Mayville Engineering Company (MEC) Payables (2018 - 2026)
Mayville Engineering Company's Payables came in at $64.73 million for Q2 2026, up 38.9% from $46.61 million a year earlier and up 3.0% from the prior quarter.
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Analysis
Mayville Engineering Company (MEC) Payables (2018 - 2026) Analysis & Trends
At the end of FY2025, Mayville Engineering Company's Payables was $52.38 million, up 33.9% from FY2024.
- Payables carries a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- Going back by year, Payables was $39.12 million in FY2024 (-15.9%), $46.53 million in FY2023 (-13.4%), $53.74 million in FY2022 (+7.2%) and $50.12 million in FY2021 (+49.6%).
- The Q2 2026 figure represents the highest quarterly Payables in data going back to Q4 2018.
- Year-over-year, Payables has increased for four consecutive quarters, with growth averaging 7.7% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q3 2021 (growth of 80.4%), and the weakest in Q4 2024 (a decline of 15.9%).
- Business Quant data shows MEC's Payables at $62.82 million (Q1 2026), $52.38 million (Q4 2025) and $53.07 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 16.11 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 4.32 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 14.11 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 7.51 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 2.44 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 2.47 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 1.61 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 3.11 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 1.09 Bn |
| 10 | Mayville Engineering Company | 428.92 Mn | 421.93 Mn | 17.70 Mn | 64.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.73 Mn |
| Mar 31, 2026 | 62.82 Mn |
| Dec 31, 2025 | 52.38 Mn |
| Sep 30, 2025 | 53.07 Mn |
| Jun 30, 2025 | 46.61 Mn |
| Mar 31, 2025 | 49.75 Mn |
| Dec 31, 2024 | 39.12 Mn |
| Sep 30, 2024 | 47.99 Mn |
| Jun 30, 2024 | 53.96 Mn |
| Mar 31, 2024 | 54.46 Mn |
| Dec 31, 2023 | 46.53 Mn |
| Sep 30, 2023 | 53.37 Mn |
| Jun 30, 2023 | 52.35 Mn |
| Mar 31, 2023 | 52.38 Mn |
| Dec 31, 2022 | 53.74 Mn |
| Sep 30, 2022 | 60.10 Mn |
| Jun 30, 2022 | 58.68 Mn |
| Mar 31, 2022 | 59.83 Mn |
| Dec 31, 2021 | 50.12 Mn |
| Sep 30, 2021 | 49.81 Mn |
API Access
Mayville Engineering Company Payables 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=payables&ticker=MEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();