MEI
Methode Electronics Inc
NYSE: MEI · TECHNOLOGY · ELECTRONIC COMPONENTS
$8.02
+4.70% today
Updated 2026-04-30
Market cap
$280.96M
P/E ratio
—
P/S ratio
0.29x
EPS (TTM)
$-1.82
Dividend yield
3.69%
52W range
$5 – $10
Volume
0.5M
Methode Electronics Inc (MEI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2008 | 2008 | 2009 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $552.95M | $552.95M | $428.85M | $428.85M | $377.65M | $428.21M | $465.10M | $519.84M | $772.80M | $881.10M | $809.10M | $816.50M | $908.30M | $1.00B | $1.02B | $1.09B | $1.16B | $1.18B | $1.11B | $1.05B |
| Revenue growth (YoY) | — | +0.0% | -22.4% | +0.0% | -11.9% | +13.4% | +8.6% | +11.8% | +48.7% | +14.0% | -8.2% | +0.9% | +11.2% | +10.1% | +2.4% | +6.3% | +6.9% | +1.4% | -5.5% | -6.0% |
| Cost of revenue | $428.36M | $428.36M | $356.50M | $356.50M | $297.71M | $339.04M | $381.98M | $428.20M | $616.10M | $662.30M | $596.20M | $598.20M | $668.70M | $734.50M | $741.00M | $813.90M | $898.70M | $915.50M | $935.70M | $884.70M |
| Gross profit | $124.60M | $124.60M | $72.35M | $72.35M | $79.94M | $89.17M | $83.11M | $91.64M | $156.70M | $218.80M | $212.90M | $218.30M | $239.60M | $265.80M | $282.90M | $274.10M | $264.90M | $264.10M | $180.50M | $163.40M |
| Gross margin | 22.5% | 22.5% | 16.9% | 16.9% | 21.2% | 20.8% | 17.9% | 17.6% | 20.3% | 24.8% | 26.3% | 26.7% | 26.4% | 26.6% | 27.6% | 25.2% | 22.8% | 22.4% | 16.2% | 15.6% |
| R&D | $25.59M | — | $22.00M | — | $18.41M | $19.51M | $20.36M | $23.70M | $25.70M | $24.50M | $27.80M | $27.80M | $37.90M | $41.20M | $34.90M | $37.10M | $35.70M | $35.00M | $49.10M | — |
| SG&A | $61.22M | $50000.00 | $57.47M | $29000.00 | $27000.00 | $70.85M | $1.15M | $38000.00 | $600000.00 | $94.00M | $100.80M | $200000.00 | $5.30M | $8.90M | $116.68M | $126.90M | $134.10M | $154.90M | $160.90M | $163.90M |
| Operating income | $50.40M | $50.40M | $-111.71M | $-111.71M | $7.44M | $15.94M | $11.36M | $39.18M | $73.60M | $112.20M | $109.70M | $110.80M | $118.30M | $106.80M | $147.10M | $127.90M | $111.70M | $90.40M | $-112.00M | $-23.90M |
| Operating margin | 9.1% | 9.1% | -26.0% | -26.0% | 2.0% | 3.7% | 2.4% | 7.5% | 9.5% | 12.7% | 13.6% | 13.6% | 13.0% | 10.7% | 14.4% | 11.8% | 9.6% | 7.7% | -10.0% | -2.3% |
| EBITDA | $77.84M | $93.60M | $-73.37M | $165.11M | $27.73M | $31.70M | $27.52M | $56.76M | $99.20M | $149.80M | $133.60M | $135.10M | $152.80M | $169.00M | $207.10M | $191.60M | $174.60M | $142.30M | $-53.50M | $31.10M |
| EBITDA margin | 14.1% | 16.9% | -17.1% | 38.5% | 7.3% | 7.4% | 5.9% | 10.9% | 12.8% | 17.0% | 16.5% | 16.5% | 16.8% | 16.9% | 20.2% | 17.6% | 15.0% | 12.1% | -4.8% | 3.0% |
| EBIT | $49.68M | $65.44M | $-110.40M | $128.08M | $8.32M | $15.94M | $11.36M | $37.95M | $75.30M | $126.40M | $109.70M | $110.80M | $124.70M | $125.70M | $158.80M | $140.10M | $122.00M | $92.80M | $-111.40M | $-27.40M |
| Interest expense | $0.00 | $0.00 | $1.38M | $1.38M | $139000.00 | $198000.00 | $288000.00 | $30000.00 | $300000.00 | $700000.00 | $700000.00 | $400000.00 | $900000.00 | $8.30M | $10.10M | $5.20M | $3.50M | $2.70M | $16.70M | $22.70M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $39.75M | $39.75M | $-112.48M | $-112.48M | $13.65M | $19.50M | $8.38M | $40.74M | $96.10M | $101.10M | $84.60M | $92.90M | $57.20M | $91.60M | $123.40M | $122.30M | $102.20M | $77.10M | $-123.30M | $-62.60M |
| Net income growth (YoY) | — | +0.0% | -382.9% | +0.0% | +112.1% | +42.8% | -57.0% | +386.0% | +135.9% | +5.2% | -16.3% | +9.8% | -38.4% | +60.1% | +34.7% | -0.9% | -16.4% | -24.6% | -259.9% | +49.2% |
| Profit margin | 7.2% | 7.2% | -26.2% | -26.2% | 3.6% | 4.6% | 1.8% | 7.8% | 12.4% | 11.5% | 10.5% | 11.4% | 6.3% | 9.2% | 12.1% | 11.2% | 8.8% | 6.5% | -11.1% | -6.0% |