Mayville Engineering Company (MEC) Total Debt (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Total Debt came in at $125.7 million in Q2 2026, up 81.46% on a YoY basis from $69.3 million in Q2 2025, and down 40.81% quarter-over-quarter from $212.4 million in Q1 2026.
Analysis
Mayville Engineering Company (MEC) Total Debt (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has reported Total Debt for 9 consecutive years, with $125.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt rose 81.46% year-over-year to $125.7 million; the trailing twelve-month figure through Jun 2026 stood at $125.7 million (up 81.46% YoY), and the FY2025 full-year result was $202.5 million, up 154.03% from the prior year.
- Total Debt eased to $125.7 million in Q2 2026 per MEC's latest filing, from $212.4 million in the prior quarter.
- Across five years, Total Debt topped out at $212.4 million in Q1 2026 and bottomed at $69.3 million in Q2 2025.
- Historically, Total Debt has averaged $123.9 million across 5 years, with a median of $116.6 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Total Debt tumbled 45.95% in 2024, then jumped 174.13% in 2026.
- Over 5 years, Total Debt stood at $72.2 million in 2022, then soared by 104.18% to $147.5 million in 2023, then sank by 45.95% to $79.7 million in 2024, then surged by 154.03% to $202.5 million in 2025, then slumped by 37.92% to $125.7 million in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $125.7 million, $212.4 million, and $202.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn | 14.93 Mn |
| 2 | Mueller Industries | 13.87 Bn | 12.46 Bn | 395.35 Mn | 5.24 Mn |
| 3 | Arcosa | 7.15 Bn | 6.71 Bn | 155.70 Mn | 1.44 Bn |
| 4 | Azz | 4.14 Bn | 4.14 Bn | 112.17 Mn | 480.60 Mn |
| 5 | Constellium Se | 3.69 Bn | 3.53 Bn | 480.00 Mn | 2.00 Bn |
| 6 | Lci Industries | 2.33 Bn | 2.12 Bn | 301.14 Mn | 856.25 Mn |
| 7 | Worthington Steel | 1.72 Bn | 1.63 Bn | 118.80 Mn | 415.20 Mn |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 1.50 Bn |
| 9 | Park Ohio Holdings | 647.04 Mn | 598.74 Mn | 78.90 Mn | 7.30 Mn |
| 10 | Mayville Engineering Company | 449.21 Mn | 447.01 Mn | 17.70 Mn | 125.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 125.72 Mn |
| Mar 31, 2026 | 212.39 Mn |
| Dec 31, 2025 | 202.53 Mn |
| Sep 30, 2025 | 211.86 Mn |
| Jun 30, 2025 | 69.28 Mn |
| Mar 31, 2025 | 77.48 Mn |
| Dec 31, 2024 | 79.73 Mn |
| Sep 30, 2024 | 111.05 Mn |
| Jun 30, 2024 | 122.06 Mn |
| Mar 31, 2024 | 139.82 Mn |
| Dec 31, 2023 | 147.49 Mn |
| Sep 30, 2023 | 168.41 Mn |
| Jun 30, 2023 | 177.94 Mn |
| Mar 31, 2023 | 81.58 Mn |
| Dec 31, 2022 | 72.24 Mn |
| Sep 30, 2022 | 71.37 Mn |
| Jun 30, 2022 | 76.06 Mn |
| Mar 31, 2022 | 83.33 Mn |
| Dec 31, 2021 | 67.61 Mn |
| Sep 30, 2021 | 54.72 Mn |