See more : Strike Company,Limited (6196.T) Income Statement Analysis – Financial Results
Complete financial analysis of Methode Electronics, Inc. (MEI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Methode Electronics, Inc., a leading company in the Hardware, Equipment & Parts industry within the Technology sector.
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Methode Electronics, Inc. (MEI)
About Methode Electronics, Inc.
Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden switches, ergonomic switches, transmission lead-frames, and LED-based lighting and sensors, which incorporate magneto-elastic sensing and other technologies that monitor the operation or status of a component or system. The Industrial segment manufactures lighting solutions; industrial safety radio remote controls; braided flexible cables; current-carrying laminated busbars and devices; custom power-product assemblies, such as PowerRail solution; high-current low-voltage flexible power cabling systems; and powder-coated busbars that are used in various markets and applications comprising aerospace, cloud computing, commercial vehicles, industrial, military, power conversion, and transportation. The Interface segment provides various copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and fluid-level sensors for the marine/recreational vehicle and sump pump markets. The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.11B | 1.18B | 1.16B | 1.09B | 1.02B | 1.00B | 908.30M | 816.50M | 809.10M | 881.10M | 772.80M | 519.84M | 465.10M | 428.22M | 377.65M | 428.85M | 552.95M | 450.02M | 422.69M | 394.45M | 361.00M | 364.08M | 321.60M | 362.14M | 422.15M | 403.70M | 379.30M | 343.10M | 307.50M | 270.70M | 213.30M | 172.00M | 148.10M | 149.40M | 132.80M | 122.20M | 112.70M | 95.70M | 96.00M |
| Cost of Revenue | 935.70M | 915.50M | 898.70M | 813.90M | 741.00M | 734.50M | 668.70M | 598.20M | 596.20M | 662.30M | 616.10M | 428.20M | 381.98M | 339.04M | 297.71M | 356.50M | 428.36M | 359.91M | 336.41M | 306.62M | 287.80M | 289.68M | 267.57M | 296.42M | 302.61M | 282.10M | 260.30M | 229.60M | 207.60M | 185.10M | 143.40M | 116.80M | 104.10M | 107.50M | 97.50M | 92.80M | 79.80M | 67.80M | 65.50M |
| Gross Profit | 178.80M | 264.10M | 264.90M | 274.10M | 282.90M | 265.80M | 239.60M | 218.30M | 212.90M | 218.80M | 156.70M | 91.64M | 83.11M | 89.17M | 79.94M | 72.35M | 124.60M | 90.11M | 86.28M | 87.83M | 73.20M | 74.40M | 54.02M | 65.72M | 119.54M | 121.60M | 119.00M | 113.50M | 99.90M | 85.60M | 69.90M | 55.20M | 44.00M | 41.90M | 35.30M | 29.40M | 32.90M | 27.90M | 30.50M |
| Gross Profit Ratio | 16.04% | 22.39% | 22.77% | 25.19% | 27.63% | 26.57% | 26.38% | 26.74% | 26.31% | 24.83% | 20.28% | 17.63% | 17.87% | 20.82% | 21.17% | 16.87% | 22.53% | 20.02% | 20.41% | 22.27% | 20.28% | 20.43% | 16.80% | 18.15% | 28.32% | 30.12% | 31.37% | 33.08% | 32.49% | 31.62% | 32.77% | 32.09% | 29.71% | 28.05% | 26.58% | 24.06% | 29.19% | 29.15% | 31.77% |
