MEC (Mayville Engineering Co) Effective Interest Rate on Debt %: 6.13% (As of Mar. 2026)


MEC Mayville Engineering Co Inc MEC
65 GF Score
Price $33.55
GF Value $15.49
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Mayville Engineering Co Effective Interest Rate on Debt %?

Mayville Engineering Co MEC -4.71% 65 Effective Interest Rate on Debt % is 6.13% as of Mar. 2026. GuruFocus rates MEC with a GF Score™ of 65/100 and a GF Value™ of $15.49 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Mayville Engineering Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $14.6 Mil. Mayville Engineering Co's average total debt for the quarter that ended in Mar. 2026 was $238.9 Mil. Therefore, Mayville Engineering Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 6.13%.


Mayville Engineering Co  (NYSE:MEC) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Mayville Engineering Co Effective Interest Rate on Debt % Related Terms


Mayville Engineering Co Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Mayville Engineering Co's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mayville Engineering Co Effective Interest Rate on Debt % Chart

Mayville Engineering Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 3.47 3.83 7.65 7.55 5.92

Mayville Engineering Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.79 5.42 7.94 6.36 6.13

MEC vs IIIN, RYZ, TG: Effective Interest Rate on Debt % Comparison

For the Metal Fabrication subindustry, Mayville Engineering Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mayville Engineering Co Effective Interest Rate on Debt % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mayville Engineering Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Mayville Engineering Co's Effective Interest Rate on Debt % falls into.


MEC
65GF Score
Mayville Engineering Co Inc MEC
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mayville Engineering Co Effective Interest Rate on Debt % Calculation

Mayville Engineering Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -10.215/( (110.051+234.826)/ 2 )
=-1  *  -10.215/172.4385
=5.92 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=105.137 + 4.914
=110.051

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=228.097 + 6.729
=234.826

Mayville Engineering Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -14.644/( (234.826+243.019)/ 2 )
=-1  *  -14.644/238.9225
=6.13 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=228.097 + 6.729
=234.826

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=236.177 + 6.842
=243.019

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 6.13% mean?
Mayville Engineering Co (MEC) has a Effective Interest Rate on Debt % of 6.13% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Mayville Engineering Co and its competitors.
Is Mayville Engineering Co's Effective Interest Rate on Debt % too high?
Mayville Engineering Co's current Effective Interest Rate on Debt % is 6.13%. Overall, Mayville Engineering Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mayville Engineering Co's Effective Interest Rate on Debt % compare to IIIN and RYZ?
Mayville Engineering Co's Effective Interest Rate on Debt % of 6.13% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Industrial Products company?
A good Effective Interest Rate on Debt % depends on the Industrial Products industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Mayville Engineering Co and its competitors. Mayville Engineering Co's current Effective Interest Rate on Debt % is 6.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayville Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Mayville Engineering Co (MEC) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.49, compared to a current price of $33.55 — trading 116.6% above its estimated fair value. The current Effective Interest Rate on Debt % is 6.13%. Mayville Engineering Co's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Mayville Engineering Co (MEC), the current Effective Interest Rate on Debt % is 6.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mayville Engineering Co (MEC) Overvalued in 2026?

Based on GuruFocus' analysis, Mayville Engineering Co stock appears to be overvalued. The current stock price of $33.55 is trading 116.6% above its estimated GF Value™ of $15.49. GuruFocus considers Mayville Engineering Co to be Significantly Overvalued.

Key valuation signals for MEC:

  • Effective Interest Rate on Debt %: 6.13%
  • GF Value™: $15.49 vs. price of $33.55 (116.6% above fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the MEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mayville Engineering Co Business Description

Address 135 South 84th Street, Suite 300, Milwaukee, WI, USA, 53214
Mayville Engineering Co Inc is involved in a manufacturing partner providing a full suite of manufacturing solutions from concept to production, including design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly, and aftermarket components. Its customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, powersports, agriculture, military, and other end markets. Its services comprise stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly, and logistic services.
65GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.55
Price
$15.49
GF Value