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

Mayville Engineering Company has reported Tax Rate for 9 years, with the latest figure at 28.81% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 12881.0% year-over-year to 28.81%; the trailing twelve-month figure through Mar 2026 stood at 12.06% (up 654.0% YoY), and the FY2025 full-year result was 1.55%, down 947.0% from the prior year.
• Tax Rate for Q1 2026 stood at 28.81%, up from 12.37% in the prior quarter.
• The five-year high for Tax Rate was 28.81% in Q1 2026, with the low at 255.68% in Q4 2022.
• Historically, Tax Rate has averaged 11.01% across 5 years, with a median of 18.43% in 2022.
• Annual changes were most pronounced in 2022 — Tax Rate tumbled 25999 bps — and 2023, when it soared 18437 bps.
• Mayville Engineering Company's Tax Rate stood at 255.68% in 2022, then jumped by 72 bps to 71.31% in 2023, then soared by 101 bps to 0.6% in 2024, then sank by 2150 bps to 12.37% in 2025, then soared by 333 bps to 28.81% in 2026.
• The last three Tax Rate figures came in at 28.81% (Q1 2026), 12.37% (Q4 2025), and 20.9% (Q3 2025), per Business Quant data.