| Research & Development | 49.10M | 35.00M | 35.70M | 37.10M | 34.90M | 41.20M | 37.90M | 27.80M | 27.80M | 24.50M | 25.70M | 23.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 155.90M | 154.90M | 134.10M | 126.90M | 116.80M | 142.90M | 115.70M | 107.50M | 103.20M | 94.00M | 81.40M | 66.34M | 69.95M | 70.85M | 62.43M | 57.47M | 61.55M | 50.18M | 50.18M | 46.87M | 40.34M | 39.09M | 41.00M | 44.97M | 58.05M | 54.80M | 51.10M | 44.30M | 39.60M | 36.10M | 28.50M | 25.50M | 23.20M | 24.40M | 21.20M | 20.60M | 20.00M | 17.70M | 16.70M |
| Other Expenses | 85.80M | 18.80M | 19.10M | 19.30M | 19.00M | 5.10M | 6.40M | 4.70M | 500.00K | 200.00K | 2.60M | -1.26M | -272.00K | 2.40M | 2.30M | 6.93M | 7.49M | 5.09M | 5.38M | 4.31M | 3.91M | 2.24M | 12.77M | 10.99M | 20.71M | 19.90M | 19.90M | 16.70M | 14.00M | 12.10M | 10.00M | 8.70M | 7.30M | 6.60M | 5.70M | 5.10M | 4.70M | 4.20M | 3.30M |
| Operating Expenses | 292.50M | 173.70M | 153.20M | 146.20M | 135.80M | 159.00M | 121.30M | 107.50M | 103.20M | 95.50M | 81.40M | 68.13M | 71.76M | 73.25M | 64.72M | 64.40M | 69.04M | 55.27M | 55.56M | 51.19M | 44.26M | 41.33M | 53.77M | 55.96M | 78.76M | 74.70M | 71.00M | 61.00M | 53.60M | 48.20M | 38.50M | 34.20M | 30.50M | 31.00M | 26.90M | 25.70M | 24.70M | 21.90M | 20.00M |
| Cost & Expenses | 1.23B | 1.09B | 1.05B | 960.10M | 876.80M | 893.50M | 790.00M | 705.70M | 699.40M | 757.80M | 697.50M | 496.33M | 453.74M | 412.29M | 362.44M | 420.90M | 497.39M | 415.18M | 391.97M | 357.80M | 332.06M | 331.01M | 321.34M | 352.38M | 381.37M | 356.80M | 331.30M | 290.60M | 261.20M | 233.30M | 181.90M | 151.00M | 134.60M | 138.50M | 124.40M | 118.50M | 104.50M | 89.70M | 85.50M |
| Interest Income | 0.00 | 4.00M | 3.70M | 5.20M | 10.10M | 8.30M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 16.70M | 2.70M | 3.50M | 5.20M | 10.10M | 8.30M | 900.00K | 400.00K | 700.00K | 700.00K | 300.00K | 30.00K | 288.00K | 198.00K | 0.00 | 1.38M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 57.90M | 49.50M | 52.60M | 51.50M | 48.30M | 43.30M | 28.10M | 24.30M | 23.90M | 23.40M | 23.90M | 18.81M | 16.16M | 15.76M | 19.41M | 37.04M | 28.16M | 24.00M | 22.85M | 21.43M | 20.78M | 16.62M | 16.26M | 16.70M | 20.71M | 19.90M | 19.90M | 16.70M | 14.00M | 12.10M | 10.00M | 8.70M | 7.30M | 6.60M | 5.70M | 5.10M | 4.70M | 4.20M | 3.30M |
| EBITDA | -52.80M | 151.60M | 174.60M | 191.60M | 207.10M | 169.00M | 152.80M | 135.10M | 133.60M | 149.80M | 99.20M | 56.76M | 27.52M | 31.70M | 27.73M | -73.37M | 77.84M | 58.84M | 53.57M | 58.08M | 28.94M | 33.07M | 254.00K | 9.76M | 56.10M | 62.50M | 67.90M | 69.20M | 60.30M | 49.50M | 41.40M | 29.70M | 20.80M | 17.50M | 14.10M | 8.80M | 12.90M | 10.20M | 13.80M |
| EBITDA Ratio | -4.74% | 12.06% | 15.01% | 17.61% | 20.23% | 15.01% | 16.12% | 16.55% | 16.51% | 17.04% | 13.17% | 5.12% | 5.92% | 7.09% | 11.09% | 38.50% | 16.93% | 13.71% | 12.78% | 14.12% | 13.46% | 14.12% | 7.62% | 7.17% | 13.02% | 15.48% | 16.37% | 18.36% | 18.02% | 16.92% | 18.24% | 16.28% | 13.84% | 10.58% | 9.94% | 6.71% | 10.91% | 10.03% | 13.54% |
| Operating Income | -112.00M | 90.40M | 111.70M | 127.90M | 147.10M | 106.80M | 118.30M | 110.80M | 109.70M | 112.20M | 73.60M | 39.18M | 11.36M | 15.94M | 7.44M | -111.71M | 50.40M | 32.82M | 30.72M | 36.64M | 28.94M | 33.07M | 254.00K | 9.76M | 40.77M | 46.90M | 48.00M | 52.50M | 46.30M | 37.40M | 31.40M | 21.00M | 13.50M | 10.90M | 8.40M | 3.70M | 8.20M | 6.00M | 10.50M |
