Mayville Engineering Company (MEC) Total Debt (2018 - 2026)

Mayville Engineering Company (MEC) reported Total Debt of $212.4 million for Q1 2026, up 174.13% on a YoY basis from $77.5 million in Q1 2025, and up 4.87% quarter-over-quarter from $202.5 million in Q4 2025.

Mayville Engineering Company (MEC) Total Debt (2018 - 2026) Analysis & Trends

Mayville Engineering Company has reported Total Debt for 9 years, with the latest figure at $212.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Total Debt rose 174.13% year-over-year to $212.4 million; the trailing twelve-month figure through Mar 2026 stood at $212.4 million (up 174.13% YoY), and the FY2025 full-year result was $202.5 million, up 154.03% from the prior year.
  • Total Debt for Q1 2026 stood at $212.4 million, up from $202.5 million in the prior quarter.
  • The five-year high for Total Debt was $212.4 million in Q1 2026, with the low at $69.3 million in Q2 2025.
  • Historically, Total Debt has averaged $123.8 million across 5 years, with a median of $111.0 million in 2024.
  • Annual changes were most pronounced in 2024 — Total Debt slumped 45.95% — and 2026, when it soared 174.13%.
  • Mayville Engineering Company's Total Debt 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn 690.40 Mn
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn 1.83 Bn
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn -
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn 3.36 Bn
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn 1.23 Bn
6 Gpgi 3.86 Bn 3.85 Bn - -
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn 312.05 Mn
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn -
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn 907.70 Mn
10 Mayville Engineering Company 727.03 Mn 724.96 Mn 10.96 Mn 212.39 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 43.85 Mn