Mayville Engineering Company (MEC) Net Margin (2018 - 2026)
Mayville Engineering Company (MEC) posted Net Margin of -1.29% for Q2 2026, down 0.46 percentage points from -0.83% a year earlier but up 4.36 percentage points from the prior quarter.
Mayville Engineering Company (MEC) Net Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Mayville Engineering Company was -2.95%, down 6.36 percentage points year-over-year; for FY2025, it was -1.48%, down 5.95 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +0.50 percentage points (FY2020 to FY2025).
- In prior years, Mayville Engineering Company's Net Margin was 4.46% in FY2024 (+3.13 pp), 1.33% in FY2023 (-2.14 pp), 3.47% in FY2022 (+5.11 pp) and -1.64% in FY2021 (+0.34 pp).
- Quarterly Net Margin has run from a low of -12.01% in Q4 2021 to a high of 13.17% in Q4 2024 over five years.
- On a year-over-year basis, Net Margin has declined in each of the last six quarters, with an average year-over-year change of -2.34 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2022, with a gain of 13.86 percentage points; the weakest was Q4 2025, with a drop of 16.41 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was -5.65% (Q1 2026), -3.25% (Q4 2025) and -1.85% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 18.95% |
| 10 | Mayville Engineering Company | 428.92 Mn | 421.93 Mn | 17.70 Mn | -1.29% |
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 | 1.50% |
| Sep 30, 2023 | 0.91% |
| Jun 30, 2023 | 1.16% |
| Mar 31, 2023 | 1.80% |
| Dec 31, 2022 | 1.85% |
| 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% |
Mayville Engineering Company Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=MEC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "MEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();