Mayville Engineering Company (MEC) Return on Invested Capital [ROIC] (2019 - 2026)
Mayville Engineering Company (MEC) recorded Return on Invested Capital [ROIC] of -1.81% in Q2 2026, down 9.22 percentage points from 7.41% a year earlier but up 0.07 percentage points from the prior quarter.
Mayville Engineering Company (MEC) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
For FY2025, Mayville Engineering Company reported Return on Invested Capital [ROIC] of -0.57%, down 10.30 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +1.36 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 9.72% in FY2024 (+4.38 pp), 5.34% in FY2023 (-2.41 pp), 7.75% in FY2022 (+10.04 pp) and -2.29% in FY2021 (-0.35 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from -2.20% in Q4 2021 to 10.13% in Q4 2024 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of -2.40 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 9.68 percentage points in Q4 2022, against a drop of 10.96 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -1.88% (Q1 2026), -0.49% (Q4 2025) and 4.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 15.86% |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 16.52% |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 9.33% |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 10.34% |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 15.40% |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 23.98% |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 10.94% |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 22.67% |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 27.10% |
| 10 | Mayville Engineering Company | 419.99 Mn | 413.00 Mn | 17.70 Mn | -1.81% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.81% |
| Mar 31, 2026 | -1.88% |
| Dec 31, 2025 | -0.49% |
| Sep 30, 2025 | 4.79% |
| Jun 30, 2025 | 7.41% |
| Mar 31, 2025 | 9.07% |
| Dec 31, 2024 | 10.13% |
| Sep 30, 2024 | 6.46% |
| Jun 30, 2024 | 5.94% |
| Mar 31, 2024 | 5.17% |
| Dec 31, 2023 | 4.61% |
| Sep 30, 2023 | 4.07% |
| Jun 30, 2023 | 5.20% |
| Mar 31, 2023 | 7.16% |
| Dec 31, 2022 | 7.48% |
| Sep 30, 2022 | 1.75% |
| Jun 30, 2022 | -0.60% |
| Mar 31, 2022 | -1.66% |
| Dec 31, 2021 | -2.20% |
| Sep 30, 2021 | 3.42% |
Mayville Engineering Company Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MEC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();