Mayville Engineering Company (MEC) Times Interest Earned (2018 - 2026)

Mayville Engineering Company (MEC) reported Times Interest Earned of -$2.1 for Q1 2026, down 308.67% on a YoY basis from $1.01 in Q1 2025, and down 72.44% quarter-over-quarter from -$1.22 in Q4 2025.

Mayville Engineering Company (MEC) Times Interest Earned (2018 - 2026) Analysis & Trends

Mayville Engineering Company has reported Times Interest Earned for 9 years, with the latest figure at -$2.1 in Q1 2026.

  • For the quarter ending Q1 2026, Times Interest Earned fell 308.67% year-over-year to -$2.1; the trailing twelve-month figure through Mar 2026 stood at -$0.99 (down 123.72% YoY), and the FY2025 full-year result was -$0.29, down 107.12% from the prior year.
  • Times Interest Earned for Q1 2026 stood at -$2.1, down from -$1.22 in the prior quarter.
  • The five-year high for Times Interest Earned was $11.45 in Q4 2024, with the low at -$3.64 in Q4 2023.
  • Historically, Times Interest Earned has averaged $3.13 across 5 years, with a median of $2.17 in 2023.
  • Annual changes were most pronounced in 2022 — Times Interest Earned surged 553.98% — and 2026, when it plunged 308.67%.
  • Mayville Engineering Company's Times Interest Earned stood at $2.3 in 2022, then plunged by 258.36% to -$3.64 in 2023, then jumped by 414.27% to $11.45 in 2024, then tumbled by 110.63% to -$1.22 in 2025, then plunged by 72.44% to -$2.1 in 2026.
  • The last three Times Interest Earned figures came in at -$2.1 (Q1 2026), -$1.22 (Q4 2025), and $0.01 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Times Interest Earned (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn 21.44
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn -
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn -
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn -39.93
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn -
6 Gpgi 3.86 Bn 3.85 Bn - -
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn 17.26
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn -
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn 1.98
10 Mayville Engineering Company 727.03 Mn 724.96 Mn 10.96 Mn -2.10

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.10
Dec 31, 2025 -1.22
Sep 30, 2025 0.01
Jun 30, 2025 0.05
Mar 31, 2025 1.01
Dec 31, 2024 11.45
Sep 30, 2024 2.16
Jun 30, 2024 2.75
Mar 31, 2024 2.27
Dec 31, 2023 -3.64
Sep 30, 2023 1.51
Jun 30, 2023 2.17
Mar 31, 2023 2.82
Dec 31, 2022 2.30
Sep 30, 2022 10.74
Jun 30, 2022 11.10
Mar 31, 2022 9.81
Dec 31, 2021 -26.54
Sep 30, 2021 1.64
Jun 30, 2021 9.53