Mayville Engineering Company (MEC) Net Margin (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Net Margin came in at 5.65% in Q1 2026, down 566.0% YoY from 1.21% in Q1 2025, and down 73.97% on a QoQ basis from 3.25% in Q4 2025.
Mayville Engineering Company (MEC) Net Margin (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has 9 years of Net Margin data on file, last reported at 5.65% in Q1 2026.
- Quarterly Net Margin fell 566.0% year-over-year to 5.65% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.93% (down 791.0% YoY) and the FY2025 annual result came in at 1.48%, down 680.0% from the prior year.
- Net Margin retreated to 5.65% in Q1 2026, from 3.25% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 17.24% in Q4 2024 to a low of 5.65% in Q1 2026.
- A 5-year average of 1.83% and a median of 1.8% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin surged 1517 bps — and 2025, when it slumped 2048 bps.
- Tracing MEC's Net Margin over 5 years: stood at 1.05% in 2022, then surged by 98 bps to 2.07% in 2023, then surged by 733 bps to 17.24% in 2024, then tumbled by 119 bps to 3.25% in 2025, then slumped by 74 bps to 5.65% in 2026.
- The last three Net Margin figures came in at 5.65% (Q1 2026), 3.25% (Q4 2025), and 1.85% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn | 12.24% |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn | 19.08% |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn | 17.04% |
| 4 | Commercial Metals | 7.25 Bn | 6.69 Bn | 455.14 Mn | 6.97% |
| 5 | Esab | 4.82 Bn | 4.61 Bn | 307.21 Mn | 3.83% |
| 6 | Gpgi | 3.71 Bn | 3.71 Bn | - | - |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn | 13.22% |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn | 6.10% |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn | 0.80% |
| 10 | Mayville Engineering Company | 516.15 Mn | 513.95 Mn | 17.70 Mn | -1.29% |
Historic Data
Download 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 | 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 | 1.05% |
| Sep 30, 2022 | 4.84% |
| Jun 30, 2022 | 4.29% |
| Mar 31, 2022 | 2.81% |
| Dec 31, 2021 | -12.01% |
| Sep 30, 2021 | 0.25% |