METHODE ELECTRONICS INC MEI

Technology SIC 3678 - Electronic Connectors NAICS Manufacturing › Computer and Electronic Product Manufacturing › Semiconductor and Other Electronic Component Manufacturing › Electronic Connector Manufacturing derived NYSE

Last close 12.12 2026-10-23
Market cap $432.0M 2026-08-01 share count
52-week range 4.88 - 20.38

Valuation FY2025 figures against the last close

P/S0.4x
P/E—
P/FCF27.7x
EV/EBITDA9.1x
Dividend yield1.9%
Diluted EPS-1.01

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • Emea
  • North America
  • Asia
Revenue by geography, 3 categories over 3 years. The same figures are in the table below. FY2025 Emea, FY2025: 457.6M (44.9%) 45% Emea North America, FY2025: 399.5M (39.2%) 39% North America Asia, FY2025: 162.1M (15.9%) 16% Asia FY2024 Emea, FY2024: 417.3M (39.8%) 40% North America, FY2024: 468.2M (44.7%) 45% Asia, FY2024: 162.6M (15.5%) 16% FY2023 Emea, FY2023: 390.4M (35.0%) 35% North America, FY2023: 507.9M (45.6%) 46% Asia, FY2023: 216.2M (19.4%) 19%
Region FY2025FY2024FY2023
Emea $457.6M $417.3M $390.4M
North America $399.5M $468.2M $507.9M
Asia $162.1M $162.6M $216.2M

As the company reported it, from the “Revenue - Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Revenue by segment

  • Industrial
  • Automotive
  • Interface
  • Other
Revenue by segment, 4 categories over 3 years. The same figures are in the table below. FY2025 Industrial, FY2025: 524.3M (51.4%) 51% Industrial Automotive, FY2025: 467.7M (45.9%) 46% Automotive Interface, FY2025: 27.2M (2.7%) Other, FY2025: 0 (0.0%) FY2024 Industrial, FY2024: 487.4M (46.5%) 47% Automotive, FY2024: 508.9M (48.6%) 49% Interface, FY2024: 51.8M (4.9%) 5% Other, FY2024: 0 (0.0%) FY2023 Industrial, FY2023: 460.1M (41.3%) 41% Automotive, FY2023: 598.2M (53.7%) 54% Interface, FY2023: 53.8M (4.8%) 5% Other, FY2023: 2.4M (0.2%)
Segment FY2025FY2024FY2023
Industrial $524.3M $487.4M $460.1M
Automotive $467.7M $508.9M $598.2M
Interface $27.2M $51.8M $53.8M
Other $0 $0 $2.4M

