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Mayville Engineering Company (MEC) Tax Rate (2018 - 2025)

Historic Tax Rate for Mayville Engineering Company (MEC) over the last 8 years, with Q3 2025 value amounting to 20.9%.

  • Mayville Engineering Company's Tax Rate rose 176500.0% to 20.9% in Q3 2025 from the same period last year, while for Sep 2025 it was 25.22%, marking a year-over-year increase of 105600.0%. This contributed to the annual value of 22.63% for FY2024, which is 109300.0% up from last year.
  • As of Q3 2025, Mayville Engineering Company's Tax Rate stood at 20.9%, which was up 176500.0% from 17.02% recorded in Q2 2025.
  • In the past 5 years, Mayville Engineering Company's Tax Rate registered a high of 27.99% during Q1 2021, and its lowest value of 100.0% during Q1 2025.
  • Its 5-year average for Tax Rate is 8.7%, with a median of 22.74% in 2023.
  • Examining YoY changes over the last 5 years, Mayville Engineering Company's Tax Rate showed a top increase of 2183700bps in 2021 and a maximum decrease of -486272200bps in 2021.
  • Quarter analysis of 5 years shows Mayville Engineering Company's Tax Rate stood at 22.78% in 2021, then crashed by -321bps to 50.32% in 2022, then soared by 52bps to 24.07% in 2023, then soared by 200bps to 24.07% in 2024, then dropped by -13bps to 20.9% in 2025.
  • Its last three reported values are 20.9% in Q3 2025, 17.02% for Q2 2025, and 100.0% during Q1 2025.