| Operating Income Ratio | -10.05% | 7.66% | 9.60% | 11.76% | 14.37% | 10.68% | 13.02% | 13.57% | 13.56% | 12.73% | 9.52% | 7.54% | 2.44% | 3.72% | 1.97% | -26.05% | 9.12% | 7.29% | 7.27% | 9.29% | 8.02% | 9.08% | 0.08% | 2.70% | 9.66% | 11.62% | 12.65% | 15.30% | 15.06% | 13.82% | 14.72% | 12.21% | 9.12% | 7.30% | 6.33% | 3.03% | 7.28% | 6.27% | 10.94% |
| Total Other Income/Expenses | -16.10M | -300.00K | 6.80M | 7.00M | 1.60M | -3.20M | 5.50M | 5.10M | 1.20M | 8.60M | 2.30M | 14.45M | 16.00K | -1.48M | 376.00K | 903.00K | -926.00K | 2.15M | 1.65M | 1.81M | -436.00K | -1.11M | 2.35M | 9.44M | 165.00K | -1.86M | 5.60M | 5.90M | 4.70M | 3.40M | 2.10M | 1.50M | 100.00K | 1.10M | 200.00K | -100.00K | 0.00 | -100.00K | 100.00K |
| Income Before Tax | -128.10M | 90.10M | 118.50M | 134.90M | 148.70M | 103.60M | 123.80M | 115.90M | 110.90M | 120.80M | 75.90M | 37.95M | 11.37M | 14.46M | 7.82M | -110.80M | 49.48M | 35.78M | 32.37M | 38.45M | 28.51M | 31.96M | 2.61M | 19.20M | 46.99M | 50.70M | 53.60M | 58.40M | 51.00M | 40.80M | 33.50M | 22.50M | 13.60M | 12.00M | 8.60M | 3.60M | 8.20M | 5.90M | 10.60M |
| Income Before Tax Ratio | -11.49% | 7.64% | 10.18% | 12.40% | 14.52% | 10.36% | 13.63% | 14.19% | 13.71% | 13.71% | 9.82% | 7.30% | 2.45% | 3.38% | 2.07% | -25.84% | 8.95% | 7.95% | 7.66% | 9.75% | 7.90% | 8.78% | 0.81% | 5.30% | 11.13% | 12.56% | 14.13% | 17.02% | 16.59% | 15.07% | 15.71% | 13.08% | 9.18% | 8.03% | 6.48% | 2.95% | 7.28% | 6.17% | 11.04% |
| Income Tax Expense | -4.80M | 13.00M | 16.30M | 12.60M | 25.30M | 12.00M | 66.60M | 23.00M | 26.30M | 19.80M | -20.30M | -2.49M | 3.24M | -4.08M | -5.96M | 1.68M | 9.72M | 9.79M | 15.32M | 12.91M | 8.83M | 10.09M | -1.20M | 6.44M | 16.10M | 17.90M | 18.30M | 21.20M | 18.60M | 14.70M | 12.50M | 7.80M | 4.10M | 4.10M | 3.50M | 1.40M | 3.10M | 3.00M | 4.70M |
| Net Income | -123.30M | 77.10M | 102.20M | 122.30M | 123.40M | 91.60M | 57.20M | 92.90M | 84.60M | 101.10M | 96.10M | 40.74M | 8.38M | 19.50M | 13.66M | -112.48M | 39.75M | 26.08M | 17.05M | 25.53M | 19.68M | 21.87M | 3.81M | 19.35M | 30.89M | 32.80M | 35.30M | 37.20M | 32.40M | 26.10M | 21.00M | 15.40M | 4.60M | 7.90M | 5.10M | 2.20M | 5.10M | 2.90M | 5.90M |
| Net Income Ratio | -11.06% | 6.54% | 8.78% | 11.24% | 12.05% | 9.16% | 6.30% | 11.38% | 10.46% | 11.47% | 12.44% | 7.84% | 1.80% | 4.55% | 3.62% | -26.23% | 7.19% | 5.80% | 4.03% | 6.47% | 5.45% | 6.01% | 1.18% | 5.34% | 7.32% | 8.12% | 9.31% | 10.84% | 10.54% | 9.64% | 9.85% | 8.95% | 3.11% | 5.29% | 3.84% | 1.80% | 4.53% | 3.03% | 6.15% |
| EPS | -3.48 | 2.14 | 2.74 | 3.22 | 3.28 | 2.45 | 1.53 | 2.49 | 2.21 | 2.61 | 2.53 | 1.09 | 0.22 | 0.53 | 0.37 | -3.05 | 1.07 | 0.72 | 0.47 | 0.71 | 0.55 | 0.60 | 0.11 | 0.54 | 0.87 | 0.93 | 1.00 | 1.06 | 0.93 | 0.75 | 0.61 | 0.45 | 0.14 | 0.24 | 0.15 | 0.07 | 0.16 | 0.09 | 0.19 |
| EPS Diluted | -3.48 | 2.10 | 2.70 | 3.19 | 3.26 | 2.43 | 1.52 | 2.48 | 2.20 | 2.57 | 2.51 | 1.08 | 0.22 | 0.52 | 0.37 | -3.05 | 1.06 | 0.71 | 0.47 | 0.71 | 0.55 | 0.60 | 0.11 | 0.54 | 0.87 | 0.93 | 1.00 | 1.06 | 0.93 | 0.75 | 0.61 | 0.45 | 0.14 | 0.24 | 0.15 | 0.07 | 0.16 | 0.09 | 0.19 |
