Mayville Engineering Company (MEC) Total Debt (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Total Debt came in at $212.4 million in Q1 2026, up 174.13% YoY from $77.5 million in Q1 2025, and up 4.87% on a QoQ basis from $202.5 million in Q4 2025.
Mayville Engineering Company (MEC) Total Debt (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has 9 years of Total Debt data on file, last reported at $212.4 million in Q1 2026.
- Quarterly Total Debt rose 174.13% year-over-year to $212.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $212.4 million (up 174.13% YoY) and the FY2025 annual result came in at $202.5 million, up 154.03% from the prior year.
- Total Debt improved to $212.4 million in Q1 2026, from $202.5 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $212.4 million in Q1 2026 to a low of $69.3 million in Q2 2025.
- A 5-year average of $123.8 million and a median of $111.0 million in 2024 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2024 — Total Debt slumped 45.95% — and 2026, when it soared 174.13%.
- Tracing MEC's Total Debt over 5 years: stood at $72.2 million in 2022, then jumped by 104.18% to $147.5 million in 2023, then tumbled by 45.95% to $79.7 million in 2024, then soared by 154.03% to $202.5 million in 2025, then climbed by 4.87% to $212.4 million in 2026.
- The last three Total Debt figures came in at $212.4 million (Q1 2026), $202.5 million (Q4 2025), and $211.9 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn | 2.19 Bn |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn | 690.70 Mn |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn | 5.24 Mn |
| 4 | Commercial Metals | 7.25 Bn | 6.69 Bn | 455.14 Mn | 3.40 Bn |
| 5 | Esab | 4.82 Bn | 4.61 Bn | 307.21 Mn | 2.40 Bn |
| 6 | Gpgi | 3.71 Bn | 3.71 Bn | - | - |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn | 305.90 Mn |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn | - |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn | 2.60 Mn |
| 10 | Mayville Engineering Company | 516.15 Mn | 513.95 Mn | 17.70 Mn | 125.72 Mn |
Historic Data
Download 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 |