Mayville Engineering Company (MEC) Tax Provisions (2018 - 2026)
Mayville Engineering Company (MEC) posted Tax Provisions of $958,000 for Q3 2026, compared with -$707,000 a year earlier.
Mayville Engineering Company (MEC) Tax Provisions (2018 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Provisions at Mayville Engineering Company was -$8.35 million; for FY2025, it was -$5.95 million.
- In prior years, Mayville Engineering Company's Tax Provisions was $7.6 million in FY2024 (+631.1%), $1.04 million in FY2023 (-71.7%), $3.67 million in FY2022 and -$1.94 million in FY2021.
- The Q3 2026 figure stands as the highest quarterly Tax Provisions since Q4 2024.
- The strongest year-over-year quarter for Tax Provisions in the past five years was Q2 2024, with growth of 194.5%; the weakest was Q3 2024, with a decline of 81.9%.
- According to Business Quant data, Tax Provisions for the three prior quarters was -$992,000 (Q2 2026), -$3.31 million (Q1 2026) and -$5.01 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 968.00 Mn |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 774.50 Mn |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 291.00 Mn |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 253.00 Mn |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 261.00 Mn |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 198.00 Mn |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 276.00 Mn |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 230.30 Mn |
| 10 | Mayville Engineering Company | 334.72 Mn | 327.44 Mn | 18.76 Mn | 958,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 958,000.00 |
| Jun 30, 2026 | -992,000.00 |
| Mar 31, 2026 | -3.31 Mn |
| Dec 31, 2025 | -5.01 Mn |
| Sep 30, 2025 | -707,000.00 |
| Jun 30, 2025 | -225,000.00 |
| Mar 31, 2025 | -10,000.00 |
| Dec 31, 2024 | 5.06 Mn |
| Sep 30, 2024 | 100,000.00 |
| Jun 30, 2024 | 1.40 Mn |
| Mar 31, 2024 | 1.03 Mn |
| Dec 31, 2023 | -432,000.00 |
| Sep 30, 2023 | 554,000.00 |
| Jun 30, 2023 | 475,000.00 |
| Mar 31, 2023 | 441,000.00 |
| Dec 31, 2022 | -797,000.00 |
| Sep 30, 2022 | 1.49 Mn |
| Jun 30, 2022 | 1.80 Mn |
| Mar 31, 2022 | 1.18 Mn |
| Dec 31, 2021 | -4.00 Mn |
Mayville Engineering Company Tax Provisions 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=tax-provisions&ticker=MEC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=MEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();