MEI · Methode Electronics Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $233.70M | $246.90M | $240.50M | $292.60M | $239.90M | $258.50M | $288.00M | $259.50M | $289.70M | $315.90M |
| Cost of Revenue | $194.90M | $199.20M | $197.00M | $234.70M | $198.60M | $213.90M | $235.70M | $222.50M | $235.70M | $241.80M |
| Gross Profit | $38.80M | $47.70M | $43.50M | $57.90M | $41.30M | $44.60M | $52.30M | $37.00M | $54.00M | $74.10M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $39.10M | $39.00M | $36.60M | $42.60M | $37.70M | $46.20M | $40.90M | $33.90M | $44.50M | $36.60M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $8.80M | $9.20M | $14.90M | $8.40M | $8.30M | $14.10M | $8.20M | $8.80M | $14.00M | $7.50M |
| Operating Income | ($6.10M) | $2.90M | $1.10M | $9.40M | ($2.20M) | ($7.50M) | ($51.30M) | ($3.00M) | $3.80M | $32.80M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $2.80M | $5.70M | $4.20M | $3.20M | $6.20M | $5.20M | ($200.0K) | $1.10M | $100.0K | $5.80M |
| Net Income | ($15.90M) | ($9.90M) | ($10.30M) | ($1.60M) | ($14.40M) | ($18.30M) | ($55.30M) | ($11.60M) | $900.0K | $27.60M |
| EPS - Basic | ($0.45) | ($0.28) | ($0.29) | ($0.05) | ($0.41) | ($0.52) | ($1.55) | ($0.33) | $0.03 | $0.76 |
| EPS - Diluted | ($0.45) | ($0.28) | ($0.29) | ($0.05) | ($0.41) | ($0.52) | ($1.55) | ($0.33) | $0.02 | $0.75 |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $133.70M | $118.50M | $121.10M | $103.60M | $103.80M | $111.30M | $161.50M | $122.90M | $147.90M | $157.00M |
| Accounts Receivable | $215.60M | $229.60M | $215.60M | $241.00M | $220.00M | $248.60M | $262.60M | $265.30M | $300.80M | $314.30M |
| Inventory | $209.80M | $190.20M | $190.90M | $194.10M | $218.80M | $219.90M | $186.20M | $204.00M | $175.60M | $159.70M |
| Accounts Payable | $137.30M | $124.20M | $123.50M | $125.90M | $107.70M | $161.10M | $132.40M | $146.00M | $131.90M | $138.70M |
| Current Assets | $585.30M | $555.30M | $549.20M | $559.90M | $572.20M | $611.80M | $637.70M | $629.80M | $657.50M | $664.40M |
| Total Assets | $1.31B | $1.29B | $1.29B | $1.31B | $1.30B | $1.38B | $1.40B | $1.49B | $1.57B | $1.58B |
| Current Liabilities | $242.80M | $217.60M | $219.60M | $233.20M | $201.40M | $260.80M | $231.40M | $229.90M | $208.40M | $228.00M |
| Long-term Debt | $340.70M | $332.30M | $323.20M | $317.40M | $327.70M | $295.80M | $330.70M | $331.10M | $335.80M | $303.60M |
| Total Liabilities | $631.30M | $608.10M | $603.20M | $612.50M | $600.30M | $633.50M | $637.50M | $656.50M | $641.80M | $626.20M |
| Stockholders' Equity | $675.00M | $679.30M | $688.10M | $693.30M | $704.30M | $744.40M | $766.00M | $835.00M | $931.40M | $941.80M |
