Mayville Engineering Company (MEC) Tax Provisions (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Tax Provisions came in at -$3.3 million in Q1 2026, down 32980.0% YoY from N/an in Q1 2025, and up 33.95% on a QoQ basis from -$5.0 million in Q4 2025.
Mayville Engineering Company (MEC) Tax Provisions (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has 9 years of Tax Provisions data on file, last reported at -$3.3 million in Q1 2026.
- Quarterly Tax Provisions fell 32980.0% year-over-year to -$3.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$9.2 million (down 672.28% YoY) and the FY2025 annual result came in at -$5.9 million, down 323.73% from the prior year.
- Tax Provisions rose to -$3.3 million in Q1 2026, from -$5.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $1.8 million in Q2 2022 to a low of -$5.0 million in Q4 2025.
- A 5-year average of -$100352.9 and a median of $239000.0 in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 2265.08% — and 2026, when it plunged 32980.0%.
- Tracing MEC's Tax Provisions over 5 years: stood at $239000.0 in 2022, then sank by 635.56% to -$1.3 million in 2023, then surged by 109.92% to $127000.0 in 2024, then plunged by 4043.31% to -$5.0 million in 2025, then soared by 33.95% to -$3.3 million in 2026.
- The last three Tax Provisions figures came in at -$3.3 million (Q1 2026), -$5.0 million (Q4 2025), and -$707000.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.27 Bn | 27.48 Bn | 309.80 Mn | 38.60 Mn |
| 2 | Carpenter Technology | 24.75 Bn | 24.36 Bn | 268.90 Mn | 42.30 Mn |
| 3 | Mueller Industries | 13.73 Bn | 12.32 Bn | 395.35 Mn | 82.87 Mn |
| 4 | Commercial Metals | 7.35 Bn | 6.79 Bn | 455.14 Mn | 15.82 Mn |
| 5 | Esab | 4.98 Bn | 4.77 Bn | 307.21 Mn | 11.70 Mn |
| 6 | Gpgi | 3.70 Bn | 3.69 Bn | - | 1.20 Mn |
| 7 | Worthington Enterprises | 2.79 Bn | 2.76 Bn | 101.89 Mn | 11.71 Mn |
| 8 | Proto Labs | 1.90 Bn | 1.76 Bn | 69.34 Mn | 3.50 Mn |
| 9 | Ryerson Holding | 1.31 Bn | 1.27 Bn | 355.20 Mn | 6.00 Mn |
| 10 | Mayville Engineering Company | 489.96 Mn | 487.76 Mn | 17.70 Mn | -992,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 127,000.00 |
| Sep 30, 2024 | 100,000.00 |
| Jun 30, 2024 | 1.40 Mn |
| Mar 31, 2024 | 1.03 Mn |
| Dec 31, 2023 | -1.28 Mn |
| Sep 30, 2023 | 554,000.00 |
| Jun 30, 2023 | 475,000.00 |
| Mar 31, 2023 | 441,000.00 |
| Dec 31, 2022 | 239,000.00 |
| Sep 30, 2022 | 1.49 Mn |
| Jun 30, 2022 | 1.80 Mn |
| Mar 31, 2022 | 1.18 Mn |
| Dec 31, 2021 | -4.00 Mn |
| Sep 30, 2021 | 63,000.00 |