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| Date | Value |
|---|---|
| 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 |