As the company reported it, from the “Segment Information and Geographic Area Information - Schedule of Segment Reporting Information, by Segment (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.02B$1.05B$1.11B$1.18B$1.16B$1.09B$1.02B$1.00B$908.3M$816.5M
Cost of revenue $817.0M$884.7M$935.7M$915.5M$898.7M$813.9M$741.0M$734.5M$668.7M$598.2M
Gross profit $202.2M$163.4M$178.8M$264.1M$264.9M$274.1M$282.9M$265.8M$239.6M$218.3M
R&D $37.5M$41.8M$49.1M$35.0M$35.7M$35.7M$34.9M$41.2M$37.9M$27.8M
SG&A $170.3M$163.9M$160.9M$154.9M$134.1M$126.9M$116.8M$142.9M$115.7M$105.2M
Operating income $8.8M-$23.9M-$112.0M$90.4M$111.7M$127.9M$147.1M$106.8M$118.3M$110.8M
Interest expense $23.3M$22.0M$16.7M$2.7M$3.5M$5.2M$10.1M$8.3M$900.0K$400.0K
Pre-tax income -$10.7M-$50.1M-$128.1M$90.1M$118.5M$134.9M$148.7M$103.6M$123.8M$115.9M
Income tax $25.0M$12.5M$4.8M$13.0M$16.3M$12.6M$25.3M$12.0M$66.6M$23.0M
Net income -$35.7M-$62.6M-$123.3M$77.1M$102.2M$122.3M$123.4M$91.6M$57.2M$92.9M
EPS, basic -1.01-1.77-3.482.142.743.223.282.451.54—
EPS, diluted -1.01-1.77-3.482.102.703.193.262.431.52—
Shares, diluted (wtd. avg.) 35.5M35.3M35.5M36.8M37.8M38.3M37.8M37.7M37.5M37.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $139.6M$103.6M$161.5M$157.0M$172.0M$233.2M$217.3M$83.2M$246.1M$294.0M
Receivables $257.3M$241.0M$262.6M$314.3M$273.3M$282.5M$188.5M$219.3M$202.6M$165.3M
Inventory $178.7M$194.1M$186.2M$159.7M$158.5M$124.2M$131.0M$116.7M$84.1M$57.9M
Total current assets $600.0M$559.9M$637.7M$664.4M$629.0M$674.0M$565.6M$453.5M$550.0M$530.3M
Property, plant and equipment $209.3M$221.6M$212.1M$220.3M$197.0M$204.0M$201.9M$191.9M$162.2M$90.6M
Goodwill $174.9M$172.7M$169.9M$301.9M$233.0M$235.6M$231.6M$233.3M$59.2M$1.6M
Other intangibles $218.9M$238.4M$256.7M$256.7M$207.7M$229.4M$244.8M$264.9M$61.0M$6.6M
Total assets $1.31B$1.31B$1.40B$1.58B$1.39B$1.47B$1.37B$1.23B$915.9M$704.0M
Accounts payable $134.1M$125.9M$132.4M$138.7M$108.5M$122.9M$73.8M$91.9M$89.5M$75.3M
Short-term debt $200.0K$200.0K$200.0K$3.2M$13.0M$14.9M$15.3M$15.7M$4.4M$0
Total current liabilities $253.5M$233.2M$231.4M$228.0M$188.6M$222.7M$143.8M$180.9M$157.0M$124.4M
Long-term debt $324.8M$317.4M$330.7M$303.6M$197.5M$225.2M$336.8M$276.9M$53.4M$27.0M
Total liabilities $628.6M$612.5M$637.5M$626.2M$475.3M$549.0M$587.2M$542.0M$285.9M—
Retained earnings $479.3M$524.2M$612.3M$772.7M$763.9M$746.0M$651.9M$545.2M$472.0M$427.0M
Total equity $677.5M$693.3M$766.0M$941.8M$913.8M$918.0M$783.4M$689.7M$630.0M$541.1M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $38.0M$26.4M$47.5M$132.8M$98.8M$179.8M$140.6M$102.0M$117.8M$145.2M
Depreciation and amortisation $58.8M$58.5M$57.9M$49.5M$52.6M$51.5M$48.3M$43.3M$28.1M$24.3M
Stock-based compensation $8.5M$7.4M$3.6M$11.5M$11.8M$6.8M$300.0K$14.0M$4.0M$12.4M
Capital expenditure $22.4M$41.6M$50.2M$42.0M$38.0M$24.9M$45.1M$49.8M$47.7M$22.4M
Investing cash flow $1.3M-$32.9M-$17.5M-$153.1M-$37.4M-$24.8M-$44.5M-$470.8M-$179.0M-$21.7M
Financing cash flow -$14.2M-$58.9M-$18.9M$3.2M-$114.6M-$142.9M$41.7M$217.4M-$12.7M-$47.0M
Dividends paid $8.3M$20.4M$19.9M$19.8M$20.4M$17.4M$16.3M$16.3M$14.7M$13.7M
Buybacks $0$1.6M$13.7M$48.1M$64.5M$6.7M—$0$0$9.8M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-030317.

Plot the figures US dollars

  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -500M 0 500M 1B 1.5B Revenue, FY2016: 816.5M Gross profit, FY2016: 218.3M Net income, FY2016: 92.9M Revenue, FY2017: 908.3M Gross profit, FY2017: 239.6M Net income, FY2017: 57.2M Revenue, FY2018: 1B Gross profit, FY2018: 265.8M Net income, FY2018: 91.6M Revenue, FY2019: 1B Gross profit, FY2019: 282.9M Net income, FY2019: 123.4M Revenue, FY2020: 1.1B Gross profit, FY2020: 274.1M Net income, FY2020: 122.3M Revenue, FY2021: 1.2B Gross profit, FY2021: 264.9M Net income, FY2021: 102.2M Revenue, FY2022: 1.2B Gross profit, FY2022: 264.1M Net income, FY2022: 77.1M Revenue, FY2023: 1.1B Gross profit, FY2023: 178.8M Net income, FY2023: -123.3M Revenue, FY2024: 1B Gross profit, FY2024: 163.4M Net income, FY2024: -62.6M Revenue, FY2025: 1B Gross profit, FY2025: 202.2M Net income, FY2025: -35.7M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $816.5M $908.3M $1.00B $1.02B $1.09B $1.16B $1.18B $1.11B $1.05B $1.02B
Gross profit $218.3M $239.6M $265.8M $282.9M $274.1M $264.9M $264.1M $178.8M $163.4M $202.2M
Net income $92.9M $57.2M $91.6M $123.4M $122.3M $102.2M $77.1M -$123.3M -$62.6M -$35.7M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Officer or director change Item 5.02
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Annual report filed Form 10-K

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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