Mayville Engineering Company, Inc.MECNYSE
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Debt to Equity Over Time
Trending lower, below historical average, slight contraction.
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Debt-to-equity ratio
Latest
0.44
↓ 34% below average
Average (7y)
0.66
Historical baseline
Range
High:1.77
Low:0.24
CAGR
-8.5%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.44 | -44.5% |
| 2023 | 0.79 | +57.5% |
| 2022 | 0.50 | +46.7% |
| 2021 | 0.34 | +42.9% |
| 2020 | 0.24 | -36.8% |
| 2019 | 0.38 | -78.6% |
| 2018 | 1.77 | +117.0% |
| 2017 | 0.81 | - |