Company research
METHODE ELECTRONICS INC
CIK 65270Updated Sep 24, 2026
SecurityMEI · NYSE · equity
Name history
METHODE ELECTRONICS INC · through Sep 17, 2026
MEI price & chart
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NYSE:MEI on TradingView ↗About the company
Methode Electronics, Inc. (NYSE: MEI) is a leading global supplier of custom engineered solutions with sales, engineering, and manufacturing locations in North America, Europe, the Middle East and Asia. We design, engineer, and manufacture mechatronic products for OEMs and tiered suppliers across mobility, industrial, and commercial markets. Our capabilities include power distribution, including busbars, smart connect systems, battery disconnect units, and integrated circuit boards; as well as user interface components, specialized light-emitting diode (“LED”) lighting solutions, and sensor applications.
In the news
Methode Electronics’ Board Approves Dividend ↗
Recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security Holders
Items 5.02, 5.07, 9.01
S-8 filing
4 filing
4 filing
10-Q filing
Show 5 more recent filings
Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,306,100,000Source | 1,305,800,000Source | 1,403,500,000Source | 1,579,100,000Source |
| Property, Plant and Equipment, NetUSD | 209,300,000Source | 221,600,000Source | 212,100,000Source | 220,300,000Source |
| GoodwillUSD | 174,900,000Source | 172,700,000Source | 169,900,000Source | 301,900,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 218,900,000Source | 238,400,000Source | 256,700,000Source | 256,700,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 139,600,000Source | 103,600,000Source | 161,500,000Source | 157,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 257,300,000Source | 241,000,000Source | 262,600,000Source | 314,300,000Source |
| Inventory, NetUSD | 178,700,000Source | 194,100,000Source | 186,200,000Source | 159,700,000Source |
| Assets, CurrentUSD | 600,000,000Source | 559,900,000Source | 637,700,000Source | 664,400,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 21,200,000Source | 17,100,000Source | 18,700,000Source | 20,500,000Source |
| Operating Lease, Right-of-Use AssetUSD | 20,500,000Source | 23,700,000Source | 26,700,000Source | 28,400,000Source |
| Other Assets, NoncurrentUSD | 706,100,000Source | 745,900,000Source | 765,800,000Source | 914,700,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 628,600,000Source | 612,500,000Source | 637,500,000Source | 626,200,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 18,400,000Source | 18,600,000Source | 18,300,000Source | 18,600,000Source |
| Additional Paid in CapitalUSD | 200,100,000Source | 191,800,000Source | 183,600,000Source | 181,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 479,300,000Source | 524,200,000Source | 612,300,000Source | 772,700,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -8,800,000Source | -29,800,000Source | -36,700,000Source | -19,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 677,500,000Source | 693,300,000Source | 766,000,000Source | 941,800,000Source |
| Liabilities and EquityUSD | 1,306,100,000Source | 1,305,800,000Source | 1,403,500,000Source | 1,579,100,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 253,500,000Source | 233,200,000Source | 231,400,000Source | 228,000,000Source |
| Operating Lease, Liability, CurrentUSD | 8,900,000Source | 7,400,000Source | 6,700,000Source | 6,800,000Source |
| Accounts Payable, CurrentUSD | 134,100,000Source | 125,900,000Source | 132,400,000Source | 138,700,000Source |
| Operating Lease, Liability, NoncurrentUSD | 14,800,000Source | 18,200,000Source | 20,600,000Source | 21,800,000Source |
| Deferred Income Tax Liabilities, NetUSD | 29,700,000Source | 26,800,000Source | 28,700,000Source | 41,800,000Source |
| Other Liabilities, NoncurrentUSD | 5,800,000Source | 16,900,000Source | 16,800,000Source | 14,300,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | — | — | — | 8,200,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 200,000Source | 200,000Source | 200,000Source | 3,200,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 324,800,000Source | 317,400,000Source | 330,700,000Source | 303,600,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | — | — | — | 11,100,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | -123,300,000Source | 77,100,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 58,800,000Source | 58,500,000Source | 57,900,000Source | 49,500,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 8,500,000Source | 7,400,000Source | 3,600,000Source | 11,500,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 12,300,000Source | -22,700,000Source | -48,000,000Source | 21,000,000Source |