| Retained Earnings | $481.00M | $498.90M | $511.00M | $524.20M | $558.30M | $587.10M | $612.30M | $677.60M | $764.80M | $772.70M |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $25.10M | - | - | $10.90M | - | - | ($5.60M) | - |
| Investing Cash Flow | - | - | ($5.80M) | - | - | ($13.60M) | - | - | ($13.80M) | - |
| Financing Cash Flow | - | - | ($4.50M) | - | - | ($48.20M) | - | - | $12.50M | - |
| CapEx | - | - | $7.10M | - | - | $13.60M | - | - | $13.80M | - |
| Free Cash Flow | - | - | $18.00M | - | - | ($2.70M) | - | - | ($19.40M) | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 16.6% | 19.3% | 18.1% | 19.8% | 17.2% | 17.3% | 18.2% | 14.3% | 18.6% | 23.5% |
| Operating margin | -2.6% | 1.2% | 0.5% | 3.2% | -0.9% | -2.9% | -17.8% | -1.2% | 1.3% | 10.4% |
| EBITDA margin | 1.2% | 4.9% | 6.7% | 6.1% | 2.5% | 2.6% | -15.0% | 2.2% | 6.1% | 12.8% |
| Net margin | -6.8% | -4.0% | -4.3% | -0.5% | -6.0% | -7.1% | -19.2% | -4.5% | 0.3% | 8.7% |
| Free cash flow margin | - | - | 7.5% | - | - | -1.0% | - | - | -6.7% | - |
| FCF / Net income | - | - | -1.75 | - | - | 0.15 | - | - | -21.56 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 16.7% | 15.8% | 15.2% | 14.6% | 15.7% | 17.9% | 14.2% | 13.1% | 15.4% | 11.6% |
| Effective tax rate | - | - | - | 200.0% | - | - | - | - | 10.0% | 17.4% |
| Return on assets | -1.2% | -0.8% | -0.8% | -0.1% | -1.1% | -1.3% | -3.9% | -0.8% | 0.1% | 1.7% |
| Return on equity | -2.4% | -1.5% | -1.5% | -0.2% | -2.0% | -2.5% | -7.2% | -1.4% | 0.1% | 2.9% |
| Return on invested capital | -0.5% | 0.2% | 0.1% | 0.5% | -0.2% | -0.6% | -3.7% | -0.2% | 0.3% | 2.2% |
| Liquidity | ||||||||||
| Current ratio | 2.41 | 2.55 | 2.50 | 2.40 | 2.84 | 2.35 | 2.76 | 2.74 | 3.15 | 2.91 |
| Quick ratio | 1.55 | 1.68 | 1.63 | 1.57 | 1.75 | 1.50 | 1.95 | 1.85 | 2.31 | 2.21 |
| Cash ratio | 0.55 | 0.54 | 0.55 | 0.44 | 0.52 | 0.43 | 0.70 | 0.53 | 0.71 | 0.69 |
| Leverage | ||||||||||
| Debt / Equity | 0.50 | 0.49 | 0.47 | 0.46 | 0.47 | 0.40 | 0.43 | 0.40 | 0.36 | 0.32 |
| Debt / Assets | 0.26 | 0.26 | 0.25 | 0.24 | 0.25 | 0.21 | 0.24 | 0.22 | 0.21 | 0.19 |
| Debt / EBITDA | 126.19 | 27.46 | 20.20 | 17.83 | 53.72 | 44.82 | - | 57.09 | 18.87 | 7.53 |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.94 | 1.90 | 1.88 | 1.88 | 1.85 | 1.85 | 1.83 | 1.79 | 1.69 | 1.68 |
| Liabilities / Assets | 0.48 | 0.47 | 0.47 | 0.47 | 0.46 | 0.46 | 0.45 | 0.44 | 0.41 | 0.40 |
| Efficiency | ||||||||||
| Asset turnover | 0.18 | 0.19 | 0.19 | 0.22 | 0.18 | 0.19 | 0.21 | 0.17 | 0.18 | 0.20 |
| Inventory turnover | 0.93 | 1.05 | 1.03 | 1.21 | 0.91 | 0.97 | 1.27 | 1.09 | 1.34 | 1.51 |
| Days sales outstanding | 337d | 339d | 327d | 301d | 335d | 351d | 333d | 373d | 379d | 363d |
| Days inventory outstanding | 393d | 349d | 354d | 302d | 402d | 375d | 288d | 335d | 272d | 241d |
