Mayville Engineering Company (MEC) Work In Process (2018 - 2026)
Mayville Engineering Company's (MEC) quarterly Work In Process came in at $12.9 million in Q1 2026, up 32.19% YoY from $9.8 million in Q1 2025, and up 22.23% on a QoQ basis from $10.6 million in Q4 2025.
Mayville Engineering Company (MEC) Work In Process (2018 - 2026) Analysis & Trends
Mayville Engineering Company (MEC) has 9 years of Work In Process data on file, last reported at $12.9 million in Q1 2026.
- Quarterly Work In Process rose 32.19% year-over-year to $12.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.9 million (up 32.19% YoY) and the FY2025 annual result came in at $10.6 million, up 12.13% from the prior year.
- Work In Process rose to $12.9 million in Q1 2026, from $10.6 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $13.6 million in Q3 2022 to a low of $8.6 million in Q3 2024.
- A 5-year average of $10.6 million and a median of $10.4 million in 2023 frame the typical range for Work In Process.
- Annual changes were most pronounced in 2022 — Work In Process surged 78.0% — and 2024, when it fell 26.97%.
- Tracing MEC's Work In Process over 5 years: stood at $10.0 million in 2022, then gained by 3.87% to $10.4 million in 2023, then dropped by 9.12% to $9.4 million in 2024, then rose by 12.13% to $10.6 million in 2025, then gained by 22.23% to $12.9 million in 2026.
- The last three Work In Process figures came in at $12.9 million (Q1 2026), $10.6 million (Q4 2025), and $9.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ati | 28.73 Bn | 27.94 Bn | 309.80 Mn |
| 2 | Carpenter Technology | 24.63 Bn | 24.23 Bn | 268.90 Mn |
| 3 | Mueller Industries | 13.75 Bn | 12.33 Bn | 395.35 Mn |
| 4 | Commercial Metals | 7.43 Bn | 6.87 Bn | 455.14 Mn |
| 5 | Esab | 4.84 Bn | 4.62 Bn | 307.21 Mn |
| 6 | Gpgi | 3.63 Bn | 3.62 Bn | - |
| 7 | Worthington Enterprises | 2.81 Bn | 2.78 Bn | 101.89 Mn |
| 8 | Proto Labs | 1.88 Bn | 1.73 Bn | 69.34 Mn |
| 9 | Ryerson Holding | 1.32 Bn | 1.27 Bn | 355.20 Mn |
| 10 | Mayville Engineering Company | 520.13 Mn | 517.93 Mn | 17.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.97 Mn |
| Mar 31, 2026 | 12.91 Mn |
| Dec 31, 2025 | 10.56 Mn |
| Sep 30, 2025 | 9.54 Mn |
| Jun 30, 2025 | 9.83 Mn |
| Mar 31, 2025 | 9.77 Mn |
| Dec 31, 2024 | 9.42 Mn |
| Sep 30, 2024 | 8.65 Mn |
| Jun 30, 2024 | 10.13 Mn |
| Mar 31, 2024 | 11.01 Mn |
| Dec 31, 2023 | 10.36 Mn |
| Sep 30, 2023 | 11.85 Mn |
| Jun 30, 2023 | 8.76 Mn |
| Mar 31, 2023 | 10.50 Mn |
| Dec 31, 2022 | 9.98 Mn |
| Sep 30, 2022 | 13.59 Mn |
| Jun 30, 2022 | 11.78 Mn |
| Mar 31, 2022 | 11.13 Mn |
| Dec 31, 2021 | 10.21 Mn |
| Sep 30, 2021 | 8.40 Mn |