| Increase (Decrease) in InventoriesUSD | -7,900,000Source | 25,700,000Source | 30,700,000Source | -8,900,000Source |
| Deferred Income Tax Expense (Benefit)USD | 1,300,000Source | -5,500,000Source | -21,500,000Source | -4,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 38,000,000Source | 26,400,000Source | 47,500,000Source | 132,800,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | 114,600,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 1,300,000Source | -32,900,000Source | -17,500,000Source | -153,100,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 22,400,000Source | 41,600,000Source | 50,200,000Source | 42,000,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 1,400,000Source | 4,300,000Source | 3,800,000Source | 500,000Source |
| Payments for Repurchase of Common StockUSD | 0Source | 1,600,000Source | 13,700,000Source | 48,100,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -14,200,000Source | -58,900,000Source | -18,900,000Source | 3,200,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 8,300,000Source | 20,400,000Source | 19,900,000Source | 19,800,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 36,000,000Source | -57,900,000Source | 4,500,000Source | -15,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 139,600,000Source | 103,600,000Source | 161,500,000Source | 157,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 20,900,000Source | 23,400,000Source | 17,000,000Source | 5,600,000Source |
| Income Taxes Paid, NetUSD | 24,600,000Source | 22,300,000Source | 15,000,000Source | 25,600,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 10,900,000Source | 7,500,000Source | -6,600,000Source | 2,100,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 1,600,000Source | 1,100,000Source | 800,000Source | 700,000Source |
| Amortization of Intangible AssetsUSD | 23,100,000Source | 23,400,000Source | 24,000,000Source | 18,800,000Source |
| DepreciationUSD | 35,700,000Source | 35,100,000Source | 33,900,000Source | 30,700,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | 700,000Source | 700,000Source | 1,300,000Source |
| Environmental Remediation ExpenseUSD | 200,000Source | 600,000Source | 900,000Source | 1,100,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -7,700,000Source | -5,500,000Source | -2,200,000Source | — |
| Gain (Loss) on Disposition of BusinessUSD | 11,200,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 400,000Source | 500,000Source | 1,900,000Source | -600,000Source |
| GoodwillUSD | 174,900,000Source | 172,700,000Source | 169,900,000Source | 301,900,000Source |
| Goodwill, Impairment LossUSD | 0Source | — | 105,900,000Source | — |
| Income Tax Expense (Benefit)USD | 25,000,000Source | 12,500,000Source | -4,800,000Source | 13,000,000Source |
| Inventory Write-downUSD | 8,000,000Source | 20,400,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -35,700,000Source | -62,600,000Source | -123,300,000Source | 77,100,000Source |
| Nonoperating Income (Expense)USD | 3,800,000Source | -4,200,000Source | 600,000Source | 2,400,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 1,500,000Source |
| Restructuring CostsUSD | — | — | — | 1,000,000Source |
| Restructuring Costs and Asset Impairment ChargesUSD | 5,000,000Source | 2,700,000Source | 3,700,000Source | — |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 1,019,200,000Source | 1,048,100,000Source | 1,114,500,000Source | 1,179,600,000Source |
| Cost of RevenueUSD | 817,000,000Source | 884,700,000Source | 935,700,000Source | 915,500,000Source |
| Selling, General and Administrative ExpenseUSD | 170,300,000Source | 163,900,000Source | 160,900,000Source | 154,900,000Source |
| Operating Income (Loss)USD | 8,800,000Source | -23,900,000Source | -112,000,000Source | 90,400,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -10,700,000Source | -50,100,000Source | -128,100,000Source | 90,100,000Source |
| Income Tax Expense (Benefit)USD | 25,000,000Source | 12,500,000Source | -4,800,000Source | 13,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | -35,700,000Source | -62,600,000Source | -123,300,000Source | 77,100,000Source |
| Earnings Per Share, BasicUSD per share | -1.01Source | -1.77Source | -3.48Source | 2.14Source |
