Mayville Engineering Company (MEC) Operating Leases (2022 - 2026)

Mayville Engineering Company (MEC) has 5 years of Operating Leases data on file, last reported at $23.8 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 1.79% year-over-year to $23.8 million; the trailing twelve-month figure through Mar 2026 stood at $23.8 million (down 1.79% YoY), and the FY2025 full-year result was $25.6 million, up 0.63% from the prior year.
• Operating Leases for Q1 2026 stood at $23.8 million, down from $25.6 million in the prior quarter.
• Across five years, Operating Leases topped out at $34.7 million in Q1 2022 and bottomed at $23.8 million in Q1 2026.
• The 5-year median for Operating Leases is $27.5 million (2024), against an average of $28.3 million.
• The widest annual swing landed in 2023, when Operating Leases retreated 13.75%; it then gained 6.21% in 2025.
• A 5-year view of Operating Leases shows it stood at $31.9 million in 2022, then declined by 10.3% to $28.6 million in 2023, then fell by 11.17% to $25.4 million in 2024, then climbed by 0.63% to $25.6 million in 2025, then slipped by 6.99% to $23.8 million in 2026.
• The last three Operating Leases figures came in at $23.8 million (Q1 2026), $25.6 million (Q4 2025), and $27.2 million (Q3 2025), per Business Quant data.

Peer Comparison