proto Labs | 1.70 Bn | 1.56 Bn | 63.59 Mn | 5.83% |
| 7 | Mayville Engineering Company | 520.33 Mn | 518.26 Mn | 10.96 Mn | -5.65% |
| 8 | Insteel Industries | 517.83 Mn | 502.74 Mn | 16.49 Mn | 3.02% |
| 9 | Tredegar | 271.32 Mn | 255.71 Mn | 28.99 Mn | 2.74% |
| 10 | Techprecision | 38.93 Mn | 38.86 Mn | 381,000.00 | -20.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.65% |
| Dec 31, 2025 | -7.84% |
| Sep 30, 2025 | -1.85% |
| Jun 30, 2025 | -0.83% |
| Mar 31, 2025 | 0.01% |
| Dec 31, 2024 | 17.24% |
| Sep 30, 2024 | 2.20% |
| Jun 30, 2024 | 2.31% |
| Mar 31, 2024 | 2.01% |
| Dec 31, 2023 | 2.07% |
| Sep 30, 2023 | 0.91% |
| Jun 30, 2023 | 1.16% |
| Mar 31, 2023 | 1.80% |
| Dec 31, 2022 | 4.38% |
| Sep 30, 2022 | 4.84% |
| Jun 30, 2022 | 4.29% |
| Mar 31, 2022 | 2.81% |
| Dec 31, 2021 | -14.88% |
| Sep 30, 2021 | 0.25% |
| Jun 30, 2021 | 2.74% |
| Mar 31, 2021 | 2.26% |
| Dec 31, 2020 | 1.02% |
| Sep 30, 2020 | -1.21% |
| Jun 30, 2020 | -11.21% |
| Mar 31, 2020 | 0.05% |
| Dec 31, 2019 | -1.63% |
| Sep 30, 2019 | 7.58% |
| Jun 30, 2019 | -10.53% |
| Mar 31, 2019 | 1.71% |
| Dec 31, 2018 | 0.65% |
| Sep 30, 2018 | 5.72% |
| Jun 30, 2018 | 8.84% |
| Mar 31, 2018 | 5.08% |