Mayville Engineering Company (MEC) Receivables (2018 - 2026)
Mayville Engineering Company (MEC) reported Receivables of $73.5 million for Q1 2026, up 17.89% on a YoY basis from $62.4 million in Q1 2025, and up 18.0% quarter-over-quarter from $62.3 million in Q4 2025.
Mayville Engineering Company (MEC) Receivables (2018 - 2026) Analysis & Trends
Mayville Engineering Company has reported Receivables for 9 years, with the latest figure at $73.5 million in Q1 2026.
- For the quarter ending Q1 2026, Receivables rose 17.89% year-over-year to $73.5 million; the trailing twelve-month figure through Mar 2026 stood at $73.5 million (up 17.89% YoY), and the FY2025 full-year result was $62.3 million, up 14.22% from the prior year.
- Receivables for Q1 2026 stood at $73.5 million, up from $62.3 million in the prior quarter.
- The five-year high for Receivables was $82.3 million in Q1 2023, with the low at $54.5 million in Q4 2024.
- Historically, Receivables has averaged $69.7 million across 5 years, with a median of $73.8 million in 2025.
- Annual changes were most pronounced in 2022 — Receivables soared 30.65% — and 2025, when it slipped 25.46%.
- Mayville Engineering Company's Receivables stood at $65.9 million in 2022, then decreased by 4.61% to $62.9 million in 2023, then retreated by 13.29% to $54.5 million in 2024, then advanced by 14.22% to $62.3 million in 2025, then grew by 18.0% to $73.5 million in 2026.
- The last three Receivables figures came in at $73.5 million (Q1 2026), $62.3 million (Q4 2025), and $73.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 682.00 Mn |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | 727.50 Mn |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | 670.51 Mn |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | 1.36 Bn |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | 686.66 Mn |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | - |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 231.88 Mn |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | 85.55 Mn |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 867.00 Mn |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | 73.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.51 Mn |
| Dec 31, 2025 | 62.30 Mn |
| Sep 30, 2025 | 73.83 Mn |
| Jun 30, 2025 | 55.11 Mn |
| Mar 31, 2025 | 62.36 Mn |
| Dec 31, 2024 | 54.54 Mn |
| Sep 30, 2024 | 59.97 Mn |
| Jun 30, 2024 | 73.93 Mn |
| Mar 31, 2024 | 75.56 Mn |
| Dec 31, 2023 | 62.90 Mn |
| Sep 30, 2023 | 77.73 Mn |
| Jun 30, 2023 | 76.89 Mn |
| Mar 31, 2023 | 82.28 Mn |
| Dec 31, 2022 | 65.94 Mn |
| Sep 30, 2022 | 74.10 Mn |
| Jun 30, 2022 | 76.54 Mn |
| Mar 31, 2022 | 77.60 Mn |
| Dec 31, 2021 | 59.37 Mn |
| Sep 30, 2021 | 62.28 Mn |
| Jun 30, 2021 | 60.46 Mn |