Mayville Engineering Company (MEC) Operating Margin (2018 - 2026)

Mayville Engineering Company has reported Operating Margin for 9 years, with the latest figure at 5.31% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin fell 647.0% year-over-year to 5.31%; the trailing twelve-month figure through Mar 2026 stood at 2.2% (down 912.0% YoY), and the FY2025 full-year result was 0.54%, down 820.0% from the prior year.
• Operating Margin for Q1 2026 stood at 5.31%, down from 3.46% in the prior quarter.
• The five-year high for Operating Margin was 19.0% in Q4 2024, with the low at 8.73% in Q4 2023.
• Historically, Operating Margin has averaged 2.69% across 5 years, with a median of 3.27% in 2023.
• Annual changes were most pronounced in 2024 — Operating Margin jumped 2773 bps — and 2025, when it plunged 2246 bps.
• Mayville Engineering Company's Operating Margin stood at 2.18% in 2022, then sank by 501 bps to 8.73% in 2023, then surged by 318 bps to 19.0% in 2024, then tumbled by 118 bps to 3.46% in 2025, then tumbled by 53 bps to 5.31% in 2026.
• The last three Operating Margin figures came in at 5.31% (Q1 2026), 3.46% (Q4 2025), and 0.03% (Q3 2025), per Business Quant data.