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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 |
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Methode Electronics, Inc. - MEI
NEW YORK, NY / ACCESSWIRE / October 21, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Methode Electronics, Inc.. ("Methode" or the "Company") (NYSE:MEI).
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 25, 2024 in Methode Electronics Lawsuit - MEI
NEW YORK, NY / ACCESSWIRE / October 21, 2024 / If you suffered a loss on your Methode Electronics, Inc. (NYSE:MEI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for...
Methode Electronics, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before October 25, 2024 to Discuss Your Rights - MEI
NEW YORK, NY / ACCESSWIRE / October 21, 2024 / If you suffered a loss on your Methode Electronics, Inc. (NYSE:MEI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for...
Methode Electronics, Inc. Is Being Sued For Violating Securities Laws And Shareholders Are Urged To Assist The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / October 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Methode Electronics, Inc. ("Methode" or "the Company") (NYSE:MEI) violations of 10(b) and...
Shareholders of Methode Electronics, Inc. Should Contact Levi & Korsinsky Before October 25, 2024 to Discuss Your Rights - MEI
NEW YORK, NY / ACCESSWIRE / October 21, 2024 / If you suffered a loss on your Methode Electronics, Inc. (NYSE:MEI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for...
Levi & Korsinsky Reminds Methode Electronics, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 25, 2024 – MEI
NEW YORK, NY / ACCESSWIRE / October 21, 2024 / If you suffered a loss on your Methode Electronics, Inc. (NYSE:MEI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for...
MEI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Methode Electronics, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESSWIRE / October 21, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Methode Electronics, Inc. ("Methode Electronics" or "the Company")...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 25, 2024 in Methode Electronics, Inc. Lawsuit - MEI
NEW YORK, NY / ACCESSWIRE / October 20, 2024 / If you suffered a loss on your Methode Electronics, Inc. (NYSE:MEI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for...
Methode Electronics, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before October 25, 2024 to Discuss Your Rights - MEI
NEW YORK, NY / ACCESSWIRE / October 20, 2024 / If you suffered a loss on your Methode Electronics, Inc. (NYSE:MEI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for...
Levi & Korsinsky Reminds Methode Electronics Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 25, 2024 - MEI
NEW YORK, NY / ACCESSWIRE / October 20, 2024 / If you suffered a loss on your Methode Electronics, Inc. (NYSE:MEI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for...
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