| Weighted Avg Shares Out | 35.47M | 36.02M | 37.23M | 38.04M | 37.57M | 37.41M | 37.28M | 37.28M | 38.33M | 38.69M | 37.97M | 37.41M | 37.37M | 37.13M | 36.91M | 36.88M | 37.07M | 36.23M | 36.27M | 35.96M | 35.78M | 36.45M | 34.59M | 35.84M | 35.50M | 35.29M | 35.30M | 35.24M | 34.97M | 34.67M | 34.43M | 34.22M | 32.86M | 32.92M | 34.00M | 31.43M | 31.88M | 32.22M | 31.05M |
| Weighted Avg Shares Out (Dil) | 35.47M | 36.78M | 37.82M | 38.31M | 37.84M | 37.67M | 37.54M | 37.49M | 38.47M | 39.27M | 38.22M | 37.89M | 37.59M | 37.84M | 36.91M | 36.88M | 37.49M | 36.74M | 36.27M | 36.07M | 35.78M | 36.45M | 34.59M | 35.84M | 35.50M | 35.29M | 35.30M | 35.24M | 34.97M | 34.90M | 34.43M | 34.22M | 32.86M | 32.92M | 34.00M | 31.43M | 31.88M | 32.22M | 31.05M |
Methode Electronics, Inc. (MEI) Q2 2025 Earnings Call Transcript
Methode Electronics, Inc. (NYSE:MEI ) Q2 2025 Results Conference Call December 5, 2024 11:00 AM ET Company Participants Robert Cherry - Vice President-Investor Relations Jonathan DeGaynor - President and Chief Executive Officer Laura Kowalchik - Chief Financial Officer Conference Call...
Methode (MEI) Q2 Earnings and Revenues Surpass Estimates
Methode (MEI) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of a loss of $0.17 per share. This compares to earnings of $0.06 per share a year ago.
Methode Electronics, Inc. Reports Fiscal 2025 Second Quarter Financial Results
CHICAGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting and power distribution applications, today announced financial results for the second quarter of fiscal 2025 ended November...
METHODE ELECTRONICS ALERT: Bragar Eagel & Squire, P.C. is Investigating Methode Electronics Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Methode Electronics Inc. (NYSE: MEI) on behalf of long-term stockholders following a class action complaint...
Earnings Preview: Methode (MEI) Q2 Earnings Expected to Decline
Methode (MEI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Methode Electronics to Announce Second Quarter Fiscal 2025 Results on Thursday, December 5, 2024
CHICAGO, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced it will release its second quarter fiscal 2025 results for...
Broad Street Realty, Centennial and MEI Inaugurate 2.4 MW Rooftop Solar Project at Retail Center in Anne Arundel County
GLEN BURNIE, Md. , Nov. 1, 2024 /PRNewswire/ -- Broad Street Realty inaugurated a 2.4 MW(dc) rooftop solar project at its Cromwell Shopping Center in Glen Burnie, Maryland.
INVESTOR ALERT: Rigrodsky Law, P.A. Is Investigating Methode Electronics, Inc. On Behalf of Shareholders
WILMINGTON, DE / ACCESSWIRE / October 31, 2024 / Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Methode Electronics, Inc. ("Methode" or the "Company") (NYSE:MEI) on behalf of stockholders.
Lost Money on Methode Electronics, Inc.(MEI)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
NEW YORK , Oct. 28, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Methode Electronics, Inc. (NYSE: MEI). Shareholders who purchased shares of MEI during the class period listed are encouraged to contact the...
Source: https://incomestatements.info
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