Mayville Engineering Company (MEC) Payables (2018 - 2026)
Mayville Engineering Company (MEC) reported Payables of $62.8 million for Q1 2026, up 26.27% on a YoY basis from $49.7 million in Q1 2025, and up 19.93% quarter-over-quarter from $52.4 million in Q4 2025.
Mayville Engineering Company (MEC) Payables (2018 - 2026) Analysis & Trends
Mayville Engineering Company has reported Payables for 9 years, with the latest figure at $62.8 million in Q1 2026.
- For the quarter ending Q1 2026, Payables rose 26.27% year-over-year to $62.8 million; the trailing twelve-month figure through Mar 2026 stood at $62.8 million (up 26.27% YoY), and the FY2025 full-year result was $52.4 million, up 33.89% from the prior year.
- Payables for Q1 2026 stood at $62.8 million, up from $52.4 million in the prior quarter.
- The five-year high for Payables was $62.8 million in Q1 2026, with the low at $39.1 million in Q4 2024.
- Historically, Payables has averaged $52.8 million across 5 years, with a median of $53.1 million in 2025.
- Annual changes were most pronounced in 2022 — Payables surged 45.46% — and 2024, when it dropped 15.92%.
- Mayville Engineering Company's Payables stood at $53.7 million in 2022, then dropped by 13.42% to $46.5 million in 2023, then declined by 15.92% to $39.1 million in 2024, then surged by 33.89% to $52.4 million in 2025, then grew by 19.93% to $62.8 million in 2026.
- The last three Payables figures came in at $62.8 million (Q1 2026), $52.4 million (Q4 2025), and $53.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 322.60 Mn |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | 654.90 Mn |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | 243.54 Mn |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | 456.03 Mn |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | 360.39 Mn |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | 1.40 Mn |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 122.01 Mn |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | 19.63 Mn |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 748.50 Mn |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | 62.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 49.25 Mn |