Mayville Engineering Company (MEC) Total Debt (2018 - 2026)
Mayville Engineering Company posted quarterly Total Debt of $212.4 million for Q1 2026, up 174.13% year-on-year 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) has 9 years of Total Debt data on file, last reported 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.
- Across five years, Total Debt topped out at $212.4 million in Q1 2026 and bottomed at $69.3 million in Q2 2025.
- The 5-year median for Total Debt is $111.0 million (2024), against an average of $123.8 million.
- The widest annual swing landed in 2024, when Total Debt plunged 45.95%; it then soared 174.13% in 2026.
- A 5-year view of Total Debt shows it stood at $72.2 million in 2022, then surged by 104.18% to $147.5 million in 2023, then slumped by 45.95% to $79.7 million in 2024, then jumped by 154.03% to $202.5 million in 2025, then grew 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 | Ati | 22.19 Bn | 21.90 Bn | 262.90 Mn | 1.83 Bn |
| 2 | Carpenter Technology | 21.71 Bn | 21.41 Bn | 251.80 Mn | 690.40 Mn |
| 3 | Mueller Industries | 14.55 Bn | 13.18 Bn | 358.44 Mn | - |
| 4 | Esab | 5.57 Bn | 5.43 Bn | 257.79 Mn | 1.23 Bn |
| 5 | Worthington Enterprises | 2.71 Bn | 2.70 Bn | 109.47 Mn | 312.05 Mn |
| 6 | Proto Labs | 1.70 Bn | 1.56 Bn | 63.59 Mn | - |
| 7 | Mayville Engineering Company | 520.33 Mn | 518.26 Mn | 10.96 Mn | 212.39 Mn |
| 8 | Insteel Industries | 517.83 Mn | 502.74 Mn | 16.49 Mn | - |
| 9 | Tredegar | 271.32 Mn | 255.71 Mn | 28.99 Mn | 46.31 Mn |
| 10 | Techprecision | 38.93 Mn | 38.86 Mn | 381,000.00 | 6.65 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 |
| Mar 31, 2021 | 46.48 Mn |
| Dec 31, 2020 | 45.26 Mn |
| Sep 30, 2020 | 59.99 Mn |
| Jun 30, 2020 | 74.47 Mn |
| Mar 31, 2020 | 87.79 Mn |
| Dec 31, 2019 | 72.57 Mn |
| Sep 30, 2019 | 166,000.00 |
| Jun 30, 2019 | 47.56 Mn |
| Mar 31, 2019 | 120.22 Mn |
| Dec 31, 2018 | 120.28 Mn |