Mayville Engineering Company (MEC) Non-Current Debt (2018 - 2026)
Mayville Engineering Company (MEC) posted Non-Current Debt of $125.72 million for Q2 2026, up 81.5% from $69.28 million a year earlier but down 40.8% from the prior quarter.
Mayville Engineering Company (MEC) Non-Current Debt (2018 - 2026) Analysis & Trends
At the end of FY2025, Mayville Engineering Company's Non-Current Debt came in at $202.53 million, up 154.0% from FY2024.
- Annual Non-Current Debt shows a five-year compound annual growth rate of 34.9% (FY2020 to FY2025).
- In prior years, Mayville Engineering Company's Non-Current Debt was $79.73 million in FY2024 (-45.9%), $147.49 million in FY2023 (+104.2%), $72.24 million in FY2022 (+6.8%) and $67.61 million in FY2021 (+49.4%).
- Quarterly Non-Current Debt has run from a low of $54.72 million in Q3 2021 to a high of $212.39 million in Q1 2026 over five years.
- On a year-over-year basis, Non-Current Debt has increased in each of the last four quarters, with growth averaging 41.6% over the last eight quarters.
- The strongest year-over-year quarter for Non-Current Debt in the past five years was Q1 2026, with growth of 174.1%; the weakest was Q4 2024, with a decline of 45.9%.
- According to Business Quant data, Non-Current Debt for the three prior quarters was $212.39 million (Q1 2026), $202.53 million (Q4 2025) and $211.86 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 32.04 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 17.18 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 6.10 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 18.51 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 6.77 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 2.94 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 7.53 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 10.90 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 6.55 Bn |
| 10 | Mayville Engineering Company | 428.92 Mn | 421.93 Mn | 17.70 Mn | 125.72 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 125.72 Mn |
| Mar 31, 2026 | 212.39 Mn |
| Dec 31, 2025 | 202.53 Mn |
| Sep 30, 2025 | 211.86 Mn |
| Jun 30, 2025 | 69.28 Mn |
| Mar 31, 2025 | 77.48 Mn |
| Dec 31, 2024 | 79.73 Mn |
| Sep 30, 2024 | 111.05 Mn |
| Jun 30, 2024 | 122.06 Mn |
| Mar 31, 2024 | 139.82 Mn |
| Dec 31, 2023 | 147.49 Mn |
| Sep 30, 2023 | 168.41 Mn |
| Jun 30, 2023 | 177.94 Mn |
| Mar 31, 2023 | 81.58 Mn |
| Dec 31, 2022 | 72.24 Mn |
| Sep 30, 2022 | 71.37 Mn |
| Jun 30, 2022 | 76.06 Mn |
| Mar 31, 2022 | 83.33 Mn |
| Dec 31, 2021 | 67.61 Mn |
| Sep 30, 2021 | 54.72 Mn |
Mayville Engineering Company Non-Current Debt 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=non-current-debt&ticker=MEC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();