| Days payable outstanding | 257d | 228d | 229d | 196d | 198d | 275d | 205d | 240d | 204d | 209d |
| Cash conversion cycle | 473d | 460d | 452d | 407d | 539d | 451d | 416d | 468d | 447d | 395d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | 1635.5x | 54.7x |
| P / B | 0.4x | 0.4x | 0.3x | 0.3x | 0.6x | 0.6x | 0.6x | 0.9x | 1.3x | 1.6x |
| P / S | 1.2x | 1.0x | 0.9x | 0.8x | 1.7x | 1.8x | 1.5x | 2.9x | 4.1x | 4.8x |
| EV / EBITDA | 182.0x | 37.4x | 26.6x | 25.3x | 102.0x | 97.0x | - | 165.5x | 77.2x | 41.1x |
| Growth | ||||||||||
| Revenue growth (YoY) | -2.6% | -15.6% | -7.0% | 1.6% | -7.6% | - | -8.8% | -7.4% | - | - |
| Revenue CAGR (3y) | -5.9% | -7.9% | -6.0% | - | -6.3% | - | -0.9% | -4.2% | 2.3% | 7.1% |
| Revenue CAGR (5y) | -4.6% | -3.5% | -2.3% | 2.6% | -3.4% | -0.9% | 4.6% | 1.0% | - | - |
| Gross profit growth (YoY) | -6.1% | -17.6% | -2.5% | 10.7% | 11.6% | - | -29.4% | -43.0% | - | - |
| Operating income growth (YoY) | -177.3% | -69.1% | - | - | 26.7% | - | - | - | - | - |
| Net income growth (YoY) | -10.4% | -518.8% | 43.7% | 97.1% | -24.1% | - | - | - | - | - |
| EPS growth (YoY) | -9.8% | -460.0% | 44.2% | 96.8% | -24.2% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | -70.1% | 6.0% |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | 30.3% | - | - | - | - | - | - | - |
| Book value growth (YoY) | -4.2% | -2.0% | -7.6% | -9.5% | -15.7% | - | -18.7% | -11.4% | - | 3.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-05-03.
Business segments
$995.00M totalAutomotive$508.90M · 51.1%
Industrial$487.40M · 49.0%
Interface$51.80M · 5.2%
Corporate And Intersegment Elimination($53.10M) · -5.3%
Geographic
$1.56B totalUS$445.20M · 28.6%
EMEA$239.50M · 15.4%
North America$237.10M · 15.2%
MT$202.00M · 13.0%
CN$125.90M · 8.1%
Other Countries$116.90M · 7.5%
EG$99.90M · 6.4%
FI$58.20M · 3.7%
Asia$32.30M · 2.1%
Peer comparison
Same SIC group: Electronic Connectors
Comparing METHODE ELECTRONICS INC against the 3 most active filers in the same SIC group.
Dividends
$0.22/share trailing 12 months · -60.7% YoY
| Ex-date | Per share |
|---|---|
| Apr 17, 2026 | $0.0500 |
| Jan 16, 2026 | $0.0500 |
| Oct 29, 2025 | $0.0500 |
| Jul 21, 2025 | $0.0700 |
| Apr 17, 2025 | $0.1400 |
| Jan 17, 2025 | $0.1400 |
| Oct 18, 2024 | $0.1400 |
| Jul 12, 2024 | $0.1400 |
| Apr 11, 2024 | $0.1400 |
| Jan 11, 2024 | $0.1400 |
| Oct 12, 2023 | $0.1400 |
| Jul 13, 2023 | $0.1400 |
| Apr 13, 2023 | $0.1400 |
| Jan 12, 2023 | $0.1400 |
| Oct 13, 2022 | $0.1400 |
| Jul 14, 2022 | $0.1400 |
| Apr 13, 2022 | $0.1400 |
| Jan 13, 2022 | $0.1400 |
| Oct 14, 2021 | $0.1400 |
| Jul 15, 2021 | $0.1400 |
| Apr 15, 2021 | $0.1100 |
| Jan 14, 2021 | $0.1100 |
| Oct 15, 2020 | $0.1100 |
| Jul 16, 2020 | $0.1100 |