Growth Metrics

Mayville Engineering Company (MEC) Tax Provisions (2018 - 2026)

Mayville Engineering Company posted quarterly Tax Provisions of -$3.3 million for Q1 2026, down 32980.0% year-on-year from N/an in Q1 2025, and down 385.42% on a QoQ basis from $1.2 million in Q4 2025.

Mayville Engineering Company (MEC) has 9 years of Tax Provisions data on file, last reported at -$3.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 32980.0% year-over-year to -$3.3 million; the trailing twelve-month figure through Mar 2026 stood at -$3.1 million (down 290.66% YoY), and the FY2025 full-year result was $218000.0, down 91.8% from the prior year.
  • Tax Provisions for Q1 2026 stood at -$3.3 million, down from $1.2 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $1.8 million in Q2 2022 and bottomed at -$4.0 million in Q4 2022.
  • The 5-year median for Tax Provisions is $441000.0 (2023), against an average of $10117.6.
  • The widest annual swing landed in 2022, when Tax Provisions soared 2265.08%; it then slumped 32980.0% in 2026.
  • A 5-year view of Tax Provisions shows it stood at -$4.0 million in 2022, then soared by 68.4% to -$1.3 million in 2023, then soared by 109.92% to $127000.0 in 2024, then jumped by 812.6% to $1.2 million in 2025, then slumped by 385.42% to -$3.3 million in 2026.
  • The last three Tax Provisions figures came in at -$3.3 million (Q1 2026), $1.2 million (Q4 2025), and -$707000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Ati 22.19 Bn 21.90 Bn 262.90 Mn 16.10 Mn
2 Carpenter Technology 21.71 Bn 21.41 Bn 251.80 Mn 37.10 Mn
3 Mueller Industries 14.55 Bn 13.18 Bn 358.44 Mn 79.56 Mn
4 Esab 5.57 Bn 5.43 Bn 257.79 Mn 12.68 Mn
5 Worthington Enterprises 2.71 Bn 2.70 Bn 109.47 Mn 14.99 Mn
6 Proto Labs 1.70 Bn 1.56 Bn 63.59 Mn 3.20 Mn
7 Mayville Engineering Company 520.33 Mn 518.26 Mn 10.96 Mn -3.31 Mn
8 Insteel Industries 517.83 Mn 502.74 Mn 16.49 Mn 1.58 Mn
9 Tredegar 271.32 Mn 255.71 Mn 28.99 Mn 1.00 Mn
10 Techprecision 38.93 Mn 38.86 Mn 381,000.00 -

Historic Data

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DateValue
Mar 31, 2026 -3.31 Mn
Dec 31, 2025 1.16 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 -4.05 Mn
Sep 30, 2022 1.49 Mn
Jun 30, 2022 1.80 Mn
Mar 31, 2022 1.18 Mn
Dec 31, 2021 -756,000.00
Sep 30, 2021 63,000.00
Jun 30, 2021 1.01 Mn
Mar 31, 2021 989,000.00
Dec 31, 2020 -973,000.00
Sep 30, 2020 733,000.00
Jun 30, 2020 -2.53 Mn
Mar 31, 2020 691,000.00
Dec 31, 2019 -3.86 Mn
Sep 30, 2019 2.51 Mn
Jun 30, 2019 -3.51 Mn
Mar 31, 2019 769,000.00
Dec 31, 2018 -505,000.00
Sep 30, 2018 17,000.00
Mar 31, 2018 29,000.00