Mayville Engineering Company (MEC) Non-Current Debt (2018 - 2026)

Mayville Engineering Company (MEC) reported Non-Current Debt of $212.4 million for Q1 2026, up 174.13% on a YoY basis from $77.5 million in Q1 2025, and up 4.87% quarter-over-quarter from $202.5 million in Q4 2025.

Mayville Engineering Company (MEC) Non-Current Debt (2018 - 2026) Analysis & Trends

Mayville Engineering Company has reported Non-Current Debt for 9 years, with the latest figure at $212.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Non-Current Debt rose 174.13% year-over-year to $212.4 million; the trailing twelve-month figure through Mar 2026 stood at $212.4 million (up 174.13% YoY), and the FY2025 full-year result was $202.5 million, up 154.03% from the prior year.
  • Non-Current Debt for Q1 2026 stood at $212.4 million, up from $202.5 million in the prior quarter.
  • The five-year high for Non-Current Debt was $212.4 million in Q1 2026, with the low at $69.3 million in Q2 2025.
  • Historically, Non-Current Debt has averaged $123.8 million across 5 years, with a median of $111.0 million in 2024.
  • Annual changes were most pronounced in 2024 — Non-Current Debt slumped 45.95% — and 2026, when it soared 174.13%.
  • Mayville Engineering Company's Non-Current Debt stood at $72.2 million in 2022, then jumped by 104.18% to $147.5 million in 2023, then tumbled by 45.95% to $79.7 million in 2024, then soared by 154.03% to $202.5 million in 2025, then climbed by 4.87% to $212.4 million in 2026.
  • The last three Non-Current Debt figures came in at $212.4 million (Q1 2026), $202.5 million (Q4 2025), and $211.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn 690.40 Mn
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn 1.79 Bn
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn -
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn 3.31 Bn
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn 1.23 Bn
6 Gpgi 3.86 Bn 3.85 Bn - -
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn 307.26 Mn
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn -
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn 905.10 Mn
10 Mayville Engineering Company 727.03 Mn 724.96 Mn 10.96 Mn 212.39 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 212.39 Mn
Mar 31, 2026 212.39 Mn
Dec 31, 2025 202.53 Mn
Dec 31, 2025 202.53 Mn
Sep 30, 2025 211.86 Mn
Sep 30, 2025 211.86 Mn
Jun 30, 2025 69.28 Mn
Jun 30, 2025 69.28 Mn
Mar 31, 2025 77.48 Mn
Mar 31, 2025 77.48 Mn
Dec 31, 2024 79.73 Mn
Dec 31, 2024 79.73 Mn
Sep 30, 2024 111.05 Mn
Sep 30, 2024 111.05 Mn
Jun 30, 2024 122.06 Mn
Jun 30, 2024 122.06 Mn
Mar 31, 2024 139.82 Mn
Mar 31, 2024 139.82 Mn
Dec 31, 2023 147.49 Mn
Dec 31, 2023 147.49 Mn