| Earnings Per Share, DilutedUSD per share | -1.01Source | -1.77Source | -3.48Source | 2.1Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 35,521,615Source | 35,330,586Source | 35,470,471Source | 36,016,686Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 35,521,615Source | 35,330,586Source | 35,470,471Source | 36,775,435Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 23,100,000Source | 23,400,000Source | 24,000,000Source | 18,800,000Source |
| Current Income Tax Expense (Benefit)USD | 23,700,000Source | 18,000,000Source | 16,700,000Source | 17,000,000Source |
| Environmental Remediation ExpenseUSD | 200,000Source | 600,000Source | 900,000Source | 1,100,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -7,700,000Source | -5,500,000Source | -2,200,000Source | — |
| Goodwill, Impairment LossUSD | 0Source | — | 105,900,000Source | — |
| Gross ProfitUSD | 202,200,000Source | 163,400,000Source | 178,800,000Source | 264,100,000Source |
| Interest Income (Expense), NetUSD | -23,300,000Source | -22,000,000Source | -16,700,000Source | -2,700,000Source |
| Nonoperating Income (Expense)USD | 3,800,000Source | -4,200,000Source | 600,000Source | 2,400,000Source |
| Research and Development ExpenseUSD | 37,500,000Source | 41,800,000Source | 49,100,000Source | 35,000,000Source |
| Restructuring CostsUSD | — | — | — | 1,000,000Source |
Filing attachments
mei-ex99_1.htm · 8-K · 2026-09-02
EX-99.1 2 mei-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Methode Electronics, Inc. Reports Fiscal 2027 First Quarter Financial Results Continued transformation progress drove robust revenue growth and operational excellence gains Consolidated Fiscal First Quarter 2027 Highlights • Net sales of $265.4 million, up 10.4% year-over-year • Net loss of $11.4 million, compared to $10.3 million in prior-year period • Adjusted EBITDA of $13.7 million compared to $15.7 million in prior-year period…
Read attachment ↗mei-ex99_1.htm · 8-K · 2026-06-24
EX-99.1 2 mei-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Methode Electronics, Inc. Reports Fiscal 2026 Fourth Quarter and Full Year Financial Results Transformation progress drives improved profitability and positions the Company for continued growth in fiscal 2027 Fiscal Fourth Quarter 2026 Highlights • Net sales of $298.1 million, up 15.9% year-over-year, including $22.5 million of customer recoveries realized during the quarter • Net income of $0.4 million or 0.1% of net sales, compare…
Read attachment ↗mei-ex99_1.htm · 8-K · 2026-03-05
EX-99.1 2 mei-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Methode Electronics, Inc. Reports Fiscal 2026 Third Quarter Financial Results Progress on transformation amid mixed market conditions • Net sales of $233.7 million, down 2.6% year-over-year • Net loss of $15.9 million or 6.8% of net sales; adjusted EBITDA margin of 3.1% • Narrowed FY26 Sales guidance, lowered adjusted EBITDA guidance to $58 to $62 million • Finalized agreement for the sale of Harwood Heights, IL facility • Subsequ…
Read attachment ↗mei-ex99_1.htm · 8-K · 2025-12-03
EX-99.1 2 mei-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Methode Electronics, Inc. Reports Fiscal 2026 Second Quarter Financial Results • Net sales of $246.9 million down 15.6% year-over-year; up 2.6% on a sequential quarter basis • Net loss of $9.9 million or 4.0% of net sales; adjusted EBITDA margin of 7.1% • Reaffirming fiscal 2026 guidance for net sales of $900 million to $1 billion and adjusted EBITDA of $70 to $80 million Chicago, IL - December 3, 2025 - Methode Electronics, Inc. (N…
Read attachment ↗mei-ex99_1.htm · 8-K · 2025-09-09
EX-99.1 2 mei-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Methode Electronics, Inc. Reports Fiscal 2026 First Quarter Financial Results • Power Product Sales Growth • Income from Operations Up $8.6 Million • Third Straight Quarter of Strong Free Cash Flow and Net Debt Reduction • Fiscal 2026 Guidance Affirmed Chicago, IL - September 9, 2025 - Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution…
Read attachment ↗mei-ex99_1.htm · 8-K · 2025-07-09
EX-99.1 2 mei-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Methode Electronics, Inc. Reports Fiscal 2025 Fourth Quarter and Full Year Financial Results; Board Approves Dividend • Record Power Product Sales for Data Centers for Quarter and Full Year • Positive Free Cash Flow for Quarter; Highest Quarter Since Fiscal 2023 • Total and Net Debt Reduced from Fiscal 2025 Third Quarter • Fiscal 2026 EBITDA Expected to Improve Over 100% • Corporate Actions Announced • Board of Directors Declares…
Read attachment ↗