Mayville Engineering Company (MEC) Operating Leases (2022 - 2026)
Mayville Engineering Company (MEC) posted Operating Leases of $22.11 million for Q2 2026, down 12.5% from $25.27 million a year earlier and down 7.1% from the prior quarter.
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Analysis
Mayville Engineering Company (MEC) Operating Leases (2022 - 2026) Analysis & Trends
At the end of FY2025, Mayville Engineering Company's Operating Leases came in at $25.57 million, up 0.6% from FY2024.
- Annual Operating Leases shows a three-year compound annual growth rate of -7.1% (FY2022 to FY2025).
- In prior years, Mayville Engineering Company's Operating Leases was $25.41 million in FY2024 (-11.2%), $28.61 million in FY2023 (-10.3%) and $31.89 million in FY2022.
- The Q2 2026 figure stands as the lowest quarterly Operating Leases in data going back to Q1 2022.
- On a year-over-year basis, Operating Leases increased in two of the last eight quarters, with an average decline of 5.8%.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q3 2025, with growth of 6.2%; the weakest was Q3 2023, with a decline of 13.7%.
- According to Business Quant data, Operating Leases for the three prior quarters was $23.79 million (Q1 2026), $25.57 million (Q4 2025) and $27.16 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn |
| 10 | Mayville Engineering Company | 428.92 Mn | 421.93 Mn | 17.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.11 Mn |
| Mar 31, 2026 | 23.79 Mn |
| Dec 31, 2025 | 25.57 Mn |
| Sep 30, 2025 | 27.16 Mn |
| Jun 30, 2025 | 25.27 Mn |
| Mar 31, 2025 | 24.22 Mn |
| Dec 31, 2024 | 25.41 Mn |
| Sep 30, 2024 | 25.57 Mn |
| Jun 30, 2024 | 26.62 Mn |
| Mar 31, 2024 | 27.53 Mn |
| Dec 31, 2023 | 28.61 Mn |
| Sep 30, 2023 | 28.55 Mn |
| Jun 30, 2023 | 29.75 Mn |
| Mar 31, 2023 | 30.65 Mn |
| Dec 31, 2022 | 31.89 Mn |
| Sep 30, 2022 | 33.10 Mn |
| Jun 30, 2022 | 33.53 Mn |
| Mar 31, 2022 | 34.70 Mn |
API Access
Mayville Engineering Company Operating Leases 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=operating-leases&ticker=MEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();